The Market Online - At The Bell

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

Recce Pharmaceuticals (ASX:RCE) has confirmed its completion of the latest fast-infusion study using its R327 anti-infective as an IV drug.

Notably, this time, the company has wrapped up a test that saw the fastest infusion times to date yet tested on patients.

The company touts its flagship R327 as an alternative antibiotic treatment (“anti-infective”) with a wide range of applications. Today’s news relates to a Urinary Tract Infection (UTI) trial, but the company is also exploring the use of the compound on post-diabetic surgery wound infections.

Six patients took place in the latest fast-infusion trial with recipients being dosed with 4000mg via IV drip.

The value proposition behind these trials is that infusion took only 20 minutes – a far cry from the first trials which took far longer. The company is, in short, seeing how quickly it can fill someone up with R327 – and kill off UTI in a one-dose sitting.

To this end, a safety committee will now review the latest (and pre-existing) trial data towards producing a report outlining the product’s risks, if any are detected. These procedures are required for full-fledged greenlight down the line.

That committee is set to report back within six weeks.

“We have successfully reached a new milestone in this trial by administering a 4,000mg dose over a fast 20-minute infusion to all subjects, the highest dosage achieved so far in this clinical trial,” Recce CEO James Graham said.

“This is a significant step forward in bringing us closer to establishing R327 as a leading treatment for those suffering from UTI/Urosepsis.”

RCE last traded at 57cps.

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

Market Close: ASX 200 rallies as risk appetite returns, but business confidence weakens

The Australian sharemarket finished firmly higher today with the S&P/ASX 200 adding 106.50 points, or 1.18%, to close at 9,136.20.

EVE Health Group signs Australian compounding agreement for rapidly rising Men’s Health issue

EVE Health Group has signed an agreement with Optimal Pharmacy Plus Stafford aimed at the Australian…

Nanoveu’s EMASS signs DigiKey as Global Distributor for ECS-DoT-22

Nanoveu's wholly-owned subsidiary EMASS has signed DigiKey as its global distributor for ECS-DoT-22 system.
The Market Online Video

Wealth Within: Wall Street Tech Sinks While ASX Tech Soars

Wall Street’s technology stocks have been hammered, with the Nasdaq plunging 5.5 per cent in a single session and Nvidia falling more tha…