📉 Nikkei is down nearly 5% -> here are 43 recession-proof Japanese stocks from our screenerUnlock Now

Recce Pharmaceuticals awarded Australian patent for lead anti-infectives

Published 04/08/2023, 09:13 am
Updated 04/08/2023, 09:30 am
© Reuters Recce Pharmaceuticals awarded Australian patent for lead anti-infectives

Recce Pharmaceuticals Ltd (ASX:RCE, OTC:RECEF) has secured an Australian patent for two of its anti-infective drug candidates — the first in its Patent Family 4 cohort.

The Australian patent claims relate to RECCE® 327 (R327) and RECCE® 529 (R529), specifically:

  • how Recce prepares its anti-infectives;
  • using R327 and R529 to treat diseases and bacterial and viral infections, further validating their use in studies covering burn wounds, urinary tract infections, gonorrhoea, influenza and SARSCoV2; and
  • administering the anti-infectives via oral, inhalation or transdermal delivery methods, as well as via injection or through an aerosol, gel, topical foam or ointment.
Recce CEO James Graham said: “We are thrilled to see this new family of intellectual property be granted in Australia; with further market-monopolies reinforcing opportunities among a significant range of bacterial and viral pathogens.”

Myriad bacteria and viral pathogens are covered in Recce’s Patent Family 4; a promising sign of R327 and R529’s extensive treatment opportunities.

R327 data validated

Thursday’s patent news comes just days after Recce verified some positive Phase 1 data from an R327 intravenous study.

Recently, the company conducted a randomised, placebo-controlled, first-in-human trial to evaluate how R327 performed as an intravenous infusion formulation in 80 healthy male subjects.

Since then, independent examiners have looked over data from the 80-person trial, finding all participants achieved the primary study end-points and met international regulatory data standards, indicating R327 is safe and well tolerated.

Overall, R327 was found to be well tolerated with a good safety profile across all dose groups from 50 milligrams to 6,000 milligrams when administrated intravenously over one-hour infusion.

Recce has since completed a Phase I/II UTI clinical trial ahead of schedule, evaluating R327 at faster intravenous infusion rates.

Graham explained: “R327 via two faster infusion rates of 2,500mg across male and female subjects continues to be shown as safe and well tolerated.

“Completing dosing well ahead of schedule is a welcomed confirmation that we are on track to achieving study objectives."

Read more on Proactive Investors AU

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.