Lipella Pharmaceuticals Higher on Successful Phase 2A Clinical Trial Top Line Results

(24/7 MARKET NEWS) – Lipella Pharmaceuticals Inc. (Nasdaq: “LIPO”) announced, this morning, top line results from the Company’s recently completed Phase 2a clinical trial evaluating the safety and efficacy of its drug candidate LP-10 for Hemorrhagic Cystitis, a rare but highly morbid disease for which there are currently no FDA approved treatments.

Lipella is at $4.40, up $1.29 (+41.48%), on 140 thousand shares.

It went public less than a month ago and has mostly traded lower, so trading above its key $4 level may be a strong signal.

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