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Moleculin Biotech shares fall 5.11% intraday despite promising preclinical data for Annamycin.
ByAinvest
Wednesday, Aug 6, 2025 1:42 pm ET1min read
Moleculin Biotech, Inc. declined 5.11% in intraday trading, despite the company unveiling promising preclinical data for its lead drug candidate, Annamycin. The data highlights the potential of Annamycin for treating a broad range of human cancers, including high-need oncology indications. Annamycin is currently in late-stage clinical development in combination with cytarabine for the treatment of AML, with an anticipated preliminary data readout in the second half of 2025.
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