tiprankstipranks
NervGen Pharma Advances NVG-291 Clinical Trial for Spinal Cord Injury
Company Announcements

NervGen Pharma Advances NVG-291 Clinical Trial for Spinal Cord Injury

Story Highlights
  • NervGen Pharma is a biotech firm focusing on neurorestorative therapeutics.
  • NervGen advances NVG-291 trial for spinal cord injury, enhancing protocol for better enrollment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

NervGen Pharma ( (TSE:NGEN) ) has provided an update.

NervGen Pharma has announced the enrollment and dosing of the first subject in the subacute cohort of its Phase 1b/2a clinical trial for NVG-291, targeting spinal cord injury. This trial evaluates the efficacy and safety of NVG-291 in both chronic and subacute cervical spinal cord injury patients. An amendment to the trial protocol, approved by the IRB, aims to enhance enrollment and improve participant experience by revising timing and reducing assessment burdens. This development marks a significant step in NervGen’s efforts to advance NVG-291, with expected data on the chronic cohort in Q2 2025, potentially positioning the company as a leader in spinal cord injury therapeutics.

More about NervGen Pharma

NervGen Pharma Corp. is a clinical-stage biotech company focused on developing neurorestorative therapeutics. The company is dedicated to advancing treatments for spinal cord injury and has exclusive worldwide rights to NVG-291, a therapeutic peptide aimed at nervous system repair.

YTD Price Performance: -11.98%

Average Trading Volume: 70,921

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $144M

Learn more about NGEN stock on TipRanks’ Stock Analysis page.

Related Articles
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