Basel Medical Group Ltd shares fall 1.49% premarket after BioVersys AG receives EMA Orphan Designation for tuberculosis treatment.
ByAinvest
Wednesday, Aug 27, 2025 8:25 am ET1min read
BMGL--
Basel Medical Group Ltd. declined 1.49% in premarket trading. BioVersys AG, a company listed on the SIX Swiss Exchange, received EMA Orphan Designation for the combination of alpibectir and ethionamide for the treatment of tuberculosis. This designation provides key incentives, including reduced fees, research and clinical protocol support, and 10-year EU market exclusivity.
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