Arecor Therapeutics PLC (GB:AREC) has released an update.
Arecor Therapeutics PLC reports positive interim results, including a successful Phase I trial for its insulin candidate AT278 and the expansion of its diabetes and obesity pipeline. The company’s financial position is strengthened by a £6.4 million fundraise, which will support further R&D and sales of Ogluo®, their specialty diabetes product. Arecor’s growing technology partnerships and licensing agreements signal potential future revenue growth.
For further insights into GB:AREC stock, check out TipRanks’ Stock Analysis page.
