Alba Therapeutics Corporation announced today it will initiate further clinical studies for patients diagnosed with celiac disease with their lead compound, larazotide acetate.
"Our most recent Phase IIb study, the largest trial with an investigational medication conducted in patients with celiac disease, was a randomized, double-blind, placebo controlled, dose ranging, multicenter study to determine the safety, tolerance and efficacy of larazotide acetate in 184 adults with controlled celiac disease during a gluten challenge. The data are promising and will be publicly presented at upcoming scientific meetings this spring," said Bruce Peacock, CEO of Alba Therapeutics. "Recently, Alba restructured to concentrate its efforts on advancing the clinical program for larazotide acetate, and we are now moving forward with initiating our next clinical trial in patients with celiac disease."
Additionally, Alba announced that Francisco Leon, MD, PhD has been promoted to Vice President and Chief Medical Officer. "I am very pleased to have Dr. Leon assume the responsibilities of CMO. His passion for developing a treatment for celiac disease is an inspiration to all Alba employees." Alba also announced that Dr. Linda Arterburn has been promoted to Vice President of Development. "Our team consists of a fine, talented group of people who are dedicated to help us meet the unmet medical needs of patients with celiac disease and other autoimmune and inflammatory diseases," said Bruce Peacock.