Recce Pharmaceuticals (ASX:RCE) Secures Phase 3 Trial Approval in Indonesia

3 min read | November 11, 2024 12:56 PM AEDT | By Team Kalkine Media

Highlights 

  • Recce Pharmaceuticals secures ethics approval for Phase 3 trial of R327G in Indonesia.
  • Trial targets diabetic foot infections with commercialisation aimed for 2026.
  • Bilateral support from Australia and Indonesia enhances trial’s impact in ASEAN region.

Recce Pharmaceuticals Ltd (ASX:RCE) has received ethical approval from the Human Research Ethics Committee to initiate a Phase 3 clinical trial in Indonesia for its innovative anti-infective product, RECCE® 327 (R327) topical gel. This treatment aims to combat diabetic foot infections (DFIs), which are common and often severe complications in diabetic patients. The company has set its sights on potential commercialisation in 2026, with the trial marking a significant step toward providing new therapeutic options for patients in Indonesia and the broader ASEAN region. 

Recce Pharmaceuticals CEO, James Graham, highlighted the importance of this development, stating that it is a "landmark milestone" in the company’s clinical program. He emphasized the collaborative efforts with Indonesian partners, which have been essential in bringing R327 to clinical testing in Southeast Asia. According to the company, this approval not only signals the beginning of their clinical efforts in Indonesia but also supports Recce’s commitment to commercializing its anti-infective therapies across ASEAN markets. 

The upcoming trial for R327G, a pioneering topical gel, will address bacterial infections, especially those resistant to current treatments. This large-scale trial is designed as a double-blind, placebo-controlled study, set to begin in December and continue for approximately 12 months. The trial will involve 300 patients, of whom 200 will receive R327G and 100 a placebo, with final data expected in late 2025. 

Support from both Australian and Indonesian government initiatives is instrumental to the trial’s success, with clinical collaborations in place with PT Etana Biotechnologies and PT Siloam International Hospitals, Indonesia’s largest private hospital network. The Australian Government’s R&D rebate scheme also offsets around 43.5% of the projected US$2 million trial cost, bolstering financial support for Recce’s clinical activities. 

Following ethics approval, Recce Pharmaceuticals expects swift progress toward full regulatory authorization from Indonesia’s regulatory body, Badan POM. Success in the Indonesian trial could open doors to other ASEAN markets, including Malaysia, the Philippines, Singapore, and Thailand, where DFI treatment represents a substantial market. 

Recce’s broader therapeutic pipeline, including R327G, is focused on antibiotic-resistant infections. With an estimated US$5.2 billion global market for DFI treatments and a growing demand for effective solutions, Recce’s product holds promise. The gel demonstrated 100% response rates in an Australian study, showcasing its potential efficacy in high-risk infections. 

By advancing R327G in Indonesia, Recce Pharmaceuticals aims to contribute meaningfully to the fight against antibiotic resistance and meet the urgent need for effective anti-infective treatments in diabetic populations across Southeast Asia. 


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.