XBiotech: Up on plans to develop drug for combined COVID-19, flu infections
** Shares of drug developer XBIT.O rise 3.9% to $21.99
premarket, among handful of components in Nasdaq biotech index
.NBI trading higher before the bell
** Co says it will develop antibody therapy to treat illness
caused by combined infections with influenza and new coronavirus
urn:newsml:reuters.com:*:nGNEbPJGml
** XBIT is separately developing antibody therapy for
COVID-19 urn:newsml:reuters.com:*:nXXN2CJ004
** Stock up 13.4% YTD
(Reporting by Manas Mishra in Bengaluru)
((Manas.Mishra@thomsonreuters.com;
www.twitter.com/Manasmishra24))
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