ADMP - Adamis' COVID treatment gets OK to proceed in phase 2/3 from DSMB
A Data Safety Monitoring Board has determined that Adamis Pharmaceuticals' (NASDAQ:ADMP) phase 2/3 trial for its COVID-19 candidate tempol can continue without any changes. Shares are up 5% in premarket trading. The decision was reached following an evaluation of an interim analysis of efficacy and safety data. Adamis (ADMP) said that tempol can also potentially be used for influenza and respiratory syncytial virus. The company recently announced that its board chairman will retire in April.
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Adamis' COVID treatment gets OK to proceed in phase 2/3 from DSMB