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Peter Lougheed Centre Joins the Phase II Trial of LSALT Peptide for the Treatment of ...


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Peter Lougheed Centre Joins the Phase II Trial of LSALT Peptide for the Treatment of .
Arch BiopartnersFebruary 26, 2021 GMT
TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) Arch Biopartners Inc. (“Arch” or the “Company”) (TSX Venture: ARCH and OTCQB: ACHFF), announced today that the Peter Lougheed Center (PLC) in Calgary, Alberta has joined the Phase II trial of its lead drug LSALT peptide (Metablok), targeting the prevention of acute lung injury, acute kidney injury, and other complications caused by inflammation in hospitalized patients with moderate to severe cases of COVID-19. ....

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Arch Biopartners Receives Government of Canada Funding to Support Phase II Therapeutic Trial of Metablok for COVID-19


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Government of Canada contribution up to $6.7 Million
Funding from the department of Innovation, Science and Economic Development through the Strategic Innovation Fund and part of the Government of Canada s Plan to Mobilize Science to fight COVID-19
Metablok is a novel Canadian drug candidate designed to prevent organ inflammation, which occurs in severe cases of COVID-19
TORONTO, Dec. 15, 2020 (GLOBE NEWSWIRE) Arch Biopartners Inc. ( Arch or the Company ) (TSXV:ARCH, OTCQB:ACHFF), a clinical stage company developing new drug candidates for treating organ damage caused by inflammation, announced today that the Government of Canada has awarded a contribution of up to $6.7 million from the department of Innovation, Science and Economic Development (ISED) to support the Phase II development of Metablok (LSALT Peptide), the Company s therapeutic drug candidate to prevent organ inflammation and injury in patients hospitalized with COVID-19. ....

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