PharmaTher Files With FDA For Pre-IND Meeting On Use Of Ketamine In Treatment Of Parkinson’s Disease

PharmaTher Inc (CSE: PHRM) this morning announced that it has filed a pre-investigational new drug meeting request, as well as having completed pre-IND briefing documents with that of the US Food and Drug Administration. The filings have been made in connection with the firms focus on clinical development of the use of ketamine in treating Parkinson’s Disease.

The filing that has been made by the company will also support the evaluation of a phase two clinical study on the use of ketamine to treat levodopa-induced dyskinesia that is associated with Parkinson’s Disease. The pre-IND meeting is viewed as a means of providing information to push forward with phase two clinical studies within the US.

Ketamine is currently an FDA-approved drug that contains a known safety profile. Preclinical data and case studies within Parkinson’s patients have shown that low doses of the compound have shown the potential to reduce levodopa-induced dyskinesia, which in layman terms is an involuntary movement disorder. The use of ketamine in such applications has also been indicated to reduce depression and improve on time.

“We are pleased to have taken this important step in advancing our ketamine program for Parkinson’s disease via the FDA regulatory pathway, which is part of our overall strategy of progressing our novel ketamine prescription-based therapies to treat neurological disorders for FDA approval. We look forward to finalizing our Phase 2 clinical study for ketamine in Parkinson’s disease and leveraging the pre-IND meeting to unlock additional value in our exclusive FDA-based ketamine programs in depression and pain.”

Fabio Chianelli, CEO of PharmaTher

PharmaThe last traded at $0.29 on the CSE.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

FULL DISCLOSURE: Pharmather is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Pharmather on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

This Copper Mine Costs 1/6 to Restart | SSR Mining X Roxmore

Why Cambria Hit Pause on Its Massive Copper-Gold Spinout

Can Gold Rescue Washington From Its Debt Trap? | Andy Schectman – Miles Franklin

Recommended

Mercado Minerals Lengthens El Triunfo Vein by 190 Metres, Readies 1,500-Metre Zamora Drill Program

Blue Jay Gold Signs Ocean Partners Deal to Ship Steller Stockpiles Through 2027

Related News

PharmaTher To Develop Digital Therapeutics Platform Focused On Psychedelic Therapies

Pharmather Inc (CSE: PHRM) this morning announced that it has amended its sponsored research agreement...

Tuesday, December 1, 2020, 07:36:07 AM

PharmaTher Receives FDA Approval For Ketamine Trial For Parkinson’s

PharmaTher Holdings (CSE: PHRM) has seen the US FDA approve the firms application for an...

Monday, May 17, 2021, 09:15:31 AM

PharmaTher Files Patent Application In US For Psilocybin Drug Combination To Treat Neurological Disorders

PharmaTher Inc (CSE: PHRM) this morning announced that it has filed a provisional patent application...

Tuesday, December 15, 2020, 09:00:13 AM

Pharmather Applies For Orphan Drug Status For Ketamine In Use Against Parkinson’s Disease

Pharmather Inc (CSE: PHRM) has filed for orphan drug designation with the US Food and...

Tuesday, October 20, 2020, 09:30:33 AM

Pharmather: Combining Artificial Intelligence With Psychedelics For Novel Drug Discovery

Newscope Capital, whom is currently doing business as Pharmather (CSE: PHRM) is the latest firm...

Monday, October 12, 2020, 03:47:00 PM