Welcome to our dedicated page for Raphael Pharm news (Ticker: RAPH), a resource for investors and traders seeking the latest updates and insights on Raphael Pharm stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Raphael Pharm's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Raphael Pharm's position in the market.
Raphael Pharmaceutical (OTCQB: RAPH) announced positive proof-of-concept clinical study results for its cannabinoid-based formula treating rheumatoid arthritis (RA). The study, conducted by Citruslabs under IRB approval, showed significant improvements in 12 adult participants over eight weeks.
Key findings include a 19.2% reduction in Disease Activity Score (DAS28), shifting patients from high to moderate disease activity. The percentage of participants in remission increased from 0% to 16.67%, while high disease activity cases decreased from 66.67% to 41.67%. Pain-related symptoms improved, with negative pain outcomes dropping from 75% to 50%, and morning stiffness decreased from 75% to 41.67%.
83.33% of participants expressed desire to continue treatment, and 91.67% would recommend it to others. The company aims to potentially partner with a global biopharma company for drug delivery format development and commercialization.
Raphael Pharmaceutical, a clinical-stage biotechnology company, is advancing a novel cannabinoid-based research platform. The company highlights its exclusive relationship with Rambam Health Care Campus, which provides cutting-edge facilities for cannabinoid research. Raphael's lead product candidate, HPC1, targets rheumatoid arthritis and has shown promise in preclinical studies. A clinical study for HPC1 began in May 2024, with results expected by the end of the year. The company also explores cannabinoid treatments for chronic lung inflammation and aims to commence FDA Phase I trials in 2025. Raphael's mission is to offer cost-effective, accessible treatments for inflammatory diseases.
FAQ
What is the current stock price of Raphael Pharm (RAPH)?
What is the market cap of Raphael Pharm (RAPH)?
