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MXC MGC Pharmaceuticals Ltd

0.395
0.00 (0.00%)
06 Jun 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
MGC Pharmaceuticals Ltd ASX:MXC Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.395 0.395 0.42 0.00 01:00:00

MGC Pharmaceuticals Shares Rise After Study Completion for CimetrA

10/01/2023 9:00am

Dow Jones News


MGC Pharmaceuticals (ASX:MXC)
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From Jun 2022 to Jun 2024

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By Kyle Morris

 

Shares in MGC Pharmaceuticals Ltd. rose 13% in early trade Tuesday after the company said that it has completed the preclinical rodent studies on CimetrA, an important step ahead of submission to the U.S. Food and Drug Administration for Investigational New Drug approval.

The pharmaceutical company said that CimetrA is its proprietary investigational medicinal product which has demonstrated anti-inflammatory and immunomodulating properties.

Shares at 0820 GMT were up 0.08 pence at 0.65 pence.

 

Write to Kyle Morris at kyle.morris@dowjones.com

 

(END) Dow Jones Newswires

January 10, 2023 03:45 ET (08:45 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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