Pharmaceuticals

Incannex's Groundbreaking CannQuit-N Moves Forward After Positive Pre-IND Meeting with the FDA

Published February 17, 2024

MELBOURNE, Australia and NEW YORK — A significant development in the fight against tobacco addiction has surfaced as Incannex Healthcare Inc. IXHL, a pioneering firm in cannabinoid and psychedelic medicine biotechnology, announced the accomplishment of a fruitful Pre-Investigational New Drug (Pre-IND) meeting with the U.S. Food and Drug Administration (FDA) for their innovative smoking cessation solution, CannQuit-N.

Exploring CannQuit-N's Potential

Incannex's foray into addressing the challenging issue of tobacco addiction has led to the development of CannQuit-N, a novel pharmacological product designed to alleviate withdrawal symptoms and decrease the urge to smoke. This innovative approach signifies a new hope for millions who struggle to quit smoking, as current methods often fall short in providing long-term solutions for tobacco cessation.

Pre-IND Success: A Leap Forward for Incannex

The Pre-IND meeting is a critical milestone in the drug development process where companies engage with the FDA to gain valuable feedback on clinical plans, study designs, and regulatory requirements before the formal submission of an IND application. Incannex's successful meeting underscores the potential for CannQuit-N to meet the stringent standards of the FDA, paving the way for clinical trials and eventually, market entry.

Incannex Healthcare at a Glance

Headquartered in Sydney, Australia, Incannex Healthcare Limited is at the forefront of medical innovation, focusing on the research, development, and sale of medicinal cannabinoid products. As of the date of this report, IXHL represents a promising investment opportunity in the biotech industry amidst its forays into tackling public health challenges.

Incannex, FDA, smoking