Proactive Investors - Run By Investors For Investors

Zynerba on track to report cannabidiol gel treatment results for Fragile X childhood disorder

The company has completed enrollment for its Phase 2 clinical trial of the gel's use with children and adolescents with developmental and epileptic encephalopathy
Image of Zynerba gel
Zynerba expanded clinical targets of its CBD gel to autism spectrum disorder and 22q deletion syndrome

Zynerba Pharmaceuticals Inc (NASDAQ:ZYNE) is on track to report top-line results from tests of its cannabidiol gel treatment for children and adolescents with Fragile X Syndrome.

The Devon, Pennsylvania-based company said in a release earlier this week that it expects the results in the second half of 2019. Fragile X is a genetic condition that leads to learning disabilities and attention deficit disorder.

Shares of Zynerba were trading in a narrow range and recently changed hands at US$3.67 in Wednesday’s Nasdaq trading.

READ: MedMen cuts deal to expand into Arizona’s fast-growing medical marijuana market

Zynerba has completed enrollment for its Phase 2 clinical trial of the ZYN002 transdermal gel’s use on children and adolescents with developmental and epileptic encephalopathy. Top-line results of that study are due to be reported in the third quarter of 2019.

“Our aspirations and expectations are clear: to work closely with the US Food and Drug Administration to expand the opportunity for pharmaceutically developed cannabidiol  treatments that meet its rigorous medical and manufacturing standards, and in doing so, continue toward our goal of addressing significant unmet medical needs in neuropsychiatric disorders,” CEO Armando Anido said in a statement.

Expanded pipeline

Zynerba added that it has expanded its pipeline with the addition of two new childhood neuropsychiatric clinical targets for the cannabidiol gel: autism spectrum disorder and 22q deletion syndrome, a rare genetic syndrome leading to neuropsychiatric disorders.

The company expects to initiate Phase 2 studies in the first half of 2019 and report top-line results in the first half of 2020.

Zynerba said it has postponed the start of its clinical trial for adult epilepsy and added that it expects to have sufficient cash through the second half of 2020.


Contact Dennis Fitzgerald at [email protected]

Join Proactive’s Crypto, Blockchain and Cannabis Telegram group here
View full ZYNE profile View Profile

Zynerba Pharmaceuticals Timeline

Related Articles

man coughing
November 09 2018
Some of the big boys are shifting their focus away from their respiratory drugs, which could open up opportunities for Circassia to in-license them
A paper plane about to be launched with the help of surgical scissors
November 13 2018
The voluntarily-suspended company is progressing an ongoing recapitalisation plan.
young girl with allergy
Fri
Allergy Therapeutics is a long-established specialist in the prevention, diagnosis and treatment of allergies
Copyright © Proactiveinvestors.com, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use