Moleculin Announces COVID-19 In Vivo Testing Contracted for WP1122

Moleculin Biotech has contracted with an independent laboratory to test the antiviral activity of its WP1122 portfolio in a COVID-19 animal model.

Moleculin contracted with an independent laboratory for in vivo testing of its drug candidate, WP1122 and another candidate from the same portfolio in development as a possible treatment for COVID-19. The testing will involve that laboratory's hamster model and SARS-CoV-2. Based on the estimated start date of the study, final data may be available in December.

"With in vivo studies for the treatment of COVID-19 in such high demand, we are excited to begin an in vivo study involving our WP1122 portfolio," said Walter Klemp, Chairman and CEO of Moleculin. "Even though we may have initial observations earlier, having the final data readout in December will push the estimated window for filing an Investigational New Drug application ("IND") into 2021. We are also planning to conduct other in vivo studies, intended to enable us to file a complete IND with the US Food and Drug Administration (FDA)."

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Based on feedback from FDA, the Company believes it may need to demonstrate activity in a COVID-19 animal model to successfully submit a request for IND status for WP1122. In addition, the Company also continues to contract with independent labs to conduct additional in vitro studies, which are currently under way. "We are excited about the additional in vitro testing as this will involve more than one molecule from our WP1122 anitmetabolite portfolio against SARS-CoV-2 and other viruses," said Klemp.

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