Fortrea inks deal with Australia’s Incannex for sleep apnea drug trial

27 Jul 2023
www.fiercebiotech.com
Phase 3Phase 2
Fresh off its spinoff from Labcorp, CRO Fortrea has signed a deal with Incannex Healthcare to manage clinical trials for a cannabinoid-based treatment for obstructive sleep apnea.
Fortrea has inked a deal wiLabcorpralia’Fortreanex Healthcare to manageIncannex Healthcaredrug (IND) clinical trials for a cannabinoid-based treatment for obstructive sleep apnea.
Fortrease 2 and phase 3 trials will be desIncannex Healthcareannex’s IHL-42X, a low dose of the anti-nausea drug dronabinol, a synthetic form of tetrahydroobstructive sleep apneahe diuretic acetazolamide.
A fairly common condition, obstructive sleep apnea causes Incannexs oIHL-42Xhroat to relax and narrownauseag sleedronabinolpting normal breathingtetrahydrocannabinol (THC)y interrupted sleepacetazolamideere cases, the condition can temporarily stop breathing during sleep.
Fortrea—the CRO spinoff froobstructive sleep apneay engaged in a 12-week operational feasibility study of the trial that was provided to potential investigators to gauge their interest, the company said in a July 18 press release. While 63 sites said they were interested, Incannex is targeting 45 for the study.
Fortreaa’s familiarity with tLabcorpy and established relationships with potential trial sites will expedite the study start-up and site engagement activities,” Joel Latham, Incannex chief executive and managing director, said in the release.Incannex
Labcorp announced plans last July to spin off its CRO operations into an independent, publicly traded company dubbed Fortrea. While under the Labcorp umbrella, the division rIncannex billion in revenue in 2022, accounting for between 15% to 20% of Labcorp’s central lab business.
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