- Business
- Cardiol Therapeutics Inc. is a clinical-stage biopharmaceutical firm dedicated to the research and development of anti-inflammatory and anti-fibrotic treatments for heart conditions. Their primary therapeutic candidate, CardiolRx™, an oral cannabidiol formulation, is progressing through clinical trials. It is currently in a Phase III multi-national, randomized, double-blind, placebo-controlled study (MAVERIC) to evaluate its effectiveness in preventing recurrent pericarditis, a debilitating inflammatory heart disease. Additionally, CardiolRx™ is undergoing a Phase II multi-national, randomized, double-blind, placebo-controlled trial (ARCHER) to assess its impact on myocardial recovery in patients with acute myocarditis, a serious condition affecting the heart muscle. The company is also developing CRD-38, a novel subcutaneously administered cannabidiol formulation, which is in preclinical stages for the treatment of heart failure. Cardiol Therapeutics Inc. was established in 2017 and operates from its headquarters in Oakville, Canada.