PainReform Announces Favorable Safety Profile of PRF-110, Indicating Potential for Use in New Surgical Applications Requiring Higher Doses
August 07 2024 - 10:00AM
PainReform Ltd. (Nasdaq: PRFX)
("
PainReform" or the "
Company"),
a clinical-stage specialty pharmaceutical company focused on the
reformulation of established therapeutics, today announced
compelling safety data for its lead product candidate, PRF-110.
This data, derived from pharmacokinetic (PK) studies in both
herniorrhaphy and bunionectomy clinical trials, highlights
PRF-110's promising safety profile, with maximum blood levels
(Cmax) recorded at approximately 10% of the FDA-established safety
threshold.
Local anesthetics, such as ropivacaine—the
active pharmaceutical ingredient (API) in PRF-110—and bupivacaine,
the API in other products like Exparel and Zynrelef, are known for
their correlation between Cmax levels and the risk of
cardiovascular toxicity and central nervous system (CNS) adverse
events. The threshold for these adverse events is typically between
2000-4000 ng/ml (Clinical Drug Investigation, 2013, 33 pp.
109-115). The results from the PRF-110 studies suggest that the
product remains well within safe limits, underscoring its potential
for broader surgical applications.
PRF-110 is a viscous, oil-based, clear solution
designed for direct application into the surgical wound bed before
closure, providing localized and extended postoperative analgesia.
The formulation ensures controlled release of the API over time,
avoiding dose dumping. The use of ropivacaine in PRF-110, regarded
as the safest long-acting local anesthetic (Local and Regional
Anesthesia, 2010; 3: 11–19), is a significant advantage, offering
the potential for higher doses and larger product volumes in
various surgical operations compared to other anesthetics.
“The safety data we’ve observed with PRF-110 is
highly encouraging and supports our belief in its potential to
enhance patient care in surgical settings,” said Ehud Geller,
Chairman and interim Chief Executive Officer of PainReform. “With
its favorable safety profile and the ability to use higher doses,
PRF-110 has the potential to address significant unmet needs in
postoperative pain management, well beyond just herniorrhaphy and
bunionectomy, thereby reducing reliance on opioids and improving
overall patient outcomes across a wide range of surgical
procedures.”
About PainReform
PainReform is a clinical-stage specialty
pharmaceutical company focused on the reformulation of established
therapeutics. PRF-110, the Company's lead product is based on the
local anesthetic ropivacaine, targeting the postoperative pain
relief market. PRF-110 is an oil-based, viscous, clear solution
that is deposited directly into the surgical wound bed prior to
closure to provide localized and extended postoperative analgesia.
The Company's proprietary extended-release drug-delivery system is
designed to provide an extended period of post-surgical pain relief
without the need for repeated dose administration while reducing
the potential need for the use of opiates. For more information,
please visit www.painreform.com.
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Statements
This press release contains forward-looking
statements about our expectations, beliefs and intentions including
with respect to objectives, plans and strategies and expected
timing of results. Forward-looking statements can be identified by
the use of forward-looking words such as "believe", "expect",
"intend", "plan", "may", "should", "could", "might", "seek",
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or their negatives or variations of these words or other comparable
words or by the fact that these statements do not relate strictly
to historical matters. These forward-looking statements are based
on assumptions and assessments made in light of management's
experience and perception of historical trends, current conditions,
expected future developments and other factors believed to be
appropriate. Forward-looking statements in this press release are
made as of the date of this press release, and we undertake no duty
to update or revise any such statements, whether as a result of new
information, future events or otherwise. Forward-looking statements
are not guarantees of future performance and are subject to risks
and uncertainties, many of which are outside of our control. Many
factors could cause our actual activities or results to differ
materially from the activities and results anticipated in forward-
looking statements, including, but not limited to, the following:
our ability to continue as a going concern, our history of
significant losses, our need to raise additional capital and our
ability to obtain additional capital on acceptable terms, or at
all; our dependence on the success of our initial product
candidate, PRF-110; the outcomes of preclinical studies, clinical
trials and other research regarding PRF-110 and future product
candidates; our limited experience managing clinical trials;
our ability to retain key personnel and recruit additional
employees; our reliance on third parties for the conduct of
clinical trials, product manufacturing and development; the impact
of competition and new technologies; our ability to comply with
regulatory requirements relating to the development and marketing
of our product candidates; our ability to establish and maintain
strategic partnerships and other corporate collaborations; the
implementation of our business model and strategic plans for our
business and product candidates; the scope of protection we are
able to establish and maintain for intellectual property rights and
our ability to operate our business without infringing the
intellectual property rights of others; the overall global economic
environment; our ability to develop an active trading market for
our ordinary shares and whether the market price of our ordinary
shares is volatile; and statements as to the impact of the
political and security situation in Israel on our business,
including due to the current war between Israel and Hamas. More
detailed information about the risks and uncertainties affecting us
is contained under the heading "Risk Factors" included in the
Company's most recent Annual Report on Form 20-F and in other
filings that we have made and may make with the Securities and
Exchange Commission in the future.
Contact: Crescendo
Communications, LLC Tel: 212-671-1021 Email:
prfx@crescendo-ir.com
Dr. Ehud Geller Chairman and interim Chief
Executive Officer PainReform Ltd. Tel: +972-54-4236711 Email:
egeller@medicavp.com
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