Noxopharm (ASX:NOX) said the fourth and last single-dose group of SOF-SKN, a drug candidate for autoimmune diseases like cutaneous lupus erythematosus, was completed in the HERACLES trial, according to a Monday Australian bourse filing.
The safety steering committee determined the dose level to be safe and tolerable, with no clinically relevant issues identified.
The study aims to evaluate the safety and tolerability profile of SOF-SKN by testing it at four different concentrations. Each group is scheduled to take around two weeks due to several tests, including electrocardiograms, physical exams, participant questionnaires, and numerous blood tests.
The firm's shares fell 6% in recent trading on Monday.