tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Cambium Bio Partners with Locus Cell for Global Production of Elate Ocular® ABI

Story Highlights
Cambium Bio Partners with Locus Cell for Global Production of Elate Ocular® ABI

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Regeneus Ltd. ( (AU:CMB) ).

Cambium Bio Limited has signed a Memorandum of Understanding with Locus Cell Co., Ltd. for the global commercial production of the Active Biologic Ingredient for Elate Ocular®, excluding Europe and the Middle East. This strategic partnership is a significant step in Cambium’s commercialization strategy, leveraging Locus Cell’s FDA-compliant facility to meet global demand as the company progresses through Phase 3 trials.

More about Regeneus Ltd.

Cambium Bio Limited is a clinical-stage regenerative medicine company focused on developing therapies for dry eye disease, with its lead product being Elate Ocular®.

Average Trading Volume: 21,539

Technical Sentiment Signal: Hold

Current Market Cap: A$11.88M

See more data about CMB stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1