Tiziana shares boosted by hopes on long COVID nasal spray

13 April 2023

New York-based Tiziana Life Sciences (Nasdaq: TLSA), a biotech company developing breakthrough immunomodulation therapies via novel routes of drug delivery, has revealed plans to investigate intranasal foralumab for the treatment of long COVID.

The company is encouraged by foralumab’s well-established role in de-activating microglia cells, a key component in the pathogenesis of this disease.

Matthew Davis, chief medical officer of Tiziana, said: “We anticipate entering into a Phase IIa placebo-controlled clinical trial upon successful feedback from the US Food and Drug Administration (FDA).

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