Welcome to our dedicated page for Virpax Pharmaceuticals news (Ticker: VRPX), a resource for investors and traders seeking the latest updates and insights on Virpax Pharmaceuticals stock.
Virpax Pharmaceuticals, Inc. (Nasdaq: VRPX) is a preclinical-stage pharmaceutical company focused on non-opioid, non-addictive pain management and central nervous system (CNS) disorders, using novel drug delivery technologies. The Virpax news feed on Stock Titan highlights company announcements that describe progress across its prescription and nonprescription product candidates and capital markets activity.
News items commonly cover Virpax’s pipeline developments, such as preclinical dose range finding studies and animal model data for Probudur™, its long-acting liposomal bupivacaine formulation for post-operative pain. Releases also discuss updates on Envelta™ (NES100), an intranasal molecular envelope enkephalin formulation for acute and chronic pain, and NobrXiol™, an intranasal cannabidiol (CBD) candidate for rare pediatric epilepsy that uses Molecular Envelope Technology (MET) to target delivery to the brain.
Investors can follow announcements about Virpax’s collaborations and CRADAs with organizations such as the National Institutes of Health, the Department of Defense, and the U.S. Army Institute of Surgical Research, which has evaluated Probudur in combat care-related pain models. The news stream also includes updates on MET-related studies conducted by partners like Nanomerics, including human safety data for MET-based formulations.
In addition, Virpax issues news regarding financing transactions, including public offerings of common stock and pre-funded warrants, and corporate actions such as reverse stock splits intended to support continued listing on the Nasdaq Capital Market. The company also reports on exploratory work using MET or similar technology for intranasal mRNA COVID vaccine delivery and on efforts to seek partners for nonprescription candidates such as AnQlar and Epoladerm.
By monitoring this page, readers can review Virpax’s official press releases on its research progress, regulatory interactions, collaborations, and capital markets events in one place.
Virpax Pharmaceuticals (NASDAQ: VRPX) announced its Q1 2024 results and recent developments. The company reported an increase in general and administrative expenses to $1.7M and R&D expenses to $1.6M, leading to an operating loss of $3.2M. Cash reserves stood at $1.9M as of March 31, 2024. Key highlights include the positive results of the Probudur™ Maximum Tolerated Dose Study, ongoing development of Envelta™ and NobrXiol™, and a settlement agreement with Sorrento Therapeutics and Scilex Pharmaceuticals. The company is also seeking additional grants and licensing opportunities. CEO Gerald W. Bruce expressed optimism about the future despite the financial challenges.
Virpax Pharmaceuticals, Inc. announced the results of a Maximum Tolerated Dose (MTD) study for Probudur™, a long-acting liposomal bupivacaine formulation aimed at reducing the need for opioids after surgery. The study showed that Probudur provided both immediate and sustained pain relief at the wound site, with minimal toxicity and better therapeutic results compared to free bupivacaine. The formulation demonstrated the potential to offer rapid onset and prolonged action, marking significant progress towards completing preclinical studies and filing for an Investigational New Drug Application (IND) by the end of the year.
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