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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.
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