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Stock impact report

Anebulo Pharmaceuticals Announces First Patients Dosed in Phase 1 Single Ascending Dose Study of Intravenous Selonabant, under Development for Acute Cannabis-Induced Toxicity [Yahoo! Finan...

Anebulo Pharmaceuticals, Inc. (ANEB) 
Company Research Source: Yahoo! Finance
company developing novel solutions for people suffering from acute cannabinoid-induced toxicities (the "Company" or "Anebulo"), today announces the first subjects dosed in its Phase 1 single ascending dose ("SAD") study of intravenous (IV) selonabant in healthy young adults. The study is supported by a collaborative grant from the National Institute on Drug Abuse (NIDA). First Subjects Dosed in Phase 1 SAD Study of Intravenous Selonabant Second year of NIDA collaborative grant ($994,300) awarded "This important milestone brings Anebulo closer to its goal of providing the first emergency antidote for acute cannabis-induced toxicity," commented Richie Cunningham, Chief Executive Officer of Anebulo. "Anebulo previously evaluated selonabant as an oral treatment in a Phase 2 clinical trial, demonstrating potential for blocking and reversing the negative effects of acute cannabinoid intoxication (ACI) in healthy adults challenged with oral THC. The Company has since prioritized the ad Show less Read more
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