Total
0
Shares
Image Sourced ShutterStock
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Paradigm Biopharmaceuticals has seen more than 50 per cent reduction in knee pain across 205 patients
  • Data obtained will aid in assisting phase 3 of trials
  • Currently not registered for use in Australia

Paradigm Biopharmaceuticals has reported more than 50 per cent reduction in pain across 205 patients with knee osteoarthritis (OA).

Osteoarthritis is a type of arthritis which occurs when the flexible tissue surrounding joints wears down. Initially described as ‘wear and tear’, OA is now believed to be a result from joints working extra hard to repair themselves.

In knee OA the cartridge gradually wears away and becomes frayed and rough. This can result in bones rubbing against each other which produces bones spurs. It can make everyday activities such as walking, running and bending hard to do.

Current treatments include self care, therapies, surgery and a range of medications, however this condition can’t be cured.

Doctors at Paradigm Biopharmaceuticals have treated patients suffering OA with injectable pentosan polysulfate (PPS) under the Therapeutic Goods Administration Special Access Scheme.

PPS is a semi-synthetic drug manufactured from European beech xylan that produces a negatively charged product that mimics glycosaminoglycans, repeating sugar units.

These carbohydrates interact with proteins in the body which are involved with inflammation. Injectable PPS is currently not available for sale in Australia and is not registered.

Combining the reduction results of 22 patients with a previously reported 183 patients brings the average reduction in pain rate to 51.3 per cent across 205 patients.

In the 205 patients treated, 89.7 per cent responded with a reduction in joint pain and 91.2 per cent experienced an improvement in knee function.

These results, with real-work evidence, confirm that PPS has the potential to be used in patients with CEO Paul Rennie hoping it will be granted approval soon.

“We are very pleased to see that since October 2017 and after the report of the eight group of patients there is a consistent average knee pain reduction of greater than 50 per cent across 205 patients,” he said.

“Our strategy of obtaining real work evidence as we prepare our FDA IND submission for our phase 3 OA trial will provide valuable data on our newly manufactured phase 3 trial product,” he said.

PAR by the numbers
More From The Market Herald
Chimeric Therapeutics (ASX:CHM) - CEO and MD, Jennifer Chow

" Chimeric Therapeutics (ASX:CHM) completes first milestone on path to clinical trial

Chimeric Therapeutics (CHM) has manufactured its phase one plasmids for its clinical trial.
Rhythm Biosciences (ASX:RHY) - Chairman, Otto Buttula

" Rhythm Biosciences (ASX:RHY) nears ColoSTAT commercialisation

Cancer diagnostics technology company Rhythm Biosciences (RHY) has updated the market regarding the commercialisation of ColoSTAT.

" Epsilon (ASX:EPN) signs manufacturing agreement for Jamaican cannabis

Epsilon Healthcare (EPN) has signed a long term manufacturing agreement for Cannim’s Jamaican cannabis products.
Suda Pharmaceuticals (ASX:SUD) - CEO and MD, Michael Baker

" SUDA Pharmaceuticals (ASX:SUD) has insomnia treatment approved in Chile

SUDA Pharmaceuticals (SUD) has had its lead product, ZolpiMist, for short-term insomnia in adults, approved by the Chile Ministry of Health.