Lakewood-Amedex Biotherapeutics Announces Preclinical Safety Data Supporting Clinical Dose Selection for Upcoming Phase 2a Trial of Nu-3 Gel
Rhea-AI Summary
Lakewood-Amedex Biotherapeutics (NASDAQ: LABT) reported preclinical safety results for its Nu-3 gel, a Bisphosphocin®-based topical antimicrobial being developed for infected diabetic foot ulcers (iDFU). The FDA-required safety study showed Nu-3 was well tolerated at dose levels substantially higher than those planned for the upcoming Phase 2a trial and did not inhibit wound healing.
According to the company, systemic exposure to Nu-3 was very low, supporting a low potential for systemic side effects. Based on combined in vitro, in vivo and safety data, Lakewood-Amedex Biotherapeutics has selected 2%, 5% and 10% Nu-3 gel concentrations for evaluation in a Phase 2a iDFU study that is nearing initiation.
Positive
- Nu-3 well tolerated at doses above planned Phase 2a levels
- Safety study showed no inhibition of wound healing
- Systemic exposure very low, suggesting low systemic side-effect risk
- Phase 2a doses selected at 2%, 5% and 10% gels
- Supports Phase 2a readiness in infected diabetic foot ulcers (iDFU)
Negative
- None.
Market reaction after Nu-3 preclinical safety data: LABT -4.71% in the Jul 15 session
In the Jul 15 session, LABT declined 4.71%, reflecting a moderate negative market reaction. Argus tracked a peak move of +10.0% during that session. Argus tracked a trough of -38.9% from its starting point during tracking. Our momentum scanner triggered 25 alerts that day, indicating elevated trading interest and price volatility. Trading volume was very high at 3.0x the daily average, suggesting heavy selling pressure.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 07 | Policy support statement | Positive | -12.8% | Company backed the PASTEUR Act and highlighted Nu-3 Phase 2 preparation. |
| Jun 25 | Investigator appointment | Positive | -7.8% | Named David G. Armstrong as Study Chair for Nu-3 Phase 2a iDFU trial. |
| Jun 22 | Patent grant | Positive | -7.2% | Secured Australian composition of matter patent for Bisphosphocin compounds. |
| Jun 16 | Investor presentation | Positive | -0.7% | Announced participation in Life Sciences Virtual Investor Forum to discuss Nu-3. |
| May 27 | IP portfolio expansion | Positive | +3.0% | Added Australia and New Zealand patents, bringing Nu-3 gel patents to 27. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent positive Nu-3 and IP updates have often been followed by negative next-day moves, indicating a tendency for the stock to fade good news.
Key Terms
diabetic foot ulcers medical
phase 2a medical
broad-spectrum medical
therapeutic index medical
systemic side effects medical
biofilms medical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Nu-3 is a gel formulation of a Bisphosphocin® compound targeting the topical treatment of infected diabetic foot ulcers with low likelihood of producing systemic side effects.
"These preclinical results are highly encouraging, providing evidence that our Nu-3 gel formulation has the potential to be a safe and effective, topically delivered antimicrobial," said Kelvin Cooper, Ph.D., Chief Executive Officer of Lakewood-Amedex Biotherapeutics. "Safety data confirms that Nu-3 was well-tolerated and did not inhibit wound-healing in the safety study, which gives us confidence in the therapeutic index of Nu-3 as we near the expected initiation of our Phase 2a study."
Nu-3 was well tolerated in the FDA-required safety study after administering dose levels substantially higher than the doses selected for the planned Phase 2a trial. Additionally, systemic exposure was very low, as anticipated, suggesting a low potential for systemic side effects.
Lakewood-Amedex Biotherapeutics is finalizing preparation of a Phase 2a clinical trial in infected diabetic foot ulcers (iDFU). The combined outcomes of in vitro antimicrobial activity and in vivo activity in animal models of wound infection, as well as the positive safety study outcome, supports the dose selection of
"Based on the preclinical data, including the safety study, the gel formulation of Nu-3 has the potential to be uniquely suited for the treatment of infected diabetic foot ulcers with broad-spectrum efficacy, fast-acting antimicrobial activity, as well as activity against highly resistant bacterial strains and complex biofilms," stated Thomas Balzer, M.D., Ph.D., Chief Medical Officer of Lakewood-Amedex Biotherapeutics. "The selected concentrations are expected to provide sufficient dose response information both for the antimicrobial activity in patients as well as safety and tolerability of Nu-3, as a topical formulation that ensures a localized therapeutic impact with a low risk of systemic side effects."
About Lakewood-Amedex Biotherapeutics Inc.
Lakewood-Amedex Biotherapeutics Inc. (NASDAQ: LABT) is a clinical-stage biotechnology Company developing a novel class of fast-acting, broad-spectrum antimicrobials – the Bisphosphocin® class - to treat infectious diseases and reduce the threat posed by antibiotic-resistant bacterial strains, including MRSA, VRE, and others. For more information, please visit https://lakewoodamedex.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Lakewood-Amedex Biotherapeutics Inc.'s clinical development plans, regulatory strategy, anticipated trial timing, potential regulatory submissions or approvals, and the potential benefits, safety, efficacy and commercial potential of its Bisphosphocin® platform and product candidates. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including risks that clinical trials may not be initiated, completed or successful on expected timelines or at all; preclinical or clinical results may not be predictive of future results; product candidates may not demonstrate safety or efficacy or receive regulatory approval; and risks related to manufacturing, supply, financing and other matters described in the company's SEC filings, including under "Risk Factors." Forward-looking statements speak only as of the date of this press release, and the company undertakes no obligation to update them except as required by law.
Contact
Investor Relations
Tiberend Strategic Advisors, Inc.
David Irish
(231) 632-0002
dirish@tiberend.com
Media Relations
Tiberend Strategic Advisors, Inc.
Casey McDonald
(646) 577-8520
cmcdonald@tiberend.com
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SOURCE Lakewood-Amedex Biotherapeutics Inc.