ARS Pharmaceuticals Files for Approval of Experimental Allergic Reaction Treatment in Canada, UK

MT Newswires Live01-07

ARS Pharmaceuticals (SPRY) said Monday it has filed for approval of the neffy epinephrine nasal spray for the treatment of type I allergic reactions in Canada and the UK on behalf of its licensing partner, ALK-Abello.

The company said it is assessing its intranasal epinephrine technology to treat acute flares in patients with chronic urticaria. It intends to initiate a phase 2b clinical trial early this year.

ARS Pharmaceuticals also said its license deal with ALK will provide them exclusive rights for any new indication in the licensed territories under the agreement.

Shares of the company declined more than 1% in recent trading activity.

Price: 10.99, Change: -0.21, Percent Change: -1.83

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