Cytogel Pharma, LLC. today announced receipt of the official response from the U.S. Food and Drug Administration (FDA) regarding the Company’s amendment to the Complete Response Letter (CRL) for the CYT-1010 Investigational New Drug (IND) application.
DARIEN, Conn., /PRNewswire/ --Cytogel Pharma, LLC. today announced receipt of the official response from the U.S. Food and Drug Administration (FDA) regarding the Company's amendment to the Complete Response Letter (CRL) for the CYT-1010 Investigational New Drug (IND) application. FDA has agreed that the Company may proceed with its phase 1a/2a study protocol titled, A Randomized Double-Blind, Single-Dose, Placebo-Controlled Pharmacokinetic and Proof-of-Concept Study to Evaluate the Safety of CYT-1010 in Healthy Volunteers and the Analgesic Efficacy and Tolerability of CYT-1010 vs. Morphine in Subjects with Moderate to Severe Pain after Third Molar Extraction. The FDA issued authorization that allows this study to proceed. This will be an important proof of concept study and dose ranging study to demonstrate the effectiveness and safety of CYT-1010 in both volunteers and patients with significant pain. The FDA indicated that, upon completion of the above study, the Company should submit data to the Division for advancing to higher doses of CYT-1010, hence a partial clinical hold (PCH) in development will be in effect. The Division will review these data before lifting the PCH and allowing higher doses of CYT-1010. "We are pleased with the productive dialogue with the FDA and their decision to authorize the initiation of phase 2 development of CYT-1010 by approving this first study protocol, opening a pathway to full clinical development of CYT-1010. This is an important step forward for the Company. We believe the design of the phase 1a/2a study will allow for demonstration of safety and efficacy of this novel candidate in the treatment of post-operative pain," said C. Dean Maglaris, President and Chief Executive Officer. "Our mission is to address the needs of post-operative pain treatment, by providing effective analgesia that would not be as limited by the serious side effects of the classical opioids, namely respiratory depression and addiction. This is our objective for CYT-1010, based on its mechanism of action that is novel among opioids." The Company also announced that it is currently completing a bridge financing, which will shortly lead to a follow-on round of financing to fund its development programs. If completed, management expects these financings should be sufficient to fund operating expenses and project expenditure requirements into first quarter 2022. About Cytogel Pharma Disclosure Notice To learn more about Cytogel, please visit www.cytogelpharma.com or contact dmaglaris@cytogelpharma.com.
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