Search This Blog

Monday, June 3, 2019

Avenue up on positive late-stage study of IV tramadol

Thinly traded nano cap Avenue Therapeutics (NASDAQ:ATXI) is up 16% premarket on light volume in reaction to a successful second Phase 3 clinical trial evaluating IV tramadol for the treatment of postoperative pain following abdominoplasty (tummy tuck) surgery.
The trial met the primary and all key secondary endpoints, demonstrating comparable efficacy to IV morphine.
The company plans to file its U.S. marketing application in Q4.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.