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Names new senior medical advisor and announces major layoffs.
August 19, 2024
By: Charlie Sternberg
Lykos Therapeutics, a company dedicated to transforming mental healthcare, is reorganizing as it works to address the resubmission of its new drug application (NDA) for midomafetamine capsules for the treatment of post-traumatic stress disorder (PTSD) in adults. This reorganization is happening in response to the FDA’s recently issued complete response letter (CRL) for the NDA for midomafetamine capsules for the treatment of PTSD in adults. The FDA communicated that it had completed its review of the NDA and determined that it could not be approved based on data submitted to date. The FDA requested that Lykos conduct an additional Phase 3 trial to further study the safety and efficacy of midomafetamine. “Lykos is deeply dedicated to bringing midomafetamine to those suffering from PTSD and remains highly committed to this goal,” said Jeff George, Chairman of the Lykos Board. “At the same time, we take to heart the FDA’s decision and the additional work we will need to do to bring this pioneering therapy to market.”
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