Discovery Laboratories, Inc. (NASDAQ: DSCO) is on The StockGuru Leader Board today. The stock is up as much as 16% on Wednesday.
Volume traded – so far – as this release was issued intraday: 22,692,352
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About the Company:
Discovery Laboratories, Inc., a biotechnology company, engages in developing surfactant and aerosol drug delivery technologies for the treatment of respiratory disorders and other diseases based on KL4 surfactant and capillary aerosol-generating technologies. The companys product pipeline includes Surfaxin, a synthetic, peptide-containing surfactant that completed Phase-III clinical trial for the prevention of respiratory distress syndrome (RDS) in premature infants; Surfaxin LS, a Phase-III clinical trial product that enhances ease of use for healthcare practitioners; and Aerosurf, an aerosolized KL4 surfactant that has completed first pilot Phase-II clinical trial for the treatment of RDS in premature infants. It has a license agreement with Philip Morris USA Inc. to use its capillary aerosolization technology for use with pulmonary surfactants for the respiratory diseases and conditions; and a strategic alliance agreement with Laboratorios del Dr. Esteve, S.A. for the development, marketing, and sale of a portfolio of potential KL4 surfactant products in Andorra, Greece, Italy, Portugal, and Spain. The company was founded in 1992 and is headquartered in Warrington, Pennsylvania.
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