other material
confidence high
sentiment positive
materiality 0.70
Shuttle Pharma Q1 update: FDA clears Phase 2 glioblastoma trial; cash $4.2M
Shuttle Pharmaceuticals Holdings, Inc.
- FDA approved Phase 2 trial of Ropidoxuridine for glioblastoma; central IRB approved; first patient dosing expected Q2 2024.
- Cash and marketable securities at March 31, 2024 totaled approx. $4.2 million.
- Formed new wholly owned subsidiary Shuttle Diagnostics to develop predictive biomarker tests for prostate cancer.
- Obtained exclusive licenses from Georgetown University for predictive biomarker program and PSMA-B IP for metastatic prostate cancer.
- Finalizing site enrollment at up to six institutions for Phase 2 trial.