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US FDA IND approval triggers a further A$2M investment in Xenome.

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| September 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Chemical Business NewsBase - Australasian Biotechnology)

The US Food and Drug Administration's Center for Drug Evaluation and Research had approved Xenome Ltd's Investigational New Drug submission for the new pain drug, Xen2174. The approval stimulated another tranche investment of A$2 M from Queensland BioCapital Fund. The approval would also allow the company to start a human ...

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