Category Specific RSS

Categories: News

Pharmaxis targeting scar-free recovery from burns with world-first trials

One of the world’s most respected surgeons in the field of burns and trauma recovery will lead world-first clinical trials aiming to stop scars forming, particularly after burn injuries, utilising the latest discovery by biopharmaceuticals company Pharmaxis (ASX: PXS). 

The discovery, known as PXS-6302 has shown promising pre‐clinical results in inhibiting the enzymes that play a role in the development of scar tissue. Critically, the application of compound PXS-6302 has the potential to inhibit the enzymes responsible for scar tissue formation during the healing process.

“Scarring can have a devastating and life‐long impact on people who have suffered traumatic injuries.  A topical cream to reduce scarring would have a significant role in treatment with broad application in the hospital and community medical settings,” said Pharmaxis CEO, Gary Phillips. 

The clinical trials will be led by distinguished surgeon and burns expert Professor Fiona Wood AM who will lead a team of researchers at the University of Western Australia. 

An industry leader, Wood has an extensive background in skin trauma research having been the co-founder of Spray On Skin which was commercialised with great success as a product that can promote wound healing and reduce scarring on burn victims. 

In these trials for PXS-6302 however, the aim is to eliminate the scar tissue from forming altogether as a proactive treatment to scar formation, rather than reactive. 

“It’s exciting  for  the  research  team to explore a novel path to reduce scarring and to be moving closer to that goal. Scar‐less healing is the vision that has motivated our work over many decades,” said Professor Wood. 

Initial plans are for trial participants to be prescribed a cream that can be applied topically as a non-invasive alternative to cryotherapy or laser treatment which have limited outcomes. 

The launch of these clinical trials follows a busy few weeks for Pharmaxis which recently commenced enrollment of patients into their FDA-approved trials for PXS-5505. Early testing suggests it has disease-modifying potential to treat bone marrow cancer myelofibrosis where current treatments cost upwards of $1 million. 

Additional applications for PXS-5505 are expected to include liver and pancreatic cancer where it aims to break down fibrotic tissue in the tumours and enhance the effect of chemotherapy treatment. 

Pharmaxis welcomes investors to register for updates on their latest developments and industry research by joining their mailing list here

 

*Owners of this website are PXS shareholders. 

Alfred Chan

Alfred Chan is a Business Reporter at The Sentiment specialising in ASX-listed small cap companies, a bloodstock enthusiast and former equities analyst.

Recent Posts

Medibank Backs Emyria with Landmark Depression Care Deal

Australia’s mental health burden is growing – and one of the toughest challenges is treatment-resistant…

4 days ago

NoviqTech Launches Quantum Intelligence Products, Opening Path to Enterprise-Grade Quantum AI

NoviqTech Limited (ASX:NVQ) has taken a decisive step into the quantum computing market, unveiling the…

1 week ago

BRE Wins Final Permit to Advance Rare Earth Pilot Plant in Brazil

Brazilian Rare Earths Limited (ASX:BRE) has cleared its last regulatory hurdle to begin pilot operations…

3 weeks ago

Harris Technology eyes profitability as refurbished tech sales surge

In an era of rising living costs and shifting consumer priorities, one Australian company is…

4 weeks ago

QIC Fund Backs Ark Mines with $4.5m to Accelerate Sandy Mitchell Development

Queensland’s push to strengthen its critical minerals supply chain has taken another step forward, with…

1 month ago

Swift Secures $2.4m Chevron Contract to Extend Entertainment and Support Services

Oil and gas operations continue to offer steady demand for specialist technology services, with Swift…

1 month ago