Mid-stage study on go for Evelo's EDP1815 for COVID-19

May 07, 2020 8:38 AM ETEvelo Biosciences, Inc. (EVLO) StockEVLOBy: Douglas W. House, SA News Editor
  • Evelo Biosciences (NASDAQ:EVLO) announces that investigators at Rutgers University and Robert Wood Johnson University Hospital have submitted an IND to the FDA for a Phase 2 clinical trial evaluating lead candidate EDP1815 in newly diagnosed COVID-19 patients.
  • The Rutgers Institute for Translational Medicine and Science and the New Jersey Alliance for Clinical and Translational Science will conduct the study.
  • The company is evaluating EDP1815, an orally administered monoclonal strain of a gut bacterium called Prevotella histicola, in atopic dermatitis and psoriasis.
  • Shares up 25% premarket on light volume.

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