2024-01-31 09:03:48 ET
DENVER, Colo., Jan. 31, 2023 ( www.247marketnews.com )- Ensysce Biosciences, Inc. (NASDAQ: ENSC) stated, this morning, that it completed a constructive End of Phase 2 meeting with the Food and Drug Administration (FDA) regarding its lead ‘Next Generation’ analgesic, PF614, which facilitated an affirmation of Ensysce’s non-clinical program and enabled an exchange of constructive ideas regarding its Phase 3 clinical trial designs for PF614, expected enrollment in mid-2024.
Ensysce Biosciences is trading at $1.88, up $0.44 (+30.56%), on 6.9M shares traded.
Its 52-week range is $0.765 to $9.84. It hit a new 52-week low in late November and has been curling up since. This morning’s premarket high is $2.80.
Ensysce Biosciences is a clinical-stage company using its proprietary technology platforms to develop safer prescription drugs. Leveraging its Trypsin-Activated Abuse Protection (TAAP TM ) and Multi-Pill Abuse Resistance (MPAR®) platforms, the Company is developing unique, tamper-proof treatment options for pain that minimize the risk of both drug abuse and overdose. Ensysce’s products are anticipated to provide safer options to treat patients suffering from severe pain and assist in preventing deaths caused by medication abuse. The platforms are covered by an extensive worldwide intellectual property portfolio for a wide array of prescription drug compositions.
Website www.ensysce.com .
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(NASDAQ: ENSC) Higher on Positive End of Phase 2 FDA Meeting