NIH Awards $1.7 Million Research Grant to $PTIE to
Post# of 23083
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Posted On: 06/05/2017 9:09:56 AM
NIH Awards $1.7 Million Research Grant to $PTIE to Study Alzheimer's Disease
"This NIH research grant will enable Pain Therapeutics to begin testing PTI-125 in human subjects. An Investigational New Drug (IND) application for PTI-125 is on-track for submission to the U.S. Food and Drug Administration (FDA) in the third quarter of 2017."
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This is good news for those of us holding out through Q1 2018, since then you have the positive direction of REMOXY on the horizon, and now with a small grant to start the process of their new drug... Of course, we can't forget that this is biotech - and the clinical trial process takes a lot of time, and a lot of money...
"This NIH research grant will enable Pain Therapeutics to begin testing PTI-125 in human subjects. An Investigational New Drug (IND) application for PTI-125 is on-track for submission to the U.S. Food and Drug Administration (FDA) in the third quarter of 2017."
//
This is good news for those of us holding out through Q1 2018, since then you have the positive direction of REMOXY on the horizon, and now with a small grant to start the process of their new drug... Of course, we can't forget that this is biotech - and the clinical trial process takes a lot of time, and a lot of money...
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