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Stock impact report

Redwire Announces Spaceflight Mission with Bristol Myers Squibb to Study Small Molecule Drug Compounds, Launching Additional Biopharma Investigations to Study Bone Disease Treatments in Sp...

Redwire Corporation (RDW) 
Company Research Source: Business Wire
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, announced today that it is launching an investigation to the International Space Station (ISS) in partnership with global leading biopharmaceutical company Bristol Myers Squibb (BMS) to study model small molecule compounds using Redwire’s pharmaceutical drug development platform (PIL-BOX). The research being conducted with BMS has the potential to enhance drug stability, streamline manufacturing processes, and improve efficiencies across various therapeutic areas, including oncology, immunology, and cardiovascular disease.Additionally, Redwire will be launching a PIL-BOX investigation in partnership with pharmaceutical startup company ExesaLibero Pharma to study the novel drug ELP-004, which prevents excess bone removal associated with numerous diseases, including rheumatoid arthritis, multiple myeloma, and breast and prostate cancers. These Show less Read more
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