Odyssey Health, Inc. (ODYY) Reports Positive Findings On Pha...| MENAFN.COM

Sunday, 14 August 2022 06:13 GMT

Odyssey Health, Inc. (ODYY) Reports Positive Findings On Phase 1 Clinical Trials Of PRV-002 For Concussions


(MENAFN- Investor Brand Network)

  • No adverse reactions were reported in any of the healthy subjects enrolled in the Cohort II Phase 1 clinical trial of PRV-002
  • Company in talks with military training sites for Phase 2 and 3 clinical trials on concussed patients
  • The CDC estimates that approximately 1.6 to 3.8 million sports and recreation-related concussions occur annually, for which there is no FDA-approved treatment
  • The global concussion market size was valued at $6.8 billion in 2019. This value is expected to rise to $8.9 billion by 2027, growing at a CAGR of 3.6%

Odyssey Health (OTC: ODYY) , a medical company focused on unique, life-saving medical products that offer clinical advantages to unmet clinical needs, has announced positive safety findings from Cohort II of their Phase 1 clinical trial. The company's Phase 1 trial involves the administration of PRV-002, Odyssey's novel treatment for concussions, to healthy human subjects. Findings from Cohort II have indicated that the drug is safe and well-tolerated amongst the subjects. Conducted at Nucleus Network, a leading clinical research organization, Cohort II was unblinded and evaluated by the Safety Review Committee. 

Cohort II was conducted using six healthy human volunteers, each receiving either one dose of PRV-002 or a placebo. These were followed up by evaluations looking for abnormal responses, which concluded no adverse effects were reported, and the drug was well tolerated. Evaluations included vital sign monitoring…

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NOTE TO INVESTORS: The latest news and updates relating to ODYY are available in the company's newsroom at 

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