Oragenics, Inc. Announces Health and Disability Ethics Committee Submission for Phase IIa Concussion Trial
April 09 2025 - 8:58AM
Oragenics, Inc. (NYSE American: OGEN), a biotechnology company
focused on developing novel intranasal therapies for brain-related
conditions, today announced that it has submitted a clinical trial
protocol for regulatory review to the Health and Disability Ethics
Committee (HDEC) in New Zealand.
This submission marks a critical milestone in
advancing the Company’s Phase II clinical trial evaluating ONP-002,
its proprietary neurosteroid therapy, for the treatment of mild
traumatic brain injury (mTBI) or concussion. Pending approval,
Oragenics expects to initiate patient enrollment in the region and
expand the study’s geographic reach. The trial is expected to be
conducted at Christchurch Hospital in New Zealand, the largest
tertiary, teaching, and research hospital on the South Island.
Christchurch Hospital provides a full range of emergency, acute,
elective, and outpatient services, and its Emergency Department is
one of the busiest in Australasia, treating more than 83,000
patients annually.
“Submitting our HDEC application is a pivotal
step toward advancing ONP-002 and addressing the critical need for
effective concussion treatments,” said Janet Huffman, Interim Chief
Executive Officer of Oragenics. “With patient enrollment planned in
both Australia and New Zealand, including at Christchurch
Hospital—one of the region’s leading research institutions—we are
hoping to expand our global clinical footprint. We look forward to
regulatory feedback and moving closer to bringing this much-needed
therapy to patients.”
No pharmaceutical therapy is available for
treating concussion, an unmet medical need. These clinical trials
mark the first time a novel chemical drug entity has been tested
for efficacy in this patient population. ONP-002 is designed for
intranasal administration, offering a non-invasive and efficient
route for drug delivery to the brain. The therapy has demonstrated
promising results in preclinical models, reducing inflammation,
oxidative stress, and brain swelling associated with concussion. A
Phase I clinical study proved the drug to be safe and
well-tolerated in healthy human volunteers.
Investor Contact
Rich Cockrell866.889.1972ogen@cg.capital
About Oragenics, Inc.
Oragenics is a biotechnology company focused on
developing intranasal therapeutics for neurological disorders,
including its lead candidate, ONP-002, for the treatment of mild
traumatic brain injury (mTBI) or concussion. The Company is also
advancing proprietary powder formulations and intranasal delivery
technology to enhance drug administration. For more information,
visit www.oragenics.com.
Forward-Looking StatementsThis
communication contains “forward-looking statements” within the
meaning of the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995. These forward-looking
statements are based on management’s beliefs and assumptions and
information currently available. The words “believe,” “expect,”
“anticipate,” “intend,” “estimate,” “project” and similar
expressions that do not relate solely to historical matters
identify forward-looking statements. Investors should be cautious
in relying on forward-looking statements because they are subject
to a variety of risks, uncertainties, and other factors that could
cause actual results to differ materially from those expressed in
any such forward-looking statements. These factors include, but are
not limited to, those described in our Form 10-K and other filings
with the U.S. Securities and Exchange Commission. All information
set forth in this press release is as of the date hereof. You
should consider these factors in evaluating the forward-looking
statements included in this press release and not place undue
reliance on such statements. We do not assume any obligation to
publicly provide revisions or updates to any forward-looking
statements, whether as a result of new information, future
developments or otherwise, circumstances should change, except as
otherwise required by law.
Oragenics (AMEX:OGEN)
Historical Stock Chart
From Apr 2025 to May 2025
Oragenics (AMEX:OGEN)
Historical Stock Chart
From May 2024 to May 2025