German drug developer Paion (FSE: PA8) has provided a clinical and commercial update of its activities, indicating that lead candidate remimazolam will now likely be filed for regulatory approval in the USA in the second half of next year, later than had previously been expected.
The review was carried out on the company’s behalf by Edison Investment Research.
To support a potential US filing, the company is undertaking additional Phase I studies to assess whether the drug could be abused intranasally and whether it could be used as a knock-out cocktail in combination with alcohol.
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