On Thursday, Theriva Biologics, Inc. (NYSE:TOVX) revealed the outcome of the Data and Safety Monitoring Committee (DSMC) review of results from the second cohort of its Phase 1b/2a trial of SYN-004 (ribaxamase) in allogeneic hematopoietic cell transplant (HCT) recipients to prevent acute graft-versus-host disease (aGVHD).
Allogeneic hematopoietic cell transplant is a type of bone marrow transplant.
GVHD is a common complication when transplanted donor cells recognize the recipient’s tissues as foreign and attack them.
As per data from Benzinga Pro, the stock is trading higher on a strong session volume of 18.61 million compared to an average volume of 671.35K.
The study is ongoing and remains blinded; however, key findings from blinded data for Cohort 2 are included below:
Based on a review of the safety and pharmacokinetic data, the DSMC has recommended that the study proceed to enroll Cohort 3, in which SYN-004 or placebo will be administered in combination with the IV beta-lactam antibiotic cefepime.
“These encouraging data support the clinical advancement of SYN-004 and build on the growing data that underscore its therapeutic potential. The first 2 cohorts have shown that active SYN-004 is not found in the blood of allo-HCT patients after repeated oral doses, in part alleviating the concern that SYN-004 might be absorbed in patients with poor intestinal barrier function and potentially interfere with IV antibiotics,” said Steven Shallcross, CEO.
Price Action: TOVX stock is up 33.30% at $1.65 at the last check on Thursday.
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This article Nano-Cap Theriva Biologics' Investigational Drug For Transplant-Related Complication Shows Safety In Bone Marrow Transplant Patients originally appeared on Benzinga.com
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