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Adial Pharmaceuticals Provides Regulatory and Development Update

Adial Pharmaceuticals Provides - GuruFocus com

CHARLOTTESVILLE, Va., June 24, 2021 (GLOBE NEWSWIRE) Adial Pharmaceuticals, Inc. (NASDAQ: ADIL; ADILW), a clinical-stage biopharmaceutical company focused on the development of treatments for addictions, today announced that it has received correspondence related to its request for Fast Track Designation from the U.S. Food and Drug Administration (FDA) for its drug candidate, AD04, for the treatment of Alcohol Use Disorder (AUD) in pediatric patients and adult patients with Alcoholic Liver Disease (ALD) with select polymorphisms of the serotonin transporter and receptor genes. While AD04 is being developed and undergoing a pivotal Phase 3 trial to treat any adult with AUD with the targeted genetics, Adial believes AD04 holds the potential to effectively and safely treat AUD patients that are adolescents or have ALD.

Adial Pharmaceuticals Plans to Enter Genetic Testing Market

Adial Pharmaceuticals Plans to Enter Genetic Testing Market Following Allowance of U.S. Patent for Genetic Diagnostic Test The Company believes the genetic companion diagnostic test for AD04 for Alcohol Use Disorder represents a multi-billion dollar potential market opportunity June 22, 2021 09:55 ET | Source: Adial Pharmaceuticals, Inc Adial Pharmaceuticals, Inc CHARLOTTESVILLE, Va., June 22, 2021 (GLOBE NEWSWIRE) Adial Pharmaceuticals, Inc. (NASDAQ: ADIL; ADILW), a clinical-stage biopharmaceutical company focused on developing therapies for the treatment and prevention of addiction and related disorders, today announced plans to enter the genetic testing market after it received a Notice of Allowance from the U.S. Patent and Trademark Office related to use of the Company’s genetic diagnostic panel in combination with the Company’s lead product, AD04, for the treatment of Alcohol Use Disorder (AUD). The patent covered by the Notice of Allo

Adial Pharmaceuticals Provides Regulatory and Development Update

Adial Pharmaceuticals Provides Regulatory and Development Update
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