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Paradigm Biopharma (ASX:PAR) has engaged a Scandinavian entity called Nordic Bioscience Clinical Development to expand the scope of its Phase Three trial using its flagship product to treat osteoarthritis in knee joints.
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As part of the NBCD engagement, Paradigm is expanding its Phase III to Moldova and Hong Kong, with the latter jurisdiction seeing the trial streamlined under that region’s “1+” regulatory pathway.
The Moldova sites, meanwhile, Paradigm reports, offer access to medical infrastructure and “a patient population suited to OA studies.”
On Wednesday, Paradigm cited NBCD’s “deep expertise in musculoskeletal and osteoarthritis trials,” with NBCD having previously led OA trials.
All in all, the Phase III trials have seen 60 sites globally activated, with Hong Kong and Moldova to go live in December; recruitment kicks off in January 2026.
“NBCD brings deep musculoskeletal and OA trial experience, and the addition of these strategically chosen sites strengthens both the scientific and operational foundations of our pivotal Phase 3 program,” PAR Chief Medical Officer Dr Donna Skerrett said.
“We are pleased to welcome NBCD as a partner working alongside Advanced Clinical and our internal clinical operations team…Hong Kong, in particular, provides a meaningful bridge to the Greater Bay Area under the new ‘1+’ framework, creating future regulatory and commercial optionality.”
PAR last traded at 38.5cps; YTD returns are up +70%.
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