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The latest announcement is out from NanoCarrier Co., Ltd. ( (JP:4571) ).
NANO MRNA Co., Ltd., through its subsidiary PrimRNA Inc., is advancing the development of an innovative mRNA-based treatment for knee osteoarthritis. The company’s Australian subsidiary, PrimRNA AU Pty Ltd, has received approval to initiate a Phase 1 clinical trial for RUNX1 mRNA, a drug designed to promote cartilage regeneration in the knee. This development marks a significant step in addressing the growing global market for osteoarthritis treatments, which is projected to expand substantially over the next decade. The introduction of disease-modifying drugs like RUNX1 mRNA is expected to enhance market growth and offer new hope for patients suffering from this debilitating condition.
More about NanoCarrier Co., Ltd.
Average Trading Volume: 605,590
Technical Sentiment Signal: Sell
Current Market Cap: Yen10.51B
See more data about 4571 stock on TipRanks’ Stock Analysis page.