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Wednesday, February 5, 2020

FDA signs off on BioXcel IND for study of BXCL501 for opioid withdrawal

Thinly traded micro cap BioXcel Therapeutics (NASDAQ:BTAI) perks up 4% premarket on light volume on the heels of the FDA’s sign-off on a Phase 1b/2 clinical trial, RELEASE, evaluating BXCL501, a sublingual thin film formulation of the sedative dexmedetomidine, for the treatment of opioid withdrawal symptoms.
The candidate is also being developed to treat agitation in schizophrenia and bipolar disorder patients and agitation related to dementia.
https://seekingalpha.com/news/3538492-fda-signs-off-on-bioxcel-ind-for-study-of-bxcl501-for-opioid-withdrawal

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