Significant clinical interest23 Mar 2026 07:47
Dr Huw Jones, Chief Executive Officer of TheraCryf, commented:
"We continue to deliver a potentially class leading asset on target for clinic readiness in the fourth quarter of this year, exactly in line with the plan outlined at the start of this project. The substance use disorder market is already worth over US$42 billion growing to over US$71 billion¹ over the next seven years.
These conditions cause more deaths than road accidents and substance abusers lose over 20 years of life compared to non-abusers2. The licensing market to large pharma for such treatments is considerable, generating substantial returns to originating companies at the right stage of development. With a class leading profile, we anticipate generating significant commercial interest in TheraCryf's Ox-1 asset."