ZYNE - Zynerba Pharma rises 6% on positive data from Fragile X syndrome treatment trial
- Zynerba Pharmaceuticals ( NASDAQ: ZYNE ) said on Wednesday a comprehensive data review showed its therapy, Zygel, could treat Fragile X syndrome (FXS) based on the central role the endocannabinoid system in neuronal development and function.
- The company said cannabidiol could help restore the function of the endocannabinoid system (ECS) in FXS patients according to review of data.
- Fragile X syndrome is a rare genetic developmental disability that causes both inherited intellectual disability and autism spectrum disorder.
- "These findings bolster our confidence in the design of the ongoing, confirmatory, pivotl Phase 3 RECONNECT trial," the company said.
- ( ZYNE ) is trading ~6% higher before the bell.
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Zynerba Pharma rises 6% on positive data from Fragile X syndrome treatment trial