Home Financial Markets CNS Pharmaceuticals Inc. (CNSP) stock soars during pre-market. What’s driving it high?

CNS Pharmaceuticals Inc. (CNSP) stock soars during pre-market. What’s driving it high?

CNS Pharmaceuticals Inc. (NASDAQ: CNSP) stock gained by 2.78% at last close while the CNSP stock price surged by 7.57% in the pre-market trading. CNS Pharmaceuticals is a clinical-stage pharmaceutical business working on anti-cancer medication candidates for the cure of brain and central nervous system tumors, both primary and metastatic. Berubicin, CNSP’s primary medication candidate, is a new anthracycline that seems to penetrate the blood-brain barrier for the first time.

>> 7 Top Picks for the Post-Pandemic Economy << 

What is happening?

WPD Pharmaceuticals is delighted to announce that CNS Pharmaceuticals which is the company that licenses the drug candidate Berubicin to WPD for 29 countries, primarily in Europe, has been given Fast Track Designation by the US Food and Drug Administration (FDA) for the care of patients with reoccurring glioblastoma multiforme (GBM). CNS also acquired Orphan Drug Designation from the FDA for Berubicin, which is used for the treatment of patients with recurrent GBM, as reported earlier.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Read More

Fast Track Designation allows for more regular interactions with the FDA in order to speed up the development and evaluation process for medicines that are supposed to cure serious or life-threatening diseases and have the potential to meet an unmet medical need. Berubicin’s Fast Track Designation from the US Food and Drug Administration is a significant step forward in the development of the drug for the treatment of glioblastoma, the most aggressive, fatal, and treatment-resistant kind of brain cancer. Many patients have few alternatives, and thousands of people die each year as a result of their cancer.CNS now has a faster road to approval for Berubicin, and a clear chance to bring this potentially transformative experimental treatment to market sooner.

>> 7 Top Picks for the Post-Pandemic Economy << 

Furthermore,

The initiation of patient recruitment in CNS’s Berubicin trial for the treatment of recurrent glioblastoma multiforme was recently reported. WPD stands to gain a lot from the progress of Berubicin as a GBM therapy because it has the right to manufacture and market the medication candidate in 29 countries.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Palatin Technologies Inc. (PTN) stock rises during pre-market trading. What has been happening lately?

Palatin Technologies Inc. (NASDAQ: PTN) stock declined by 1.16% the last close whereas the PTN stock price gains by 3.91% in the pre-market trading...

Smith Micro Develops Inc. (SMSI) stock soars during current market trading. Here’s to know why?

Smith Micro Develops Inc. (NASDAQ: SMSI) stock surged by 2.39% during the current market trading session. Smith Micro creates software that simplifies and improves...

Drive Shack Inc. (DS) stock soars during after-hour trading, followed by no recent update

Drive Shack Inc. (NASDAQ: DS) stock declined by 3.94% at last close while the DS stock-price surged by 7.38% in the after-hour session. Drive...

SPX Flow Inc. (FLOW) stock surged during current market. Here’s why the stock is sky-rocketing?

SPX Flow Inc. (NASDAQ: FLOW) stock gained by 24.24% in the current market trading session. SPX FLOW, based in Charlotte, works to make the...

Platinum Group Metal Ltd. (PLG) stock surges during after-market trading. Here’s to know what’s happening?

Platinum Group Metal Ltd. (NASDAQ: PLG) stock declined by 8.54% at last close whereas the PLG stock price gains by 7% in the after-market...

TD Holdings Inc. (GLG) stock gains during current market trading. Here’s the recent update

TD Holdings Inc. (NASDAQ: GLG) stock gains by 5.01% in the current market trading session. TD Holdings, Inc. is a service provider in China...

Palatin Technologies Inc. (PTN) stock rises during pre-market trading. What has been happening lately?

Palatin Technologies Inc. (NASDAQ: PTN) stock declined by 1.16% the last close whereas the PTN stock price gains by 3.91% in the pre-market trading...

NeuroMetrix Inc. (NURO) stock plunged during pre-market. Let’s find out why?

NeuroMetrix Inc. (NASDAQ: NURO) stock gained by 18.89% at last close while the NURO stock price losses by -4.12% in the pre-market trading session....

Related News

Nova Lifestyle Inc. (NVFY) stock fell during current market trading. Here’s what you should know?

Nova Lifestyle Inc. (NASDAQ: NVFY) stock fell by 30.37% during the current market trading session. Nova Living, Inc. is a well-known, forward-thinking designer and...

Why did Jupiter Wellness Inc. (JUPW) stock plunge in the after-hours?

Jupiter Wellness Inc. (JUPW) shares declined 9.76% in after-hours on Monday, July 19, 2021, and closed at $3.70. Earlier in the morning session on...

Mitcham Industries Inc. (MIND) stock plunged during current market. What’s driving it low?

Mitcham Industries Inc. (NASDAQ: MIND) stock declines by 0.52% in the current market trading session. MIND Technology serves the oceanographic, hydrographic, defense, seismic, and...

Property Solutions Acquisitions Corp. (PSAC) stock soars during pre-market trading. Let’s see why?

Property Solutions Acquisitions Corp. (NASDAQ: PSAC) stock gained by 6.94% at last close while the PSAC stock price surged by 7.84% in the pre-market...

Why did RADA Electronic Industries Ltd. (RADA) stock plunge in the after-hours on Friday?

RADA Electronic Industries Ltd. (RADA) shares lost 7.56% in after-hours on Friday, July 16, 2021, and closed at $11.50 per share. Earlier in the...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam