Bioxcel Therapeutics, Inc. rose 11.78% in premarket trading, following the announcement of a publication in the peer-reviewed journal Frontiers in Pharmacology. The study demonstrated a significant effect of dexmedetomidine in translatable behavioral models related to psychiatric disorders, suggesting potential applications of BXCL501 in chronic conditions. Leading academic institutions are evaluating BXCL-501 in clinical studies for multiple chronic conditions.
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