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Acurx Pharmaceuticals, Inc. - ACXP STOCK NEWS

Welcome to our dedicated page for Acurx Pharmaceuticals news (Ticker: ACXP), a resource for investors and traders seeking the latest updates and insights on Acurx Pharmaceuticals stock.

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 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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Acurx Pharmaceuticals, Inc. will discuss its second quarter 2023 financial results on August 14, 2023. The clinical stage biopharmaceutical company is developing a new class of antibiotics for difficult-to-treat bacterial infections. The conference call will be hosted by President and CEO David P. Luci and CFO Robert G. Shawah.
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Acurx Pharmaceuticals will present at the Emerging Growth Conference on July 12, 2023. The presentation will provide an update on the company's current initiatives.
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Acurx Pharmaceuticals, Inc. will discuss its first quarter 2023 financial results on May 12, 2023, before the U.S. financial markets open. The conference call will be hosted by David P. Luci, President and CEO, and Robert G. Shawah, CFO.
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Acurx Pharmaceuticals, Inc. (NASDAQ: ACXP) recently presented key findings at ECCMID 2023 in Copenhagen regarding its novel antibiotic ibezapolstat. Research showcased ibezapolstat’s unique action against C. difficile infections, demonstrating efficacy against resistant strains. The presentation highlighted positive outcomes from Phase 2a trials, where ibezapolstat achieved 100% clinical cure rates without recurrence. Additionally, updates on the company's preclinical antibiotic program targeting systemic gram-positive infections were provided. Ibezapolstat has already received FDA QIDP and Fast-Track Designation, indicating its potential as a significant treatment for bacterial infections. Acurx is currently enrolling patients for a Phase 2b clinical trial for C. difficile infection.

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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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16.86M
16.92M
14.8%
11.96%
2.92%
Biotechnology
Pharmaceutical Preparations
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