Stock Track | Agora, Inc. Soars 5.29% Intraday on Tuesday, Surging After Completing Final FDA Study for New ADHD Treatment

Stock Track

01/07

Shares of Agora, Inc. (API) surged 5.29% on Tuesday's intraday trading session, as the biopharmaceutical company announced the completion of its final FDA-required study for its lead asset CTx-1301, a potential new treatment for Attention Deficit Hyperactivity Disorder (ADHD).

The company reported that the food effect study on its highest 50mg dosage of CTx-1301 did not reveal any serious adverse events. This study aimed to determine if the medication can be taken with or without food, a crucial factor for ensuring optimal treatment outcomes.

With the completion of this final study, Agora is now targeting the submission of a New Drug Application (NDA) for CTx-1301 to the FDA by mid-2025. The company believes CTx-1301, utilizing its proprietary Precision Timed Release (PTR) drug delivery platform, has the potential to be the first true once-daily stimulant medication for treating ADHD throughout an entire active day.

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Soars 5.29% Intraday on Tuesday, Surging After Completing Final FDA Study for New ADHD Treatment\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time smaller\">2025-01-07 22:40</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Shares of Agora, Inc. (API) surged 5.29% on Tuesday's intraday trading session, as the biopharmaceutical company announced the completion of its final FDA-required study for its lead asset CTx-1301, a potential new treatment for Attention Deficit Hyperactivity Disorder (ADHD).</p>\n\n<p>The company reported that the food effect study on its highest 50mg dosage of CTx-1301 did not reveal any serious adverse events. 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