Nature of Business
|6 Months Ended|
Jun. 30, 2021
|Organization Consolidation And Presentation Of Financial Statements [Abstract]|
|Nature of Business||
Inhibikase Therapeutics, Inc. (the “Company”, “we” or “our”) is a clinical stage pharmaceutical company developing therapeutics for Parkinson’s Disease, or PD, and related disorders that arise inside and outside of the brain. In 2021, we commenced clinical development of IkT-148009, a small molecule Abelson Tyrosine Kinase inhibitor we believe can modify the course of Parkinson’s disease and its manifestation in the gastrointestinal tract, or GI. Results to date of our ongoing Phase 1 Single and Multiple Ascending Dose escalation study (SAD and MAD, respectively) in older and elderly healthy volunteers have revealed important insights into the metabolism of IkT-148009 in human subjects. Outcomes of this study have led to an acceleration of the clinical development program by more than 6 months. In July 2021, the U.S. Food and Drug Administration (“FDA”) agreed with the Company’s plan to initiate its Phase 1b study in Parkinson’s patients. We plan to initiate dosing in a Parkinson’s patient population in the third quarter of 2021. Clinical development of IkT-148009 for the GI complications in PD patients will cross-reference the Phase 1 study of IkT-148009 for the treatment of PD. Clinical development of the Company’s lead oncology asset, IkT-001Pro, is anticipated to begin shortly after submission of Company’s Investigational New Drug application for IkT-001Pro in the third quarter of 2021.
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Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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