Welcome to our dedicated page for Quoin Pharmaceuticals news (Ticker: QNRX), a resource for investors and traders seeking the latest updates and insights on Quoin Pharmaceuticals stock.
Quoin Pharmaceuticals Ltd. (NASDAQ: QNRX) is a late clinical-stage specialty pharmaceutical company focused on rare and orphan diseases, with a primary emphasis on severe genetic skin disorders and related conditions. The QNRX news feed on Stock Titan aggregates company press releases and market-moving updates that shed light on the progress of its clinical pipeline, regulatory interactions and financing activities.
Investors following QNRX news can see detailed updates on the development of the company’s lead asset, QRX003, a topical lotion in late-stage pivotal trials for Netherton Syndrome. Quoin regularly reports clinical data from investigator-led pediatric studies and pivotal programs, describing changes in skin condition, pruritus, sleep disturbance and use of concomitant medications in Netherton Syndrome patients. News items also cover initial positive data in Peeling Skin Syndrome and the potential versatility of QRX003 across multiple rare skin diseases.
Regulatory and designation milestones are another key component of Quoin’s news flow. The company has announced Orphan Drug Designation from both the U.S. FDA and the European Medicines Agency for QRX003 in Netherton Syndrome, as well as Rare Pediatric Disease Designation in the United States. These updates provide context on potential market exclusivity and incentives that may affect the long-term outlook for the program.
Quoin’s news also highlights broader corporate developments, including private placement financings with healthcare-focused institutional investors, adoption of equity incentive plans, leadership changes such as the appointment of a new chief financial officer and shareholder meeting outcomes. In addition, the company issues regular communications about its NETHERTON NOW awareness campaign, releasing video episodes that feature patients, advocates and experts discussing the burden of Netherton Syndrome. For readers tracking QNRX, this news stream offers an ongoing view into clinical progress, regulatory events, capital formation and patient advocacy efforts related to Quoin’s rare disease focus.
Endo International plc (NASDAQ: ENDP) announced a collaboration with Quoin Pharmaceuticals Inc. (NASDAQ: QNRX) to develop and commercialize QRX003 for treating Netherton syndrome in Canada. This skin disorder, caused by a mutation in the SPINK5 gene, currently lacks effective treatment options. If approved, Paladin Labs, a subsidiary of Endo, will manage all commercial activities in Canada, aiming for a product launch in 2025. This partnership underscores Endo's focus on addressing unmet medical needs in rare diseases.
Quoin Pharmaceuticals Ltd. has initiated its first clinical site for the QRX003 study, aimed at treating Netherton Syndrome, a rare genetic disorder. The randomized, double-blind, vehicle-controlled study will test two doses of QRX003 over a twelve-week period. With FDA discussions in progress, various clinical endpoints will be evaluated. The company aims to improve skin barrier function and patient quality of life. Quoin has already formed partnerships in 60 countries for potential market access post-approval, enhancing its global reach.
Quoin Pharmaceuticals Ltd. (NASDAQ: QNRX) received a notification from Nasdaq on June 10, 2022, indicating non-compliance with the minimum bid price requirement of $1.00 per share, necessitating corrective action within 180 days. This notification does not currently affect its Nasdaq listing. The company is also addressing earlier non-compliance regarding stockholders’ equity, having submitted a plan to Nasdaq for resolution. While the company remains operationally unaffected, the prospect of delisting poses a significant risk to shareholders.
Quoin Pharmaceuticals has announced a significant agreement with Hong Kong WinHealth Pharma Group to license and distribute its lead product QRX003 for Netherton Syndrome in Greater China.
The agreement will expand access to rare disease treatments in Hong Kong, Macau, and Taiwan, contingent on regulatory approval, and brings Quoin's global partnerships for QRX003 to nearly 60 countries. With QRX003 potentially being the first treatment for this rare condition, clinical trials are expected to commence shortly.
Skinvisible, Inc. (OTCQB:SKVI) has announced that its licensee Quoin Pharmaceuticals (NASDAQ:QNRX) received FDA acceptance for an Investigational New Drug (IND) application for QRX003, a treatment for Netherton Syndrome. This marks the first IND approval using Skinvisible's proprietary Invisicare drug delivery technology. Successful clinical trials could lead to a milestone payment of $5 million and ongoing royalties for Skinvisible. The approval underscores the potential for expanding applications of their technology in treating rare skin disorders.
Quoin Pharmaceuticals has secured exclusive global rights to a product in development for scleroderma through a new agreement with Queensland University of Technology. This deal involves no upfront fees and allows Quoin to fund the pre-clinical program. The VCAM-1:VL-4 interaction targets immune response in scleroderma, a disease with no current cure. Additionally, Quoin received FDA clearance for its lead product, QRX003, targeting Netherton Syndrome, with clinical trials set to begin in Q2 2022. This positions Quoin to potentially deliver groundbreaking treatments for rare diseases.
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.
FAQ
What is the current stock price of Quoin Pharmaceuticals (QNRX)?
What is the market cap of Quoin Pharmaceuticals (QNRX)?
