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Market Impact: 0.2

Addex Reports Strong Anti-Tussive For GABAB PAM Candidate

ADXN
Healthcare & BiotechTechnology & InnovationCompany Fundamentals

Addex Therapeutics reported robust anti-tussive activity for its novel GABAB positive allosteric modulator in a non-human primate chronic cough model. The result supports the asset's preclinical efficacy signal and is a constructive development for the company's pipeline. Market impact is likely limited unless followed by additional efficacy, safety, or clinical trial data.

Analysis

Addex Therapeutics reported robust anti-tussive activity for its novel GABAB positive allosteric modulator in a non-human primate chronic cough model. The result supports the asset's preclinical efficacy signal and is a constructive development for the company's pipeline. Market impact is likely limited unless followed by additional efficacy, safety, or clinical trial data.

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