Oramed calls oral insulin drug trial 'successful'

JERUSALEM Oramed Pharmaceuticals has seen promising results from a clinical trial of an oral insulin for diabetes, the Israeli drug maker said.

The company said its exploratory clinical trial of the oral insulin capsule ORMD-0801 was successful. The company is developing the capsule as a treatment for patients with uncontrolled Type 1 diabetes. The company also is developing the oral insulin as a treatment for Type 2 diabetes.

“This study marks an impressive milestone for Oramed,” CEO Nadav Kidron said. “These results suggest a possible novel and unique indication for our oral insulin product in the treatment of Type 1 diabetes in addition to our main indication for Type 2 diabetes.”