The study focuses on Knee osteoarthritis, a condition in which the cartilage that cushions the ends of the bones in the knee gradually wears away, causing pain and reduced movement. The investigation evaluates a new medication identified as 4P-004, compared with a simple salt solution used as a placebo, both delivered by an intra‑articular injection, meaning the medicine is placed directly into the knee joint. The main purpose is to assess safety, how well the knee tolerates the injection, and the way the drug is processed in the body, known as pharmacokinetics.
Participants will receive a single injection of either the test drug at one of three increasing dose levels (0.3 mg, 1 mg, or 3 mg) or the placebo. After the injection, they will be monitored for a short period, during which vital signs such as blood pressure and heart rhythm are checked, and blood samples are taken to look for any changes in normal lab values. They will also be observed for any uncomfortable feelings in the knee, such as pain, swelling, redness, or tenderness, and any other unwanted effects that might occur during the follow‑up visits.



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