Cardiol Therapeutics Inc.

Company Overview

Cardiol Therapeutics is a clinical-stage life sciences company focused on the research and clinical development of cannabidiol as an anti-inflammatory and anti-fibrotic therapy for treating cardiovascular diseases. 

The company brings together a wealth of research and development experience, advanced manufacturing capabilities, and a Management team, Board of Directors, and Scientific Advisory Board comprising business and thought leaders with extensive industry experience and expertise in commercializing prescription medicines.

Cardiol’s lead product candidate, CardiolRx™, is a pharmaceutically produced oral cannabidiol formulation being clinically developed for cardiovascular medicine. So, investing in Cardiol Therapeutics Inc Stocks can be a smart move. And, here, you can make sure of your decision to invest in Cardidol Stocks! 

The Corporation has also received Investigational

New Drug Application (“IND”) authorization from the United States Food and Drug Administration (“FDA”) to conduct a Phase II multi-national, randomized, double-blind, placebo-controlled trial designed to evaluate the efficacy and safety of CardiolRx™ in acute myocarditis. This disease remains an important cause of acute and fulminant heart failure. It is a leading cause of sudden cardiac death in people less than 35 years of age. The corporation believes there is a significant opportunity to develop CardiolRx™ as an orphan drug for treating acute myocarditis, for which there is currently no accepted standard of care.

The corporation has also received an IND authorization by the FDA to conduct a Phase II open-label pilot study designed to evaluate the tolerance and safety of CardiolRx™ in patients with recurrent pericarditis. The study will also assess the improvement in objective measures of disease and, during an extension period, assess the feasibility of weaning concomitant background therapy, including corticosteroids, while taking CardiolRx™. Recurrent pericarditis is the most common of pericardial diseases, with symptoms that include debilitating chest pain, shortness of breath, and fatigue. Further, up to 50% of patients with a recurrent episode of pericarditis experience more recurrences. Recurrent pericarditis is an orphan disease in the United States, making CardiolRx™ eligible for orphan drug status under the FDA’s Orphan Drug Designation program.

NASDAQ : CRDL
TSX : CRDL

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