Entrada Therapeutics announced that it completed dosing for two cohorts for a Phase I study of an experimental Duchenne muscular dystrophy drug that it’s conducting in the UK while the US IND is still on hold.
In Wednesday’s update, Entrada said it provided additional information to the FDA, but the agency declined to lift the hold that was announced in December of last year. In an email to Endpoints News, the company said it would not share specific details on the hold in the US but noted that it expects the Phase I data from the UK to support a “global clinical trial strategy that will include the US.” Entrada’s stock $TRDA fell 24% on the news to below $13 a share.
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