Augmenta - TFF Pharma's COVID-19 Antibody Shows Preclinical Activity Against Delta Variant

Augmenta Bioworks and TFF Pharmaceuticals Inc (NASDAQ:TFFP) have announced positive in vitro data indicating that their lead anti-COVID-19 monoclonal antibody, AUG-3387, binds to and neutralizes the SARS-CoV-2 Delta variant (B.1.617.2).
The companies have selected a final formulation of AUG-3387 that will be used to complete in vivo preclinical efficacy studies in the coming weeks and will proceed with toxicology studies by the end of 2021.
Ongoing formulation development studies are expected to demonstrate that a sufficient dose of AUG-3387 to achieve a neutralizing concentration in the lungs can be delivered via already approved commercial dry powder inhaler devices.
Price Action: TFFP shares are up 1.50% at $8.78 during the market session on the last check Thursday.

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