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Monday, February 3, 2020

NCI grant boosts Artelo Bio

Thinly traded nano cap Artelo Biosciences (NASDAQ:ARTL) is up 60% premarket on robust volume in reaction to a $4.2M five-year NCI grant that will fund the advancement of its fatty acid binding protein 5 (FABP5) inhibitor program. Specifically, the grant will support research at Stony Brook University’s Institute of Chemical Biology and Drug Discovery, in collaboration with Cold Spring Harbor Laboratory and Artelo.
https://seekingalpha.com/news/3537263-nci-grant-boosts-artelo-bio-up-60-premarket

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