
Shares of US clinical-stage biotech Coya Therapeutics (Nasdaq: COYA) leapt almost 10% to $8.82 in morning trading, after releasing a letter to stockholders from its chief executive and chairman, Dr Howard Berman.
Dr Berman noted that Just over two months ago Coya announced a partnership with Dr Reddy’s Laboratories for COYA 302 in amyotrophic lateral sclerosis (ALS), the lead indication for its all-important candidate.
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