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Benzinga
Benzinga
Technology
Vandana Singh

Eloxx to Test Its Lead Product Candidate, ELX-02, In Rare Kidney Disease

Eloxx Pharmaceuticals Inc (NASDAQ:ELOXexpanded the ELX-02 development program to include the treatment of Alport syndrome, a rare kidney disease. 

  • Clinical testing of ELX-02 in Alport syndrome is expected to initiate in 2H of 2022, with topline results expected in 1H of 2023.
  • Alport syndrome is a genetic disorder characterized by kidney disease with high levels of proteinuria, hearing loss, and eye abnormalities caused by mutations in the genes needed to produce type 4 collagen.
  • Eloxx intends to initiate a proof-of-concept clinical trial in up to eight Alport syndrome patients with nonsense mutations in the 2H of 2022. 
  • Related: Eloxx Shares Slump As Phase 2 Cystic Fibrosis Trial Data Fails To Cheer Investors.
  • Patients will be dosed for two months with a three-month follow-up. Trial primary endpoints will include safety, while secondary endpoints will include reduction in proteinuria and induction of COL4A5 protein expression in the kidney. 
  • Topline results are expected in 1H of 2023.
  • At the end of 2021, Eloxx held cash and cash equivalents of $42.3 million, sufficient to fund operations into Q2 of 2023.
  • Price Action: ELOX shares are down 3.83% at $0.55 during the market session on the last check Thursday.
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