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Acurx Pharmaceuticals, Inc. to Discuss 2022 Second Quarter Financial Results on August 16, 2022 Conference Call and Provide Business Update

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Acurx Pharmaceuticals (NASDAQ: ACXP) will release its Q2 2022 financial results on August 16, 2022, at 8:30 am ET. CEO David P. Luci and CFO Robert G. Shawah will host a call to discuss the results and provide a business update.

The company is developing Ibezapolstat, a new antibiotic targeting C. difficile infections, with promising Phase 2a trial results showing 100% clinical cure. Ibezapolstat has received FDA designations as a QIDP and Fast Track product.

Positive
  • Ibezapolstat achieved 100% clinical cure in Phase 2a trial for C. difficile infections.
  • FDA designations: Qualified Infectious Disease Product (QIDP) and Fast Track for Ibezapolstat.
Negative
  • None.

STATEN ISLAND, N.Y., Aug. 4, 2022 /PRNewswire/ -- Acurx Pharmaceuticals, Inc. (NASDAQ: ACXP) ("Acurx" or the "Company"), a clinical stage biopharmaceutical company developing a new class of antibiotics for difficult-to-treat bacterial infections, announced today that the Company will release its 2022 second quarter financial results on Tuesday, August 16, 2022, at 8:30 am ET before the U.S. financial markets open.

David P. Luci, President and Chief Executive Officer, and Robert G. Shawah, Chief Financial Officer, will host a conference call to discuss the results and provide a business update as follows:

Date:                           

Tuesday, August 16, 2022

Time:                           

8:30 a.m. ET

Toll free (U.S.):           

877-790-1503

International:               

Click here for participant international Toll-Free access numbers https://www.incommconferencing.com/international-dial-in

Conference ID:           

13732015

 

About Ibezapolstat

Ibezapolstat is a novel, orally administered antibiotic being developed as a Gram-Positive Selective Spectrum (GPSS™) antibacterial.  It is the first of a new class of DNA polymerase IIIC inhibitors under development by Acurx to treat bacterial infections.  Ibezapolstat's unique spectrum of activity, which includes C. difficile but spares other Firmicutes and the important Actinobacteria phyla, appears to contribute to the maintenance of a healthy gut microbiome.

The Company successfully completed Phase 1 and Phase 2a clinical trials of ibezapolstat. The Phase 2a trial demonstrated 100% clinical cure and 100% sustained clinical cure in patients with C. difficile Infection (CDI), along with beneficial microbiome changes during treatment including overgrowth of Actinobacteria and Firmicutes phylum species while on therapy and new findings which demonstrate potentially beneficial effects on bile acid metabolism.  Acurx is currently enrolling patients in its Phase 2b vancomycin-controlled efficacy study in a 1:1 randomized trial of a total of 64 patients with CDI. 

In June 2018, ibezapolstat was designated by the U.S. Food and Drug Administration (FDA) as a Qualified Infectious Disease Product (QIDP) for the treatment of patients with CDI and will be eligible to benefit from the incentives for the development of new antibiotics established under the Generating New Antibiotic Incentives Now (GAIN) Act. In January 2019, FDA granted "Fast Track" designation to ibezapolstat for the treatment of patients with CDI.  The CDC has designated C. difficile as an urgent threat highlighting the need for new antibiotics to treat CDI.

About Acurx Pharmaceuticals, Inc.

Acurx Pharmaceuticals is a clinical stage biopharmaceutical company focused on developing new antibiotics for difficult to treat infections. The Company's approach is to develop antibiotic candidates that target the DNA polymerase IIIC enzyme and its R&D pipeline includes antibiotic product candidates that target Gram-positive bacteria, including Clostridioides difficile, methicillin-resistant Staphylococcus aureus (MRSA), vancomycin resistant Enterococcus (VRE) and drug-resistant Streptococcus pneumoniae (DRSP).

To learn more about Acurx Pharmaceuticals and its product pipeline, please visit www.acurxpharma.com

Forward-Looking Statements 

Any statements in this press release about our future expectations, plans and prospects, including statements regarding our strategy, future operations, prospects, plans and objectives, and other statements containing the words "believes," "anticipates," "plans," "expects," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: whether ibezapolstat will benefit from the QIDP designation; whether ibezapolstat will advance through the clinical trial process on a timely basis; whether the results of the clinical trials of ibezapolstat will warrant the submission of applications for marketing approval, and if so, whether ibezapolstat will receive approval from the FDA or equivalent foreign regulatory agencies where approval is sought; whether, if ibezapolstat obtains approval, it will be successfully distributed and marketed; and other risks and uncertainties described in the Company's annual report filed with the Securities and Exchange Commission on Form 10-K for the year ended December 31, 2021, and in the Company's subsequent filings with the Securities and Exchange Commission. Such forward-looking statements speak only as of the date of this press release, and Acurx disclaims any intent or obligation to update these forward-looking statements to reflect events or circumstances after the date of such statements, except as may be required by law.

Investor Contact:
Acurx Pharmaceuticals, Inc.
David P. Luci, President & CEO
Tel:  917-533-1469
Email:  davidluci@acurxpharma.com

Cision View original content:https://www.prnewswire.com/news-releases/acurx-pharmaceuticals-inc-to-discuss-2022-second-quarter-financial-results-on-august-16-2022-conference-call-and-provide-business-update-301599175.html

SOURCE Acurx Pharmaceuticals, Inc.

FAQ

When will Acurx Pharmaceuticals release its Q2 2022 financial results?

Acurx Pharmaceuticals will release its Q2 2022 financial results on August 16, 2022, at 8:30 am ET.

What is Ibezapolstat and its significance for Acurx Pharmaceuticals?

Ibezapolstat is a novel antibiotic under development by Acurx, showing promising Phase 2a trial results for treating C. difficile infections.

What FDA designations has Ibezapolstat received?

Ibezapolstat has received FDA designations as a Qualified Infectious Disease Product (QIDP) and Fast Track designation.

Who will host the conference call for Acurx Pharmaceuticals on August 16, 2022?

David P. Luci (CEO) and Robert G. Shawah (CFO) will host the conference call to discuss the financial results.

What were the results of Ibezapolstat's Phase 2a clinical trial?

The Phase 2a trial of Ibezapolstat demonstrated a 100% clinical cure rate for patients with C. difficile infections.

Acurx Pharmaceuticals, Inc.

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