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Novel Chinese medicine for constipation developed by HKBU authorised by U.S. FDA for clinical trial

Hong Kong Baptist University

HONG KONG SAR - Media OutReach - 25 July 2023 - The Centre for Chinese Herbal Medicine Drug Development (CDD) of Hong Kong Baptist University (HKBU) has made significant progress in developing novel Chinese medicine for treating chronic constipation. With its success in the Investigational New Drug Application to the U.S. Food and Drug Administration (FDA), CDD has been authorised to conduct a phase I clinical trial of the new drug. This is the first time that a new botanical drug developed in Hong Kong was authorised to conduct a clinical trial in the US. The clinical trial will be launched later this year to evaluate the safety, tolerability, and pharmacokinetics profile of the new drug on healthy individuals. Research based on traditional Chinese herbal formulation Chronic constipation is a common gastrointestinal disorder affecting approximately 14% of the global population. Currently, many patients with chronic constipation are not completely satisfied with their current treatments due to side effects and/or limited efficacy. In response to the patients' needs for better therapeutics, CDD has been eyeing the international market and has developed a new drug called CDD-2101, which is based on previous pilot clinical studies and basic research on the traditional Chinese herbal formulation "MaZiRenWan". The main ingredients of CDD-2101 include hemp seed, rhubarb, officinal magnolia bark, bitter apricot seed, bran stir-fried immature orange fruit, and white peony root. The HKBU research team collaborated with partners including the University of Chicago and the University of Macau to submit an Investigational New Drug Application for CDD-2101 according to the requirements for botanical drug development of the U.S. FDA and was authorised to conduct a phase I clinical trial. Milestone of standardisation and internationalisation of Chinese medicine Professor Alexander Wai, President and Vice-Chancellor of HKBU, said: "HKBU is committed to promoting the development of Chinese medicine, and conducting cutting-edge scientific and translational research in this area. The University received funding from the Innovation and Technology Commission's InnoHK initiative to establish the CDD in 2020, which significantly boosted our comprehensive capabilities in the research and development of Chinese medicine. The clinical trial in the US will provide us with invaluable experience in conducting clinical trials at Hong Kong's first Chinese Medicine Hospital in future." Professor Bian Zhaoxiang, Associate Vice-President (Chinese Medicine Development), Director of the Clinical Division of the School of Chinese Medicine, and Director of the CDD at HKBU, said: "CDD-2101 is a novel drug developed by combining a traditional Chinese herbal formulation and advanced technologies, with research and manufacturing conducted in compliance with international standards. Obtaining U.S. FDA's authorisation to conduct a clinical trial for this new drug is an important milestone in the development of Chinese medicine in Hong Kong, and it reflects HKBU's capabilities in and dedication to promoting the standardisation and internationalisation of Chinese medicine." Authorisation from the U.S. FDA was secured in April this year to conduct a phase I clinical trial of CDD-2101 in the US. The trial will start later this year and will recruit 20 healthy participants in the US. It will be a randomised, double-blinded, and placebo-controlled study to evaluate the safety, tolerability, and pharmacokinetics profile of the drug. Participants will take a single dose of CDD-2101 or a placebo and be monitored for 24 hours. The study will be conducted at a phase I clinical research centre in the US. Phase I trial focuses on safety The phase I clinical trial is expected to be completed in 2024, followed by a phase II study to collect the safety and efficacy data from patients with chronic constipation. A large-scale phase III study will then be launched to further evaluate the treatment efficacy of CDD-2101 in patients with chronic constipation, and monitor any unforeseeable side effects. Professor Bian said: "The ultimate goal of the drug development programme is to collect sufficient safety and efficacy data, so that CDD-2101 can be evaluated and approved by the U.S. FDA as a new pharmaceutical for sale and marketing in the US. This is essential in establishing CDD-2101 as an internationally recognised, safe and effective drug for the treatment of chronic constipation. It is anticipated that another three to five years are needed to complete the phase II and III clinical trials, after which the data gathered during the animal studies and human clinical trials, together with details of the manufacturing of the drug, will be included in a New Drug Application to be submitted to the U.S. FDA for review." The CDD, funded by the Innovation and Technology Commission's InnoHK initiative, is the first integrated Chinese medicine research and development centre at a local university. Located in the Hong Kong Science and Technology Parks and equipped with advanced facilities, the CDD aims to gather world-class partners to translate the wisdom of traditional Chinese medicine wisdom into pharmaceutical products that meet international standards. Since its establishment in 2020, the CDD has been focusing on innovative Chinese medicine research for gastrointestinal and immune-related diseases such as chronic constipation and ulcerative colitis. Contact Details Wong Suk-ling +852 3411 2119 hkbunews@hkbu.edu.hk

July 25, 2023 09:00 AM Eastern Daylight Time

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Immunic Inc eyeing "big step" for multiple sclerosis patients

Immunic Inc

Immunic Inc (NASDAQ:IMUX) president and CEO Dr Daniel Vitt joined Thomas Warner from Proactive ahead of World Brain Day to provide an update on the biotechnology company's novel multiple sclerosis (MS) treatment. Dr Vitt gives an overview of the treatment that Immunic is currently working on, and emphasisedsthe significance of addressing the high unmet medical need for MS patients worldwide. Immunic's focus is on developing a new therapeutic option, using vidofludimus calcium, to treat both relapsing and progressive forms of MS. He says that the drug is the first known modulator of the "so-called Nurr1 target", making it a potential neuroprotective treatment. Immunic is conducting a phase two clinical study into its treatment for progressive MS, with biomarker data expected in the second half of the year. Dr Vitt says registration studies for relapsing MS are progressing well, with an interim analysis anticipated next year. He adds that the MS market holds significant potential due to demand for treatments that strike a good balance between being both effective and tolerable, and says that "if we could confirm in the phase three study that the drug really prevents disability worsening that would be a big step for patients." Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

July 25, 2023 08:00 AM Eastern Daylight Time

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hVIVO signs second bespoke human challenge model contract in as many months

hVIVO PLC

hVIVO PLC (AIM:HVO) chief executive Mo Khan speaks to Thomas Warner from Proactive after announcing that the specialist contract research organisation has begun work on a new Flu B human challenge model as part of a new deal with an existing "large pharma" client company. Khan lays out the timeline for the rest of the work on the contract, suggesting that the "whole manufacturing process" should be complete by the end of Q3, at which point a characterisation study will begin. He adds that if the characterisation study is successful then he hopes the "full blown" human challenge trial can begin in the new year. Khan goes on to describe the potential impact of the model as "quite significant", highlighting some additional funding from the client to help expedite the process. He concludes by saying that hVIVO "is here to build new challenge models to be able to test new drugs and bring new vaccines to the market... overall we are very happy that we're adding a new human challenge model [and] very happy that we're continuing to help our current clients in bringing vaccines to market faster." Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

July 25, 2023 07:38 AM Eastern Daylight Time

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Faron Pharmaceuticals hoping for first filing of BLA in H1 2025

Faron Pharmaceuticals Oy

Faron Pharmaceuticals Limited (AIM:FARN, OTC:FPHAF) Chief Medical Officer Marie-Louise Fjällskog speaks to Thomas Warner from Proactive after releasing an update on progress with the clinical stage biopharmaceutical company's phase I/II BEXMAB study. Fjällskog gives an overview of the update, highlighting several "very nice objective responses" to Bexmarilimab treatment and saying that the data "just confirms that we have some very exciting things going on with our combination." One patient has now stayed on the treatment for 13 months, the company noted in its update. Looking further down the line, Faron said that it expects to file the first Biologics License Application (BLA) to US Food and Drug Administration (FDA) planned by the first half of 2025. Fjällskog also mentions that the company is currently active in recruiting more patients for its study and is opening more sites in the US and potentially in Europe to aid with the effort. Bexmarilimab, a novel anti-Clever-1 humanised antibody, is Faron's investigative precision immunotherapy with the potential to provide permanent immune stimulation for difficult-to-treat cancers through targeting myeloid function. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

July 25, 2023 06:56 AM Eastern Daylight Time

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Shield Therapeutics "really starting to fire on all cylinders"

Shield Therapeutics PLC

Shield Therapeutics PLC (AIM:STX, OTCQX:SHIEF) CEO Greg Madison speaks to Thomas Warner from Proactive after the commercial-stage specialty pharmaceutical company released a business update containing plenty of new information about its performance during the second quarter. Madison gives an overview of the update, highlighting strong US sales growth for its Accrufer/Feraccru iron deficiency treatment as a result of the commercial expansion with Viatris that was completed in May, which brought the combined sales team to 100 people. He stresses that the team is "really starting to fire on all cylinders" but "hasn't really hit full stride yet...I think there's more that we can do and we're constantly looking at how we tweak the business and what adjustments we can make to further that growth - but [we're] off to a really nice start." He also mentions a new marketing campaign and the addition of Andy Hurley as Chief Commercial Officer, who he describes as a "veteran on the commercial side... I couldn't be more pleased with his performance." Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

July 25, 2023 06:45 AM Eastern Daylight Time

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Avricore Health platform HealthTab making health information more accessible to everyone

Avricore Health

Avricore Health CEO Hector Bremner joined Steve Darling from Proactive to share news about the company's innovative pharmacy services. Avricore Health is focused on acquiring and developing early-stage technologies with the goal of advancing pharmacy practices. Their flagship offering, HealthTab, aims to make actionable health information more accessible to everyone by establishing the world's largest network of rapid testing devices in community pharmacies. Bremner provided further details about the HealthTab platform and its rollout across Canada. He discussed the significant opportunities for growth in expanding the availability of HealthTab in pharmacies nationwide. Avricore Health has formed valuable partnerships with major industry players, including Shoppers Drug Mart, Loblaws, Abbott, and Ascensia, to further enhance the accessibility and reach of their services. The company's mission is to revolutionize the way health information is accessed and utilized by individuals. Through their innovative technologies and strategic partnerships, Avricore Health is driving the advancement of pharmacy services and facilitating greater engagement in personal health management. By leveraging the power of community pharmacies and rapid testing devices, Avricore Health aims to empower individuals to take a more proactive role in monitoring their health. Their vision of creating a widespread network of accessible and actionable health information holds tremendous potential to improve overall health outcomes and revolutionize the pharmacy industry. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

July 24, 2023 01:27 PM Eastern Daylight Time

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Revolutionizing wound care: Spectral MD's breakthrough imaging technology

Spectral MD Holdings Ltd

Spectral MD Holdings general council Vince Capone joined Steve Darling from Proactive to share news about the company's deep view wound imaging technology. Spectral MD is a Dallas-based company that has been developing digital wound assessment tools for analyzing and diagnosing wound healing. Their proprietary AI platform utilizes multispectral imaging, with billions of clinically validated data points, to provide rapid and accurate wound size measurement and documentation. Currently, their focus is on burn indications for acute care and diabetic foot ulcers for chronic wound care. Capone explained that their technology uses breakthrough multispectral imaging, covering a range of lights from UV to visible to near-infrared, allowing for comprehensive wound assessment and documentation. The technology not only enables diagnostic tests but also helps determine if a wound is ready for advanced wound care treatment. He also discussed Spectral MD's recent merger with Rosecliff, which will facilitate their migration from the AIM market to the NASDAQ, opening up opportunities for capital and expansion. Overall, Spectral MD's innovative wound imaging technology and its potential for growth in the wound care industry were highlighted, with the NASDAQ listing seen as a significant step toward further success. Contact Details Proactive Investors +1 347-449-0879 na-editorial@proactiveinvestors.com

July 24, 2023 12:58 PM Eastern Daylight Time

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Doceree bolsters strategy building efforts with latest appointment as company seeks all-round global growth

Doceree Inc

Doceree, a leading global platform building solutions for healthcare professionals (HCPs) through programmatic messaging with proprietary data tools, today announced appointment of Kate Miller as Executive Vice President- Strategy in its bid to give the company a strategic uplift across functions and markets, and strengthen its presence in the pharma messaging space, globally. Kate will be responsible for driving key company and functional level strategies to ensure long term growth for Doceree. The appointment comes at a time when the company is aiming to launch some critical industry-first products and features on both supply and demand side that will have immense potential to change the face of current programmatic messaging landscape. An accomplished digital transformation leader with 25 years of experience in shaping digital marketing and digital innovation strategies and solutions for the life sciences industry, with the goal of enabling quantifiable business impact and meaningful customer value, Kate is passionate about translating innovative solutions and concepts into commercially viable strategies with demonstrated impact and repeatable learnings. “Doceree has expanded in terms of both markets and products to suit the unique needs of category stakeholders across various markets. At this stage of growth, we require sharp business and brand-focused strategies that could catapult our brand value in the industry,” said Harshit Jain MD, Founder & Global CEO, Doceree. “We are excited to onboard Kate at a time when she can with her expertise and experience direct us to embrace meaningful changes that can positively impact our business and growth. We look forward to seeing her implement industry-focused learnings to strategic initiatives here and shape Doceree’s future growth trajectory.” Prior to joining Doceree, Kate served as Chief Strategy Officer at Evolution Road, a leading digital marketing and innovation strategic consultancy. She also held roles as Practice Leader and Vice President of Innovation Commercialization. Earlier in her career, Kate worked for Cadient Group (now Cognizant) and Harte-Hanks Interactive, providing digital strategic planning services to pharmaceutical clients. “When I decided it was time to transition from Evolution Road after 15 fantastic years, I wanted to focus my exploration on maturing start-ups in the industry. My professional passion is helping organizations meet strategic objectives that unlock long-term growth,” said Kate Miller. “I was very impressed with Doceree's tremendous growth over the past 3 years, and with the vision, energy and passion that Harshit and his leadership team have for building new solutions to meet the needs of healthcare providers. I am excited to work with, learn from and solve new challenges with this awesome and dynamic team.” About Doceree Doceree is a global platform building unprecedented solutions for HCP programmatic messaging with proprietary data tools. It facilitates messaging between life sciences brands and HCPs through an extensive global network of digital endemic and point-of-care platforms to programmatically deliver personalized communications to physicians and transparent marketing campaign metrics at scale. To learn more, please visit https://doceree.com/ Contact Details Priyanka Bhasin +91 78387 03702 priyanka.bhasin@doceree.com Company Website https://doceree.com/us/

July 24, 2023 07:33 AM Eastern Daylight Time

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Avricore Health announces company will add blood glucose meters to HealthTab Platform

Avricore Health

Avricore Health CEO Hector Bremner joined Steve Darling from Proactive to share news about the company's collaboration with Ascensia Diabetes Care, a global diabetes care company and a subsidiary of PHC Holdings Corporation. Avricore Health has entered into an agreement with Ascensia Diabetes Care to integrate their blood glucose monitoring systems, known as CONTOUR®NEXT GEN and CONTOUR®NEXT ONE, with Avricore's pharmacy-based point-of-care testing platform, HealthTab. Bremner explained that this collaboration aims to provide better support to pharmacists in Canada to help them manage diabetes more effectively. By linking the daily blood glucose testing results and pattern history data collected via the CONTOUR®NEXT GEN or CONTOUR®NEXT ONE meter that the patient uses to the patient's HealthTab account, pharmacists will have access to valuable data insights for better patient care. The partnership also includes discussions on collaborative communications to ensure patients and pharmacists can take full advantage of the data insights offered by both technologies. The goal is to enhance patient engagement and improve diabetes management through the seamless integration of the blood glucose monitoring systems and HealthTab. Contact Details Proactive Studio +1 347-449-0879 na-editorial@proactiveinvestors.com

July 20, 2023 12:26 PM Eastern Daylight Time

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