Biodexa Announces Procurement Of First Patient In Phase 2 Study Of Tolimidone In Type 1 Diabetes

MIDATECH PHARMA PLC SPON ADS EACH REP 5 ORD +35.98%

MIDATECH PHARMA PLC SPON ADS EACH REP 5 ORD

BDRX

6.50

+35.98%

Biodexa Pharmaceuticals PLC ("Biodexa" or the "Company") (NASDAQ:BDRX), a clinical stage biopharmaceutical company developing a pipeline of innovative products for the treatment of diseases with unmet medical needs, today announced the recruitment of the first patient in a Phase 2 study of tolimidone in Type 1 Diabetes ("T1D").

The study is an Investigator Initiated Trial (IIT) conducted by the University of Alberta Diabetes Institute. The study will measure C-peptide levels (a marker for insulin) and HbA1c (a marker for blood glucose) after three months compared with baseline and the number of hyperglycemic events initially in 12 patients across three dose groups. The study may be expanded in due course.

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