STOCK TITAN

Relief Reports that U.S. Collaboration Partner Announced Second Favorable Safety Report for ZYESAMI(TM) (RLF-100TM/aviptadil) in NIH Sponsored ACTIV-3b Critical Care Study in Life-Threatening COVID-19

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
covid-19
Rhea-AI Summary

Relief Therapeutics reported positive safety findings for ZYESAMI (RLF-100) in the NIH-sponsored ACTIV-3b study. The Independent Data Safety Monitoring Board reviewed data from 231 patients and confirmed no new safety concerns, recommending continued patient enrollment. The company emphasizes its commitment to addressing unmet medical needs with innovative therapies while also strengthening its pipeline through collaborations and acquisitions. The progress of RLF-100, particularly in treating respiratory issues related to COVID-19, remains a focus for Relief.

Positive
  • No new safety concerns reported in the ACTIV-3b study for RLF-100 based on 231 patient analyses.
  • Ongoing enrollment in trials, indicating confidence in drug safety and effectiveness.
  • Strengthening pipeline through strategic collaborations and acquisitions.
Negative
  • Uncertainty regarding potential approval of RLF-100 in various regions for COVID-19 treatment.
  • Ongoing disputes with NeuroRx may pose risks to the company's operations.

GEVENVA, SWITZERLAND / ACCESSWIRE / September 30, 2021 / RELIEF THERAPEUTICS Holding SA (SIX:RLF)(OTCQB:RLFTF) ("Relief"), a biopharmaceutical company seeking to provide patients therapeutic relief from serious diseases with high unmet need, reported today that the parent company of its U.S. collaboration partner, NRx Pharmaceuticals, Inc., (Nasdaq: NRXP) ("NRx"), has issued a press release providing a safety update on ZYESAMI(TM) (RLF-100(TM)/aviptadil) which is being tested in the ACTIV-3b/TESICO (Therapeutics for Severely Ill Inpatients with COVID-19) phase three study sponsored by the National Institutes of Health (NIH). According to the press release, in its second scheduled analysis, the study's Independent Data Safety Monitoring Board found no new safety concerns after reviewing a total of 231 patients and recommended continued enrollment. The related NRx press release can be accessed through the following link.

ABOUT RELIEF

Relief focuses primarily on clinical-stage programs based on molecules with a history of clinical testing and use in human patients or a strong scientific rationale. Relief's lead drug candidate, RLF-100(TM) (aviptadil), a synthetic form of Vasoactive Intestinal Peptide (VIP), is in late-stage clinical testing in the U.S. for the treatment of respiratory deficiency due to COVID-19. As part of its pipeline diversification strategy, in March 2021, Relief entered into a Collaboration and License Agreement with Acer Therapeutics for the worldwide development and commercialization of ACER-001. ACER-001 is a taste-masked and immediate release proprietary powder formulation of sodium phenylbutyrate (NaPB) for the treatment of Urea Cycle Disorders and Maple Syrup Urine Disease. In addition, Relief's recently completed acquisitions of APR Applied Pharma Research SA and AdVita Lifescience GmbH, bring to Relief a diverse pipeline of marketed and development-stage programs.

RELIEF THERAPEUTICS Holding SA is listed on the SIX Swiss Exchange under the symbol RLF and quoted in the U.S. on OTCQB under the symbol RLFTF. For more information, visit www.relieftherapeutics.com. Follow us on LinkedIn.

CONTACT:

RELIEF THERAPEUTICS Holding SA
Jack Weinstein
Chief Financial Officer and Treasurer
contact@relieftherapeutics.com

FOR MEDIA/INVESTOR INQUIRIES:

Rx Communications Group
Michael Miller
+1-917-633-6086
mmiller@rxir.com

Disclaimer: This communication expressly or implicitly contains certain forward-looking statements concerning RELIEF THERAPEUTICS Holding SA. Such statements involve certain known and unknown risks, uncertainties and other factors, including (i) whether RLF-100TM (aviptadil) will ever be approved in the U.S., the U.K., or the E.U. for the treatment of respiratory failure in patients with COVID-19, (ii) whether RELIEF THERAPEUTICS Holding SA can satisfactorily resolve its ongoing disputes with NeuroRx without litigation, (iii) whether RELIEF THERAPEUTICS Holding SA will prevail in any litigation action with NeuroRx over the terms of the Collaboration Agreement, and (iv) those risks discussed in RELIEF THERAPEUTICS Holding SA's press releases and filings with the SIX, which could cause the actual results, financial condition, performance or achievements of RELIEF THERAPEUTICS Holding SA to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. RELIEF THERAPEUTICS Holding SA is providing this communication as of this date and do not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

SOURCE: Relief Therapeutics Holdings AG



View source version on accesswire.com:
https://www.accesswire.com/666219/Relief-Reports-that-US-Collaboration-Partner-Announced-Second-Favorable-Safety-Report-for-ZYESAMITM-RLF-100TMaviptadil-in-NIH-Sponsored-ACTIV-3b-Critical-Care-Study-in-Life-Threatening-COVID-19

FAQ

What did the latest safety report for RLFTF indicate?

The safety report for RLFTF confirmed no new safety concerns for ZYESAMI (RLF-100) from the ACTIV-3b study.

How many patients were involved in the ZYESAMI safety study?

The safety study for ZYESAMI involved a total of 231 patients.

What is the focus of Relief Therapeutics' clinical programs?

Relief Therapeutics focuses on developing therapies for serious diseases with high unmet needs, particularly respiratory disorders.

What are the potential risks faced by Relief Therapeutics according to the press release?

Relief Therapeutics faces risks regarding the approval of RLF-100 and ongoing disputes with NeuroRx.

RELIEF THERAPEUTICS HLDG

OTC:RLFTF

RLFTF Rankings

RLFTF Latest News

RLFTF Stock Data

55.05M
9.65M
27.02%
Biotechnology
Healthcare
Link
United States of America
Geneva