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    Home»Bio Tech & Pharma»Cardiol Therapeutics Announces Virtual Annual General and Special Meeting of Shareholders Scheduled for June 26th at 4:30 p.m. EDT
    Bio Tech & Pharma

    Cardiol Therapeutics Announces Virtual Annual General and Special Meeting of Shareholders Scheduled for June 26th at 4:30 p.m. EDT

    Alexander LeeBy Alexander LeeSeptember 28, 2024Updated:September 28, 2024No Comments3 Mins Read
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    Cardiol Therapeutics is a clinical-stage life sciences company focused on the research and clinical development of anti-inflammatory and anti-fibrotic therapies for the treatment of heart disease. The company’s lead small molecule drug candidate, CardiolRx™ (cannabidiol) oral solution, is pharmaceutically manufactured and in clinical development for use in the treatment of heart disease. Cannabidiol inhibits activation of the inflammasome pathway, which plays a crucial role in the development and progression of inflammation and fibrosis associated with myocarditis, pericarditis, and heart failure.

    Cardiol has received authorization from the United States Food and Drug Administration to conduct clinical studies on CardiolRx for recurrent pericarditis and acute myocarditis. Recurrent pericarditis is an inflammatory disease of the pericardium, while acute myocarditis is a leading cause of acute and fulminant heart failure in young adults. The company is also developing a subcutaneously administered drug formulation of cannabidiol for use in heart failure, aiming to address the significant healthcare costs associated with this condition.

    In addition to its clinical development efforts, Cardiol is focused on innovative research, with positive study results demonstrating the efficacy of its drug formulations in slowing increases in body weight, heart weight, and key cardiac inflammatory and remodeling markers. The company also holds a comprehensive intellectual property portfolio and has a strong financial position, allowing it to achieve corporate milestones well into 2026.

    Cardiol’s ongoing key projects include its Orphan Drug Program for Recurrent Pericarditis and Acute Myocarditis, both of which aim to address the unmet medical needs in these conditions and provide potential therapeutic solutions. The company is also actively engaged in its Heart Failure Program, developing CRD-38, a proprietary drug formulation designed to deliver cannabidiol for the treatment of heart failure. Published third-party research supports the potential of cannabidiol in reducing inflammation and improving blood flow, highlighting the therapeutic potential of Cardiol’s drug formulations.

    Furthermore, Cardiol has a dedicated management team, board of directors, scientific advisory board, and key global research and clinical collaborators, all of whom bring extensive expertise in drug development, clinical trials, and cardiovascular disease. The company’s leadership is well-equipped to guide its research and development efforts, ensuring the successful advancement of its innovative therapies towards regulatory approval and commercialization.

    In summary, Cardiol Therapeutics is at the forefront of developing novel therapeutic solutions for heart disease, leveraging innovative research, clinical development, and a strong intellectual property portfolio to address the unmet medical needs in conditions such as recurrent pericarditis, acute myocarditis, and heart failure.

    cardiol therapeutics crdl:ca pharmaceutical investing tsx:crdl
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    Alexander Lee
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    Alexander is the founder and author of Microcaps.ca, a leading resource for investors interested in the micro-cap stock market. With a passion for uncovering hidden gems in the world of small-cap stocks, Alexander combines in-depth research with years of experience in the financial markets to provide readers with valuable insights and timely analysis. Investors should conduct their own research or consult with a qualified investment advisor before making any investment decisions. The author of this article is not responsible for any gains or losses incurred from investing in companies mentioned.

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