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Arch Biopartners Announces Ethics Approval for St. Michael’s Hospital to Participate in the Phase II Cardiac Surgery-Associated AKI Trial for LSALT Peptide
Globenewswire· 2025-12-16 12:40
Core Insights - Arch Biopartners Inc. has received ethics approval from the University Health Network Research Ethics Board for St. Michael's Hospital to participate in the Phase II trial of LSALT peptide aimed at preventing and treating cardiac surgery-associated acute kidney injury (CS-AKI) [1][2] Company Overview - Arch Biopartners Inc. is a therapeutic biotech company focused on developing novel drugs for acute kidney injury (AKI) and chronic kidney diseases (CKD), with a pipeline targeting inflammation- and toxin-related kidney injury [17] Clinical Trial Details - The CS-AKI Phase II trial is an international, multi-center, randomized, double-blind, placebo-controlled study with a recruitment target of 240 patients, where subjects will receive either LSALT peptide (10mg IV twice daily for five days) or placebo [5] - The primary objective is to evaluate the percentage of subjects with acute kidney injury within seven days following on-pump cardiac surgery, as defined by KDIGO criteria [5][6] Current Status of the Trial - St. Michael's Hospital will be the ninth site activated globally and the fourth within a leading Canadian academic hospital network, with operational approvals and training underway before patient enrollment [2][4] - Other sites, including Toronto General Hospital and the University of Calgary, are actively enrolling patients, while Royal Columbian Hospital has received REB approval and is preparing for site initiation [4] Medical Context - CS-AKI is a common complication following cardiac surgery, affecting up to 30% of patients undergoing on-pump procedures, leading to serious complications and increased mortality [11][12] - There are currently no approved therapies for CS-AKI, highlighting a significant unmet medical need that LSALT peptide aims to address [12] Mechanism of Action - LSALT peptide is designed to prevent inflammation injury in the kidneys, lungs, and liver by binding to the dipeptidase-1 (DPEP1) enzyme, which plays a role in triggering organ inflammation [8] - Pre-clinical models have demonstrated LSALT's ability to prevent ischemia-reperfusion injury to the kidneys, supporting its therapeutic potential [8] Previous Research Findings - An earlier Phase II trial for acute lung inflammation showed that patients treated with LSALT peptide had significant reductions in inflammatory biomarkers, validating DPEP1 as a therapeutic target [9]
Arch Biopartners Expands Phase II Cardiac Surgery-Associated AKI Trial to Include Royal Columbian Hospital in British Columbia
Globenewswire· 2025-11-05 13:30
Core Insights - Arch Biopartners Inc. has received approval from the Fraser Health Research Ethics Board for the Royal Columbian Hospital to participate in the Phase II trial of LSALT peptide aimed at preventing and treating cardiac surgery-associated acute kidney injury [1][2] - The company is actively expanding its clinical trial sites, with Royal Columbian Hospital being the eighth site globally and the fourth in Canada to recruit patients [2][3] - Arch Biopartners has completed the acquisition of Lipdro Therapeutics Inc., which includes a CKD drug candidate platform, in exchange for 250,000 common shares and a royalty on future net sales [4] - The Board of Directors has granted 750,000 stock options to directors and officers, exercisable at $1.70 per share for ten years, as part of their remuneration [5] Company Developments - The ongoing Phase II trial for LSALT peptide is part of a broader initiative to address acute kidney injury, with additional sites being evaluated in Canada and the U.S. [3][9] - The acquisition of Lipdro Therapeutics enhances the company's capabilities in developing treatments for chronic kidney disease, targeting IL-32 [4] - Arch Biopartners is focused on developing novel drugs for both acute and chronic kidney diseases, addressing significant unmet medical needs globally [6]
Core Natural Resources: Strong Revenue Growth, Weak Margins
Seeking Alpha· 2025-09-26 17:41
Group 1 - The article discusses the analysis of Core Natural Resources (NYSE: CNR) following its merger between Arch Resources and CONSOL Energy, with a hold recommendation given at the time of the analysis [1] - The author emphasizes a focus on value companies with solid long-term potential, reflecting a personal investment philosophy [1] - The analysis aims to support individual investors by sharing knowledge and insights into the company's performance and market position [1] Group 2 - The author has no current stock or derivative positions in any mentioned companies and does not plan to initiate any within the next 72 hours [2] - The article expresses the author's personal opinions and is not influenced by any business relationships with the companies discussed [2] - The disclosure indicates that the author is not receiving compensation for the article, aside from that from Seeking Alpha [2]
Arch Strengthens its Position as a Leading Kidney Therapeutics Company with the Acquisition of a Breakthrough Platform to Develop New Drugs Targeting Chronic Kidney Disease (CKD)
Globenewswire· 2025-09-17 11:15
Core Insights - Arch Biopartners Inc. has acquired a pre-clinical platform focused on developing new drugs for chronic kidney disease (CKD), specifically targeting interleukin-32 (IL-32) [1][2][3] - The acquisition enhances Arch's kidney drug development pipeline and positions the company for potential new partnerships [2][4] - CKD affects over 800 million people globally, with diabetes being a leading cause, responsible for 30% to 40% of CKD cases [5][6] Company Developments - The CKD program was obtained through the acquisition of Lipdro Therapeutics Inc., involving the issuance of 250,000 common shares at a deemed price of $1.85 per share and a future royalty on net sales [2][3] - Dr. Justin Chun, founder of Lipdro, will join Arch as a Principal Scientist to lead the CKD program [2][4] - The new therapeutic platform is based on a mechanistic understanding of disease pathways and aims to provide novel treatment options for diabetic CKD [4][5] Scientific Insights - IL-32 is identified as a non-classical cytokine involved in inflammation and immune responses, directly implicated in the pathogenesis of diabetic CKD [3][5] - The therapeutic approach developed by Arch and its collaborators is expected to target the underlying mechanisms of inflammation and fibrosis in CKD [5][6] - The new CKD platform represents a significant addition to Arch's kidney drug asset portfolio, focusing on on-target treatment options [7][10] Market Context - The CKD market represents a significant unmet medical need, with approximately 35 to 38 million affected individuals in the U.S. alone [5][6] - Current renal therapies often rely on off-target actions, highlighting the potential for Arch's on-target CKD platform to differentiate itself in the pharmaceutical industry [6][7] - Arch's integrated pipeline includes other programs targeting acute kidney injury, further enhancing its position in the kidney care market [10][11]
Arch Biopartners Announces First Patient Successfully Dosed at Toronto General Hospital in Phase II Trial of LSALT Peptide Targeting Cardiac Surgery-Associated Acute Kidney Injury
Globenewswire· 2025-08-06 11:25
Core Insights - Arch Biopartners Inc. has initiated dosing in its Phase II trial for LSALT peptide aimed at preventing cardiac surgery-associated acute kidney injury (CS-AKI) with the first patient successfully dosed at Toronto General Hospital [1][9] - The trial is a multi-center, randomized, double-blind, placebo-controlled study targeting 240 patients, with the primary objective to evaluate the incidence of acute kidney injury within seven days post cardiac surgery [4][12] - The company is expanding its clinical trial sites in Canada and the United States, with St. Michael's Hospital expected to be the next site activated [3][9] Company Overview - Arch Biopartners is focused on developing drugs targeting the dipeptidase-1 (DPEP1) pathway to prevent organ damage caused by inflammation, particularly in the kidneys, lungs, and liver [14][10] - LSALT peptide is the lead drug candidate, which has shown a strong safety profile in previous trials and aims to address the significant unmet medical need for therapies preventing CS-AKI [13][10] Trial Details - The ongoing Phase II trial involves a dosing regimen of 10mg of LSALT peptide administered intravenously twice daily for five days, with subjects randomized to receive either the peptide or a placebo [4][10] - The trial's completion is estimated for August 2026, reflecting the time required for Canadian sites to prepare and obtain necessary approvals [6] Clinical Significance - CS-AKI is a common complication in cardiac surgery, affecting up to 30% of patients undergoing on-pump procedures, leading to serious health risks and increased mortality [12][8] - The LSALT peptide represents a potential first-in-class therapeutic approach to mitigate inflammation injury in this high-risk patient population [13][10]
Arch Biopartners Announces Start of Patient Recruitment in Phase II PONTIAK Trial Targeting Drug-Toxin-Related Acute Kidney Injury (AKI)
Globenewswire· 2025-07-22 11:30
Core Insights - Arch Biopartners Inc. has initiated patient recruitment for the Phase II trial named "Prevention Of NephroToxin Induced Acute Kidney Injury with Cilastatin" (PONTIAK) in Alberta, Canada [1][2] Company Overview - Arch Biopartners is a late-stage clinical trial company focused on preventing acute kidney injury (AKI) and organ damage caused by inflammation [11] - The company is developing a platform of novel drugs targeting the dipeptidase-1 (DPEP1) inflammation pathway prevalent in the kidneys, lungs, and liver [11] Clinical Trial Details - The PONTIAK study aims to evaluate the efficacy of cilastatin in preventing AKI associated with nephrotoxic pharmaceuticals, enrolling approximately 698 patients across five hospital sites in Alberta [2][3] - The trial has secured $1.5 million in funding from the Canadian Institutes of Health Research (CIHR) and an additional $400,000 from the Accelerating Clinical Trials (ACT) initiative [3] Drug Information - Cilastatin was originally developed in the early 1980s to limit the breakdown of imipenem, a β-lactam antibiotic, and is currently marketed in combination with imipenem [7] - Arch Biopartners has manufactured the first-ever stand-alone cilastatin drug product for the trial and holds exclusive method-of-use patents to repurpose cilastatin for AKI treatment [4][8] Market Context - Drug toxins account for approximately 30% of AKI cases in hospitalized patients, with common culprits including antibiotics and chemotherapy agents [6] - There is currently no specific therapeutic treatment available on the market that prevents AKI, highlighting a significant unmet medical need [5][12]
Arch Biopartners Announces Toronto General Hospital Ethics Board Approval to Join the Phase II Trial for LSALT Peptide Targeting Cardiac Surgery Associated-Acute Kidney Injury (CS-AKI)
Globenewswire· 2025-04-22 10:55
Core Viewpoint - Arch Biopartners Inc. has received ethics approval for its Phase II trial of LSALT peptide aimed at preventing cardiac surgery-associated acute kidney injury (CS-AKI) [1][2] Group 1: Trial Details - The CS-AKI Phase II trial is an international, multi-center, randomized, double-blind, placebo-controlled study targeting 240 patients [3] - The primary objective is to evaluate the percentage of subjects with acute kidney injury within seven days following on-pump cardiac surgery, based on KDIGO criteria [3][4] Group 2: Recruitment and Locations - Toronto General Hospital is the seventh site activated globally and the second in Canada for patient recruitment [2] - The company plans to reduce recruitment in Turkey and increase it in Canada to enhance the trial's geographic and demographic data [2] Group 3: Background on CS-AKI and LSALT Peptide - CS-AKI is often caused by ischemia-reperfusion injury, leading to kidney cell damage, with no current therapeutic treatments available for this condition [5][6] - LSALT peptide is the lead drug candidate targeting the DPEP1 pathway, showing promise in preventing ischemia-reperfusion injury in pre-clinical models [6][8] Group 4: Incidence and Impact of CS-AKI - The prevalence of CS-AKI can be as high as 30% in patients undergoing on-pump cardiac surgeries, which is associated with increased morbidity and mortality [7]
Arch Biopartners Closes Non-Brokered Private Placement
Globenewswire· 2025-03-14 20:30
Core Points - Arch Biopartners Inc. has closed a non-brokered private placement offering of 145,000 common shares at CAD $1.55 and 90,000 common shares at USD $1.15, totaling gross proceeds of CAD $374,000 [1][2] - The final amount of the offering increased by CAD $24,000 from the initial disclosure on March 5, 2025, and the proceeds will be used for general working capital and research expenses [2] - All common shares issued will be subject to a hold period of four months and one day from the closing date, with finders' fees totaling CAD $5,425 to be paid [3] Company Overview - Arch Biopartners Inc. is focused on preventing acute kidney injury and organ damage caused by inflammation, developing novel drugs targeting the dipeptidase-1 (DPEP1) inflammation pathway [4] - The company's lead drug candidates, LSALT peptide and cilastatin, aim to address significant unmet medical needs related to kidney injury caused by inflammation or toxins [4] - The company has 65,856,366 common shares outstanding [5]
Arch Biopartners Arranges Non-Brokered Private Placement
Globenewswire· 2025-03-05 12:23
Core Points - Arch Biopartners Inc. announced a non-brokered private placement offering of 225,806 common shares at a price of $1.55 per share, aiming for gross proceeds of $350,000 CAD [1][2] - The proceeds will be utilized for general working capital and expenses not covered by existing funding grants, with the offering set to close on March 6, 2025, pending regulatory approvals [2][3] - All shares issued will have a hold period of four months and one day from the closing date, with finders' fees totaling $13,500 to be paid [3] Company Overview - Arch Biopartners Inc. is focused on late-stage clinical trials aimed at preventing acute kidney injury and organ damage due to inflammation [4] - The company is developing novel drugs targeting the dipeptidase-1 (DPEP1) inflammation pathway, with lead candidates LSALT peptide and cilastatin addressing significant unmet medical needs related to kidney injury [4] - The company has 65,621,366 common shares outstanding [5]
Shares for Interest Debt Settlement
Globenewswire· 2025-02-03 12:45
Core Points - Arch Biopartners Inc. has arranged a shares for debt transaction to settle $57,246.57 in interest on a deferred convertible note as of February 1, 2025 [1][2] - The transaction involves issuing 31,112 common shares at a deemed price of $1.84, pending approval from the TSX Venture Exchange [2][3] - The total notional value of the note is $500,000 CAD, which will convert into 561,798 common shares at maturity [3] Company Overview - Arch Biopartners Inc. is focused on preventing acute kidney injury and organ damage caused by inflammation, developing drugs targeting the dipeptidase-1 (DPEP1) inflammation pathway [4] - The lead drug candidates include LSALT peptide and cilastatin, aimed at addressing significant unmet medical needs related to kidney injury [4] - The company has 64,940,956 common shares outstanding [5]