Biotech Companies; Recent Milestones and Potential Upside
22 Dezember 2020 - 2:05PM
InvestorsHub NewsWire
New York, NY -- December 22,
2020 -- InvestorsHub NewsWire -- Traders News Source, a leading
independent equity research and corporate access firm focused on
small cap growth companies issues new research.
SAMM SOLUTIONS, INC. (DBA BTS
Research) has been engaged by Enzolytics, Inc. (OTCPINK:
ENZC) to conduct a toxicity study on the Company's
Flagship compound ITV-1. The Company has previously tested the
compound in successful Clinical Trials in Bulgaria, but FDA
regulations require separate Toxicity tests before an
Investigational New Drug process may begin in the United States.
Harry Zhabilov, CSO stated " This is a big step for our
organization, and we hope to be able to use most if not all of the
information from our already successful Clinical Trials in Bulgaria
to speed our attempt to meet the requirements in the US for
approval."
The long phase 3 clinical trial
conducted by Northwest Biotherapeutics, Inc. (OTCQB:
NWBO) to evaluate its one and only immunotherapy
candidate, DCVax-L, as a treatment for glioblastoma, concluded in
October. Neither the Company nor any party other than the
independent statisticians will have access to any unblinded data
from the clinical trial at this stage.
"We are excited to be so close to
the finish line now, after such a long road" commented Linda
Powers, the Company's CEO. "We are hopeful that DCVax®-L can become
an important new treatment option for patients who urgently need
more and better treatments for Glioblastoma brain
cancer."
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Vyrologix™, being developed by
CytoDyn Inc. (OTCQB:
CYDY) reached full enrollment in its Phase 3
registrational trial for patients with severe-to-critical COVID-19.
The 390-patient data will be analyzed in approximately 28 days,
with expected results to be announced shortly thereafter.
CytooDyn’s Phase 2b/3 trial to evaluate the efficacy and safety of
Vyrologix™, for patients with severe-to-critical COVID-19
indications is a two-arm, randomized, double blind, placebo
controlled, adaptive design multicenter study.
CytoDyn completed enrollment of
390 patients in its Phase 2b/3 randomized clinical trial for the
severe-to-critically ill COVID-19 population and expects to release
results in mid-January 2021.
Innovation Pharmaceuticals
Inc. (OTCQB:
IPIX) is developing Brilacidin, a Host Defense Protein
(HDP) mimetic representing a new class of drug with antiviral,
anti-inflammatory, and anti-bacterial properties.
This week, the FDA has approved
the Company’s Investigational New Drug (IND) application to proceed
with initiation of a Phase 2 clinical trial of Brilacidin in
hospitalized patients with COVID-19. With its unique HDP mimetic
properties, Brilacidin has potential to exert antiviral activity
across SARS-CoV-2 variants. The sudden emergence of highly
contagious new variants of the coronavirus illuminates the urgent
need for drugs, like Brilacidin, with a different mechanism of
action from current antivirals to get this resilient virus under
control.
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