Novan Plans To Advance SB019 For Treatment Of COVID-19

Novan Inc. (NOVN) announced promising preclinical safety results with berdazimer sodium in a 14-day Good Laboratory Practices repeat dose intranasal toxicity study. It plans to advance SB019 for Treatment of COVID-19.

The preclinical study data indicated that intranasal administration of SB019 formulation containing berdazimer sodium is well-tolerated and safe. The company believes the promising conclusions from this Good Laboratory Practices study support advancement of the SB019 program toward in-human clinical development.

The company is continuing to progress the development of its potential anti-viral therapy against COVID-19, the disease caused by the SARS-CoV-2 virus.

The company remains focused on the next steps to submit an IND and initiates a phase 1 study in humans no later than the second quarter of 2022.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Shares of Inditex SA were gaining around 6 percent in the morning trading in Spain after the clothing firm that owns Zara reported Wednesday significant growth in its first-quarter profit on higher revenues as well as the absence of a prior year provision. Regarding the second quarter to date, the company said its store and online sales in constant currency between May 1 and June 4 increased 16.. The U.S. Consumer Product Safety Commission or CPSC, along with Golden, Colorado-based Boppy Co., urged consumers to stop using recalled Boppy Newborn Loungers, following reports of more infant deaths. They also asked online marketplaces to stop selling the recalled product. The company in September 2021 had recalled over 3.3 million infant lounging pillows after it was connected with deaths of 8 Apple has unveiled a bunch of new products for its customers including its first spatial computer Vision Pro Headset. The tech major has also introduced iOS 17, 15-inch MacBook Air, iPadOS 17, TvOS 17 For Apple TV, WatchOS 10 For Apple Watch, New Mac Studio, Mac Pro, and M2 Ultra, among others. The Apple Vision Pro features visionOS, the world's first spatial operating system.
Follow RTT