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

Newmont Crushed Q3. So Why Did the Stock Fall?

Governments Bet on Critical Minerals While Investors Panic | John Passalacqua – First Phosphate

We Flew to Germany to Find the Mining Stocks Everyone’s Talking About | Munich Conference Day 1

Recommended

First Majestic Hits 4.24 g/t Gold Over 48.8 Metres at Saval as Jerritt Canyon Restart Advances

First Majestic Lifts Q3 Revenue 38% to US$394.1 Million on Higher Silver Prices

Related News

Revive Therapeutics, Pharmather Partner On Psilocybin Cancer Research

Revive Therapeutics (CSE: RVV) and Pharmather Inc (CSE: PHRM) this morning jointly announced a research...

Wednesday, November 18, 2020, 07:30:40 AM

PharmaTher Acquires Exclusive Rights To Patented Ketamine Formulation

PharmaTher Inc (CSE: PHRM) has entered into an exclusive worldwide license agreement for the development...

Tuesday, January 19, 2021, 09:24:20 AM

PharmaTher Partners With TSRL For Microneedle Patch Development

PharmaTher Holdings (CSE: PHRM) has partnered with that of TSRL under a co-development agreement. The...

Tuesday, June 1, 2021, 08:21:51 AM

PharmaTher Secures Japanese Patent For Ketabet

PharmaTher Holdings (CSE: PHRM) announced today that it has been granted a Japanese patent for its...

Tuesday, November 30, 2021, 09:52:00 AM

PharmaTher Licenses Patented Microneedle Delivery Tech For Ketamine

PharmaTher Inc (CSE: PHRM) this morning announced that it has entered into an exclusive worldwide...

Monday, February 1, 2021, 08:13:56 AM