Silo Pharma Partners with Veloxity Labs for PTSD Therapy Study

Silo Pharma Engages Veloxity Labs for Vital Research
Silo Pharma, Inc. (Nasdaq: SILO), a pioneering company in the biopharmaceutical sector, has teamed up with Veloxity Labs, LLC to conduct a critical bioanalytical study. This partnership aims to support their investigational new drug (IND)-enabling study for SPC-15, designed as an innovative intranasal treatment for post-traumatic stress disorder (PTSD).
Importance of the Collaboration
In a recent announcement, Eric Weisblum, the CEO of Silo, expressed enthusiasm about the collaboration with Veloxity Labs. He stated, "We look forward to working with Veloxity Labs for GLP sample analysis in our current safety study of SPC-15." Weisblum emphasized the value of quick turnaround times and high-quality data, projecting that Veloxity will significantly contribute to the preclinical data necessary for advancing towards an IND approval for SPC-15.
Expected Timeline for FDA IND Process
Silo Pharma has plans to initiate the FDA IND process for SPC-15 in the near future. Once the IND is approved, the company anticipates proceeding to a first-in-human Phase 1 clinical trial, marking a pivotal step in bringing this therapy to those who need it most.
Overview of Silo Pharma's Mission
Silo Pharma is focused on developing treatments for various understudied conditions, which include stress-related psychiatric disorders, chronic pain, and diseases affecting the central nervous system (CNS). The company's innovative portfolio includes not only SPC-15 but also SP-26, targeting fibromyalgia and chronic pain, alongside other preclinical projects aimed at conditions like Alzheimer’s disease and multiple sclerosis.
Collaborative Research Efforts
The research initiatives at Silo Pharma are enhanced through partnerships with prestigious universities and laboratory facilities, fostering an environment of innovation. This collaboration ensures that the company remains at the forefront of the biopharmaceutical landscape.
Contact Information for Inquiries
For additional information about Silo Pharma's initiatives or opportunities for collaboration, interested parties can reach out via telephone at 800-705-0120 or email at investors@silopharma.com.
Frequently Asked Questions
What is SPC-15?
SPC-15 is an innovative intranasal therapy being developed to treat post-traumatic stress disorder (PTSD).
Who is collaborating with Silo Pharma on this project?
Silo Pharma has partnered with Veloxity Labs to conduct essential bioanalytical studies for SPC-15.
What is the significance of the FDA IND process?
The FDA IND process is crucial as it allows Silo Pharma to initiate clinical trials needed to assess the safety and efficacy of SPC-15 in humans.
How does Silo Pharma support innovative research?
Silo Pharma collaborates with leading universities and research laboratories, ensuring high standards and innovative approaches in its drug development.
How can investors stay informed about Silo Pharma's progress?
Investors can reach out to Silo Pharma's contact number or email for updates and information regarding their ongoing projects and developments.
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