Virpax Reports on Progress of Envelta™
Virpax Pharmaceuticals (NASDAQ: VRPX) announced significant progress in its Envelta development program, a non-opioid pain product candidate. Recently completed dose ranging studies in rats and dogs showed Envelta was well-tolerated with no adverse effects. The data will support the IND application to the FDA and establish safe dosing for first-in-human trials, expected to file by Q2 2024. The program is funded by an in-kind grant from the National Center for Advancing Translational Sciences (NCATS) under the NIH.
- Successful completion of dose ranging studies in rats and dogs for Envelta.
- No adverse effects observed during the studies.
- Data will support IND application to the FDA.
- Expected IND submission by Q2 2024.
- None.
Dose ranging studies for Envelta in both rats and dogs were recently completed, and the intranasal administration of Envelta was well-tolerated and no adverse effects were observed. The data from these studies will be used in Virpax’s Investigational New Drug (IND) application to the FDA as well as to establish safe dosing for the first-in-human trials of Envelta.
“We are actively working with NCATS to complete the studies necessary to move this program forward. We are pleased with the results from these latest studies and remain on track to file the IND by the second quarter of 2024,” stated
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 Twitter, LinkedIn and YouTube.
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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