Not too far to go for Pharnext rare disease candidate

19 October 2021

AI-driven drug combo specialist Pharnext (EPA: ALPHA) saw its shares leap nearly a tenth in morning trading on Tuesday, after a positive result from the Phase III PLEO-CMT trial.

The Paris, France-based firm is using large genomics datasets, together with its Pleotherapy drug discovery platform, to identify new combinations of therapies for rare diseases.

The firm’s candidate, PXT3003, is a novel fixed-dose synergistic combination of baclofen, naltrexone and sorbitol, administered orally and twice daily.

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