Co. Meets Goals in COVID Drug Trial

January 31, 2022

Source: Streetwise Reports   01/28/2022

Todos Medical has closed a Phase 2 trial of its antiviral 3CL protease inhibitor Tollovir after getting positive interim data.

Todos Medical (TOMDF:OTCQB) announced positive interim data for its antiviral 3CL protease inhibitor Tollovir in its Phase 2 clinical trial for the treatment of critically hospitalized COVID-19 patients.

The “future appears very bright for TOMDF investors.”

—Vision and Value, Sector Expert


Free Reports:

Sign Up for Our Stock Market Newsletter – Get updated on News, Charts & Rankings of Public Companies when you join our Stocks Newsletter





Get our Weekly Commitment of Traders Reports - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.





The drug met the study’s primary goal of reducing time to clinical improvement and also met several other key goals, including reducing the overall number of COVID-19 deaths, Todos Medical and joint venture partner NLC Pharma Ltd. said.

Because of the positive data, Todos Medical has formally closed the Phase 2 trial. Tollovir will now also be permitted on a compassionate use basis at Shaare Zedek Medical Center in Jerusalem.

“The recent emergence of the Omicron variant has been pushing healthcare systems to the brink of collapse,” said Dr. Dorit Arad, founder and chief technology officer of NLC Pharma. “Tollovir could be an incredibly powerful tool to reduce death and stabilize patients faster, thereby reducing their recovery time from this debilitating disease. Tollovir will help flatten the curve by freeing up hospital capacity to see more patients and perform other more routine non-COVID related hospital treatments.”

Todos Medical President and Chief Executive Officer Gerald E. Commissiong said the companies were in the process of fine tuning clinical study protocols for additional studies needed for emergency use.

“We have already begun preparing manufacturing for commercial quantities of Tollovir so that we will be able to deliver shipments in jurisdictions where we expect to be granted accelerated Emergency Use Authorization (EUA),” Commissiong said. “Our goal is to immediately target EUA in jurisdictions that will require limited additional clinical data.”

Tollovir is also being developed for the treatment of pediatric COVID-19 hospitalizations, moderate to severe adult outpatient COVID-19, moderate to severe pediatric outpatient COVID-19, adult Long COVID, and pediatric Long COVID, Commissiong said.

According to one sector expert, the “future appears very bright for TOMDF investors.” Click here for additional insight from Vision and Value.

Disclosures:

1) Steve Sobek compiled this article for Streetwise Reports LLC. He or members of his household own securities of the following companies mentioned in the article: None. He or members of his household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Todos Medical. Click here for important disclosures about sponsor fees. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
3) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.
4) This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports’ terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.
6) This article does not constitute medical advice. Officers, employees and contributors to Streetwise Reports are not licensed medical professionals. Readers should always contact their healthcare professionals for medical advice.

InvestMacro

Share
Published by
InvestMacro

Recent Posts

COT Soft Commodities Charts: Large Speculator bets led by Corn & Soybean Oil

By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT)…

6 hours ago

COT Stock Market Charts: Speculator Bets led by MSCI EAFE & VIX

By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT)…

7 hours ago

Speculator Extremes: Lean Hogs, Ultra T-Bonds, US Dollar & 5-Year lead Bullish & Bearish Positions

By InvestMacro The latest update for the weekly Commitment of Traders (COT) report was released…

14 hours ago

The Dollar Index strengthened on Powell’s comments. The Bank of Mexico cut the rate to 10.25%

By JustMarkets The Dow Jones (US30) decreased by 0.47% on Thursday. The S&P 500 Index…

2 days ago

EURUSD Faces Decline as Fed Signals Firm Stance

By RoboForex Analytical Department EURUSD plunged to a six-month low of 1.0543 on Friday amid…

2 days ago

Week Ahead: Will Nvidia earnings seal stock’s 200% jump in 2024?

By ForexTime Nvidia: world’s largest company with US$3.6 trillion market cap Shares already soared 196.3% so…

2 days ago

This website uses cookies.