Axcella (Nasdaq: AXLA), a clinical-stage biotechnology aggregation beat a new access to amusement circuitous diseases and beforehand bloom application autogenous metabolic modulator (EMM) compositions, today appear approval of the company’s aboriginal investigational new biologic (IND) filing and provided an amend on its artefact candidates, analysis and development activities and accepted milestones for 2021.
“The year 2020 was a time of amazing ability for Axcella as we appear absolute abstracts for our beforehand candidates, AXA1665 and AXA1125, and able for their afterwards date analytic trials,” said Bill Hinshaw, President and Chief Executive Officer of Axcella. “We are aflame to activate 2021 by announcement the approval of our aboriginal investigational new biologic (IND) filing, which enables us to beforehand AXA1665 into Phase 2 with a abundance of analytic abstracts aloof four years afterwards this applicant was designed. This validates our accelerated, awful abreast development approach, which enables us to de-risk candidates and aerate our resources. As we access what we apprehend to be a momentous 2021, our absorption is durably focused on analytic balloon beheading for our beforehand candidates and the amplification of our EMM agreement pipeline.”
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