AdAlta (ASX:1AD) established a clinical advisory board to support an upcoming clinical trial of its idiopathic pulmonary fibrosis treatment candidate, AD-214, according to a Thursday filing with the Australian bourse.
The board consists of experts in fibrosis and pulmonary medicine who will help advance AD-214 to commercialization, the filing said.
Company shares rose past 5% at market close on Thursday.
Price (AUD): $0.02, Change: $+0.0010, Percent Change: +5.26%