CohBar Provides Update on CB4211 Phase 1b Study for NASH and Obesity
CohBar, Inc. (CWBR)
NASDAQ:AMEX Investor Relations:
ir.cohbar.com
Company Research
Source: GlobeNewswire
MENLO PARK, Calif., March 30, 2020 (GLOBE NEWSWIRE) -- CohBar, Inc. (NASDAQ: CWBR), a clinical stage biotechnology company developing mitochondria based therapeutics to treat chronic diseases and extend healthy lifespan, today announced that it is anticipating delays in the completion of its CB4211 Phase 1b study for NASH and obesity. This delay is a result of a pause by some of the company’s clinical research organization partners in all of their activities related to the study in response to the COVID-19 pandemic and the advice of the CDC and local authorities. Given the uncertainties around this unprecedented pandemic and its impact on the Phase 1b clinical study activities, including enrollment of subjects, the company is unable to provide additional guidance at this time. “Conducting trials during the COVID-19 pandemic is an industry wide challenge, and the health and safety of patients and medical staff must come first,” stated Steven Engle, CEO. “It is a very dynamic situ
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