Madrigal pharmaceuticals reports inducement grants under nasdaq listing rule 5635(c)(4)

Conshohocken, pa., jan. 22, 2024 (globe newswire) -- madrigal pharmaceuticals, inc. (nasdaq:mdgl), a clinical-stage biopharmaceutical company pursuing novel therapeutics for nonalcoholic steatohepatitis (nash), today announced that the company granted equity awards to 109 new employees, in each case with a grant date of january 16, 2024, as equity inducement awards under the terms of the company's 2023 inducement plan. the equity awards were approved in accordance with nasdaq listing rule 5635(c)(4).
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