Menu

Search

  |   Business

Menu

  |   Business

Search

Faraday Pharmaceuticals Announces First-In-Human Trial of FDY-5301

SEATTLE - Faraday Pharmaceuticals, a biopharmaceutical company focused on the development of elemental reducing agents for critical care medicine, today announced the start of a Phase 1 clinical trial evaluating its lead compound FDY-5301.

The randomized, double blind, placebo-controlled trial is designed to evaluate the safety, tolerability, pharmacokinetics and pharmacodynamics of single, escalating, intravenous doses of FDY-5301 versus placebo in healthy volunteers. FDY-5301 contains elemental iodine in its reduced form – iodide – formulated for intravenous administration.

Preclinical data have demonstrated the ability of FDY-5301 to diminish reperfusion injury in both cardiac and skeletal muscle in a range of different animal models and in multiple species. The Phase 1 trial is being conducted in Australia and is targeted to enroll approximately 40 subjects.

"It's gratifying to begin this first-in-human study following the promising preclinical findings to date, and less than six months after our initial 'GLP' toxicity studies were initiated. Our elemental reducing agents have demonstrated compelling activity in a number of animal studies, including models of cardiac reperfusion, radiation injury and organ transplantation," said Stephen A. Hill, M.D., Chief Executive Officer of Faraday. "We are working hard on our Phase 2 preparations in hope of providing new options to patients as expeditiously as possible."

Faraday Pharmaceuticals is a biopharmaceutical company focused on the research and development of elemental reducing agents (ERAs). These therapeutic agents have potential applications for treatment of critical care illnesses. The company is headquartered in Seattle. 

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

April 26 15:00 UTC Released

USKC Fed Manufacturing

Actual

33 Mln

Forecast

Previous

20 Mln

April 26 15:00 UTC Released

USKC Fed Composite Index

Actual

26 Bln USD

Forecast

Previous

17 Bln USD

January 31 00:00 UTC 123563123563m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 123563123563m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 135383135383m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 123563123563m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 135383135383m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 123563123563m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 123563123563m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 123563123563m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.