Incannex Complete Successful Pre-IND Meeting With The FDA For CannQuit-O For Treatment Of Opioid Use Disorder
Portfolio Pulse from Benzinga Newsdesk
Incannex Healthcare has successfully completed a pre-IND meeting with the FDA for CannQuit-O, a treatment for opioid use disorder, signaling a positive step forward in its development and regulatory approval process.
May 07, 2024 | 11:32 am
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Incannex Healthcare's successful pre-IND meeting with the FDA for CannQuit-O marks a significant milestone in the drug's development pathway, potentially accelerating its journey towards regulatory approval and commercialization.
The successful pre-IND meeting with the FDA is a critical step in the drug development process, indicating that the FDA has provided guidance on the proposed drug development plan for CannQuit-O. This is likely to positively impact investor sentiment and the company's stock price in the short term, as it demonstrates progress towards regulatory approval and commercialization.
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IMPORTANCE 90
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