Benzinga | Aug 27, 2021 09:48AM EDT

Aileron Unveils Initial Data For Its Chemo Protective Agent

* Aileron Therapeutics Inc (NASDAQ:ALRN) has announced initial findings from its ongoing study of ALRN-6924 in healthy volunteers.

* Data were presented at the International Society for Experimental Hematology (ISEH) 50th Annual Scientific Meeting.

* The initial findings demonstrated that a 0.3 mg/kg dose of ALRN-6924 was well tolerated.

* It resulted in p53-mediated induction of the cell cycle inhibitor p21 in healthy, normal bone marrow cells without concurrent induction of apoptosis.

* Related Content: Aileron Launches Early-Stage Study For Chemoprotective Candidate In Lung Cancer Settings.

* Aileron will present final data from the Phase 1b small-cell lung cancer trial and additional data from the healthy volunteer study at the European Society for Medical Oncology (ESMO) Congress.

* Price Action: ALRN shares are down 3.52% at $1.09 during the market session on the last check Friday.