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4D Pharma’s Blautix “safe and well-tolerated”

The pharmaceutical firm has successfully completed phase I clinical trials for its IBS treatment Blautix

A scientist testing some samples in a lab
Phase I trials typically only assess the safety of a new drug and not its effectiveness

Biotherapeutics firm 4D Pharma PLC (LON:DDDD) Irritable Bowel Syndrome (IBS) treatment, Blautix has passed a phase I clinical trial.

“We have shown Blautix to be safe and well tolerated,” said chief executive Duncan Peyton.

“This trial is providing patient samples that will give the company a better understanding of what is happening in IBS patients undergoing the treatment of Blautix.”

4D is now analysing the samples and data from the trials in greater detail to help develop its understanding of Blautix and to help design the next round of trials.

Phase I trials assess the safety of the drug. The next stage, phase II, is the first test of a new treatment’s efficacy.

Shares rose 19.5p or 2.4% to 850p.

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Price: 94.75 GBX

AIM:DDDD
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