Incannex Healthcare (ASX:IHL) eyes US FDA meeting on positive IHL-216A results – The Market Herald & More News Here

• Incannex Healthcare (IHL) declares positive findings from a preclinical research trialling its IHL-216A drug in rodent fashions
• The research in contrast IHL-216A to CBD and isoflurane in a research mannequin developed with the US NFL to imitate the kind of mind damage that happens in sports-related concussions
• IHL-216A restored spatial reminiscence after 24 hours in rodent fashions, whereas rats handled with CBD alone skilled solely {a partially} restored spatial reminiscence
• Incannex says the results additional help the advantages of its drug, and it’s expediting a pre-Investigational New Drug (IND) meeting with the US FDA later this yr
• IHL shares are buying and selling 7.89 per cent decrease at 35 cents

Incannex Healthcare (IHL) has introduced some positive findings from a preclinical research trialling its IHL-216A drug in head accidents.

The research in contrast IHL-216A to its element drug, cannabidiol (CBD), and isoflurane, utilizing six teams of 24 Sprague Dawley rats.

The research mannequin was developed in collaboration with the US National Football League (NFL) to symbolize the kind of mind damage that may happen in sports-related concussions.

Concussions skilled by NFL gamers had been scaled to the rodent topics to imitate the collision mechanics.

IHL-216A was noticed to have a powerful neuroprotective impact in that it restored spatial reminiscence after 24 hours in injured rodent fashions, whereas people who solely obtained the car as remedy didn’t have restored spatial reminiscence.

Rats who had been handled with CBD alone skilled solely {a partially} restored spatial reminiscence, additional supporting the advantages of Incannex Healthcare’s novel drug mixture in comparison with CBD alone.

IHL Chief Scientific Officer Dr Mark Bleackley stated it was “exciting” that Incannex had noticed a neuroprotective impact for IHL-216A.

“Combining the results from our two animal studies indicates that IHL-216A has the potential to be effective at reducing the effects of traumatic brain injuries across the spectrum of injury severity,” Dr Bleackley stated.

Due to the positive preclinical results, the healthcare inventory has begun preparations of a pre-Investigational New Drug (IND) meeting bundle for IHL-216A.

The firm is focusing on a pre-IND meeting with the US Food and Drug Administration (FDA) within the September 2022 quarter. The meeting will focus on Incannex’s plan to conduct a medical trial for a brand new drug software and advertising approval.

IHL was down 7.89 per cent to commerce at 35 cents at 11:10 am AEST.

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