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Acurx Pharmaceuticals, Inc. - ACXP STOCK NEWS

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Acurx Pharmaceuticals, Inc. (NASDAQ: ACXP) is a late-stage biopharmaceutical company specializing in developing innovative antibiotics designed to combat drug-resistant bacterial infections. The company's leading drug candidate, ibezapolstat, is an orally administered antibiotic developed to treat Clostridioides difficile infections (CDI), a serious and life-threatening condition. Acurx is advancing ibezapolstat to Phase 3 clinical trials to establish its efficacy and safety compared to standard treatments such as vancomycin.

Ibezapolstat works by targeting the Gram-Positive Selective Spectrum (GPSS®) and inhibiting the DNA polymerase IIIC enzyme critical for bacterial replication in Gram-positive bacteria. This mechanism not only effectively treats the infection but also preserves the healthy gut microbiome, thus reducing the likelihood of infection recurrence. Acurx’s studies have shown promising results, including a 96% clinical cure rate and excellent microbiome preservation, establishing non-inferiority to vancomycin.

The company has received multiple designations from the FDA, including Qualified Infectious Disease Product (QIDP) and Fast Track status, which highlight the urgent need for new antibiotics to treat CDI. These designations facilitate expedited development and review processes, enabling faster patient access to new treatments.

Recent progress includes the successful completion of a Phase 2b clinical trial, which demonstrated high clinical cure rates and no recurrence of infection in patients treated with ibezapolstat. The company has also reached critical milestones with regulatory agencies, including the FDA and EMA (European Medicines Agency), paving the way for international Phase 3 trials.

Acurx is committed to addressing the growing threat of antibiotic resistance. The company’s R&D pipeline includes additional antibiotics targeting other serious Gram-positive bacterial infections, such as methicillin-resistant Staphylococcus aureus (MRSA), vancomycin-resistant Enterococcus (VRE), and drug-resistant Streptococcus pneumoniae.

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Acurx Pharmaceuticals (NASDAQ: ACXP), a late-stage biopharmaceutical company developing a new class of antibiotics for difficult-to-treat bacterial infections, has announced that it will discuss its third quarter 2024 financial results on Wednesday, November 13, 2024, at 8:00 am ET before the U.S. financial markets open. The company's President and CEO, David P. Luci, along with CFO Robert G. Shawah, will host a conference call to discuss the results and provide a business update.

Interested parties can join the call using the following details:
- Toll-free (U.S.): 877-790-1503
- International: Participant international Toll-Free access numbers available via provided link
- Conference ID: 13749688

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New to The Street, a leading U.S. business television platform, has renewed its media partnership with Acurx Pharmaceuticals, Inc. (NASDAQ:ACXP), a late-stage biopharmaceutical company. The new series includes broadcast television interviews, earned media placements, and a comprehensive outdoor advertising campaign.

Acurx Pharmaceuticals will be featured on New to The Street's national television broadcasts, highlighting the company's latest developments and leadership in addressing critical bacterial infections through innovative antibiotics. The coverage will air across major networks, enhancing Acurx's visibility in the biopharmaceutical sector.

The partnership also includes targeted earned media placements and outdoor advertising support, featuring billboard placements in strategic locations like Times Square and the Financial District. The media series is set to begin airing immediately in 2024, with outdoor and earned media elements running concurrently to maximize audience reach.

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New to The Street announces its upcoming sponsored programming on Bloomberg TV, airing Saturday, October 12, at 6:30 PM EST. The lineup features innovative companies including ZAPP, NUBURU, and ACURX Pharmaceuticals, showcasing advancements in electric vehicles, blue laser technology, and antibiotic innovation respectively. The program will also include The Sustainable Green Team highlighting eco-friendly solutions for environmental sustainability, and SEKUR returning with its "Hack of the Week" segment, focusing on cybersecurity threats and privacy protection.

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New to The Street announces its upcoming sponsored programming on Bloomberg TV, airing Saturday, October 11, at 6:30 PM EST. The lineup features innovative companies including:

  • ZAPP: Electric vehicles
  • NUBURU: Blue laser technology
  • ACURX Pharmaceuticals (ACXP): Antibiotic innovation
  • The Sustainable Green Team: Eco-friendly solutions for environmental sustainability
  • SEKUR: 'Hack of the Week' segment on cybersecurity threats and privacy protection

This diverse lineup showcases cutting-edge advancements across various industries, from electric vehicles to healthcare and environmental sustainability.

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Acurx Pharmaceuticals (NASDAQ: ACXP) announced new analyses extending data on ibezapolstat's beneficial effects on the gut microbiome for C. difficile Infection (CDI) treatment. The data showed increased beneficial bacteria, reversing dysbiosis and contributing to CDI anti-recurrence. Ibezapolstat's favorable pharmacokinetics were confirmed with low systemic exposure and high colonic concentrations.

Additionally, certain ACX-375 DNA pol IIIC analogues demonstrated in vitro activity against Anthrax (B. anthracis), including ciprofloxacin-resistant strains. Acurx is planning an Anthrax bioterrorism development program.

The company is preparing to advance ibezapolstat into international Phase 3 clinical trials for CDI treatment and submit requests for regulatory guidance in various countries. Ibezapolstat has previously received FDA QIDP and Fast-Track Designation.

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Acurx Pharmaceuticals (NASDAQ: ACXP) announced results from its research on ibezapolstat in collaboration with Leiden University Medical Center (LUMC) at the International C. difficile Symposium. The research revealed high-resolution details of ibezapolstat's interaction with its molecular target, explaining its lack of cross-resistance with other antibiotics and its unique ability to not foster the emergence of Enterococcus, including vancomycin-resistant strains.

Key points:

  • Molecular structure data will guide the design of new systemic therapeutic compounds
  • Acurx is preparing to advance ibezapolstat into international Phase 3 clinical trials for C. difficile Infection (CDI) treatment
  • The company is seeking regulatory guidance to initiate clinical trials in the EU, UK, Japan, and Canada
  • Ibezapolstat has received FDA QIDP and Fast-Track Designation
  • Agreement reached with FDA on key elements for Phase 3 trials, including protocol design, endpoints, and safety database size
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Acurx Pharmaceuticals (Nasdaq: ACXP) has announced its participation in the H.C. Wainwright 26th Annual Global Investment Conference, scheduled for September 9-11, 2024. The event will be held both in-person at the Lotte New York Palace Hotel in New York City and virtually, featuring over 550 company presentations.

David P. Luci, President & CEO of Acurx Pharmaceuticals, will provide an overview of the company's business during the presentation. Institutional investors can register for the conference through the provided link to access the company presentations and panels, which will be available on-demand starting September 9 at 7:00 A.M. (ET).

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Acurx Pharmaceuticals (NASDAQ: ACXP) reported Q2 2024 results and provided a business update. Key highlights include:

- Successful End-of-Phase 2 meeting with FDA, confirming Phase 3 readiness for ibezapolstat (IBZ) in treating C. difficile infection

- Presentation of Phase 2 data at scientific conferences

- EMA approval as SME, providing benefits for European marketing authorization

- New patent granted for IBZ, expiring in June 2042

- Q2 financials: $6.4M cash on hand, R&D expenses of $1.8M, G&A expenses of $2.3M, net loss of $4.1M ($0.26 per share)

- Ongoing preparations for international Phase 3 trials and regulatory submissions in EU, UK, Japan, and Canada

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Acurx Pharmaceuticals (NASDAQ: ACXP) has been granted a new patent by the USPTO for ibezapolstat, its treatment for C. difficile Infection (CDI). The patent, issued on July 16, 2024, covers ibezapolstat's ability to treat CDI while reducing infection recurrence and improving gut microbiome health. This patent strengthens Acurx's proprietary technologies in antimicrobials.

The company's Executive Chairman, Robert J. DeLuccia, emphasized the importance of this patent as ibezapolstat continues to show favorable effects on the gut microbiome while curing CDI and preventing recurrent infections. Acurx is preparing for its Phase 3 clinical program, expecting ibezapolstat's selective mechanism of action to provide a competitive advantage over current antibiotics.

Acurx has previously announced a successful FDA End-of-Phase 2 Meeting and Phase 3 Readiness for ibezapolstat. The company is now planning to advance into international Phase 3 clinical trials and is preparing to submit requests for guidance to initiate clinical trials in the EU, UK, Japan, and Canada.

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Acurx Pharmaceuticals (NASDAQ: ACXP), a clinical stage biopharmaceutical company focused on developing new antibiotics for difficult-to-treat bacterial infections, has announced a conference call to discuss its second quarter 2024 financial results. The call is scheduled for August 9, 2024, at 8:00 am ET, before the U.S. financial markets open.

The company's President and CEO, David P. Luci, along with CFO Robert G. Shawah, will host the call to present the financial results and provide a business update. Investors and interested parties can join the call using the provided toll-free number for U.S. participants or international access numbers.

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FAQ

What is the current stock price of Acurx Pharmaceuticals (ACXP)?

The current stock price of Acurx Pharmaceuticals (ACXP) is $0.8716 as of January 24, 2025.

What is the market cap of Acurx Pharmaceuticals (ACXP)?

The market cap of Acurx Pharmaceuticals (ACXP) is approximately 16.9M.

What is Acurx Pharmaceuticals' lead drug candidate?

Acurx Pharmaceuticals' lead drug candidate is ibezapolstat, an antibiotic developed for the treatment of Clostridioides difficile infection (CDI).

How does ibezapolstat work?

Ibezapolstat works by targeting the Gram-Positive Selective Spectrum (GPSS®) and inhibiting the DNA polymerase IIIC enzyme, which is crucial for bacterial replication in Gram-positive bacteria.

What are the clinical trial results for ibezapolstat?

The Phase 2b clinical trial showed a 96% clinical cure rate, excellent microbiome preservation, and no infection recurrence in patients treated with ibezapolstat.

Has ibezapolstat received any special designations?

Yes, ibezapolstat has received Qualified Infectious Disease Product (QIDP) and Fast Track designations from the FDA, facilitating faster development and review processes.

What are the next steps for ibezapolstat?

Acurx is preparing to advance ibezapolstat to international Phase 3 clinical trials to further establish its efficacy and safety compared to standard treatments.

What other infections is Acurx targeting?

Acurx's R&D pipeline includes antibiotics targeting other serious Gram-positive bacterial infections, including methicillin-resistant Staphylococcus aureus (MRSA), vancomycin-resistant Enterococcus (VRE), and drug-resistant Streptococcus pneumoniae.

What is the significance of ibezapolstat's effect on the microbiome?

Ibezapolstat preserves the healthy gut microbiome, reducing the likelihood of infection recurrence, which is a significant advantage over other antibiotics.

What recent regulatory progress has Acurx made?

Acurx recently had a successful End-of-Phase 2 meeting with the FDA and received SME designation from the European Medicines Agency (EMA), which supports advancing ibezapolstat to Phase 3 trials.

How does Acurx plan to market ibezapolstat internationally?

Acurx is preparing to seek guidance to initiate clinical trials in the European Union, the United Kingdom, Japan, and Canada, aiming for global marketing authorizations.

Where can I find more information about Acurx Pharmaceuticals?

More information about Acurx Pharmaceuticals and its product pipeline can be found on their website at www.acurxpharma.com.
Acurx Pharmaceuticals, Inc.

Nasdaq:ACXP

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