BUZZ-Artelo Biosciences jumps as it plans UK study of glaucoma drug

Reuters
Mar 18
BUZZ-<a href="https://laohu8.com/S/ARTL">Artelo Biosciences</a> jumps as it plans UK study of glaucoma drug

** Shares of biotech firm Artelo Biosciences ARTL.O rise 55% to $7.35 premarket

** Co says it will test experimental cannabinoid drug, ART27.13, in glaucoma, an eye disease that damages vision by raising pressure inside the eye

** Says study in the UK will see if the oral capsule can safely lower eye pressure in people with glaucoma or ocular hypertension, a condition with higher‑than‑normal eye pressure

** Trial funded by Glaucoma UK and HSC R&D; patient enrolment to start in Q2 2026, co says

** Drug is designed to work outside the brain to avoid “high” or mind‑altering effects, co says

** ART27.13 is also being tested for cancer‑related weight loss; co says glaucoma study could expand its use - ARTL

** Shares down ~81% in 2025

(Reporting by Sahil Pandey in Bengaluru)

((Sahil.Pandey@thomsonreuters.com))

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