Welcome to our dedicated page for Lipocine news (Ticker: LPCN), a resource for investors and traders seeking the latest updates and insights on Lipocine stock.
Lipocine Inc. (NASDAQ: LPCN) is a specialty pharmaceutical company that focuses on the development and commercialization of pharmaceutical products leveraging their proprietary Hydroance drug delivery technology. Founded in 1997 and headquartered in Salt Lake City, Utah, Lipocine aims to provide non-invasive delivery solutions for hormones and other compounds, particularly in the fields of metabolic and endocrine disorders.
The company's flagship product, TLANDO, is an oral testosterone replacement therapy approved by the FDA for conditions associated with a deficiency of endogenous testosterone, or hypogonadism, in adult males. Alongside TLANDO, Lipocine has a robust pipeline of products in various stages of clinical development:
- LPCN 1144: Targeted for the treatment of non-cirrhotic NASH (nonalcoholic steatohepatitis).
- LPCN 1148: Developed for managing symptoms associated with liver cirrhosis, including sarcopenia and hepatic encephalopathy.
- LPCN 1154: An oral brexanolone for the treatment of postpartum depression.
- LPCN 2101: Aimed at the treatment of epilepsy.
- LPCN 2203: Targeted for the management of essential tremor.
- LPCN 2401: An oral combination therapy for improved body composition in chronic weight management.
Lipocine's recent achievements include the completion of key clinical studies and pivotal pharmacokinetic (PK) studies supporting New Drug Application (NDA) submissions. The company reported a net income of $3.5 million for the first quarter of 2024, driven by licensing revenues.
Strategic partnerships are a cornerstone of Lipocine's business model. For example, their agreement with Verity Pharma for the commercialization of TLANDO has significantly bolstered their financial position. As of March 31, 2024, Lipocine had $24.6 million in unrestricted cash, cash equivalents, and marketable securities.
For more detailed information about Lipocine Inc., visit their website at www.lipocine.com.
Lipocine Inc. (NASDAQ: LPCN) reported financial results for Q2 2024 and provided a corporate update. Key highlights include:
1. Positive topline results for LPCN 1154 in postpartum depression, with NDA submission targeted for Q4 2024.
2. Encouraging Phase 2 results for LPCN 2401 in weight management, showing improved body composition.
3. Positive Phase 2 results for LPCN 1148 in cirrhosis management, presented at EASL Congress 2024.
4. Q2 2024 financial results: Net loss of $3.1 million ($0.56 per diluted share), compared to $3.6 million in Q2 2023. Revenue of $90,000 from royalties.
5. As of June 30, 2024, Lipocine had $22.5 million in cash and equivalents.
Lipocine has announced that its oral drug LPCN 1154 met bioequivalence criteria in a pivotal study comparing it to IV brexanolone for treating postpartum depression (PPD). The study met key pharmacokinetic (PK) parameters: Cmax, AUC0-t, and AUC0-∞. LPCN 1154 also showed no sedation or somnolence events and was well tolerated. The company aims to submit a New Drug Application (NDA) by the end of Q4 2024. PPD affects around 500,000 women in the U.S. annually, with a significant unmet need for effective, fast-acting oral treatments.
Lipocine announced the Phase 2 study results for LPCN 1148 in cirrhosis, presented at the EASL Congress 2024 in Milan, Italy.
The study, led by Dr. Arun J. Sanyal, demonstrated that LPCN 1148 significantly improved sarcopenia and hepatic encephalopathy (HE) over 52 weeks. This breakthrough was highlighted in the symposium 'Revolutionary Advances in Liver Disease Research' at the EASL Congress.
The detailed findings are accessible on Lipocine's corporate website.
Lipocine Inc. (NASDAQ: LPCN) announced financial results for Q1 2024, reporting $3.5M net income, $7.6M revenue, and positive clinical data for LPCN 1154, LPCN 1148, and LPCN 2401. The company also entered an exclusive license agreement for TLANDO with Verity Pharma, showing promising growth and development in its product pipeline.
Lipocine Inc. announced that data from the Phase 2 study of LPCN 1148 will be presented at the EASL Congress 2024 in Italy. The study shows improvement in sarcopenia and hepatic encephalopathy in cirrhosis patients.
Lipocine Inc. announced the completion of dosing in a pivotal study for LPCN 1154, an oral brexanolone for postpartum depression. The study aims for NDA submission in 2024, with topline results expected in 2Q 2024. Market expansion for PPD treatment is anticipated due to increased awareness. The FDA has accepted a proposal for NDA filing based on a single pivotal PK study.
FAQ
What is the current stock price of Lipocine (LPCN)?
What is the market cap of Lipocine (LPCN)?
What is Lipocine Inc.?
Where is Lipocine Inc. headquartered?
What is TLANDO?
What are some key products in Lipocine's pipeline?
Has Lipocine formed any significant partnerships?
What is Hydroance?
What recent financial results has Lipocine reported?
What is the status of LPCN 1154?
How much cash does Lipocine have on hand?
What type of disorders is Lipocine targeting with its products?
