FDA lifts hold on Larimar's trial of CTI-1601 in Friedreich's ataxia patients

15 September 2022

Positive news from the medicines regulator yesterday saw US clinical-stage biotech Larimar Therapeutics’ (Nasdaq: LRMR) shares close up 15.5% at $3.64.

The US Food and Drug Administration (FDA) has cleared the initiation of the 25mg cohort of a Phase II four-week, placebo-controlled, dose exploration trial of CTI-1601 in Friedreich’s ataxia (FA) patients, said Larimar, which was formed in 2020 through the merger of Chondrial Therapeutics and Zafgen.

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