Recce Pharmaceuticals (ASX:RCE) - CEO, James Graham
CEO, James Graham
Source: Recce Pharmaceuticals
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Recce Pharmaceuticals (RCE) recruits the first cohort of patients for its Phase 1 intravenous clinical trial of its lead compound RECCE 327 (R327)
  • The trial is an ascending dose, randomised, placebo-controlled, double-blind study evaluating the safety and pharmacokinetics of R327 in 10 healthy male subjects
  • The lead compound is administered as a single dose via a one-hour IV infusion with all 80 subjects expected to be dosed by the end of H1 2022
  • The first cohort will be dosed over two days starting on December 16 with the first set of safety subject data anticipated at the end of 2021
  • Recce Pharmaceuticals is up 3.17 per cent to $0.98 per share at 11:47 am AEDT

Recce Pharmaceuticals (RCE) has recruited the first cohort of patients for its Phase 1 intravenous clinical trial of its lead compound RECCE 327 (R327).

The trial is an ascending dose, randomised, placebo-controlled, double-blind study evaluating the safety and pharmacokinetics of R327 in 10 healthy male subjects.

The trial is being conducted at Adelaide’s CMAX clinical trial facility and will enrol 80 healthy male subjects in total.

The lead compound is administered as a single dose via a one-hour IV infusion with all 80 subjects expected to be dosed by the end of H1 2022.

“We are very pleased to have the first cohort recruited for the clinical trial of R327,” CEO James Graham said.

“According to the Pew Charitable Trusts, R327 is the only clinical-stage antibiotic in the world being developed for sepsis, representing the largest unmet medical need in human health, the potential medical benefits are very significant indeed.”

The first cohort will be dosed over two days starting on December 16 with the first set of safety subject data anticipated at the end of 2021.

Recce Pharmaceuticals is up 3.17 per cent to $0.98 per share at 11:47 am AEDT.

RCE by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX signs off on a sigh with all sectors red-lining

The ASX200 finished 1.3 per cent down with every sector in the red and Industrials and Real Estate brittle and bruised as bot…

Week 17 Wrap: BHP-Anglo deal helps push down ASX; US data of concern but AI bulls happy

The big thematics and headlines that drove the ASX this week, plus, the headlines I think…
The Market Online Video

Market Update: ASX on red alert with all sectors below the surface

The ASX200 is trading down around 1.1% with all eleven sectors in the red. Real-estate has…

ResMed spikes on robust results and global growth spurt

ResMed shares have climbed following the release of the company's strong Third Quarter FY2024 results.