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PainReform Ltd. Ordinary Shares - PRFX STOCK NEWS

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PainReform Ltd. (symbol: PRFX) is a clinical-stage specialty pharmaceutical company dedicated to the development of innovative pain management solutions. The company focuses on the reformulation of established pain therapeutics, leveraging the US FDA 505(b)(2) regulatory pathway to bring enhanced products to market more efficiently.

The company’s flagship product, PRF-110, is designed to address the significant need for localized and extended post-operative pain relief. PRF-110 is a unique, oil-based, viscous solution containing the local anesthetic ropivacaine. This solution is applied directly into the surgical wound bed before closure, providing sustained pain relief and reducing the need for additional analgesics post-surgery.

PainReform applies proprietary technologies to improve the efficacy, reduce the adverse effects, and increase the convenience of pain medications. Their mission is to deliver pain therapeutics that offer clinically meaningful benefits to both physicians and patients.

Recent Achievements: PRF-110 has demonstrated superior formulation properties, particularly in terms of surface-tissue spreading, which is crucial for effective localized pain management. The company remains on track to announce top-line data from their clinical trials by mid-2024, indicating significant progress in their development timeline.

PainReform Ltd. continues to build strategic partnerships and collaborations to advance its product pipeline and bring new pain management solutions to market. By focusing on the reformulation of established drugs, the company aims to enhance patient outcomes and contribute positively to the field of pain management.

Rhea-AI Summary
PainReform Ltd. (PRFX) provides a business update, reporting enrollment progress in Phase 3 clinical trial for PRF-110, a post-operative pain relief drug. The company aims to announce top-line data by mid-2024. Financially, research and development expenses increased, while general and administrative expenses decreased. The net loss for 2023 was $9.3 million, with cash and cash equivalents of $8.0 million.
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PainReform Ltd. (Nasdaq: PRFX) announced its participation at The Microcap Conference on January 30 - February 1, 2024, where CEO Ilan Hadar will present on Track 2 and Track 5. The company will also hold one-on-one meetings with investors and provided contact information for meeting requests and conference registration.
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PainReform Ltd. (Nasdaq: PRFX) reported in vitro test results comparing its lead product, PRF-110, with the industry leader as a topical analgesia for postoperative pain relief. PRF-110 demonstrated superior formulation properties with respect to surface-tissue spreading, including a greater ability to spread evenly due to its viscosity (PRF-110 1,500 cP vs. industry leader 3,000 cP).
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PainReform Ltd. (Nasdaq: PRFX) announces a definitive agreement for the immediate exercise of outstanding warrants to purchase up to 467,896 ordinary shares at a reduced exercise price of $2.85 per share, registered pursuant to an effective registration statement on Form F-1 (File No. 333-274220).
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PainReform Ltd. (Nasdaq: PRFX) reports enrollment of first patients for the second part of Phase 3 clinical trial in bunionectomy. The company provided a business update for the third quarter ended September 30, 2023, highlighting the progress of their lead drug candidate, PRF-110, targeting the post-operative extended pain relief market. The update includes details about the initiation of the second part of the Phase 3 trial in bunionectomy, with the enrollment of the first patients and plans for continued enrollment of up to 400 patients in the double-blind study at multiple clinical sites in the U.S. The update also covers the financial results for the nine months ended September 30, 2023, including research and development expenses, general and administrative expenses, financial income, net, and net loss.
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PainReform plans to commence second part of Phase 3 trial for PRF-110 in Q4 2023, with results expected in mid-2024. Positive safety data from first part of trial suggests potential advantage over opioids. PRF-110 has key surgical benefits and addresses unmet need in postoperative pain market.
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PainReform announces positive safety and PK data of PRF-110 from Phase 3 clinical trial
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PainReform CEO to attend H.C. Wainwright 25th Annual Global Investment Conference
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FAQ

What is the current stock price of PainReform Ltd. Ordinary Shares (PRFX)?

The current stock price of PainReform Ltd. Ordinary Shares (PRFX) is $5.3 as of December 20, 2024.

What is the market cap of PainReform Ltd. Ordinary Shares (PRFX)?

The market cap of PainReform Ltd. Ordinary Shares (PRFX) is approximately 4.3M.

What is PainReform Ltd.?

PainReform Ltd. is a clinical-stage specialty pharmaceutical company focused on developing reformulated pain management therapeutics.

What is PRF-110?

PRF-110 is PainReform Ltd.'s lead product, an oil-based solution containing ropivacaine for localized post-operative pain relief.

How does PRF-110 work?

PRF-110 is applied directly into the surgical wound bed before closure, providing extended localized analgesia.

What are the benefits of using PRF-110?

PRF-110 aims to enhance pain relief, reduce adverse effects, and increase convenience for post-operative pain management.

What regulatory pathway does PainReform Ltd. use?

PainReform Ltd. utilizes the US FDA 505(b)(2) regulatory pathway for the reformulation of established pain drugs.

When will PainReform announce top-line data for PRF-110?

PainReform is expected to announce top-line data from its PRF-110 clinical trials by mid-2024.

What are the recent achievements of PainReform Ltd.?

PRF-110 has shown superior surface-tissue spreading properties and is on track to deliver significant clinical data by mid-2024.

What is PainReform Ltd.'s mission?

PainReform's mission is to provide pain therapeutics with clinically meaningful benefits for both physicians and patients.

How does PainReform Ltd. enhance its products?

The company uses proprietary technologies to improve drug efficacy, reduce side effects, and increase convenience.

What market is PRF-110 targeting?

PRF-110 targets the post-operative pain relief market.

PainReform Ltd. Ordinary Shares

Nasdaq:PRFX

PRFX Rankings

PRFX Stock Data

4.25M
846.29k
2.52%
9.74%
5.23%
Drug Manufacturers - Specialty & Generic
Healthcare
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United States of America
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