Business
Why the Paradigm (ASX:PAR) share price is jumping higher
Paradigm Biopharmaceuticals Ltd (ASX: PAR) shares are jumping higher today after the company provided an update prior to market open this morning. At the time of writing, the Paradigm share price is trading 1.2% higher at $2.50.
What’s driving the Paradigm share price?
The Aussie pharmaceuticals group today released a presentation via the ASX summarising its inaugural research and development (R&D) day. Investors were provided with an update on the company’s Osteoarthritis (OA) Clinical Program alongside R&D pipeline and revenue timeline progress updates.
Following the release, the Paradigm share price has been on the rise, despite the S&P/ASX 200 Index (ASX: XJO) falling 0.3% lower in today’s trade.
Paradigm announced it…
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