EXCLUSIVE: Adial Pharmaceuticals Advances Regulatory Strategy For Companion Diagnostic Genetic Test For Its Lead Program For Alcohol Use Disorder
Portfolio Pulse from Vandana Singh
Adial Pharmaceuticals (NASDAQ:ADIL) announced a collaboration with Boudicca Dx to advance the regulatory strategy for its companion diagnostic genetic test for AD04, a treatment for Alcohol Use Disorder. This collaboration aims to ensure the test meets FDA guidelines and supports the upcoming Phase 3 study.
August 13, 2024 | 12:30 pm
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Adial Pharmaceuticals has partnered with Boudicca Dx to advance the regulatory strategy for its companion diagnostic genetic test for AD04, a treatment for Alcohol Use Disorder. This collaboration is expected to support the upcoming Phase 3 study and ensure the test meets FDA guidelines.
The partnership with Boudicca Dx is a significant step for Adial Pharmaceuticals as it prepares for the Phase 3 study of AD04. Ensuring the companion diagnostic test meets FDA guidelines is crucial for the success of the study and potential approval of AD04. This news is likely to positively impact ADIL stock in the short term.
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