Revive Files IND Application With FDA For Phase 3 Clinical Study For COVID-19 Treatment

Revive Therapeutics (CSE: RVV) announced after the bell today that it has officially filed its investigational new drug (IND) application to the US FDA for its Phase 3 confirmatory study. The study will focus on utilizing bucillamine as a potential treatment for COVID-19 and other infectious diseases.

Once the application is accepted, Revive will conduct a placebo-controlled study which will be both randomized and be double-blind in patients with mild to moderate COVID-19. The study is currently estimated to take place in the third quarter of 2020. The study is said to consist of up to 800 patients, with will see patients receive either 100 mg of Bucillamine three times a day, 200 mg three times a day, or a placebo three times a day for up to a 14 day period.

The objective of the study will be to measure the effects of Bucillamine in terms of frequency of hospitalization and mortality in these patients between the three dosages. Efficacy will be measured based on clinical outcome, severity of the disease, supplemental oxygen use, and progression of the disease based on dosage received. Analysis will be performed on the first 210 patients treated and followed up on for a total of 28 days after the first dose is administered. The best performing dosage will then be used on a 2:1 basis with a placebo for the remainder of the study, with further analysis occurring at every 100 person interval through to 700.

"We are very pleased in achieving this major milestone of filing our IND for a Phase 3 confirmatory study to evaluate Bucillamine in the treatment of patients with mild-moderate COVID-19, which was based on the recommendation from the U.S. FDA from our pre-IND meeting earlier this year. We are preparing plans for initiating the Phase 3 study upon the IND becoming active by the U.S. FDA and we look forward to advancing Bucillamine as a potential new treatment option for patients with a confirmed diagnosis of COVID-19 globally." 
Michael Frank, CEO

Full scientific rationale for the use of Bucillamine in the treatment of infectious diseases such as COVID-19 can be found here. Further details on the phase 3 study to be conducted by Revive Therapeutics can be found in the news release published by the company, found here.

Cambria Gold Mines — sponsored Sponsored · Cambria Gold Mines

Revive Therapeutics last traded at $0.29 on the CSE.


FULL DISCLOSURE: Revive Therapeutics is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Revive Therapeutics 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

Gold Could Fall Further. Here’s What I’m Buying | Rick Rule

Newmont Crushed Q3. So Why Did the Stock Fall?

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

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

Pantry Stockpiling Surges 3,400% As Second COVID-19 Wave Sets In

As the outlook for the coronavirus pandemic turns bleak across the US amid record-breaking surges...

Thursday, October 29, 2020, 10:35:36 AM

Internet Of Things Books First Purchase Order For ThermalPass, Over 100 Inquiries Received On Product

Internet of Things Inc (TSXV: ITT) this morning released to the market that it has...

Tuesday, June 23, 2020, 09:14:52 AM

Retail Landlords Begin Issuing Default Notices to Tenants

It appears the economic implication stemming from the coronavirus pandemic keep mounting. As retailers were...

Tuesday, May 26, 2020, 05:03:00 PM

Oil Prices Plunge to 5-Month Low as New Lockdown Restrictions Crush Demand

As coronavirus cases rise rapidly around the globe, fears of the second, much more severe...

Thursday, October 29, 2020, 01:09:00 PM

Car Dealerships are Scrambling to Entice Buyers as Sales Plummet to a Decade Low

The coronavirus outbreak has been causing rampant havoc across the globe; the rapidly exponential spread...

Friday, April 3, 2020, 12:23:10 PM