FDA Grants SAB Biotherapeutics’ SAB-176 Expedited Review Status
(24/7 MARKET NEWS) – SAB Biotherapeutics (NASDAQ:SABS) is trading higher following a Benzinga report, this morning, that the FDA granted it Fast Track designation for its SAB-176 investigational therapeutic for Type A and Type B influenza illness in high-risk patients, including those who have anti-viral resistant strains.
SAB Biotherapeutics is trading at $0.6571 +0.273 (+71.08%), on 5.3 million premarket shares.
Its 52-week trading range is $0.3657 to $3.00. It’s trading well above its 2023 trading levels and if it can trade above the $1 level and this morning’s premarket high of $1.11, while maintaining its strong trading volume, it may try to make a run at its November high price.
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