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3 stories mentioning ASX:RCEUpdated 22m ago

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Asia

Recce Says HREC Approval Progresses Phase 3 Clinical Trial of Diabetic Foot Infections Treatment Candidate

Recce Pharmaceuticals (ASX:RCE) said the Human Research Ethics Committee (HREC) approved a protocol amendment to its phase two clinical trial of Recce 327 topical gel treatment candidate for diabetic foot infections, advancing the study to a pivotal phase three clinical trial, according to a Monday Australian bourse filing.A pivotal phase three trial is considered a registrational study designed to generate the safety and efficacy data required to support regulatory approval applications. The trial has treated 18 of a potential 200 total patients and full enrollment is expected by the end of 2027.The protocol amendment expands eligibility to include moderate infection patients in addition to mild infection patients.The company said its completed phase two trial achieved a 93% primary efficacy endpoint at day 14 and 86% clinical response by day seven.Recce Pharmaceuticals' shares rose 1% in recent trading on Monday.

ASX:RCE
Asia

Recce Pharmaceuticals Enters Proposed 10-Year Exclusive Licensing Nonbinding Agreement with Middle Eastern Firm, Shares Rise 10%

Recce Pharmaceuticals (ASX:RCE) entered into a non-binding term sheet with a Middle Eastern pharmaceutical company for a proposed 10-year exclusive licensing arrangement covering the commercial sales and distribution of Recce's proprietary R327 topical gel for the treatment of diabetic foot infections, according to a Wednesday Australian bourse filing.The agreement covers Saudi Arabia, the United Arab Emirates, Kuwait, Oman, Bahrain, Qatar, Iraq, Egypt, Algeria, and Morocco. Recce will be responsible for the manufacture and supply of the R327 topical gel.The agreement is expected to include an upfront signing fee, together with milestone payments totalling up to $3.5 million. Recce is also expected to receive 30% of the net selling price, with an additional 6% annual royalty on net sales of over $50 million per year. The proposed selling price is $1,500 per treatment, subject to agreement with the regulatory authority in Saudi Arabia.The parties are collaborating to finalize and execute a definitive agreement.Its shares rose 10% in recent trading on Wednesday.

ASX:RCE
Asia

Recce Pharmaceuticals Says Indonesian Regulator Completes Routine Regulatory Inspection of Phase Three Clinical Trial Site

Recce Pharmaceuticals (ASX:RCE) said the Indonesian National Agency of Drug and Food Control completed a comprehensive routine regulatory inspection of a phase three clinical trial site in Indonesia, with no findings noted that prevent the study from continuing, according to a Tuesday Australian bourse filing.The phase three clinical trial for the treatment of diabetic foot infections is advancing patient dosing, and it is on track to produce interim data from 155 patients.The firm's shares rose 2% in recent trading on Tuesday.

ASX:RCE

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