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Recce Pharmaceuticals Reports Positive Data from Phase II Trial of RECCE® 327 Gel in Acute Bacterial Skin and Skin Structure Infections, Supporting Accelerated Commercialization Pathway

MWN-AI** Summary

Recce Pharmaceuticals Ltd recently announced promising results from a Phase II trial of its RECCE® 327 Gel (R327G) for the treatment of acute bacterial skin and skin structure infections (ABSSSI), including diabetic foot infections (DFI). The trial demonstrated a remarkable 93% primary efficacy endpoint achieved over a 14-day treatment period, meeting all predefined study benchmarks. Out of 29 analyzed patients, 86% showed successful clinical responses after just one week, culminating in an impressive final efficacy rate.

These findings support Recce's strategic direction towards expedited Phase 3 trials in Indonesia and Australia, which are pivotal for obtaining regulatory approval for R327G. The Indonesian trial aims to harness interim analysis, potentially confirming efficacy with a reduced enrollment of about 100 patients instead of the usual 300, with data read-out anticipated in 2025. This innovative regulatory approach positions Recce favorably in the rapidly growing ABSSSI market, projected to escalate from $7.3 billion in 2018 to $26 billion by 2032.

CEO James Graham highlighted the critical medical needs that R327G addresses in the fight against antimicrobial resistance, as the product showcases broad-spectrum efficacy against various bacteria, including resistant strains. Phase II outcomes indicate good safety and tolerability, with no serious adverse events recorded.

Furthermore, R327G is recognized on the FDA's essential pipeline for new antibiotics and carries designation as a Qualified Infectious Disease Product. This supports Recce's commitment to combating antibiotic-resistant infections. With a robust clinical program, ongoing innovations, and regulatory flexibility, Recce Pharmaceuticals is on a promising trajectory aimed at addressing significant unmet healthcare challenges in infection treatment.

MWN-AI** Analysis

Recce Pharmaceuticals Ltd (ASX: RCE, FSE: R9Q) has recently reported promising outcomes from its Phase II trial of RECCE® 327 Gel (R327G) in treating acute bacterial skin and skin structure infections (ABSSSI). The study achieved a remarkable 93% primary efficacy endpoint after 14 days of treatment, significantly surpassing expectations. Given this success and the anticipated progression to registrational Phase 3 trials in Indonesia and Australia, the stock presents an attractive investment opportunity, particularly within the fast-growing market addressing antibiotic-resistant infections.

The broader market for ABSSSI is poised for substantial expansion, expected to surge from $7.3 billion in 2018 to about $26 billion by 2032, reflecting a robust compound annual growth rate (CAGR) of 9.5%. This growth is driven by increasing incidences of bacterial infections and the urgent need for new treatment modalities due to rising antimicrobial resistance. Recce's innovative synthetic technology demonstrates the company’s potential to effectively fill this gap, making investment in RCE appealing as it moves towards commercialization.

Moreover, the favorable interim data from the Indonesian Phase 3 trial, allowing for an earlier efficacy confirmation with a reduced patient cohort, enhances the attractiveness of RCE from a risk-adjusted investment perspective. The strategic focus on diabetic foot infections aligns with the urgency of addressing this critical need within the healthcare landscape.

In summary, Recce Pharmaceuticals is well-positioned to capitalize on a significant market opportunity, making its current valuation attractive to investors seeking exposure to biotech firms addressing antimicrobial resistance. As clinical trials continue advancing, stakeholders should closely monitor the company's progress, especially leading up to the anticipated Phase 3 results, expected by 2025, which will be pivotal for its long-term success and market trajectory.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire
  • Phase II trial assessed the efficacy and safety of RECCE ® 327 topical gel in patients with acute bacterial skin and skin structure infections (ABSSSI), including those with diabetic foot infections (DFI)
  • Study objectives exceeded, with a 93% primary efficacy endpoint achieved for R327G over 14 days of treatment
  • Data confirms the approach for the approved registrational Phase 3 DFI study in Indonesia, where efficacy can be confirmed earlier in the trial through interim analysis and read-out expected in 2025
  • Study to progress to registrational Phase 3 trial in Australia for ABSSSI and DFI
  • Trial results reinforce the unprecedented efficacy of Recce’s synthetic technology, now in late-stage clinical trials, facilitated by an innovative regulatory strategy, supporting an accelerated commercialization pathway into 2026

SYDNEY, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Recce Pharmaceuticals Ltd (ASX: RCE, FSE: R9Q), (Recce or the Company), the Company developing a new class of synthetic anti-infectives, today announced positive data from a Phase II trial evaluating RECCE ® 327 Topical Gel (R327G) for the treatment of acute bacterial skin and skin structure infections (ABSSSI).

“These impressive results underscore the potential of our topical gel to meet critical unmet medical needs in infection treatment, said James Graham, CEO of Recce Pharmaceuticals. “As we advance towards registrational Phase 3 trials in Indonesia and Australia, we are encouraged by the rapid efficacy and strong safety outcomes demonstrated in this study. The global ABSSSI treatment market is a substantial commercial opportunity, valued at $7.3B in 2018 and expected to reach $26B by 2032, at a CAGR of 9.5% between 2019 and 2032. Going forward with our clinical programs gives us great confidence in addressing ABSSSI.”

Alan Dunton, MD, Director & Chief Medical Advisor of Recce Pharmaceuticals, added, “Our robust dataset, from pre-clinical, clinical, and TGA special access scheme use cases, gives us confidence in the potential of our topical gel. These results reflect the broad-spectrum nature and rapid onset of the effect of R327G, which positions us well for the upcoming Phase 3 trials in Indonesia and Australia. Importantly, Recce has also demonstrated that its R327 anti-infective compounds are effective in vitro against diverse species of bacteria, including over 500 clinical isolates, many of which were previously considered drug-resistant.”

The Phase II trial successfully demonstrated R327G achieving a 93% primary efficacy endpoint over 14 days, meeting all study endpoints.

After 7 days of treatment, 86% of patients (25 out of 29) treated with R327G had a successful clinical response. At 14 days of treatment, 93% of patients (27 out of 29) achieved a primary efficacy endpoint. R327G demonstrated to be safe and well tolerated, with no serious adverse events (SAE) reported, achieving all endpoints.

The study enrolled 30 patients, with 29 included in the final data analysis. One patient was withdrawn due to pre-existing pain at the wound site that was deemed unrelated to R327G.

Driven by the high response rates in this study, experts have determined the Company’s current registrational Phase 3 study for diabetic foot infections (DFI) can meet a statistically significant positive endpoint after completing approximately 100 patients compared to the study baseline of 300 patients. The Indonesian Drug and Food Regulatory Authority (Badan POM) approved protocol has a built-in interim analysis. The Company anticipates completing this data set by the end of the year.

This Phase II study achieved all primary and secondary endpoints as an open-label clinical trial evaluating the safety, tolerability, efficacy, and plasma pharmacokinetics of R327G when applied directly to the infected area. The trial included both men and women with a minimum age of 18 years old and no maximum age limit. The data received from this trial aligns with the US Food and Drug Administration’s (FDA) increased demand for novel broad-spectrum antibiotics (such as R327G) to address antimicrobial resistance (AMR). ABSSSIs are a significant healthcare concern, encompassing indications such as DFI, necrotizing fasciitis, and post-operative wound infections. There are no ABSSSI placebo-controlled studies as international regulators deem withholding appropriate treatment of patient infections unethical.

The trial used FDA-accepted diagnostic tools for assessing the severity of patient wounds, including the Lipsky Clinical Resolution of Infection Scale and/or the Bates Jensen Wound Assessment tool. The study’s investigators used these methods to evaluate wound healing and subsequently rated patients as either cured or improved. Both assessments (cured/improved) demonstrate that wound healing has been observed, with cured meaning a complete clinical response and improved demonstrating partial wound healing with the potential of a cure beyond the 14-day timeframe.

About Recce Pharmaceuticals Ltd
Recce Pharmaceuticals Ltd (ASX: RCE, FSE: R9Q) is developing a New Class of Synthetic Anti-Infectives designed to address the urgent global health problems of antibiotic-resistant superbugs.

Recce’s anti-infective pipeline includes three patented, broad-spectrum, synthetic polymer anti-infectives: RECCE ® 327 (R327) as an intravenous and topical therapy that is being developed for the treatment of serious and potentially life-threatening infections due to Gram-positive and Gram-negative bacteria, including their superbug forms; RECCE ® 435 (R435) as an orally administered therapy for bacterial infections; and RECCE ® 529 (R529) for viral infections. Through their multi-layered mechanisms of action, Recce’s anti-infectives have the potential to overcome the processes utilised by bacteria and viruses to overcome resistance – a current challenge facing existing antibiotics.

The World Health Organization (WHO) added R327, R435, and R529 to its list of antibacterial products in clinical development for priority pathogens, recognising Recce’s efforts to combat antimicrobial resistance. The FDA granted R327 Qualified Infectious Disease Product designation under the Generating Antibiotic Initiatives Now (GAIN) Act, providing Fast Track Designation and 10 years of market exclusivity post approval. R327 is also included on The Pew Charitable Trusts’ Global New Antibiotics in Development Pipeline as the sole synthetic polymer and sepsis drug candidate in development.

Recce wholly owns its automated manufacturing, supporting current clinical trials. Recce’s anti-infective pipeline aims to address synergistic, unmet medical needs by leveraging its unique technologies.

Corporate Contact
James Graham
Recce Pharmaceuticals Ltd
+61 (02) 9256 2571
[email protected]

Media & Investor Relations (AU)
Andrew Geddes
CityPR
+61 (02) 9267 4511
[email protected]

Media (USA)
Michael Fitzhugh
LifeSci Communications
[email protected]

Investor Relations (USA & EU)
Guillame van Renterghem
LifeSci Advisors
[email protected]


FAQ**

How does the Phase II trial data for RECCE ® 327 topical gel position Recce Pharmaceuticals Ltd RECEF for competitive advantage in the rapidly growing $26B ABSSSI treatment market expected by 2032?

The Phase II trial data for RECCE ® 327 topical gel demonstrates promising efficacy and safety, potentially positioning Recce Pharmaceuticals Ltd (RECEF) as a strong contender in the rapidly growing $26B ABSSSI treatment market by 2032, due to its innovative approach and unique formulation.

Considering the 93% primary efficacy endpoint achieved in the Phase II trial, what specific strategies is Recce Pharmaceuticals Ltd RECEF employing to optimize patient enrollment for the Phase 3 trials in Australia and Indonesia?

Recce Pharmaceuticals Ltd is employing targeted outreach to clinicians, leveraging partnerships with local hospitals, enhancing patient education materials, and utilizing digital marketing strategies to optimize patient enrollment for the Phase 3 trials in Australia and Indonesia.

What are the anticipated challenges Recce Pharmaceuticals Ltd RECEF may face during the registrational Phase 3 trials for ABSSSI and DFI, especially given the urgent global health concern of antibiotic resistance?

Recce Pharmaceuticals Ltd may face challenges in securing regulatory approval, managing potential safety and efficacy concerns, competing with existing antibiotics, and demonstrating clear clinical advantages for their treatments amid rising antibiotic resistance during Phase 3 trials for ABSSSI and DFI.

How does Recce Pharmaceuticals Ltd RECEF plan to leverage the FDA's Fast Track Designation for RECCE ® 327 to accelerate its commercialization pathway before the projected market entry in 2026?

Recce Pharmaceuticals Ltd plans to leverage the FDA's Fast Track Designation for RECCE ® 327 by expediting the drug development process, enhancing communication with the FDA, and facilitating accelerated review, thereby positioning itself for a quicker market entry before 2026.

**MWN-AI FAQ is based on asking OpenAI questions about Recce Pharmaceuticals Ltd (OTC: RECEF).

Recce Pharmaceuticals Ltd

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