PharmAla Contracts Supply for Groundbreaking Clinical Trial
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PharmAla Secures Supply Contract for Clinical Trials
PharmAla Biotech Holdings Inc. (CSE: MDMA) (OTC:MDXXF) is making waves in the biotechnology sector by aligning with Johns Hopkins Medicine as a supplier of LaNeo™ MDMA for an important clinical trial. This engagement highlights PharmAla's pivotal role in the research and development of MDXX class molecules, showcasing their commitment to advancing medical science.
Commitment to Quality and Service
The CEO of PharmAla, Nicholas Kadysh, emphasizes their dedication to providing exceptional service and high-quality investigational drug products as they engage with researchers worldwide. He articulates that PharmAla stands uniquely qualified to deliver GMP MDMA that adheres to strict regulatory standards set by authorities like the FDA. This commitment underscores PharmAla's position in the market as a trusted partner in MDMA supply.
A New Tool for Researchers
PharmAla has introduced a new resource that allows researchers to access comprehensive information about the quality of their drug products through a dedicated platform. By offering direct insights, PharmAla aims to facilitate a smoother process for researchers in converting their clinical trial registrations and IRB approvals into an efficient LaNeo MDMA Chemistry, Manufacturing, and Control package. This innovative approach reflects the company's intention to support the ongoing evolution of clinical trials.
Updates on Corporate Developments
In a recent corporate update, PharmAla disclosed the conclusion of its agreement with Red Light Holland, with official termination procedures initiated. This move signals PharmAla’s agile approach in navigating partnerships that align with their strategic goals.
Presentation at EBPS Workshop
Furthering their reputation in the academic community, PharmAla will present at the upcoming European Behavioural Pharmacology Society (EBPS) Workshop. Their presentation, recognized as a “Hot Topic,” will feature data on their proprietary molecule APA-01, highlighting its potential as a potent entactogen with enhanced safety pharmacology compared to traditional MDMA. This initiative demonstrates PharmAla's ongoing commitment to research and development.
Dr. Harpreet Kaur, Vice President of Research at PharmAla, expressed their pride in this recognition, emphasizing the collaborative efforts with the Fantegrossi lab which have garnered significant attention from academic peers.
About PharmAla Biotech Holdings Inc.
PharmAla Biotech Holdings Inc. is a pioneering biotechnology firm primarily focused on the research, development, and manufacture of MDXX class molecules, including MDMA. Their dual mission encompasses alleviating the global backlog of clinical-grade MDMA crucial for trials and fostering the development of novel therapeutic options. PharmAla is notably positioned as the singular provider of clinical-grade MDMA for patient use beyond clinical trials, a significant milestone in the industry.
With a robust research and development unit, PharmAla has made significant strides, evidenced by the completion of proof-of-concept studies on various intellectual property families, including their lead candidate, ALA-002. They operate on a ‘regulatory first’ principle, underscoring the necessity of maintaining strong relationships with regulatory bodies to achieve long-term success in the psychedelics space.
For further inquiries, please contact:
Nicholas Kadysh
Chief Executive Officer
PharmAla Biotech Holdings Inc.
Email: press@PharmAla.ca
Phone: 1-855-444-6362
Website: www.PharmAla.ca
Frequently Asked Questions
What is the significance of PharmAla's contract with Johns Hopkins?
The contract showcases PharmAla's role in supplying MDMA for clinical trials, reinforcing its commitment to high-quality drug products.
How does PharmAla ensure the quality of its products?
PharmAla follows stringent GMP standards and collaborates with regulatory bodies to maintain high-quality production processes.
What are the recent developments at PharmAla?
Recently, PharmAla concluded its agreement with Red Light Holland, indicating strategic corporate adjustments.
What is APA-01?
APA-01 is PharmAla's novel proprietary molecule, currently under investigation for its potential as a safer entactogen compared to MDMA.
How can researchers access information about PharmAla's products?
Researchers can access detailed quality information through PharmAla's new online tool, facilitating their clinical trial preparations.
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