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              Paradigm Biopharmaceuticals

              • Development Update

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              AUSTRALIA Australia

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              Outsourcing in Clinical Trials

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              Paradigm Biopharmaceuticals has Clear Path Towards Zilosul® OA Phase 3 Clinical Trial and Product Registration in Europe

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              Lead Product(s): Pentosan Polysulfate Sodium

              Therapeutic Area: Musculoskeletal Product Name: Zilosul

              Highest Development Status: Phase III Product Type: Small molecule

              Partner/Sponsor/Collaborator: Not Applicable

              Deal Size: Not Applicable Upfront Cash: Not Applicable

              Deal Type: Not Applicable September 28, 2020

              Details:

              Positive feedback has been received from European Medicines Agency after Paradigm’s recent Scientific Advice meeting, a key regulatory milestone which supports and validates the company’s clinical development and commercialisation plans for Zilosul® in Europe.

              Paradigm Biopharmaceuticals

              • Deals

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              AUSTRALIA Australia

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              Outsourcing in Clinical Trials

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              Paradigm Biopharmaceuticals has Significant Clarity on Development Pathway for Zilusol

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              Lead Product(s): Pentosan Polysulfate Sodium

              Therapeutic Area: Musculoskeletal Product Name: Undisclosed

              Highest Development Status: Phase III Product Type: Small molecule

              Partner/Sponsor/Collaborator: Bell Potter Securities

              Deal Size: $35.0 million Upfront Cash: Undisclosed

              Deal Type: Financing April 20, 2020

              Details:

              Proceeds will be applied to costs of the second phase 3 osteoarthritis (OA) clinical trial and leaves Paradigm fully-funded through to completion of this trial.

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