{"id":451892,"date":"2021-03-05T11:34:31","date_gmt":"2021-03-05T16:34:31","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=451892"},"modified":"2021-03-05T11:34:31","modified_gmt":"2021-03-05T16:34:31","slug":"recruitment-and-enrollment-underway-at-eight-sites-for-innovation-pharmas-phase-2-clinical-trial-of-brilacidin-for-covid-19","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/recruitment-and-enrollment-underway-at-eight-sites-for-innovation-pharmas-phase-2-clinical-trial-of-brilacidin-for-covid-19\/","title":{"rendered":"Recruitment and Enrollment Underway at Eight Sites for Innovation Pharma\u2019s Phase 2 Clinical Trial of Brilacidin for COVID-19"},"content":{"rendered":"<div class=\"mw_release\">\n<p>WAKEFIELD, Mass., March  05, 2021  (GLOBE NEWSWIRE) &#8212; Innovation Pharmaceuticals (OTCQB:IPIX) (\u201cthe Company\u201d), a clinical stage biopharmaceutical company, today reports that eight sites are now participating in the Company\u2019s international Phase 2 clinical trial assessing Brilacidin as a novel therapeutic in hospitalized patients with COVID-19.<\/p>\n<p>The trial is now posted on clinicaltrials.gov (<a href=\"https:\/\/clinicaltrials.gov\/ct2\/show\/NCT04784897\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/clinicaltrials.gov\/ct2\/show\/NCT04784897<\/a>), which shows seven sites as recruiting and enrolling patients. An eighth site is also now enrolling in addition, and the Company has informed\u00a0clinicaltrials.gov\u00a0of the change in status. Fifteen patients have already been dosed in the trial. More sites are coming online, which is expected to further accelerate enrollment and treatment.\u00a0<\/p>\n<p>The trial doesn\u2019t exclude any variants of SARS-CoV-2, the virus responsible for COVID-19. Virulent coronavirus strains have scoured different countries around the world recently, including highly contagious versions, such as P1 and B.1.1.7. Brazil this week reported that COVID -19 daily deaths reached a new high due to <a href=\"https:\/\/www.france24.com\/en\/americas\/20210304-sao-paulo-locks-down-as-brazil-s-daily-covid-19-deaths-reach-new-high\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">P1<\/a>. According to Russian news agency <a href=\"https:\/\/tass.com\/society\/1245145\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Tass<\/a>, nearly 1,500 coronavirus mutations have been discovered in Russia, a country where seven sites are currently enrolling patients in the Company\u2019s COVID-19 clinical trial. The Company is interested to see what information, if any, might be gleaned from the trial regarding variants considering laboratory studies have indicated Brilacidin to have strong pan-coronavirus treatment potential, remaining unaffected by viral mutations.<\/p>\n<p>\u201cWe are pleased to see patient recruitment and enrollment in our Brilacidin for COVID-19 clinical trial ramping up,\u201d said Leo Ehrlich, Chief Executive Officer at Innovation Pharmaceuticals. \u201cCOVID-19 is making a resurgence worldwide, with cases up 9 percent last week in Europe and cases no longer decreasing in the United States. Emerging variants are likely partially to blame for this rise. With its unique three-in-one therapeutic profile\u2014antiviral, anti-inflammatory and antibacterial\u2014we believe Brilacidin can play an important role in treating COVID-19. A broad-spectrum therapeutic that can be shown to inhibit coronaviruses would be a valuable countermeasure in fighting coronavirus disease and other viral outbreaks, now and in the future.\u201d<\/p>\n<p>\n        <strong>Brilacidin COVID-19 Clinical Trial<\/strong>\n      <\/p>\n<p>The Phase 2 clinical trial is a randomized, double-blind, placebo-controlled, international, multi-center study with planned enrollment of ~120 subjects with moderate-to-severe COVID-19. Two treatment arms are enrolling patients\u2014active and placebo, with ~60 patients per arm. The trial\u2019s primary endpoint is time to sustained recovery through Day 29, using a clinical status ordinal scale based on that used in the series of National Institute of Allergy and Infectious Diseases (NIAID) Adaptive COVID-19 Treatment Trials (ACTTs). Additional endpoints include: in-hospital outcomes, all-cause mortality, measurement of disease biomarkers and inflammation-related biomarkers, changes to SARS-CoV-2 viral load, and other key measures.<\/p>\n<p>\n        <strong>Brilacidin and COVID-19 <\/strong><br \/>\n        <br \/>Brilacidin, which has received FDA Fast Track designation for the potential treatment of COVID-19, is one of the few drugs targeting COVID-19 that has been tested in human trials (a total of 8) for other clinical indications, providing established safety and efficacy data on over 460 subjects, thereby potentially enabling it to rapidly help address the novel coronavirus crisis. Pre-clinical testing at independent laboratories supports Brilacidin\u2019s antiviral ability to safely and potently inhibit SARS-CoV-2, and multiple strains of human coronaviruses (H-CoVs). In a human lung cell line against SARS-CoV-2, Brilacidin achieved a Selectivity Index of 426. A molecular screening study of 11,552 compounds also supports Brilacidin as a promising novel coronavirus treatment. Brilacidin antiviral research to date has been limited to laboratory-based experiments. Additional pre-clinical and clinical data support Brilacidin\u2019s inhibition of IL-6, IL-1\u03b2, TNF-\u03b1 and other pro-inflammatory cytokines and chemokines, which have been identified as central drivers in the worsening prognoses of hospitalized COVID-19 patients. Brilacidin\u2019s robust antimicrobial properties might also help to fight secondary bacterial infections, which can co-present in up to 20 percent of COVID-19 patients. Collectively, these data support Brilacidin as a unique 3-in-1 combination\u2014antiviral, immuno\/anti-inflammatory, and antimicrobial\u2014COVID-19 therapeutic candidate, with pan-coronavirus treatment potential. The Company has initiated a randomized, placebo-controlled Phase 2 clinical trial of Brilacidin for treatment of COVID-19 in moderate-to-severe hospitalized patients. A peer-reviewed article in <em>Viruses<\/em> supporting Brilacidin\u2019s COVID-19 treatment potential can be accessed at the link below.<\/p>\n<ul type=\"disc\">\n<li style=\"margin-bottom:8pt\">Bakovic, A.; Risner, K.; Bhalla, N. (et al). Brilacidin Demonstrates Inhibition of SARS-CoV-2 in Cell Culture. <em>Viruses<\/em><strong>2021<\/strong>, <em>13<\/em>, 271; https:\/\/doi.org\/10.3390\/v13020271<br \/><a href=\"https:\/\/www.mdpi.com\/1999-4915\/13\/2\/271\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.mdpi.com\/1999-4915\/13\/2\/271<\/a><\/li>\n<\/ul>\n<p>\n        <strong>Global COVID-19 Cases and Mortality <\/strong><br \/>\n        <br \/>An online tool tracking COVID-19 cases and mortality, both in the U.S. and globally, can be found on the Company\u2019s website (<a href=\"http:\/\/www.ipharminc.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/www.ipharminc.com<\/a>), and at the following link:<br \/>https:\/\/ipixcovid19tracker.com\/<\/p>\n<p>\n        <strong>Alerts\u00a0<\/strong><br \/>\n        <br \/>Sign-up for Innovation Pharmaceuticals email alerts is available at:\u00a0<br \/><a href=\"http:\/\/www.ipharminc.com\/email-alerts\/\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/www.ipharminc.com\/email-alerts\/<\/a><\/p>\n<p>\n        <strong>About Innovation Pharmaceuticals <\/strong><br \/>\n        <br \/>Innovation Pharmaceuticals Inc. (IPIX) is a clinical stage biopharmaceutical company developing a world-class portfolio of innovative therapies addressing multiple areas of unmet medical need, including inflammatory diseases, cancer, infectious diseases, and dermatologic diseases. Brilacidin, a versatile compound with broad therapeutic potential, is in a new chemical class called defensin-mimetics. A Phase 2 trial of Brilacidin as an oral rinse for the prevention of Severe Oral Mucositis (SOM) in patients with Head and Neck Cancer met its primary and secondary endpoints, including reducing the incidence of SOM. The Company plans to advance Brilacidin oral rinse into Phase 3 development, subject to available financial resources. Positive results were also observed in a Phase 2 Proof-of-Concept trial treating patients locally with Brilacidin for Ulcerative Proctitis\/Ulcerative Proctosigmoiditis (UP\/UPS). Brilacidin for UP\/UPS was licensed to Alfasigma S.p.A. in July 2019, who have recently completed a Phase 1 study with their formulation. A Phase 2b trial of Brilacidin showed a single intravenous dose of the drug delivered comparable outcomes to a seven-day dosing regimen of the FDA-approved blockbuster daptomycin in treating Acute Bacterial Skin and Skin Structure Infection. Brilacidin, based on promising in vitro antiviral activity against SARS-CoV-2, is being evaluated in a Phase 2 clinical trial as a potential treatment for COVID-19. Kevetrin is a novel anti-cancer drug shown to modulate p53, often referred to as the \u201cGuardian Angel Gene\u201d due to its crucial role in controlling cell mutations and has successfully completed a Phase 2 trial in Ovarian Cancer. More information is available on the Company website at www.IPharmInc.com.<\/p>\n<p>\n        <strong>Forward-Looking Statements:\u00a0<\/strong>This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 including statements concerning future drug development plans, statements regarding the antiviral capabilities and therapeutic potential of Brilacidin and its impact on SARS-CoV-2 (COVID-19) and other coronaviruses, as well as government regulatory approvals to continue clinical testing. Other statements regarding future product developments, and markets, including with respect to specific indications, and any other statements which are other than statements of historical fact. These statements involve risks but not limited to risks related to conducting pre-clinical studies and clinical trials and seeking regulatory and licensing approvals for Brilacidin and Kevetrin in the US and other jurisdictions; that prior test results may not be replicated in future studies and trials, uncertainties and assumptions that could cause the Company\u2019s actual results and experience to differ materially from anticipated results and expectations expressed in these forward-looking statements. The Company has in some cases identified forward-looking statements by using words such as \u201canticipates,\u201d \u201cbelieves,\u201d \u201chopes,\u201d \u201cestimates,\u201d \u201clooks,\u201d \u201cexpects,\u201d \u201cplans,\u201d \u201cintends,\u201d \u201cgoal,\u201d \u201cpotential,\u201d \u201cmay,\u201d \u201csuggest,\u201d and similar expressions. Among other factors that could cause actual results to differ materially from those expressed in forward-looking statements are the Company\u2019s need for, and the availability of, substantial capital in the future to fund its operations and research and development; including the amount and timing of the sale of shares of common stock under securities purchase agreements; the fact that the Company\u2019s licensee(s) may not successfully complete pre-clinical or clinical testing and the Company will not receive milestone payments, or the fact that the Company\u2019s compounds may not successfully complete pre-clinical or clinical testing, or be granted regulatory approval to be sold and marketed in the United States or elsewhere. A more complete description of these risk factors is included in the Company\u2019s filings with the Securities and Exchange Commission. You should not place undue reliance on any forward-looking statements. The Company undertakes no obligation to release publicly the results of any revisions to any such forward-looking statements that may be made to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events, except as required by applicable law or regulation.<\/p>\n<p>\n        <strong>INVESTOR AND MEDIA CONTACTS\u00a0<\/strong><br \/>\n        <br \/>\n        <strong><br \/>\n          <em>Innovation Pharmaceuticals Inc.\u00a0<\/em><br \/>\n        <\/strong><br \/>\n        <br \/>Leo Ehrlich\u00a0<br \/><a href=\"mailto:info@ipharminc.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@ipharminc.com<\/a><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NTMxNCM0MDUwNzc1IzIwODE0MDQ=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/03dad41a-7fe7-4fc0-9005-4078a88ff50f\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>WAKEFIELD, Mass., March 05, 2021 (GLOBE NEWSWIRE) &#8212; Innovation Pharmaceuticals (OTCQB:IPIX) (\u201cthe Company\u201d), a clinical stage biopharmaceutical company, today reports that eight sites are now participating in the Company\u2019s international Phase 2 clinical trial assessing Brilacidin as a novel therapeutic in hospitalized patients with COVID-19. The trial is now posted on clinicaltrials.gov (https:\/\/clinicaltrials.gov\/ct2\/show\/NCT04784897), which shows seven sites as recruiting and enrolling patients. An eighth site is also now enrolling in addition, and the Company has informed\u00a0clinicaltrials.gov\u00a0of the change in status. Fifteen patients have already been dosed in the trial. More sites are coming online, which is expected to further accelerate enrollment and treatment.\u00a0 The trial doesn\u2019t exclude any variants of SARS-CoV-2, the virus responsible for COVID-19. Virulent coronavirus strains have &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/recruitment-and-enrollment-underway-at-eight-sites-for-innovation-pharmas-phase-2-clinical-trial-of-brilacidin-for-covid-19\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Recruitment and Enrollment Underway at Eight Sites for Innovation Pharma\u2019s Phase 2 Clinical Trial of Brilacidin for COVID-19&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-451892","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Recruitment and Enrollment Underway at Eight Sites for Innovation Pharma\u2019s Phase 2 Clinical Trial of Brilacidin for COVID-19 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/recruitment-and-enrollment-underway-at-eight-sites-for-innovation-pharmas-phase-2-clinical-trial-of-brilacidin-for-covid-19\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Recruitment and Enrollment Underway at Eight Sites for Innovation Pharma\u2019s Phase 2 Clinical Trial of Brilacidin for COVID-19 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"WAKEFIELD, Mass., March 05, 2021 (GLOBE NEWSWIRE) &#8212; Innovation Pharmaceuticals (OTCQB:IPIX) (\u201cthe Company\u201d), a clinical stage biopharmaceutical company, today reports that eight sites are now participating in the Company\u2019s international Phase 2 clinical trial assessing Brilacidin as a novel therapeutic in hospitalized patients with COVID-19. The trial is now posted on clinicaltrials.gov (https:\/\/clinicaltrials.gov\/ct2\/show\/NCT04784897), which shows seven sites as recruiting and enrolling patients. An eighth site is also now enrolling in addition, and the Company has informed\u00a0clinicaltrials.gov\u00a0of the change in status. Fifteen patients have already been dosed in the trial. More sites are coming online, which is expected to further accelerate enrollment and treatment.\u00a0 The trial doesn\u2019t exclude any variants of SARS-CoV-2, the virus responsible for COVID-19. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/recruitment-and-enrollment-underway-at-eight-sites-for-innovation-pharmas-phase-2-clinical-trial-of-brilacidin-for-covid-19\/","og_locale":"en_US","og_type":"article","og_title":"Recruitment and Enrollment Underway at Eight Sites for Innovation Pharma\u2019s Phase 2 Clinical Trial of Brilacidin for COVID-19 - Market Newsdesk","og_description":"WAKEFIELD, Mass., March 05, 2021 (GLOBE NEWSWIRE) &#8212; Innovation Pharmaceuticals (OTCQB:IPIX) (\u201cthe Company\u201d), a clinical stage biopharmaceutical company, today reports that eight sites are now participating in the Company\u2019s international Phase 2 clinical trial assessing Brilacidin as a novel therapeutic in hospitalized patients with COVID-19. The trial is now posted on clinicaltrials.gov (https:\/\/clinicaltrials.gov\/ct2\/show\/NCT04784897), which shows seven sites as recruiting and enrolling patients. An eighth site is also now enrolling in addition, and the Company has informed\u00a0clinicaltrials.gov\u00a0of the change in status. Fifteen patients have already been dosed in the trial. More sites are coming online, which is expected to further accelerate enrollment and treatment.\u00a0 The trial doesn\u2019t exclude any variants of SARS-CoV-2, the virus responsible for COVID-19. Virulent coronavirus strains have &hellip; Continue reading \"Recruitment and Enrollment Underway at Eight Sites for Innovation Pharma\u2019s Phase 2 Clinical Trial of Brilacidin for COVID-19\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/recruitment-and-enrollment-underway-at-eight-sites-for-innovation-pharmas-phase-2-clinical-trial-of-brilacidin-for-covid-19\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-05T16:34:31+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NTMxNCM0MDUwNzc1IzIwODE0MDQ=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/recruitment-and-enrollment-underway-at-eight-sites-for-innovation-pharmas-phase-2-clinical-trial-of-brilacidin-for-covid-19\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/recruitment-and-enrollment-underway-at-eight-sites-for-innovation-pharmas-phase-2-clinical-trial-of-brilacidin-for-covid-19\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Recruitment and Enrollment Underway at Eight Sites for Innovation Pharma\u2019s Phase 2 Clinical Trial of Brilacidin for COVID-19","datePublished":"2021-03-05T16:34:31+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/recruitment-and-enrollment-underway-at-eight-sites-for-innovation-pharmas-phase-2-clinical-trial-of-brilacidin-for-covid-19\/"},"wordCount":1424,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/recruitment-and-enrollment-underway-at-eight-sites-for-innovation-pharmas-phase-2-clinical-trial-of-brilacidin-for-covid-19\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NTMxNCM0MDUwNzc1IzIwODE0MDQ=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/recruitment-and-enrollment-underway-at-eight-sites-for-innovation-pharmas-phase-2-clinical-trial-of-brilacidin-for-covid-19\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/recruitment-and-enrollment-underway-at-eight-sites-for-innovation-pharmas-phase-2-clinical-trial-of-brilacidin-for-covid-19\/","name":"Recruitment and Enrollment Underway at Eight Sites for Innovation Pharma\u2019s Phase 2 Clinical Trial of Brilacidin for COVID-19 - 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