• Artelo Biosciences' ART26.12, a non-opioid drug, has successfully completed the safety review of its first cohort in a Phase 1 clinical trial.
• The Safety Review Committee recommended advancing to the next dose level, marking a significant step in developing a novel treatment for neuropathic pain.
• ART26.12, a selective FABP5 inhibitor, is being developed for chemotherapy-induced peripheral neuropathy, a condition affecting millions.
• The Phase 1 trial's next phase will involve more subjects and assess higher doses, with initial data expected in the first half of 2025.