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Benzinga
Benzinga
Business
Henry Khederian

Tharimmune (THAR) Stock Is Surging Monday: What's Going On?

Genetic,Research,And,Biotech,Science,Concept.,Human,Biology,And,Pharmaceutical

Shares of Tharimmune Inc (NASDAQ:THAR) are surging in Monday afternoon trading, continuing a rally that began last week. The stock’s rise comes in the absence of any company-specific news for the session, but follows last week’s announcement of promising simulation results for its lead clinical asset, TH104.

What To Know: TH104, a novel buccal film formulation of nalmefene, is being developed as a prophylactic countermeasure for military personnel and first responders who may be exposed to high-potency opioids like fentanyl.

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