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Oragenics Partners with DUCK FLATS Pharma to Support FDA IND Readiness and Clinical Trial Design for Concussion Program

(Neutral)
Tags
partnership clinical trial

Oragenics (NYSE American: OGEN) engaged DUCK FLATS Pharma as its U.S. IND readiness and regulatory execution partner to support FDA-facing preparation and clinical trial design for its intranasal concussion therapy ONP-002.

The engagement aims to align an upcoming Phase 2a trial in Australia with U.S. regulatory strategy, leverage DUCK FLATS’ ~38 years of experience and prior roles on ~40 drug programs and >60 FDA-approved NDAs, and help advance ONP-002 toward a U.S. Phase 2b trial and later-stage development. The release cites a projected global concussion market >$9B by 2027 and a nasal drug delivery market >$125B by 2030.

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Positive

  • Engaged DUCK FLATS for U.S. IND readiness and FDA-facing regulatory support
  • Plans to align upcoming Australia Phase 2a with U.S. regulatory strategy
  • DUCK FLATS team cited ~38 years’ experience and leadership on >60 FDA NDAs

Negative

  • ONP-002 remains investigational with no current FDA approval
  • U.S. development timeline unspecified beyond alignment and Phase 2b intent

News Market Reaction – OGEN

-7.23%
5 alerts
-7.23% Session close to close
+9.7% Peak Tracked
-7.6% Trough Tracked
$3.50M Market Cap
0.1x Rel. Volume

In the Feb 3 session, OGEN declined 7.23%, reflecting a notable negative market reaction. Argus tracked a peak move of +9.7% during that session. Argus tracked a trough of -7.6% from its starting point during tracking. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved -7.2% in the session following this news. A negative reaction despite strategic prog...
Analysis

The stock moved -7.2% in the session following this news. A negative reaction despite strategic progress would contrast with the prior ONP-002 partnership update, which saw a 24.07% gain. The stock already sat -95.55% below its 52-week high before this news, and an effective shelf for up to $100,000,000 of securities could amplify concerns about dilution, which may weigh on sentiment during sharp pullbacks.

Key Figures

Upcoming trial phase: Phase 2a Future U.S. trial: Phase 2b Drug programs supported: 40 programs +5 more
8 metrics
Upcoming trial phase Phase 2a Planned clinical trial in Australia for ONP-002
Future U.S. trial Phase 2b Targeted U.S. Phase 2b development pathway for ONP-002
Drug programs supported 40 programs DUCK FLATS leadership track record in drug development and approval
Regulatory experience 38 years DUCK FLATS team regulatory and drug development experience
Approved NDAs led 60+ NDAs DUCK FLATS project leadership on FDA-approved New Drug Applications
Regulatory documents 400+ documents Regulatory documents managed by DUCK FLATS across programs
Concussion market size >$9 billion Global concussion market projection by 2027
Nasal delivery market $125+ billion Expected global nasal drug delivery market by 2030

Previous Partnership,clinical trial Reports

1 past event · Latest: May 07 (Positive)
Same Type Pattern 1 events
Date Event Sentiment 24h Move Catalyst
May 07 Partnership announcement Positive +24.1% Partnered with Avance Clinical for Phase II ONP-002 concussion trial in Australia.

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

Pattern Detected

The prior partnership/clinical trial collaboration on ONP-002 with Avance Clinical saw a strong positive move of 24.07%, indicating historically favorable reactions to similar catalysts.

Recent Company History

Over the past year, Oragenics has advanced ONP-002 via clinical partnerships and trial planning. A key event on May 7, 2024 was the Avance Clinical partnership for a Phase II concussion trial in Australia, which drew a 24.07% price reaction. Today’s DUCK FLATS Pharma engagement similarly focuses on regulatory strategy and trial execution, reinforcing a pattern of using specialized partners to progress ONP-002 through mid-stage development.

Key Terms

investigational new drug (ind), intranasal, clinical trial, neuroprotective, +3 more
7 terms
investigational new drug (ind) regulatory
"engaged DUCK FLATS Pharma as its U.S. Investigational New Drug (IND) readiness"
An investigational new drug (IND) is a drug or biologic that is being tested but has not yet been approved for general use; it is the application and formal status that allows a company to begin human clinical trials under regulator oversight. Investors care because an IND marks the transition from lab work to human testing — like getting a permit to run real-world experiments — which creates important milestones, costs, timelines and regulatory risk that drive a development-stage company's value.
intranasal medical
"developing intranasal therapeutics for neurological disorders"
Administration or delivery of a drug or vaccine through the nose, typically via a spray or drops that are absorbed by the nasal tissues. For investors, intranasal products can matter because they often offer easier, needle-free use, faster onset of effect, and potential cost or compliance advantages that can widen a product’s market and affect regulatory review, manufacturing complexity, and commercial prospects — similar to how a convenient app can outsell a clunky desktop program.
clinical trial medical
"upcoming Phase 2a clinical trial in Australia with its U.S regulatory strategy"
A clinical trial is a carefully controlled study in which a new medicine, medical device, or treatment is tested on people to see if it is safe and effective. For investors it matters because trial results determine whether a product can win regulatory approval and reach patients, much like a road test decides if a new car can be sold; positive or negative results can sharply change a company’s prospects and stock value.
neuroprotective medical
"As an investigational neuroprotective intranasal drug, ONP-002 if approved"
Neuroprotective describes a drug, treatment, or compound that helps protect nerve cells from injury, degeneration, or death and can slow or prevent loss of brain or nervous-system function. For investors, claims of neuroprotective activity matter because they suggest a therapy could address chronic or progressive conditions (like those that worsen over time), potentially creating long-term demand, higher development hurdles, and regulatory scrutiny; think of it as a shield for neurons that could change a product’s market value.
nasal drug delivery medical
"would join a nasal drug delivery market expected to reach $125+ billion"
Nasal drug delivery is a way to give medicines through the nose, using sprays, drops or inhaled powders so the drug is absorbed through the nasal lining instead of swallowed or injected. It matters to investors because this route can produce faster effects, better patient convenience and lower development or marketing hurdles for some products, potentially increasing a drug’s commercial appeal and competitive edge — think of it like delivering a package straight to the front door rather than routing it through a warehouse.
new drug applications regulatory
"served as project lead on more than 60 FDA-approved New Drug Applications"
New drug applications are formal requests submitted to a medicine regulator asking permission to market a new prescription drug after clinical testing. Think of it as a company presenting proof, like a recipe and test results, to a safety inspector to show the product works and is safe; approval unlocks the ability to sell the drug, while rejection or delay can sharply change a company’s potential revenue and stock value.
advisory committee regulatory
"served as consultants on several Advisory Committee initiatives for the FDA"
An advisory committee is a panel of independent experts assembled to review technical, medical or strategic information and give recommendations to a regulator or corporate board. Investors pay attention because the committee’s views can influence approvals, product launches, policy decisions and the timing or risk profile of a business—like a respected panel of consultants whose opinion can speed up, slow down or reshape a company’s prospects.

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

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Collaboration reinforces regulatory diligence, nonclinical strategy and clinical trial integrity for novel intranasal concussion therapy

Traumatic brain injuries affect more Americans each year than stroke, Alzheimer’s disease, Parkinson’s disease, multiple sclerosis, and ALS combined

Sarasota, Fla., Feb. 03, 2026 (GLOBE NEWSWIRE) -- Oragenics, Inc. (NYSE American: OGEN) (“the “Company”), a clinical-stage biotechnology company focused on developing intranasal therapeutics for neurological disorders, today announced it has engaged DUCK FLATS Pharma as its U.S. Investigational New Drug (IND) readiness and regulatory execution partner to support FDA-facing preparation and clinical trial design as the Company advances its novel intranasal concussion therapy toward U.S.-based development. The engagement is intended to align the Company’s upcoming Phase 2a clinical trial in Australia with its U.S regulatory strategy.

“We highly value our collaboration with DUCK FLATS Pharma as we advance our IND strategy for ONP-002 and prepare for future U.S. clinical development,” said Janet Huffman, Chief Executive Officer of Oragenics. “By emphasizing regulatory rigor and early preparation, we aim to ensure trial integrity and reduce risk across the U.S. development pathway. DUCK FLATS Pharma’s leadership team has contributed to the development and approval of approximately 40 drug programs, including high-impact intranasal therapies such as Narcan® and neffy®, through regulatory submission strategies, nonclinical and clinical development, and FDA engagement. We believe their experience with market-leading drug programs will meaningfully inform Oragenics’ regulatory and clinical development strategy as we advance our lead concussion therapy toward a U.S. Phase 2b trial and later-stage development.”

DUCK FLATS Pharma supports companies across the full spectrum of size and development stage through a senior leadership-led engagement model, integrating nonclinical, clinical, and regulatory strategies. Drawing on approximately 38 years of regulatory and drug development experience, the team has served as project lead on more than 60 FDA-approved New Drug Applications and managed over 400 regulatory documents across development programs. Team members have served as consultants on several Advisory Committee initiatives for the FDA and other global regulatory authorities. The firm’s Phase 1 and 2 clinical study services include protocol development, case processing, risk management, biomedical literature and medical monitoring. The company also has expertise in nonclinical development to support the clinical indication.

Luana R. C. Pesco Koplowitz, M.D., Ph.D., Founder, President and Chief Scientific Officer of DUCK FLATS Pharma commented, “It is rewarding to engage with Oragenics on overall development strategy for its novel treatment for concussion and mild-traumatic brain injury, a category with no approved therapies for a vast and urgent unmet medical need.”

Traumatic brain injuries affect more Americans each year than stroke, Alzheimer’s disease, Parkinson’s disease, multiple sclerosis, and ALS combined, based on aggregated U.S. incidence estimates—yet no FDA-approved therapy currently exists to treat the underlying injury.

The global concussion market is projected to reach over $9 billion by 2027.1 As an investigational neuroprotective intranasal drug, ONP-002 if approved by the FDA would join a nasal drug delivery market expected to reach $125+ billion by 20302.

About Oragenics, Inc.

Oragenics, Inc. is a clinical-stage biotechnology company developing brain-targeted therapeutics through proprietary intranasal delivery technology. The Company's lead candidate, ONP-002, is being advanced as a potential first-in-class treatment for concussion and mild traumatic brain injury. Oragenics is progressing ONP-002 through Phase 2a clinical trials in Australia, with U.S. Phase IIb trials planned to follow. The Company's intranasal delivery platform has potential applications across multiple neurological conditions, including Parkinson's disease, Alzheimer's disease, PTSD, and anxiety disorders. Oragenics is committed to developing innovative therapies that address significant unmet medical needs in neurological care. For more information, visit 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, but not limited to, statements regarding our future performance, business prospects, expectations and product development plans. These forward-looking statements are not historical facts, but are based on current expectations, estimates and projections about our industry, our beliefs and our assumptions. These forward-looking statements include statements about our strategies, objectives, beliefs, goals, and expectations, including those concerning, among other things, our research, development and regulatory activities, our product development timelines, our future products, regulatory matters, our expectations relating to our products candidates, including ONP-002, the effectiveness of these programs or the possible range of application and potential curative effects and safety in the treatment of concussion and mild traumatic brain injury, and the timing, conduct, interim results announcements and outcomes of our clinical trials of our product candidates, including ONP-002.These forward-looking statements are based on management's beliefs and assumptions and information currently available. The words "believe," "expect," "anticipate," "intend," "estimate," "project," "potential," "may," "will," "could," "should," 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, those described in our most recent Form 10-K, Form 10-Q and other filings we make with the U.S. Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included in this press release and not place undue reliance on such statements. All information we set forth in this press release is as of the date hereof. 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, except as otherwise required by law.

Investor Contact:
800-383-4880
ir@oragenics.com


1 Grand View Research; Concussion Market (2025 - 2030)

2 Grand View Research: Nasal Drug Delivery Technology Market (2024 - 2030)



FAQ

What did Oragenics announce about ONP-002 and FDA IND readiness (OGEN) on February 3, 2026?

Oragenics engaged DUCK FLATS Pharma to support U.S. IND readiness and clinical trial design. According to the company, the partnership will align its Australia Phase 2a with U.S. regulatory strategy and prepare ONP-002 for later U.S. development including a planned Phase 2b.

How will the DUCK FLATS partnership affect Oragenics’ U.S. clinical development for ONP-002 (OGEN)?

The partnership is intended to strengthen FDA-facing preparation and trial integrity for U.S. development. According to the company, DUCK FLATS will provide regulatory, nonclinical, and clinical strategy to help advance ONP-002 toward a U.S. Phase 2b trial.

What experience does DUCK FLATS Pharma bring to Oragenics’ concussion program (OGEN)?

DUCK FLATS cites roughly 38 years of regulatory experience and participation in ~40 drug programs. According to the company, team members served as project leads on more than 60 FDA-approved NDAs and have experience with intranasal therapies.

Does the Oragenics announcement change ONP-002’s approval status with the FDA (OGEN)?

No; ONP-002 remains an investigational therapy and is not FDA approved. According to the company, the engagement focuses on IND readiness and aligning clinical design rather than announcing any regulatory approvals.

What market opportunity did Oragenics cite for ONP-002 in the February 3, 2026 release (OGEN)?

Oragenics cited a projected global concussion market over $9 billion by 2027 and a nasal drug delivery market exceeding $125 billion by 2030. According to the company, these figures contextualize the commercial potential if ONP-002 is approved.