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12/15/20 12:50 PM

#2553 RE: tykundegex #2552

RedHill Biopharma's opaganib shows encouraging action in animal study

Dec. 15, 2020 10:51 AM ETRedHill Biopharma Ltd. (RDHL)By: Vandana Singh, SA News Editor

RedHill Biopharma (RDHL +3.9%) has announced promising preliminary results from a preclinical study within which opaganib, an orally administered sphingosine kinase 2 selective inhibitor, demonstrated a reduction of thrombosis (blood clotting) in an acute respiratory distress syndrome (ARDS) animal models.

Opaganib has also been shown to inhibit SARS-CoV-2 viral replication as well as pro-inflammatory markers in relevant preclinical models.

Top-line data from an ongoing global Phase 2/3 study of opaganib in patients with severe COVID-19, is expected in Q1/2021 with potential global emergency use applications to follow.