Acurx Pharma's Phase 2b Study Of Ibezapolstat In C. Difficile Infection On Track

RTTNews | 722 dias atrás
Acurx Pharma's Phase 2b Study Of Ibezapolstat In C. Difficile Infection On Track

(RTTNews) - Acurx Pharmaceuticals, Inc. (ACXP), while reporting financial results for the second quarter, on Monday, provided an update on its pipeline progress.

The company's lead antibiotic candidate is Ibezapolstat, which is under a Phase 2b clinical trial in the treatment of C. difficile infection (CDI). Enrollment in this study is underway, and the company anticipates completing enrollment of the 36 patients required for an interim review by an Independent Data Monitoring Committee (IDMC) in the coming months, with only 5 patients more to enrol.

The company also said it is continuing its R&D collaboration with Leiden University Medical Center (Holland) under a previously awarded grant from the Dutch Government of approximately $500,000 to further evaluate the mechanism-of-action of Acurx's inhibitors against the DNA pol IIIC enzyme, which is the bacterial target of its antibiotic pipeline for the systemic treatment (IV and oral) of gram-positive bacterial infections.

For the second quarter, the Company reported a net loss of $3.4 million or $0.28 per share, wider than $2.6 million or $0.26 per share in the prior-year quarter.

Marcadores : ACXP
read more
Yen Rises Amid BoJ Rate Hike Speculation

Yen Rises Amid BoJ Rate Hike Speculation

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday, as the Bank of Japan's (BoJ) meeting minutes suggest the possibility of interest rate increases, contingent upon the anticipated performance of the economy and price.
RTTNews | 11 minutos atrás
Sensex, Nifty End Modestly Lower After Trump's Tariff Threat

Sensex, Nifty End Modestly Lower After Trump's Tariff Threat

Indian shares ended Tuesday's session lower after U.S. President Donald Trump threatened to "substantially" raise tariffs on goods imported from India, accusing that the country profited from Russia's war in Ukraine by purchasing large quantities of Russian oil and reselling it on the global market.
RTTNews | 29 minutos atrás
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.
RTTNews | 2h 19min atrás
Indonesia GDP Growth Fastest In 2 Years

Indonesia GDP Growth Fastest In 2 Years

Indonesia's economic growth accelerated the most in two years in the second quarter driven by household spending and investment, official data showed Tuesday. Gross domestic product expanded 5.12 percent year-on-year in the second quarter, following an annual growth of 4.87 percent seen in the first quarter. The latest expansion was the fastest since the second quarter of 2023.
RTTNews | 3h 33min atrás