Relmada Therapeutics Initiates Phase 1 Dosing with REL-P11 for Metabolic Disease
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Relmada Therapeutics has started a Phase 1 study for REL-P11, a psilocybin formulation aimed at treating metabolic diseases. The study will assess safety and pharmacokinetics in different weight groups, with a Phase 2a study planned for 2025 if results are positive.
November 14, 2024 | 12:45 pm
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Relmada Therapeutics has initiated a Phase 1 study for REL-P11, a psilocybin formulation for metabolic diseases. This marks a significant step in their product development pipeline, potentially impacting their stock price positively if results are favorable.
The initiation of a Phase 1 study is a critical step in drug development. Positive results could lead to further studies and eventual commercialization, which would be beneficial for Relmada's stock. The news is highly relevant and important as it directly pertains to the company's product pipeline.
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