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Imaging Biometrics Advances Glioblastoma Trial with Soft Close of Phase 1

Story Highlights
  • Imaging Biometrics Limited announced a soft close to its Phase 1 trial for glioblastoma.
  • The company is preparing for Phase 2 with potential transformative impact in glioblastoma care.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Imaging Biometrics Advances Glioblastoma Trial with Soft Close of Phase 1

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IQ-AI ( (GB:IBAI) ) has shared an update.

Imaging Biometrics Limited has announced a soft close to its Phase 1 clinical trial of oral gallium maltolate for relapsed or refractory glioblastoma, indicating strong early engagement and sufficient enrollment. This milestone allows the company to focus on data consolidation and Phase 2 protocol finalization, with the potential of oral GaM being a transformative agent in glioblastoma care due to its novel mechanism and excellent tolerability. The company is considering independent financing for Phase 2 while exploring strategic partnerships.

More about IQ-AI

Imaging Biometrics Limited, a subsidiary of Imaging Biometrics Limited (LON: IBAI), specializes in quantitative imaging platforms and therapeutics aimed at transforming clinical diagnosis and treatment efficiency and effectiveness.

Average Trading Volume: 516,495

Technical Sentiment Signal: Strong Sell

Current Market Cap: £1.54M

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

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