Midatech Pharma PLC-ADR (NASDAQ: MTP) stock is flying in the market this morning, trading on gains that are better represented in multiples than percentages. While a search on Yahoo! Finance will yield no new news, a search on the SEC website will show that the company has entered into a partnership. Here’s what’s going on:
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MTP Rockets On Partnership
In the SEC filing, Midatech Pharma said that it has entered into a research collaboration with a European affiliate of a global pharmaceutical company. The partnership surrounds the use of the company’s Q-Sphera platform.
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