Silo Pharma (SILO) said Tuesday that it has completed a pre-Investigational New Drug meeting with the US Food and Drug Administration to discuss the company's development plan for SPC-15, a potential treatment for post-traumatic stress disorder and stress-induced anxiety disorder.
The purpose of the meeting was for the company to coordinate with the FDA on a regulatory pathway for approval of SPC-15, Silo said.
Shares of the life sciences company were down more than 18% in recent Tuesday's premarket activity.
Price: 1.0100, Change: -0.22, Percent Change: -17.89
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