Virpax Announces Positive Preclinical Toxicology Results in Support of Molecular Envelope Technology (MET)
Virpax Pharmaceuticals (NASDAQ: VRPX) has completed FDA-required preclinical toxicology studies for its Molecular Envelope Technology (MET), which enhances drug delivery for its pain management and epilepsy product candidates. This study aims to evaluate the safety of MET in preparation for IND submissions. Developed by Nanomerics Ltd., this technology is crucial for multiple drug candidates including AnQlar™ and Envelta™. Dr. Jeffrey Murray, a former FDA expert, is advising the company on clinical trial design, emphasizing MET's potential to improve drug administration while reducing interactions and dosage needs.
- Completion of FDA-required preclinical toxicology studies for MET enhances prospects for IND submissions.
- Engagement of Dr. Jeffrey Murray, an FDA expert, strengthens clinical trial design capabilities.
- MET technology could improve drug delivery efficiency and reduce drug interactions.
- No current financial metrics or market data provided to assess immediate impact.
-- MET Platform Nose-to-Brain Delivery Serves as
The Molecular Envelope Technology was developed by
“We are working with a variety of CROs and scientific and pharmaceutical industry leaders to help us evaluate the safety of the MET platform, which underpins a number of our current drug development efforts such as AnQlar™ which is our viral barrier product candidate. We anticipate that MET will also be a part of our plans for current and future drug development programs. We have engaged Dr.
“We are using the MET platform for Envelta™, AnQlar™ and NobrXiol™ and expect to use it in other future programs. This patented technology is designed to deliver drug molecules to the brain while reducing degradation during their intranasal transport past the blood-brain barrier. We believe that this drug delivery technology will lessen drug-to-drug interaction and reduce drug dosing. We will be moving these programs to the clinic and appreciate the support of the Virpax team as well as the leading physicians and researchers who are working side by side with us,” concluded
About
Virpax is developing branded, non-addictive pain management products candidates using its proprietary technologies to optimize and target drug delivery. Virpax is initially seeking FDA approval for two prescription drug candidates that employ two different patented drug delivery platforms. Probudur™ is a single injection liposomal bupivacaine formulation being developed to manage post-operative pain and Envelta™ is an intranasal molecular envelope enkephalin formulation being developed to manage acute and chronic pain, including pain associated with cancer. Virpax is also using its intranasal Molecular Envelope Technology (MET) to develop two other product candidates. PES200 is a product candidate being developed to manage post-traumatic stress disorder (PTSD) and NobrXiol™ is a product candidate being developed for the nasal delivery of a pharmaceutical-grade cannabidiol (CBD) for the management of rare pediatric epilepsy. Virpax recently acquired global rights to NobrXiol. Virpax is also seeking approval of two nonprescription product candidates: AnQlar, which is being developed to inhibit viral replication caused by influenza or SARS-CoV-2, and Epoladerm™, which is a topical diclofenac spray film formulation being developed to manage pain associated with osteoarthritis. For more information, please visit virpaxpharma.com and follow us on
Forward-Looking Statement
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and Private Securities Litigation Reform Act, as amended, including those relating to the Company's planned clinical trials, product development, clinical and regulatory timelines, market opportunity, competitive position, possible or assumed future results of operations, business strategies, potential growth opportunities and other statements that are predictive in nature. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which we operate and management's current beliefs and assumptions.
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