Innovate Bio continues up move, shares ahead 11% [Seeking Alpha]
INNOVATE BIOPHARMACEUTICALS (INNT)
Last innovate biopharmaceuticals earnings: 8/8 04:30 pm
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US:NASDAQ Investor Relations:
ir.innovatebiopharma.com/news-releases
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Source: Seeking Alpha
Innovate Bio continues up move, shares ahead 11%Thinly traded Innovate Biopharmaceuticals (INNT+10.8%) continues its up move on more than double normal volume. Shares have rallied six-fold this month.In January, the then-private company completed a reverse recapitalization with Monster Digital in order to access the public markets.Its lead drug islarazotide, in Phase 3 development for celiac disease, a Fast Track indication in the U.S. NASH is another target (10-K, page 4).At the end of December, Monster had $426K in cash.See all stocks on the move »Now read:Altimmune down 4% on disappointing early-stage HepTCell data »
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