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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 announced the presentation of the Phase 2 clinical trial results of ibezapolstat for C. difficile Infection at ESCMID Global 2024 Scientific Conference. The results showed ibezapolstat's effectiveness in treating CDI and its potential as a therapeutic option against antimicrobial-resistant strains.

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Acurx Pharmaceuticals announces the presentation of Ibezapolostat Phase 2 clinical trial results at the upcoming ESCMID 2024 Scientific Conference. The trial focused on patients with C. difficile infection, with additional analyses of clinical and microbiological data. The oral presentation by Kevin Garey, a prominent figure in microbiology, will compare Ibezapolostat with Vancomycin in treating CDI. The poster presentation will showcase the antibacterial activity of Ibezapolostat against antimicrobial-resistant strains of C. difficile.
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Acurx Pharmaceuticals, Inc. (NASDAQ: ACXP) will discuss its first quarter 2024 financial results on May 15, 2024, along with a business update. The company is focused on developing new antibiotics for difficult-to-treat bacterial infections.
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Acurx Pharmaceuticals, Inc. (ACXP) will be presenting at The 14th Annual LD Micro Invitational on April 8th-9th, 2024. The event will showcase 80 companies with Acurx scheduled to present on April 8th at 2:30 pm ET.
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Acurx Pharmaceuticals, Inc. (ACXP) reported positive Phase 2b clinical trial results for ibezapolstat in treating C. difficile infection. The trial demonstrated a high clinical cure rate of 96%, outperforming vancomycin. The company submitted data to the FDA for an End of Phase 2 Meeting and received SME designation from the EMA. Despite positive clinical data, financial results showed a decrease in cash position, increased R&D and G&A expenses, and a net loss for the quarter and year.
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Acurx Pharmaceuticals, Inc. (ACXP) to Release Q4 and Full Year 2023 Financial Results on March 18, 2024
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Acurx Pharmaceuticals, Inc. (NASDAQ: ACXP) announces FDA EOP2 meeting granted to discuss Phase 3 development plan for ibezapolstat in treating CDI. The Company submitted pre-meeting Briefing Document and received SME designation from EMA for EU Marketing Authorization.
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Acurx Pharmaceuticals, Inc. (NASDAQ: ACXP) announced positive extended clinical cure data for ibezapolstat (IBZ) from the Phase 2b trial in patients with CDI. 100% of IBZ patients experienced no recurrence of infection, and further analyses on bile acid metabolism and pharmacokinetic data are forthcoming. Ibezapolstat has previously received FDA QIDP and Fast-Track Designation. The company is preparing for meetings with regulatory agencies and advancement to international Phase 3 clinical trials.
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Acurx Pharmaceuticals, Inc. announced that David P. Luci, President & Chief Executive Officer, will be presenting at The Microcap Conference to discuss the development of small molecule antibiotics for bacterial infections. The conference will take place from January 30th to February 1st at the Ceasars Atlantic City Hotel & Casino. Interested parties can register to attend the presentation on January 31st and February 1st.
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Acurx Pharmaceuticals, Inc. (ACXP) has announced positive comparative microbiology and microbiome data for ibezapolstat, its lead antibiotic candidate, from the Company's recently completed Phase 2b clinical trial in patients with CDI. The data showed that ibezapolstat outperformed vancomycin, a standard of care to treat patients with CDI, with eradication of fecal C. difficile at Day 3 of treatment in 15 of 16 patients (94%) versus vancomycin which had eradication of fecal C. difficile in 10 of 14 patients (71%). Further analyses will be forthcoming Q1 2024, regarding other endpoints from the Phase 2b trial, including Extended Clinical Cure (ECC) data up to 94 days. Preparation is underway for meetings with FDA, European Medicines Agency and other global regulatory agencies and advancement to international Phase 3 clinical trials. Ibezapolstat has previously received FDA QIDP and Fast-Track Designation. The company also anticipates its price point for ibezapolstat, if approved, could meet or beat other antibiotics recommended for use in treating patients with CDI, thereby providing the whole package of clinical comparability with microbiome health, safety, and cost for patients with this life-threatening disease.
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FAQ

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

The current stock price of Acurx Pharmaceuticals (ACXP) is $0.825 as of December 20, 2024.

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

The market cap of Acurx Pharmaceuticals (ACXP) is approximately 13.3M.

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

ACXP Rankings

ACXP Stock Data

13.31M
14.49M
14.8%
11.96%
2.92%
Biotechnology
Pharmaceutical Preparations
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