tiprankstipranks
Company Announcements

Awakn Receives Positive FDA Feedback for AWKN-002 in Alcohol Use Disorder

Story Highlights
Awakn Receives Positive FDA Feedback for AWKN-002 in Alcohol Use Disorder

Awakn Life Sciences ( (TSE:AWKN) ) has shared an announcement.

Awakn Life Sciences Corp. announced a successful Pre-Investigational New Drug meeting with the FDA regarding its AWKN-002, a treatment for alcohol use disorder. The FDA supports Awakn’s development strategy and confirmed that the company can proceed to Phase 2b clinical trials without additional data, marking a significant milestone in addressing the substantial unmet medical need for effective AUD treatments.

More about Awakn Life Sciences

Awakn Life Sciences Corp. is a clinical-stage biotechnology company that focuses on developing therapeutics for substance use and mental health disorders. The company is involved in creating a proprietary oral thin film formulation of esketamine, targeting alcohol use disorder, aiming to address significant unmet medical needs in the market.

YTD Price Performance: 0%

Average Trading Volume: 24,714

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.74M

For detailed information about AWKN stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1