Panbela Therapeutics experiences a surge in its stock value after positive

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Published date: March 12, 2025
  • Location: New York City, New York City, New York, United States
Panbela Therapeutics Inc. witnessed a dramatic surge in its stock price following upbeat news from the U.S. Food and Drug Administration regarding a potential treatment for childhood cancer. The FDA granted approval for US WorldMeds’ new drug application employing eflornithine as a therapy for high-risk neuroblastoma patients—a rare form of cancer originating from immature nerve cells, contributing to nearly 15% of pediatric cancer fatalities.

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