Argenica Therapeutics Limited (ASX: AGN) announced the completion of crucial safety studies essential for inclusion in Argenica's IND application. An Investigational New Drug application is a pivotal step in obtaining authorization from the FDA to administer an experimental drug to humans in clinical trials, and this achievement brings it one step closer to making a significant impact.
The positive results from several key safety studies required by the US Food and Drug Administration for its IND Application, slated for submission by the end of 2024, are a testament to the efficacy and safety of its groundbreaking ARG-007. These results, notably the in vivo micronucleus study in rats confirming that its product does not impact genetic material, and the achievement of a high maximum tolerated dose of 17.5 mg/kg, well above the therapeutic dose used in the current Phase 2 acute ischaemic stroke clinical trial, instil confidence in its product and its potential.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
