Will EXO-CD24 (the nasal spray against Covid developed in Israel) enter phase II or III clinical trials in Brazil in 2021?
Market Rules
Tel Aviv’s Ichilov Medical Center has released a statement to the press informing the results of a phase I trial with its new nasal spray drug, EXO-CD24. The drug was developed to modulate the immune system and might act over the cytokine storm caused by COVID-19. The statement says 29 of 30 patients were "cured", despite not releasing any data about them at the time. Even so, Brazil's President Jair Bolsonaro is trying to convince Brazil's national health agency (ANVISA) to authorize phase II/III clinical trials and emergency approval of the drug in the country.
If ANVISA approves clinical trials with EXO-CD24 in Brazil before December 31st, 2021, this market will be resolved as "Yes"