Argenica Therapeutics Ltd (AU:AGN) has released an update.
Argenica Therapeutics has announced positive results from key FDA-required safety studies for its drug ARG-007, positioning it as a promising treatment for acute ischemic stroke. The studies confirm ARG-007’s safety profile, showing it does not impact genetic material, can be used with standard clot-dissolving therapies, and does not permanently affect glutamate receptors, thus avoiding neurotoxicity. These findings, alongside a successful ongoing Phase 2 clinical trial, demonstrate ARG-007’s potential advantages over existing treatments.
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