Two weeks after going public, Jacksonville biopharmaceutical company Cadrenal Therapeutics Inc. celebrated its new listing by ringing the closing bell at the Nasdaq stock exchange.
Cadrenal is focused on developing tecarfarin, a drug that will be aims to prevent blood clots in people who have end-stage renal disease and atrial fibrillation, or irregular heart beats. The FDA considers tecarfarin an orphan drug, which means the company qualifies for certain tax credits and other incentives to help bring it to market. It has also received fast track designation, which speeds up the process of getting a drug approved.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Expansion Jacksonville soccer team selects former JU coach for leadership position - Jacksonville Business JournalMauricio Ruiz joined the organization in a business development role where he will also 'advise and support' operations.
Source: JaxBizJournal - 🏆 599. / 51 Read more »
Jacksonville Airport construction - Jacksonville Business JournalJacksonville International has many changes in store to make travel more efficient for every passenger. See where all of the major projects stand today.
Source: JaxBizJournal - 🏆 599. / 51 Read more »
Expansion Jacksonville soccer team selects former JU coach for leadership position - Jacksonville Business JournalMauricio Ruiz joined the organization in a business development role where he will also 'advise and support' operations.
Source: JaxBizJournal - 🏆 599. / 51 Read more »
Concessions offered to lure office tenants are eating away at landlords' income - Jacksonville Business JournalA growing spread between starting and effective rents illustrates how office landlords — even among coveted Class A buildings — are seeing their rental income eroded as the office market remains squarely in favor of tenants.
Source: JaxBizJournal - 🏆 599. / 51 Read more »