other material
confidence medium
sentiment positive
materiality 0.65
Oragenics preparing Phase II trial for concussion drug ONP-002; secures CRO, optimizes formulation
ORAGENICS INC
- ONP-002 intranasal neurosteroid for mild TBI (concussion) advances to Phase II after positive Phase I safety.
- Partnering with Avance Clinical for Phase IIa at level one trauma centers in Australia.
- Formulation optimized to increase active compound percentage and target brain absorption within minutes.
- Estimated 69 million concussion cases globally annually; up to 20% develop post-concussion syndrome.
- Adequate intranasal device supply secured for upcoming trial.