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Pharma Equity Group's subsidiary, Reponex Pharmaceuticals A/S, receives regulatory approval to initiate pivotal clinical trial with RNX-011 for life-threatening peritonitis
Globenewswire· 2025-09-01 11:06
Core Viewpoint - Reponex Pharmaceuticals A/S has received regulatory approval to initiate a pivotal Phase 2 clinical trial for RNX-011, targeting secondary peritonitis, a life-threatening condition with high mortality rates [1][2]. Group 1: Study Details - The clinical trial is a randomized, placebo-controlled study that will evaluate a triple-action combination therapy (fosfomycin, metronidazole, and GM-CSF) administered directly into the abdominal cavity during surgery [3]. - The primary endpoint of the study is to demonstrate that RNX-011 can reduce serious postoperative complications, such as abscesses and the need for re-operation [4]. - The study will also assess the treatment's impact on local inflammation (IL-6) and overall patient recovery (QoR-15) to provide strong mechanistic data [4]. Group 2: Company Perspective - The approval is seen as a crucial commercial milestone for Pharma Equity Group, transitioning from proof-of-concept to a pivotal study that aims to deliver data required by major pharmaceutical companies [6]. - The company emphasizes its commitment to advancing Reponex Pharmaceuticals' medical projects and improving healthcare outcomes globally [8]. - Pharma Equity Group intends to focus on the success of Reponex Pharmaceuticals before exploring new strategic investments [8]. Group 3: Study Enrollment - The study is expected to enroll 32 patients, with the first patient anticipated to be included in Q4 2025 [5].
MediciNova Achieves Enrollment in COMBAT-ALS Clinical Trial
Globenewswire· 2025-08-26 23:00
Core Insights - MediciNova, Inc. has successfully enrolled the target number of participants in its COMBAT-ALS Phase 2b/3 clinical trial for MN-166 (ibudilast), aimed at treating Amyotrophic Lateral Sclerosis (ALS) [1][2] Company Overview - MediciNova is a clinical-stage biopharmaceutical company focused on developing novel small molecule therapies for inflammatory, fibrotic, and neurodegenerative diseases, with a pipeline that includes 11 clinical programs [4] - The lead asset, MN-166 (ibudilast), is in late-stage clinical development for ALS and other neurodegenerative conditions, and is also being evaluated for Long COVID and substance dependence [4] Product Details - MN-166 (ibudilast) is a small molecule that inhibits phosphodiesterase type-4 (PDE4) and inflammatory cytokines, and is being developed for various conditions including ALS, progressive multiple sclerosis, and glioblastoma [3] - The COMBAT-ALS study has enrolled participants across multiple sites in the US and Canada, indicating a broad collaborative effort [2]
Talphera Announces Achievement of 17 Patient Enrollment Milestone in NEPHRO CRRT Pivotal Trial
Prnewswire· 2025-08-25 12:30
Core Insights - Talphera, Inc. has achieved a significant milestone in its NEPHRO CRRT clinical trial by enrolling 17 out of the planned 70 patients, which is approximately 25% of the total enrollment target [1][2] - The company is on track to complete the study by the end of 2025, supported by an accelerated recruitment rate from new clinical sites [1][2] Enrollment Progress - The NEPHRO CRRT trial has seen an increase in enrollment, with 17 patients now participating, up from 15 just a week prior [2] - Over 90% of the enrolled patients are coming from newly targeted clinical sites, indicating a successful re-launch of the study [2] Study Design and Objectives - The NEPHRO CRRT Study is a prospective, double-blinded trial conducted in up to 14 U.S. hospital intensive care units, focusing on 70 adult patients who cannot tolerate heparin or are at risk for bleeding [3] - The primary endpoint is the mean post-filter activated clotting time using Niyad versus placebo over the first 24 hours, with key secondary endpoints including filter lifespan and dialysis efficacy [3] Product Information - Niyad is a lyophilized formulation of nafamostat, a synthetic serine protease inhibitor with anticoagulant and anti-inflammatory properties, currently under investigation as an anticoagulant for extracorporeal circuits [4][5] - The product has received Breakthrough Device Designation from the FDA, highlighting its potential significance in medical applications [5] Company Overview - Talphera, Inc. specializes in developing and commercializing innovative therapies for medically supervised settings, with a focus on products like Niyad [5]
Spero Therapeutics Announces Second Quarter 2025 Operating Results and Provides a Business Update
GlobeNewswire News Room· 2025-08-12 20:01
Core Viewpoint - Spero Therapeutics reported significant progress in its tebipenem HBr program, with the Phase 3 PIVOT-PO trial meeting its primary endpoint, indicating potential for a new standard of care in treating complicated urinary tract infections (cUTI) [2][6][7]. Financial Results - For Q2 2025, Spero reported a net loss of $1.7 million, a significant reduction from a net loss of $17.9 million in Q2 2024, translating to a diluted net loss per share of $0.03 compared to $0.33 in the previous year [17][20]. - Total revenue for Q2 2025 was $14.2 million, up from $10.2 million in Q2 2024, primarily driven by collaboration revenue from GSK [17][20]. - Research and development expenses decreased to $10.7 million in Q2 2025 from $23.7 million in Q2 2024, attributed to reduced clinical expenses related to the PIVOT-PO trial [17][20]. - General and administrative expenses increased slightly to $5.9 million in Q2 2025 from $5.5 million in Q2 2024, mainly due to higher personnel and professional service costs [17][20]. Pipeline Update - Tebipenem HBr is being developed as an oral carbapenem antibiotic for treating cUTI, including pyelonephritis, with the potential to reduce hospital stays and improve patient outcomes [3][6]. - The PIVOT-PO trial was stopped early for efficacy, with plans to submit data to the FDA in the second half of 2025 [6][7]. - The oral development program for SPR720 in nontuberculous mycobacterium pulmonary disease (NTM-PD) was suspended following an interim analysis that did not meet its primary endpoint [8]. Corporate Update - Esther Rajavelu was appointed as President and CEO of Spero effective May 2, 2025, and continues to serve as Chief Financial Officer [8]. - As of June 30, 2025, Spero had cash and cash equivalents of $31.2 million, with projections to fund operations into 2028 [9][19].
Curis(CRIS) - 2025 Q2 - Earnings Call Transcript
2025-08-05 13:30
Financial Data and Key Metrics Changes - Curis reported a net loss of $8.6 million or $0.68 per share for Q2 2025, compared to a net loss of $11.8 million or $2.03 per share for the same period in 2024, indicating an improvement in financial performance [11] - Research and development expenses decreased to $7.5 million in Q2 2025 from $10.3 million in Q2 2024, primarily due to lower employee-related costs and clinical expenses [11] - General and administrative expenses also decreased to $3.5 million in Q2 2025 from $4.8 million in Q2 2024, reflecting reduced employee-related and legal costs [12] Business Line Data and Key Metrics Changes - The company is focused on the "take aim lymphoma" study evaluating emigosertib in combination with ibrutinib for patients with primary CNS lymphoma (PCNSL), with plans to enroll 30 to 40 additional patients over the next 12 to 18 months [5][6] - In the AML segment, emivocertib showed a 38% composite complete response (CR) rate in relapsed/refractory AML patients with FLT3 mutations, compared to 21% for gilteritinib, indicating a competitive edge [8][9] Market Data and Key Metrics Changes - The company is exploring emivacertib's potential in high-risk myelodysplastic syndromes (MDS) following the failure of the Varonis study, which has generated interest in combining azacitidine with emivacertib [10] - The competitive landscape in CLL is evolving with the introduction of BTK degraders and next-generation BCL2 inhibitors, but the company believes there is still room for its combination therapy [18][20] Company Strategy and Development Direction - Curis aims to improve the standard of care for CLL and NHL patients by adding emivacertib to BTK inhibitors, potentially allowing patients to achieve deeper responses and reduce the risk of resistance [7] - The company is also planning a registrational study comparing emivacertib to gilteritinib in the relapsed/refractory AML setting, indicating a strategic focus on expanding its treatment options [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ongoing discussions with the FDA and EMA regarding accelerated submissions for the lymphoma study, despite the current uncertain regulatory environment [39] - The company believes its lead indication in NHL, particularly in PCNSL where there are no approved drugs, positions it favorably for future growth [39] Other Important Information - Curis completed a registered direct offering and private placement in July 2025, raising approximately $6 million, which, along with existing cash, is expected to fund operations into 2026 [12] - The company has over 30 clinical sites open for patient enrollment in the lymphoma study, with expectations of enrolling one patient per site per year due to the ultra-rare nature of the indication [24] Q&A Session Summary Question: What do you think the bar would be for the BTK combination study in CLL? - Management believes that adding emivacertib to a commercially available BTK inhibitor can lead to minimal residual disease (MRD) negativity or complete remissions, addressing an unmet medical need in CLL [16][17] Question: Can you provide any color on enrollment progression for the lymphoma study? - Enrollment is steady but challenging due to the ultra-rare population, with expectations of one patient per site per year [24][30] Question: How do you plan to prioritize development between PCNSL and CLL? - The company is actively discussing how to allocate resources efficiently, given the compelling data and multiple potential studies [48] Question: What is the status of discussions with the FDA regarding accelerated approval? - Management confirmed that discussions with the FDA remain positive and aligned with key activities [39] Question: Are there any updates on the investigator-sponsored solid tumor studies? - There are no current updates, but the company is hopeful for data from at least one study this year [51]
Nicox’s Partner Kowa Initiates NCX 470 Phase 3 Clinical Trial in Japan
Globenewswire· 2025-08-05 05:30
Core Viewpoint - Nicox SA's exclusive Japanese partner, Kowa, has initiated a Phase 3 safety clinical trial for NCX 470 in Japan, which will trigger a €2 million milestone payment to Nicox. This trial is part of the process to seek marketing approval for NCX 470 in Japan, requiring only one additional confirmatory Phase 3 trial [1][6]. Group 1: Clinical Trials and Development - Kowa is responsible for financing and managing the Phase 3 trials under a license agreement with Nicox, and the first patient has been enrolled in the safety trial [2][6]. - The confirmatory trial, involving 500 patients, is expected to start shortly and is necessary for the marketing approval submission [3]. - NCX 470 is currently in Phase 3 clinical development programs in the U.S., China, and Japan, aimed at lowering intraocular pressure in patients with open-angle glaucoma or ocular hypertension [4]. Group 2: Product Information - NCX 470 is a novel NO-donating bimatoprost eye drop, and its Phase 3 trials are designed to meet regulatory requirements for safety and efficacy to support NDA submissions in the U.S. and China [4]. - The results of the first Phase 3 clinical trial, Mont Blanc, have been published, and topline results from the second trial, Denali, are expected between mid-August and mid-September 2025 [4]. Group 3: Company Overview - Nicox SA is an international ophthalmology company focused on developing innovative solutions for ocular health, with NCX 470 being its lead clinical product candidate [5]. - The company has a preclinical research program on NCX 1728, a nitric oxide-donating phosphodiesterase-5 inhibitor, in collaboration with Glaukos [5]. - Nicox's first product, VYZULTA®, is commercially available in the U.S. and over 15 other territories, and the company generates revenue from ZERVIATE® in allergic conjunctivitis [5].
hVIVO eyes 2026 growth after H1 update - ICYMI
Proactiveinvestors NA· 2025-07-26 13:04
Core Insights - hVIVO PLC reported first-half revenue of £24 million, driven by growth in diversified services, particularly in laboratory operations and the newly acquired Clinical Research Services (CRS) [2][5] - The company maintains a debt-free status with cash deposits of approximately £23 million [2][6] - The integration of CRS and Cryostore is progressing well, with CRS contributing £5.2 million in revenue and Cryostore adding £300,000 [3][7] Financial Performance - EBITDA margins for the first half stood at around 12%, supported by operational efficiencies and upfront non-refundable fees from cancelled contracts [2][6] - The company aims for £47 million in revenue for 2025, with low single-digit EBITDA expected due to cost control measures [5][11] Market Conditions - Macroeconomic headwinds, including U.S. regulatory shifts and biotech funding pressures, have delayed clinical trial decisions [4][8] - Despite these challenges, the order book was £40 million at the end of June, with proposals submitted in 2025 already exceeding those of 2024 [4][10] Strategic Outlook - hVIVO is diversifying beyond infectious diseases, focusing on areas like cardio-metabolic trials, which positions the company for broader growth [5][12] - The company is optimistic about the sales pipeline, having submitted more proposals in the first half of 2025 than in all of 2024 [9][10] Integration and Acquisitions - The integration of CRS and Cryostore is largely complete, with operational teams aligned and backend integration ongoing [3][8] - The acquisitions were made for around £11 million, net of cash acquired, laying a foundation for long-term growth [7][8] Future Plans - The company is actively recruiting a new chair, with due diligence ongoing and an announcement expected soon [11] - hVIVO is confident in delivering strong results, supported by a strong foundation and a diverse service offering [12]
Karolinska Development's portfolio company Modus Therapeutics completes enrollment in part 1 of its phase 2a study with sevuparin
Globenewswire· 2025-07-14 06:00
Core Insights - Modus Therapeutics has successfully completed patient enrollment for part 1 of its clinical phase 2a study evaluating sevuparin as a treatment for chronic kidney disease with anemia [1][2] - The study aims to assess the safety and dosing levels of sevuparin in patients with chronic kidney disease (stage 3-5) and healthy volunteers, conducted in Italy [2] - Karolinska Development holds a 66% ownership stake in Modus Therapeutics, indicating significant investment in the company's potential [3] Company Overview - Karolinska Development AB is a Nordic life sciences investment company focused on identifying and developing breakthrough medical innovations in the Nordic region [4][5] - The company aims to build companies around leading scientists and experienced management teams, co-funded by international investors to enhance the likelihood of success [5][6] - Karolinska Development has a portfolio of eleven companies targeting innovative treatments for serious diseases, supported by a strong global network [6]
Immuneering to Provide Updates from Phase 2a Clinical Trial of IMM-1-104 in First-Line Pancreatic Cancer Patients on Tuesday, June 17, 2025
Globenewswire· 2025-06-16 12:00
CAMBRIDGE, Mass., June 16, 2025 (GLOBE NEWSWIRE) -- Immuneering Corporation (Nasdaq: IMRX), a clinical-stage oncology company outpacing cancer to help patients outlive their disease, today announced that it will host a conference call and live webcast at 8:00 am ET on June 17, 2025. The company is excited to provide updates from its ongoing Phase 2a clinical trial of IMM-1-104 in first-line pancreatic cancer patients. The conference call will be webcast live and archived in the Investor Relations section of ...
Moleculin Participates in Virtual Investor “What This Means” Segment
Globenewswire· 2025-06-11 13:15
Core Insights - Moleculin Biotech, Inc. announced positive topline efficacy results from its U.S. Phase 1B/2 clinical trial evaluating Annamycin for the treatment of Soft Tissue Sarcoma Lung Metastases [3][5] - The trial was a multi-center, open-label, single-arm study that determined the Maximum Tolerable Dose and Recommended Phase 2 Dose, and explored the efficacy of Annamycin as a single agent [3][5] - Annamycin is designed to avoid multidrug resistance mechanisms and lacks the cardiotoxicity common with currently prescribed anthracyclines, making it a promising candidate for treating relapsed or refractory acute myeloid leukemia and STS lung metastases [5][6] Company Overview - Moleculin Biotech, Inc. is a late-stage pharmaceutical company focused on developing drug candidates for hard-to-treat tumors and viruses [2][5] - The company is advancing a pipeline that includes Annamycin and WP1066, an Immune/Transcription Modulator targeting various cancers [7] - The company has initiated the MIRACLE Trial, a pivotal Phase 3 trial evaluating Annamycin in combination with cytarabine for relapsed or refractory acute myeloid leukemia [6]