Biophytis and Skyepharma form Partnership for Sarconeos (BIO101) Production

(24/7 MARKET NEWS) – Biophytis SA (NASDAQ:BPTS) and Skyepharma, a French pharmaceutical company, stated, this morning, that they signed a partnership agreement for the production of regulatory batches of Sarconeos (BIO101) for severe forms of Covid-19, to submit for marketing authorization applications.

Biophytis is trading at $1.19, up $0.3009 (+35.21%), on 1.25M premarket shares traded.

Its 52-week range is $0.8801 to $9.024. The gap from $1.28 to $1.38 should refill and most of its resistance is low volume, so this may have legs today.

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