NEW YORK, NY / ACCESSWIRE / September 27, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Actinium Pharmaceuticals, Inc. ("Actinium" or the "Company") (NYSE:ATNM). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Actinium and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On August 5, 2024, Actinium issued a press release "announc[ing] a regulatory update on the Company's planned Biologics License Application (‘BLA') filing for Iomab-B in patients with active relapsed or refractory acute myeloid leukemia (‘r/r AML')." The press release stated, in relevant part, that the U.S. Food And Drug Administration had "determined that the Phase 3 SIERRA trial is not adequate to support a BLA filing for Iomab-B despite its statistically significant primary endpoint[.]"
On this news, Actinium's stock price fell $3.69 per share, or 59.81%, to close at $2.48 per share on August 5, 2024.
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SOURCE: Pomerantz LLP