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ARCH BIOPARTNERS INC ORD - ACHFF STOCK NEWS

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Arch Biopartners Inc. (OTCQB: ACHFF) is a clinical-stage biopharmaceutical company focused on developing new therapies for the prevention of inflammation and acute organ injury. Their primary area of research targets the dipeptidase-1 (DPEP-1) pathway, which plays a crucial role in inflammation in the lungs, kidneys, and liver.

The Company's leading drug candidate, LSALT peptide, aims to treat and prevent cardiac surgery-associated acute kidney injury (CS-AKI), a significant complication following cardiac surgeries, particularly those involving cardiopulmonary bypass. LSALT peptide has received approval for Phase II trials in several countries, including Turkey and Canada. Arch Biopartners is also exploring other potential applications for LSALT peptide, such as treating inflammation caused by SARS-CoV-2 virus infection.

In their latest developments, Arch Biopartners announced several milestones, including:

  • Approval from the Turkish Ministry of Health and Health Canada for Phase II trials targeting CS-AKI.
  • Patient recruitment and dosing have begun in Turkey, with participation from multiple hospital sites.
  • Collaboration with major research institutions like the University of Calgary's Cumming School of Medicine and the University Health Network in Toronto.
  • Publication of Phase II trial results for LSALT Peptide in the British Medical Journal Open detailing its efficacy in reducing inflammation.

Arch Biopartners operates with a robust intellectual property portfolio and actively collaborates with leading researchers and institutions to advance their drug candidates. The Company has 62,755,633 common shares outstanding and provides detailed investor information and scientific publications on their website.

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Arch Biopartners Inc. (TSX Venture: ARCH and OTCQB: ACHFF) receives No Objection Letter from Health Canada to conduct Phase II trial for LSALT peptide targeting prevention and treatment of cardiac surgery-associated acute kidney injury (CS-AKI). The trial is an international multi-center, randomized, double-blind, placebo-controlled study. LSALT peptide is the Company’s lead drug candidate for preventing and treating inflammation injury in the kidneys, lungs, and liver. The Phase II trial aims to evaluate the percentage of subjects with AKI within 7 days following on-pump cardiac surgery. No therapeutic treatments are currently available for CS-AKI or ischemia-reperfusion injury (IRI). LSALT peptide targets the dipeptidase-1 (DPEP-1) pathway and has shown promising results in pre-clinical models. The Company has received prior approvals from the U.S. FDA and the Turkish Ministry of Health to proceed with the trial in their respective jurisdictions. The National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP) will provide advisory services and a funding contribution for the trial.
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Arch Biopartners Inc. (TSX Venture: ARCH and OTCQB: ACHFF) has received approval in Turkey from the Ministry of Health to proceed with a Phase II trial for LSALT peptide, targeting the prevention and treatment of cardiac surgery-associated acute kidney injury (CS-AKI). The company's lead drug candidate, LSALT peptide, has shown promise in preventing ischemia-reperfusion injury (IRI) in pre-clinical models, providing a scientific rationale for its use in the CS-AKI trial. With patient enrollment planned to start in February 2024, Arch Biopartners Inc. is poised to make significant progress in addressing a common complication in patients after cardiac surgeries. The company has also received advisory services and a funding contribution from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP) to offset the costs of the Phase II trial.
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Arch Biopartners Inc. (TSX Venture: ARCH, OTCQB: ACHFF) receives approval in Turkey to proceed with Phase II trial for LSALT peptide targeting prevention and treatment of cardiac surgery-associated acute kidney injury (CS-AKI)
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Arch Biopartners Inc. (TSX Venture: ARCH and OTCQB: ACHFF) has submitted a Clinical Trial Application to Health Canada for a Phase II trial of LSALT peptide to prevent and treat cardiac surgery-associated acute kidney injury (CS-AKI). The trial plans to recruit up to 240 patients in Canada, Turkey, and the United States, with patient recruitment expected to begin in early 2024.
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Arch Biopartners Inc. submits applications for Phase II trial of LSALT peptide targeting cardiac surgery-associated acute kidney injury (CS-AKI) in Turkey. Phase II trial plans to recruit up to 240 patients and will be conducted in the U.S., Turkey, and Canada. Patient recruitment expected to begin in Q4 2023. LSALT peptide has shown promise in preventing ischemia reperfusion injury (IRI) to the kidneys. Funding contribution from NRC-IRAP will offset trial costs.
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Arch Biopartners Inc. (OTCQB: ACHFF) announced a successful increase in the maximum daily dose of its lead drug candidate, LSALT peptide, to 20 mg in a human trial in Australia. This trial confirmed the safety and tolerability of the new dosage, paving the way for a Phase II trial aimed at treating cardiac surgery-associated acute kidney injury (CS-AKI). Previously, LSALT peptide was administered at a maximum of 5 mg during a Phase II trial for COVID-19 patients. Arch is also advancing the production of 10,000 vials of LSALT peptide for future non-COVID trials, expected to be ready by May 2023. The trial took place at the Alfred Hospital in Melbourne, involving sixteen healthy volunteers. The new safety data will be included in a future IND application to the U.S. FDA.

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Arch Biopartners Inc. (ACHFF) announced a significant partnership with the National Research Council of Canada Industrial Research Assistance Program, receiving up to $4,000,000 to enhance the LSALT peptide (Metablok) program aimed at treating acute inflammation in critical organs. The funding will support essential research tasks including dosing studies, Phase III human trials for COVID-19, and Phase II trials for cardiac surgery-related kidney injury. This initiative is expected to propel the drug development process over the next twelve months, with the project term concluding on March 31, 2024.

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Arch Biopartners Inc. announced the receipt of a CIHR Project Grant of $1,109,250 for research into dipeptidase-1 (DPEP-1) and its connections to renal inflammation and chronic kidney disease (CKD). The award was given to a team led by Dr. Daniel Muruve at the University of Calgary, who is also Chief Science Officer at Arch. This funding will support efforts to understand how DPEP-1 influences kidney disease, potentially leading to new therapeutic targets. Arch is focused on innovative treatments for organ inflammation, aiming to improve outcomes for conditions like acute kidney injury.

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Arch Biopartners Inc. has appointed Mr. Farris Smith from Novo Nordisk Canada Inc. as a Strategic Advisor to enhance corporate activities and business development for their drug candidates. Farris Smith brings extensive experience from various roles within Novo Nordisk, including CFO for Canada. He expressed enthusiasm for collaborating with Arch to advance their innovative treatments targeting organ inflammation. Arch Biopartners is focused on developing therapies for lung, liver, and kidney inflammation through the DPEP-1 pathway. The company currently has 62,330,292 common shares outstanding.

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FAQ

What is the current stock price of ARCH BIOPARTNERS ORD (ACHFF)?

The current stock price of ARCH BIOPARTNERS ORD (ACHFF) is $1.31 as of December 24, 2024.

What is the market cap of ARCH BIOPARTNERS ORD (ACHFF)?

The market cap of ARCH BIOPARTNERS ORD (ACHFF) is approximately 90.3M.

What is Arch Biopartners Inc. focused on?

Arch Biopartners Inc. develops new therapies to prevent inflammation and acute organ injury, targeting the dipeptidase-1 (DPEP-1) pathway.

What is LSALT peptide?

LSALT peptide is a drug candidate targeting the prevention and treatment of cardiac surgery-associated acute kidney injury (CS-AKI) and other inflammation-related injuries.

What recent approvals has Arch Biopartners received for LSALT peptide?

Arch Biopartners received approval from the Turkish Ministry of Health and Health Canada to proceed with Phase II trials targeting CS-AKI.

Which hospitals are participating in the Phase II trials for LSALT peptide?

Hospitals in Turkey, including Istanbul University-Cerrahpaşa, Sütçü İmam University Hospital, and Gazi University Hospital, as well as those in Canada like the University of Calgary and the University Health Network.

What are some key findings from the Phase II trial for LSALT peptide?

The Phase II trial published in the British Medical Journal Open showed LSALT peptide helps reduce inflammation markers and organ injury in patients.

What is cardiac surgery-associated acute kidney injury (CS-AKI)?

CS-AKI is a complication following cardiac surgeries, often caused by ischemia-reperfusion injury, involving reduced blood flow and subsequent inflammatory responses.

How does LSALT peptide work?

LSALT peptide targets the dipeptidase-1 (DPEP-1) pathway to inhibit inflammation and prevent organ injury in the lungs, kidneys, and liver.

Has Arch Biopartners published any scientific papers?

Yes, Arch Biopartners has published several papers, including recent findings in the British Medical Journal Open and a study in the journal 'Cell'.

How many shares does Arch Biopartners have outstanding?

Arch Biopartners has 62,755,633 common shares outstanding.

Where can I find more information about Arch Biopartners?

For more information, visit their official website at www.archbiopartners.com, which includes investor information and scientific publications.

ARCH BIOPARTNERS INC ORD

OTC:ACHFF

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90.31M
51.97M
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Biotechnology
Healthcare
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United States of America
Toronto