Avadel Pharmaceuticals Announces First Patient Dosed In Phase 3 REVITALYZ Trial Of LUMRYZ Extended-Release Oral Suspension For The Treatment Of Idiopathic Hypersomnia
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Avadel Pharmaceuticals (NASDAQ: AVDL) has announced the dosing of the first patient in its Phase 3 REVITALYZ trial for LUMRYZ, an extended-release oral suspension aimed at treating idiopathic hypersomnia.
July 31, 2024 | 9:00 pm
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Avadel Pharmaceuticals has dosed the first patient in its Phase 3 REVITALYZ trial for LUMRYZ, targeting idiopathic hypersomnia. This milestone could positively impact the stock price as it progresses through clinical trials.
The initiation of a Phase 3 trial is a significant milestone for any biopharmaceutical company. Successful progression through clinical trials can lead to regulatory approval and commercialization, which are positive catalysts for the stock price.
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