EXCLUSIVE: NanoViricides' Remdesivir-Encapsulated COVID-19 Therapy Shows Encouraging Preclinical Safety Profile

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  • NanoViricides Inc NNVC has reported significant advantages gained by remdesivir encapsulation within its lead COVID-19 candidate, thus showing a potential pan-coronavirus cure.
  • Related Link: EXCLUSIVE: NanoViricides Beefs Up Its COVID-19 Pipeline With TheraCour Licensing Pact.
  • The Company is currently pursuing two COVID-19 drug candidates.
  • NV-CoV-2 is a nanoviricide drug candidate that does not encapsulate remdesivir. 
  • NV-CoV-2-R is another candidate made up of NV-CoV-2 with remdesivir encapsulated in it. Remdesivir was developed by Gilead Sciences Inc GILD.
  • The animal study showed that almost double the remdesivir remained intact in plasma when given as the encapsulated NV-CoV-2-R form, compared to the standard remdesivir formulation in Sulfobutylether-β-cyclodextrin sodium salt (SBECD), during the first day of dosing. 
  • Additionally, remdesivir accumulation was observed on repeated dosing of NV-CoV-2-R. 
  • After the fifth dose and following the standard remdesivir dosing pattern, the circulating level of remdesivir in plasma was 75% greater in the NV-Cov-2-R group than in the remdesivir group. 
  • The increased intact circulating level did not increase toxicity. 
  • These data demonstrate that the pan-coronavirus nanopviricide drug candidate NV-CoV-2-R minimizes the loss of remdesivir to bodily metabolism. 
  • Price Action: NNVC shares closed 5.72% lower at $3.79 on Monday.
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