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flag Poolbeg Pharma gained 3% on a £10M cash balance, £4.9M funding, and FDA orphan drug status for its lead drug, advancing its 2026 trial.

flag Poolbeg Pharma PLC shares rose 3% as the company reported a £10 million cash balance and secured £4.9 million in oversubscribed funding, extending its runway into 2027. flag Its lead candidate, POLB 001, received U.S. FDA Orphan Drug Designation for preventing cytokine release syndrome in cancer immunotherapy, advancing its clinical development. flag The company is preparing for a Phase 2a trial, with interim data expected in summer 2026.

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