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NeuroSense Receives FDA Clearance to Initiate Pivotal Phase 3 Trial for PrimeC in ALS
Prnewswire· 2025-11-24 14:56
Core Insights - NeuroSense Therapeutics has received FDA authorization to initiate a pivotal Phase 3 clinical trial for its lead drug candidate, PrimeC, aimed at treating amyotrophic lateral sclerosis (ALS) [1][2][3] Company Overview - NeuroSense is a late-clinical stage biotechnology company focused on developing treatments for severe neurodegenerative diseases, including ALS, Alzheimer's disease, and Parkinson's disease [7] - The company aims to address significant unmet medical needs in the neurodegenerative disease space, where effective therapeutic options are limited [7] Clinical Trial Details - The Phase 3 trial, named PARAGON, will include 300 ALS patients randomized in a 2:1 ratio (PrimeC : Placebo) and is designed to achieve over 95% power to meet its primary endpoint [2][3] - The trial will be conducted in the U.S. and EU, featuring a double-blind, 12-month placebo-controlled design with an open-label extension to assess safety and efficacy [3] - An adaptive design will allow for interim analyses to optimize sample size and evaluate early efficacy and futility boundaries [3] Drug Candidate Information - PrimeC is an extended-release oral formulation combining two FDA-approved drugs: ciprofloxacin and celecoxib, targeting mechanisms involved in ALS and Alzheimer's disease [6] - The drug aims to inhibit the progression of ALS and Alzheimer's by addressing motor neuron degeneration, inflammation, iron accumulation, and impaired RNA regulation [6] ALS Background - ALS is an incurable neurodegenerative disease leading to complete paralysis and death within 2-5 years of diagnosis, with over 5,000 new cases diagnosed annually in the U.S. [5] - The annual disease burden of ALS in the U.S. is approximately $1 billion, and the number of individuals living with ALS is projected to increase by 24% by 2040 in the U.S. and EU [5]
NeuroSense to Host Investor Webinar on December 8, 2025
Prnewswire· 2025-11-03 14:15
Core Insights - NeuroSense Therapeutics is hosting an investor update meeting on December 8, 2025, to discuss its near-term milestones and objectives [1] Company Overview - NeuroSense Therapeutics, Ltd. is a clinical-stage biotechnology company focused on developing treatments for severe neurodegenerative diseases, including ALS, Alzheimer's, and Parkinson's disease [2] - The company aims to address significant unmet medical needs in neurodegenerative diseases by developing combined therapies that target multiple pathways [2] Upcoming Developments - The company plans to initiate the Phase 3 PARAGON study for ALS and submit a Notice of Compliance with conditions (NOC/c) in Canada [5] - Updates will also include the status of a binding term sheet executed in December 2024 and the RoAD Phase 2 program for Alzheimer's disease [5]
NeuroSense's Drug Candidate Shows Early Signals of Benefit in Alzheimer's Patient-Derived Neurons
Prnewswire· 2025-09-10 18:30
Core Insights - NeuroSense Therapeutics announced positive initial results from the RoAD Phase 2 clinical trial evaluating PrimeC for Alzheimer's disease, demonstrating improvements in brain-cell connectivity and health with a favorable safety profile [1][5][9] Company Overview - NeuroSense Therapeutics is a late-stage clinical biotechnology company focused on developing treatments for severe neurodegenerative diseases, including Alzheimer's disease, amyotrophic lateral sclerosis (ALS), and Parkinson's disease [11] - The company aims to address significant unmet medical needs in neurodegenerative diseases through combined therapies targeting multiple pathways [11] Clinical Trial Details - The RoAD Phase 2 trial is a randomized, double-blind, placebo-controlled study enrolling mild-to-moderate Alzheimer's disease patients, designed to evaluate the safety, efficacy, and biological activity of PrimeC over 12 months [2][6] - Initial results provide a patient-specific view of how PrimeC may affect disease-relevant human neurons, reinforcing the mechanistic rationale for the treatment [3] Technology and Methodology - NeuroKaire's proprietary technology generates brain cells from patients' blood, reprogramming them into induced pluripotent stem cells (iPSCs) and differentiating them into mature human cortical neurons [4] - Advanced imaging and AI-driven analytics are used to quantify neuronal structure and generate profiles related to neuroplasticity, connectivity, and cell health [4] Drug Candidate Information - PrimeC is NeuroSense's lead drug candidate, an extended-release oral formulation combining two FDA-approved drugs: ciprofloxacin and celecoxib, targeting mechanisms contributing to neuron degeneration and inflammation [8] - The treatment has shown enhanced neuroplasticity, a critical feature for brain health and memory retention, with no treatment-related toxicity observed [9] Future Directions - NeuroSense and NeuroKaire will continue to evaluate PrimeC's cellular effects alongside clinical outcomes from the RoAD trial, with top-line data expected after study completion [6]
NeuroSense Therapeutics Announces $500,000 Private Placement at Premium to Market Price
Prnewswire· 2025-09-04 12:49
Company Overview - NeuroSense Therapeutics Ltd. is a late-clinical stage biotechnology company focused on developing treatments for severe neurodegenerative diseases such as amyotrophic lateral sclerosis (ALS), Alzheimer's disease, and Parkinson's disease, which represent significant unmet medical needs with limited therapeutic options available [5] Financing Details - NeuroSense has entered into a definitive agreement for a $500,000 private placement of ordinary shares, issuing 333,334 shares at a purchase price of $1.50 per share, which is a 40% premium to the closing price on September 3, 2025 [2][3] - The private placement is expected to close on September 8, 2025, subject to customary conditions, and the proceeds will be used for general corporate purposes and working capital [2] Management Commentary - The CEO of NeuroSense stated that this investment serves as a short-term bridge to advance the company's activities and prepare for the next stage of growth, emphasizing that this is the third financing with private investors at a premium to market [3]
NeuroSense Therapeutics(NRSN) - 2025 Q2 - Quarterly Report
2025-08-01 13:00
Financial Performance - The company reported a net loss of $4,709,000 for the six months ended June 30, 2025, compared to a net loss of $6,261,000 for the same period in 2024, indicating an improvement of about 24.8%[3] - Research and development expenses decreased from $3,733,000 in the six months ended June 30, 2024, to $2,503,000 in the same period of 2025, a reduction of approximately 33.1%[3] - Cash and cash equivalents at the end of the period decreased to $666,000 from $3,378,000 at the beginning of the period, a decline of approximately 80.3%[7] - Shareholders' equity turned from a positive $2,583,000 as of December 31, 2024, to a deficit of $519,000 as of June 30, 2025[2] Assets and Liabilities - Total current assets decreased from $4,402,000 as of December 31, 2024, to $1,556,000 as of June 30, 2025, representing a decline of approximately 64.7%[2] - The total liabilities increased from $1,992,000 as of December 31, 2024, to $2,203,000 as of June 30, 2025, reflecting an increase of about 10.6%[2] Shareholder Activity - The weighted average number of shares outstanding increased from 16,773,806 in 2024 to 25,402,649 in 2025, an increase of approximately 51.7%[3] - The Company entered into a Capital on Demand Sales Agreement with JonesTrading, allowing for the sale of ordinary shares with an aggregate offering price of up to $2,556 thousand, with $1,410 thousand already sold as of February 21, 2025[16] - During the six-month period ended June 30, 2025, the Company sold 708,952 ordinary shares at an average gross sales price of $1.45 per share, generating aggregate gross proceeds of $1,031 thousand[16] - Under the Standby Equity Purchase Agreement with Yorkville, the Company can sell up to $30.0 million of ordinary shares over 36 months, with 175,000 shares sold at an average gross price of $1.85 per share, resulting in gross proceeds of $323 thousand during the same period[17] - The Company granted 295,512 RSUs to consultants and service providers, with a fair value estimated at $275 thousand[18] - The Company issued 180,000 ordinary shares following the exercise of vested RSUs during the six-month period ended June 30, 2025[20] - The Company issued 14,000 ordinary shares following the exercise of options during the six-month period ended June 30, 2025[20] Compensation and Expenses - The share-based compensation expense for research and development was $18 thousand for the six months ended June 30, 2025, compared to $154 thousand for the same period in 2024[21] - The total share-based compensation expense for general and administrative purposes was $288 thousand for the six months ended June 30, 2025, compared to $152 thousand for the same period in 2024[21] - The options granted to employees have an exercise price of $0.93 per share and vest quarterly over three years[19] - The expected volatility for the options granted was 92.06%, with a risk-free interest rate of 4.38%[19] Business Focus - The company has no products approved for sale and has generated no sales or revenues to date, indicating a pre-revenue status[9] - The company anticipates needing additional cash to fund its mid and long-term development program, highlighting the need for external financing[9] - The company is focused on developing treatments for neurodegenerative diseases, with its lead product candidate being PrimeC, a combination of two FDA-approved drugs[8]
NeuroSense Provides Business Update and Progress for the First Half of 2025
Prnewswire· 2025-08-01 13:00
Core Insights - NeuroSense Therapeutics is advancing its investigational therapy PrimeC for ALS and preparing for a pivotal Phase 3 trial [2][3] - The first half of 2025 has been transformational for the company, regaining Nasdaq compliance and generating additional long-term data from its Phase 2b study [3][5] Corporate Highlights for H1 2025 - Nasdaq compliance was restored after a $5 million private placement in December 2024, strengthening the balance sheet [5] - New analyses from the Phase 2b PARADIGM study showed PrimeC slowed functional decline by approximately 40%, improved overall survival by 74%, and complication-free survival by 79% [6] - Manufacturing capabilities for PrimeC were successfully scaled to commercial levels, ensuring supply chain readiness [8] Financial Results for H1 2025 - Research and development expenses decreased by 32.9% to $2,503 thousand compared to $3,733 thousand in the same period of 2024 [12] - General and administrative expenses slightly decreased by 4.4% to $2,189 thousand [12] - The net loss for the first half of 2025 was $4,709 thousand, down from $6,261 thousand in the first half of 2024 [12] Future Plans - NeuroSense plans to submit a new request for Notice of Compliance with conditions (NOC/c) in Canada, supported by additional data [11] - A multinational Phase 3 study of PrimeC is expected to commence in the second half of 2025 following positive regulatory feedback from the FDA [11] - Discussions are ongoing with a global pharmaceutical partner to advance the development and commercialization of PrimeC [11]
Award-Winning Broadway, Television & Film Star Aaron Lazar Featuring NeuroSense CEO Alon Ben-Noon in a Special Live Podcast on ALS Science, PrimeC's Commercialization Strategies, and Community
Prnewswire· 2025-07-22 12:42
Core Insights - NeuroSense Therapeutics is a late-stage biotechnology company focused on developing treatments for severe neurodegenerative diseases, particularly ALS [12] - The company is set to unveil new insights regarding its investigational therapy PrimeC and its regulatory progress in Canada during a live broadcast event hosted by Aaron Lazar [1][2] Company Overview - NeuroSense Therapeutics is dedicated to discovering and developing therapies for neurodegenerative diseases, including ALS, Alzheimer's, and Parkinson's, which represent significant unmet medical needs [12] - The company employs a strategy of developing combined therapies that target multiple pathways associated with these diseases [12] Product Development - PrimeC, NeuroSense's lead drug candidate, is an extended-release oral formulation combining two FDA-approved drugs, ciprofloxacin and celecoxib, aimed at addressing key mechanisms of ALS [11] - The Phase 2a clinical trial for PrimeC has met safety and efficacy endpoints, showing potential in reducing functional and respiratory deterioration and demonstrating biological activity through significant changes in ALS-related biomarkers [11] Regulatory Milestones - PrimeC has received Orphan Drug Designation from both the U.S. FDA and the European Medicines Agency, indicating its potential to address a rare disease with limited treatment options [11] - The upcoming live event will discuss NeuroSense's regulatory path in Canada and the latest developments regarding its binding term sheet with a pharmaceutical partner [2]
Why This Nano-Cap Stock Might Skyrocket To $14, Per Analyst Insights
Benzinga· 2025-05-12 19:08
Core Insights - NeuroSense Therapeutics Ltd. has scaled up the production of its lead drug candidate, PrimeC, to a commercial scale, which is an extended-release oral formulation combining ciprofloxacin and celecoxib for treating amyotrophic lateral sclerosis (ALS) [1][2] - The company has enhanced its supply chain through comprehensive Chemistry, Manufacturing, and Controls (CMC) improvements and has partnered with a global contract development and manufacturing organization (CDMO) for future commercial supply [2][3] - Stability data indicates a shelf life of at least 36 months at room temperature, and the formulation's intellectual property protection extends until 2042 [3] Commercial Potential - Forecasts suggest that PrimeC could achieve peak annual revenues of $100–150 million in Canada [4] - D. Boral Capital has initiated coverage on NeuroSense with a Buy rating and a price target of $14, citing strong mechanistic rationale supported by preclinical and translational research [4] - The ongoing Phase 2b PARADIGM trial is expected to provide further validation, with topline results anticipated in the second half of 2025 [4] Clinical Developments - Recent findings from the Phase 2b PARADIGM clinical trial indicate that PrimeC significantly impacts microRNA modulation, which is crucial for understanding its potential to slow ALS progression [5][6] - The treatment has shown a 33% reduction in disease progression and a 58% improvement in survival rates [6] Expansion and Strategic Partnerships - NeuroSense is exploring expansion into Alzheimer's and Parkinson's diseases, utilizing similar pathophysiologic targets with modified drug combinations, which could broaden its market reach [7] - The company is in advanced discussions with several multi-billion-dollar pharmaceutical companies for a potential strategic partnership to develop and commercialize PrimeC for ALS [8] - The stock price of NeuroSense has increased by 6.34%, reaching $1.11 [8]
NeuroSense Therapeutics Announces Successful Completion of Commercial Manufacturing Scale-Up for PrimeC in Preparation for Potential Canadian Market Launch
Prnewswire· 2025-05-07 12:45
Core Insights - NeuroSense Therapeutics has successfully scaled up the production of its ALS therapy, PrimeC, to commercial levels, marking a significant step towards commercialization in a projected $100-150 million Canadian market opportunity [1][4] - The company has enhanced its supply chain with comprehensive Chemistry, Manufacturing, and Controls (CMC) improvements, ensuring a robust infrastructure for commercial launch [2][3] - NeuroSense is collaborating with a global Contract Development and Manufacturing Organization (CDMO) for the production of PrimeC, with validated analytical methods and a confirmed shelf life of at least 36 months at room temperature [3][4] Manufacturing and Regulatory Strategy - The manufacturing milestone is seen as a critical advancement in the company's commercialization roadmap, positioning PrimeC for rapid entry into the Canadian market upon regulatory approval [4] - NeuroSense is pursuing early market entry through the Notice of Compliance with Conditions (NOC/c) pathway with Health Canada, aimed at expediting access to therapies for serious conditions [4] - The company’s patent protection for PrimeC extends through 2042, reinforcing its market position and long-term growth strategy [4] Market Potential and Company Overview - The potential peak annual revenue for PrimeC in Canada is estimated between $100 million and $150 million, addressing significant unmet medical needs in ALS treatment [4] - NeuroSense focuses on developing treatments for severe neurodegenerative diseases, including ALS, Alzheimer's, and Parkinson's, which represent significant unmet medical needs [5]
NeuroSense Therapeutics Releases Letter to Shareholders Outlining Clinical Progress, Regulatory Strategy, and Partnership Update
Prnewswire· 2025-04-24 13:09
Core Insights - NeuroSense Therapeutics is progressing towards a Phase 3 clinical trial for PrimeC in ALS, with a positive regulatory pathway and ongoing partnership discussions with a global pharmaceutical company [1][5][3] Strategic Partnership Update - The company entered a binding term sheet with a leading global pharmaceutical company in December 2024, although finalizing the agreement has taken longer than anticipated due to its complexity [3][4] - Ongoing communications with the potential partner are constructive, and the company remains optimistic about the collaboration's potential impact [4] Regulatory and Commercial Pathway - Following positive feedback from the FDA, the Phase 3 clinical trial is set to begin in the second half of 2025, with sites primarily in the U.S. and Europe [5] - In Canada, discussions with Health Canada are progressing towards a potential Notice of Compliance with Conditions (NOC/c) pathway, which would allow earlier access to PrimeC for patients [6][7] - The potential peak annual revenue in Canada is estimated at $100–150 million, with a focus on addressing the unmet needs of the ALS community [7] Clinical Program Progress - The Phase 2b PARADIGM study showed a statistically significant 33% slowing of disease progression and a 58% improvement in survival rates compared to placebo [10] - PrimeC has demonstrated a favorable safety and tolerability profile, with high participant retention rates [11] Scientific Validation and Mechanism Insights - Recent biomarker findings presented at a neurology conference validate PrimeC's mechanism of action and its ability to modulate key disease-related biomarkers [12][13] Financial Outlook - The potential strategic partnership is expected to enhance the company's financial position through upfront capital and funding for the Phase 3 program [14] - The company has no immediate plans for additional capital raising but will evaluate opportunities as they arise [15] Looking Forward - The upcoming months are critical for NeuroSense as it prepares for the Phase 3 trial, advances regulatory discussions in Canada, and works towards finalizing the strategic partnership [16]