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Tuesday, March 18, 2008

Diamyd Medical, Authorization to Begin Phase III Study in the US

March 14, 2008 - Diamyd Medical announced that the FDA has given the Company permission to start a Phase III clinical study in type 1 diabetes patients in the US.
“We are eager to start this study and to be able to offer this promising drug to our newly diagnosed type 1 diabetes patients”, says Professor Jerry Palmer, University of Washington in Seattle, USA, who will be the Lead Investigator for the US study.
“We are extremely pleased with the regulatory process, that has now enabled us to go ahead with the Phase III trial in the US,” says Elisabeth Lindner, president and CEO of Diamyd Medical. “Over the past months we have received dozens of patient inquiries with requests to participate in our Phase III type 1 diabetes studies in the US and in Europe. It is very satisfying to be able to start the studies now.”... Diamyd Medical's Press Release -