Leading Indian pharma research company PNB Vesper Life science has received approval from the Drug Controller General of India (DCGI) to conduct phase-2b clinical trial of its propriety drug PNB-001 (GPP-Baladol) for testing in Covid-19 patients.
PN Balaram, CEO of PNB Vesper Life, claimed that PNB 001 may be the first New Chemical Entity in the world allowed for testing in Covid-19 patients. The company has filed the clinical trial application with the DCGI for the phase-2 clinical trials and the study will be completed in 60 days.