Why Is Plus Therapeutics Stock Moving Higher On Thursday?

  • Plus Therapeutics Inc PSTV has entered into an agreement with RadioMedix Inc to produce the company's radiopharmaceuticals commercially.
  • "This strategic partnership substantially supports our efforts to have fully compliant 186RNL available by mid-2022 for a potential Phase 2/3 clinical study in adults with recurrent glioblastoma (GBM)," said Marc Hedrick, President & CEO of Plus Therapeutics.
  • 186RNL is being developed to treat recurrent GBM, leptomeningeal metastases, and pediatric brain cancer. 
  • Related Content: Recently, Plus Therapeutics presented data from a Phase 1 ReSPECT trial evaluating Rhenium-186 NanoLiposome (186RNL) in recurrent glioblastoma (GBM). 
  • Price Action: PSTV shares are up 14.2% at $2.17 during the market session on the last check Thursday.
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