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AXLA Axcella Health Inc

4.58
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Axcella Health Inc NASDAQ:AXLA NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4.58 4.50 4.51 0 01:00:00

Axcella Health Shares Surge 53% on U.K. Regulator Guidance on AXA1125 for Long Covid Fatigue

23/01/2023 10:03pm

Dow Jones News


Axcella Health (NASDAQ:AXLA)
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From May 2022 to May 2024

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By Denny Jacob

 

Axcella Health Inc. shares surged 53% to 66 cents in after-hours trading Monday after the company said it received regulatory guidance from the U.K.'s regulatory agency for AXA1125 as a treatment for long Covid fatigue.

The clinical-stage biotechnology company said the Medicines and Healthcare products Regulatory Agency issued guidance supporting a single trial that could serve as the registration trial for patients with long Covid fatigue. It said it will meet with the agency in the near term to discuss the innovative licensing and access pathway application.

Axcella also said it reported submission of an investigational new drug application to the U.S. Food and Drug Administration for a Phase 2b/3 trial.

Shares, which closed up 2.4% to 43 cents, are down 73% over the last 12 months.

 

Write to Denny Jacob at denny.jacob@wsj.com

 

(END) Dow Jones Newswires

January 23, 2023 16:48 ET (21:48 GMT)

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

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