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Details:
The pilot study showed that vocacapsaicin, administered during surgery at a dose of 24 mg (0.3 mg/mL solution), reduced pain after coughing by 46% compared to the placebo control during the first 96 hours after surgery (p=0.02).
Lead Product(s): Vocacapsaicin
Therapeutic Area: Gastroenterology Product Name: CA-008
Highest Development Status: Phase IIProduct Type: Small molecule
Partner/Sponsor/Collaborator: Not Applicable
Deal Size: Not Applicable Upfront Cash: Not Applicable
Deal Type: Not Applicable March 30, 2022
Details:
The company has entered into a formal agreement with Evolution Research Group (ERG), a leading postsurgical pain clinical research site network in the U.S., to conduct its registration trials with CA-008 (vocacapsaicin).
Lead Product(s): Vocacapsaicin,Ketorolac Trometamol,Paracetamol
Therapeutic Area: Neurology Product Name: CA-008
Highest Development Status: Phase IIProduct Type: Small molecule
Partner/Sponsor/Collaborator: Evolution Research Group
Deal Size: Undisclosed Upfront Cash: Undisclosed
Deal Type: Agreement February 02, 2022
Details:
URMC will participate in the vocacapsaicin Phase 3 clinical trials and develop innovative methods to capture vocacapsaicin’s benefit to patient recovery and rehabilitation.
Lead Product(s): Vocacapsaicin,Ketorolac Trometamol,Paracetamol
Therapeutic Area: Neurology Product Name: CA-008
Highest Development Status: Phase IIProduct Type: Small molecule
Partner/Sponsor/Collaborator: University of Rochester Medical Center
Deal Size: Undisclosed Upfront Cash: Undisclosed
Deal Type: Collaboration February 02, 2022
Details:
Concentric intends to use the proceeds from the financing to further fund Phase 3 development activities for vocacapsaicin, its lead therapeutic candidate for postsurgical pain.
Lead Product(s): Vocacapsaicin,Ketorolac Trometamol,Paracetamol
Therapeutic Area: Neurology Product Name: CA-008
Highest Development Status: Phase IIProduct Type: Small molecule
Partner/Sponsor/Collaborator: Undisclosed
Deal Size: $20.0 million Upfront Cash: Undisclosed
Deal Type: Financing January 26, 2022