- Caladrius Biosciences Inc (NASDAQ:CLBS) suspended patient enrollment in its Phase 2b FREEDOM Trial of Xowna for coronary microvascular dysfunction (CMD).
- As previously communicated, the pandemic impacted the enrollment in the FREEDOM Trial coupled with supply chain issues making enrollment much slower and challenging to accelerate.
- The FREEDOM trial enrolled approximately one-third of the targeted 105 patients, and at this rate, more than four years would likely be required to reach the primary endpoint follow-up at 6 months post-treatment for all subjects.
- Also Read: Caladrius Biosciences To Merge With Privately-Held Cend Therapeutics.
- Caladrius believes that this revised timeline is not viable for financial and commercial reasons and requires an alternative development plan.
- The company intends to conduct an interim analysis of the data from not less than the first 20 patients enrolled using the 6-month follow-up data to evaluate the efficacy and safety of Xowna in subjects with CMD and corroborate the ESCaPE-CMD study results.
- The interim analysis is expected to be completed in August 2022.
- Price Action: CLBS shares are up 2.17% during the premarket session on the last check Tuesday.
