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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, Inc. (ACXP) President and CEO David P. Luci to present at 42nd Annual J.P. Morgan Healthcare Conference
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Acurx Pharmaceuticals, Inc. (NASDAQ: ACXP) announced positive Phase 2b results showing 100% of CDI patients who had Clinical Cure with ibezapolstat also had Sustained Clinical Cure. The company is developing a new class of small molecule antibiotics for bacterial infections. Phase 2a and Phase 2b combined showed 96% Clinical Cure and 100% Sustained Clinical Cure for ibezapolstat. Vancomycin had 100% Clinical Cure and 86% Sustained Clinical Cure. Further analyses will be forthcoming Q1 2024 for other endpoints and comparative effects vs vancomycin on the gut microbiome.
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Acurx Pharmaceuticals, Inc. (NASDAQ: ACXP) announced financial and operational results for Q3 2023. Key highlights include the completion of Phase 2b clinical trial for ibezapolstat, reporting a 96% clinical cure rate. Ibezapolstat will advance to Phase 3 trials with no safety concerns reported. The company also presented at major industry conferences and reported a cash position of $7.1 million. R&D expenses decreased, while net loss improved.
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Acurx Pharmaceuticals announces efficacy results from the Phase 2 clinical trial of ibezapolstat for the treatment of C. difficile Infection (CDI). The clinical cure rate is 96% in 26 patients. Ibezapolstat was well-tolerated with no serious adverse events. The company plans to advance to Phase 3 and has previously received FDA Qualified Infectious Disease Product and Fast-Track Designation.
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Acurx Pharmaceuticals will discuss its Q3 2023 financial results on November 14, 2023. The conference call will provide a business update.
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Acurx Pharmaceuticals presents scientific posters and podium presentations on ibezapolstat at two conferences
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Acurx Pharmaceuticals discontinues Phase 2b trial of ibezapolstat due to success. High rates of clinical cure observed without safety concerns. Phase 3 trials to be expedited.
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Acurx Pharmaceuticals is enrolling in a Phase 2b trial for C. difficile infection and nearing its goal of 36 patients. They have received FDA QIDP and Fast-Track Designation. The company's preclinical pipeline targets gram-positive bacterial infections. No concrete business takes affecting stock price were found.
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Acurx Pharmaceuticals to present at H.C. Wainwright 25th Annual Global Investment Conference on September 11, 2023
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Acurx Pharmaceuticals announced financial and operational results for Q2 2023. The company continues to enroll patients in its Phase 2b clinical trial for C. difficile infection. Acurx anticipates completing enrollment of the required patients in the coming months. The company also announced upcoming presentations at two scientific conferences. Acurx is continuing its R&D collaboration with Leiden University Medical Center. The company's application for a non-dilutive grant was not approved by CARB-X. Second quarter financial results show a cash position of $9.1 million and increased R&D and G&A expenses.
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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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