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Neoleukin Therapeutics Announces First Quarter 2021 Financial Results and Corporate Update
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Neoleukin Therapeutics Announces Appointment of Priti Patel, M D , M S , as Chief Medical Officer
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Neoleukin Therapeutics, Inc (NLTX) Q4 2020 Earnings Call Transcript
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Author Bio
A Fool since 2019, Prosper s writing focuses primarily on the healthcare sector. Passionate about teaching and learning, he enjoys helping others make better decisions about their finances and enjoys it just as much when they return the favor. In his free time, you ll find him curling up with a good book or doing math.
What happened?
Neoleukin Therapeutics (NASDAQ:NLTX), a clinical-stage biopharmaceutical company, is not ending the week on a positive note. Shares of the drugmaker are dropping sharply on Friday and are down by 10.9% as of 12:33 p.m. EST, after plunging by as much as 21.7% earlier today. The catalyst for these losses is the company s announcement that it has received a Clinical Hold Letter from the U.S. Food and Drug Administration (FDA) for its Investigational New Drug (IND) application for one of its pipeline candidates, NL-201.