IQAI.L

IQ-AI Limited
IQ-AI Limited - IB Announces Expanded Access Program for GaM
2nd May 2024, 11:47
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 0442N
IQ-AI Limited
02 May 2024
 

IQ-AI Ltd

("IQ-AI" or the "Company")

 

Imaging Biometrics Announces Expanded Access Program for Oral Gallium Maltolate

Company initiating program based on phase 1 tolerability and safety results

 

Imaging Biometrics, LLC (IB), a wholly owned subsidiary of IQ-AI Ltd (LSE: IQAI), has received FDA approval to proceed with an Expanded Access Program (EAP) for its lead therapeutic candidate, gallium maltolate (GaM). The EAP is for adult patients with recurrent/refractory glioblastoma who meet certain program eligibility criteria.

 

EAPs are regulated by the Food and Drug Administration (FDA) and allow patients who are otherwise not eligible for clinical trials to have access to potential therapies ahead of regulatory approval. In the case of a serious condition or life-threatening disease for which there are no viable treatment options, and where a clinical trial is not an option for a patient, a doctor can prescribe an unapproved therapy through an FDA EAP.

 

"Considering the dismal prognosis of high-grade brain tumors, and following the encouraging safety profile and tolerance demonstrated in the ongoing phase 1 clinical trial at the Medical College of Wisconsin, we believe it is appropriate to initiate an EAP.  This will enable more patients to potentially benefit from the treatment," said Trevor Brown, CEO of IQ-AI.

 

 

--ENDS-

 

The Directors of the Company accept responsibility for the contents of this announcement.

 

For further information, please contact:

 

IQ-AI Ltd

Trevor Brown/Vinod Kaushal/Brett Skelly/Michael Schmainda

Tel: 020 7469 0930

Peterhouse Capital Limited (Financial Adviser and Broker)

Lucy Williams/Heena Karani

Tel: 020 7220 9797

 

About Imaging Biometrics® LLC IB is a wholly owned subsidiary of IQ-AI Limited, (LON: IQAI), and focuses on delivering quantitative imaging platforms and therapeutics that transform how clinicians diagnose and treat patients more efficiently and effectively. For more information about Imaging Biometrics, visit the company's website at www.imagingbiometrics.com. Follow IB on Twitter, @IQAI_IB.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
STRDZGGKMZKGDZM]]>
TwitterFacebookLinkedIn