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4D Pharma Share Price Surged 10.2% Today, Here’s Why

Shares of 4D Pharma Plc (LON: DDDD) today surged 10.2% higher as the company hosted an R&D webinar on the science behind its Live Biotherapeutic drug discovery engine, MicroRx®.

The webinar was presented by the firm’s Research Director, Dr Imke Mulder and covered topics on MicroRx® including why the company’s focus on the mechanism of single-strain LBPs drives a rational drug discovery approach and guides effective development.

Neurodegenerative diseases and 4D pharma candidates – MRx0029 and MRx0005 as well as MRx0518, oncology and the MicroRx platform were also discussed at length during the webinar.

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The webinar also delved into how the MicroRx platform investigates functionality and its proprietary culture collection methods.

This was a detailed webinar that demonstrated the significant potential behind the MicroRx® triggering the surge in 4D Pharma’s stock price.

Investors were impressed by the significant progress made by 4D Pharma in developing its research candidates and the role of the MicroRx® during the entire process.

4D Pharma share price

Tradingview chart of 4D Pharma share price 01092020Source: Tradingview

4D Pharma shares today rallied 10.2% higher to trade at 108p having risen from Friday’s closing price of 98p.

Simon Mugo
Author