newsFebruary 13, 2012
Allon’s Data Safety Monitoring Board recommends continuation of pivotal clinical trial
VANCOUVER, B.C. — Allon Therapeutics Inc.(TSX: NPC) President and CEO Gordon McCauley will present an update of the Company’s progress on Tuesday, February 14th at the 14th Annual BIO CEO & Investor Conferencein New York City. During that presentation, McCauley will also discuss the latest review of the Company’s on-going pivotal trial in progressive supranuclear palsy (PSP) by the independent Data Safety Monitoring Board (DSMB) and its recommendation to continue the study.
The DSMB recently completed its third review and unanimously recommended continuing the trial without any change or modification to the protocol. A DSMB is a group of clinical experts with the primary responsibility of monitoring the safety and well-being of subjects and to assure scientific integrity of the study. A DSMB is independent of the company and the clinical investigators, who are blinded from the safety and efficacy data until all treatment has been completed.
McCauley’s presentation will include an update of the Company’s programs, including its fully enrolled pivotal clinical trial evaluating its lead neuroprotective drug candidate, davunetide, as a potential treatment for PSP, a rapidly progressing and fatal degenerative brain disease.
BIO CEO & Investor Conference is the biotechnology industry’s largest conference focused on publicly traded companies. In addition to public presentations to biotechnology executives, institutional investors and investment analysts, the conference facilitates private one-on-one partnering discussions and investor meetings.