Trending >

Revive Therapeutics gets positive results on Rett Syndrome trial

Rett Syndrome
A Rett Syndrome awareness campaign from the U.K. The rare disease almost exclusively affects girls.

Rett Syndrome breakthrough? Another play in Revive Therapeutics (Revive Therapeutics Stock Quote, Chart, News CSE: RVV) arsenal of repurposed drugs for new uses moved forward today.

Revive reported positive results from a pre-clinical study with tianeptine for the treatment of Rett syndrome, a rare neurodevelopmental disorder.

In the United States about 16,000 people are affected by Rett, almost all are woman and children. Because the syndrome affects less than 200,00 people, it is classified as a rare disease by the National Institutes of Health.

In light of the new information, CEO Fabio Chianelli said the company will weigh its options.

“On the basis of these results and the potential neurological benefits REV-003 may have on patients with Rett syndrome, Revive is evaluating the next steps in the clinical development program, including a potential human clinical study,” he said.

Today’s news follows on the company’s late April’s request for a pre-investigational New Drug meeting with the FDA for its gout drug candidate, REV-002.

At press time, shares of Revive Therapeutics were even at $0.50.

Disclaimer: Revive Therapeutics is an annual sponsor of Cantech Letter.

 

More from Cantech Life Sciences

 

  •  
  •  
  •  

About The Author /

Nick Waddell
Cantech Letter founder and editor Nick Waddell has lived in five Canadian provinces and is proud of his country's often overlooked contributions to the world of science and technology. Waddell takes a regular shift on the Canadian media circuit, making appearances on CTV, CBC and BNN, and contributing to publications such as Canadian Business and Business Insider.

Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Access Expert Stock Picks for free

CLOSE

Get Stock Picks From The Pros

Sign up for our newsletter to get timely Canadian stock picks from expert financial analysts.