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Spherix meets overseas CRO, moves to finalize phase 3 trial of Naturlose for diabetes

Published in Diabetes Week, April 17th, 2006

Spherix Incorporated (SPEX) announced that its CEO, its BioSpherix Division research manager, and its consultant, Environ International, Inc., returned from overseas meetings with staff members and inspected facilities of a clinical research organization.

An agreement for a multinational phase 3 clinical trial of Spherix's Naturlose as a type 2 diabetes drug is being finalized. Preliminary work is underway and patient recruitment is expected to begin before year-end.

Last November, the U.S. Food and Drug Administration (FDA) approved the phase 1 and phase 2 clinical trial data submitted by Spherix, and authorized the Phase 3 clinical trial in...

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