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Benzinga
Benzinga
Technology
Ragothaman Srinivasan

Recap of Tuesday's Biotech Catalysts - End Of the Day Summary

Nasdaq FDA Food and Drug Administration Hutchmed BeiGene Reata Relmada Verona Breast Cancer Cancer
  • The U.S. Food and Drug Administration (FDA) has granted Fast Track designation to Relmada Therapeutics’ (NASDAQ:RLMD) lead asset REL-1017 as a monotherapy for the treatment major depressive disorder (MDD). Relmada shares traded in a range of $26.02 to $27.96 on a day volume of 173.79 thousand shares, closed regular trading session at $27.25. The company shares are currently trading down 5 percent at $25.89 in the after-hours session.
  • ClearPoint Neuro (NASDAQ:CLPT) announced the U.S. Food and Drug Administration (FDA) 510(k) clearance to its Maestro Brain Model, intended for automatic labeling, visualization, volumetric and shape quantification of segmentable brain structures from a set of MRI images. ClearPoint shares traded in a range of $13.94 to $15.09 on a day volume of 164.36 thousand shares, closed regular trading session at $14.52. The company shares are currently trading at $15.4, up 6.06 percent in the after-hours trading session.
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