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Island Pharmaceuticals Ltd ( (AU:ILA) ) has provided an update.
Island Pharmaceuticals announced the successful completion of patient dosing in the Phase 2b clinical trial of ISLA-101, aimed at treating dengue fever. The trial, part of the larger PROTECT study, seeks to evaluate the drug’s efficacy in reducing virus levels and symptoms in infected individuals. Following promising results from the Phase 2a trial, which focused on the drug’s preventative capabilities, the company has now moved forward with the therapeutic application of ISLA-101. High-level results from this phase are expected in the coming weeks, which could significantly impact the company’s market positioning and offer a potential solution to a major unmet healthcare need.
More about Island Pharmaceuticals Ltd
Island Pharmaceuticals Ltd is an Australian company specializing in the development of antiviral drugs, with a focus on treatments for dengue fever. The company is positioned in the pharmaceutical industry, targeting diseases with significant unmet healthcare needs.
YTD Price Performance: -17.65%
Average Trading Volume: 241,110
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$23.77M
Find detailed analytics on ILA stock on TipRanks’ Stock Analysis page.
