Financial News

Algernon Pharmaceuticals Launches Pancreatic Cancer Clinical Research Program with Ifenprodil

Products You May Like

VANCOUVER, British Columbia, June 03, 2021 (GLOBE NEWSWIRE) — Algernon Prescribed drugs Inc. (CSE: AGN) (FRANKFURT: AGW) (OTCQB: AGNPF) (the “Firm” or “Algernon”) declares it has initiated a brand new medical analysis program for pancreatic most cancers (PC) and NP-120 (Ifenprodil). Ifenprodil demonstrated a major anti-tumour impact in a PC animal mannequin which was reported in a paper revealed within the Dove Press Journal, Medical Pharmacology: Advances and Functions.

The analysis paper concluded that Ifenprodil considerably and quickly decreased the common stable tumour measurement by roughly 50% by day three and remained secure whereas on therapy in a murine mannequin of PC. The common tumour measurement within the untreated group doubled throughout the identical interval.

PC is an orphan illness and has a five-year survival fee of7.9%. Which means solely roughly 8 in 100 individuals could have survived for 5 years and past. The ten-year survival fee of the illness is 1%, that means solely roughly 1 in 100 individuals survive 10 years and past. PC has the bottom 5-year survival fee of any of the 22 widespread cancers.1

The Firm has determined to develop its medical investigation of Ifenprodil primarily based on the drug’s vital effectiveness in treating quite a few ailments together with cancers, persistent issues and psychological issues reminiscent of habit and PTSD, in sure pre-clinical and medical research. Algernon additionally not too long ago introduced that Ifenprodil, in its multi-national COVID-19 examine, considerably decreased interleukin 6 (IL-6) at day 5 within the 20mg therapy arm, in comparison with the usual of care group. IL-6 is a pro-inflammatory cytokine and its involvement in a number of illness indications has been nicely established, together with PC the place its over-expression is said to poor survival.

Ifenprodil’s historic 45-year security file, which was in step with the findings of the Firm’s 150 affected person multi-national COVID-19 examine, was additionally a contributing issue within the Firm’s choice to proceed.

The Firm has synthesized its personal provide of Ifenprodil cGMP grade lively pharmaceutical ingredient and has now begun the method of advancing to the completed product stage with new formulations deliberate.

Research Abstract:

Key findings from the examine had been as follows:

  • Cell strains PanC-1, HPAC-1 and BXCPC-3 in addition to tissue samples from a industrial array of insulinoma and adenocarcinoma with regular adjoining tissues confirmed GluN1 and GluN2B NMDA receptor subunit presence. Subunit presence on regular pancreatic tissues was not detected.
  • Therapy of cell strains for 48 hours with Ifenprodil decreased viability throughout all trials in a dose-dependent vogue.
  • Administration of two.5mg/kg Ifenprodil as soon as every day over 10 days decreased PanC-1 tumour xenograft measurement by nearly half with the discount persisting 4 days after therapy ceased (p<0.01) whereas having no obvious influence on animal well being.

Study Link

The Firm has already begun getting ready a pre-IND assembly request that shall be filed shortly with the U.S. FDA to assist decide subsequent steps to advance Ifenprodil into medical research for PC. Algernon additionally plans to file for an orphan illness designation and search Quick Monitor standing, in addition to a Breakthrough Remedy Designation.

“Ifenprodil’s anti-tumour impact on this examine could be very spectacular when you think about it doesn’t seem to have the intense uncomfortable side effects usually seen with different chemotherapy brokers,” stated Christopher J. Moreau, CEO of Algernon Prescribed drugs. “Our marketing strategy is to have upwards of three to 4 Part 2 trials underway in 2022 and we’re more than happy to be including Ifenprodil with a most cancers indication to our pipeline.”

International Pancreatic Most cancers Therapy Market

The worldwide pancreatic most cancers therapy market is anticipated to succeed in USD 4.2 billion in 2025, in accordance with a brand new report by Grand View Analysis, Inc. Rising tobacco consumption, smoking, weight problems, and rising consciousness pertaining to varied therapy choices accessible are propelling the market development at a world degree. The height incidence of pancreatic most cancers is seen within the age group of 65 to 75 years. This increasing geriatric inhabitants can also be anticipated to drive the expansion through the forecast interval.

About NP-120 (Ifenprodil)

NP-120 (Ifenprodil) is an N-methyl-D-aspartate (NMDA) receptor antagonist particularly concentrating on the NMDA-type subunit 2B (GluN2B). Ifenprodil prevents glutamate signalling. The NMDA receptor is discovered on many tissues together with lung cells, T-cells, and neutrophils and a few most cancers cells.

About Algernon Prescribed drugs Inc. 

Algernon is a drug re-purposing firm that investigates well-tolerated, already accepted medicine, together with naturally occurring compounds for brand spanking new illness purposes, shifting them effectively and safely into new human trials, creating new formulations and looking for new regulatory approvals in world markets. Algernon particularly investigates compounds which have by no means been accepted within the U.S. or Europe to keep away from off label prescription writing.



Christopher J. Moreau
Algernon Prescribed drugs Inc.
604.398.4175 ext 701

Neither the Canadian Securities Alternate nor its Market Regulator (as that time period is outlined within the insurance policies of the Canadian Securities Alternate) accepts duty for the adequacy or accuracy of this launch.

CAUTIONARY DISCLAIMER STATEMENT: No Securities Alternate has reviewed nor accepts duty for the adequacy or accuracy of the content material of this information launch. This information launch comprises forward-looking statements regarding product improvement, licensing, commercialization and regulatory compliance points and different statements that aren’t historic info. Ahead-looking statements are sometimes recognized by phrases reminiscent of “will”, “could”, “ought to”, “anticipate”, “expects” and comparable expressions. All statements aside from statements of historic reality, included on this launch are forward-looking statements that contain dangers and uncertainties. There could be no assurance that such statements will show to be correct and precise outcomes and future occasions may differ materially from these anticipated in such statements. Vital elements that would trigger precise outcomes to vary materially from the Firm’s expectations embrace the failure to fulfill the circumstances of the related securities trade(s) and different dangers detailed every now and then within the filings made by the Firm with securities rules. The reader is cautioned that assumptions used within the preparation of any forward-looking info could show to be incorrect. Occasions or circumstances could trigger precise outcomes to vary materially from these predicted, on account of quite a few identified and unknown dangers, uncertainties, and different elements, lots of that are past the management of the Firm. The reader is cautioned to not place undue reliance on any forward-looking info. Such info, though thought-about affordable by administration on the time of preparation, could show to be incorrect and precise outcomes could differ materially from these anticipated. Ahead-looking statements contained on this information launch are expressly certified by this cautionary assertion. The forward-looking statements contained on this information launch are made as of the date of this information launch and the Firm will replace or revise publicly any of the included forward-looking statements as expressly required by relevant legislation.

Primary Logo

Products You May Like