- BioXcel Therapeutics Inc (NASDAQ: BTAI) initiated the Phase 2 PLACIDITY trial evaluating BXCL501 to treat delirium-related agitation.
- The 20 subject-trial is designed to evaluate the safety, efficacy, and pharmacokinetics of BXCL501 in intensive care unit adult patients experiencing delirium-related agitation, including COVID-19 patients.
- The primary endpoint is reducing agitation measured by at least a 2-point drop in agitation scale at two hours post-BXCL501 administration.
- The secondary endpoint is the earliest time at which a 2-point drop is seen after BXCL501 administration.
- An exploratory endpoint of this trial will be to determine the overall clinical improvement after drug administration.
- Topline results from the study expected in the first quarter of 2022.
- BXCL501 is an orally dissolving thin film formulation of dexmedetomidine, a selective alpha-2a receptor agonist for the treatment of agitation and opioid withdrawal symptoms.
- Price Action: BTAI is up 1.3% at $57.72 in market trading hours on the last check Thursday.
BTAIBioXcel Therapeutics Inc
$1.80-2.70%
Edge Rankings
Momentum
1.21
Growth
-
Quality
-
Value
26.23
Price Trend
Short
Medium
Long
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