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Quoin Pharmaceuticals Ltd. (QNRX) reports news about a late clinical-stage specialty pharmaceutical company developing therapies for rare and orphan diseases. Updates center on QRX003 lotion for Netherton Syndrome and related rare skin disorders, including clinical-study progress and U.S. and European orphan, rare pediatric disease and fast track regulatory designations.
Company news also covers QRX009 topical rapamycin development programs, rare dermatologic and genetic disease research, quarterly financial results, private-placement financing and distribution or commercialization arrangements for potential international markets.
Quoin Pharmaceuticals Ltd. (NASDAQ: QNRX) has received FDA clearance to initiate clinical testing for its investigational product QRX003, aimed at treating Netherton Syndrome, a rare genetic condition with no current approved treatments. QRX003, a topical lotion that uses proprietary delivery technology, seeks to normalize skin shedding and improve skin barrier function. The company plans to begin clinical trials in the first half of 2022, marking a significant milestone for both Quoin and patients suffering from this serious condition.
Quoin Pharmaceuticals has submitted an Investigational New Drug (IND) application to the FDA for its investigational product QRX003, targeting Netherton Syndrome, a rare genetic disorder with no current treatment options. QRX003 is a topical lotion formulated to restore the skin barrier in affected patients. This IND submission represents a significant milestone for the company as it aims to initiate clinical testing in Q2 2022. Quoin's pipeline also includes additional products for rare diseases, highlighting its commitment to addressing unmet medical needs.
Quoin Pharmaceuticals Ltd. (NASDAQ: QNRX) has submitted a Scientific Advice Briefing Document to the European Medicines Agency (EMA) for QRX003, aimed at treating Netherton Syndrome, a rare genetic disease with no current cure. This submission is a critical first step towards advancing the treatment into clinical testing and potential commercialization in the EU. The company has integrated previous feedback received from the FDA into this submission, reflecting its commitment to addressing unmet medical needs in rare diseases.
Quoin Pharmaceuticals Ltd. (NASDAQ: QNRX) has expanded its partnership with ER-Kim to include six additional countries for the commercialization of QRX003, a treatment for Netherton Syndrome. This new agreement adds Turkey, Georgia, Azerbaijan, Greece, Cyprus, and Malta to the existing fifteen countries covered in the initial agreement. With this expansion, Quoin now has a total of 60 countries under distribution agreements for QRX003, which aims to be the first approved treatment for this rare genetic disorder lacking current therapies.
Quoin Pharmaceuticals Ltd. (NASDAQ: QNRX) has secured an exclusive agreement with Neopharm Medical Supplies to commercialize its investigational drug QRX003 in Israel. This marks the sixth distribution partnership for QRX003 since Quoin's NASDAQ debut in October 2021. The agreement aims to address Netherton Syndrome, a rare genetic disorder with no existing treatment. Quoin's CEO, Dr. Michael Myers, emphasized the importance of expanding the distribution network to ensure global access for patients once the product is approved.
Quoin Pharmaceuticals Ltd. (NASDAQ: QNRX) has secured an exclusive distribution agreement with ER-Kim to commercialize its investigational treatment QRX003 across 15 Central and Eastern European countries. This marks Quoin's fifth distribution partnership since its public debut in October 2021, expanding its access to Netherton Syndrome patients in crucial regions. With this agreement, Quoin now has partnerships in a total of 53 countries, reaffirming its commitment to providing treatment options for this rare genetic disease.
Quoin Pharmaceuticals Ltd. (NASDAQ: QNRX) announced a new exclusive Distribution Agreement with OrphanDC for QRX003, aimed at treating Netherton Syndrome, in Brazil, Argentina, and Colombia. This marks the fourth distribution partnership since going public in October 2021. Quoin will supply QRX003 to OrphanDC under a revenue-sharing model. The company has previously secured agreements for other regions, including the Middle East and North Africa, and continues discussions with additional distributors. Netherton Syndrome is a rare genetic disorder with no current cure.
Quoin Pharmaceuticals Ltd. (NASDAQ: QNRX) announced an exclusive Distribution Agreement with Orpharm LLC for the commercialization of QRX003 in Russia and CIS, intended for treating Netherton Syndrome. This agreement marks the third partnership for QRX003 in two months and reflects Quoin's commitment to increasing patient access. QRX003 is crucial as there are currently no approved treatments for this severe genetic disease. Quoin will supply the product to Orpharm upon regulatory approval.
Quoin Pharmaceuticals Ltd. (NASDAQ: QNRX) has signed an exclusive License and Distribution Agreement with Genpharm Services for its investigational treatment QRX003, intended for Netherton Syndrome. Genpharm will commercialize QRX003 in the Middle East and North Africa upon receiving regulatory approvals. This agreement marks Quoin's second licensing deal for QRX003 and includes a revenue-sharing arrangement. Quoin is committed to developing therapies for rare diseases, targeting significant unmet medical needs.
Quoin Pharmaceuticals Ltd. (NASDAQ: QNRX) has signed an exclusive License and Distribution Agreement with AFT Pharmaceuticals for QRX003, targeting Netherton Syndrome in Australia and New Zealand. Quoin will receive a 20% royalty on net sales post-regulatory approval. This marks QRX003's first licensing agreement, highlighting Quoin's strategy in rare diseases. AFT's commercial presence and focus on dermatology are expected to enhance product promotion. Currently, Netherton Syndrome has no approved treatments, emphasizing the potential impact of QRX003.