Biotron Limited (AU:BIT) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Biotron Limited has clarified that previous announcements mistakenly referred to ‘blood’ viral loads instead of ‘nasal’ viral loads in their SARS-CoV-2 study, stating this was a typographical error without material impact on the trial’s design. The company also revealed that the delay in the BIT225-012 study’s preliminary results was due to increased workload and a shortage of reagents at Thai laboratories, a situation that came to light during a September 2023 visit by Biotron staff. Biotron is implementing improved processes to avoid future errors in their releases.
For further insights into AU:BIT stock, check out TipRanks’ Stock Analysis page.
