Quoin Pharmaceuticals: Share Price Soars More Than 30% on News of Second Clinical Trial

Clinical-stage specialty pharmaceutical company, Quoin Pharmaceuticals (Nasdaq: QNRX) plans to initiate a multicenter open label study of its lead product, QRX003, in Netherton Syndrome (NS) patients who are currently receiving systemic biologic therapy.

A subset of NS patients is being treated off-label with systemic biologics that provide some symptomatic relief but do not address all symptoms, nor the underlying cause of the disease. Assessing the safety and efficacy of the QRX003 as adjuvant treatment with a systemic biologic could potentially generate valuable clinical data and better treatment options for patients.

Highlights

  •  The multicenter, open label study will be conducted under Quoin’s currently open U.S. Investigational New Drug (IND) Application;
  • It will assess QRX003 topical lotion in NS patients who are currently receiving treatment, including systemic therapy for symptomatic relief;
  • A number of different clinical endpoints will be assessed in the study.

 

 

 

 

 

 

 

 

 

NS is a rare and devastating genetic disease. If approved, QRX003 has the potential to become the standard of care for NS patients. Quoin’s share price rose more than 30% on the news.

Share this article:

Disclaimer

This communication was produced by Prism MarketView, an affiliate of PCG Advisory Inc., (together “PCG”). PCG is an integrated investor relations, communications and strategic advisory firm. The information contained on this is ‘Paid Advertising’ for purposes of Section 17(b) of the Securities Act of 1933, as amended (together with the rules and regulations there under, the “Securities Act”). “PCG” and its affiliates are compensated by respective clients for publicizing information relating to its client’s securities. For more information in terms of compensation received for services provided by PCG, see the pertinent advertising materials relating to the respective client. By accessing this Site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy…

Share this article:
Read Full Disclaimer

Share This Article

 

About the Author

Quoin Pharmaceuticals: Share Price Soars More Than 30% on News of Second Clinical Trial

Editor Prism MarketView