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24/7 Market News- Olema Pharmaceuticals (NASDAQ: OLMA) is Higher on FDA Fast Track Designation News

(24/7 MARKET NEWS)– Olema Pharmaceuticals (NASDAQ: OLMA) is trading higher, in this morning’s premarket, at $5.10, up $0.39 (+8.28%), on one million shares traded.

Olema announced this morning that the FDA granted Fast Track designation to its OP-1250, for the treatment of ER-positive (ER+), human epidermal growth factor receptor 2-negative (HER2-) metastatic breast cancer that has progressed following one or more lines of endocrine therapy with at least one line given in combination with a cyclin-dependent kinase (CDK) 4/6 inhibitor.

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