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Thursday, May 28, 2020

ARCA Bio up on AB201 program for COVID-19 related coagulopathy

ARCA biopharma (NASDAQ:ABIO) is up 58% premarket after announcing a new development program to evaluate AB201 (rNAPc2), a potent, selective inhibitor of tissue factor, as a potential treatment for COVID-19 associated coagulopathy, a condition characterized by abnormal blood clotting and the related inflammatory response.
AB201 has previously undergone clinical testing through Phase 1 and 2 in more than 700 patients for other indications, generating substantial safety data, which may enable more rapid development.
ARCA anticipates IND filing in Q3 and initiating late-stage clinical testing in H2.
Prior rNAPc2 results treating Ebola and Marburg viral infections in non-human primate trials support development as treatment for RNA virus associated disease.
https://seekingalpha.com/news/3578230-arca-bio-up-on-ab201-program-for-covidminus-19-related-coagulopathy

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