Australian clinical-stage drug development company Noxopharm Limited (ASX:NOX) is pleased to announce the enrolment and treatment of the first patient into the Phase 1 NOXCOVID-1 study examining the potential use of Veyonda® in blocking the rapid progression of COVID19 disease from moderate to severe level.
Most COVID-19 patients hospitalised with moderate lung dysfunction requiring low oxygen support recover uneventfully. However, a proportion progress into requiring intensive care and mechanical ventilation, with that proportion rising with increasing age and incidence of co-diseases such as diabetes.
The aim of the NOXCOVID-1 study is to test the ability of Veyonda® to stop that deterioration in high-risk patients both safely and effectively.
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