Starpharma (ASX:SPL) - CEO, Dr Jackie Fairley
CEO, Dr Jackie Fairley
Source: Dr Jackie Fairley/LinkedIn
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Starpharma (SPL) has found its antiviral VIRALEZE candidate is well tolerated and is not absorbed into the bloodstream during a recent clinical safety study
  • Forty volunteers used the product four times a day for 14 days as part of the randomised, double-blind, placebo-controlled study
  • Starpharma says the product “was well tolerated with no notable or serious adverse events reported”
  • Starpharma shares are trading 2.31 per cent higher at $1.33

Starpharma (SPL) has found its antiviral VIRALEZE candidate is “very well tolerated” and is not absorbed into the bloodstream during a recent clinical safety study.

The study sought to confirm the product was safe and well-tolerated when used on healthy volunteers and confirm that the dendrimer antiviral in VIRALEZE, SPL7013 was not absorbed into the bloodstream following nasal application.

Forty volunteers used the product four times a day for 14 days as part of the randomised, double-blind, placebo-controlled study.

Starpharma said the product “was well tolerated with no notable or serious adverse events reported” and also confirmed SPL7013 was not detected in the bloodstream after repeated nasal application.

Starpharma Chief Executive Officer, Dr Jackie Fairley, said the additional data demonstrated SPL7013’s safety profile.

“We are pleased to report that VIRALEZE was very well tolerated in the study,” she said.

“These data further support the suitability of VIRALEZE antiviral nasal spray for use in everyday situations as a preventative product where individuals may be at risk of exposure to respiratory viruses.”

Starpharma shares were trading 2.31 per cent higher at $1.33 at 1:28 pm AEST.

SPL by the numbers
More From The Market Online

BlinkLab partnership with US smart-tech Turning Pointe raises hopes for autism kids

BlinkLab partners with US-based Turning Pointe Autism Foundation for clinical study ahead of its FDA registration…

Little Green Pharma closely eyeing USA’s legal downgrade of Cannabis danger

Overnight, the Biden government did something sure to give their counterparts a stir – the USA…

OncoSil’s cancer device shows shrink in pancreatic tumours

OncoSil's cancer device shows shrink in pancreatic tumours at a study conducted at the Royal Adelaide…
The Market Online Video

Why Princeton Professor rates BlinkLab’s autism & ADHD screening app

In this interview with Sonia Madigan, Professor Sam Wang of Princeton University discusses the development and…