Mystery Shopper Arana Stops Trading On ASX Until “Take Over” Announced
PERTH, Australia - Aussie biotech Arana announced Feb. 26 that it has engaged in take-over discussions and halted trading on the Australian Stock Exchange in anticipation of the take over
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CEO Paul Stoffels said gaining US clearance for an IND for its novel CAR-T product was demanding, but now opens up a pathway towards a pivotal study starting in 2025.
A final rejection of Leqembi could also spell the same fate for Lilly’s rival drug but public outcry and demand for Alzheimer’s therapies might force the regulator’s hand
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