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Adial Pharmaceuticals Targets $40B Addiction Market

Adial Pharmaceuticals acquires patent for genetic diagnostic tool to identify patients who may respond well to their lead drug AD04, expanding market potential in addiction treatment sector. Positive news for risk-tolerant investors.

by Mark Eisenberg
Tue, Feb 13, 2024 7:58pm
in Business
• 2 mins read
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Adial Pharmaceuticals Targets B Addiction Market | FinOracle

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Adial Pharmaceuticals Acquires Genetic Diagnostic Tool Patent for Addiction Treatment

Adial Pharmaceuticals, a specialized biopharmaceutical company focused on addiction treatment, has announced the acquisition of a new patent for a genetic diagnostic tool that complements their lead drug candidate, AD04. This drug is used for alcohol use disorder (AUD) and potentially opioid use disorder (OUD). The patent will protect the company’s ability to use its proprietary genetic diagnostic to identify patients who may respond well to AD04 based on specific genotypes. The successful results of the ONWARD Phase 3 trial, which demonstrated significant benefits for certain genotypes, preceded this exciting development.

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