Pharmaust Limited (AU:PAA) has released an update.
PharmAust Limited’s lead drug, monepantel, has been selected for the HEALEY ALS Platform Trial in the United States, which is a key step towards FDA approval for treating amyotrophic lateral sclerosis (ALS). This inclusion signifies a significant advancement in the company’s efforts to develop a new ALS treatment, with the trial providing a collaborative, expedited research environment. PharmAust’s collaboration with the trial is expected to accelerate the development process, leveraging the trial’s extensive network and regulatory support.
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