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Coya receives $4.2M milestone payment after FDA approval of IND for Coya 302

Coya Therapeutics (COYA) announces that the FDA has accepted its Investigational New Drug, or IND, application for COYA 302. This proprietary immunomodulatory biologic combination therapy is being developed for the treatment of patients with amyotrophic lateral sclerosis, or ALS. The approval of the IND by the FDA triggers a $4.2M milestone payment to Coya from DRL.

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