STOCK TITAN

Iterum Therapeutics Plc - ITRM STOCK NEWS

Welcome to our dedicated page for Iterum Therapeutics Plc news (Ticker: ITRM), a resource for investors and traders seeking the latest updates and insights on Iterum Therapeutics Plc stock.

Iterum Therapeutics plc (Nasdaq: ITRM) is an Ireland-based clinical-stage pharmaceutical company committed to developing unique anti-infectives to address the global crisis of multi-drug resistant (MDR) pathogens. The company's flagship product, sulopenem, is a novel penem anti-infective available in both oral and intravenous formulations. Sulopenem has shown potent in-vitro activity against a wide range of gram-negative, gram-positive, and anaerobic bacteria resistant to other antibiotics.

Currently, Iterum is focused on advancing sulopenem through Phase 3 clinical development. The company recently completed its REASSURE trial—a critical study comparing oral sulopenem to oral Augmentin® in adult women with uncomplicated urinary tract infections (uUTIs). The trial demonstrated that oral sulopenem was non-inferior to Augmentin® for the primary efficacy endpoint, with statistically significant superiority in overall success rates.

Iterum has also received Qualified Infectious Disease Product (QIDP) and Fast Track designations for sulopenem in seven indications from the U.S. Food and Drug Administration (FDA). The company recently resubmitted its New Drug Application (NDA) for oral sulopenem, which has been accepted by the FDA with a Prescription Drug User Fee Act (PDUFA) action date set for October 25, 2024.

Financially, Iterum reported robust research and development (R&D) expenditures, primarily driven by the REASSURE trial. The company’s net loss decreased in 2023 compared to the previous year, reflecting its focused investment in key clinical trials and strategic projects.

Iterum is actively seeking partnerships and strategic options to maximize the value of sulopenem, including potential sales or licensing agreements. The firm's dedicated efforts in combating MDR pathogens aim to significantly improve the lives of people affected by serious and life-threatening diseases.

Rhea-AI Summary

Iterum Therapeutics (ITRM) reported its Q4 and full-year 2024 financial results, highlighting the FDA approval of ORLYNVAH™ for uncomplicated urinary tract infections (uUTIs). The company ended 2024 with $24.1 million in cash and cash equivalents, expecting to fund operations into second half of 2025.

Key financial metrics for 2024 include: R&D expenses decreased to $10.5 million from $40.0 million in 2023; G&A expenses increased to $8.0 million from $7.5 million in 2023. Net loss for 2024 was $24.8 million, improved from $38.4 million in 2023. The company repaid its Exchangeable Notes in January 2025 and expanded its patent estate with a new Australian patent allowance extending to 2039.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

Iterum Therapeutics (Nasdaq: ITRM), a developer of next-generation oral and IV antibiotics targeting multi-drug resistant pathogens, has scheduled its fourth quarter and full year 2024 financial results release for February 7, 2025, before U.S. markets open. The company will host a conference call at 8:30 a.m. ET on the same day, where management will discuss financial results and provide a business update. Investors can access the call via phone (833-470-1428 domestic, 404-975-4839 international) using Access Code 719739, with pre-registration available. An audio webcast will be accessible in the Investors section of the company's website after the call.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.91%
Tags
conferences earnings
-
Rhea-AI Summary

Iterum Therapeutics (Nasdaq: ITRM) has regained full compliance with Nasdaq listing requirements, resolving its previous deficiency under Listing Rule 5550(b). The company received written confirmation from Nasdaq's Listing Qualifications Staff, and the previously scheduled hearing before the Hearings Panel on November 21 has been cancelled. As a result, Iterum will continue to be traded on The Nasdaq Capital Market. The company focuses on developing next-generation oral and IV antibiotics for treating multi-drug resistant pathogen infections in both community and hospital settings.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.59%
Tags
none
Rhea-AI Summary

Iterum Therapeutics reported Q3 2024 financial results following FDA approval of ORLYNVAH for uncomplicated urinary tract infections on October 25, 2024. The company reported cash and equivalents of $14.5 million as of September 30, 2024. R&D expenses decreased to $3.1 million from $14.9 million in Q3 2023, while G&A expenses remained stable at $1.8 million. Net loss was $6.1 million compared to $3.9 million in the same period last year. ORLYNVAH, the only oral penem antibiotic approved in the U.S., received 10 years of marketing exclusivity under the GAIN Act.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.9%
Tags
-
Rhea-AI Summary

Iterum Therapeutics (Nasdaq: ITRM), a developer of next-generation oral and IV antibiotics for multi-drug resistant pathogens, announced it will release its third quarter 2024 financial results before U.S. markets open on Thursday, November 14, 2024. The company will host a conference call at 8:30 a.m. ET on the same day to discuss financial results and provide a business update. Investors can access the call via phone or audio webcast through the company's website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.71%
Tags
conferences earnings
-
Rhea-AI Summary

Iterum Therapeutics (Nasdaq: ITRM) announces a conference call on October 28, 2024, at 8:30 a.m. EDT to discuss the FDA approval of ORLYNVAH™ (Oral Sulopenem). This groundbreaking treatment for uncomplicated urinary tract infections (uUTIs) marks two significant milestones: it's the first oral penem approved in the U.S. and Iterum's first FDA-approved product. ORLYNVAH™ is specifically approved for adult women with treatment options, targeting infections caused by specific microorganisms. Notably, it represents only the second FDA-approved uUTI treatment in two decades.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-23.94%
Tags
conferences fda approval
Rhea-AI Summary

Iterum Therapeutics (Nasdaq: ITRM) has received FDA approval for ORLYNVAH™, the first oral penem approved in the U.S. for treating uncomplicated urinary tract infections (uUTIs). The drug is specifically approved for adult women with or no alternative oral antibacterial treatment options against designated microorganisms. The approval is based on two Phase 3 clinical trials, SURE 1 and REASSURE, which demonstrated superiority to ciprofloxacin in fluoroquinolone resistant infections and statistical superiority to Augmentin™ in the susceptible population, respectively. ORLYNVAH™ represents the second FDA-approved treatment for uUTIs in the past two decades.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
60.68%
Tags
-
Rhea-AI Summary

Iterum Therapeutics (Nasdaq: ITRM) announced its participation in IDWeek 2024, presenting three posters at the conference in Los Angeles from October 16-19, 2024. The presentations focus on the company's oral antibiotic sulopenem and its applications in treating uncomplicated urinary tract infections (uUTI) and inhalational anthrax.

The posters include results from the REASSURE trial on oral sulopenem/probenecid for uUTI, an analysis of asymptomatic bacteriuria in uUTI patients from the same trial, and the efficacy of sulopenem in a rabbit model of inhalational anthrax. All presentations will be given by Dr. Steven I. Aronin on October 18, with specific times and locations provided.

Iterum Therapeutics will make these posters available on their website's 'Publications: Posters & Presentations' page after the conference concludes.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.2%
Tags
conferences
-
Rhea-AI Summary

Iterum Therapeutics (Nasdaq: ITRM), a clinical-stage pharmaceutical company developing next-generation oral antibiotics for multi-drug resistant pathogens in community settings, has announced its participation in the 2024 Maxim Healthcare Virtual Summit. CEO Corey Fishman will engage in a Fireside Chat with Jason McCarthy, Ph.D., Senior Managing Director and Head of Biotechnology Research at Maxim Group, on October 16, 2024, at 10:00 a.m. ET.

The summit is scheduled from October 15 – 17, 2024, and will be live-streamed on M-Vest. Interested parties can register and access the fireside chat through the provided link: https://m-vest.com/events/healthcare-10152024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.2%
Tags
conferences
Rhea-AI Summary

Iterum Therapeutics (Nasdaq: ITRM) provided an update on the FDA Advisory Committee discussion of oral sulopenem for treating uncomplicated urinary tract infections (uUTI) in adult women. The Antimicrobial Drugs Advisory Committee (AMDAC) met on September 9, 2024, to discuss the benefits, risks, and appropriate use of sulopenem etzadroxil/probenecid. The committee acknowledged oral sulopenem as an important treatment option for certain uUTI patients. Iterum presented data from the REASSURE and SURE-1 Phase 3 clinical trials. The FDA's decision on approval is expected by the PDUFA goal date of October 25, 2024. If approved, oral sulopenem could become the first oral penem approved in the U.S., potentially offering a new treatment for multi-drug resistant pathogens in community settings.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.04%
Tags

FAQ

What is the current stock price of Iterum Therapeutics Plc (ITRM)?

The current stock price of Iterum Therapeutics Plc (ITRM) is $1.49 as of February 21, 2025.

What is the market cap of Iterum Therapeutics Plc (ITRM)?

The market cap of Iterum Therapeutics Plc (ITRM) is approximately 51.5M.

What is Iterum Therapeutics plc?

Iterum Therapeutics plc is a clinical-stage pharmaceutical company focused on developing anti-infectives to combat multi-drug resistant pathogens.

What is sulopenem?

Sulopenem is Iterum Therapeutics' novel anti-infective compound, available in oral and intravenous forms, aimed at treating infections caused by antibiotic-resistant bacteria.

What recent achievements has Iterum Therapeutics made?

Iterum recently completed the REASSURE Phase 3 clinical trial, which demonstrated the efficacy of oral sulopenem. The company also resubmitted its NDA to the FDA, which has been accepted for review.

What is the REASSURE trial?

The REASSURE trial is a Phase 3 clinical study comparing oral sulopenem to oral Augmentin® in adult women with uncomplicated urinary tract infections, demonstrating non-inferiority and statistically significant superiority.

What designations has sulopenem received from the FDA?

Sulopenem has received Qualified Infectious Disease Product (QIDP) and Fast Track designations for its oral and IV formulations in seven indications.

When is the FDA's PDUFA action date for sulopenem?

The PDUFA action date for the resubmitted NDA for oral sulopenem is October 25, 2024.

What are Iterum Therapeutics' financial highlights?

Iterum's R&D expenses have increased due to its clinical trials, but the net loss has decreased compared to the previous year, demonstrating focused investment in key projects.

What strategic options is Iterum Therapeutics exploring?

Iterum is evaluating strategic partnerships, sales, or licensing agreements to maximize the value of sulopenem.

How does sulopenem address antibiotic resistance?

Sulopenem has demonstrated potent activity against a wide variety of bacteria resistant to other antibiotics, offering a potential solution to the growing problem of antibiotic resistance.

Where can I find more information about Iterum Therapeutics?

For more information, please visit Iterum Therapeutics' official website at www.iterumtx.com.
Iterum Therapeutics Plc

Nasdaq:ITRM

ITRM Rankings

ITRM Stock Data

51.53M
34.17M
1.81%
8.99%
11.15%
Biotechnology
Pharmaceutical Preparations
Link
Ireland
DUBLIN 1