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Zynerba Pharmaceuticals well-funded for its CBD clinical trials into 2021

Zynerba Pharmaceuticals Inc (NASDAQ:ZYNE) CEO Armando Anido tells Proactive Investors the Pennsylvania-based biotech has $59.8 million to fund clinical trials for its cannabis-derived treatments 'beyond major milestones' into 2021.

Zynerba is on track to report top-line results from tests of its Zygel, a CBD gel treatment for children and adolescents with Fragile X syndrome. Anido says the results are expected by the second half of 2019.

Quick facts: Zynerba Pharmaceuticals

Price: 6.73 USD

NASDAQ:ZYNE
Market: NASDAQ
Market Cap: $156.12 m
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