** Shares of biotech firm Tiziana Life Sciences TLSA.O rise 3% to $1.36 premarket
** Co says its experimental nasal drug for multiple sclerosis showed early signs of reducing brain inflammation in a small study
** Multiple sclerosis is an autoimmune nerve disorder where the immune system attacks the protective coating around nerves, disrupting signals between the brain and body
** Co says all 10 patients in the early study had stable or improved disease with no serious side effects
** Study showed reduced brain inflammation on scans and spinal fluid changes linked to lower inflammation and improved nerve protection, per co
** Co is testing the drug in a larger mid-stage trial with results expected in 1H 2026 - TLSA
** Shares up ~114% in 2025
(Reporting by Sahil Pandey in Bengaluru)
((Sahil.Pandey@thomsonreuters.com))
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