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Benzinga
Benzinga
Business
Henry Khederian

Why Quantum BioPharma (QNTM) Stock Is Soaring Today

Quantum
Pharmacy,,Pills,And,Box,With,Healthcare,Store,,Shelf,And,Prescription

Shares of Quantum BioPharma Ltd (NASDAQ:QNTM) are on watch Monday morning following a series of updates regarding its lead drug candidate for multiple sclerosis, Lucid-MS. Here’s what investors need to know.

What To Know: The primary catalyst is Monday’s announcement of an agreement with a leading contract development and manufacturing organization to produce an oral formulation of Lucid-MS for its upcoming Phase 2 clinical trial. This move marks a critical step toward testing the drug’s efficacy in humans.

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