other material
confidence high
sentiment positive
materiality 0.70
Ovid/Graviton announce positive Phase 1 data for OV888/GV101 CCM therapy; Phase 2 expected H2 2024
Ovid Therapeutics Inc.
- Phase 1 met primary safety/tolerability objectives: no serious adverse events at any dose.
- Headache was most common AE (23%); all mild and resolved within 24 hours.
- Target PK achieved: half-life ~12 hours supports once-daily dosing.
- Dose-dependent decrease in proinflammatory cytokines IL-17 and IL-21 confirms ROCK2 target engagement.
- Phase 2 proof-of-concept study in cerebral cavernous malformations planned for second half 2024.