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Longeveron jumps as FDA greenlights IND for stem cell trial

  • July 8, 2025
  • Roubens Andy King
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  • Longeveron (NASDAQ:LGVN) said on Tuesday that the U.S. Food and Drug Administration (FDA) has approved the Investigational New Drug (IND) application for its stem cell therapy laromestrocel as a potential treatment for pediatric dilated cardiomyopathy (DCM).
  • The accepted IND application provides for moving directly to a single Phase 2 pivotal registration clinical trial.
  • LGVN is +3.1% to $1.33
  • Source: Press Release
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