Adynxx Reports Second Quarter 2019 Financial Results
ADYNXX INC (ADYX)
Company Research
Source: GlobeNewswire
SAN FRANCISCO, Aug. 14, 2019 (GLOBE NEWSWIRE) -- Adynxx, Inc. (OTCQB: ADYX), a clinical-stage biopharmaceutical company focused on the development of transcription factor decoy technology and first-in-class therapeutics for the treatment of pain and inflammatory diseases, today announced financial results and provided a business update for the second quarter ended June 30, 2019. "The second quarter of 2019 was transformative for Adynxx as we completed our merger with Alliqua BioMedical to become a public company,” said Rick Orr, President and Chief Executive Officer of Adynxx. “We are focused on continuing to advance brivoligide, our lead product candidate for post-operative pain, as well as our discovery and development activities related to additional product candidates. In the near-term we intend to initiate one to two Phase 2 studies of brivoligide this year, one of which is funded with the support of the National Institute on Drug Abuse (NIDA), part of the National Institutes
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