Armata Pharmaceuticals Stock Slides after Pentagon Funding Fuels Phase 3 Push for Anti-Bacterial Program
Armata Pharmaceuticals technical headwinds overshadow a $3.7 million Department of Defense grant funding its Phase 3 bacteriophage program.
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Why It Matters
Armata got $3.7 million from the Pentagon for its bacteria-fighting medicine work. The stock fell anyway, which means people worry about other things the company faces.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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