Sign In  |  Register  |  About Corte Madera  |  Contact Us

Corte Madera, CA
September 01, 2020 10:27am
7-Day Forecast | Traffic
  • Search Hotels in Corte Madera

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Acurx Pharmaceuticals Share Price And Volume Are Surging Ahead Of Phase 2b Trial Data Release ($ACXP)

Acurx Pharmaceuticals Share Price And Volume Are Surging Ahead Of Phase 2b Trial Data Release ($ACXP)

Acurx Pharmaceuticals, Inc. (NASDAQ: ACXP) stock is getting massive interest. Of course, the question is- why? Speculation is that its related to ACXP nearing a data release for its Phase 2b clinical trial targeting treatment for C. difficile, one of the most common causes of healthcare-associated infections in U.S. hospitals that is estimated to affect over 450,000 patients annually and, worse, is associated with approximately 20,000 deaths annually. That's just in the U.S. Using a global measure, that number gets a significant multiple.

But here's the bigger problem. Vancomycin, the current standard of care, has been shown to be relatively ineffective in stopping C. diff recurrence. But there could be excellent news on the way. Enter Acurx Pharmaceuticals.

They are advancing a drug candidate, ibezapolstat, through a Phase 2 clinical trial that is doing more than showing best-in-class treatment potential; it's also posting compelling evidence to fight recurrence all while several other drug candidates have failed.

Targeting Front-Line Designation To Treat C. diff

Those who have tried to achieve front-line therapy status but failed to successfully navigate the R&D gauntlet include Pfizer (NYSE: PFE), which missed meeting its primary endpoints in its Phase 3 CLOVER trial to treat C. diff. That miss added to the list of candidate failures from Sanofi (NYSE: SNY), which missed its endpoints back in 2017, and more recently, Summit Therapeutics (NYSE: SMMT), which published topline results that were far from impressive and missed their primary endpoint. Those three weren't the only ones disappointed to date. Another pharmaceutical company, Finch Therapeutics (NASDAQ: FNCH), recovered from a clinical hold setback in 2022 to post better results than the three listed, with 80.3% of trial participants receiving a single administration of its candidate following standard-of-care antibiotics achieved sustained clinical cure through eight weeks. Promising, yes. Better than ACXP? The data says NO.

Acurx published Phase 2a data that appears to be significantly better. The most significant advantage could be that compared to Finch's candidate, which focuses on the microbiome as a single dimension and has shown only a reduction in recurrent infection, ACXP's ibezapolstat is a dual-impact drug that addresses the direct infection and, to date, avoids recurrent infection altogether. Not only that, it restores the microbiome, a critical consideration. That difference alone supports a persuasive and data-driven argument that ACXP's ibezapolstat candidate is seemingly better than Finch's one-dimension drug in cases of multiple recurrent infections. 

If that's the case, ACXP's candidate is on a better path to earning the preferred first-line treatment designation. Moreover, other than Finch', no other candidate looks close to emerging as a serious threat to ACXP's ibezapolstat's intended front-line position. Posters presented in September and October support that potential.

Highlights include ibezapolstat showing in-vitro potency, anti-virulence activities, high human fecal concentrations, 100% Clinical Cure rate in a 10-patient open-label trial, favorable safety profile to date, and potentially beneficial effects on the gut microbiome. That's not all. Ibezapolstat showed variable selectivity against Firmicutes, helping to elucidate its narrow spectrum of activity against certain pathogenic Firmicutes, including C. difficile. No other known drug, or the company behind it, has achieved similar positive data. That fact could be drawing interest. And plenty of it.

A Volume Surge In October

Some may be coming from partnership, licensing, or even a buyout interest. But the latter is doubtful, especially with an ACXP team that understands and can fully appraise the value inherent to its ibezapolstat candidate. Still, if the adage that "volume precedes price" is an indication, the path of least resistance for ACXP shares is higher.

Consider this: before October, the highest volume day for ACXP shares was 134,200, posted in July. Most days, less than 100k shares exchange hands. However, that all changed in October. Since its start, ACXP's lowest volume day was 367,300. But that's half of the story. The more compelling signal is that ACXP, on its highest days, scored volumes of 9.6 million, 7.7 million, 8.2 million, and 2.9 million, respectively. Keep in mind that at latest countACXP has only approximately 13.01million shares outstanding and a float of just 9.36 million. Calculating the remaining October trading days that posted volume above the 367k noted, ACXP stock has traded over 4X its entire float. No news was on the wires, and, no, ACXP is not part of any penny stock promotion. Instead, there is genuine interest. So much so that it sent ACXP stock to an intra-month high of $8.82, 488% higher from where it started the month. Currently, at $4.35*, the gains are holding an over 190% increase. (*share price at 11:36 AM EST, Yahoo! Finance)

Those speculating partnership could be right. And Pfizer could be the first to call. During its CLOVER trial update commentary, it expressed interest in pursuing the over one billion dollar market opportunity. Still, interest and ability are two different clinical beings, and in the drug industry, only the latter matters. That said, don't think PFE or any other Big Pharma player will be blinded by unwarranted optimism. In PFE's case, they know their candidate failed to meet endpoints. Moreover, they likely know, at best, its candidate, if approved, would be relegated to treating fringe and niche CDI treatment indications. Therefore, spending up to hundreds of millions of dollars more to advance an unpromising drug candidate makes little to no sense. 

What does make sense is for deep-pocketed Big Pharma to cozy up with the presumed CDI treatment drug frontrunner. In this case, with data supporting the presumption, Acurx is the likely recipient of their first call. Remember that of late, what Big Pharma can't create, they acquire. And with ACXP showing evidentiary promise as one of the only companies left to bring an effective and comprehensive CDI treatment to market, it may be wise to consider a fair price for its lead asset. 

Supporting An Appreciably Higher Market Cap

That price could support another ACXP price surge. Remember, the treatment potential from C. diff is estimated at over a billion dollars. That leaves ACXP stock potentially undervalued, in a big way, with its current market cap of roughly $56 million*. Strengthening that case is ibezapolstat's likelihood of earning front-line status, a proposition further supported by ACXP's CDI candidate demonstrating restoration of the patient's microbiome during treatment, which is highly unusual for an antibiotic. (* market cap on 10/26/23, Yahoo! Finance, 11:36 AM EST)

Remember this, too: Data from its Phase 2a trial was so impressive that it led the Trial Oversight Committee and the Scientific Advisory Board to allow for early termination of its Phase 2a trial and advance straight into a Phase 2b study. Furthermore, that jump was allowed after data on just ten patients showed a 100% cure rate and 100% sustained cure after follow-up. The better news is that Phase 2b was terminated early as well. And with the company planning to meet with the FDA to design a phase 3 trial, more likely than not, for excellent and similar reasons.

Justifying The October Volume Surge

Thus, plenty is offered for investors wanting reasons to support the massive surge in interest in ACXP stock. And all of it points to the likelihood that ACXP, the company, and its assets are in play. Know this also: the cost to partner with a Phase 2 company over a Phase 3 company can amount to hundreds of millions of dollars. Yes, hundreds of millions. Look at before and after market cap shots of companies making that leap. ACXP should be treated no differently.

In fact, its market cap can support a tripling in price. That's what an analyst at H.C. Wainwright expects, modeling a price target of $12.33 and a reiterated BUY rating in September. They may already see what others are just now starting to... Acurx is in the right place at the right time with the most promising CDI treatment drug to make a deal. 

If so, whether in Phase 2 or planning its Phase 3, ACXP investors could be in for an exciting end to 2023. After all, whether ACXP goes it alone, takes a partner, or licenses ibezapolstat, the company appears to be playing a winning hand. And being able to see the cards being played, investors may want to back it.

 

 

Disclaimers: Hawk Point Media Group, Llc. (HPM) is responsible for the production and distribution of this content. Hawk Point Media Group, Llc. is not operated by a licensed broker, a dealer, or a registered investment adviser. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. Our reports/releases are a commercial advertisement and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The information made available by Hawk Point Media Group, Llc. is not intended to be, nor does it constitute, investment advice or recommendations. HPM, or a company principal, is LONG Acurx Pharmaceuticals stock. Therefore, there is a major conflict of interest in our ability to be unbiased regarding our alerts, and this communication should be viewed as a commercial advertisement only. Any non- compensated alerts are purely for the purpose of expanding our database for the benefit of our future financially compensated investor relations efforts. As part of all content, readers, subscribers, and website viewers, are expected to read the full disclaimers and financial disclosures statement that can be found on our website. Contributors reserve the right, but are not obligated to, submit articles for fact-checking prior to publication. Contributors are under no obligation to accept revisions when not factually supported. Furthermore, because contributors are compensated, readers and viewers of this content should always assume that content provided shows only the positive side of companies, and rarely, if ever, highlights the risks associated with investment. Thus, readers and viewers should accept the content as an advertorial that highlights only the best features of a company. Never take opinion, articles presented, or content provided as a sole reason to invest in any featured company. Investors must always perform their own due diligence prior to investing in any publicly traded company and understand the risks involved, including losing their entire investment. In no event shall Hawk Point Media Group, Llc. be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or made available by Hawk Point Media Group, Llc., including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information in this video, article, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. Hawk Point Media Group, Llc. strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. For some content, HPM, its authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. Hawk Point Media Group, LLC. has not been compensated to produce and syndicate this content for Acurx Pharmaceuticals. However, HPM was previously compensated seven-thousand-five-hundred-dollars by Trending Equities, Inc to produce and syndicate digital content for Acurx Pharmaceuticals during the period starting August 12, 2021 and ending on June 1, 2023.   

The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. 

Media Contact
Company Name: Hawk Point Media
Contact Person: Editorial Dept.
Email: info@hawkpointmedia.com
Country: United States
Website: https://hawkpointmedia.com/


Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 CorteMadera.com & California Media Partners, LLC. All rights reserved.