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

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
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.

You May Also Like

FTC Seeks Contempt Ruling Against Payment Processor CLIQ

The FTC aims to hold CLIQ accountable for alleged non-compliance.Highlights: FTC files contempt motion against CLIQ for ignoring...

FTC Tightens Control Over Payment Processor Cliq in Contempt Ruling

Federal Trade Commission seeks legal action against Cliq for non-compliance.Highlights: FTC asks court to hold Cliq in contempt...

Portage Takes Over Management of Point72 Ventures’ Fintech Assets

Significant shift in fintech investment strategy announced by Portage.Highlights: Portage Management has taken over Point72's fintech assets.The move...

Portage Takes Over Management of Point72 Fintech Assets, Strengthening Market Position

Portage enhances its portfolio by managing Point72's fintech investments. Highlights:Portage assumes management of Point72's fintech investments. This move...