Australia-based Prana Biotechnology (ASX: PBT) has announced positive results of its Reach2HD Phase II clinical trial investigating PBT2 as a treatment for Huntington disease.
The double-blind, placebo-controlled study was conducted by the Huntington Study Group at research sites in the USA and Australia. The study enrolled 109 individuals with Huntington disease who were randomly assigned to receive daily doses of either PBT2 250mg, PBT2 100mg, or placebo for 26 weeks. Trading on the company’s shares was halted on Monday and will remain in place until Wednesday while the announcement is made.
Proven safety and efficacy
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