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Eupraxia Pharmaceuticals to Host Virtual KOL Event to Discuss the Phase 1b/2a RESOLVE Study of EP-104GI for the Treatment of Eosinophilic Esophagitis (EoE) on May 9, 2025
Globenewswire· 2025-05-07 18:00
Core Viewpoint - Eupraxia Pharmaceuticals is hosting a virtual key opinion leader event to discuss clinical data from its Phase 1b/2a RESOLVE Study for EP-104GI, aimed at treating eosinophilic esophagitis (EoE) [1][2][3] Company Overview - Eupraxia Pharmaceuticals is a clinical-stage biotechnology company focused on developing locally delivered, extended-release products to address high unmet medical needs [7] - The company utilizes its proprietary DiffuSphere™ technology for optimized drug delivery, which aims to enhance safety, tolerability, efficacy, and duration of effect [7][8] Clinical Study Details - The RESOLVE trial is a Phase 1b/2a, multicenter, open-label, dose-escalation study evaluating the safety, tolerability, pharmacokinetics, and efficacy of EP-104GI in adults with active EoE [5] - EP-104GI is administered via esophageal wall injections, with patients evaluated for up to 52 weeks depending on the cohort [5] - Additional long-term data is expected to be released in Q3 2025 [5] Eosinophilic Esophagitis (EoE) Insights - EoE is an inflammatory disease affecting over 450,000 people in the U.S., characterized by white blood cells accumulating in the esophagus, leading to pain and swallowing difficulties [6] - The condition is rapidly increasing in incidence and prevalence, contributing to significant healthcare burdens and mental health issues for affected individuals [6] Expert Involvement - Dr. Evan Dellon, a leading expert in EoE, will participate in the KOL event to discuss the unmet needs and treatment landscape for EoE, alongside Eupraxia's CEO [2][3][4]
Eupraxia Pharmaceuticals Reports First Quarter 2025 Financial Results
Globenewswire· 2025-05-06 22:00
Core Insights - Eupraxia Pharmaceuticals has reported significant clinical milestones for its EP-104GI treatment for Eosinophilic Esophagitis (EoE), showing promising nine-month data from the Phase 1b/2a RESOLVE trial [2][8] - The company has a cash runway projected to fund operations until the third quarter of 2026, with current cash reserves of $27.5 million [5][6] Clinical Development - The RESOLVE trial indicates that a single treatment with a 48mg dose of EP-104GI leads to sustained or improved treatment outcomes over nine months, supporting its potential as a transformative therapy for EoE [2][8] - The company plans to advance into higher-dose cohorts in the upcoming quarters based on the positive results observed [2] Financial Performance - For Q1 2025, the company reported a net loss of $6.8 million, an increase from a net loss of $6.2 million in Q1 2024, primarily due to changes in research and development costs and general administrative expenses [4] - Cash reserves decreased from $33.1 million at the end of Q4 2024 to $27.5 million as of March 31, 2025, with funds allocated for clinical trials and general corporate purposes [5] Management and Operations - Alex Rothwell has been appointed as the new Chief Financial Officer, succeeding Bruce Cousins [8] - The company continues to monitor the impact of potential tariffs on its operations, particularly in light of recent trade announcements between the U.S. and Canada [7][10] Technology and Product Pipeline - Eupraxia's proprietary DiffuSphere™ technology is designed to optimize drug delivery, potentially improving the safety and efficacy of existing and novel drugs [12] - The company is also developing a pipeline of long-acting formulations targeting various therapeutic areas, including inflammatory joint conditions and oncology [13]
Halozyme to Participate in the BofA Securities 2025 Healthcare Conference
Prnewswire· 2025-05-05 21:15
Company Overview - Halozyme Therapeutics, Inc. is a biopharmaceutical company focused on advancing disruptive solutions to enhance patient experiences and outcomes for both emerging and established therapies [3] - The company is known for its ENHANZE® drug delivery technology, which utilizes the proprietary enzyme rHuPH20 to facilitate subcutaneous delivery of injected drugs and fluids, aiming to improve patient experience through rapid delivery and reduced treatment burden [3] - Halozyme has impacted one million patient lives through post-marketing use of ten commercialized products across more than 100 global markets [3] Product and Technology - Halozyme has licensed its ENHANZE® technology to major pharmaceutical and biotechnology companies, including Roche, Takeda, Pfizer, and AbbVie, among others [3] - The company also develops and commercializes drug-device combination products using advanced auto-injector technologies, which offer advantages such as improved convenience, reliability, and patient comfort [4] - Halozyme has two proprietary commercial products, Hylenex® and XYOSTED®, and is engaged in ongoing product development programs with partners like Teva Pharmaceuticals and McDermott Laboratories Limited [4] Upcoming Events - Dr. Helen Torley, the president and CEO of Halozyme, will present and host investor meetings at the BofA Securities 2025 Healthcare Conference on May 13, 2025, at 4:20 PM PT / 7:20 PM ET [1] - A live audio webcast of the presentation will be available on the company's Investor Relations website, with replays accessible for 90 days post-conference [2]
Halozyme Announces argenx Received Positive CHMP Opinion for VYVGART® (efgartigimod alfa) Subcutaneous Injection with ENHANZE® for Chronic Inflammatory Demyelinating Polyneuropathy (CIDP)
Prnewswire· 2025-04-28 11:30
Core Insights - Halozyme Therapeutics, Inc. announced that argenx received a positive opinion from the Committee for Medicinal Products for Human Use (CHMP) recommending European Commission (EC) approval of VYVGART® 1000mg for treating chronic inflammatory demyelinating polyneuropathy (CIDP) [1][4] - VYVGART® is the first targeted IgG Fc-antibody fragment for CIDP and represents the first novel mechanism of action for CIDP treatment in over 30 years [2] - The CHMP recommendation is based on positive results from the ADHERE clinical trial, the largest study of CIDP patients to date [4] Company Overview - Halozyme is a biopharmaceutical company focused on improving patient experiences and outcomes through its ENHANZE® drug delivery technology, which facilitates subcutaneous delivery of injected drugs [5] - The company has licensed its ENHANZE® technology to major pharmaceutical companies including Roche, Takeda, and Pfizer, impacting over one million patients globally [5] - Halozyme also develops drug-device combination products aimed at enhancing patient comfort and adherence [6] Market Implications - The EC decision on the marketing authorization application is expected within approximately two months, which will apply to all 27 EU Member States and additional countries [1][4] - The approval of VYVGART® could provide a groundbreaking treatment option for patients with rare autoimmune diseases across Europe [3]