Veru Shares Up 35% Pre-market on Overwhelming COVID-19 Oral Drug Efficacy -Breaking
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© Reuters. Veru (VERU), shares up 35% pre-market due to overwhelming COVID-19 oral drug efficacyVeru Inc. (NASDAQ) shares gained more than 30% in pre-market trading following the acquisition of Veru Inc. announcedIn Phase 3, the COVID-19 drug candidate was able to reduce deaths in COVID hospital patients by 55%. Independent Data Safety Monitoring Committee unanimously recommended stopping the Phase 3 trial due to “overwhelming success”. It also pointed out that no safety problems were found.
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