Clinical Trials Begin for Zogenix, Inc. (ZGNX) Relday Product Candidate for the Treatment of Schizophrenia
Yesterday, Zogenix announced it has initiated its first IND clinical trial for Relday, a product candidate for treating schizophrenia that is based on a combination of the company’s DosePro needle-free, subcutaneous drug delivery system and a proprietary subcutaneous, once-monthly formulation of risperidone. The Relday phase 1 clinical trial is a single-center, open label, safety and pharmacokinetic trial that will enroll 30 patients with chronic, stable schizophrenia, or schizoaffective disorder. The company anticipates the study results will be available by the end of 2012. Additional study information is available at www.clinicaltrials.gov, reference NCT01592110. Relday represents a significant opportunity for Zogenix to…