STOCK TITAN

Quoin gets FDA Fast Track for rare skin drug

Quoin Pharmaceuticals Ltd. (QNRX) announced that the U.S. FDA has granted Fast Track Designation to its investigational topical lotion QRX003 for the treatment of Peeling Skin Syndrome, a rare genetic skin disease with no approved treatment.

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Quoin Pharmaceuticals Ltd. (QNRX) announced that the U.S. FDA has granted Fast Track Designation to its investigational topical lotion QRX003 for the treatment of Peeling Skin Syndrome, a rare genetic skin disease with no approved treatment. This is the second Fast Track Designation for QRX003, following an earlier designation for Netherton Syndrome.

The company expects to initiate a Phase 2/3 study in Peeling Skin Syndrome in the second half of 2026, enrolling up to 12 pediatric and adult patients in the U.S. and Europe, with QRX003 applied twice daily over 48 weeks and an interim review at 24 weeks. Quoin is targeting potential approval of QRX003 for Peeling Skin Syndrome in 2028 and reports over 15 months of treatment in an investigator-led pediatric study with improved severity endpoints and no reported adverse events.

Positive

  • FDA Fast Track Designation for QRX003 in Peeling Skin Syndrome provides a formal pathway to more frequent FDA interactions, potential rolling review, and access to expedited programs, supporting development in a disease that currently has no approved treatment.
  • Quoin plans a Phase 2/3 trial in Peeling Skin Syndrome starting in the second half of 2026 and is targeting potential approval in 2028, giving a clearer development timeline for this lead rare-disease asset.
  • QRX003 already holds multiple regulatory incentives, including Orphan Drug, Rare Pediatric Disease, and Fast Track designations for Netherton Syndrome and additional Rare Pediatric Disease and Fast Track status for Peeling Skin Syndrome, which can support market exclusivity and potential priority review.

Negative

  • None.

Insights

Analyzing...

Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
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, or exhibit attachments filed with this report.
Fast Track Designation Granted for QRX003 in Peeling Skin Syndrome Announced on September 22, 2026 by Quoin Pharmaceuticals
Planned Phase 2/3 enrollment Up to 12 patients Pediatric and adult Peeling Skin Syndrome patients in the U.S. and Europe
Treatment duration 48 weeks Twice-daily QRX003 application with interim data review at 24 weeks
Body surface area treated Greater than 80% Planned Phase 2/3 Peeling Skin Syndrome study design
Target approval year 2028 Quoin’s target for QRX003 approval in Peeling Skin Syndrome
QRX003 lotion concentration 4% QRX003 lotion (4%) in Phase 2/3 trials for Netherton Syndrome
Ongoing pediatric treatment duration Over 15 months Investigator-led Peeling Skin Syndrome study with no reported adverse events
Fast Track Designation regulatory
"the U.S. Food and Drug Administration (FDA) has granted Fast Track Designation"
Fast track designation is a status the U.S. Food and Drug Administration grants to drugs intended to treat serious conditions and address an unmet medical need. It gives the developer more frequent communication with the FDA and can allow parts of the application to be reviewed on a rolling basis, and it may pave the way to priority review or accelerated approval. It can shorten development timelines, though it does not guarantee approval.
Orphan Drug regulatory
"QRX003 has been granted Orphan Drug, Rare Pediatric Disease, and Fast Track"
A drug designated for an orphan disease is a medicine developed to treat a rare condition that affects only a small number of people. Regulators often give these drugs special incentives—such as reduced costs, faster review, and temporary exclusive selling rights—to encourage development, which matters to investors because those incentives can make a small market financially viable and reduce competition, much like a temporary patent on a niche product.
Rare Pediatric Disease regulatory
"QRX003 has been granted Orphan Drug, Rare Pediatric Disease, and Fast Track"
A rare pediatric disease is a serious medical condition that primarily affects children and occurs so infrequently that only a small number of patients exist. Investors care because treatments for such conditions often get special regulatory incentives—think of government fast lanes and rewards for developers—making smaller markets potentially profitable due to pricing power, shorter development timelines, and reduced competition, much like a niche product that receives government-backed advantages.
Accelerated Approval regulatory
"potential qualification for Accelerated Approval and Priority Review, if relevant"
Accelerated approval is a process that allows new medical treatments to be approved more quickly than usual if they address serious or life-threatening conditions and show promising early results. For investors, it signals that a treatment may reach the market sooner, potentially boosting a company's prospects, but it also involves some uncertainty since full evidence of effectiveness is still being gathered.
Priority Review regulatory
"potential qualification for Accelerated Approval and Priority Review, if relevant"
Priority review is a regulatory fast-track that shortens the time an agency spends evaluating a drug, vaccine or medical device application so a decision comes sooner than normal. For investors, it matters because a faster review is like an express lane to market: it can speed revenue potential and reduce regulatory uncertainty, but it does not guarantee approval and still requires the product to meet safety and effectiveness standards.
Modified Ichthyosis Area Severity Index (M-IASI) medical
"improvements across key objective severity endpoints, including the Modified Ichthyosis"
A modified ichthyosis area severity index (m-IAST) is a clinical scoring tool used to quantify how extensive and severe ichthyosis (a group of chronic skin disorders characterized by dry, scaly skin) is across the body. Like a standardized checklist that rates redness, scaling, thickness and the proportion of body affected and combines those ratings into a single score, it gives researchers and regulators a consistent way to measure whether a treatment changes the skin condition. For investors, m-IAST scores matter because they are often used as objective endpoints in clinical trials and regulatory filings to demonstrate a drug’s effectiveness or lack of effect.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Quoin Pharmaceuticals (QNRX) announce regarding QRX003 and the FDA?

Quoin announced that the U.S. FDA granted Fast Track Designation to QRX003 for treating Peeling Skin Syndrome, a rare genetic skin disease with no approved therapy. This status is intended to facilitate development and expedite review for conditions with significant unmet medical need.

What is the planned clinical trial design for QRX003 in Peeling Skin Syndrome at QNRX?

Quoin expects to start a Phase 2/3 study in the second half of 2026, enrolling up to 12 pediatric and adult patients in the U.S. and Europe. QRX003 will be applied twice daily to more than 80% body surface area over 48 weeks, with an interim data review at 24 weeks.

When does Quoin Pharmaceuticals (QNRX) aim to obtain approval of QRX003 for Peeling Skin Syndrome?

Quoin states it is targeting approval in 2028 for QRX003 as a potential treatment for Peeling Skin Syndrome, subject to successful clinical trial results and regulatory review.

What prior regulatory milestones support QRX003 at Quoin Pharmaceuticals (QNRX)?

QRX003 has Orphan Drug, Rare Pediatric Disease, and Fast Track designations from the FDA for Netherton Syndrome, and Rare Pediatric Disease and Fast Track Designation for Peeling Skin Syndrome. It is being evaluated in Phase 2/3 whole-body trials for Netherton Syndrome.

What clinical evidence does Quoin (QNRX) report so far for QRX003 in Peeling Skin Syndrome?

An ongoing investigator-led pediatric study has shown improvements in severity endpoints such as M-IASI, IGA, pruritus, and CDLQI, with treatment continuing for over 15 months and no adverse events reported to date.

How does FDA Fast Track status potentially benefit Quoin Pharmaceuticals (QNRX)?

Fast Track status may allow more frequent FDA interactions, eligibility for rolling review of submissions, and potential qualification for Accelerated Approval and Priority Review if criteria are met, helping expedite development of QRX003 for serious unmet medical need.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
false 0001671502 0001671502 2026-09-22 2026-09-22 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): September 22, 2026

 

QUOIN PHARMACEUTICALS LTD.
(Translation of registrant’s name into English)

 

State of Israel   001-37846   92-2593104
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (I.R.S. Employer
Identification No.)

 

42127 Pleasant Forest Court

Ashburn, VA

  20148-7349
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (703) 980-4182

 

Not applicable
(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
American Depositary Shares, each representing Thirty-five (35) Ordinary Shares, no par value per share   QNRX   The Nasdaq Stock Market LLC
Ordinary Shares, no par value per share*       N/A

 

*Not for trading, but only in connection with the registration of the American Depositary Shares pursuant to requirements of the Securities and Exchange Commission.

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

 

Item 7.01. Regulation FD Disclosure.

 

On September 22, 2026, Quoin Pharmaceuticals Ltd. (the “Company” or “Quoin”) issued a press release announcing that the U.S. Food and Drug Administration (the “FDA”) has granted Fast Track Designation to QRX003, the Company’s investigational product candidate, for the treatment of Peeling Skin Syndrome. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K (the “Report”) and is incorporated by reference herein.

 

The information in this Item 7.01 and Exhibit 99.1 attached hereto is furnished and shall not be deemed to be “filed” with the Securities and Exchange Commission for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

 

Item 8.01. Other Events.

 

Announcement of FDA Granting Fast Track Designation to QRX003 for Treatment of Peeling Skin Syndrome

 

On September 22, 2026, the Company announced that the FDA has granted Fast Track Designation to the Company’s lead asset, QRX003, for the treatment of Peeling Skin Syndrome. The Company believes that the designation will allow it to work closely with the FDA to advance the first company-sponsored clinical study in this disease. This is the second Fast Track Designation granted to QRX003, following the previously grant of Fast Track Designation for the treatment of Netherton Syndrome.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

The following exhibits are filed or furnished, as applicable, with this Report:

 

Exhibit
Number
  Description
     
99.1   Press Release of the Company, dated September 22, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

Date: September 22, 2026 QUOIN PHARMACEUTICALS LTD.
   
  By: /s/ Michael Myers
  Name: Dr. Michael Myers
  Title: Chief Executive Officer

 

 

 

 

Exhibit 99.1

 

Quoin Pharmaceuticals Announces FDA Fast Track Designation for QRX003 for the Treatment of Peeling Skin Syndrome

 

First-Ever Fast Track Designation Granted for a Peeling Skin Syndrome Therapy

 

Second Fast Track Designation Granted to QRX003, in Addition to Netherton Syndrome

 

Fast Track Designation Facilitates Development and Expedites Regulatory Review of Therapies Addressing Serious Conditions with Significant Unmet Medical Need

 

Follows July 2026 FDA Clearance of the First-Ever IND Submitted for Peeling Skin Syndrome

 

Phase 2/3 Study Expected to Initiate in 2H 2026, Enrolling up to 12 Pediatric and Adult Patients in the U.S. and Europe

 

Peeling Skin Syndrome Currently Has No Approved Treatment

 

ASHBURN, Va., Sept. 22, 2026 (GLOBE NEWSWIRE) -- Quoin Pharmaceuticals Ltd. (NASDAQ: QNRX) (“Quoin” or the “Company”), a late clinical-stage specialty pharmaceutical company focused on rare and orphan diseases, today announced that the U.S. Food and Drug Administration (FDA) has granted Fast Track Designation to QRX003 for the treatment of Peeling Skin Syndrome (PSS). QRX003 is an investigational topical serine protease inhibitor lotion. Peeling Skin Syndrome is a rare genetic skin disease for which there is currently no approved treatment.

 

Key Facts

 

·Fast Track Designation applies to QRX003 for the treatment of Peeling Skin Syndrome.

 

·This is the first ever Fast Track Designation granted for a Peeling Skin Syndrome therapy.

 

·Peeling Skin Syndrome is the second indication for which QRX003 has received Fast Track Designation. The FDA granted Fast Track Designation to QRX003 lotion (4%) for the treatment of Netherton Syndrome on March 11, 2026.

 

·The designation follows FDA clearance in July 2026 of Quoin’s Investigational New Drug (IND) application for QRX003 in Peeling Skin Syndrome. Quoin submitted that IND on June 2, 2026, and it was the first IND ever submitted to the FDA for the disease.

 

·Quoin expects to initiate a Phase 2/3 clinical study of QRX003 in Peeling Skin Syndrome in the second half of 2026.

 

·The IND submission was supported by clinical observations from an ongoing investigator-led pediatric study in a single subject. Significant improvements in skin appearance along with positive changes in pruritus and a number of quality-of-life measures have been recorded. Treatment is ongoing and has continued for more than 15 months, with no adverse events reported.

 

·There is currently no approved treatment for Peeling Skin Syndrome.

 

“This is an important regulatory milestone for QRX003 and for a community that today has no approved treatment,” said Dr. Michael Myers, CEO and Co-Founder of Quoin Pharmaceuticals. “Quoin submitted the first IND ever filed with the FDA for Peeling Skin Syndrome, that IND was cleared in July, and QRX003 has now been granted Fast Track Designation for the disease. We expect to initiate our Phase 2/3 study in the second half of 2026, and we believe Fast Track status will allow us to work closely with the agency as we advance the first company-sponsored clinical study in this disease.”

 

 

 

 

Peeling Skin Syndrome Development Program

 

The planned Phase 2/3 study is expected to enroll up to 12 pediatric and adult patients with Peeling Skin Syndrome in the United States and Europe. In the study, QRX003 will be applied twice-daily to greater than 80% of patients’ body surface area (BSA) over a 48-week period, with an interim data review at 24 weeks. Quoin is targeting approval of QRX003 as a potential treatment for Peeling Skin Syndrome in 2028.

 

The IND submission was supported by clinical observations from an ongoing investigator-led pediatric study. The subject has achieved improvements across key objective severity endpoints, including the Modified Ichthyosis Area Severity Index (M-IASI), Investigator’s Global Assessment (IGA) as well as pruritus and a pediatric dermatology-specific quality-of-life measure (CDLQI). Treatment is ongoing, and after continued dosing with QRX003 for over 15 months, no adverse events have been reported.

 

About Fast Track Designation

 

The FDA’s Fast Track program is designed to facilitate the development and expedite the review of drugs that treat serious conditions and fill an unmet medical need. A therapy granted Fast Track Designation may benefit from more frequent interactions with the FDA, eligibility for rolling review of regulatory submissions, and potential qualification for Accelerated Approval and Priority Review, if relevant criteria are met.

 

About Peeling Skin Syndrome (PSS)

 

Generalized inflammatory peeling skin syndrome (PSS) is a rare autosomal recessive genodermatosis caused by loss-of-function disease-causing variants of the corneodesmosin gene (CDSN), resulting in excessive shedding of the superficial layers of the epidermis. Patients generally suffer from a variety of conditions including severe pain and chronic pruritus (itch). There is currently no approved treatment for PSS.

 

About QRX003

 

QRX003 is an investigational topical serine protease inhibitor lotion in late-stage development for Netherton Syndrome and other orphan skin diseases. QRX003 has been granted Orphan Drug, Rare Pediatric Disease, and Fast Track designations by the U.S. Food and Drug Administration, and Orphan Drug Designation in the European Union and Japan for Netherton Syndrome. QRX003 has also been granted Rare Pediatric Disease and Fast Track Designation by the FDA for Peeling Skin Syndrome. QRX003 lotion (4%) is currently being evaluated in Phase 2/3 whole-body clinical trials in patients with Netherton Syndrome. Quoin expects to initiate a Phase 2/3 clinical study of QRX003 in Peeling Skin Syndrome in the second half of 2026.

 

About Quoin Pharmaceuticals Ltd.

 

Quoin Pharmaceuticals Ltd. is a late clinical-stage specialty pharmaceutical company focused on developing and commercializing therapeutic products that treat rare and orphan diseases. We are committed to addressing unmet medical needs for patients, their families, communities, and care teams. Quoin’s innovative pipeline is focused on two key platform products, QRX003 and QRX009, that collectively have the potential to target a broad number of rare and orphan indications, including Netherton Syndrome, Peeling Skin Syndrome, Palmoplantar Keratoderma, Pachyonychia Congenita, Gorlin Syndrome and Tuberous Sclerosis Complex, Microcystic Lymphatic Malformations, Venous Malformations, Angiofibromas and others. For more information, visit: www.quoinpharma.com or LinkedIn for updates.

 

 

 

 

Forward-Looking Statements

 

The Company cautions that statements in this press release that are not descriptions of historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words referencing future events or circumstances, such as “expect,” “intend,” “hope,” “plan,” “potential,” “anticipate,” “look forward,” “believe,” “may,” and “will,” among others. This press release contains forward-looking statements. All statements that reflect the Company’s expectations, assumptions, projections, beliefs, or opinions about the future, other than statements of historical fact, are forward-looking statements, including, without limitation, statements relating to: Fast Track Designation facilitating development and expediting regulatory review of therapies addressing serious conditions with significant unmet medical need; plans to initiate a Phase 2/3 clinical study of QRX003 in Peeling Skin Syndrome in the second half of 2026; Fast Track status allowing Quoin to work closely with the FDA to advance the first company-sponsored clinical study in Peeling Skin Syndrome; the study expecting to enroll up to 12 pediatric and adult patients with Peeling Skin Syndrome in the United States and Europe; QRX003 expected to be applied twice-daily to greater than 80% of a patients’ body surface area over a 48-week period, with an interim data review at 24 weeks; targeting approval of QRX003 as a potential treatment for Peeling Skin Syndrome in 2028; therapies granted Fast Track Designation benefiting from more frequent interactions with the FDA, eligibility for rolling review of regulatory submissions, and potential qualification for Accelerated Approval and Priority Review, if relevant criteria are met; and Quoin’s products in development collectively having the potential to target a broad number of rare and orphan indications, including Netherton Syndrome, Peeling Skin Syndrome, Palmoplantar Keratoderma, Pachyonychia Congenita, Gorlin Syndrome, Tuberous Sclerosis Complex, Microcystic Lymphatic Malformations, Venous Malformations, Angiofibroma and others. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon the Company’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties including, but not limited to, the Company’s ability to pursue its regulatory strategy; the Company’s ability to obtain regulatory approvals for commercialization of product candidates or to comply with ongoing regulatory requirements; the Company’s ability to complete clinical trials on time and achieve desired results and benefits as expected; and other factors discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and in other filings the Company has made and may make with the SEC in the future. One should not place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. The Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as may be required by law.

 

For further information, contact:

 

Quoin Pharmaceuticals Ltd.
Michael Myers, Ph.D., CEO
mmyers@quoinpharma.com

 

Investor Relations
PCG Advisory
Jeff Ramson
jramson@pcgadvisory.com
(646) 863-6341

 

 

 

Filing Exhibits & Attachments

4 documents

Keep reading