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Pharmaust Limited ( (AU:NUZ) ) just unveiled an update.
Neurizon Therapeutics Limited has received positive feedback from the FDA regarding its strategy to lift the clinical hold on its lead program, NUZ-001, for ALS treatment. The company completed two preclinical pharmacokinetic studies ahead of schedule, which are crucial for the FDA’s approval process. Neurizon plans to submit a Complete Response to the FDA soon, aiming to lift the clinical hold by August 2025. This progress positions Neurizon to participate in the HEALEY ALS Platform Trial in Q4 2025, demonstrating its commitment to advancing NUZ-001 with urgency and precision.
The most recent analyst rating on (AU:NUZ) stock is a Buy with a A$0.42 price target. To see the full list of analyst forecasts on Pharmaust Limited stock, see the AU:NUZ Stock Forecast page.
More about Pharmaust Limited
Neurizon Therapeutics Limited is a clinical-stage biotechnology company focused on developing treatments for neurodegenerative diseases. The company is advancing its lead drug candidate, NUZ-001, aimed at treating amyotrophic lateral sclerosis (ALS), the most common form of motor neuron disease. Neurizon’s strategy involves accelerating access to effective ALS treatments and exploring broader applications for NUZ-001 in neurodegenerative conditions.
Average Trading Volume: 321,709
Technical Sentiment Signal: Hold
Current Market Cap: A$76.31M
For a thorough assessment of NUZ stock, go to TipRanks’ Stock Analysis page.