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ZyVersa Unveils Groundbreaking Potential of Inflammasome Inhibitors in Combination with GLP-1 Agonists to Address Unmet Medical Needs of People Living with Obesity; Provides R&D Update
GlobeNewswire· 2025-05-07 11:57
WESTON, Fla., May 07, 2025 (GLOBE NEWSWIRE) -- ZyVersa Therapeutics, Inc. (Nasdaq: ZVSA), a clinical-stage biopharmaceutical company specializing in first-in-class therapies for inflammatory and renal diseases, announces significant developments for Inflammasome ASC Inhibitor IC 100. CEO Stephen C. Glover issued a shareholder letter detailing the company's strategy to position IC 100 as a complementary therapy to GLP-1 agonists to treat obesity-associated cardiometabolic complications. Obesity: A Global Hea ...
ZyVersa Therapeutics Announces Published Data Showing Inflammasome ASC Inhibitor IC 100 Decreases Microglial Inflammasome Activation and Alpha-Synuclein That Contribute to Neurodegeneration in Parkinson’s Disease
GlobeNewswire· 2025-04-29 11:57
Core Insights - ZyVersa Therapeutics, Inc. announces promising data for its Inflammasome ASC Inhibitor IC 100, which may slow the progression of Parkinson's disease [1][3] - The study published in npj Parkinson's Disease shows that IC 100 blocks microglial inflammasome activation and reduces neurotoxic alpha-synuclein accumulation, both critical in Parkinson's disease progression [2][7] Company Overview - ZyVersa is a clinical stage specialty biopharmaceutical company focused on developing first-in-class drugs for inflammatory and renal diseases, with a significant market opportunity exceeding $100 billion [10] - The company is advancing its lead candidate IC 100, a humanized IgG4 monoclonal antibody targeting inflammasome adaptor protein ASC, which is designed to mitigate inflammatory responses [6][10] Study Findings - The research indicates that IC 100 uniquely inhibits ASC speck activity and misfolded protein aggregates, making it a strong candidate for treating neurodegenerative diseases, including Lewy body dementia and Alzheimer's Disease [5] - The study highlights the presence of ASC and NLRP1 in alpha-synuclein aggregates in neuronal Lewy bodies, suggesting a link between inflammasome activation and neurodegeneration in Parkinson's disease [8] Market Context - The global Parkinson's disease drug market was valued at $6.6 billion in 2024 and is projected to reach $13.3 billion by 2034, indicating significant growth potential for innovative treatments [7]
ZyVersa Therapeutics CEO Issues Shareholder Letter Announcing Transformative R&D Trends for Inflammasome Inhibitors, and Provides Update on Inflammasome ASC Inhibitor IC 100’s Development Status
GlobeNewswire· 2025-04-24 11:57
WESTON, Fla., April 24, 2025 (GLOBE NEWSWIRE) -- ZyVersa Therapeutics, Inc. (Nasdaq: ZVSA; “ZyVersa”), a clinical stage specialty biopharmaceutical company developing first-in-class drugs for treatment of patients with renal and inflammatory diseases who have unmet medical needs, announces that Stephen C. Glover, Co-Founder, Chairman, Chief Executive Officer, and President, has issued a Shareholder Letter addressing R&D trends for inflammasome inhibitors in development, and provides an update on the develop ...
ZyVersa Therapeutics CEO Issues Shareholder Letter on PARASOL Recommendations Expected to Reduce Drug Development Barrier for Rare Kidney Disease, Focal Segmental Glomerulosclerosis (FSGS)
GlobeNewswire· 2025-04-08 11:57
WESTON, Fla., April 08, 2025 (GLOBE NEWSWIRE) -- ZyVersa Therapeutics, Inc. (Nasdaq: ZVSA; “ZyVersa”), a clinical stage specialty biopharmaceutical company developing first-in-class drugs for treatment of patients with renal and inflammatory diseases who have unmet medical needs, announces that Stephen C. Glover, Co-Founder, Chairman, Chief Executive Officer, and President, has issued a Shareholder Letter addressing the recent PARASOL recommendations expected to shorten drug development time and approval fo ...
ZyVersa Therapeutics Reports Full Year 2024 Financial Results and Provides Business Update
GlobeNewswire· 2025-03-27 13:15
KEY HIGHLIGHTS: Phase 2a proof-of concept clinical trial for Cholesterol Efflux Mediator™ VAR 200 in patients with diabetic kidney disease (DKD) expected to begin H1-2025. Regulatory path for VAR 200’s lead indication, focal segmental glomerulosclerosis (FSGS), expected to be shorter based on FDA’s alignment with data supporting proteinuria reduction as a clinical trial endpoint for approval of FSGS drugs (Parasol Initiative). Obesity proof-of-concept studies with Inflammasome ASC Inhibitor IC 100 in diet-i ...
ZyVersa Therapeutics(ZVSA) - 2024 Q4 - Annual Report
2025-03-27 13:05
Clinical Development - VAR 200 is in clinical development for the treatment of focal segmental glomerulosclerosis (FSGS), with plans to initiate a small Phase 2a trial in patients with diabetic kidney disease in H1-2025[20] - IC 100, targeting obesity with metabolic complications, is nearing completion of preclinical development, with a planned IND submission in H2-2025[21] - The company aims to expand its product portfolio by developing multiple indications for VAR 200 and IC 100, including Alport Syndrome and diabetic kidney disease for VAR 200, and Alzheimer's and Parkinson's diseases for IC 100[36] - Preclinical studies for IC 100 are underway in Alzheimer's and Parkinson's diseases, with plans to initiate IND-enabling studies in diet-induced obesity[21] - The company is preparing to initiate two IND-enabling preclinical studies with IC 100 in DIO obesity models, comparing its effects to semaglutide[65] Market Opportunity - Approximately 40,000 people in the United States are affected by FSGS, with 40-60% of patients progressing to end-stage kidney disease within 10-20 years[25] - The economic burden of chronic kidney disease (CKD) in the United States was approximately $130 billion in 2018, highlighting the need for effective therapies[22] - The U.S. prevalence of diabetic kidney disease is up to 12 million, highlighting a significant market opportunity for renal therapies[100] - The global renal drug market is projected to grow from $17.71 billion in 2024 to $30.3 billion by 2034, driven by rising obesity and diabetes rates[98] - The global anti-inflammatory biologics market is valued at $104.81 billion in 2024 and projected to reach $185.51 billion by 2034, driven by chronic inflammatory diseases[102] Mechanism of Action and Efficacy - VAR 200's mechanism of action involves mediating cholesterol efflux to preserve renal structure and function, potentially reducing proteinuria and delaying the need for dialysis[40] - VAR 200 demonstrated a significant reduction in cholesterol levels in the renal cortex of FSGS mice, leading to a notable decrease in proteinuria (albumin/creatinine ratio) compared to untreated mice[46] - In the Adriamycin-induced FSGS model, VAR 200 treatment resulted in a significant reduction in mesangial expansion and proteinuria, as well as lower blood urea nitrogen (BUN) levels compared to untreated mice[49] - VAR 200 significantly reduced renal neutral lipid, cholesterol ester, and cholesterol crystal accumulation in Alport Syndrome mice, correlating with improved renal function and reduced proteinuria[54][56] - In diabetic kidney disease models, VAR 200 treatment led to a significant reduction in total cholesterol and renal damage, with statistically significant decreases in proteinuria observed from 3 months onward[61] - IC 100 showed a 55% reduction in retinal ASC speck formation in retinopathy models, indicating its potential to alleviate retinal inflammation and structural damage[82] - In stroke-related cardiovascular injury models, IC 100 administration resulted in significant reductions in IL-1β levels and improved cardiac function post-stroke[77] - IC 100 treatment in MS models delayed disease onset and improved functionality, evidenced by reduced activated microglial cells in the spinal cord[91] Regulatory and Compliance - The FDA is expected to adopt recommendations from the Parasol project, which identified proteinuria reduction as a surrogate endpoint for FSGS drug approval, based on data from over 1,600 patients[98] - The FDA regulates drug products and requires extensive data demonstrating quality, safety, and efficacy before a new drug can be marketed, which involves significant time and financial resources[129] - The FDA may require substantial post-approval testing and surveillance, including Phase IV clinical trials, to monitor product safety or efficacy after approval[155] - The FDA requires a user fee payment exceeding $2.5 million for each NDA or BLA submission, as of fiscal year 2019[145] - The FDA may issue a complete response letter if the NDA or BLA is not ready for approval, which may require additional clinical data or trials[151] Financial and Operational Challenges - The company is a development stage entity with no revenues and limited operating history, which may affect its business prospects[199] - The company has never been profitable, with an accumulated net loss of approximately $179 million as of December 31, 2024, and has not generated any revenue from product sales[208] - The company will need substantial additional capital to develop and commercialize its product candidates, particularly VAR 200 and IC 100, and has no commitments for additional financing[213] - The company expects to incur increased expenses as it continues clinical development for VAR 200 and preclinical development for IC 100, leading to continued net losses and negative cash flows[208] - The company is dependent on the successful development, regulatory approval, and commercialization of its product candidates, facing significant competition if approved[200] Intellectual Property - The company has an exclusive, sublicensable, worldwide license for 2-hydroxypropyl-beta-cyclodextrin (2HPβCD) for treating kidney disease, with 4 issued U.S. patents and 12 foreign granted or allowed applications, expected to last until at least 2033[125] - The patent portfolio for IC 100 includes 5 patent families with 6 issued U.S. patents and 14 foreign granted patents, with a term until at least December 2037[126] - The company has no patents or patent applications outside of those connected to the L&F or InflamaCORE License Agreements, and there is no guarantee that the validity of these patents will be upheld if challenged[127] Strategic Partnerships - The company has entered into a License Agreement with L&F Research, involving an upfront fee of $200,000 and potential milestone payments up to $21.5 million for VAR 200 development[106] - The company has a sublicense agreement with InflamaCORE for IC 100, with an upfront fee of $346,321.08 and potential milestone payments up to $22.5 million[114] Workforce and Corporate Structure - The company has seven full-time employees as of December 31, 2024, and maintains good relations with its workforce[194] - The company was incorporated on March 17, 2021, and changed its name to ZyVersa Therapeutics, Inc. on December 12, 2022, following a business combination[195] Risks and Uncertainties - The company may face litigation risks and potential liabilities that could harm its professional reputation and financial condition[200] - The company is subject to extensive domestic and foreign regulations, which may impose significant costs and compliance requirements[200] - The company may not be able to continue as a going concern without additional funding, raising doubts about its ability to sustain operations[210] - The company must navigate complex healthcare reforms and pricing pressures that could affect its ability to sell products profitably[182] - The COVID-19 pandemic has adversely affected operating results, with future impacts depending on external factors beyond the company's control[218]
ZyVersa Therapeutics Highlights Data Published in the Journal of the American Heart Association Demonstrating Inflammasome Inhibition Attenuates Obesity-Associated Cardiomyopathy in Animal Model Study
GlobeNewswire· 2025-03-18 11:57
Core Insights - ZyVersa Therapeutics, Inc. is developing first-in-class drugs targeting inflammatory and renal diseases, with a focus on obesity-associated cardiomyopathy [1][7] - Newly published animal model data indicates that inflammasome inhibition can reduce obesity-related heart disease, supporting the potential of ZyVersa's Inflammasome ASC Inhibitor IC 100 as a therapeutic option [2][5] Group 1: Research Findings - The study confirms that NLRP3 inflammasome activation in cardiomyocytes exacerbates obesity-associated cardiomyopathy, suggesting that inhibiting this inflammasome could be a potent therapeutic approach [3][5] - Data from the study showed that NLRP3 inflammasome inhibition led to reduced inflammation, heart muscle enlargement, and fibrosis, ultimately improving heart function [5][6] Group 2: Product Information - IC 100 is a humanized IgG4 monoclonal antibody designed to inhibit the inflammasome adaptor protein ASC, targeting multiple inflammasomes including NLRP1, NLRP2, NLRP3, NLRC4, AIM2, and Pyrin [3][6] - The lead indication for IC 100 is obesity with associated metabolic complications, with a total accessible market exceeding $100 billion [7]
ZyVersa Therapeutics Highlights Data Demonstrating Inflammasome Inhibition Reduces Neuroinflammation and Pathological Brain Deposition of Amyloid Beta in Alzheimer's Disease Mouse Model
GlobeNewswire News Room· 2025-03-12 11:57
Alzheimer’s disease (AD), affecting around 6.9 million people in the US, is ranked as the seventh leading cause of death and is the most common cause of dementia among older adults.AD begins with buildup of amyloid beta (Aβ) plaques and neurofibrillary tangles in the brain that causes brain cells to die over time and the brain to shrink.The data demonstrate that initial deposition of Aβ triggers NLRP3 inflammasome activation causing release of ASC specks which rapidly enhance aggregation of Aβ. Aβ aggregate ...
ZyVersa Therapeutics Highlights Data Demonstrating Inflammasome Inhibition Reduces Neuroinflammation and Pathological Brain Deposition of Amyloid Beta in Alzheimer's Disease Mouse Model
Newsfilter· 2025-03-12 11:57
Alzheimer's disease (AD), affecting around 6.9 million people in the US, is ranked as the seventh leading cause of death and is the most common cause of dementia among older adults.AD begins with buildup of amyloid beta (Aβ) plaques and neurofibrillary tangles in the brain that causes brain cells to die over time and the brain to shrink.The data demonstrate that initial deposition of Aβ triggers NLRP3 inflammasome activation causing release of ASC specks which rapidly enhance aggregation of Aβ. Aβ aggregate ...
ZyVersa Therapeutics, Inc. Announces Pricing of $2.0 Million Private Placement Priced At The Market
GlobeNewswire· 2025-03-06 13:00
Core Viewpoint - ZyVersa Therapeutics, Inc. has entered into a securities purchase agreement with a U.S. institutional investor for the sale of 2,105,265 shares of common stock and warrants, raising approximately $2.0 million in gross proceeds at an effective price of $0.95 per share [1][2]. Group 1: Securities Offering Details - The offering includes 2,105,265 shares of common stock and warrants to purchase an equal number of shares at an exercise price of $1.00, with the warrants expiring five years from the initial exercise date [1]. - The closing of the offering is expected around March 7, 2025, pending customary closing conditions [2]. - The net proceeds from the offering will be used for general working capital [2]. Group 2: Registration and Compliance - The securities are being offered in a transaction not involving a public offering and will not be registered under the Securities Act of 1933 initially [3]. - The company is required to file a registration statement with the SEC covering the resale of the securities within 10 days after the filing of its Annual Report on Form 10-K [4]. Group 3: Warrant Amendments - Existing warrants to purchase 957,200 shares at an exercise price of $2.06 will be amended to a reduced exercise price of $1.00, subject to stockholder approval [6]. Group 4: Company Overview - ZyVersa Therapeutics is a clinical stage biopharmaceutical company focused on developing first-in-class drugs for inflammatory and renal diseases, with a total accessible market exceeding $100 billion [7]. - The company is advancing its proprietary technologies, including a monoclonal antibody for obesity-related metabolic complications and a treatment for focal segmental glomerulosclerosis [7].