C4XD says to start clinical trials for its drug candidate to treat addiction
C4X Discovery Holdings (LSE: C4XD) on Wednesday said its drug compound Orexin-1 to treat addiction is in formal pre-clinical safety and toxicity studies ahead of the start of clinical trials.
The company said it expects to file a clinical trial application to enable human studies at the end of 2016.
Chief executive Piers Morgan, said: “We continue to make outstanding progress with our proprietary programs, which are focused on areas of high unmet medical need, with large target markets. Our technology enables us to design novel, selective, potent leads and drug candidates in a fraction of the time and cost compared to conventional methods.”
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