Monday, ARS Pharmaceuticals Inc SPRY released efficacy results in its phase 2 inpatient chronic spontaneous urticaria study with neffy (epinephrine nasal spray), an investigational new drug.
The trial met its primary endpoints, with 1 mg and 2 mg neffy demonstrating statistically significant and clinically meaningful changes from baseline in itch, hives, urticaria, and erythema scores as early as 5 minutes after dosing.
There was no meaningful difference in efficacy on patient-reported itch severity score, patient-reported hives severity score, investigator-related extent of urticaria, or investigator-related erythema score between 1 mg and 2 mg neffy doses, indicating that the 1 mg dose may be sufficient to activate the beta-2 adrenergic receptors responsible for stopping the mast cell degranulation and allergic mediator release that leads to an urticaria flare.
Neffy was well-tolerated, with adverse events reported in 8 subjects, all mild or moderate in severity. The most common adverse event reported was nasal discomfort in 5 subjects. There were no serious adverse events.
Urticaria is a skin disorder driven by mast cell degranulation and histamine release, which causes itchy wheals (hives), angioedema, or both. In the United States, the annualized incidence is approximately 5 million cases. 50% of chronic urticaria cases are non-responsive to first-line antihistamine therapy.
ARS Pharma plans to initiate a placebo-controlled outpatient urticaria study in patients treated with antihistamines who experience frequent acute flares later in 2024, followed by the potential initiation of a single pivotal efficacy study in 2025. This would follow the anticipated FDA approval of neffy for allergic reactions (Type I), including anaphylaxis, in the second half of 2024.
Price Action: SPRY shares are up 5.15% at $8.78 on the last check Monday.
Photo: Darko Stojanovic from Pixabay
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.