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FDA Clears Oramed Pharma's IND For ORMD-0801 - Quick Facts

5/17/2013 7:58 AM ET

Oramed Pharmaceuticals Inc. (ORMP: Quote) announced that the FDA has cleared the company's Investigational New Drug application for ORMD-0801, its oral insulin capsule.

Oramed's ORMD-0801 is an orally ingestible insulin capsule indicated for the early stages of type 2 diabetes, when it can still slow the rate of degeneration of the disease by providing additional insulin to the body and allowing pancreatic respite.

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by RTT Staff Writer

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