Quantum BioPharma announces that oral dosing of Lucid-21-302, Lucid-MS, is complete in both the 180-day toxicity and toxicokinetic studies. These studies will support the Investigational New Drug, IND, application with the US FDA, including the design of a Phase 2 trial of Lucid-MS in people with multiple sclerosis, MS. Anthony Durkacz, Founder and executive co-chairman of Quantum BioPharma added, “By completing these 180-day toxicity studies, we are now two important steps closer to initiating the Phase 2 trial of Lucid-MS in people with multiple sclerosis. We are very excited about the potential of this new, first-in-class treatment to prevent disease progression and inhibit demyelination in MS.”
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on QNTM:
- Quantum BioPharma Launches US$17.2 Million ATM Equity Program on Nasdaq
- Quantum BioPharma Moves to Lead Class Action Alleging Bank Manipulation of Its Shares
- Quantum shareholder files class action lawsuit against the company
- Quantum BioPharma Moves to Lead Class Action Over Alleged Stock Manipulation by Canadian Banks
- Quantum BioPharma Closes Private Placement, Enhances Governance
