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Manhattan psoriasis drug enters Phase II trial

Manhattan Pharmaceuticals has said that the first patient has received the initial dose in the Phase II study of its lead topical product candidate for psoriasis.

This study is designed to evaluate safety and preliminary efficacy of topical psoriasis drug, PTH (1-34). Approximately 54 subjects will be enrolled and randomized to receive one of two dose levels of topical PTH (1-34), or vehicle, for an eight week treatment period. In this study, the vehicle is the topical formulation without the active ingredient, PTH (1-34).

In September 2007, the FDA accepted Manhattan Pharmaceuticals’ corporate investigational new drug (IND) application for the company’s new formulation of topical PTH (1-34). In addition, the company has filed new patent applications in the US with respect to the new proprietary formulation.