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Oragenics Inc. - OGEN STOCK NEWS

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

Oragenics Inc. (NYSE American: OGEN) is a publicly-traded biopharmaceutical company specializing in innovative, proprietary technologies aimed at improving human health. Based in Sarasota, Florida, Oragenics is renowned for its cutting-edge research and development in the fields of neurology and infectious diseases. The company’s core business revolves around the development of novel pharmaceutical treatments, including nasal delivery medications, which promise significant advancements in therapeutic efficacy and patient outcomes.

Oragenics’ flagship product, ONP-002, is a fully synthetic, non-naturally occurring neurosteroid. Designed to cross the blood-brain barrier effectively, ONP-002 targets mild Traumatic Brain Injury (mTBI), commonly known as concussion. The drug reduces swelling, oxidative stress, and inflammation while restoring proper blood flow through gene amplification. This revolutionary approach positions ONP-002 as a potential game-changer in treating brain injuries.

In addition to ONP-002, Oragenics boasts a diverse product pipeline, including therapies targeting Niemann-Pick Disease Type C (NPC) and other infectious diseases. The company is also recognized for its ProBiora3 technology, which is the foundation of products like evoraplus™—a unique probiotic mint that promotes oral health by supporting gums, freshening breath, and whitening teeth.

Recent achievements highlight Oragenics' relentless pursuit of excellence. The company is preparing to initiate a Phase II clinical trial for ONP-002, with advancements in drug formulation aimed at optimizing intranasal delivery. Collaborating with Avance Clinical Pty Ltd, Oragenics is focused on conducting this trial in emergency departments at level one trauma centers, ensuring robust and well-structured studies.

The leadership team at Oragenics, led by President Michael Redmond and Chief Medical Officer Dr. James Kelly, emphasizes the importance of partnerships and advanced research. Their dedication is reflected in Oragenics' preclinical studies, which have shown significant improvements in molecular and behavioral outcomes following brain injury. The company's innovative approach to intranasal delivery as nanoparticles has further enhanced brain exposure and metabolism.

Oragenics' commitment to addressing unmet medical needs, such as concussions—which affect millions globally each year—has positioned the company as a pivotal player in the biopharmaceutical industry. Through continuous innovation and strategic collaborations, Oragenics aims to provide effective treatments for neurological disorders and improve patient outcomes worldwide.

For more information, visit www.oragenics.com.

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Oragenics (NYSE: OGEN) announced the conversion of its remaining Series A and Series B Preferred Shares into common stock. The conversion eliminates approximately $2.35 million in liquidation preference and simplifies the company's capital structure. Specifically, 5,417,000 Series A and 4,050,000 Series B Preferred Shares were converted into approximately 22,000 common shares. The Series A and B Preferred Shares, which carried no voting rights, have been fully retired. The company views this as a strategic move to strengthen its foundation for future growth and focus on advancing its pipeline of treatments for neurological and rare diseases.

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Oragenics Inc. (NYSE American: OGEN), a company focused on developing new treatments for brain-related health conditions, has announced its participation in the Centurion One Capital 2nd Annual Bahamas Summit. The event will take place at the Rosewood Baha Mar Hotel in Nassau, Bahamas on October 22-23, 2024.

Michael Redmond, President of Oragenics, is scheduled to deliver a corporate presentation and participate in a Q&A session on October 22, 2024, at 1:20 pm ET. This presentation offers an opportunity for investors and interested parties to gain insights into Oragenics' current projects and future plans in the field of brain health treatments.

Attendees can register for the event through a provided link, allowing them to participate in this significant gathering of industry professionals and potential investors in the pharmaceutical and biotechnology sectors.

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Oragenics, Inc. (NYSE American: OGEN) has provided a corporate update on its progress in developing ONP-002, a first-in-class neurosteroid for treating moderate to severe concussions. Key milestones in 2024 include:

1. Appointment of renowned experts as Chief Medical Officer and Chief Clinical Officer
2. Preparation for Phase II clinical trials
3. Successful completion of cardiotoxicity and genotoxicity tests
4. Partnership with Avance Clinical for trial execution
5. Achievement of temperature stability for ONP-002
6. Completion of spray-dry formulation and intranasal delivery devices
7. Development of a novel nanoparticle formulation increasing drug percentage by 4-fold
8. Successful intranasal casting studies for FDA approval

Oragenics raised over $6 million in 2024 to support ONP-002 development. The company plans to initiate Phase II trials later this year, starting in Australia followed by the U.S., to evaluate safety and efficacy in concussion patients.

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Oragenics Inc. (NYSE American: OGEN) has successfully completed a key FDA-recognized study for its concussion drug, ONP-002. The study demonstrated that the intranasal delivery of ONP-002 effectively targets areas in the nose connected to the brain, increasing the likelihood of rapid brain treatment post-concussion. This achievement paves the way for Oragenics to proceed with Phase II human testing in emergency room patients, aiming to administer the first dose within 8 hours of injury.

The study utilized a special nasal spray device and an FDA-accepted anatomical model of the interior nose. Results showed promising drug distribution in areas where it can be quickly absorbed into the brain. With approximately 69 million people affected by concussions annually and no current pharmaceutical treatment available, ONP-002 represents a significant potential breakthrough in concussion treatment.

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Oragenics, Inc. (NYSE American: OGEN), a company developing intranasal pharmaceuticals for neurological disorders, has closed its public offering of 3,078,378 common stock shares and 5,028,206 pre-funded warrants. The offering price was $0.55 per share and $0.549 per pre-funded warrant, with a $0.001 exercise price for each warrant. The company raised approximately $4.45 million in gross proceeds before deducting fees and expenses. Oragenics plans to use the funds for the continued development of its ONP-002 product candidate and general corporate purposes. Post-offering, Oragenics has 8,659,071 outstanding common stock shares and 5,028,206 outstanding pre-funded warrants. Dawson James Securities, Inc. acted as the sole placement agent for this offering.

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Oragenics, Inc. (NYSE American: OGEN), a company developing intranasal pharmaceuticals for neurological disorders, has announced the pricing of a public offering. The company plans to sell 8,106,584 shares of common stock (or pre-funded warrants) at $0.55 per share. The offering is expected to close around September 5, 2024, with anticipated gross proceeds of $4.45 million. Oragenics intends to use the net proceeds to fund the development of its ONP-002 product candidate and for general corporate purposes. Dawson James Securities, Inc. is acting as the sole placement agent for this offering, which is being made pursuant to an effective registration statement filed with the SEC.

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Oragenics Inc. (NYSE American: OGEN) has completed the spray-dried formulation and nasal device filling for its lead candidate, ONP-002, in preparation for a Phase IIa clinical trial targeting concussion treatment. The trial, set to enroll 40 concussed patients in Australia, will evaluate the efficacy of ONP-002 administered intranasally within 8 hours of injury. This novel neurosteroid aims to reduce negative outcomes post-concussion through its anti-inflammatory effects.

Key developments include:

  • Production of placebo and ONP-002 as spray-dried nanoparticle formulations
  • Loading of the powder into Oragenics' proprietary breath-propelled intranasal device
  • Initiation of a stability program for both the drug formula and device

The trial design involves twice-daily dosing for five consecutive days, with patient-reported outcomes and blood biomarkers expected to be part of the evaluation process.

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Oragenics (NYSE American: OGEN) has provided an update on its drug ONP-002, intended to treat concussion, and its non-compliance with NYSE American continued listing standards. Key developments include:

1. Demonstrated stability of ONP-002 across a wide temperature range.
2. Preparation for Phase 2 clinical trials, expected to start in Q4 2024.
3. Improved drug formulation, increasing ONP-002 per dose by 4X.
4. Developed prototype for automated intranasal device.
5. Completed FDA-required cardiotoxicity and genotoxicity testing.
6. Raised $1.1 million through a public offering.
7. Appointed new medical advisors.

The company is currently not in compliance with NYSE American's continued listing standards but has an approved Plan of Compliance until October 18, 2025.

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Oragenics Inc. (NYSE American: OGEN) has announced that its lead candidate for treating concussion, ONP-002, demonstrates stability across a wide temperature range (-20°C to 104°C). This eliminates the need for cold storage, making it suitable for field use in sports and military operations. Key points:

1. ONP-002 is a new chemical entity designed for intranasal delivery to treat concussions.
2. The drug maintains over 99% purity after 3 months at various temperatures.
3. Formulated as a spray-dried powder for improved stability.
4. No FDA-approved pharmaceutical treatment currently exists for concussions.
5. An estimated 69 million concussions are reported annually worldwide.

Oragenics aims to address the unmet medical need for concussion treatment, potentially impacting related neurological disorders like Alzheimer's, Parkinson's, and CTE.

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Oragenics (NYSE American: OGEN) announced that its lead candidate for treating concussion, ONP-002, successfully completed an FDA-required genotoxicity study. The study showed that ONP-002 does not cause DNA damage or increase cancer risk in an animal model, even at high doses. This positive outcome clears a important safety hurdle for ONP-002, a new chemical entity designed for intranasal delivery to the brain.

Key points:

  • ONP-002 showed no evidence of genetic mutations or cell cycle disruption
  • The study was conducted under Good Laboratory (GLP) conditions
  • Oragenics is planning a Phase II clinical trial for ONP-002
  • Concussion affects an estimated 69 million people annually worldwide
  • The company believes ONP-002 will be safe for concussed patients in the planned trial
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FAQ

What is the current stock price of Oragenics (OGEN)?

The current stock price of Oragenics (OGEN) is $0.378 as of December 24, 2024.

What is the market cap of Oragenics (OGEN)?

The market cap of Oragenics (OGEN) is approximately 4.6M.

What does Oragenics Inc. specialize in?

Oragenics Inc. specializes in the research and development of innovative biopharmaceutical treatments for neurology and infectious diseases, including nasal delivery medications.

What is ONP-002?

ONP-002 is Oragenics' lead product, a fully synthetic neurosteroid designed to treat mild Traumatic Brain Injury (mTBI) by reducing swelling, oxidative stress, and inflammation while restoring proper blood flow.

What is the ProBiora3 technology?

ProBiora3 is a proprietary technology developed by Oragenics, used in products like evoraplus™ to support gum and tooth health, freshen breath, and whiten teeth.

What recent achievements has Oragenics made?

Oragenics is preparing for a Phase II clinical trial for ONP-002 and has advanced its drug formulation to optimize intranasal delivery. The company has partnered with Avance Clinical Pty Ltd to implement the trial.

Who are key leaders at Oragenics?

Key leaders include Michael Redmond, President, and Dr. James Kelly, Chief Medical Officer, who focus on optimizing drug formulations and clinical trial implementations.

What is the significance of intranasal delivery for ONP-002?

Intranasal delivery for ONP-002 is crucial as it bypasses the blood-brain barrier, allowing rapid and efficient drug delivery to the brain, enhancing treatment efficacy.

How does ONP-002 impact brain injury treatment?

ONP-002 improves molecular and behavioral outcomes after brain injury, with preclinical studies showing significant potential in reducing symptoms and enhancing recovery.

What are the potential benefits of ONP-002?

ONP-002 is designed to treat concussions by reducing inflammation and oxidative stress while restoring blood flow, potentially mitigating long-term neurological disorders.

What are common causes of concussions that ONP-002 aims to treat?

Common causes include falls, motor vehicle accidents, and contact sports. Concussions can lead to long-term neurological disorders, an unmet medical need Oragenics aims to address.

Where can I find more information about Oragenics?

For more information, visit Oragenics' official website at www.oragenics.com.

Oragenics Inc.

NYSE:OGEN

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