Indaptus Therapeutics, Inc. (NASDAQ: INDP) saw its shares hesitate Monday, as the biotechnology company focused on discovering and developing transformative therapeutics for patients, announced that Atlanta, Ga.-based Emory Winship Cancer Institute has become a new clinical trial site for INDP-D101. INDP-D101 is the Company’s first-in-human, open label, dose escalation and expansion, multicenter Phase 1 clinical trial of its lead compound Decoy20 in patients with advanced/metastatic solid tumors. Emory has begun screening patients.
“Emory joining the INDP-D101 trial is both validation of the scientific concepts behind Decoy20 in early testing, as well as acknowledgement of the remaining unmet medical need, and the need for additional hope for patients with advanced solid tumors. Emory is a well renowned center, and we are grateful to include it among the other influential centers we have activated thus far. We hope to continue the pace at which we are activating trial sites in order to more rapidly advance the trial toward initial data points, which, in turn will continue to facilitate the development of what we believe is a potentially important innovation in the treatment of solid tumors,” said Jeffrey Meckler, Indaptus Therapeutics’ CEO.
The study’s objectives are to assess the safety and tolerability of Decoy20, to determine the maximum tolerated dose (MTD) and recommended phase 2 dose (RP2D), as well as to assess Decoy20 pharmacokinetics (PK), pharmacodynamics and clinical activity.
INDP lost just less than a cent to $1.68.
