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TRPX

Therapix Biosciences

$5.67

-0.05 (-0.87%)

08:35
02/07/18
02/07
08:35
02/07/18
08:35

Therapix Biosciences given FDA approval to continue THX-110 development

Therapix Biosciences has held a pre-Investigational New Drug pre-IND communication with the FDA to discuss the regulatory pathway for the development of THX-110 for the treatment of Tourette Syndrome. The IND for THX-110 will not require any additional nonclinical data to support a phase IIb study in the the U.S. The company intends to submit the a NDA via the 505(b) pathway and expects to evaluate THX-110 in a phase IIb clinical study in Q2.

TRPX Therapix Biosciences
$5.67

-0.05 (-0.87%)

06/05/17
LTCO
06/05/17
INITIATION
Target $18
LTCO
Buy
Therapix Biosciences initiated with a Buy at Ladenburg
Laidlaw analyst Francois Brisebois initiated Therapix Biosciences with a Buy and an $18 price target saying lead candidate THXTS01, an orally available pill consisting of FDA approved dronabinol and palmitoylethanolamide for the treatment of symptoms related to Tourette Syndrome, has little competition and a large market opportunity.

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INTC

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