World News: 12:30 GMT Wednesday 14th August 2019. [Avenue Therapeutics via Globe Newswire via SPi World News]
NEW YORK, Aug. 14, 2019 (GLOBE NEWSWIRE) -- Avenue Therapeutics, Inc. (NASDAQ: ATXI) (“Avenue”), a company focused on the development of intravenous (“IV”) tramadol for the U.S. market, today reported financial results and recent corporate highlights for the second quarter ended June 30, 2019.
“We recently reported positive data from our second pivotal Phase 3 trial of IV tramadol for the management of postoperative pain in patients following abdominoplasty surgery, which compared IV tramadol to placebo and an active-comparator arm of IV morphine,” said Lucy Lu, M.D., Avenue’s President and Chief Executive Officer. “We have successfully completed our Phase 3 program of IV tramadol for the management of postoperative pain and we are on track to submit a New Drug Application to the U.S. Food and Drug Administration by year-end.”
Globe Newswire: 12:30 GMT Wednesday 14th August 2019
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