Silo Pharma Executes Letter of Intent with Allucent to Support Phase 1 Clinical Development of SPC-15
Rhea-AI Summary
Silo Pharma (Nasdaq: SILO) announced a non-binding Letter of Intent dated Dec. 30, 2025 with Allucent (US) LLC to support Phase 1 clinical development of SPC-15 nasal spray.
The LOI covers planning for two planned Phase 1 studies in healthy subjects: an open-label Single Ascending Dose (SAD) study and an open-label Multiple Ascending Dose (MAD) study. Allucent and Silo intend to negotiate a Master Services Agreement and project-specific Work Order covering clinical operations, pharmacovigilance, data management, biostatistics, clinical pharmacology modeling & simulation, and medical writing.
The LOI outlines proposed payment terms, including an upfront amount for direct service fees and pass-through costs to be reconciled against final invoices. Management described the LOI as a potential step toward generating safety and pharmacokinetic data for SPC-15.
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News Market Reaction 6 Alerts
On the day this news was published, SILO gained 4.67%, reflecting a moderate positive market reaction. Argus tracked a peak move of +15.2% during that session. Argus tracked a trough of -12.9% from its starting point during tracking. Our momentum scanner triggered 6 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $208K to the company's valuation, bringing the market cap to $5M at that time. Trading volume was elevated at 2.1x the daily average, suggesting notable buying interest.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus 1 Up
SILO is down 8.26% while peers show mixed moves (e.g., ARTL -15.65%, CERO +11.53%, ENSC -5.61%). Momentum scanner only flags SXTP up 10.11%, suggesting today’s action in SILO is more stock-specific than broad biotech sector rotation.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 17 | Allucent partnership | Positive | -1.1% | Allucent selected to support planned 2026 IND for SPC-15 Phase 1. |
| Oct 29 | Crypto treasury move | Positive | -1.9% | Selection of Alphaledger T12 Fund for tokenized RWA investment strategy. |
| Oct 23 | SPC-15 and crypto update | Positive | +3.2% | Positive SPC-15 safety data plus launch of digital assets treasury program. |
| Oct 08 | Bitcoin purchase | Positive | -1.4% | Initial strategic Bitcoin purchase as part of multi-chain asset growth plan. |
| Oct 06 | RSC token acquisition | Positive | -2.2% | Acquisition of ResearchCoin tokens to gain DeSci exposure via crypto treasury. |
Recent news often skews positive but has more frequently been followed by negative price reactions, with only one clear alignment between upbeat news and a rising share price.
Over the last few months, Silo has balanced PTSD drug development with a growing crypto treasury strategy. Clinical milestones for SPC-15, including IND-enabling work and safety/toxicology updates, appeared alongside digital-asset initiatives in Bitcoin, Ethereum, Solana and RSC. Market reactions to these updates were modest, with most news moving the stock within single digits. Today’s LOI to support Phase 1 SPC-15 studies builds directly on prior Allucent collaboration and earlier clinical readiness updates from October–November 2025.
Market Pulse Summary
This announcement marks a key execution step, transitioning SPC-15 from preclinical work into planned Phase 1 SAD and MAD studies with a global CRO. It builds on prior IND-enabling toxicology and safety milestones and formalizes support across clinical operations, pharmacovigilance, data management, and modeling. Investors may watch for finalized service agreements, actual trial initiation, and any updates on financing capacity or Nasdaq listing risk flagged in recent SEC filings as the program advances.
Key Terms
single ascending dose medical
multiple ascending dose medical
clinical research organization medical
pharmacovigilance medical
biostatistics medical
clinical pharmacology modeling & simulation medical
AI-generated analysis. Not financial advice.
Planned SAD and MAD Studies Mark Key Clinical Inflection Point for Intranasal PTSD and Anxiety
SARASOTA, FL, Dec. 30, 2025 (GLOBE NEWSWIRE) -- Silo Pharma, Inc. (Nasdaq: SILO) (“Silo” or the “Company”), a diversified developmental stage biopharmaceutical and cryptocurrency treasury company focused on developing novel formulations and drug delivery systems for traditional therapeutics and psychedelic treatments, today announced it has entered into a non-binding Letter of Intent (“LOI”) with Allucent (US) LLC (“Allucent”), a global clinical research organization (CRO), to provide clinical research services for two planned Phase 1 studies evaluating its SPC-15 nasal spray in healthy subjects: an Open-Label, Single Ascending Dose (SAD) study and an Open-Label, Multiple Ascending Dose (MAD) study.
Allucent and Silo intend to negotiate a Master Services Agreement and project-specific Work Order to cover a comprehensive scope of activities across clinical operations, pharmacovigilance, data management, biostatistics, clinical pharmacology modeling & simulation, and medical writing to support execution and reporting of the Phase 1 program. The LOI also outlines proposed payment conditions, including an upfront amount for direct service fees and pass-through costs that would be reconciled against final project invoices.
“This letter of intent with Allucent could lead to a meaningful step forward in advancing SPC-15 into Phase 1 clinical development,” said Eric Weisblum, Chief Executive Officer of Silo Pharma. “Their global CRO expertise and integrated clinical capabilities appear to align well with our goal of efficiently generating high-quality safety and pharmacokinetic data. We believe this collaboration will allow us to execute our SAD and MAD studies with rigor and speed. Advancing SPC-15 remains a key priority as we strive to build long-term value across our pipeline.”
About SPC-15
SPC-15 is an investigational intranasal serotonin 5-HT4 receptor agonist being developed by Silo Pharma for stress-induced psychiatric conditions, primarily Post-Traumatic Stress Disorder (PTSD) and anxiety, using a special soft mist nasal spray delivery system for fast brain action. It's in preclinical stages, partnering with Columbia University, and aims for an accelerated FDA approval pathway (505(b)(2)) by leveraging biomarkers and novel delivery
About Silo Pharma
Silo Pharma is a diversified developmental-stage biopharmaceutical and cryptocurrency treasury company. Its therapeutic focus is on addressing underserved conditions, including stress-induced psychiatric disorders, chronic pain, and central nervous system (CNS) diseases. The Company’s portfolio includes innovative programs such as SPC-15 for PTSD, SP-26 for fibromyalgia and chronic pain, and preclinical assets targeting Alzheimer’s disease and multiple sclerosis. Silo’s research is conducted in collaboration with leading universities and laboratories. silopharma.com
Forward-Looking-Statements
This news release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified using words “could”, “believe”, “anticipate”, “intend”, “estimate”, “expect”, “may”, “continue”, “predict”, “potential”, and similar expressions that are intended to identify forward-looking statements. Such statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of the Company to differ materially from the results expressed or implied by such statements, including statements pertaining to the intended use of proceeds from the offering, changes to anticipated sources of revenues, future economic and competitive conditions, difficulties in developing the Company’s technology platforms, retaining and expanding the Company’s customer base, fluctuations in consumer spending on the Company’s products and other factors. Accordingly, although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company disclaims any obligations to publicly update or release any revisions to the forward-looking information contained in this press release, whether as a result of new information, future events, or otherwise, after the date of this press release or to reflect the occurrence of unanticipated events except as required by law.
Contact
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