06:05 AM EDT, 08/21/2024 (MT Newswires) -- Anew Medical ( WENA ) said Wednesday it signed an exclusive worldwide license agreement with Transfertech Sherbrooke for Nanoject.

Financial terms were not disclosed.

Nanoject is a needle-free, freeze-dried nanopowder autoinjector for medicines and vaccines.

Shares of the company jumped over 48% in recent premarket activity Wednesday.

Price: 1.53, Change: +0.50, Percent Change: +48.54