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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934.
Date
of Report: August 14, 2024
(Date
of earliest event reported)
Oragenics,
Inc.
(Exact
name of registrant as specified in its charter)
FL |
|
001-32188 |
|
59-3410522 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
Number) |
1990
Main Street
Suite
750
Sarasota,
FL |
|
34236 |
(Address
of principal executive offices) |
|
(Zip
Code) |
813-286-7900
(Registrant’s
telephone number, including area code)
(Former
Name or Former Address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common
Stock |
|
OGEN |
|
NYSE
American |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
ITEM
8.01. OTHER INFORMATION.
On
August 14, 2024, the Company issued a press release announcing its lead candidate, ONP-002, an innovative neurosteroid designed to treat
mild Traumatic Brain Injury (mTBI), commonly referred to as concussion, is stable across a wide temperature range, eliminating the need
for cumbersome cold storage for the drug device combination during transport and storage. A copy of the Press Release is attached hereto
as Exhibit 99.1 and is incorporated by reference herein.
ITEM
9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(d)
Exhibits
SIGNATURES
In
accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized on this 14th day of August, 2024.
|
ORAGENICS, INC.
(Registrant)
|
|
|
|
|
BY: |
/s/
Janet Huffman |
|
|
Janet
Huffman
Chief
Financial Officer |
Exhibit
99.1
Oragenics
Inc. Shows Concussion Drug, ONP-002, Designed for Acute Field-Delivery Stable Across a Wide Temperature Range
●
ONP-002 stability suggest no need for cumbersome cold storage
●
No FDA-approved pharmaceutical treatment available for concussion
SARASOTA,
Fla., August 14, 2024 (GLOBE NEWSWIRE) Oragenics,
Inc. (NYSE American: OGEN), a company focused on developing unique, intranasal pharmaceuticals for the treatment of neurological disorders,
today announced its lead candidate for treating concussion, ONP-002, is stable across a wide temperature range, eliminating the need
for cumbersome cold storage for the drug device combination. ONP-002 is a new chemical entity (NCE) designed to target the brain through
a breath propelled delivery system into the nasal cavity to treat concussions.
Oragenics
recently completed the synthesis of its ONP-002 drug batch for the planned Phase II clinical trial. The company reports 3-month stability
with over 99% purity at temperatures ranging from -20°C to 104°C. Oragenics is confident in its belief that ONP-002 will not
require cumbersome cold chain protocols during transport and storage, maintaining its chemical structure and function even in extreme
temperatures.
Field
conditions for contact sports and military operations involve a wide range of temperatures that may affect the stability and effectiveness
of drugs intended for acute concussion treatment. ONP-002 has been formulated as a spray-dried powder to improve stability in extreme
temperatures. In contrast, narrow temperature storage protocols can be cumbersome and pose greater risk for non-compliance during shipping
and field operations.
“We
understand the importance of getting ONP-002 into the brain quickly after concussive injury to squelch the pathological cascade of inflammation
and oxidative stress. As an emergency medicine physician, I am especially excited to find out that Oragenics’ drug is expected
to maintain its function out in the field where we plan to administer the initial dose. While there is currently no drug treatment for
concussion, we believe strongly that targeting the brain intranasally during the acute field-phase will improve treatment efficacy,”
commented Frank Peacock, MD and Chief Clinical Officer for Oragenics.
Concussion
is an unmet medical need. There are an estimated 69 million concussions annually reported worldwide. Common causes of concussion include
falls, motor vehicle accidents, and contact sports. Other neurological disorders, including Alzheimer’s Disease, Parkinson’s
Disease, and Chronic Traumatic Encephalopathy (CTE), have been linked to concussion. Post-concussion symptomology is linked to long-term
disability and occurs in as high as 20% of concussed patients.
About
Oragenics
Oragenics
is a development-stage biotechnology company focused on nasal delivery of pharmaceutical medications in neurology and fighting infectious
diseases, including drug candidates for treating mild traumatic brain injury, also known as concussion, and for treating Niemann Pick
Disease Type C, as well as proprietary powder formulation and an intranasal delivery device. For more information, please visit www.oragenics.com.
Forward-Looking
Statements
This
communication contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995, including without limitation statements regarding the ability of the Company to timely and
successfully undertake Phase II clinical trial using its novel drug-device combination for the treatment of mild traumatic brain injury.
These forward-looking statements are based on management’s beliefs and assumptions and information currently available. The words
“believe,” “expect,” “anticipate,” “intend,” “estimate,” “project”
and similar expressions that do not relate solely to historical matters identify forward-looking statements. Investors should be cautious
in relying on forward-looking statements because they are subject to a variety of risks, uncertainties, and other factors that could
cause actual results to differ materially from those expressed in any such forward-looking statements. These factors include, but are
not limited to: the Company’s ability to advance the development of its product candidates, including the neurology assets, under
the timelines and in accord with the milestones it projects; the Company’s ability to raise capital and obtain funding, non-dilutive
or otherwise, for the development of its product candidates; the regulatory application process, research and development stages, and
future clinical data and analysis relating to its product candidates, including any meetings, decisions by regulatory authorities, such
as the FDA and investigational review boards, whether favorable or unfavorable; the Company’s ability to obtain, maintain and enforce
necessary patent and other intellectual property protection; the nature of competition and development relating to concussion treatments;
the Company’s expectations as to the outcome of preclinical studies and clinical trials and the potential benefits, activity, effectiveness
and safety of its product candidates including as to administration, transmission, manufacturing, storage and distribution; and general
economic and market conditions and risks, as well as other uncertainties described in our filings with the U.S. Securities and Exchange
Commission. All information set forth is as of the date hereof unless otherwise indicated. You should consider these factors in evaluating
the forward-looking statements included and not place undue reliance on such statements. We do not assume any obligation to publicly
provide revisions or updates to any forward-looking statements, whether as a result of new information, future developments or otherwise,
should circumstances change, except as otherwise required by law.
Oragenics,
Inc.
Janet
Huffman, Chief Financial Officer
813-286-7900
jhuffman@oragenics.com
Investor
Relations :
Rich Cockrell
CG
Capital
404-736-3838
ogen@cg.capital
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