** Drug developer's shares HGEN.O up 5.1% at $23.9
premarket
** Co says it has submitted emergency use authorization
application to the U.S. FDA for its drug, lenzilumab, to treat
patients hospitalized with COVID-19 urn:newsml:reuters.com:*:nBwb8NqCsa
** In late-stage trial, lenzilumab improved chances of
survival without ventilation in newly hospitalized COVID-19
patients - HGEN
** Up to Thursday's close, stock had risen ~30% this year
(Reporting by Dania Nadeem in Bengaluru)
((Dania.Nadeem@thomsonreuters.com;))