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Ensysce Biosciences, Inc. - ENSC STOCK NEWS

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

Ensysce Biosciences, Inc. (NASDAQ: ENSC) is a San Diego-based clinical-stage biotech company specializing in the development of safer prescription drugs using its proprietary technology platforms. The company focuses on creating new, tamper-proof opioids that aim to reduce drug abuse and prevent overdoses. Ensysce leverages its Trypsin-Activated Abuse Protection (TAAP™) and Multi-Pill Abuse Resistance (MPAR®) platforms to develop innovative pain relief options with a lower risk of misuse.

The company’s core projects include two key drug platforms: the TAAP technology, which activates upon ingestion to release pain medication, and the MPAR technology, designed to prevent overdose by inhibiting further release of the drug when excess doses are consumed. These platforms are supported by global intellectual property protection, ensuring a wide array of prescription drug compositions.

Recent milestones include the FDA’s Breakthrough Therapy designation for PF614-MPAR, a combination product designed to provide overdose protection alongside effective pain relief. This designation accelerates the drug’s development and review process, highlighting its potential to offer substantial improvements over existing therapies. Ensysce’s lead candidate, PF614, is currently in Phase 3 clinical development, having demonstrated efficacy and safety in previous trials.

In terms of financial health, Ensysce has shown stability, with recent funding from federal grants and warrant exercises supporting ongoing research and development. The company's collaboration with Quotient Sciences aims to further optimize their PF614-MPAR drug product, enhancing its effectiveness and safety profile.

Ensysce is also expanding its product pipeline to address opioid use disorder (OUD) with PF9001, a TAAP-based candidate that has shown promise in reducing cardiovascular side effects compared to traditional treatments. Supported by a multi-year HEAL grant from the NIH and NIDA, this candidate is poised to enter human clinical studies within the next 12 to 18 months.

For more detailed information about Ensysce Biosciences, Inc. and its innovative projects, please visit www.ensysce.com.

Rhea-AI Summary
Ensysce Biosciences receives IRB approval for PF614 study, progressing towards Phase 3 evaluation. PF614 shows bioequivalence to OxyContin and limited desirability for recreational drug use. Study to confirm time of onset for pain relief. Safety data accumulation for regulatory submissions. Potential game changer for severe pain treatment.
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Ensysce Biosciences, Inc. (NASDAQ:ENSC) has engaged Alacrita Consulting to explore partnering and licensing opportunities for its TAPP and MPAR® platforms and products. The goal is to aid expansion of the use of TAAP and MPAR® technologies and to rapidly develop PF614 and PF614-MPAR opioids.
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Ensysce Biosciences, Inc. (NASDAQ:ENSC) has announced the pricing of a public offering of its common stock and warrants. The offering includes 1,800,876 shares of common stock, Series A-1 warrants to purchase up to 1,800,876 shares of common stock, and Series A-2 warrants to purchase 1,800,876 shares of common stock. The combined public offering price is $3.887 per share. The gross proceeds from the offering are expected to be approximately $7 million. The closing of the offering is expected on May 12, 2023.
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Ensysce Biosciences completes clinical study for PF614-MPAR, a pain medication with overdose protection. Study shows successful reduction of opioid delivery when multiple doses are consumed simultaneously. Potential game-changer for severe pain treatment.
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FAQ

What is the current stock price of Ensysce Biosciences (ENSC)?

The current stock price of Ensysce Biosciences (ENSC) is $0.5785 as of November 4, 2024.

What is the market cap of Ensysce Biosciences (ENSC)?

The market cap of Ensysce Biosciences (ENSC) is approximately 10.1M.

What is Ensysce Biosciences, Inc.?

Ensysce Biosciences, Inc. is a clinical-stage biotech company in San Diego focused on developing safer prescription drugs using proprietary abuse deterrent and overdose protection technologies.

What technologies does Ensysce use in its drug development?

Ensysce employs its proprietary Trypsin-Activated Abuse Protection (TAAP™) and Multi-Pill Abuse Resistance (MPAR®) technologies to create tamper-proof drugs that minimize the risk of abuse and overdose.

What are the core products in Ensysce’s development pipeline?

The core products include PF614, an extended-release oxycodone utilizing TAAP technology, and PF614-MPAR, which combines overdose protection with effective pain relief.

What recent achievements have Ensysce made?

Ensysce has received Breakthrough Therapy designation from the FDA for PF614-MPAR, highlighting the product's potential to improve pain management while preventing overdoses.

What is the significance of FDA Breakthrough Therapy designation?

The Breakthrough Therapy designation expedites the development and review process for drugs that show substantial improvement over existing therapies, facilitating faster access to patients.

How is Ensysce addressing the opioid epidemic?

Ensysce is developing tamper-proof opioids that reduce the risk of abuse and overdose, with products like PF614-MPAR designed to prevent the release of excess doses and provide safer pain management options.

What financial strategies support Ensysce’s operations?

Ensysce’s financial health is bolstered by federal grants and warrant exercises, which help fund its ongoing research and development efforts.

What partnerships has Ensysce formed to advance its drug development?

Ensysce collaborates with Quotient Sciences to optimize and test its drug products, enhancing their safety and effectiveness through innovative translational pharmaceutics processes.

What future projects is Ensysce Biosciences involved in?

Ensysce is expanding its pipeline to include PF9001 for opioid use disorder (OUD), supported by significant funding from the NIH and NIDA to move into human clinical studies.

Where can more information about Ensysce Biosciences be found?

Additional details about Ensysce Biosciences can be found on their official website at www.ensysce.com.

Ensysce Biosciences, Inc.

Nasdaq:ENSC

ENSC Rankings

ENSC Stock Data

10.11M
14.91M
1.17%
3.35%
0.82%
Biotechnology
Pharmaceutical Preparations
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United States of America
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