Aldeyra Therapeutics' Chronic Cough Potential Shows Significant Reduction In Cough Frequency Versus Placebo
Portfolio Pulse from Vandana Singh
Aldeyra Therapeutics announced positive top-line results from the Phase 2 clinical trial of ADX-629, an investigational drug for chronic cough. The trial achieved statistical significance for key secondary endpoints, and ADX-629 was well-tolerated with no safety concerns. Aldeyra plans to discuss the results with regulatory authorities and consider expanding clinical testing.
June 27, 2023 | 2:05 pm
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Aldeyra Therapeutics' ADX-629 showed positive results in a Phase 2 trial for chronic cough, achieving statistical significance for key secondary endpoints. The company plans to discuss the results with regulatory authorities and consider expanding clinical testing.
The positive results from the Phase 2 trial of ADX-629 indicate that the drug has potential in treating chronic cough. This could lead to further clinical testing and eventual regulatory approval, which would be beneficial for Aldeyra Therapeutics' stock price. The stock is already up 2.66% on the news, and the positive trial results increase the likelihood of future success for the drug.
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