24/7 Market News Snapshot 13 March, 2025 – COSCIENS Biopharma Inc. Common Stock (NASDAQ:CSCI)
DENVER, Colo., 13 March, 2025 (247marketnews.com) – (NASDAQ:CSCI) are discussed in this article.
COSCIENS Biopharma Inc. (CSCI), a life sciences innovator focused on developing a diversified range of cosmeceutical, nutraceutical, and pharmaceutical products, commenced trading today at $2.22, showcasing a significant increase to $3.018, marking a surge of 12.19%. The previous day’s close at $2.690 illustrates heightened investor interest, reflected in the current trading volume of 670,020 shares. This bullish momentum suggests robust buying pressure, likely fueled by favorable market sentiment and recent company developments, including the initiation of their Phase 2a clinical efficacy study for the novel compound Avenanthramides.
The AvenActive study, part of COSCIENS’ efforts to explore avenanthramides for managing inflammation-related conditions, is a key milestone for the company. Following promising results from Phase 1, which demonstrated a notable safety profile with no significant adverse clinical events among the 72 participants, the company has received the endorsement from the Data Safety and Monitoring Board to progress further.
The Phase 2a study is set to begin patient treatment on March 14, 2025, enrolling 20 participants with mild to moderate inflammation. This stage aims to evaluate the efficacy of two specific dosing regimens—480 mg and 960 mg per day—building on earlier findings regarding the compound’s bioactivities.
Dr. Jean-Claude Tardif, the principal investigator, expressed confidence in the study’s potential, stating that the results from Phase 1 establish a solid basis for evaluating the beneficial effects of avenanthramides in inflamed subjects. COSCIENS’ President and CEO, Gilles Gagnon, underscored the importance of this advancement, noting their focus on potential out-licensing and partnerships designed to elevate the company’s position in the realm of natural health and wellness solutions. Through these developments, COSCIENS Biopharma is poised to significantly impact patient care in inflammation management.
Related news for (CSCI)
- COSCIENS Biopharma Inc. Reconstitutes Board for Benefit of Shareholders
- COSCIENS Biopharma Inc. Acknowledges Receipt of Intended Director Nominations from Goodwood for the Upcoming Annual and Special Meeting of Shareholders
- COSCIENS Biopharma Inc. Appoints Global Consumer Products and Biosciences Executive, Anna Biehn as Chief Executive Officer
- COSCIENS Biopharma Inc. Reports Fourth Quarter and Full Year 2024 Financial Results and Provides a Corporate Update
- COSCIENS Biopharma Inc. Announces Receipt of Management Cease Trade Order