FDA accepts Arrowheada[euro](tm)s IND for obesity drug candidate Adipotide.
M2 PHARMA-January 5, 2012-FDA accepts Arrowheada[euro](tm)s IND for obesity drug candidate Adipotide(C)2012 M2 COMMUNICATIONS
5 January 2012 - Arrowhead Research Corporation (NASDAQ:ARWR), a nanomedicine company engaged in development of therapeutic products for cancer and obesity, said on Wednesday that the US Food and Drug Administration (FDA) had accepted the company's Investigational New Drug Application (IND) for its obesity drug candidate Adipotide.
This means that Arrowhead now has the green light to begin a clinical trial to test the safety of the compound.
Adipotide is designed to target and kill blood vessels supplying white fat tissue. The Phase I clinical study will be conducted by The University of Texas MD Anderson Cancer Center, which will secure the funding needed for the planned clinical trial.
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|Date:||Jan 5, 2012|
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