Panbela Announces Preliminary Safety Analysis For ASPIRE Trial; The DSMB Has Recommended That The Study Continue Without Modification
Portfolio Pulse from Happy Mohamed
Panbela Therapeutics, Inc. (NASDAQ:PBLA) announces that the independent Data Safety Monitoring Board (DSMB) of the Phase III ASPIRE clinical trial for patients with untreated metastatic pancreatic ductal adenocarcinoma has recommended that the study continue without modification. The ASPIRE Trial is a global randomized, double-blind placebo-controlled clinical trial to evaluate ivospemin in combination with gemcitabine and nab-Paclitaxel in patients with metastatic pancreatic ductal adenocarcinoma. The company's pipeline consists of assets currently in clinical trials with an initial focus on familial adenomatous polyposis (FAP), first-line metastatic pancreatic cancer, neoadjuvant pancreatic cancer, colorectal cancer prevention and ovarian cancer.
July 10, 2023 | 12:17 pm
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POSITIVE IMPACT
The DSMB's recommendation to continue the ASPIRE trial without modification is a positive development for Panbela. This could potentially boost investor confidence in the company's pipeline, which focuses on various cancer treatments.
The continuation of the ASPIRE trial without modification indicates that the trial is proceeding as expected, which is a positive sign for the company. This could potentially lead to increased investor confidence in the company's pipeline and its ability to bring new treatments to market, which could have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100