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Adamis Pharma's Tempol Decreases COVID-19 Related Lung Inflammation In Animal Studies

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Adamis Pharmaceuticals Corp (NASDAQ: ADMP) has reported positive data from lab studies conducted in animal models.

  • The study showed that Tempol-treated hamsters challenged with COVID-19 infection achieved decreased inflammation in the lungs compared to controls.
  • The group plans on submitting the publication to a peer-review journal.
  • Recently, the FDA cleared Adamis to proceed with a Phase 2/3 study to examine the effects of Tempol on preventing COVID-19 related hospitalization.
  • Price Action: ADMP shares are trading 9.6% higher at $1.14 in market trading hours on the last check Monday.
 

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Posted-In: Covid-19 Phase 2 Clinical TrialBiotech News Penny Stocks Health Care FDA General

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