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Biodexa Initiates Support Activities for FAP Patients and Treatment Centers in France

(Positive)
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Biodexa Pharmaceuticals (Nasdaq: BDRX) has initiated new support activities for Familial Adenomatous Polyposis (FAP) patients and prescribers in France, holding its first round table meeting in Paris to facilitate experience-sharing among patients, advocacy groups and clinicians and to inform its goal of improving outcomes and quality of life.

These initiatives build on Biodexa’s global Early Access Program and Named Patient prescribing, which allow clinicians to prescribe its investigational mTOR inhibitor eRapa for FAP outside clinical trials. eRapa has US Orphan Designation, with plans to seek similar status in Europe, and is being advanced into a double‑blind, placebo‑controlled Phase 3 registrational trial in FAP, targeting 30 clinical sites in the US and Europe and 168 patients randomized 2:1. The Phase 3 program is supported by a $20 million grant from the Cancer Prevention and Research Institute of Texas (CPRIT).

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Positive

  • $20 million CPRIT grant supporting eRapa Phase 3 FAP program
  • Planned Phase 3 FAP trial with 168 patients across 30 sites
  • eRapa access expanded via global Early Access and Named Patient programs

Negative

  • None.

Market Context

BDRX declined 2.4% after Health Canada approved expansion of its FAP trial. That history provides a ...
Analysis

BDRX declined 2.4% after Health Canada approved expansion of its FAP trial. That history provides a comparison point for this support initiative, while clinical-stage execution remained the key risk and short positioning was categorized as low.

Key Figures

Phase 2 trial: Phase 2 Planned clinical sites: 30 clinical sites Planned enrollment: 168 patients +4 more
7 metrics
Phase 2 trial Phase 2 Open-label eRapa trial
Planned clinical sites 30 clinical sites Phase 3 trial across the US and Europe
Planned enrollment 168 patients Phase 3 trial
Randomization 2:1, drug: placebo Phase 3 trial
Grant support $20 million Cancer Prevention and Research Institute of Texas grant
US FAP incidence one in 5,000 to 10,000 Reported incidence in the US
Europe FAP incidence one in 11,300 to 37,600 Reported incidence in Europe

Historical Context

5 past events · Latest: Jun 30 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 30 Annual meeting results Positive +3.1% Most ordinary resolutions passed, with voting majorities ranging from 73% to 94%.
Jun 30 Registered direct offering Negative +2.1% Company priced equity financings totaling approximately $3.5 million.
Jun 29 FAP trial expansion Positive -2.4% Health Canada approved expansion of the Serenta Phase 3 trial into Canada.
Jun 17 AGM postponement Negative +1.7% Annual general meeting was adjourned because the required quorum was not reached.
May 14 Share capital reorganization Negative -8.5% Company proposed a 10,000:1 reverse split and changes to its ADS ratio.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

BDRX's reaction diverged from the apparent announcement direction in 3 of the 5 selected historical events.

Key Terms

familial adenomatous polyposis, mTOR inhibitor, orphan designation, molecular glue, +1 more
5 terms
familial adenomatous polyposis medical
"FAP is characterized as a proliferation of polyps in the colon and/or rectum"
An inherited condition caused by a gene mutation that leads to the early development of hundreds to thousands of growths (polyps) in the colon and rectum, which, if untreated, almost always progress to colorectal cancer. Investors care because it creates a clear medical need for genetic testing, ongoing monitoring, preventive surgeries and targeted therapies; like a high-risk household where early alarms and durable fixes have outsized value in diagnostics and treatment markets.
mTOR inhibitor medical
"Rapamycin is an mTOR (mammalian Target Of Rapamycin) inhibitor"
mTOR inhibitors are drugs that block the mTOR protein, a cell-signaling “traffic light” that tells cells when to grow, divide or produce energy. They matter to investors because these drugs can treat cancers, immune disorders and other conditions, so clinical results, safety and regulatory approvals can dramatically affect a biotech’s future revenue and valuation much like a new product changing a company’s market prospects.
orphan designation regulatory
"eRapa has received Orphan Designation in the US"
Orphan designation is a regulatory label granted to a drug or therapy intended to treat a rare disease, which typically affects a small number of patients. It matters to investors because it unlocks incentives—such as development cost reductions, tax credits, priority review and a period of market exclusivity—that improve the commercial and regulatory prospects of a product; think of it as a government-backed head start and safety net for a niche but potentially high-value medicine.
molecular glue technical
"MTX240 is a molecular glue, bringing two intracellular proteins"
A molecular glue is a small synthetic molecule that sticks two proteins together inside a cell so one will be tagged and removed by the cell’s waste-disposal machinery; think of it as a tiny adapter that forces a faulty part onto a conveyor belt for removal. Investors care because this approach can turn previously untreatable disease targets into drug opportunities, creating potential high-value therapies but with scientific and regulatory risk.
open label medical
"Data from an open label Phase 2 trial were presented"
Open label is a clinical trial design in which both the participants and the researchers know which treatment or intervention is being given. For investors, this matters because knowledge of the treatment can influence reported effects and side effects—like how seeing a product label can change a shopper’s opinion—so open-label results are useful for safety and real-world experience but are generally viewed as less rigorous evidence of effectiveness than blinded studies.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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July 28, 2026

Biodexa Initiates Support Activities for FAP Patients and Treatment Centers in France

Biodexa Pharmaceuticals PLC (Nasdaq: BDRX), a clinical stage biopharmaceutical company developing innovative products focused on the treatment or prevention of gastrointestinal cancers is pleased to announce that it has held its first round table meeting in Paris, France as part of expanding its support for Familial Adenomatous Polyposis (FAP) patients and prescribers. The sharing of experience and expertise amongst patients, patient advocacy groups and clinicians is informing Biodexa’s goal of improving outcomes and quality of life for FAP patients. These activities will augment Biodexa previous step of making eRapa available for FAP patients via an Early Access Program and Named Patient prescribing. A global initiative which gives clinicians who treat FAP patients the opportunity to prescribe this investigational medicine outside of a clinical trial for the first time.

Commenting, Stephen Stamp, Chief Executive Officer of Biodexa said “We are delighted to be expanding our support for the FAP community and are committed to improving the lives of patients. We are proud to be support clinicians and patients in this way in addition to making eRapa available to clinicians for whom there are no currently approved therapeutic options.”

About Familial Adenomatous Polyposis

FAP is characterized as a proliferation of polyps in the colon and/or rectum, usually occurring in mid-teens. There is no approved therapeutic option for treating FAP patients, for whom active surveillance and surgical resection of the colon and/or rectum remain the standard of care. If untreated, FAP typically leads to cancer of the colon and/or rectum. There is a significant hereditary component to FAP with a reported incidence of one in 5,000 to 10,000 in the US and one in 11,300 to 37,600 in Europe. eRapa has received Orphan Designation in the US with plans to seek such designation in Europe. Importantly, mTOR has been shown to be over-expressed in FAP polyps – thereby underscoring the rationale for using a potent and safe mTOR inhibitor like eRapa to treat FAP.

About eRapa
eRapa is a proprietary oral capsule formulation of rapamycin, also known as sirolimus. Rapamycin is an mTOR (mammalian Target Of Rapamycin) inhibitor. mTOR has been shown to have a significant role in the signalling pathway that regulates cellular metabolism, growth and proliferation and is activated during tumorigenesis. Importantly, mTOR has been shown to be over-expressed in FAP polyps – thereby underscoring the rationale for using a potent and safe mTOR inhibitor like eRapa to treat FAP. Data from an open label Phase 2 trial were presented at Digestive Disease Week and InSIGHT 2024 in May and June 2024, respectively. Based on those data, Biodexa initiated a double-blind, placebo-controlled Phase 3 registrational trial which is planned to initiate 30 clinical sites across the US and Europe and to enrol 168 patients randomized 2:1, drug: placebo. The Phase 3 program is supported by a $20 million grant from the Cancer Prevention and Research Institute of Texas.

The Cancer Prevention and Research Institute of Texas
To date, CPRIT has awarded $2.9 billion in grants to Texas research institutions and organizations through its academic research, prevention and product development research programs. CPRIT has recruited 237 distinguished researchers, supported the establishment, expansion or relocation of 43 companies to Texas and generated over $5.7 billion in additional public and private investment. CPRIT funding has advanced scientific and clinical knowledge and provided 7.4 million life-saving cancer prevention and early detection services reaching Texans from all 254 counties. On November 5, 2019, Texas voters overwhelmingly approved a constitutional amendment to provide an additional $3 billion to CPRIT for a total $6 billion investment in cancer research and prevention. Learn more at https://cprit.texas.gov/.

About Biodexa Pharmaceuticals PLC

The Company’s lead development programs include eRapa, under development for Familial Adenomatous Polyposis and Non-Muscle Invasive Bladder Cancer, MTX240 under development for Gastrointestinal Stromal Tumors (GIST) and tolimidone, under development for the treatment of type 1 diabetes.

eRapa is a proprietary oral capsule formulation of rapamycin, also known as sirolimus. Rapamycin is an mTOR (mammalian Target Of Rapamycin) inhibitor. mTOR has been shown to have a significant role in the signalling pathway that regulates cellular metabolism, growth and proliferation and is activated during tumorigenesis.

MTX240 is a molecular glue, bringing two intracellular proteins, PDE3a and SLFN12, specifically co-expressed by GIST cancer cells, into close proximity to form a stable complex. This interaction stabilizes SLFN12, enabling it to drive RNase-mediated apoptosis in GIST cells through a mechanism independent of KIT of PDGFR signalling.

Tolimidone is an orally delivered, potent and selective inhibitor of Lyn kinase. Lyn is a member of the Src family of protein tyrosine kinases, which is mainly expressed in hematopoietic cells, in neural tissues, liver, and adipose tissue. Tolimidone demonstrates glycaemic control via insulin sensitization in animal models of diabetes and has the potential to become a first in class blood glucose modulating agent.

Biodexa’s headquarters and R&D facility is in Cardiff, UK. For more information visit www.biodexapharma.com.

For more company information, please contact:

Stephen Stamp, CEO
Fiona Sharp, CFO
Tel: +44 (0)29 20480 180
www.biodexapharma.com

For program information, contact;

erapa@tannerpharma.com

https://clinicaltrials.gov/study/NCT07689942?cond=erapa&viewType=Card&rank=2

https://biodexapharma.com/clinical-trials/erapa-encapsulated-rapamycin-named-patient-programme/

Forward-Looking Statements
Certain statements in this announcement may constitute “forward-looking statements” within the meaning of legislation in the United Kingdom and/or United States. Such statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are based on management’s belief or interpretation. All statements contained in this announcement that do not relate to matters of historical fact should be considered forward-looking statements. In certain cases, forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved.” Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict,

that may cause their actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein.

Reference should be made to those documents that Biodexa shall file from time to time or announcements that may be made by Biodexa in accordance with the rules and regulations promulgated by the SEC, which contain and identify other important factors that could cause actual results to differ materially from those contained in any projections or forward-looking statements. These forward-looking statements speak only as of the date of this announcement. All subsequent written and oral forward-looking statements by or concerning Biodexa are expressly qualified in their entirety by the cautionary statements above. Except as may be required under relevant laws in the United States, Biodexa does not undertake any obligation to publicly update or revise any forward-looking statements because of new information, future events or events otherwise arising.


FAQ

What did Biodexa (Nasdaq: BDRX) announce on July 29, 2026 about FAP support in France?

Biodexa announced it has started new support activities for FAP patients and prescribers in France, including a first round table in Paris. According to Biodexa, these meetings aim to share experience among patients, advocacy groups and clinicians to help improve FAP outcomes and quality of life.

How is Biodexa’s eRapa being made available to FAP patients outside clinical trials (BDRX)?

Biodexa is providing eRapa to FAP patients through a global Early Access Program and Named Patient prescribing. According to Biodexa, this initiative lets clinicians treating FAP prescribe the investigational mTOR inhibitor for the first time outside a formal clinical trial setting.

What is the design of Biodexa’s Phase 3 eRapa trial in FAP (BDRX)?

The planned Phase 3 eRapa trial in FAP is double‑blind, placebo‑controlled and registrational, with 168 patients randomized 2:1, drug to placebo. According to Biodexa, about 30 clinical sites across the US and Europe are expected to participate in this program.

What funding supports Biodexa’s Phase 3 eRapa program for FAP (Nasdaq: BDRX)?

Biodexa’s Phase 3 FAP program for eRapa is backed by a $20 million grant from the Cancer Prevention and Research Institute of Texas. According to Biodexa, this CPRIT funding supports advancement of the registrational trial across sites in the US and Europe.

What is eRapa and why is Biodexa (BDRX) developing it for Familial Adenomatous Polyposis?

eRapa is a proprietary oral capsule formulation of rapamycin, an mTOR inhibitor linked to cell growth and tumorigenesis. According to Biodexa, mTOR is over‑expressed in FAP polyps, providing a rationale to investigate eRapa as a potential treatment for FAP patients without approved drug options.

Does Biodexa’s eRapa have any special regulatory status for FAP (BDRX)?

eRapa has received Orphan Designation in the United States for Familial Adenomatous Polyposis. According to Biodexa, the company also plans to seek similar orphan designation in Europe as it advances the Phase 3 registrational program and associated patient‑support initiatives.

What other pipeline programs does Biodexa (Nasdaq: BDRX) have besides eRapa?

Beyond eRapa, Biodexa’s pipeline includes MTX240 for gastrointestinal stromal tumors and tolimidone for type 1 diabetes. According to Biodexa, MTX240 acts as a molecular glue inducing apoptosis in GIST cells, while tolimidone is a Lyn kinase inhibitor showing glycaemic control in diabetes models.