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Stock impact report

FibroBiologics Reports Full Year 2024 Financial Results and Provides Corporate Update

FibroBiologics, Inc. (FBLG) 
Company Research Source: GlobeNewswire
Proprietary master cell bank of fibroblast-based spheroids product candidate, CYWC628, completed in accordance with Good Manufacturing Practices after successfully passing all required safety testing Preparations for Phase 1/2 clinical trial in Australia utilizing CYWC628 to treat diabetic foot ulcers are proceeding with plans to initiate in the second quarter of 2025 Cash and cash equivalents of approximately $14.0 million at December 31, 2024 HOUSTON, March 31, 2025 (GLOBE NEWSWIRE) -- FibroBiologics, Inc. (Nasdaq: FBLG) (“FibroBiologics”), a clinical-stage biotechnology company with 240+ patents issued and pending for the development of therapeutics and potential cures for chronic diseases using fibroblasts and fibroblast-derived materials, today announced full year 2024 financial results and provided a corporate update. Recent Highlights Established a master services agreement with Charles River Laboratories to develop and manufacture FibroBiologics’ therapeutic master cell Show less Read more
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