Biotech, Pharma and Medical Technology Stock News : OTC stocks, TSX Stocks, NASDAQ and NYSE
Investorideas.com newswire, breaking biotechnology and pharma news
Thursday, September 26, 2024
Biotech Stock Pasithea Therapeutics Corp. (NASDAQ: KTTA) Soars on Positive Data from Phase 1 Clinical Trials
Tuesday, September 24, 2024
Seelos Therapeutics, Inc. (Nasdaq: SEEL) Soars on update for its SLS-002 (intranasal racemic ketamine) for PTSD
Wave Life Sciences Ltd. (Nasdaq: WVE) Gains on Clinical Trial News
Friday, September 20, 2024
Stocks to Watch Battling the Opioid Epidemic; Stocks Mentioned in this article: Greenlane Holdings, Inc. (NASDAQ: $GNLN), Safe Supply Streaming Co Ltd. (CSE: $SPLY.CN), Nutriband Inc. (NASDAQ: $NTRB), QuidelOrtho Corporation (Nasdaq: $QDEL), Emergent BioSolutions Inc. (NYSE: $EBS)
Stocks to Watch Battling the Opioid Epidemic; Stocks Mentioned in this article: Greenlane Holdings, Inc. (NASDAQ: $GNLN), Safe Supply Streaming Co Ltd. (CSE: $SPLY.CN), Nutriband Inc. (NASDAQ: $NTRB), QuidelOrtho Corporation (Nasdaq: $QDEL), Emergent BioSolutions Inc. (NYSE: $EBS)
September 20, 2024 - Investorideas.com, a go-to investing platform covering cannabis stocks releases an industry snapshot looking at the battle against dangerous drugs, including fentanyl, featuring Greenlane Holdings, Inc. (NASDAQ:GNLN), one of the premier global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products.
Stocks Mentioned in this article: Greenlane Holdings, Inc. (NASDAQ:GNLN), Safe Supply Streaming Co Ltd. (CSE: SPLY), Nutriband Inc. (NASDAQ:NTRB), QuidelOrtho Corporation (Nasdaq: QDEL), Emergent BioSolutions Inc. (NYSE: EBS)
According to Fact.MR ,“The global opioid overdose treatment market is expected to reach a value of US$ 1.54 billion in 2024, as revealed in a new industry analysis published by proficient researchers at Fact.MR, a market research and competitive intelligence provider. Revenue from the market is projected to increase at a CAGR of 7.2% through 2034.”
Cannabis company Greenlane Holdings, Inc. (NASDAQ:GNLN) has entered the battle against dangerous drugs, but not only against opioids. Greenlane announced this week its plans to launch an all-new line of fentanyl, xylazine and drink spike detection test strips under the Safety Strips, Inc. brand of drug test strips. Products will be available to order beginning September 25th via the Company's multiple online retail storefronts, (vapor.com, puffitup.com, and higherstandards.com/) as well as its wholesale portal (wholesale.greenlane.com). Shipments will commence October 1st.
In August, Greenlane announced that it had entered into a non-binding letter of intent to be the exclusive distributor in the US of Safety Strips drug detection test strips. Greenlane has been a trusted partner for some of the most successful and well-known cannabis and lifestyle brands, such as Higher Standards, Marley Natural and K.Haring, providing full sales coverage, marketing, warehousing and logistics services.
Paid news dissemination on behalf of GNLN
Read this article, featuring GNLN in full at https://www.investorideas.com/news/2024/cannabis/09201Battling-the-Opioid-Epidemic.asp
"We are delighted to be working with the Safety Strips' team who share our high standards for safety and quality, and our strong focus on improving people's lives and enhancing their safety," said Barbara Sher, Chief Executive Officer for Greenlane. "By combining our extensive sales, marketing, and distribution network with Safety Strips ISO 13485 validated product line of easy, fast, and accurate test strips to detect the presence of various drugs, we can do our part to help prevent accidental overdoses as well as protecting individuals from drug-induced date rape."
The Opioid Epidemic in the United States
According to SHADAC.ORG, "Over the past two decades, the United States has experienced a growing crisis of substance abuse and addiction that is illustrated most starkly by the rise in deaths from drug overdoses. Since 2000, the annual number of overdose deaths from any kind of drug in the U.S. has multiplied nearly six times over, rising from 17,500 to over 106,000 people in 2021. The vast majority of these deaths (about 80,000) involved some form of opioids, including heroin, prescription painkillers, and, most prevalently in recent years, synthetic opioids such as fentanyl. Fentanyl and related synthetic opioids alone accounted for roughly 71,000 drug overdose deaths in 2021, and are also involved in most methamphetamine, cocaine, and prescription opioid overdose deaths-the next most common substances associated with overdose deaths."
The Rising Incidence of Drink Spiking
In a January 2023 article posted on Alcohol.org, it was reported that "According to the Office on Women's Health, date-rape drugs like Rohypnol, GHB, and ketamine are used because they are not easily detected, and victims often do not remember being drugged or assaulted until many hours later. In 2016, there were over 320,000 incidents of rape and sexual assault, and these incidents are often underreported for both women and men. According to RAINN, 11.2 percent of college students experience rape or sexual assault through force, violence, or incapacitation, and in terms of drug-facilitated sexual assault, alcohol is the No. 1 substance for assailants, next to prescription drugs with tranquilizing effects and Rohypnol, ketamine, GHB, and ecstasy."
In response to the rising prevalence of drink spiking, the Californian Assembly passed AB 1013, July 1, 2024. The bill mandates that approximately 2400 establishments with a Type 48 license, which allows the sale of beer, wine, and distilled spirits, must display signage informing patrons that drug testing kits are available.The new law requires businesses to display signs reading, "Don't get roofied! Drink spiking drug test kits are available here. Ask a staff member for details." Establishments must offer these drug testing devices either for sale or free of charge.
Additionally, news came out this week from Safe Supply Streaming Co Ltd. (CSE: SPLY) noting it has made significant progress within its portfolio through Safety Strips Inc. ("Safety Strips"), as they introduce high-performing, reliable test strips designed to combat the rising dangers of fentanyl, xylazine, and drink spiking.
This strategic initiative is expected to create substantial value for Safe Supply shareholders, as the demand for safety and drug testing continues to grow across North America. The product launch will enter the market through the recently announced US Expansion Agreement with Greenlane Holdings, Inc. (NASDAQ:GNLN).
High Performing and Reliable Testing:
Safety Strips' product launch provides consumers with an affordable, easy-to-use solution for detecting fentanyl and xylazine - two substances contributing to the escalating opioid crisis. In response to new California legislation, Safety Strips' Drink Spike Test strips meet the requirements of California Assembly Bill No. 1013, passed in July 2024, which mandates that bars and clubs offer drug testing kits to their patrons. The law is aimed at reducing incidents of drink spiking, a growing safety concern in the hospitality industry.
Safety Strips' detection products will be available for order starting September 25, 2024, across Greenlane's online retail platforms, with shipments commencing on October 1, 2024.
This week Nutriband Inc. (NASDAQ:NTRB), announced a share repurchase program to buy back up to $1,000,000 of its common stock. As of September 16, 2024, the Company had 11,106,185 shares of common stock outstanding. The stock spiked over 24% on the news.
From the news: Progress continues on the development of AVERSA Fentanyl, with the Company maintaining its target of submitting an NDA to the FDA in Q1/Q2 2025.
Nutriband Inc. is primarily engaged in the development of a portfolio of transdermal pharmaceutical products. The lead product under development is an abuse deterrent fentanyl patch incorporating our AVERSA™ abuse deterrence technology. AVERSA™ technology can be incorporated into any transdermal patch to prevent the abuse, misuse, diversion, and accidental exposure of drugs with abuse potential.
Earlier this year, QuidelOrtho Corporation (Nasdaq: QDEL) reported it has added the ARK™ Fentanyl II Assay to its U.S. Vitros® XT 7600 and 5600 Integrated Systems as well as its Vitros® 4600 Chemistry System menu of assays as a MicroTip® Partnership Assay ("MPA"). This Fentanyl assay will help hospital and emergency room customers respond to the critical demand for enhanced opioid testing, allowing on-site fentanyl testing in less than 10 minutes to aid in immediate clinical decisions.
From the news: According to the Centers for Disease Control and Prevention ("CDC"), the number of fatalities resulting from fentanyl overdoses has tripled from 2016 to 2021, with an ongoing upward trend. The CDC highlights California, Florida, New York, Pennsylvania and Ohio as states with the highest mortality rates attributed to fentanyl.1 Consequently, several states have responded by implementing regulations requiring fentanyl testing to be included as a required component of drugs-of-abuse test panels.
"This assay transforms laboratory efficiency by integrating fentanyl testing with existing protocols to eliminate the need for external screening tests, and consolidates a lab’s drugs-of-abuse panel into a singular, streamlined system, reducing intervention time and ultimately helping to save lives," said Lily Li, Senior Director of Medical and Clinical Affairs at QuidelOrtho. "Our relentless commitment to diagnostics lies in empowering our customers with impactful assays, particularly those capable of delivering rapid drugs-of-abuse detection amidst the escalating opioid crisis."
From the news: Ninety percent of fentanyl is excreted as norfentanyl, which is a synthetic opioid and is not detected on standard drug screening. The ARK™ Fentanyl II Assay provides preliminary analytical test results by detecting this major metabolite, reducing the risk of false negatives. As part of QuidelOrtho’s Vitros systems’ menu of assays, the test offers clinical fentanyl testing for hospitals and emergency departments, providing an effective approach to preliminary urine drug testing.
From the news: Drug test results obtained in emergency departments play a crucial role in addressing unique hospital challenges. When patients test positive for opioids on a standard drug test, they’re usually directed to drug treatment programs. However, these standard tests fail to identify synthetic opioids, such as fentanyl. Without specifically testing for fentanyl, instances of fentanyl exposure might be disregarded, potentially leading to missed opportunities for life-saving interventions like administering naloxone, an opioid overdose reversal medication.
Although the pharmaceutical played a key role in opioid addiction, companies in the sector are building out solutions.
Emergent BioSolutions Inc. (NYSE: EBS) announced last month, the kicking off the second year of the Ready to Rescue initiative, which will include new college football tailgate stops, in-stadium activities, Greek Life events and student wellness clinics. As part of these expanded efforts, pro football legend and campaign spokesperson, Emmitt Smith, will continue to share his story to raise awareness of opioid risks and inspire students, parents, faculty and alumni to be prepared to save a life with NARCAN® Nasal Spray, which is available over-the-counter (OTC).
The Centers for Disease Control and Prevention (CDC) recently announced a reduction in drug overdose deaths for the first time since 2018.1 However, opioid poisonings continue to be the leading cause of accidental death in the United States,2 with the highest rate of opioid misuse and dependency among those 18 to 25.3 What’s more, research shows less than 15 percent of college students nationwide know how to administer naloxone,4 the active ingredient in NARCAN® Nasal Spray, which can reverse the effects of an opioid overdose, including those caused by fentanyl. Education on the dangers of fentanyl, the signs of an opioid poisoning and how to both access and administer NARCAN® Nasal Spray is vital to saving lives, particularly within college communities.
According to Yale Medicine, “Fentanyl isn’t new; it has been used in the U.S. since 1960 as an intravenous anesthetic. It is still prescribed today by doctors, often in the form of patches and lozenges, for treating severe and chronic pain from cancer and other illnesses and injuries.”
“But fentanyl has shifted from exclusively being produced by pharmaceutical companies to now also coming from drug cartels and other entities, says David Fiellin, MD, a Yale Medicine primary care physician who specializes in addiction medicine.”
With news that the DEA proposed rules last month to reclassify cannabis from a schedule I to a schedule III substance, the shift can now really focus on dangerous drugs Greenlane Holdings, Inc. (NASDAQ:GNLN) has the built-in marketing, warehousing and logistics services to bring Safety Strips testing for dangerous substances to the market.
More info in Greenlane Holdings visit here
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Disclaimer/Disclosure: This news article featuring GNLN is a paid for news release on Investorideas.com. Our site does not make recommendations for purchases or sale of stocks, services or products. This is not investment opinion: Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
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Thursday, September 19, 2024
Immunotherapy Clinical Trial News – Stocks to Watch; (Nasdaq: $AEMD), (NYSE: $BMY), (NYSE: $MRK), (Nasdaq: $IMRX), (NASDAQ: $IOVA), (NASDAQ: $KZIA)
Immunotherapy
Clinical Trial News – Stocks to Watch; (Nasdaq: $AEMD), (NYSE: $BMY), (NYSE: $MRK), (Nasdaq:
$IMRX), (NASDAQ: $IOVA), (NASDAQ: $KZIA)
September
19, 2024 - Investorideas.com, a
go-to investing platform, releases the second
of a two-part series looking at news and developments for the treatment of cancer
and solid tumors focusing on
immunotherapy, featuring Aethlon Medical,
Inc. (Nasdaq: AEMD), a
medical therapeutic company focused on developing products to treat cancer and
life-threatening viral infections. Aethlon’s Hemopurifier® is a clinical stage
immunotherapeutic device designed to combat cancer.
Stocks mentioned in
this article: Aethlon Medical,
Inc. (Nasdaq: AEMD), Bristol Myers Squibbs (NYSE: BMY),
Merck & Co. (NYSE:MRK), Immuneering
Corporation (Nasdaq: IMRX),
Iovance Biotherapeutics, Inc. (NASDAQ: IOVA) and
Kazia Therapeutics Limited (NASDAQ: KZIA),.
According
to News-Medical.net,
“Immunotherapy, which works by enabling the body's immune system to recognize
and destroy cancer cells improves long-term overall survival in patients with
advanced melanoma in results from large international studies reported at ESMO
2024. Researchers leading the longest
follow-up study to date suggest that immunotherapy offers the potential for
cure in patients who respond to this treatment. Further clinical trials
reported at ESMO 2024 show improved long-term survival with immunotherapy given
before and after surgery in women with early-stage, hard-to-treat breast cancer
(triple negative breast cancer) and in patients with muscle-invasive bladder
cancer.”
"The
main message from all of these studies is that immunotherapy continues to keep
its promise and hope of long-term survival for many patients with different types
of cancer," said Dr. Alessandra Curioni-Fontecedro, Professor of Oncology
at the University of Fribourg and Director of Oncology at the Hospital of
Fribourg, Switzerland, (not involved in the study). "At ESMO 2024 we are
seeing many studies in many different cancers showing that immunotherapy can
work for a long time."
According
to recent news from Aethlon Medical,
Inc.,
“At present, approximately only 30% of cancer patients who receive
pembrolizumab or nivolumab treatment for solid tumors will have lasting clinical
responses to these agents. Extracellular vesicles (EVs) produced by tumors have
been implicated in resistance to anti-PD-1 therapies as well as the spread of
cancers. The Aethlon Hemopurifier® has been designed to bind and remove these
EVs from the bloodstream, which may improve therapeutic response rates to
anti-PD-1 antibodies. In preclinical
studies, the Hemopurifier® has been shown to reduce the number of EVs in cancer
patient plasma samples.”
Paid News Dissemination of behalf
of AEMD
Read this article
featuring AEMD in full at https://www.investorideas.com/news/2024/biotech/09191Immunotherapy-Clinical-Trials.asp
Following
the news of cancer
trials activated in Australia earlier this week, Aethlon Medical,
Inc.
(Nasdaq: AEMD) today
announced that, on September 9, 2024, the Medanta Institutional Ethics Committee (MIEC) granted full ethics
approval for Aethlon's safety, feasibility and dose-finding clinical trial of
the Hemopurifier® in cancer patients with solid tumors who have stable or
progressive disease during anti-PD-1 monotherapy treatment, such as Merck & Co., Inc.'s (NYSE:MRK) Keytruda®
(pembrolizumab) or Bristol Myers
Squibb's (NYSE: BMY) Opdivo®
(nivolumab) (AEMD-2022-06 Hemopurifier® Study). The approval is valid for one
year, followed by annual reviews. This trial has previously been reviewed by
the Institutional Review Board at Medanta. Additionally, the company previously
received a No Objection Certificate (NOC) from DCGI (the Indian Regulatory
Authority) for the proposed oncology trial. The trial will be conducted by Dr.
Ashok K. Vaid and his staff at the Department of Medical Oncology and
Hematology at Medanta Medicity Hospital in Gurugram, India. The Hemopurifier®
treatments will be performed by Dr. Puneet Sodhi from the Department of
Nephrology, who has conducted more Hemopurifier® treatments than anyone else in
the world.
"The
approval from the MIEC, coming closely on the heels of our two ethics committee
approvals in Australia, to conduct this early feasibility study, is another
important step in our plan to evaluate use of the Hemopurifier as a treatment
option in multiple tumor types, where cancer associated exosomes may promote
immune suppression and metastasis,” stated Steven LaRosa, MD, Chief Medical
Officer of Aethlon Medical. “We are very pleased that the MIEC accepted our
study protocol and look forward to working, again, with Medanta Hospital with
the expectation of recruiting patients in the fourth calendar quarter of this
year. We believe that the planned safety, feasibility and dose finding trial,
taking place in both India and Australia, in solid tumors in patients failing
treatment with anti-PD-1 antibodies, will help inform future oncology efficacy
trials.”
The
primary endpoint of the approximately nine to 18-patient, safety, feasibility
and dose-finding trial is safety. The trial will monitor any adverse events and
clinically significant changes in lab tests of Hemopurifier treated patients
with solid tumors with stable or progressive disease at different treatment
intervals, after a two-month run in period of PD-1 antibody, Keytruda® or
Opdivo® monotherapy. Patients who do not respond to the PD-1 therapy will be
eligible to enter the Hemopurifier® period of the study where sequential
cohorts will receive 1, 2 or 3 Hemopurifier® treatments during a one-week
period. In addition to monitoring safety, the study is designed to examine the
number of Hemopurifier® treatments needed to decrease the concentration of EVs
and if these changes in EV concentrations improve the body’s own natural
ability to attack tumor cells. These exploratory central laboratory analyses
are expected to inform the design of a subsequent efficacy and safety,
Premarket Approval (PMA), study required by regulatory agencies.
Immuneering
Corporation (Nasdaq: IMRX), a
clinical-stage oncology company seeking to develop and commercialize
universal-RAS/RAF medicines for broad populations of cancer patients, recently announced positive
initial response data from the first five patients treated with
IMM-1-104 in combination with modified gemcitabine/nab-paclitaxel in first line
pancreatic cancer as part of its ongoing Phase 2a clinical trial.
Highlights:
-
In Phase 2a arm investigating IMM-1-104 in combination with modified
gemcitabine/nab-paclitaxel, complete or partial responses have been observed in
the first two patients (2/5) to date, for an initial response rate of 40% and
an initial disease control rate of 80%, with all five patients continuing on
treatment -
-
Initial data are at 240 mg QD (safety lead-in dose) of IMM-1-104; additional
patients have now been dosed at 320 mg QD in this arm; IMM-1-104 has been
well-tolerated to date in combination with gemcitabine/nab-paclitaxel -
-
Initial data are consistent with preclinical data presented at AACR, which
demonstrated that IMM-1-104 combined with chemotherapy induced deeper responses
than either agent alone -
-
Clear path forward expected for clinical development of IMM-1-104 in
combination with gemcitabine/nab-paclitaxel for pancreatic cancer, assuming
initial data is representative; FDA previously granted IMM-1-104 Fast Track
designation for the treatment of first- and second-line pancreatic ductal
adenocarcinoma -
-
Enrollment progressing in all Phase 2a arms with further data expected by year
end -
Continued from the
news:
“We are delighted to share today’s initial data on IMM-1-104 in combination
with modified gemcitabine/nab-paclitaxel. While the initial ORR of 40% and
Disease Control Rate of 80% are very encouraging – and both more than would be
expected for gemcitabine/nab-paclitaxel alone- we are still in the early stages
of this trial, with more scans for all five of these initial patients and for
additional patients planned to come. Nevertheless, it was encouraging to see a
complete response in the very first pancreatic cancer patient treated with
IMM-1-104 in this combination, with the patient now on treatment for over six
months,” said Ben Zeskind, Ph.D., Co-Founder and CEO of Immuneering. “Looking
at the bigger picture, our Phase 2a trial aims to evaluate the efficacy of
IMM-1-104 in multiple settings across various tumor types, to identify the
highest priority opportunities for future development. If the early trends with
IMM-1-104 in combination with modified gemcitabine/nab-paclitaxel continue, we
will have an exciting direction for potential future development of IMM-1-104,
which could greatly improve the prognosis for a drastically underserved patient
population.”
Earlier
this year, Iovance Biotherapeutics, Inc. (NASDAQ: IOVA), a
commercial biotechnology company focused on innovating, developing and
delivering novel polyclonal tumor infiltrating lymphocyte (TIL) therapies for patients
with cancer, announced updated
clinical data for lifileucel in combination with
pembrolizumab in frontline advanced melanoma, as well as translational data, from
the recent 2024 ASCO Annual Meeting held earlier this year in Chicago, IL and
online.
Clinical
Data in Frontline Advanced Melanoma (Cohort 1A in IOV-COM-202 Trial)
Positive
results from Cohort 1A in the IOV-COM-202 trial were published in an abstract1
and will be highlighted in an upcoming oral presentation at ASCO. Unprecedented
response rates, as well as deep and durable responses, were observed in
patients with frontline advanced melanoma who were naïve to immune checkpoint
inhibitor (ICI) therapy. These results strongly support the ongoing Phase 3
TILVANCE-301 clinical trial.
National
Cancer Institute reported ”In an event more than three
decades in the making, the Food and Drug Administration (FDA) has approved
lifileucel (Amtagvi), the first treatment for cancer that uses immune cells
called tumor-infiltrating lymphocytes, or TILs. Announced on February 16, the
agency’s decision also makes lifileucel the first cellular therapy to be
approved for a solid tumor, the skin cancer melanoma.”
Continued: “The
agency’s accelerated approval covers the use of lifileucel for people with
advanced melanoma that has gotten worse after treatment with certain
immunotherapy drugs or targeted therapies.
Continued: “As is
the case with CAR T-cell therapy, another type of cellular therapy, lifileucel
is made using a patient’s own T cells. And with both therapies, the cells are
collected at the hospital where the patient is being treated but are sent away
to be manufactured into the final treatment.”
Also
seeing the potential of immunotherapy, Kazia Therapeutics Limited (NASDAQ: KZIA), an
oncology-focused drug development company announced last week that an
agreement has been executed with QIMR Berghofer Medical Research Institute, one
of Australia's foremost cancer research centres, to obtain an exclusive license
to certain intellectual property rights in relation to combination therapies
consisting of PI3K inhibitor drugs, and one or more immunotherapy or PARP
inhibitor drugs (PI3K combination).
From the news: Under
the license agreement, Kazia receives an exclusive, worldwide, sub-licensable
and royalty-bearing licence to certain intellectual property for the
development of any drugs or product candidates within the PI3K inhibitor class
in combination with immunotherapy or PARP inhibitors. Paxalisib, Kazia's lead
product candidate, is a member of the PI3K inhibitor class.
Continued: The
exclusive license agreement follows a collaboration between Kazia and QIMR
Berghofer which began in December 2022 and has already led to the filing of
supportive patents which include the use of paxalisib as an immune modulator in
the treatment of diseases such as breast cancer.
The
idea of using a patient’s immune system to battle cancer makes sense and
dollars for the companies that are pioneering this approach. Let the clinical
trials begin!
Read
part one of the series of articles at Investorideas.com
https://www.investorideas.com/News/2024/biotech/09170Solid-Tumors-Market.asp
Research biotech and medical device/ tech
stocks at Investorideas.com
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Breaking Medical Technology News: Aethlon (NASDAQ: $AEMD) Receives Ethics Committee Approval for Hemopurifier® Cancer Trial in India
Breaking Medical Technology News: Aethlon (NASDAQ: $AEMD) Receives Ethics Committee Approval for
Hemopurifier® Cancer Trial in India
Aethlon Medical Granted Full Ethics Approval from the Medanta Institutional
Ethics Committee for a Safety, Feasibility, and Dose Finding Study of its
Hemopurifier® in Cancer Patients with Solid Tumors Not Responding to Anti-PD-1
Antibodies
SAN DIEGO, CA, September
19, 2024 - (Investorideas.com
Newswire) Aethlon Medical, Inc. (Nasdaq: AEMD), a medical therapeutic company focused on developing
products to treat cancer and life threatening infectious diseases, today
announced that, on September 9, 2024, the Medanta Institutional Ethics Committee (MIEC) granted full ethics
approval for Aethlon's safety, feasibility and dose-finding clinical trial of
the Hemopurifier® in cancer patients with solid tumors who have stable or
progressive disease during anti-PD-1 monotherapy treatment, such as Keytruda®
(pembrolizumab) or Opdivo® (nivolumab) (AEMD-2022-06 Hemopurifier Study).
The approval is
valid for one year, followed by annual reviews. This trial has previously been
reviewed by the Institutional Review Board at Medanta. Additionally, the
company previously received a No Objection Certificate (NOC) from DCGI (the
Indian Regulatory Authority) for the proposed oncology trial. The trial will be
conducted by Dr. Ashok K. Vaid and his staff at the Department of Medical
Oncology and Hematology at Medanta Medicity Hospital in Gurugram, India. The
Hemopurifier treatments will be performed by Dr. Puneet Sodhi from the
Department of Nephrology, who has conducted more Hemopurifier treatments than anyone
else in the world.
Paid News Dissemination of behalf of AEMD
Read this news featuring AEMD in full at https://www.investorideas.com/news/2024/09191AEMD-Ethics-Committee-Approval-for-Hemopurifier.asp
"The
approval from the MIEC, coming closely on the heels of our two ethics committee
approvals in Australia, to conduct this early feasibility study, is another
important step in our plan to evaluate use of the Hemopurifier as a treatment
option in multiple tumor types, where cancer associated exosomes may promote
immune suppression and metastasis,” stated Steven LaRosa, MD, Chief Medical
Officer of Aethlon Medical. “We are very pleased that the MIEC accepted our
study protocol and look forward to working, again, with Medanta Hospital with
the expectation of recruiting patients in the fourth calendar quarter of this
year. We believe that the planned safety, feasibility and dose finding trial,
taking place in both India and Australia, in solid tumors in patients failing
treatment with anti-PD-1 antibodies, will help inform future oncology efficacy
trails.”
At present, only
approximately 30% of cancer patients who receive pembrolizumab or nivolumab
treatment for solid tumors will have lasting clinical responses to these
agents. Extracellular vesicles (EVs) produced by tumors have been implicated in
resistance to anti-PD-1 therapies as well as the spread of cancers. The Aethlon
Hemopurifier has been designed to bind and remove these EVs from the
bloodstream, which may improve therapeutic response rates to anti-PD-1
antibodies. In preclinical studies,
the Hemopurifier has been shown to reduce the number of EVs in cancer patient
plasma samples.
The primary
endpoint of the approximately nine to 18-patient, safety, feasibility and
dose-finding trial is safety. The trial will monitor any adverse events and
clinically significant changes in lab tests of Hemopurifier treated patients
with solid tumors with stable or progressive disease at different treatment
intervals, after a two-month run in period of PD-1 antibody, Keytruda® or
Opdivo® monotherapy. Patients who do not respond to the PD-1 therapy will be
eligible to enter the Hemopurifier period of the study where sequential cohorts
will receive 1, 2 or 3 Hemopurifier treatments during a one-week period. In
addition to monitoring safety, the study is designed to examine the number of
Hemopurifier treatments needed to decrease the concentration of EVs and if
these changes in EV concentrations improve the body’s own natural ability to
attack tumor cells. These exploratory central laboratory analyses are expected
to inform the design of a subsequent efficacy and safety, Premarket Approval
(PMA), study required by regulatory agencies.
About Aethlon and the Hemopurifier®
Aethlon Medical
is a medical therapeutic company focused on developing the Hemopurifier, a
clinical stage immunotherapeutic device which is designed to combat cancer and
life-threatening viral infections and for use in organ transplantation. In
human studies, the Hemopurifier has demonstrated the removal of
life-threatening viruses and in pre-clinical studies, the Hemopurifier has
demonstrated the removal of harmful exosomes from biological fluids, utilizing
its proprietary lectin-based technology. This action has potential applications
in cancer, where exosomes may promote immune suppression and metastasis, and in
life-threatening infectious diseases. The Hemopurifier is a U.S. Food and Drug
Administration (FDA) designated Breakthrough Device indicated for the treatment
of individuals with advanced or metastatic cancer who are either unresponsive
to or intolerant of standard of care therapy, and with cancer types in which
exosomes have been shown to participate in the development or severity of the
disease. The Hemopurifier also holds an FDA Breakthrough Device designation and
an open Investigational Device Exemption (IDE) application related to the
treatment of life-threatening viruses that are not addressed with approved
therapies.
Additional
information can be found at www.AethlonMedical.com.
Forward Looking Statements
This press release contains forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934 that involve risks and
uncertainties. Statements containing words such as "may,"
"believe," "anticipate," "expect,"
"intend," "plan," "project," "will,"
"projections," "estimate," "potentially" or
similar expressions constitute forward-looking statements. Such forward-looking
statements are subject to significant risks and uncertainties and actual
results may differ materially from the results anticipated in the
forward-looking statements. These forward-looking statements are based upon
Aethlon's current expectations and involve assumptions that may never
materialize or may prove to be incorrect. Factors that may contribute to such
differences include, without limitation, the Company's ability to successfully
complete development of the Hemopurifier and to successfully demonstrate the
utility of the Hemopurifier in patients with solid tumors in our planned
oncology clinical trials; the Company’s ability to recruit patients for and
manage its clinical trials and studies; the results of the safety, feasibility
and dose finding study; unforeseen changes in regulatory requirements; and
other potential risks. The foregoing list of risks and uncertainties is
illustrative but is not exhaustive. Additional factors that could cause results
to differ materially from those anticipated in forward-looking statements can
be found under the caption "Risk Factors" in the Company's Annual
Report on Form 10-K for the year ended March 31, 2024, and in the Company's
other filings with the Securities and Exchange Commission, including its
quarterly Reports on Form 10-Q. All forward-looking statements contained in
this press release speak only as of the date on which they were made. Except as
may be required by law, the Company does not intend, nor does it undertake any
duty, to update this information to reflect future events or circumstances.
Company Contact:
Jim Frakes
Chief Financial Officer
Aethlon Medical, Inc.
Jfrakes@aethlonmedical.com
Investor Contact:
Susan Noonan
S.A. Noonan Communications, LLC
susan@sanoonan.com
Aethlon Medical Inc. (Nasdaq:AEMD) is a featured
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