iCo Therapeutics (ICO) Trading Up 20%

iCo Therapeutics Inc (CVE:ICO) was up 20% on Monday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 497,300 shares were traded during trading, an increase of 121% from the average daily volume of 225,309 shares. The stock had previously closed at C$0.05.

The firm has a market cap of $4.37 million and a price-to-earnings ratio of -3.00.

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About iCo Therapeutics (CVE:ICO)

iCo Therapeutics Inc, a biotechnology company, focuses on the identification, development, and commercialization of drug candidates to treat sight and life threatening diseases. Its in-licensed product candidates include iCo-008, a human monoclonal antibody, which is in Phase II clinical trial to treat sight threatening ocular allergies and various systemic disease indications; and Oral AmpB Delivery System that is in pre-clinical stage used for the treatment of systemic fungal infections.

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