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NetworkNewsBreaks – Strong IP, Key Partnerships Drive RegeneRx Biopharmaceuticals, Inc. (RGRX) Growth

Company: RegeneRx Biopharmaceuticals, Inc. (RGRX)
Category: Stock Spotlights

RegeneRx (OTCQB: RGRX) is a clinical-stage biopharmaceutical company with a large, growing patent portfolio that protects multiple indications and applications for its product candidates. At the heart of its IP strategy is Thymosin Beta 4 (Tβ4), a naturally occurring peptide found to play a vital role in protection, regeneration and remodeling of damaged tissues. RegeneRx is currently moving three distinct Tβ4-based drug candidates through clinical development for ophthalmic, cardiac and dermal indications. The company recently received notice of Intent to Grant a patent from the European Patent Office for treating neural injury using Tβ4. More recently, the company received patent approval from the Australian Patent Office regarding Tβ4, the active pharmaceutical ingredient in proprietary drug candidate RGN-352, to myelinate damaged brain nerve cells. Company CEO J.J. Finkelstein, in a recent news release, noted that the Australian patent supports the potential use of RGN-352 for major disorders such as multiple sclerosis (MS), as well as other conditions associated with demyelination. Active partnerships are also a key component of the company’s business strategy, which covers three major territories: the U.S., China, and Pan Asia (Korea, Japan, and Australia, among others). The company’s licensing partners are focused on saturating each respective territory with RGN-259, and are preparing to initiate their clinical trials programs.

To learn more, visit www.regenerx.com

About RegeneRx Biopharmaceuticals, Inc.

RegeneRx is focused on the development of novel therapeutic peptides, including Thymosin beta 4 (Tβ4) and its constituent fragments, for tissue and organ protection, repair and regeneration. RegeneRx currently has three drug candidates in clinical development for ophthalmic, cardiac and dermal indications, three active strategic licensing agreements in the U.S., China, and Pan Asia (Korea, Japan, and Australia, among others), and has patents and patent applications covering its products in many countries throughout the world. RGN-259, the Company’s Tβ4-based ophthalmic drug candidate, has been designated an orphan drug in the U.S. for the treatment of neurotrophic keratopathy (NK). In March 2016, RegeneRx, through its U.S joint venture, ReGenTree LLC, completed a 317-patient Phase 2b/3 clinical trial in patients with dry eye syndrome (DES). The dry eye trial results were announced in May 2016 and ReGenTree has subsequently begun enrollment in a second Phase 3 DES trial in approximately ~500 patients. The Company is simultaneously conducting a 46-patient Phase 3 clinical trial in patients with NK. RGN-259 is also being developed in patients with dry eye syndrome in Asia through RegeneRx’s two Asian partnerships. RGN-352, the Company’s Tβ4-based injectable formulation, is a Phase 2-ready drug candidate designed to be administered systemically to prevent and repair cardiac damage resulting from heart attacks and central nervous system tissue damage associated disorders such as multiple sclerosis and traumatic injuries such as stroke.

About NetworkNewsBreak

NetworkNewsBreak (NNB) provides a rapid summary of corporate news that caught the attention of NetworkNewsWire (NNW). NNB keeps you up-to-date on active US Public Companies complementary to NNW’s broader scope as a provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW is uniquely positioned to best serve private and public companies who need to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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