Artelo Biosciences, Inc. (Nasdaq: ARTL), a
clinical-stage pharmaceutical company focused on modulating
lipid-signaling pathways to develop treatments for people living
with cancer, pain, dermatologic and neurological conditions,
announced new data being presented today on ART26.12, Artelo’s lead
clinical Fatty Acid Binding Protein 5 (FABP5) inhibitor, in
osteoarthritis (OA) pain at the 13th Annual Musculoskeletal Repair
and Regeneration Symposium in New York. This evidence adds OA pain
to the list of pain types such as neuropathic and cancer bone pain
where ART26.12 has shown potential as an analgesic with a novel
mechanism of action.
In this new research conducted at Stony Brook University,
ART26.12 demonstrated more responsive symptom relief in a surgical
rodent OA model than naproxen, a commonly used nonsteroidal
anti-inflammatory drug (NSAID) in the treatment of OA. ART26.12
significantly improved weight-bearing on affected limbs at all
three doses studied, indicating a reduction in OA-induced pain.
Importantly, ART26.12 demonstrated a clear dose-response
relationship, with higher concentrations yielding greater pain
relief and more rapid responses than naproxen.
The study, entitled “Fatty Acid Binding Protein 5 Inhibitor,
ART26.12, is a Novel Analgesic for Osteoarthritis Pain,” was
conducted by the Department of Orthopedics and Rehabilitation and
the Department of Anesthesiology at the Renaissance School of
Medicine at Stony Brook University by Drs. Kai Bou, Adam Bruzzese,
Kaitlin Farrell, Chris Gordon, David Komatsu and Martin Kaczocha.
“We are encouraged by these behavioral data showing efficacy for
ART26.12 in alleviating osteoarthritis pain,” said Dr. Komatsu of
Stony Brook University. “Furthermore, we are dedicated to
completing our remaining analyses to gain a comprehensive
understanding of the biological response to this promising
compound.”
According to the World Health Organization, OA affects over 500
million people globally. Symptoms of OA include joint debilitation
and persistent, extreme pain. Artelo’s research continues with a
focus on long-term efficacy, currently evaluating the effects of
four weeks of repeated dosing of ART26.12 on pain behaviors as well
as knee structures and joint degradation. ART26.12 operates through
a novel lipid-signaling pathway by inhibiting FABP5, which reduces
cytokine and chemokine expression linked to OA pain. Preclinical
efficacy has already been seen in both single and repeat dosing
scenarios suggesting potential for both acute and chronic OA pain
management.
Gregory D. Gorgas, President and Chief Executive Officer of
Artelo Biosciences, added, “This new OA research constitutes our
seventh preclinical study in pain, all of which show ART26.12’s
potential as an innovative alternative to NSAIDs and opioids for
some of the most severe pain management challenges.”
The U.S. Food and Drug Administration (FDA) cleared ART26.12 to
initiate for its first-in-human Phase 1 single ascending dose study
with initial results anticipated during the first half of 2025. As
previously reported, ART26.12 has also been accepted into the NIH
Helping to End Addiction Long Term Initiative’s Preclinical
Screening Platform for Pain which seeks to accelerate development
of non-opioid, non-addictive treatment options for pain
management.
About ART26.12 ART26.12, Artelo’s lead
Fatty Acid Binding Protein 5 (FABP5) cleared by the FDA to initiate
first-in-human studies, is a potent and selective inhibitor of
FABP5 being developed as a novel, peripherally acting, non-opioid,
non-steroidal analgesic, with initial clinical development planned
for chemotherapy-induced peripheral neuropathy (CIPN). Fatty Acid
Binding Proteins (FABPs) are a family of intracellular proteins
that chaperone lipids important to normal cellular function. FABP
is overexpressed and associated with abnormal lipid signaling in a
number of pathologies. Beyond ART26.12 in CIPN, Artelo’s extensive
library of small molecule inhibitors of FABPs has shown therapeutic
promise for the treatment of certain cancers, neuropathic and
nociceptive pain, psoriasis, and anxiety disorders.
About Artelo Biosciences
Artelo Biosciences, Inc. is a clinical-stage pharmaceutical
company dedicated to the development and commercialization of
proprietary therapeutics that modulate lipid-signaling pathways.
Artelo is advancing a portfolio of broadly applicable product
candidates designed to address significant unmet needs in multiple
diseases and conditions, including anorexia, cancer, anxiety,
dermatologic conditions, pain, and inflammation. Led by proven
biopharmaceutical executives collaborating with highly respected
researchers and technology experts, the Company applies
leading-edge scientific, regulatory, and commercial discipline to
develop high-impact therapies. More information is available at
www.artelobio.com and Twitter: @ArteloBio.
About Stony Brook University
Stony Brook University, New York’s flagship university and No. 1
public university, was established in 1957 as a college for the
preparation of secondary school teachers of mathematics and
science. Stony Brook is part of the State University of New
York (SUNY) system. The university has grown tremendously and is
now recognized as one of the nation’s important centers of learning
and scholarship.
Forward Looking Statements
This press release contains certain forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934 and Private
Securities Litigation Reform Act, as amended, including those
relating to the Company’s product development, clinical and
regulatory timelines, market opportunity, competitive position,
possible or assumed future results of operations, business
strategies, potential growth opportunities and other statement that
are predictive in nature. These forward-looking statements are
based on current expectations, estimates, forecasts and projections
about the industry and markets in which we operate and management’s
current beliefs and assumptions. These statements may be identified
by the use of forward-looking expressions, including, but not
limited to, “expect,” “anticipate,” “intend,” “plan,” “believe,”
“estimate,” “potential,” “predict,” “project,” “should,” “would”
and similar expressions and the negatives of those terms. These
statements relate to future events or our financial performance and
involve known and unknown risks, uncertainties, and other factors
which may cause actual results, performance or achievements to be
materially different from any future results, performance or
achievements expressed or implied by the forward-looking
statements. Such factors include those set forth in the Company’s
filings with the Securities and Exchange Commission, including our
ability to raise additional capital in the future. Prospective
investors are cautioned not to place undue reliance on such
forward-looking statements, which speak only as of the date of this
press release. The Company undertakes no obligation to publicly
update any forward-looking statement, whether as a result of new
information, future events or otherwise, except to the extent
required by applicable securities laws.
Investor Relations Contact:Crescendo
Communications, LLCTel: 212-671-1020Email:
ARTL@crescendo-ir.com
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