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FDA accepts Osteologix’s IND application for osteoporosis drug

Osteologix has announced that the FDA has accepted its investigational new drug application for its lead development candidate NB S101, for the treatment and prevention of osteoporosis.

NB S101, a dual acting bone agent, has a demonstrated ability to decrease resorption of bone while maintaining formation of new bone. The drug has been formulated as a convenient once-daily tablet.

Philip Young, Osteologix president and CEO, said: “This is an important step in the process of developing this exciting compound and we look forward to working with the agency as we prepare for the next clinical trials.”