Noxopharm (ASX:NOX) secured Human Research Ethics Committee approval for the Heracles clinical trial, a first-in-human trial for SOF-SKN, a novel drug candidate for chronic inflammatory diseases, according to a Thursday filing with the Australian bourse.
The trial will assess SOF-SKN's safety profile at four concentrations, working with Doherty Clinical Trials in Melbourne to advance operational aspects like site initiation, batch preparation, and participant screening and recruitment, the filing said.
Shares rose 6% in afternoon trade Thursday.
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