Cardiol Therapeutics To Include Vaccinated Participants In Cannabidiol COVID-19 Trial


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The FDA and regulatory agencies in Brazil & Mexico have cleared Cardiol Therapeutics Inc (NASDAQ:CRDL) to modify the inclusion criteria for the LANCER trial to allow the enrollment of vaccinated patients

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  • The Phase 2/3 LANCER trial is designed to evaluate the efficacy and safety of CardiolRx as a cardioprotective therapy to reduce mortality and major cardiovascular events in patients hospitalized with COVID-19.
  • The Company expects the LANCER trial to achieve over 50% patient recruitment by the end of 1H of 2022 and to complete patient enrollment during 2H of 2022. 
  • Also See: Cardiol To Test Oral Cannabidiol Formulation In Acute Myocarditis Patients.
  • The Company also announced plans to expand the clinical trial infrastructure to include up to an additional 20 clinical research centers.
  • "Given the compelling evidence demonstrating cannabidiol's anti-inflammatory and cardiopulmonary protective properties, we believe CardiolRx has the potential to reduce the number of cardiopulmonary complications associated with COVID-19 infection," said Andrew Hamer, Chief Medical Officer of Cardiol Therapeutics.
  • Price Action: CRDL shares are trading 0.01% lower at $1.68 during the market session on the last check Tuesday.

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: BiotechNewsPenny StocksHealth CareFDAGeneralBriefsCOVID-19 Coronavirus