Argenica Therapeutics Says Final Patient Dosed in Phase Two Acute Ischaemic Stroke Drug Candidate Trial; Shares Rise 3%

MT Newswires Live
04-11

Argenica Therapeutics (ASX:AGN) said the the final patient in its phase two clinical trial of ARG-007 in acute ischaemic stroke has been dosed, according to a Friday Australian bourse filing.

The phase two trial dosed a total of 92 patients with confirmed large vessel occlusion strokes and who underwent an endovascular thrombectomy procedure to remove the clot.

Half of these patients received an intravenous infusion of a saline placebo, and half received an intravenous infusion of ARG-007. The trial will remain blinded until the final patient dosed has their follow-up functional assessment performed at 90 days post-stroke.

Top-line data are expected to be released in the third quarter. The trial is seeking to evaluate the safety of the ARG-007 drug candidate and characterize the effect of the candidate on reducing infarct volume in participants with acute ischaemic stroke.

Argenica Therapeutics' shares rose almost 3% in recent trading on Friday.

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