Longeveron Receives FDA's Fast Track Designation for Lomecel-B as Alzheimer's Treatment-June 2024-www.financetom.com

Longeveron Receives FDA's Fast Track Designation for Lomecel-B as Alzheimer's Treatment

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Longeveron Receives FDA's Fast Track Designation for Lomecel-B as Alzheimer's Treatment

Jul 17, 2024 6:31 AM

09:01 AM EDT, 07/17/2024 (MT Newswires) -- Longeveron ( LGVN ) said Wednesday it received fast track designation from the US Food and Drug Administration for its investigational cell therapy Lomecel-B as treatment for mild Alzheimer's. Shares of the company were up 18% in recent Wednesday premarket activity.

The designation is the fifth special regulatory designation given to Lomecel-B, alongside the regenerative medicine advanced therapy designation for the same indication, Longeveron ( LGVN ) said.

Price: 4.1700, Change: +0.65, Percent Change: +18.47

Previous page： GSK commits $30 billion to US research and development, factory expansion, as Trump visits UK Next page： STMicroelectronics to Launch New Microchip Packaging Technology at France Site

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

GSK commits $30 billion to US research and development, factory expansion, as Trump visits UK

Sep 17, 2025

(Reuters) - Drugmaker GSK said Wednesday it would invest $30 billion in U.S. research and development and supply chain infrastructure over five years, after U.S. President Donald Trump arrived in Britain for a second state visit to seal investment deals. The company said its new facilities in the U.S., which made up half its revenue last year, would bridge R&D...

STMicroelectronics to Launch New Microchip Packaging Technology at France Site

Sep 17, 2025

04:05 AM EDT, 09/17/2025 (MT Newswires) -- STMicroelectronics ( STM ) said Wednesday that its panel-level packaging technology is expected to begin operations at its site in Tours, France, in Q3 2026. The company said the automated chip-packaging and test process technology increases manufacturing efficiency and reduces costs, as well as enabling the creation of smaller, more powerful, and cost-effective...

Navitas Semiconductor Insider Sold Shares Worth $3,057,450, According to a Recent SEC Filing

Sep 17, 2025

03:45 AM EDT, 09/17/2025 (MT Newswires) -- Brian Long, Director, on September 15, 2025, sold 500,000 shares in Navitas Semiconductor ( NVTS ) for $3,057,450. Following the Form 4 filing with the SEC, Long has control over a total of 1,737,443 Class A common shares of the company, with 22,048 shares held directly and 1,715,395 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1821769/000120101025000025/xslF345X05/wk-form4_1758067892.xml...

Peloton Interactive Insider Sold Shares Worth $1,184,150, According to a Recent SEC Filing

Sep 17, 2025

03:42 AM EDT, 09/17/2025 (MT Newswires) -- Peter C Stern, Director, President and Chief Executive Officer, on September 15, 2025, sold 152,265 shares in Peloton Interactive ( PTON ) for $1,184,150. Following the Form 4 filing with the SEC, Stern has control over a total of 130,221 Class A common shares of the company, with 130,221 shares held directly. SEC...