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Monday, April 6, 2020

RedHill Bio doses first COVID-19 patient with Opaganib in Israel

RedHill Biopharma (NASDAQ:RDHL) has dosed the first patient with COVID-19 infection with its IND, opaganib (Yeliva, ABC294640), in Israel.
The treatment is administered under a compassionate use program in accordance with the Israeli Ministry of Health guidelines, with additional patients expected to be treated in coming days.
RedHill is also preparing for potential ramp-up of manufacturing of opaganib.
Shares are up 9% premarket.
https://seekingalpha.com/news/3558482-redhill-bio-doses-first-covidminus-19-patient-opaganib-in-israel-shares-up-9-premarket

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