other material
confidence high
sentiment neutral
materiality 0.55
Odyssey Health completes Phase I SAD trial for concussion drug PRV-002; moving to MAD phase
Odyssey Health, Inc.
- Phase I Single Ascending Dosing (SAD) completed with three cohorts; drug PRV-002 safe and well tolerated, no severe adverse events.
- Cohort III (8 healthy volunteers) cleared; Safety Review Committee unanimously approved start of Multiple Ascending Dosing (MAD) Cohort I.
- Intranasal delivery showed low blood levels of PRV-002, supporting targeted brain delivery hypothesis.
- Company planning FDA meeting to present Phase I data; Phase II trial sites and study design under development.
- Global concussion treatment market valued at $6.9B (2020), forecast to reach $8.9B by 2027 (Grandview Research).