May. 10 at 12:51 AM
$OBIO Ligand and
$MDT just injected another
$35M into the Company to support ongoing cardiac-related studies (AVIM and Virtue SAB) for hypertension and atherosclerosis, respectively. Success on either/both of these studies should drive the SP materially higher, a multiple of current valuation. The stock continues to consolidate at/around
$4.0 in the interim, as these FDA breakthrough studies undergo their final, pivotal trials concurrently.
https://www.stocktitan.net/news/OBIO/orchestra-bio-med-receives-15-million-investment-from-ligand-under-elm5rjhajhg7.html