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Lipella Pharma Soars 48% After FDA Oks IND For LP-310 For Oral Lichen Planus
(RTTNews) - Biotechnology company Lipella Pharmaceuticals Inc. (LIPO) announced Friday that the U.S. Food and Drug Administration (FDA) has approved an Investigational New Drug (IND) application for a multi-center, phase-2a, dose-escalation clinical trial.
The trial will assess the safety and efficacy of LP-310 in patients with symptomatic oral lichen planus (OLP), a highly morbid condition with no effective treatment.
In March 2023, Lipella created a five-member Scientific Advisory Board in Oral Health, made up of a group of highly regarded experts in oral medicine, to focus on the development of LP-310.
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Lipella Pharma Announces Top Line Results In Phase 2A Trial Of LP-10 For Hemorrhagic Cystitis
Biotechnology company Lipella Pharmaceuticals Inc. (LIPO) announced top line results for its recently completed Phase 2a clinical trial evaluating the safety and efficacy of its drug candidate LP-10 for Hemorrhagic Cystitis, a rare but highly morbid disease for which there are currently no FDA approved treatments.
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European Shares Tick Higher In Cautious Trade
European stocks opened on a positive note Monday after falling sharply in the previous session on worries about the impact from higher U.S. tariffs.
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Asian Shares Mixed As US Jobs Data Fuels Rate Cut Bets
Asian stocks ended mixed on Monday as soft U.S. jobs data stirred concerns over the impact of new tariffs on the world's largest economy but fueled bets on a Federal Reserve rate cut in September.
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Yen Advances Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Monday, amid fading hopes for an immediate the Bank of Japan (BoJ) rate hike.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Monday.
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European Economic News Preview: Eurozone Sentix Investor Confidence Due
Investor confidence from the euro area and unemployment from Spain are the top economic news due on Monday. At 2.30 am ET, the Federal Statistical Office publishes Swiss inflation data for July. Economists forecast consumer prices to rise 0.1 percent year-on-year, the same rate of increase as seen in June.
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European Shares Seen Tad Higher At Open
European stocks may open on a positive note Monday as investors keep an eye on the latest batch of earnings and watch further developments on the tariff front.
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Sensex, Nifty Give Up Early Gains; IT And Pharma Stocks Drag
Indian shares were little changed on Monday, giving up some early gains, with rising trade tensions with the U.S., mixed earnings results and continued foreign fund outflows keeping investors on edge.
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