Clinuvel Pharmaceuticals (ASX:CUV) started dosing in its preclinical study with its controlled-release liquid injectable platform candidate, VLRX-L, designed to control the release of peptides, according to a Monday Australian bourse filing.
The study seeks to evaluate the controlled-release profile of VLRX-L candidates and determine the reproducibility of drug release using an in-vitro model, the filing said.
The company seeks to complete the preclinical program in the second half of 2026.
Clinuvel Pharmaceuticals' shares rose almost 2% in recent trading on Monday.