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First Wave BioPharma Inc - FWBI STOCK NEWS

Welcome to our dedicated news page for First Wave BioPharma (Ticker: FWBI), a resource for investors and traders seeking the latest updates and insights on First Wave BioPharma.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect First Wave BioPharma's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of First Wave BioPharma's position in the market.

Rhea-AI Summary
First Wave BioPharma announces agreement with Sanofi to license and repurpose Capeserod for gastrointestinal indications. First Wave will receive an exclusive global license for Capeserod and will assume responsibility for all future clinical development. The agreement includes upfront payment, milestone payments, and royalties on net sales. Sanofi has conducted trials suggesting potential applications for Capeserod in multibillion-dollar markets. First Wave plans to initiate clinical trials in 2024.
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End-of-Day
16.78%
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First Wave BioPharma to present at H.C. Wainwright conference
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55.17%
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Rhea-AI Summary
First Wave BioPharma, Inc. has announced the pricing of a public offering of 3,285,000 shares of its common stock and warrants to purchase up to 6,570,000 shares at a combined public offering price of $0.64 per share. Each share is being sold with two warrants, each to purchase one share. The warrants have an exercise price of $0.64 per share and expire five years after issuance.
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Rhea-AI Sentiment
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1.3%
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First Wave BioPharma, Inc. announces topline results from Phase 2 SPAN clinical trial of adrulipase for exocrine pancreatic insufficiency in cystic fibrosis patients. The enhanced formulation showed improved safety and tolerability but likely did not meet the primary efficacy endpoint. Additional findings on primary and secondary endpoints to be reported in eight weeks. Plans to pursue an End-of-Phase 2 meeting with FDA for a registrational Phase 3 trial.
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-32.46%
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-1.9%
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Rhea-AI Summary
First Wave BioPharma announces the publication of two patent applications for its enhanced enteric microgranule delivery formulation of adrulipase. The patents cover composition of matter and methods of use claims for the treatment of malabsorption. The company emphasizes the importance of its multilayered IP for its drug technologies.
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End-of-Day
-6.51%
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8.57%
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Rhea-AI Summary
First Wave BioPharma achieves enrollment target in Phase 2 SPAN trial for adrulipase
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Rhea-AI Sentiment
End-of-Day
33.1%
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First Wave BioPharma Inc

Nasdaq:FWBI

FWBI Rankings

FWBI Stock Data

6.72M
1.91M
6.76%
4.07%
2.72%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
US
Brooklyn

About FWBI

azurrx biopharma aims to become a leader in developing non-systemic, recombinant protein therapies for the treatment of gastrointestinal diseases and related conditions. ms1819 recombinant lipase for exocrine pancreatic insufficiency is the lead development program with additional early stage research being conducted for the prevention of hospital-acquired infection. the company is headquartered in new york, ny, with scientific operations based in langlade, france.