Seeking Alpha

FDA accepts test to be used in ARCA Biopharma trial

  • The FDA has accepted LabCorp's (LH) application for its diagnostic test to be used in the Phase 2B/3 "GENETIC-AF" trial of ARCA Biopharma's (ABIO) Gencaro drug for treating patients with atrial fibrillation.
  • Patient enrollment for the testing, in which ARCA is collaborating with Medtronic (MDT) also, is due to begin this quarter.
  • ARCA's shares soar 21%. (PR)
Comments (1)
  • pat45
    , contributor
    Comments (391) | Send Message
     
    Wow cannot believe abio sells for little more than cash..30mil..talk about an overlooked stock. Product looks good and is in p3.
    8 Jan 2014, 10:35 AM Reply Like
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