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GSK GSK plc

39.90
-0.11 (-0.27%)
After Hours
Last Updated: 22:16:55
Delayed by 15 minutes
Name Symbol Market Type
GSK plc NYSE:GSK NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.11 -0.27% 39.90 40.005 39.49 39.97 4,916,752 22:16:55

Artelo Biosciences Shares Rise 8% on Acceptance Into U.K Oncology Program

19/03/2021 2:49pm

Dow Jones News


GSK (NYSE:GSK)
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By Chris Wack

 

Artelo Biosciences Inc. shares rose 8% to $2.11 after the company said it has been accepted into the first round of the Alderley Park Oncology Development Program, a U.K. national program designed to offer advice, guidance, and financial support to develop and progress innovative oncology projects.

The biopharmaceutical company said the program is funded by Innovate UK and Cancer Research UK and supported by major oncology-focused pharmaceutical companies including AstraZeneca, Johnson & Johnson, GlaxoSmithKline and Roche.

Artelo's application is focused on developing a pathway to a validated FABP5 biomarker.

The company said this acceptance could bring additional funding to its overall FABP5 inhibitor program, which has separately received nearly $8 million in support from the U.S. government and can allow its scientists to collaborate with leading UK research institutes and leading oncology pharmaceutical companies to develop a personalized medicine strategy for ART26.12.

 

Write to Chris Wack at chris.wack@wsj.com

 

(END) Dow Jones Newswires

March 19, 2021 10:34 ET (14:34 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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