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Adamis Surges After Submitting Covid Drug to FDA

NASDAQ:ADMP   None
Adamis Pharmaceuticals Announces IND Submission to FDA for Tempol for the Treatment of COVID-19

announced today the submission of an Investigational New Drug (IND) to FDA for the investigational use of Tempol for the treatment of Coronavirus (COVID-19).

The submission of the IND to FDA followed a Pre-IND meeting with FDA in which FDA gave specific recommendations on Chemistry, Manufacturing and Controls (CMC) and Clinical aspects to be included in the IND. The Company plans to seek government and/or non-government funding to study the treatment and prevention of COVID-19 with Tempol.

Tempol has demonstrated both potent anti-inflammatory, anticoagulant, and antioxidant activity.

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