XORTX Adds Late Stage Gout Program to Pipeline
MWN-AI** Summary
XORTX Therapeutics Inc. has announced the addition of a late-stage program targeting gout, specifically for patients who are intolerant to allopurinol. This program, known as XRx-026, aims to provide an effective treatment option for approximately 3 to 5% of gout sufferers who experience adverse reactions to the commonly prescribed xanthine oxidase inhibitor (XOI) allopurinol. The company is currently engaged in discussions with the U.S. Food and Drug Administration (FDA) to prepare for a New Drug Application (NDA) and seek orphan drug designation for XRx-026, following the successful completion of its pivotal program for its lead candidate, XORLO™.
Dr. Allen Davidoff emphasized the urgency of developing solutions for allopurinol intolerant patients, noting the promising safety and efficacy profile of oxypurinol in clinical studies. Gout affects about 1% to 2% of the population and is linked to severe health issues such as kidney stones, diabetes, and cardiovascular disease stemming from consistently high uric acid levels (hyperuricemia). The total addressable market for gout treatments in North America approximates 3.5 million individuals, highlighting the significant opportunity for innovative therapies.
The existing treatment landscape is largely dominated by allopurinol; however, its alternatives, such as Febuxostat, have seen decreased usage after receiving Black Box warnings due to safety concerns. This has created a vital gap in the market that XORTX aims to fill with XRx-026, potentially offering a safe and effective alternative for a portion of the gout patient population that remains underserved. Overall, XORTX is committed to advancing its therapeutic pipeline, which also includes treatments for other kidney-related conditions.
MWN-AI** Analysis
XORTX Therapeutics Inc. (NASDAQ: XRTX) has recently announced the initiation of its late-stage program XRx-026 specifically targeting gout patients who are intolerant to allopurinol. This move enhances XORTX's existing pipeline, which includes their promising product, XORLO TM, aimed at addressing kidney disease.
The introduction of XRx-026 represents a significant opportunity in the gout treatment market, as current options for patients without access to traditional therapies like allopurinol are limited. Approximately 3 to 5% of gout patients experience intolerance to allopurinol, representing a niche yet substantial segment of the overall 3.5 million individuals diagnosed with gout in North America. Given that previous alternatives such as Febuxostat have been marred by safety concerns leading to a decline in use, XRx-026 could fill an essential gap for physicians seeking safe, effective treatments.
As XORTX consults with the FDA regarding its New Drug Application (NDA), investors should closely monitor the outcomes of these discussions. Successfully obtaining orphan drug designation could facilitate expedited approval processes, providing a competitive edge in the marketplace. Additionally, XORTX's strategic focus on hyperuricemia and its associated health risks—such as kidney stones and cardiovascular disease—positions the company favorably amidst growing awareness of these conditions.
Investing in XORTX carries inherent risks, including regulatory uncertainties and the general challenges associated with clinical trials. However, given the compelling market need and the company's demonstrated commitment to addressing unmet medical needs in the gout market, XORTX presents an intriguing investment opportunity.
Analysts suggest monitoring XORTX's developments closely, particularly any announcements concerning FDA interactions in 2025, as positive motions could trigger upward momentum in stock performance. The biopharmaceutical sector’s volatile nature underscores the importance of evaluating personal risk tolerance before engaging with equity in XORTX.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
CALGARY, Alberta, Jan. 06, 2025 (GLOBE NEWSWIRE) -- XORTX Therapeutics Inc. (" XORTX " or the “ Company ”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late stage clinical pharmaceutical company focused on developing innovative therapies to treat progressive kidney disease, announces the launch of a new late stage program to treat gout. The new drug development program - XRx-026 - will focus on the treatment of individuals who have gout and are intolerant to allopurinol.
With the clinical development of XORLO TM 1 having advanced sufficiently, including completion of a pivotal program, XORTX is initiating discussions for the XRx-026 program with the US Food and Drug Administration (“FDA”) regarding preparation of a New Drug Application (“NDA”). Pending FDA feedback, the Company will also seek FDA orphan drug designation (“ODD”) and NDA marketing approval for the XRx-026 program. Previously, oxypurinol was granted ODD for allopurinol intolerant gout.
Dr. Allen Davidoff commented, “Oxypurinol has been demonstrated to be safe and effective in clinical studies focused on the treatment of individuals with gout who are intolerant to allopurinol. Intolerance to allopurinol remains an important issue for many patients and physicians and the XRx-026 program has demonstrated the potential to address this unmet medical need. XORTX will consult with the FDA during the first half of 2025, regarding requirements to file a NDA.”
About Hyperuricemia, Gout and Health Consequences
The breakdown of nucleotides in the blood occurs through purine metabolism and results in the formation of uric acid by the xanthine oxidase enzyme. However, chronically high blood uric acid concentrations (hyperuricemia) have been associated with health consequences including gout, kidney stones, diabetes, cardiovascular disease, and renal failure. Worldwide, approximately 14% of individuals have hyperuricemia and an estimated 1 to 2% have gout. Lowering blood levels of uric acid in gout patients is strongly correlated with improved health outcomes.
Addressable Gout Market Opportunity
In North America, approximately 3.5 million people suffer from gout due to elevated uric acid levels in blood. The therapeutic options to lower uric acid levels include three major classes of drugs: (i) oral uricosurics that are used to decrease the reabsorption of uric acid by the kidney; (ii) intravenous uricase enzymes that are used to metabolize uric acid in the blood for excretion; and (iii) oral xanthine oxidase inhibitors (“XOIs”) that are used to inhibit the production of uric acid. XOIs are the preferred first-line treatment for gout. Allopurinol is the most commonly prescribed XOI, with approximately 3 million prescriptions written per year in North America, however 3 to 5% of patients cannot tolerate allopurinol. An alternative XOI, Febuxostat, launched in the US in 2009 with the hope of treating allopurinol intolerant patients, however while Febuxostat achieved peak sales of approximately US$450 million 2 , it now carries a Black Box warning due to its associated risk of sudden cardiovascular death and its use has declined significantly. This decline in Febuxostat use has created an opportunity for a novel XOI to address the underlying unmet medical need which the XRx-026 program aims to fill.
About XORTX Therapeutics Inc.
XORTX is a pharmaceutical company with three clinically advanced products in development: 1) our lead, XRx-008 program for ADPKD; 2) our XRx-026 program for the treatment of allopurinol intolerant gout; and 3) our secondary program in XRx-101 for acute kidney and other acute organ injury associated with Coronavirus / COVID-19 infection. In addition, XRx-225 is a pre-clinical stage program for Type 2 Diabetic Nephropathy. XORTX is working to advance its clinical development stage products that target aberrant purine metabolism and xanthine oxidase to decrease or inhibit production of uric acid. At XORTX, we are dedicated to developing medications to improve the quality of life and health of kidney disease patients and individuals with gout. Additional information on XORTX is available at www.xortx.com .
For more information, please contact:
| Allen Davidoff, CEO | Nick Rigopulos, Director of Communications |
| adavidoff@xortx.com or +1 403 455 7727 | nick@alpineequityadv.com or +1 617 901 0785 |
Neither the TSX Venture Exchange nor Nasdaq has approved or disapproved the contents of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
Forward Looking Statements
This press release contains express or implied forward-looking statements pursuant to applicable securities laws. These forward-looking statements include, but are not limited to, the Company's beliefs, plans, goals, objectives, expectations, assumptions, estimates, intentions, future performance, other statements that are not historical facts and statements identified by words such as "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates" or words of similar meaning. These forward-looking statements and their implications are based on the current expectations of the management of XORTX only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such risks, uncertainties, and other factors include, but are not limited to, our ability to obtain additional financing; the accuracy of our estimates regarding expenses, future revenues and capital requirements; the success and timing of our preclinical studies and clinical trials; the performance of third-party manufacturers and contract research organizations; our plans to develop and commercialize our product candidates; our plans to advance research in other kidney disease applications; and, our ability to obtain and maintain intellectual property protection for our product candidates. Except as otherwise required by applicable law and stock exchange rules, XORTX undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting XORTX is contained under the heading “Risk Factors” in XORTX’s Annual Report on Form 20-F filed with the SEC, which is available on the SEC's website, www.sec.gov (including any documents forming a part thereof or incorporated by reference therein), as well as in our reports, public disclosure documents and other filings with the securities commissions and other regulatory bodies in Canada, which are available on www.sedarplus.ca .
1 XORLO TM is XORTX’s proprietary formulation of oxypurinol, that has granted US and EU patents.
2 Source: Takeda Pharmaceutical Company 2018 Annual Report.
FAQ**
How does Xortx Therapeutics Inc. XRTX:CC plan to differentiate the XRx-026 program from existing treatments for allopurinol intolerant gout in terms of safety and efficacy?
Can Xortx Therapeutics Inc. XRTX:CC provide updates on the expected timeline for the NDA submission and potential FDA orphan drug designation for the XRx-0program?
What specific unmet medical needs does Xortx Therapeutics Inc. XRTX:CC aim to address with the development of the XRx-026 program, particularly in comparison to other gout treatments?
In light of the decline in Febuxostat use, what market strategies does Xortx Therapeutics Inc. XRTX:CC intend to employ to capture a share of the North American gout treatment market with XRx-026?
**MWN-AI FAQ is based on asking OpenAI questions about XORTX Therapeutics Inc. (NASDAQ: XRTX).
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