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Stock impact report

Artelo Biosciences Reports First Quarter 2022 Financial Results And Provides Business Update [TheStreet.com]

Artelo Biosciences, Inc. (ARTL) 
US:NASDAQ Investor Relations: artelobio.com/investors
Company Research Source: TheStreet.com
$23.5 Million in Cash and Investments as of March 31, 2022, Expected to Support Completion of the CAReS Trial and Operations Into Second Half of 2023 Results of Phase 1b CAReS Trial Anticipated in Q3 2022 SOLANA BEACH, Calif., May 12, 2022 (GLOBE NEWSWIRE) -- (Nasdaq: ARTL), a clinical stage pharmaceutical company developing therapeutics that modulate lipid-signaling pathways, including the endocannabinoid system, today reported financial and operating results for the three months ending March 31, 2022. "We remain highly encouraged by the clinical data to date and we have yet to reach a maximum tolerated dose in our Phase 1b portion of the Cancer Appetite Recovery Study (CAReS) evaluating ART27.13 for the treatment of cancer-related anorexia," stated Gregory D. Gorgas, President and Chief Executive Officer of Artelo Biosciences. Mr. Gorgas continued, "We are also excited by new pre-clinical evidence of ART27.13 protecting from muscle wasting (cachexia), which is often associated w Show less Read more
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