First Wave BioPharma Engages Rho to Manage Phase 2 Clinical Trial

(24/7 MARKET NEWS) – First Wave BioPharma, Inc. (NASDAQ: FWBI) stated, this morning, that it entered into an agreement with Rho, a full-service contract research organization, for its planned Phase 2 clinical trial of an enhanced enteric microgranule delivery formulation for adrulipase.

First Wave BioPharma is trading at $1.1811, up $0.0511 (+4.52%), on over 7 million shares.

It’s traded as high as $1.58 in this morning’s premarket and its 52-week range is $1.06 to $92.70, with the next key inflection points at $1.58 and $2.70.

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