New York, August 12, 2024 - PRISM MarketView - Today the clinical stage biotechnology company Lipella Pharmaceuticals (LIPO) announced the dosing of the first two patients with LP-310 in its Phase 2a clinical trial in Oral Lichen Planus (OLP) patients. Approximately 6M Americans suffer from OLP, a chronic inflammatory condition affecting mucous membranes in the mouth that can cause burning and pain in addition to white patches, swollen tissue or open sores. There are no current FDA approved therapies for OLP.
Lipella’s Phase 2a trial is a multicenter, dose ranging study that involves both male and female adults experiencing symptomatic OLP. LP-310 is a novel liposomal-tacrolimus oral rinse based on the company’s lead candidate LP-10, which is also being evaluated for hemorrhagic cystitis. This study is expected to conclude in mid-2025. Lipella Pharmaceuticals anticipates reporting top-line data from the study by the end of 2024.
"Oral Lichen Planus poses significant challenges, including severe pain, risk of infections, scarring and potential malignant transformation, and the psychological burden on patients further exacerbates the condition. Current treatments are largely palliative. Our goal with LP-310 is to address the underlying mechanisms of OLP, aiming for substantial symptom relief and reduced risk of complications, and to deliver the first approved drug treatment for Oral Lichen Planus to this underserved patient population.”
Dr. Michael Chancellor, Chief Medical Officer of Lipella
About Lipella Pharmaceuticals
Lipella is a clinical-stage biotechnology company focused on developing new drugs by reformulating the active agents in existing generic drugs and optimizing these reformulations for new applications. Additionally, Lipella maintains a therapeutic focus on diseases with significant, unaddressed morbidity and mortality where no approved drug therapy currently exists. Lipella completed its initial public offering in December 2022. For more information, please visit www.lipella.com or LinkedIn.
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