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Veru's share price surges over 180% after the success of the new crown oral drug phase III

 Last Update: 2022-05-23
 Source: Internet
 Author: User

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On April 11, Veru announced that sabizabulin (bisindole) reduced the relative risk of death by 55% in moderate-to-severe COVID-19 hospitalized patients

Affected by this news, Veru's shares rose 182%

Sabizabulin is an oral tubulin inhibitor developed by Veru, which blocks the intracellular transport of the new coronavirus along microtubules by inhibiting tubulin

This is a randomized, double-blind, placebo-controlled Phase III clinical trial to evaluate the efficacy and safety of sabizabulin in patients with moderate-to-severe COVID-19 at risk of acute respiratory distress syndrome (ARDS) and death

This release is an interim analysis of the first 150 patients enrolled

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