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Emyria: Reveals “strong recruitment” for EMD-RX5 phase IIItrial

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Emyria Reveals “strong recruitment” for EMD-RX5 phase IIItrial

  • Emyria (EMD) announces “strong recruitment” in a phase III clinical trial to facilitate its EMD-RX5 product in becoming an over-the-counter medicine
  • The company has enrolled fifty patients and screened more than 100 in the trial, which is anticipated to end in July this year
  • EMD-RX5 is an ultra-pure CBD capsule treatment designed to mitigate symptoms such as mild stress and anxiety for patients with chronic health conditions
  • With no OTC treatment readily available in EMD’s target indication, the company believes it’s primed to “address a significant unmet need”
  • EMD shares are trading at 17.5 cents at midday AEDT
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