Silo Pharma (NASDAQ: SILO), a developmental-stage biopharmaceutical company, announced it expects data from two key preclinical studies of its lead candidate SPC-15 within 30 to 90 days. SPC-15 is an intranasal prophylactic designed to boost stress resilience and prevent Post-Traumatic Stress Disorder (PTSD). The ongoing studies include IND-enabling GLP-compliant toxicology and toxicokinetic testing, as well as a large animal safety study requested by the FDA. Results will inform a planned IND application, potentially before year-end, with a Phase 1 clinical trial anticipated in 2026. Silo aims to pursue the FDA’s 505(b)(2) pathway to expedite development of the therapy, which represents a novel approach in a field that has seen no new FDA drug approvals for PTSD in nearly 25 years.
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About Silo Pharma Inc.
Silo Pharma is a developmental-stage biopharmaceutical company developing novel therapeutics that address underserved conditions including stress-induced psychiatric disorders, chronic pain conditions and central nervous system (“CNS”) diseases. Silo focuses on developing traditional therapies and psychedelic treatments in novel formulations and drug-delivery systems. The company’s lead program, SPC-15, is an intranasal treatment targeting post-traumatic stress disorder (“PTSD”) and stress-induced anxiety disorders. SP-26 is a time-release, ketamine-loaded implant for fibromyalgia and chronic pain relief. Silo’s two preclinical programs are SPC-14, an intranasal compound for the treatment of Alzheimer’s disease, and SPU-16, a CNS-homing peptide targeting multiple sclerosis (“MS”). Silo’s research and development programs are conducted through collaborations with universities and independent laboratories. For more information about the company, visit www.SiloPharma.com .
NOTE TO INVESTORS: The latest news and updates relating to SILO are available in the company’s newsroom at https://ibn.fm/SILO
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