• Avenue Therapeutics expects topline data from its Phase 1b/2a trial of AJ201 for spinal and bulbar muscular atrophy around year-end 2024.
• The Phase 1b/2a trial enrolled 25 patients to evaluate the safety and tolerability of AJ201 at 600 mg/day versus placebo.
• Avenue Therapeutics' Q3 2024 R&D expenses increased to $2.3 million, while the company reported a net loss of $3.1 million.
• Pending additional financing, Avenue plans to initiate a Phase 2a trial for BAER-101 in epilepsy and a Phase 3 safety study for IV tramadol.