Fennec (FENC) backs new University of Arizona study on PEDMARK use in cisplatin-treated patients
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Fennec Pharmaceuticals Inc. reported that the University of Arizona Cancer Center has initiated an investigator-sponsored study evaluating PEDMARK® (sodium thiosulfate injection) in adolescent, young adult, and adult patients with head and neck and testicular cancers receiving cisplatin.
The company explains that cisplatin-based chemotherapy is widely used but can cause permanent hearing loss in a significant share of patients, and PEDMARK is already approved to reduce ototoxicity risk in pediatric patients with localized, non-metastatic solid tumors. The new independent, institution-led study is intended to further build real-world evidence for PEDMARK in broader cancer populations beyond those in the pivotal pediatric trials.
Positive
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Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Cisplatin hearing loss incidence: 60–90% of patients
PEDMARK patient age range: ≥1 month old
Glomerular filtration rate threshold: 60 mL/min/1.73m2
+4 more
7 metrics
Cisplatin hearing loss incidence
60–90% of patients
Studies cited for cisplatin-induced ototoxicity rates
PEDMARK patient age range
≥1 month old
Indicated pediatric population with localized, non-metastatic solid tumors
Glomerular filtration rate threshold
60 mL/min/1.73m2
Level where closer monitoring for hypernatremia and hypokalemia is advised
PEDMARK U.S. approval date
September 2022
FDA approval for reducing cisplatin-associated ototoxicity
PEDMARQSI EU approval date
June 2023
European Commission approval for PEDMARQSI brand
PEDMARQSI U.K. approval date
October 2023
United Kingdom approval for PEDMARQSI
Annual cancers potentially platinum-treated
500,000 patients in U.S.
Estimated annual U.S. cancer diagnoses that could involve platinum chemotherapy
Key Terms
investigator-sponsored study, cisplatin-induced ototoxicity, National Comprehensive Cancer Network, Phase 3 clinical studies, +2 more
6 terms
investigator-sponsored study financial
"announced the initiation of an investigator-sponsored study by University of Arizona Cancer Center"
A study led and organized by an independent researcher or medical center rather than by a drug or device company, where the investigator designs the protocol, collects the data, and often arranges funding. For investors, these studies can produce impartial clinical evidence that may boost or weaken a product’s market prospects, act like a third-party check on company claims, and affect regulatory decisions and future sales potential.
cisplatin-induced ototoxicity medical
"Cisplatin-Induced Ototoxicity Cisplatin and other platinum-based chemotherapies are widely used"
Cisplatin-induced ototoxicity is hearing loss or ringing in the ears caused by the chemotherapy drug cisplatin damaging the inner ear. Investors should care because this side effect can limit how the drug is used, increase costs for monitoring, treatment or legal claims, and create demand for protective therapies or devices—similar to how a car model with a known safety issue can change sales, recalls, and aftermarket repair markets.
National Comprehensive Cancer Network medical
"recognized by the National Comprehensive Cancer Network with a 2A recommendation"
A coalition of major cancer centers and experts that develops widely used, evidence-based treatment guidelines for oncology care. Its recommendations act like a trusted rulebook or roadmap for doctors, insurers and hospitals, so updates can change which therapies get prescribed, reimbursed or adopted—making it an important influence on drug uptake, clinical trial value and healthcare company prospects.
Phase 3 clinical studies medical
"with an established dosing regimen, across two open-label, randomized Phase 3 clinical studies"
Large, late-stage medical studies that test whether a new drug or medical treatment is safe and effective in a broad group of patients; they are typically the final trials regulators review before deciding on approval. Think of them as a final dress rehearsal with many participants that determines if a product can be sold widely — positive results greatly increase the chance of regulatory approval, commercial sales, and value for investors, while negative results can sharply reduce expected returns.
Orphan Drug Exclusivity regulatory
"PEDMARK has received Orphan Drug Exclusivity in the U.S."
A regulatory right that gives a drugmaker sole approval to market a medicine for a specific rare disease for a set number of years, during which the regulator will not approve the same medicine from competitors for that same use. For investors, this is like a temporary exclusive sales permit that can protect revenue and justify higher valuation because it reduces near‑term competition and helps the company recover development costs and capture market share.
Pediatric Use Marketing Authorization regulatory
"PEDMARQSI has received Pediatric Use Marketing Authorization in Europe"
FAQ
What did Fennec Pharmaceuticals (FENC) announce regarding PEDMARK?
Fennec announced that the University of Arizona Cancer Center has started an investigator-sponsored study of PEDMARK in adolescent, young adult, and adult patients with head and neck and testicular cancers receiving cisplatin, aiming to generate additional real-world evidence on preventing chemotherapy-related hearing loss.
What is PEDMARK and who is it currently approved to treat?
PEDMARK is a sodium thiosulfate injection approved to reduce cisplatin-induced ototoxicity in pediatric patients one month and older with localized, non-metastatic solid tumors. It is supplied in single-dose, ready-to-use vials for intravenous use and is supported by two Phase 3 clinical studies.
How common is cisplatin-induced hearing loss mentioned by Fennec (FENC)?
Fennec cites studies showing that between 60–90% of patients treated with cisplatin may develop permanent hearing loss, depending on dose and treatment duration. Many affected patients require lifelong hearing aids or cochlear implants, and hearing loss can significantly reduce quality of survivorship.
Does PEDMARK have any guideline endorsements for adolescent and young adult patients?
Yes. PEDMARK is recognized by the National Comprehensive Cancer Network with a 2A recommendation for use in adolescent and young adult patients. This endorsement reflects available evidence supporting its role in reducing cisplatin-associated ototoxicity in this broader age group beyond young children.
What key safety considerations for PEDMARK does Fennec highlight?
Fennec notes contraindication in patients with severe hypersensitivity to sodium thiosulfate, and reports hypersensitivity, hypernatremia, and hypokalemia in clinical trials. They recommend monitoring electrolytes, considering antiemetics, and withholding PEDMARK in certain cases such as high baseline sodium or very young pediatric patients.
In which regions are PEDMARK or PEDMARQSI currently approved according to Fennec?
The company states PEDMARK received U.S. FDA approval in September 2022, while PEDMARQSI, its European brand, received European Commission approval in June 2023 and U.K. approval in October 2023. PEDMARQSI is commercially available in the U.K. and Germany under a licensing agreement with Norgine.