Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Pharma & Biotech

Algernon Pharmaceuticals files orphan drug request with US FDA for Ifenprodil as treatment for idiopathic pulmonary fibrosis (IPF)

The company said it has decided to focus on the continued investigation of Ifenprodil for IPF with cough after hitting its key co-primary endpoint in its Phase 2a study of IPF with chronic cough

Algernon Pharmaceuticals Inc. (CSE:AGN, OTCQB:AGNPF) said it has filed a request for Orphan Designation with the US Food and Drug Administration (FDA) for the use of Ifenprodil as a treatment for idiopathic pulmonary fibrosis (IPF).

"The outlook for patients with IPF remains dismal, with 50% mortality expected within 3-4 years, and so new treatments are desperately needed," Christopher J. Moreau CEO of Algernon said in a statement. "Algernon will continue working to accelerate the development of Ifenprodil as a potential new therapy for IPF with cough."

The company said it has decided to focus on the continued investigation of Ifenprodil for IPF with cough after hitting its key co-primary endpoint in its Phase 2a study of IPF with chronic cough.

READ: Algernon Pharmaceuticals granted approval for Phase 1 human DMT study for treatment of stroke in the Netherlands

In the trial, patients receiving Ifenprodil experienced no worsening of their lung function, and significant improvements in the frequency of their IPF-associated cough. In addition, improvements in patient-reported measures of cough severity and quality of life were observed. The drug was also confirmed to be safe and well tolerated in the study, Algernon Pharmaceuticals said.

IPF is a chronic lung condition characterized by a progressive and irreversible decline in lung function and scarring of the lungs. There is no cure for IPF and there are currently no procedures or medications that can remove the scarring from the lungs. At least 70%-85% of patients with IPF are affected by a dry non-productive cough, which can often get worse on exertion.

Ifenprodil is an N-methyl-D-aspartate (NMDA) receptor antagonist specifically targeting the NMDA-type subunit 2B (GluN2B). Ifenprodil prevents glutamate signalling. The NMDA receptor is found on many tissues including lung cells, T-cells, and neutrophils. Ifenprodil represents a novel first-in-class treatment for both IPF and chronic cough.

Orphan designation qualifies sponsors for incentives including tax credits for qualified clinical trials, exemption from user fees, and a potential seven years of market exclusivity after approval. The designation is available only for rare diseases, defined by the FDA as those which affect fewer than 200,000 patients in the United States, which the company's research indicates that IPF may qualify.

Supporting the development and evaluation of new treatments for rare diseases through orphan designation is a priority for the FDA and other jurisdictions that have similar orphan programs.

Algernon is a Canadian clinical stage drug development company investigating multiple drugs with global unmet medical needs.

Contact the author at jon.hopkins@proactiveinvestors.com

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK