tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Vectus Biosystems Advances Drug Commercialization

Vectus Biosystems Advances Drug Commercialization

Vectus Biosystems Limited (AU:VBS) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Vectus Biosystems Limited has made significant strides in the commercialization of its clinical drug VB0004 and other assets, with expectations of reduced operating costs and a potential R&D refund from the ATO in October 2024. The company has completed Phase Ib human clinical trials for VB0004 with no significant adverse events reported and is progressing on a formal outreach program for licensing and partnerships. Despite the passing of CEO Dr. Karen Duggan, Vectus remains committed to advancing its anti-fibrotic technologies and fulfilling its mission.

For further insights into AU:VBS stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1