Cellceutix reports encouraging early data from mid
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Mar. 8, 2017 11:36 AM ET|About: Cellceutix Corp. (CTIX)|By: Douglas W. House, SA News Editor
Thinly traded nano cap Cellceutix (OTCQB:CTIX +3.8%) perks up on the heels of its announcement of positive interim results from a Phase 2 clinical trial assessing antibiotic Brilacidin to induce remission in patients with mild-to-moderate ulcerative colitis (UC).
All 12 subjects in the first two cohorts achieved a beneficial response, while 50% achieved clinical remission at day 42. The remaining six patients achieved a partial response.
Brilacidin is a member of a new class of antibiotics called defensin-mimetics, which are modeled after host defense proteins. These are the "front line" of defense in the human immune system. An oral rinse formulation is in Phase 2 development for the treatment of chemoradiation-associated oral mucositis.
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