Aevi Genomic Medicine Reports Second Quarter 2018 Financial Results and Provides Business Update
AEVI GENOMIC MEDICINE INC (GNMX)
Last aevi genomic medicine inc earnings: 11/14 08:01 am
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Source: PR Newswire
PHILADELPHIA, Aug. 2, 2018 /PRNewswire/ -- Aevi Genomic Medicine, Inc. (NASDAQ: GNMX) (the "Company") announced today financial and operational results for the three months ended June 30, 2018 and provided an overview of the Company's recent corporate progress.Second Quarter Financial Results and Recent Corporate HighlightsAEVI-001 ASCEND clinical trial update: In June 2018 the Company announced that the sample size for Part A of the trial, which is enrolling an 8-gene subset of pediatric and adolescent mGLuR mutation positive ADHD patients, will be increased from 42 to 64 patients. The decision to increase the sample size was made according to a prespecified sample size re-estimation design, which allows an adjustment in the sample size after an interim analysis of the placebo arm to ensure the trial is appropriately powered. The Company anticipates data from Part A of the ASCEND trial in the fourth quarter of 2018. AEVI-004 Co-crystal version of AEVI-001: During the second quarter
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