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INNT - Innovate Bio up 12% premarket on positive data on lead candidate
Innovate Biopharmaceuticals Inc.
Micro cap Innovate Biopharmaceuticals (NASDAQ:INNT) is up 12% premarket on modest volume on the heels of its announcement of encouraging preclinical data on lead candidate larazotide acetate in a mouse NASH model. The data showed a positive effect on reducing gut barrier permeability, a known abnormality in chronic liver diseases and in NASH in particular.
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