Cadila Healthcare has received approval from the US health regulator to carry out clinical trials of its new drug molecule, ‘ZYGK1’, aimed at treating diabetes.
The company got the approval by the United States Food and Drug Administration for an investigational new drug (IND) application for ZYGK1, Cadila Healthcare said in a filing to the Bombay Stock Exchange.
The company said it will now initiate Phase-I clinical trials for ZYGK 1. Phase-I clinical trials are the first step of testing the efficacy and possible side-effects of a molecule on a limited human sample.
The Zydus Cadila Chairman and Managing Director, Mr Pankaj R. Patel, said: “We have been building a promising pipeline of new molecular entities at the Zydus Research Centre.”
ZYGK1 is a new molecular entity (NME), which is a ‘potent and orally administered small molecule glucokinase activator’. In multiple pre-clinical models of Type 2 diabetes, ZYGK1 was found to be effective in controlling both fasting and non-fasting blood glucose, the company added.
A NME is a molecule developed by the innovator company in the early drug discovery stage, which after undergoing clinical trials could translate into a drug.
“We believe that these sustained efforts will help us address unmet healthcare needs in the focus areas of metabolic disorders and cardiovascular diseases,” Mr Patel added.
Meanwhile, the shares of Cadila Healthcare were being quoted at Rs 833.90 apiece in the afternoon trade on the BSE today, up 3.86 per cent from its previous close.
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