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The latest update is out from NurExone Biologic ( (TSE:NRX) ).
NurExone Biologic Inc. announced the successful completion of a preclinical study for its product, ExoPTEN, which is advancing towards first-in-human trials. The study demonstrated that ExoPTEN significantly enhances motor function recovery and improves blood flow at spinal cord injury sites, suggesting its potential as a transformative therapeutic candidate. These findings are crucial for the company’s path to regulatory approval and could impact its market positioning in the regenerative medicine industry.
More about NurExone Biologic
NurExone Biologic Inc. is a biotech company listed on the TSX Venture Exchange, OTCQB, and Frankfurt, focusing on developing regenerative exosome-based therapies for central nervous system injuries. Its lead product, ExoPTEN, targets acute spinal cord and optic nerve injuries, aiming at multi-billion-dollar markets. The company is also involved in providing quality exosomes and minimally invasive targeted delivery systems for various indications, with a subsidiary, Exo-Top Inc., established in the U.S. to support its North American growth strategy.
YTD Price Performance: 1.64%
Average Trading Volume: 30,112
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$31.26M
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