Welcome to our dedicated page for Biodexa Pharmaceuticals plc American Depositary Shs news (Ticker: BDRX), a resource for investors and traders seeking the latest updates and insights on Biodexa Pharmaceuticals plc American Depositary Shs stock.
Biodexa Pharmaceuticals Plc (NASDAQ: BDRX) is a pioneering company in the field of drug delivery technology, dedicated to enhancing the bio-delivery and bio-distribution of medicines. The firm integrates approved and developed medications with its proprietary drug delivery technologies to create impactful products that can significantly improve patients' lives.
One of the core focuses of Biodexa is its innovative biocompatible gold nanoparticles (GNPs) technology, which is designed to target specific cells and tissues, offering precision in treatment. The company's therapeutic pipeline includes promising candidates for diabetes and various cancers. Through its strategic joint venture, MidaSol Therapeutics LP, with MonoSol Rx LLC, Biodexa has been developing MidaForm™ Insulin PharmFilm, an oral insulin delivery system currently in phase II clinical trials.
Recently, Biodexa has made significant strides with its acquisition of eRapa™, a phase 3-ready candidate aimed at treating Familial Adenomatous Polyposis (FAP). This acquisition not only expands Biodexa's portfolio but also brings in a substantial $17 million grant from the Cancer Prevention and Research Institute of Texas to support the phase 3 program. The company aims to begin registrational phase 3 clinical trials in the first quarter of next year, with eRapa showing promising phase 2 results in reducing polyp burden in FAP patients.
Biodexa's robust development pipeline includes three pharmaceutical compounds covering seven indications, six of which are in clinical stages. The company's commitment to innovation is further exemplified by multiple Orphan Drug Designations from the FDA for its products. With an eye on the future, Biodexa continues to leverage strategic partnerships, cutting-edge technology, and non-dilutive funding to deliver transformative therapeutic solutions to unmet medical needs.
For more information, please visit the Biodexa Pharmaceuticals website or contact Stephen Stamp, CEO, and CFO at ir@biodexapharma.com.
Latest News:
- June 3, 2024: Biodexa reports promising phase 2 results for eRapa in treating FAP.
- May 22, 2024: Biodexa announces the acquisition of worldwide rights to eRapa.
- May 21, 2024: Updates on phase 3 trials and financial conditions.
- April 30, 2024: Registrational phase 3 clinical trials for eRapa are expected to start in the first quarter of next year.
Biodexa Pharmaceuticals PLC, through its licensor Emtora Biosciences, will present the Phase 2 clinical trial results of eRapa in Familial Adenomatous Polyposis at the 2024 Digestive Disease Week Annual Meeting. The presentation is set for May 18-21, 2024, in Washington DC. Biodexa recently acquired exclusive rights to eRapa, showcasing its commitment to developing innovative treatments for unmet medical needs.
Biodexa Pharmaceuticals PLC announced entering into an exclusive license agreement with Rapamycin Holdings Inc. for the rights to eRapa, a Phase 3 ready asset for the treatment of Familial Adenomatous Polyposis (FAP). The deal includes $17 million in non-dilutive grant funding for a pivotal Phase 3 trial in FAP. FAP affects an estimated 100,000 individuals in the U.S. and Europe, leading to precancerous polyps and often requiring surgical intervention. eRapa shows promise in delaying or preventing the need for surgery. The Phase 3 FAP program is backed by a $17 million grant from CPRIT. Biodexa is focused on developing innovative treatments for diseases with unmet medical needs, with ongoing studies in bladder cancer and other potential indications.
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