Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / articles / adial pharmaceuticals awarded notice of allowance fo mwn benzinga


ADILW - Adial Pharmaceuticals Awarded Notice of Allowance for Key Patent Combining Use of the Company's Proprietary Genetic Diagnostic with AD04 to Treat Alcohol and Drug Dependence | Benzinga

  • CHARLOTTESVILLE, Va., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Adial Pharmaceuticals, Inc. (NASDAQ:ADIL, ADILW)) ("Adial" or the "Company"), a clinical-stage biopharmaceutical company focused on developing therapies for the treatment and prevention of addiction and related disorders, today announces it has been awarded a key patent combining the use of the Company's proprietary genetic diagnostic to detect select genotypes for genetically target treatment of alcohol use disorder (AUD) and opioid use disorder (OUD) with the Company's lead investigational new drug product AD04.

    "This patent marks another important milestone in our pursuit to provide tailored, more effective treatments for individuals grappling with AUD and OUD," stated Cary Claiborne, CEO of Adial Pharmaceuticals. "By combining our novel genetic diagnostic with AD04, a potentially transformative therapy for those battling AUD and OUD, we aim to optimize therapeutic outcomes, ensuring that patients receive the most suitable treatment for their unique genetic profile."

    The recently awarded patent further enhances Adial Pharmaceuticals' position at the forefront of personalized medicine in addiction therapy. Recognizing that every patient's genetic makeup is different, the proprietary diagnostic tool is designed to predict which patients are most likely to benefit from AD04 treatment.

    "This patent is a further testament to our commitment to harnessing cutting-edge science for the betterment of countless lives affected by addiction. By understanding the genetic factors that play a role in addiction, we believe we can pave the way for treatments that are more effective and have fewer side effects," concluded Mr. Claiborne.

    About Adial Pharmaceuticals, Inc.

    Adial Pharmaceuticals is a clinical-stage biopharmaceutical company focused on the development of therapies for the treatment and prevention of ...

    Full story available on Benzinga.com

  • Stock Information

    Company Name: Adial Pharmaceuticals Inc Warrant
    Stock Symbol: ADILW
    Market: NASDAQ
    Website: adialpharma.com

    Menu

    ADILW ADILW Quote ADILW Short ADILW News ADILW Articles ADILW Message Board
    Get ADILW Alerts

    News, Short Squeeze, Breakout and More Instantly...