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Rexahn Pharmaceuticals An Undiscovered Biotech With Multiple Catalysts Poised to See Significant Price Moves in the Short Term
 
 

  
RNN $.79
Shares Outstanding 71.92 M
Float: 42.80 M
2/11/2010
 

 BioMedReports.Com, the news portal which covers Wall Street's biomedical sector and delivers financial and investment intelligence to a community of highly informed investors, is reporting that Rexahn Pharmaceuticals has gone almost completely undiscovered by most investors in the space of thousands of publicly traded biotechnology and health care companies. Until now.

 
 Rexahn Pharmaceuticals, Inc., a clinical stage biopharmaceutical company, engages in the discovery, development, and commercialization of treatments for cancer, central nervous system (CNS) disorders, sexual dysfunction, and other unmet medical needs in the United States. The company's drug candidates in Phase II clinical trials include Archexin, a inhibitor of the protein kinase Akt for the treatment of renal cell carcinoma and pancreatic cancer; Serdaxin for the treatment of depression and neurodegenerative disorders; and Zoraxel, a CNS-based sexual dysfunction drug product for the treatment of sexual dysfunction.

Its pre-clinical pipeline products include RX-0201-Nano, a nanoliposomal anti-cancer Akt-1 inhibitor; RX-0047-Nano, a nanoliposomal anti-cancer HIF-1 alpha inhibitor; Nano-polymer anticancer drugs; RX-0183, small molecule targeted anticancer drug candidate; RX-5902, small molecule microtubule inhibitor anticancer drug candidate; and RX-3117, small molecule anti-metabolite nucleoside anticancer drug candidate. Rexahn Pharmaceuticals has collaboration and license arrangements with UPM Pharmaceuticals, Inc.; Korean Research Institute of Bioscience and Biotechnology; Ewha Womans University; Korea Research Institute of Chemical Technology; The University of Maryland; The University of Maryland Baltimore; Revaax Pharmaceuticals LLC; Formatech, Inc.; and TheraTarget. The company is based in Rockville, Maryland.

Archexin

First in Class Potent Anti-cancer Akt Inhibitor:

ArchexinTM is a first-in-class, potent inhibitor of the Akt-1 protein kinase in cancer cells. ArchexinTM is in Phase II trials for treatment of renal cell carcinoma (RCC) and pancreatic cancer, and has US FDA orphan drug designations for five cancers (RCC, glioblastoma, and cancers of ovary, stomach and pancreas). Multiple indications for other solid tumors can also be pursued. ArchexinTM is an antisense oligonucleotide (ASO) compound that is complementary to Akt mRNA, and highly selective for inhibiting mRNA expression and production of Akt protein. Akt activation leads to cancer cell survival, proliferation, and angiogenesis. Both native and activated forms of Akt are involved in cancer cell signaling. Activated Akt also play a role as a drug resistance mechanism, in particular, of targeted therapies.

ArchexinTM is the first anticancer drug that inhibits both forms of Akt, with the potential to inhibit cancer survival and proliferation, angiogenesis and drug resistance. In the ArchexinTM Phase I clinical study, grade 3 (G3) fatigue was the only dose limiting toxicity observed. No significant hematological effects or other adverse events were observed.

The ArchexinTM Phase II study goals are to assess efficacy and safety in treating advanced RCC and pancreatic cancer. The primary study endpoint is objective tumor response. Other endpoints include survival (PFS, OS), biomarkers, and quality of life measures. We will conduct clinical trials concurrently and globally to expand indications.
 
RX-0047-Nano

Nanoliposomal anti-cancer HIF-1α inhibitor
RX-0047-Nano is a nanoliposomal cancer drug candidate that selectively inhibits expression of the HIF-1α transcription factor. HIF-1α is a key signaling molecule in angiogenesis, cancer cell survival and invasion, and radiation resistance. RX-0047 is a first-in-class anticancer candidate that directly inhibits expression of mRNA and protein of HIF-1α.

HIF-1α is over-expressed in a broad range of human cancers, and associated with increased cancer mortality and resistance.
In preclinical studies, RX-0047 significantly downregulated expression of HIF-1α mRNA and protein. At nanomolar concentrations, RX-0047 reversed resistance in radiation-resistant cancer cells. RX-0047 inhibited growth of solid tumors in lung as well as prostate cancer xenograft models, and significantly blocked metastasis in a lung metastatic model. RX-0047-Nano is expected to provide significant clinical benefits including targeted higher cellular uptake, extended circulation time, reduced drug-related toxicity, and improved efficacy.
 
Zoraxel
 
Sexual Dysfunction
ZoraxelTM is a CNS-based sexual dysfunction drug that is being developed to treat Erectile Dysfunction (ED), and has extensive safety in humans. ZoraxelTM is a dual serotonin and dopamine enhancer in the brain, where these neurotransmitters play a key role in three phases (sexual motivation-arousal, erection and release) of sexual activity. ZoraxelTM may be the first ED drug to affect all three phases of the sexual activity. In preclinical studies and animal models, ZoraxelTM significantly improved sexual performance and suggested positive behavioral effects on sexual motivation and arousal.

Erectile dysfunction (ED) is defined as the consistent inability to attain and maintain an erection sufficient for satisfactory sexual intercourse. Erectile problems may be due to psychogenic causes (e.g., depression or stress) or 'organic' causes. In many cases, both organic and psychogenic factors are present. The launch of Viagra in 1998 as the first orally available phosphodiesterase (PDE)-5 inhibitor established a new standard of care for ED, and pioneered the ED market. Cialis and Levitra were subsequently launched in 2003 as second-generation PDE-5 inhibitor drugs. Beyond the leading PDE-5 inhibitors, there is currently no single class of ED drugs to dominate the ED pipeline. An estimated 30% of US men are refractory to the leading PDE-5 inhibitor drugs, which work peripherally and mechanically. Certain segments of the ED patient population that respond less to PDE-5 inhibitors include diabetics, obese or post-surgical prostatectomy or coronary risk patients. PDE-5 inhibitors may have significant drawbacks of cardiovascular risks and other side effects (e.g., priapism, severe hypotension, myocardial infarction, ventricular arrhythmias, sudden death and increased intraocular pressure).

Rexahn is developing ZoraxelTM as an orally available drug that has extensive safety and addresses specific features of male ED. Unlike the PDE-5 inhibitors working at the peripheral blood vessel and only mechanically affecting erection, ZoraxelTM is centrally acting and works in the brain and affects all three functions of sexual activity, i.e. sexual arousal, erection, and release. ZoraxelTM is well tolerated and appears to lack serious side effects associated with PDE-5 inhibitors. ZoraxelTM may be superior to PDE-5 inhibitors, and offer clinical benefits over dopamine agonists. Phase II trials are ongoing for 2009 for ZoraxelTM.
 

Contact

 
Rexahn Pharmaceuticals, Inc.
15245 Shady Grove Road
Suite 455
Rockville, MD 20850
United States -
 Map
Phone: 240-268-5300
Fax: 240-268-5310
Web Site:
 
http://www.rexahn.com