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AlphaRx Inc.’s licensee, Gaia BioPharma Ltd., has signed an agreement with a CMO to manufacture GAI-122 for use in Phase I and II trials.
January 21, 2010
By: Tim Wright
Editor-in-Chief, Contract Pharma
AlphaRx Inc.’s licensee, Gaia BioPharma Ltd., has signed an agreement with a CMO to manufacture GAI-122 for use in Phase I and II trials. GAI-122 is being developed as an injectable nanoemulsion formulation to potentially to treat patients with acute ischemic stroke or to prevent postoperative delirium. “We are very pleased with the progress of the GAI-122 development program; it is on track to enter human trials in 2010,” said Michael Lee, president and chief executive officer of AlphaRx. “The NINDS (National Institute of Neurological Disorders and Stroke) has recently initiated clinical trials using the oral form of GAI-122, for the treatment of Multiple Sclerosis. It further validated our clinical development strategy for GAI-122 as a neuroprotectant.”
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