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MEDICENNA THERA (MDNAF) Stock News, Oct 15, 2020

MDNAF OTC

Medicenna Therapeutics reports developments as a clinical-stage immunotherapy company developing proprietary Superkines for cancer, autoimmune and inflammatory diseases. Recurring updates center on MDNA11, a long-acting IL-2 Superkine; MDNA113, a tumor-targeted and conditionally activated anti-PD-1 x IL-2 bifunctional Superkine; and bizaxofusp, formerly MDNA55, an IL-4 Empowered Superkine studied in glioblastoma.

Company news also includes clinical and preclinical data presentations at oncology and healthcare conferences, corporate and financial updates, collaborations around investigator-initiated trials, and governance changes such as board and medical leadership appointments.

Rhea-AI Summary

Medicenna Therapeutics (NASDAQ: MDNA) has received FDA approval for a hybrid registration trial design for its MDNA55 treatment targeting recurrent glioblastoma (rGBM). This innovative approach will use matched external controls for two-thirds of the control arm, reducing participant enrollment and trial costs while expediting regulatory approval. The design aims to generate robust overall survival data, potentially setting a new precedent for oncology trials. With previous promising results, the company looks to advance its partnership strategy for future development.

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FAQ

What is the current stock price of MEDICENNA THERA (MDNAF)?

MEDICENNA THERA (MDNAF) last closed at $0.3106.

What is the market cap of MEDICENNA THERA (MDNAF)?

The market cap of MEDICENNA THERA (MDNAF) is approximately $28.7M.