Nyrada Doses First Cohort in NYR-BI03's Phase I Human Clinical Trial

MT Newswires Live

2025/03/31

Nyrada Inc. (ASX:NYR) has dosed and discharged the first cohort of its Phase I human clinical trial of its lead drug candidate, NYR-BI03, according to a Monday filing with the Australian bourse.

The primary endpoint of the trial is to assess the safety and tolerability of NYR-BI03 in healthy volunteers, when administered as a three-hour intravenous infusion, per the filing.

Six participants received NYR-BI03, while two others received a placebo. Readouts from the trial are expected in the third quarter.

NYR-BI03 is a small molecule, first-in-class neuroprotection, and cardioprotection treatment.

Nyrada's shares were down 2% on market close.

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(ASX:NYR) has dosed and discharged the first cohort of its Phase I human clinical trial of its lead drug candidate, NYR-BI03, according to a Monday filing with the Australian bourse.</p><p>The primary endpoint of the trial is to assess the safety and tolerability of NYR-BI03 in healthy volunteers, when administered as a three-hour intravenous infusion, per the filing.</p><p>Six participants received NYR-BI03, while two others received a placebo. 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