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Virpax Reports Positive Results in Human Study for its Molecular Envelope Technology

MWN-AI** Summary

Virpax Pharmaceuticals, Inc. (Nasdaq: VRPX), a company focused on non-addictive solutions for pain management and neurological disorders, recently celebrated positive results from a human study evaluating its proprietary Molecular Envelope Technology (MET), conducted by Nanomerics. The Phase I SUNLIGHT trial assessed the safety and tolerability of the MET, utilized in Virpax's Envelta (NES100) and NobrXiol products. Envelta, an enkephalin-based drug designed to relieve pain by targeting delta opioid receptors, has shown promise in animal studies without leading to opioid tolerance or addictive behaviors.

The SUNLIGHT trial involved ten healthy volunteers who received eye drop administrations of MET alone and OC134, facilitated by the MET, over 28 days. Remarkably, all participants completed the dosing without any moderate to severe adverse events, indicating the safety of the formulation. Follow-up assessments are scheduled for February 2025, with no significant variations reported in vital signs or other health metrics during the trial.

In addition to Envelta, Virpax is advancing NobrXiol for delivering cannabidiol (CBD) in the treatment of epilepsy. This formulation leverages MET to enhance absorption via the olfactory nerve, demonstrating significant innovation in drug delivery methods.

The encouraging results from the SUNLIGHT trial are impactful for Virpax as the company gears up to seek FDA approval for its products targeting diverse medical needs. Virpax continues to develop a range of non-addictive treatment options, alongside collaborative research projects with the National Institutes of Health and potential partnerships for additional drug candidates aimed at addressing ongoing health challenges. For further details on their offerings, visit their website.

MWN-AI** Analysis

Virpax Pharmaceuticals, Inc. (Nasdaq: VRPX) recently announced significant positive outcomes from its collaboration with Nanomerics regarding the Molecular Envelope Technology (MET), following a successful human study that reported no moderate to severe adverse events. This promising result positions Virpax favorably in the burgeoning market for non-addictive pain management solutions, especially as the pharmaceutical industry increasingly shifts away from traditional opioid analgesics.

The trial results provide a solid foundation for Virpax’s lead product, Envelta, a unique enkephalin-based drug designed to activate delta opioid receptors in a non-addictive manner. Its development under a cooperative agreement with the National Center for Advancing Translational Sciences (NCATS) underscores the potential credibility and robustness of this candidate. Furthermore, the favorable safety profile reported in the SUNLIGHT trial suggests a low-risk therapeutic option for patients, which could enhance Virpax’s market appeal.

Additionally, the NobrXiol product, aimed at delivering CBD for managing epilepsy, benefits from the same MET platform, accentuating the versatility of Virpax’s technology. As regulations around cannabis-based therapies evolve, NobrXiol could emerge as a leading contender in pediatric epilepsy management, especially given the lack of available effective treatments.

Given the current landscape, investors should consider the implications of these developments. The increasing focus on non-addictive analgesics in light of the opioid crisis positions Virpax strategically within a niche yet expanding market. Collectively, the company’s ongoing and future trials, supported by strategic partnerships with organizations like NIH, further solidify its growth potential.

Furthermore, with other candidates in the pipeline, including AnQlar and Epoladerm, Virpax is diversifying its portfolio to manage various health challenges, thereby mitigating risks. Investors should maintain a close watch on further clinical developments and potential FDA feedback as these could heavily influence stock performance. Overall, Virpax presents a compelling investment opportunity, particularly for those looking to engage with innovative healthcare solutions.

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

Source: Business Wire

Virpax Pharmaceuticals, Inc. (Nasdaq: VRPX) (“Virpax” or the “Company”) , a company specializing in developing non-addictive products for pain management, post-traumatic stress disorder, central nervous system (CNS) disorders and anti-viral barrier indications, would like to congratulate Nanomerics on completing a human study using the Molecular Envelope Technology (MET) and showing no moderate to severe adverse events. Virpax uses MET in its Envelta (NES100) and NobrXiol.

Envelta is an enkephalin drug product based on a type of nanotechnology delivery approach. The MET is designed to protect and help carry the drug to the brain with the goal of promptly suppressing pain by binding to the delta opioid receptors. Envelta has demonstrated analgesic potential in animal models without the development of opioid tolerance or reward seeking behavior. It is currently being developed in a cooperative research and development agreement with the National Center for Advancing Translational Sciences (NCATS), an institute/center of the National Institutes of Health (NIH), U.S. Department of Health and Human Services.

In addition, Virpax uses MET with NobrXiol. NobrXiol is being developed for delivery of cannabidiol in the management of epilepsy in children and adults. NobrXiol utilizes the MET as its delivery system to cross the blood brain barrier, propelling the cannabidiol nanoparticles through the nose to the brain via the olfactory nerve. The drug has received pre-Investigational New Drug (PIND) application guidance from the U.S. Food and Drug Administration (FDA)

Nanomerics’s Phase I trial, the SUNLIGHT trial, involved 28 days of administration of OC134, powered by the MET and MET alone as eye drops to healthy volunteers. Dosing twice daily (12 h apart) of the healthy study participants with MET eye drops and OC134 eye drops commenced in December 2024 and was completed in January 2025.

The SUNLIGHT trial was a phase I clinical trial; these trials are used to test for the safety, side effects, best dose, and timing of a new treatment. It may also test the best way to give a new treatment (for example, by mouth, infusion into a vein, or injection) and how the treatment affects the body.

All volunteers (n=10) completed the dosing schedule without dropouts and volunteers will report for follow up assessments in February 2025. There were no adverse events of moderate or severe severity reported during the clinical phase of the trial and there were no clinically significant individual changes from baseline or notable trends in safety assessments including safety bloods, vital signs, eye examination, 12 lead ECGs and urine analysis. The topical administration of MET and OC134 eye drops on 56 consecutive occasions were well tolerated by healthy volunteers under the condition of the trial.

About Virpax Pharmaceuticals
Virpax is developing branded, non-addictive pain management products candidates using its proprietary technologies to optimize and target drug delivery. Virpax is initially seeking FDA approval for two prescription drug candidates that employ two different patented drug delivery platforms. Probudur™ is a single injection liposomal bupivacaine formulation being developed to manage post-operative pain and Envelta™ is an intranasal molecular envelope enkephalin formulation being developed to manage acute and chronic pain, including pain associated with cancer. Virpax is also using its intranasal Molecular Envelope Technology (MET) to develop one other prescription product candidate, NobrXiol™, which is being developed for the nasal delivery of a pharmaceutical-grade cannabidiol (CBD) for the management of rare pediatric epilepsy. Virpax has competitive cooperative research and development agreements (CRADAs) for two of its prescription drug candidates, one with the National Institutes of Health (NIH) and one with the Department of Defense (DOD). Virpax is also seeking partners for two nonprescription product candidates: AnQlar, which is being developed to inhibit viral replication caused by influenza or SARS-CoV-2, and Epoladerm™, which is a topical diclofenac spray film formulation being developed to manage pain associated with osteoarthritis. For more information, please visit https://www.virpaxpharma.com .and follow us on Twitter, LinkedIn and YouTube.

About Nanomerics

Nanomerics Ltd is a specialty pharmaceutical company with state-of-the-art laboratories based in London, UK. Nanomerics was founded to commercialise its biocompatible polymer technologies for drug delivery and other applications. Nanomerics' proprietary technology is based on world leading know-how and scientific leadership in polymer nanotechnology. Nanomerics creates uniquely differentiated, patented pharmaceutical assets, underpinned by high quality science. For example, the company's Molecular Envelope Technology (MET) is a unique patented biocompatible polymer that delivers a step change in target tissue bioavailability. The founding scientists, Professor Dame Ijeoma F. Uchegbu and Professor Andreas G. Schätzlein developed the technology at the Universities of Strathclyde and Glasgow and, latterly at the UCL School of Pharmacy. Pharmaceutical product candidates in development include the eye drops: OC134 for the treatment of moderate to severe allergic conjunctivitis, OC137 for the treatment of retinal diseases and OC135 for the treatment of glaucoma. For more information, please visit www.nanomerics.com

Forward-Looking Statements

This press release contains certain forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995, as amended, including those described below. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which we operate and management’s current beliefs and assumptions.

These statements may be identified by the use of forward-looking expressions, including, but not limited to, “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “potential,” “predict,” “project,” “should,” “would” and similar expressions and the negatives of those terms. These statements relate to future events and involve known and unknown risks, uncertainties, and other factors, including the additional capital which will be necessary to complete studies and clinical trials that the Company plans to initiate and other factors listed under “Risk Factors” in the Company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q that the Company has filed with the U.S. Securities and Exchange Commission. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250227128970/en/

Investor:
info@virpaxpharma.com

FAQ**

What are the key milestones Virpax Pharmaceuticals Inc. (Nasdaq: VRPX) expects to achieve in the clinical development of Envelta and NobrXiol, and how do these align with regulatory guidance from the FDA?

Virpax Pharmaceuticals Inc. expects to achieve key milestones for Envelta and NobrXiol, including successful clinical trial results and advancing through regulatory submissions, aligned with FDA guidance to ensure safety and efficacy for patient treatment.

Can you provide insight into the financial implications for Virpax Pharmaceuticals Inc. (VRPX) regarding the cooperative research and development agreements with NIH and DOD?

The cooperative research and development agreements with NIH and DOD could enhance Virpax Pharmaceuticals Inc.'s financial outlook by providing funding, reducing R&D costs, and facilitating quicker access to advanced technologies, potentially increasing shareholder value.

How does the successful completion of the SUNLIGHT trial impact the market position and future partnerships of Virpax Pharmaceuticals Inc. (Nasdaq: VRPX) within the pharmaceutical industry?

The successful completion of the SUNLIGHT trial significantly enhances Virpax Pharmaceuticals Inc.'s market position and attractiveness for future partnerships, as it validates their product pipeline and demonstrates potential for revenue growth in the competitive pharmaceutical landscape.

What are the potential risks and rewards associated with Virpax Pharmaceuticals Inc. (VRPX) pursuing nonprescription product candidates like AnQlar and Epoladerm, given the current market landscape?

Virpax Pharmaceuticals Inc. (VRPX) could benefit from substantial rewards in expanding market access and consumer reach through nonprescription products like AnQlar and Epoladerm, but faces risks including regulatory hurdles, competition, and market acceptance challenges.

**MWN-AI FAQ is based on asking OpenAI questions about Virpax Pharmaceuticals Inc. (NASDAQ: VRPX).

Virpax Pharmaceuticals Inc.

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