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About ADIAL PHARMACEUTICALS, INC.
Adial Pharmaceuticals, Inc. operates as a clinical stage biopharmaceutical company, which focuses on the treatment of alcohol use disorder. The company is headquartered in Charlottesville, Virginia and currently employs 4 full-time employees. The company went IPO on 2018-07-27. The firm is focused on the development of treatments for addictions and related disorders. The Company’s lead investigational new drug product, AD04, is a genetically targeted, serotonin-3 receptor antagonist, therapeutic agent for the treatment of Alcohol Use Disorder (AUD) in heavy drinking patients. AD04 is investigated in the Company’s ONWARD pivotal Phase III clinical trial for the treatment of AUD in subjects with certain target genotypes (estimated to be approximately one-third of the AUD population) identified using the Company’s companion diagnostic genetic test. AD04 is also used for the treatment of other addictive disorders, such as Opioid Use Disorder, obesity, smoking, and other drug addictions. The Company’s wholly owned subsidiary is Purnovate, Inc.
Industry: Pharmaceutical Preparations Peers: Emmaus Life Sciences, Inc. AGILE THERAPEUTICS INC ARTELO BIOSCIENCES, INC. Barrel Energy Inc. Cingulate Inc. GB SCIENCES INC JOHNSON & JOHNSON Petros Pharmaceuticals, Inc.
