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Alzamend Shares Rise After FDA Gives Positive Response to Pre-IND Filing for Immune-Boosting Alzheimers Vaccine

Shares of Alzamend Neuro Inc. traded 36% higher after the company reported that the U.S. FDA responded favorably to its Pre-IND application for AL002, a cell-based therapeutic vaccine designed to restore patients immunological systems, providing them with the ability to combat Alzheimer s Disease. The FDA has granted the firm approval to initiate a combined Phase 1/2 clinical trial in Q1/22.

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