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-0.00331125827814562 0.00423841059602646 -0.00172185430463572 0.0430463576158941 0.0244039735099338 -0.076158940397351 -0.0797019867549669 -0.0894039735099338
Stock impact report

Artelo's [MarketWatch]

Artelo Biosciences, Inc. (ARTL) 
US:NASDAQ Investor Relations: artelobio.com/investors
Company Research Source: MarketWatch
Artelo's Shares of Artelo Biosciences Inc. ARTL, +46.28% shot up 44% in very active trading Monday, after the biopharmaceutical company announced that the National Cancer Institute awarded a $4.2 million grant to advance its cancer-treatment program. Trading volume swelled to 8.3 million shares, compared with the full-day average of about 78,200 shares. Artelo, which is focused on developing therapeutics that modulate the endocannabinoid system, said the 5-year grant is intended to support research at Stony Brook University, in collaboration with Artelo and Cold Spring Harbor Laboratory, for the development of its fatty acid binding protein 5 (FABP5) inhibitor platform. "Modulating lipid signaling has the potential to be the next revolution in cancer therapeutics," said Artelo Chief Executive Gregory Gorgas. "We believe this grant is significant validation of our platform and supports the next steps in our collaborative efforts to develop FABP5 inhibitors as potential treatments fo Show less Read more
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