First Wave BioPharma Stock Bid Higher After Adrulipase Study Update; Expects To File IND Application In Q4 ($FWBI)

September 27 06:47 2022
First Wave BioPharma Stock Bid Higher After  Adrulipase Study Update; Expects To File IND Application In Q4 ($FWBI)

First Wave BioPharma, Inc., (NASDAQ: FWBI) stock is getting bid higher after announcing adrulipase, its product candidate for treating exocrine pancreatic insufficiency (EPI) associated with cystic fibrosis (CF) and chronic pancreatitis (CP), was identified having an enhanced enteric microgranule drug delivery profile. That data does more than support its use in FWBI’s ongoing development of its FW- EPI clinical program; it’s likely to keep the bullish trend intact.

It’s provided an excellent start. Since the announcement, FWBI shares have increased by about 16%, decoupling from market weakness that has sharply decreased biotech company valuations during the past week. Still, while an appreciable gain, the better news is that it could be the precursor of more to come, supported by FWBI saying it intends to submit an Investigational New Drug (IND) application for a Phase 2 “proof-of-concept” clinical study evaluating the improved formulation to potentially treat specific types of EPI. 

Even better for those liking to trade ahead of potential catalysts, FWBI said that upon FDA approval, it’s prepared to commence that trial before the end of 2022.

Good For FWBI, Excellent For Investors

FWBI is optimistic that will be the case. And good news for FWBI could be excellent news for investors, especially those taking advantage of that milestone, plus riding the momentum inherent to FWBI reigniting its adrulipase development program. 

The invigorated program will add to data showing adrulipase’s impressive treatment potential for EPI associated with CF and CP, which in earlier clinical trials demonstrated an excellent safety profile and a mechanism of action that should enable a therapeutic benefit. While its prior formulation resulted in an inconsistent dispersal of adrulipase in the gastrointestinal tract, this new in vitro formulation shows compelling differences, with the latest in vitro enteric microgranule drug delivery formulation of adrulipase outperforming prior drug versions. 

Data suggest the new formulation’s delayed-release profile should protect adrulipase in the stomach and enable it to be delivered to the targeted areas of the GI tract where it can mix with food in the duodenum to provide its therapeutic effect. FWBI believes the data indicate that the new formulation of adrulipase will result in consistent coefficient of fat absorption (CFA) values greater than 80%, with 80% and higher the recognized threshold for achieving therapeutic benefit in patients with EPI associated with CF and CP. There’s more good news.

Replacing A 40-Pill Per Day Regiment

Research further indicates that the enhanced adrulipase formulation may significantly decrease the number of pills patients need to take to achieve a desired therapeutic effect. That’s a significant advantage, with the pill burden associated with pancreatic enzyme replacement therapy (PERT) as high as 40 capsules per day, creating a substantial challenge to treat EPI due to patient regimen resistance. That advantage alone is more than a critical differentiator for patients; it could help expedite approvals from an FDA sympathetic to patient needs.

Getting that approval is a mission in progress, accelerated by FWBI’s strategic decision to direct its near-term resources toward filing its IND application and beginning a Phase 2 clinical trial. With that the case, FWBI stock could decouple further from broad weakness in the biotechnology sector, where company stocks of all sizes have been met with a decidedly bearish sentiment.

The Biotech Bulls Always Look For Value

While that may be the overall mood, investors are still seizing on opportunities, including those presented by undervalued companies with treatment solutions that have the potential to become standard of care. FWBI checks those boxes.

Moreover, with a significantly improved balance sheet, having made significant strides in its clinical development efforts, and advancing a potentially best-in-class treatment option for certain EPI indications, they may be checking many more in the coming weeks. That makes the FWBI value proposition and investment consideration more than attractive; it makes it timely.

 

Disclaimers: Hawk Point Media Group, Llc. is responsible for the production and distribution of this content. Hawk Point Media Group, Llc. is not operated by a licensed broker, a dealer, or a registered investment adviser. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. Our reports/releases are a commercial advertisement and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The information made available by Hawk Point Media Group, Llc. is not intended to be, nor does it constitute, investment advice or recommendations. The contributors may buy and sell securities before and after any particular article, report and publication. In no event shall Hawk Point Media Group, Llc. be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or made available by Hawk Point Media Group, Llc., including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information in this video, article, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. Hawk Point Media Group, Llc. strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. For some content, Hawk Point Media Group, Llc., its authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. HPM, LLC has been compensated by a third-party up to three-thousand-five-hundred-dollars to provide research and coverage of OTC, NASDAQ, NYSE, and OTC Pink companies, including for First Wave Biopharma, Inc. As part of that content, readers, subscribers, and website viewers, are expected to read the full disclaimers and financial disclosures statement that can be found on our website.

The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. 

Media Contact
Company Name: Hawk Point Media
Contact Person: Kenny Lawrence
Email: [email protected]
Phone: 3057806988
City: Miami Beach
State: Florida
Country: United States
Website: https://firstwavebio.com/

  Categories: