Vtv Therapeutics Stock Price, News & Analysis

vTv Therapeutics has initiated the first patient screening for its CATT1 pivotal trial, evaluating cadisegliatin as an adjunct treatment for type 1 diabetes (T1D). Cadisegliatin is a first-in-class oral liver-selective glucokinase activator, designed to regulate blood glucose levels by selectively activating liver glucose pathways. The FDA has granted it Breakthrough Therapy designation for T1D.

The trial will enroll approximately 150 patients across 20 U.S. sites. Cadisegliatin will be tested against a placebo in patients using insulin injections and continuous glucose monitors. The primary endpoint is to compare the incidence of Level 2 or Level 3 hypoglycemic events. Future Phase 2 trials for type 2 diabetes (T2D) are planned in the Middle East.

Cantex Pharmaceuticals announced that four abstracts featuring azeliragon, a RAGE inhibitor, will be presented at the 2024 ASCO Annual Meeting in Chicago. Azeliragon, a once-a-day pill, is being investigated for its potential in treating various difficult-to-treat cancers. The abstracts cover studies on azeliragon's safety and therapeutic effects in metastatic pancreatic cancer, its use in combination with temozolomide and radiotherapy for newly diagnosed glioblastoma, its role in reducing cardiotoxicity in women with early breast cancer, and its effectiveness when combined with stereotactic radiation therapy in patients with brain metastases. The meeting provides a platform for showcasing clinical progress to leading oncology researchers globally.

Cantex Pharmaceuticals announced that the FDA has granted Orphan Drug Designation to its drug azeliragon for treating pancreatic cancer. This designation follows a similar status received for treating glioblastoma in 2023. The designation offers benefits like seven years of marketing exclusivity, tax credits, and fee exemptions. Cantex is conducting a clinical trial to study azeliragon's efficacy on metastatic pancreatic cancer patients in top U.S. cancer centers. CEO Stephen G. Marcus emphasized the urgent need for new treatments for advanced pancreatic cancer and other cancers, enhancing their commitment to innovative therapies.

vTv Therapeutics Inc. reported its 2024 first-quarter financial results, showcasing significant milestones and corporate updates. The company's cash position grew to $52.3 million, thanks to a successful private placement, funding future Phase 3 studies for cadisegliatin. The submission of the Phase 3 trial protocol to the FDA marks a pivotal step towards developing adjunctive therapy for type 1 diabetes. Financially, R&D expenses decreased, while G&A expenses increased slightly. The company reported a net loss of $4.9 million for the quarter.