Lipella Pharmaceuticals Enrolling First Patients for LP-310 Phase 2a Trial

July 29, 2024

DENVER, Colo., Jul 29, 2024 (247marketnews.com)- Lipella Pharmaceuticals Inc. (Nasdaq:LIPO) is enrolling the first patients in its multi-center Phase 2a clinical trial evaluating LP-310 for the treatment of Oral Lichen Planus (OLP), which affects over 6 million Americans.

Lipella’s CEO, Dr. Jonathan Kaufman, stated, “We are very pleased with the rapid pace of site activation, and the enrollment of our initial patients marks a pivotal milestone for both the company and the patient community suffering from this debilitating condition. This achievement reinforces our mission to redefine treatment paradigms for Oral Lichen Planus. With LP-310’s innovative approach to targeting disease mechanisms, we are excited about the potential to deliver a transformative therapy, alleviating symptoms and improving patient outcomes significantly.”

Dr. Michael Chancellor, Lipella’s Chief Medical Officer, followed, “We have heard the urgency for new effective OLP therapies from patients, clinicians and advocacy groups. OLP not only induces debilitating physical symptoms but also poses risks of serious complications. LP-310’s potential to mitigate these challenges represents a significant advancement in therapeutic options.”

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