Welcome to our dedicated page for Oramed Pharmaceuticals news (Ticker: ORMP), a resource for investors and traders seeking the latest updates and insights on Oramed Pharmaceuticals stock.
Oramed Pharmaceuticals Inc. (ORMP) generates news at the intersection of clinical-stage drug development, oral delivery technology, and strategic healthcare investments. The company describes itself as a platform technology pioneer in oral delivery solutions for drugs currently delivered via injection, centered on its Protein Oral Delivery (POD™) technology and a refined oral insulin program.
News about Oramed often covers clinical and strategic milestones for its oral insulin and POD™ platform, including updates on trial design, analysis of Phase 2 and Phase 3 data, and plans for U.S.-based clinical studies. Company letters to shareholders and press releases provide context on how Oramed is advancing its oral insulin program independently and how it evaluates high-responder subgroups in its clinical data.
Another major source of headlines is Oramed’s investment and partnership activity across the biomedical and medical technology landscape. Releases have detailed structured financings and royalty arrangements with Scilex Holding Company, a substantial equity investment and strategic collaboration with Alpha Tau Medical Ltd., and positions in companies such as BioXcel Therapeutics Inc. and Pelthos Therapeutics Inc. These updates often discuss repayments, warrant structures, royalty interests, and unrealized gains.
Recent news also highlights transformative corporate transactions, such as the announced transfer of Oramed’s POD™ technology to Lifeward Ltd. in exchange for a significant beneficial ownership interest and participation in a revenue-generating medical robotics business. Additional items include stock repurchase programs, cash dividend declarations, and the adoption of a Rights Agreement involving common stock purchase rights.
Investors and followers of ORMP news can use this page to review Oramed’s press releases, shareholder letters, and transaction announcements in one place, tracking developments in its oral drug delivery platform, strategic investments, and corporate actions over time.
Oramed Pharmaceuticals (Nasdaq: ORMP) announced that CEO Nadav Kidron will participate in a webinar on April 26, 2021, focusing on biotech and specialty pharma. During the session, he will discuss Oramed's oral insulin drug, currently in Phase 3 trials, and the oral COVID-19 vaccine candidate from Oravax Medical, in which Oramed holds a 63% stake. Pre-clinical results indicate the vaccine may perform well against COVID-19 variants. The company is poised to begin clinical trials for the vaccine this quarter.
Oramed Pharmaceuticals (Nasdaq: ORMP) has screened the first patients in its ORA-D-013-2 study, part of two concurrent Phase 3 trials for its oral insulin capsule, ORMD-0801, aimed at treating type 2 diabetes. The study targets 450 patients on diet or diet plus metformin and is expected to generate efficacy data after a 6-month treatment. Oramed aims to evaluate this oral insulin in varying patient populations to potentially secure FDA approval, marking a significant milestone as it is the only company conducting two Phase 3 oral insulin studies simultaneously.
Oramed Pharmaceuticals Inc. (Nasdaq: ORMP) announced the screening of the first patients in its ORA-D-013-2 study, the second Phase 3 trial for its oral insulin capsule, ORMD-0801, targeting type 2 diabetes. This study, alongside ongoing ORA-D-013-1, will recruit a total of 1,125 patients under FDA protocols. The primary endpoint is to compare ORMD-0801's efficacy against a placebo in improving glycemic control. Successful outcomes could position ORMD-0801 as the first commercial oral insulin capsule, highlighting Oramed's innovative approach in diabetes treatment.
Oramed Pharmaceuticals has formed a joint venture, Oravax Medical Inc., to develop novel oral COVID-19 vaccines using its proprietary POD™ technology. The vaccine candidate targets three structural proteins, potentially enhancing protection against variants. A preclinical study showed effective immunity through IgG and IgA response with a single oral dose. Clinical trials are anticipated to begin in Q2 2021. The oral delivery method aims to simplify distribution, allowing for self-administration and potentially addressing barriers to widespread inoculation.
Oramed Pharmaceuticals has reached a milestone in its Phase 3 ORA-D-013-1 study of oral insulin capsule ORMD-0801 for type 2 diabetes, with 25% of the 675 patients randomized. This study, pivotal for assessing ORMD-0801's efficacy and safety, will compare its effects against a placebo over a 6 to 12-month period. The company aims to complete patient randomization by the end of 2021, expecting topline results in the following year. This trial represents a significant step towards the potential commercialization of the first oral insulin treatment.
Oramed Pharmaceuticals Inc. (Nasdaq: ORMP) announced that CEO Nadav Kidron will present a company overview at the H.C. Wainwright Global Life Sciences Conference, taking place virtually on March 9-10, 2021. The presentation will be available on demand starting March 9 at 7:00 AM ET. Oramed is known for its innovative oral drug delivery systems, particularly its candidate ORMD-0801, aimed at revolutionizing diabetes treatment as a potential oral insulin capsule. The company, founded in 2006, is also developing an oral GLP-1 analog capsule, ORMD-0901.
Oramed Pharmaceuticals has provided a shareholder update highlighting its pivotal Phase 3 oral insulin trial (ORMD-0801) for type 2 diabetes, which is now enrolling patients across multiple U.S. sites. The company has initiated a Phase 2 study for nonalcoholic steatohepatitis (NASH) and plans to begin studies for oral GLP-1 and leptin later in 2021. With a strong financial position, Oramed is in discussions with potential partners to advance its innovative oral delivery technology for diabetes treatment.
Oramed Pharmaceuticals Inc. (Nasdaq: ORMP) has commenced the randomization of patients for its Phase 3 study of the oral insulin capsule, ORMD-0801, aimed at treating type 2 diabetes. The trial, ORA-D-013-1, is recruiting 675 patients across 75 clinical sites in the U.S. to compare ORMD-0801's efficacy against placebo in improving glycemic control. CEO Nadav Kidron emphasized the significance of this FDA-approved study as a global first for oral insulin. Results will be analyzed after the six-month treatment period, focusing on changes in A1c and fasting plasma glucose levels.
Oramed Pharmaceuticals (Nasdaq: ORMP) announced that CEO Nadav Kidron will present at the virtual H.C. Wainwright BioConnect 2021 Conference from January 11-14, 2021. The presentation will be available on demand starting January 11. Oramed is focused on oral drug delivery systems and aims to revolutionize diabetes treatment with its lead candidate, ORMD-0801, potentially the first commercial oral insulin capsule. Established in 2006, Oramed has completed multiple Phase II clinical trials of ORMD-0801 under FDA regulations.
Oramed Pharmaceuticals Inc. (Nasdaq: ORMP) announced positive results from a proof-of-concept study of its oral leptin drug candidate for type 1 diabetes, approved by Israel's Ministry of Health. In this study, ten patients participated, with those receiving the drug showing reduced glucose levels compared to the placebo group. These findings pave the way for a larger double-blind study involving 30 patients. The company aims to tackle rising diabetes rates with its oral leptin treatment, which aligns with the expanding obesity market, projected to reach $15.6 billion by 2024.
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