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Adamis Pharmaceuticals Provides Enrollment Update of Subjects in Phase 2/3 Study of Tempol for the Treatment of COVID-19

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Adamis Pharmaceuticals Provides Enrollment Update of Subjects in Phase 2/3 Study of Tempol for the Treatment of COVID-19

SAN DIEGO, Feb. 07, 2022 (Globe NEWSWIRE) — Adamis Prescribed drugs Company (Nasdaq: ADMP) nowadays introduced the enrollment and dosing of extra than 100 topics in the Company’s ongoing Stage 2/3 analyze of Tempol for the treatment of COVID-19. The Facts Protection Monitoring Board (DSMB) will now look at clinical and security details from the initially 50 subjects as element of the initial interim analysis.

COVID-19 is a elaborate condition that manifests in various phases together with, amid other folks, viral replication and hyperinflammation. Preclinical research of Tempol have revealed it to have antiviral, anti-inflammatory, and antioxidant action. The Business believes this exclusive mechanism of action, mixed with the benign security profile revealed in preclinical and ongoing scientific experiments, could provide doctors with a tool to intervene to gradual or halt progression of COVID-19 at various phases of the sickness. If tested, this could offer Tempol with a significant edge around the two oral antiviral medication that the Food and drug administration has not too long ago granted Unexpected emergency Use Authorization (just one getting a mutagenesis situation and the other owning been shown to have drug-drug interaction difficulties).

Dr. Dennis J. Carlo, President and Main Govt Officer of Adamis, commented, “We are delighted with the immediate speed at which the trial is presently enrolling. The DSMB will now have the task of evaluating the preliminary knowledge. If deemed satisfactory, devoid of protection or clinical difficulties, the demo will keep on. The demo is developed to enroll a overall of 248 patients. We have also not long ago applied for Rapid Observe designation, which, if granted, will make it possible for for the swift regulatory filing for this trial, if productive. Enrollment in this trial has not long ago substantially enhanced and will very likely continue to do so as sufferers with COVID-19 have restricted procedure alternatives, particularly with Omicron and upcoming variants arising. We feel that Tempol would fulfill a significant unmet health care have to have for the reason that of its antiviral and anti-inflammatory mechanisms of action. We intend to present an update on the DSMB assessment of the interim assessment as the data is confirmed and statistical courses are validated. We estimate the conference will convene in March.”

Not too long ago, scientists from the National Institutes of Wellness (NIH) highlighted Tempol as a opportunity residence antiviral therapy for COVID-19 (https://covid19.nih.gov/news-and-tales/tempol-possible-household-treatment method-covid-19).

The Corporation also recently declared (https://ir.adamispharmaceuticals.com/information-releases/news-release-aspects/adamis-prescribed drugs-announces-publication-human-immune) the success of a published research in collaboration with Stanford College researchers suggesting that Tempol has powerful, broad in-vitro anti-cytokine activity. Suppression of inflammatory cytokines with an antioxidant may possibly be a helpful procedure technique in COVID-19 an infection.

About the Period 2/3 Scientific Demo

Added information and facts about the trial can be uncovered on www.clinicaltrials.gov making use of the identifier NCT04729595.

Adamis has accredited special worldwide rights below patents, patent programs and related know-how relating to Tempol for particular accredited fields such as the treatment method of respiratory conditions together with bronchial asthma, respiratory syncytial virus, influenza and COVID-19, and for the reduction of radiation-induced dermatitis in people undergoing cure for most cancers.

About Rapidly Observe Designation

Rapid Monitor is a procedure made to aid the enhancement, and expedite the assessment, of drugs to handle significant conditions and fill an unmet healthcare need to have. The reason is to get vital new medicines to the affected individual previously. Rapid Observe addresses a broad array of really serious problems, and the ask for can be initiated by the drug firm at any time throughout the development method. Fda will evaluation the ask for and make a decision based mostly on irrespective of whether the drug fills an unmet clinical need to have in a serious issue. When a drug gets Speedy Monitor designation, early and regular conversation involving the Fda and the drug corporation is inspired in the course of the total drug progress and assessment method.

About Adamis Prescribed drugs

Adamis Pharmaceuticals Company is a specialty biopharmaceutical corporation mainly concentrated on building and commercializing products in a variety of therapeutic areas, such as allergy, opioid overdose, respiratory and inflammatory disease. The Company’s SYMJEPI® (epinephrine) Injection products are authorized by the Fda for use in the crisis therapy of acute allergic reactions, which include anaphylaxis. The Company’s ZIMHI™ (naloxone) Injection product or service is permitted for the cure of opioid overdose (https://www.zimhi.com/). Tempol is in advancement for the therapy of people with COVID-19 and a Stage 2/3 clinical trial is underway. For additional information and facts about Adamis Prescription drugs, be sure to pay a visit to www.adamispharmaceuticals.com and follow us on Twitter and LinkedIn.

Ahead Hunting Statements

This push launch contains forward-looking statements inside of the indicating of the Non-public Securities Litigation Reform Act of 1995. These types of ahead-looking statements include those that convey options, anticipation, intent, contingencies, targets, targets or potential enhancement and/or in any other case are not statements of historic actuality. These statements relate to upcoming occasions or long term outcomes of functions, which includes, but not restricted to the next statements: statements about the enrollment of clients in the Company’s Stage 2/3 medical trial for Tempol statements regarding the things to do and approach of the DSMB and the timing and outcome of that process the Company’s beliefs about the mechanisms of motion, protection and efficiency of Tempol or the Company’s other item candidates the timing, development or benefits of the Company’s Stage 2/3 scientific demo for Tempol or other reports or trials relating to Tempol the Company’s beliefs concerning the result of its Quick Monitor application to the Food and drug administration relating to Tempol the views and beliefs of NIH scientists summarized in the NIH posting talked about in this push release regarding the likely of Tempol as a treatment method for COVID-19 and the success of preceding experiments of Tempol the Company’s ability to commercialize the merchandise candidates explained in this push launch, alone or via commercialization partners the Company’s beliefs about the gains, enforceability, and extent of intellectual house legal rights and protection afforded by patents and patent programs that it owns or has licensed and other statements concerning the Company’s potential functions and functions. These statements are only predictions and entail identified and unidentified dangers, uncertainties, and other things, which may lead to Adamis’ actual outcomes to be materially distinctive from the final results anticipated by such forward-seeking statements. There are no assurances about the amount of money of time that the DSMB will get to conduct or complete the interim investigation described in this press release, regarding the results or end result of that assessment, or about what choices the Business will make following getting details about that examination. There are no assurances that the Corporation will continue enrollment in the trial adhering to receipt of the evaluation of the DSMB. There are no assurances that the Food and drug administration will grant Fast Track designation for the Company’s Tempol products applicant. There can be no assurances concerning the timing, progress or outcome of trials or reports relating to Tempol, or that Tempol will be observed to be protected and successful in the procedure of COVID-19 or any other indication. In addition, as earlier disclosed, every single of the Firm and its US Compounding Inc. subsidiary has been given a subpoena from the U.S. Attorney’s Business office for the Southern District of New York issued in link with a criminal investigation. Accordingly, all ahead-searching statements are topic to the end result of this investigation and any linked governmental investigations or proceedings. We cannot evaluate the effect of every component on our organization or the extent to which any variable, or blend of aspects, may trigger precise results to differ materially from people contained in any forward-searching statements. You need to not put undue reliance on any forward-on the lookout statements. Even further, any forward-on the lookout statement speaks only as of the day on which it is designed, and apart from as may possibly be expected by relevant legislation, we undertake no obligation to update or launch publicly the final results of any revisions to these ahead-hunting statements or to mirror gatherings or situations arising following the day of this press launch. Sure of these challenges and supplemental hazards, uncertainties, and other variables are described in better element in Adamis’ filings from time to time with the SEC, which include its annual report on Form 10-K for the 12 months ended December 31, 2020 and subsequent filings with the SEC, which Adamis strongly urges you to examine and contemplate, all of which are accessible totally free of demand on the SEC’s web web-site at http://www.sec.gov.

Call:
Adamis Investor Relations
Robert Uhl
Controlling Director
ICR Westwicke
619.228.5886
[email protected]