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Revive Therapeutics Announces Type C Meeting Request Granted by FDA for Clinical Study of Bucillamine to Treat Long COVID

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Revive Therapeutics announces FDA granting Type C meeting request for clinical study of Bucillamine to treat Long COVID. The meeting is scheduled for June 9, 2024. Bucillamine has shown potential in treating long COVID and has anti-inflammatory and antiviral properties. The Company aims to leverage previous research to advance clinical development.
Revive Therapeutics annuncia che la FDA ha concesso la richiesta di incontro di Tipo C per lo studio clinico di Bucillamina per il trattamento del Long COVID. L'incontro è previsto per il 9 giugno 2024. La Bucillamina ha mostrato potenzialità nel trattare il Long COVID e possiede proprietà antinfiammatorie e antivirali. L'azienda mira a sfruttare le ricerche precedenti per avanzare nello sviluppo clinico.
Revive Therapeutics anuncia que la FDA ha otorgado la solicitud de reunión Tipo C para el estudio clínico de Bucillamina para tratar el Long COVID. La reunión está programada para el 9 de junio de 2024. La Bucillamina ha demostrado potencial en el tratamiento del Long COVID y tiene propiedades antiinflamatorias y antivirales. La compañía pretende aprovechar investigaciones anteriores para avanzar en el desarrollo clínico.
리바이브 테라퓨틱스가 롱 코비드 치료를 위한 부실라민 임상 연구에 대한 FDA의 C형 회의 요청을 승인받았다고 발표했습니다. 이 회의는 2024년 6월 9일에 예정되어 있습니다. 부실라민은 롱 코비드 치료에 잠재력을 보였으며 항염증 및 항바이러스 특성을 가지고 있습니다. 이 회사는 이전 연구를 활용하여 임상 개발을 진전시키려고 합니다.
Revive Therapeutics annonce que la FDA a accordé une demande de réunion de type C pour l'étude clinique du Bucillamine pour traiter le Long COVID. La réunion est prévue pour le 9 juin 2024. Le Bucillamine a montré un potentiel dans le traitement du Long COVID et possède des propriétés anti-inflammatoires et antivirales. La société vise à tirer parti des recherches antérieures pour faire avancer le développement clinique.
Revive Therapeutics gibt bekannt, dass die FDA einen Typ-C-Treffenantrag für die klinische Studie von Bucillamin zur Behandlung von Long COVID genehmigt hat. Das Treffen ist für den 9. Juni 2024 angesetzt. Bucillamin hat Potenzial in der Behandlung von Long COVID gezeigt und besitzt entzündungshemmende sowie antivirale Eigenschaften. Das Unternehmen beabsichtigt, frühere Forschungen zu nutzen, um die klinische Entwicklung voranzutreiben.
Positive
  • The FDA granted Revive Therapeutics a Type C meeting request for a clinical study of Bucillamine to treat long COVID.
  • The meeting is set for June 9, 2024, to evaluate the potential of Bucillamine as a treatment option.
  • Bucillamine is an oral thiol-based drug known for its anti-inflammatory and antiviral properties.
  • Revive Therapeutics is focusing on developing therapeutics and diagnostics for infectious diseases, medical countermeasures, and rare disorders.
  • The Company is utilizing data from a previous Phase 3 clinical trial to finalize the regulatory and clinical package for the proposed study.
  • Preliminary data analysis suggests Bucillamine may have potential benefits for long COVID patients.
  • Studies have shown thiol-based drugs like Bucillamine can inhibit SARS-CoV-2 infection, providing a potential avenue for COVID-19 treatment.
Negative
  • None.

TORONTO, April 23, 2024 (GLOBE NEWSWIRE) -- Revive Therapeutics Ltd. (“Revive” or the “Company”) (OTCQB: RVVTF) (CSE: RVV) (FRANKFURT:31R), a specialty life sciences company focused on the research and development of therapeutics and diagnostics for infectious diseases, medical countermeasures, and rare disorders, announced today that the U.S. Food & Drug Administration (“FDA”) has granted the Company’s Type C meeting request for the evaluation of a proposed clinical study of Bucillamine, an oral thiol-based drug with anti-inflammatory and antiviral properties, as a potential treatment for long COVID. The meeting date assigned by the FDA is June 9, 2024.

The CDC estimates that 7.5 percent of U.S. adults have long COVID symptoms1. David Cutler, PhD, a professor of economics at Harvard University, estimates in a recent research disclosure that the total economic cost of long COVID could be as much as $3.7 trillion2.

Currently, the Company is exploring the use of Bucillamine as a potential treatment for long COVID. The Company is advancing the clinical development of Bucillamine by leveraging the published research and data from its previous Phase 3 clinical trial (the “Study”) and is finalizing the regulatory and clinical package that includes a proposed clinical study for long COVID to present to the FDA.

On July 6, 2023, the Company announced the results of its Study evaluating the safety and efficacy of oral Bucillamine in patients with mild to moderate COVID-19. Under the Study’s primary endpoint, the proportion of patients meeting a composite endpoint of hospitalization or death from time of first dose through Day 28 following randomization, there were no deaths and four hospitalizations, of which three were from the placebo arm and one from the Bucillamine low dose group (300mg/day). No hospitalizations occurred in the Bucillamine large dose group (600mg/day). The Company evaluated certain Study endpoints, including the COVID-19 clinical symptoms data (i.e. cough, fever, heart rate, and oxygen saturation). Based on preliminary analyses, the data demonstrated that for patients with oxygen saturation <96% at baseline, Bucillamine had a 29.1% improvement over placebo in time to normal oxygen saturation (SpO2). Additional analyses of the Study data may suggest Bucillamine’s potential for long COVID.

A study titled “Thiol-based drugs decrease binding of SARS-CoV-2 spike protein to its receptor and inhibit SARS-CoV-2 cell entry” showed that thiol-based drugs, like Bucillamine, decrease the binding of SARS-CoV-2 spike protein to its receptor, decrease the entry efficiency of SARS-CoV-2 spike pseudotyped virus, and inhibit SARS-CoV-2 live virus infection. These findings uncovered a vulnerability of SARS-CoV-2 to thiol-based drugs and provided a rationale to test thiol-based drugs such as Bucillamine as novel treatments for COVID-19.

About Revive Therapeutics Ltd.

Revive Therapeutics is a life sciences company focused on the research and development of therapeutics and diagnostics for infectious diseases, medical countermeasures, and rare disorders. Revive prioritizes its drug development efforts to take advantage of several regulatory incentives awarded by the FDA, such as Emergency Use Authorization, Orphan Drug, Fast Track, and Breakthrough Therapy designations. Currently, the Company is exploring the use of Bucillamine for the potential treatment of nerve agent exposure and long COVID. Revive is also advancing the development of Psilocybin-based therapeutics through various programs. For more information, visit www.ReviveThera.com.

For more information, please contact:

Michael Frank
Chief Executive Officer
Revive Therapeutics Ltd.
Tel: 1-888-901-0036
Email: mfrank@revivethera.com
Website: www.revivethera.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider has reviewed or accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement

This press release contains ‘forward-looking information’ within the meaning of applicable Canadian securities legislation. These statements relate to future events or future performance. The use of any of the words “may”, “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Revive’s current belief or assumptions as to the outcome and timing of such future events. Forward looking information in this press release includes information with respect to the Company’s cannabinoids, psychedelics and infectious diseases programs. Forward-looking information is based on reasonable assumptions that have been made by Revive at the date of the information and is subject to known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those anticipated in the forward-looking information. Given these risks, uncertainties and assumptions, you should not unduly rely on these forward-looking statements. The forward-looking information contained in this press release is made as of the date hereof, and Revive is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. The foregoing statements expressly qualify any forward-looking information contained herein. Reference is made to the risk factors disclosed under the heading “Risk Factors” in the Company's management's discussion and analysis for the three and six months ended December 31, 2023 ("MD&A"), dated February 25, 2024, which is available on the Company's profile at www.sedarplus.ca.

Sources:

  1. “Nearly One in Five American Adults Who Have Had COVID-19 Still Have “Long COVID,” CDC, June 6, 2022, https://www.cdc.gov/nchs/pressroom/nchs_press_releases/2022/20220622.htm
  2. “The Economic Cost of Long COVID: An Update,” David M. Cutler, Harvard University, July 22, 2022, https://scholar.harvard.edu/files/cutler/files/long_covid_update_7-22.pdf


FAQ

What is the purpose of the Type C meeting granted by the FDA to Revive Therapeutics regarding Bucillamine?

The meeting is to evaluate a proposed clinical study of Bucillamine as a potential treatment for long COVID.

When is the meeting with the FDA scheduled to take place?

The meeting is scheduled for June 9, 2024.

What are some properties of Bucillamine that make it a potential treatment for long COVID?

Bucillamine is known for its anti-inflammatory and antiviral properties.

What percentage of U.S. adults are estimated to have long COVID symptoms according to the CDC?

The CDC estimates that 7.5 percent of U.S. adults have long COVID symptoms.

What were the results of Revive Therapeutics' previous Phase 3 clinical trial evaluating Bucillamine for COVID-19 treatment?

The trial showed no deaths and hospitalizations, suggesting potential benefits of Bucillamine.

How did Bucillamine perform compared to a placebo in terms of improving oxygen saturation for COVID-19 patients?

Preliminary data showed a 29.1% improvement in time to normal oxygen saturation compared to placebo.

What do studies suggest about the potential of thiol-based drugs like Bucillamine in treating COVID-19?

Studies indicate that thiol-based drugs can inhibit SARS-CoV-2 infection, offering a novel treatment approach.

REVIVE THERAPEUTICS LTD

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