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BioWorld - Tuesday, May 24, 2022
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Home » Biolinerx mobilizes shares on phase III motixafortide data
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Biolinerx mobilizes shares on phase III motixafortide data

May 4, 2021
By Michael Fitzhugh
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Shares of Biolinerx Ltd. (NASDAQ:BLRX) shot up 53% to $4.88 May 4 on news that adding its lead candidate, motixafortide, to standard of care G-CSF for hematopoietic stem cell mobilization helped achieve significantly better mobilization than G-CSF alone in a phase III trial. The company said it's working "aggressively" to gain regulatory approval to market the drug for use in autologous bone marrow transplants for multiple myeloma (MM) patients, with plans to make an NDA submission in the first half of 2022.
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