Benitec Biopharma (ASX:BLT) is a biotech company and has developed a gene silencing technology.
Benitec's (ASX: BLT) company strategy is focused on developing new therapies for life-threatening diseases based on long-term silencing of genes.
In an update to the market, Benitec has highlighted that the company has received a strong endorsement of the Pain Program from U.S. and European clinical pain specialists.
Benitec is currently attempting to fast track the pre-clinical, clinical and commercial development of the company's lead program, which is a novel gene silencing therapeutic for intractable cancer-associated neuropathic pain.
In addition, Benitec has appointed U.S. based Ground Zero Pharmaceuticals as the CRO to advance the pain program into clinical testing under a USFDA-approved protocol.
Peter French, chief executive officer for Benitec, commented "These findings validate our pain program directly from the pain clinicians themselves.
"It reinforces our focus on the pain program, and provide the impetus for Benitec to mobilize additional resources to the program and to progress to the next stage of Benitec's commercial outreach for this program in the U.S. and Europe with Campbell Alliance."