JERUSALEM, ISRAEL--(Dec 8, 2015) - Intec Pharma Ltd. (NASDAQ: NTEC) (TASE: INTP), a clinical-stage biopharmaceutical company focused on developing drugs based on its proprietary Accordion Pill platform technology, today announced that it is entering a Phase I clinical trial with its third pipeline product.
The product is being developed for the prevention and treatment of gastroduodenal and small bowel Nonsteroidal Anti-Inflammatory Drug (NSAID) induced ulcers.
Many drugs, such as proton pump inhibitors, are currently used for protecting the stomach and duodenum from NSAID induced damages, such as ulcers. Technological improvements in the detection of the small intestine have shown that these injuries, associated with NSAID usage, also occur frequently in the small intestine. Currently, there are no proven-effective therapies for these injuries in the small intestine.
The Company's pipeline product is based on a new Accordion Pill formulation with an existing drug.
The Phase 1 clinical trial is a three arm, cross-over, single dose PK study, in 18 healthy volunteers. The trial will compare the plasma levels of the drug when given with two different doses of the Accordion Pill with those of the current formulation of the existing drug. The aim of the trial is to determine what Accordion Pill formulation will be used in later clinical stage studies.
Zeev Weiss, CEO of Intec Pharma, said: "We are excited to enter the clinical stage with our third pipeline product, expanding the range of drugs and indications that we believe our Accordion Pill technology can be used for."
About Intec Pharma Ltd.
Intec Pharma Ltd. is a clinical stage biopharmaceutical company focused on developing drugs based on its proprietary Accordion Pill platform technology. The Company's Accordion Pill is an oral drug delivery system that is designed to improve the efficacy and safety of existing drugs and drugs in development by utilizing an efficient gastric retention and specific release mechanism. The Company's product pipeline currently includes three product candidates in clinical trial stages: Accordion Pill Carbidopa/Levodopa, or AP-CDLD, which is being developed for the indication of treatment of Parkinson's disease symptoms in advanced Parkinson's disease patients, Accordion Pill Zaleplon, or AP-ZP, which is being developed for the indication of treatment of insomnia, including sleep induction and the improvement of sleep maintenance, and an Accordion Pill that is being developed for the prevention and treatment of gastroduodenal and small bowel Nonsteroidal Anti-Inflammatory Drug induced ulcers.
Forward Looking Statements
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Intec Pharma Ltd.
Chief Executive Officer
(+972) (2) 586-4657
Phone (+1) 212 554-5482
Phone (+1) 646 863-8998
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