INHIBIKASE THERAP. INC.

Inhibikase Therapeutics

28. Jan. 2022·

Evidence suggests c-Abl plays a central role in #ParkinsonsDisease progression. Pharmacological inhibition of c-Abl has potential to provide meaningful clinical benefits in PD patients such as halting disease progression & reversing functional loss. $IKT

https://twitter.com/inhibikase/status/1487123327206539264

Inhibikase Therapeutics Highlights 2022 Pipeline Goals and Milestones

Key Business and Clinical milestones expected in 2022:

• Continue Phase 1 dose escalation of IkT-148009 in older and elderly healthy volunteers: IkT-148009 continues to be evaluated at higher single doses in older and elderly healthy volunteers as part of the Phase 1 study, which was initiated in February 2021. To date, no clinically significant adverse events have been observed at doses up to 175 mg. Although total drug exposures measured in blood are very high compared to other drugs approved in the c-Abl inhibitor class, few laboratory abnormalities have been observed. The large systemic exposure and the absence of significant adverse events provides the opportunity to evaluate a wide dosing range in future Phase 2 and Phase 3 studies. Inhibikase expects to continue dosing patients up to a single dose of 250 mg to identify a Maximum Tolerated Dose in the first quarter of 2022 and may increase the dose beyond 250 mg subject to safety committee review.
  
  
• Complete first two cohorts in Phase 1b study of IkT-148009 in patients with Parkinson's Disease: The Phase 1b study is a 3:1 randomized, placebo-controlled dose escalation trial evaluating the safety, tolerability, and pharmacokinetics of seven-day dosing of IkT-148009 at three escalating dose levels. Inhibikase expects to complete enrollment and analysis of the first two cohorts of 8 patients with mild to moderate Parkinson's disease in the first quarter of 2022, with the third cohort completed in the second quarter of 2022. The study is also assessing motor and non-motor function, gut motility, and measures of alpha-synuclein aggregate clearance as exploratory endpoints.
  
  
• Submit complete chronic toxicology data for IkT-148009 to the U.S. Food and Drug Administration (FDA) in the first quarter of 2022: In October 2021, Inhibikase reported that it had submitted interim 13-week results from its ongoing chronic toxicology studies of IkT-148009 in rats and non-human primates to the FDA. Inhibikase expects to submit the full chronic toxicology dataset, including nine-month toxicology outcomes in non-human primates, to the FDA in the first quarter of 2022. Previously submitted interim data indicated that the toxicology profile of IkT-148009 improves with extended daily oral dosing and supports evaluation in Parkinson's patients for three months or longer, subject to review by and agreement with the U.S. FDA.
  
  
• Meet with the FDA to discuss the development program of IkT-148009 as a treatment for Parkinson's disease: The Company's Fast-Track Designation request has not been granted by the FDA but remains under further consideration. As part of the review, the FDA requested that Inhibikase meet with the Agency to review the Company's near and long-term development plans and proposed efficacy measures for IkT-148009 as a treatment for Parkinson's disease. It is expected this meeting will take place in the first quarter of 2022.
  
  
• Initiate Phase 2a clinical study for IkT-148009 in patients with Parkinson's Disease:  Inhibikase expects to dose the first patient in a Phase 2a study of IkT-148009 in untreated Parkinson's Disease in the second quarter of 2022, subject to agreements with the FDA. The 3:1 randomized, double-blind, twelve-week trial will evaluate the safety and tolerability of three doses of IkT-148009 in up to 120 patients diagnosed with Parkinson's disease who have not yet progressed to the need for symptomatic treatment. The trial will also measure motor and non-motor function inside and outside of the brain as secondary endpoints and evaluate whether treatment with IkT-148009 leads to a reduction or clearance of pathogenic alpha-synuclein aggregates inside and outside of the central nervous system as exploratory endpoints. 
  
  
• Complete preclinical studies evaluating IkT-148009 in animal models of Multiple System Atrophy (MSA) in preparation for Phase 2 clinical studies: Inhibikase expects to report preclinical data studying IkT-148009 in at least one of two animal models of MSA in the second quarter of 2022. The studies are evaluating whether inhibition of the Abelson Tyrosine Kinase, or c-Abl, could have a therapeutic benefit in MSA. The potential role of c-Abl in the disease process was highlighted in the Company's recent publication published in the peer reviewed journal Neurobiology of Disease¹. Based on the preclinical results from these studies and subject to agreement with the FDA and equivalent regulatory bodies in the European Union, Inhibikase expects to advance IkT-148009 into a Phase 2a clinical study by the third quarter of 2022.
  
  
• Submit Investigational New Drug application (IND) for IkT-001Pro for stable-phase Chronic Myelogenous Leukemia (CML) in the first quarter of 2022: Commercially viable large-scale manufacturing of IkT-001Pro has been under development and resulted in the production of the first clinical batch at the close of 2021. As a result, Inhibikase expects to submit the IND for IkT-001Pro in the first quarter of 2022 and commence bioequivalence studies in accordance with the 505(b)(2) regulatory pathway following receipt of a Study May Proceed letter and other agreements with the FDA.
  
  
• Medicinal chemistry insights into the selectivity, potency and brain penetration of IkT-148009 and related inhibitors lead to a library of potential second generation molecules: New insights into the origins of IkT-148009's selectivity, safety, toxicology and potency have let to improved designs for c-Abl inhibitors. These new designs could build on the discoveries into how IkT-148009 and other molecules in Inhibikase's portfolio cross the blood-brain barrier, remain in the central nervous system for extended periods of time and reduce the likelihood of efflux transport back into the systemic circulation. These insights and discoveries could lead to long-acting product offerings with less frequent dosing and improved safety profiles.

https://www.inhibikase.com/news/press-releases/detail/45/inhibikase-therapeutics-highlights-2022-pipeline-goals-and?fbclid=IwAR0lAuw6WMlgxyrcVtdl9xxRkrCMOgpwmozUOBYXoQdFDo0TvEhbQ1OBwro

FiveT Investment Management Ltd increases ownership in IKT / Inhibikase Therapeutics Inc January 11, 2022

FiveT Investment Management Ltd has filed a 13D form with the Securities and Exchange Commission (SEC) disclosing ownership of 1,517,000 shares of Inhibikase Therapeutics Inc IKT. This represents 6.03 percent ownership of the company. 

There are 34 funds or institutions reporting positions in Inhibikase Therapeutics Inc. This represents an increase of 8 owner(s) and 30.77 percent in the last three months. Total shares owned by institutions increased in the last three months to 4,169,757 shares. https://fintel.io/news/fivet-investment-management-ltd-increases-ownership-in-ikt-inhibikase-therapeutics-inc-0.37647418272841804

Common Shares Outstanding 25,177,051 (January 4, 2022)

Options (WAEP: $2.47)3,580,952

Warrants (WAEP: $5.21) 1,561,913

Fully Diluted Shares Outstanding 30,319,916

Bei Insider ownership von 55,8%, sind also lediglich 6,88 Mio Shares im free float. 

"Certainly doesn’t take many shares to push this puppy up can’t imagine when positive news actually is released what it would do."

Insider Ownership Percentage: 55.80% Insider Buying (Last 12 Months): $46,470.33 (zu $2  30% über damaligen Aktienkurs) Insider Selling (Last 12 Months): $0.00

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