Biotech Finds Mid-Week Success Following FDA Announcement

Biotech Finds Mid-Week Success Following FDA Announcement

By: Dylan Sikes – AllPennyStocks.com News

Wednesday, March 6, 2024

A biotech company that is no stranger to coming across our desk has made headlines yet again after it was announced the company received orphan drug designation from the FDA for its CELZ-101 candidate.

Traders were over the moon on the news as they snatched up shares of Creative Medical Technology Holdings Inc. (Nasdaq: CELZ), pushing the micro cap to close up at $4.76/share (+15.28%) on Wednesday. Keep a close eye on this one as it navigates this new FDA designation. 

Creative Medical Technology Holdings Inc is a biotechnology holding company focused on regenerative medicine. It is formed for the purpose of creating and licensing intellectual property in the area of amniotic fluid-derived stem cells for therapeutic applications. Its core activity is stem cell research and the development of applications for use to treat male and female sexual dysfunction, infertility, miscarriages, and related issues.


Copyright © 2024 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Other Penny Stock Movers

Will Shares Rise on Milestone Development for AI-Powered Heart Technology?
Traders Rush To Buy Biotech Following Q1 Earnings Beat
Shares of this Innovative AI Solutions Firm Rip on Updated Pricing
Most Popular
FREE Newsletter


Back to Top