This %Biotech company seems to hog the spotlight as of late. We covered a release earlier this week pertaining to a stock buyback program the company is initiating. Now the Austin-based micro cap is at it again after the company announced that it was awarded $17.6 million in grants form the state of Texas. This sent shares of %PlusTherapeutics ($PSTV) soaring during Thursday’s premarket.
Plus Therapeutics Inc is a clinical-stage pharmaceutical company. The company focused on the discovery, development, and delivery of complex and innovative treatments for patients battling %Cancer and rare diseases. Its product pipeline includes Patented %RNL and Patented %DocePLUS.
As mentioned, traders are bullish on the news as shares are currently bid up at $1.09/share (+96.42% implied open for sellers) right before the opening bell. This should be an exciting session!
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