AI Legalese Decoder Simplifies Positive Phase I Extension Study Results for AD-214 by AdAlta
- March 8, 2024
- Posted by: legaleseblogger
- Category: Related News
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AdAlta Ltd Shares Positive Results from Phase I Extension Study of AD-214 for IPF Treatment
Melbourne, Victoria –News Direct– AdAlta Ltd
AdAlta Ltd (ASX:1AD) managing director Tim Oldham recently discussed the promising outcomes from a Phase I extension study of their lead asset, AD-214, targeting Idiopathic Pulmonary Fibrosis (IPF) with ProactiveÔÇÖs Jonathan Jackson. This pivotal study evaluated the Phase II dose of AD-214 in healthy volunteers, marking a significant advancement in the drug’s development pathway.
The study’s favorable results have generated interest from potential partners, as AD-214 demonstrated a strong safety profile and consistent pharmacokinetics (PK) and pharmacodynamics (PD) across all doses and participants. This uniformity instills confidence in the selected dose for upcoming Phase II trials. Moreover, there were no observed adverse effects that could compromise efficacy, even with prolonged use, underscoring AD-214’s potential as a viable IPF treatment option.
With these compelling findings, AdAlta is actively engaging with a pipeline of potential partners to explore licensing or asset financing opportunities. By securing such agreements, the company aims to receive the necessary support for the initiation of Phase II clinical trials, further advancing the development of AD-214.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
View source version on newsdirect.com: adalta-delivers-positive-phase-i-extension-study-results-for-ad-214
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