DeFloria Receives Investigational New Drug Application Clearance from FDA for Phase 2 Clinical Trial of AJA001, an Oral Cannabinoid Drug Being Developed for the Treatment of Autism Spectrum Disorder (ASD)
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DeFloria, a collaboration between Ajna BioSciences and Charlotte's Web Holdings, has received FDA clearance for a Phase 2 clinical trial of AJA001, a cannabinoid drug for Autism Spectrum Disorder. The trial is set to begin by mid-2025.
February 24, 2025 | 12:45 pm
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Charlotte's Web Holdings, part of DeFloria, received FDA clearance for a Phase 2 trial of AJA001, a cannabinoid drug for ASD. This regulatory milestone could positively impact the company's stock.
The FDA clearance for a Phase 2 trial is a significant regulatory milestone, indicating potential progress in drug development. This could lead to positive investor sentiment and a short-term stock price increase for Charlotte's Web Holdings.
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