PHARMASAGA (TPEx Emerging Stock Market: 7878) announced on MOPS that the trial amendment for PS1-II-201, its Phase 2 clinical trial of PS1 in type 2 diabetes, submitted to the U.S. FDA, has passed the FDA's 30-day IND review period. The company will continue to advance the PS1-II-201 trial.

Globally, over 589 million people suffer from diabetes, making it one of the most critical chronic diseases worldwide. However, current treatments primarily focus on controlling blood sugar levels and struggle to restore damaged pancreatic beta-cell function. The market urgently needs next-generation therapies capable of targeting the disease's...