Cumberland Pharmaceuticals Announces FDA Clearance Cleared The Investigational New Drug Application For A Phase II Study In Patients With Idiopathic Pulmonary Fibrosis
Portfolio Pulse from Benzinga Newsdesk
Cumberland Pharmaceuticals has received FDA clearance for its Investigational New Drug (IND) application for a Phase II study in patients with idiopathic pulmonary fibrosis. This approval allows the company to proceed with clinical trials.

May 23, 2023 | 1:06 pm
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Cumberland Pharmaceuticals (CPIX) received FDA clearance for its IND application for a Phase II study in idiopathic pulmonary fibrosis patients, allowing the company to proceed with clinical trials.
The FDA clearance for Cumberland Pharmaceuticals' IND application is a significant milestone for the company, as it allows them to proceed with clinical trials for their Phase II study. This news is likely to have a positive impact on the company's stock price in the short term, as it demonstrates progress in their drug development pipeline and increases the potential for future revenue from the successful development and commercialization of the drug.
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