Acasti Reaches 50% Enrollment In Pivotal Phase 3 STRIVE-ON Safety Trial
Portfolio Pulse from Benzinga Newsdesk
Acasti Pharma has reached 50% enrollment in its pivotal Phase 3 STRIVE-ON safety trial. This milestone is significant for the company's development of its lead drug candidate, GTX-104, aimed at treating subarachnoid hemorrhage. The trial's progress is a positive indicator for the company's future prospects.
June 27, 2024 | 8:06 pm
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Acasti Pharma has achieved 50% enrollment in its Phase 3 STRIVE-ON safety trial for GTX-104, a drug aimed at treating subarachnoid hemorrhage. This milestone is a positive development for the company, indicating progress in its drug development pipeline.
Reaching 50% enrollment in a pivotal Phase 3 trial is a significant milestone for any biotech company. It indicates that the trial is progressing well and that the company is on track with its development timeline. This news is likely to boost investor confidence and positively impact the stock price in the short term.
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