Tekmira Ebola Drug Hold Lifted By FDA, Stock Soars

By | August 8, 2014

Scalper1 News

Biotech firm Tekmira Pharmaceuticals vaulted more than 39% in huge volume during afternoon trading on the stock market today after the FDA partially lifted a hold on its drug candidate for treating Ebola. Tekmira’s (TKMR) drug, TKM-Ebola, is in a phase-one clinical trial under a $140 million contract with the Department of Defense. The FDA first put a hold on the trial on July 3, as it wanted more assurance of its safety for the healthy Scalper1 News

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