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First batch of foot-ulcer therapy made for planned human trial
FibroBiologics (FBLG) announced the successful manufacturing of the first batch of its proprietary CYWC628 drug product, intended for upcoming first-in-human clinical trials for diabetic foot ulcers. The product was manufactured under FDA CGMP standards and will be released after safety and quality testing, with a Phase 1/2 trial planned for the first half of 2026. Despite this positive operational news, the company’s stock experienced a significant decline, reflecting a negative market reaction.