Tiny Gem

CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) Anchors Focus and Priority on Berubicin Clinical Development for GBM Treatment

  • John Climaco, CNS’s CEO, has lauded the company’s progress in Q3 2022, noting the successful expansion of its pivotal Berubicin trial into Europe within the quarter
  • The company hopes to address the unmet need associated with GBM treatment with its lead drug candidate, Berubicin, trusting that the expansion into Europe will be integral to achieving interim analysis by mid-2023
  • CNS looks to build on the successful patient enrollment and dosing in France, which brings its operational tally to 29 of 68 clinical sites enrolling patients across the United States and Europe, as it works toward interim analysis of clinical trials in mid-2023
  • Through its research, CNS looks to tap into the brain tumor therapeutics market, which is expected to be valued at $3.4 billion by 2025, up from $2.25 billion in 2019

On September 30, 2022, CNS Pharmaceuticals (NASDAQ: CNSP), a clinical-stage biotechnology company specializing in the development of novel treatments with a focus on brain cancer, Glioblastoma Multiforme (“GBM”), and neuro-oncology, released its financial results for the third quarter of the 2022 financial year (“Q3 2022”). While making the announcement, John Climaco, CNS’s CEO, lauded the company’s progress, highlighting the successful expansion of its pivotal Berubicin trial into Europe within the quarter. He further noted how the move was integral to the company achieving interim analysis by mid-2023 which, he believes, will be a transformational milestone (https://ibn.fm/HtX2Y).

CNS has, since its inception, shown its commitment to solving the unmet need associated with the treatment of GBM. This condition affects approximately 13,000 people in the United States each year. It is estimated that up to 50% of original malignant tumors of the central nervous system (“CNS”) are glioblastomas, with diagnosed patients having an average time of about a year after diagnosis and only 10% or less surviving to five years (https://ibn.fm/MXDZt).

Despite this prevalence, treatment options for GBM are scarce, and CNS hopes to address this with its lead drug candidate, Berubicin. Regarded as an innovative first-in-its-class anthracycline to appear to cross over the blood-brain barrier and kill tumor cells as a potential treatment option for GBM, Berubicin has shown great promise in the clinical trials conducted thus far. For example, at least 44% of patients in a recent clinical trial showed a clinical response, with one demonstrating a lack of detectable cancer cells following the study (https://ibn.fm/d8TMM).

As it works toward interim analysis of clinical trials in mid-2023, CNS looks to build on the successful patient enrollment and dosing in France, which, so far, brings its operational tally to 29 of 68 clinical sites enrolling patients across the United States and Europe. The company also looks to build momentum to advance its program across the finish line.

“This expansion into Europe drives us toward our goal of interim analysis, expected in mid-2023, which we believe has the potential to be (a) transformational milestone. Moving forward, we are focused on building momentum and advancing this important program across the finish line,” noted Mr. Climaco (https://ibn.fm/55kqY).

Mr. Climaco emphasizes that CNS’s focus and priorities are firmly anchored in advancing its clinical development for Berubicin to bring meaningful treatment to GBM patients. He further notes that this focus is driven by a significant unmet need, particularly given that recurrent GBM does not have an “approved therapy anywhere in the world.”

Through this research, CNS inches closer to tapping into the brain tumor therapeutics market, which is expected to be valued at $3.4 billion by 2025, up from $2.25 billion in 2019. In addition, it looks to offer a potentially viable solution to GBM, a condition that currently affects as many as 5 out of every 100,000 individuals (https://ibn.fm/4uAJg).

For more information, visit the company’s website at www.CNSPharma.com.

NOTE TO INVESTORS: The latest news and updates relating to CNSP are available in the company’s newsroom at https://ibn.fm/CNSP

About TinyGems

TinyGems is your guide to the best and brightest in the under-appreciated small-cap sector. As one of 50+ brands within the InvestorBrandNetwork (“IBN”), TinyGems provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to reach millions of social media followers; and (5) a full array of corporate communications solutions. It’s time to uncover some of the best-kept secrets on Wall Street. TinyGems features innovative small-cap companies with huge potential, putting a spotlight on the best and brightest of these disruptors that have the technology, the talent, the drive, and the business models to make a huge impact in the markets and in portfolios. Whether it’s a game changing technology, a new more profitable product or service, or a star in a hot sector, TinyGems is the go-to source for actionable intelligence.

To receive SMS text alerts from TinyGems, text “Gems” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.TinyGems.com

Please see full terms of use and disclaimers on the TinyGems website applicable to all content provided by TinyGems, wherever published or re-published: https://www.TinyGems.com/Disclaimer

TinyGems
Los Angeles, California
www.TinyGems.com
310.299.1717 Office
Editor@TinyGems.com

TinyGems is part of the InvestorBrandNetwork

Christian Amiscua

Share
Published by
Christian Amiscua

Recent Posts

BP Forecasts Elevated Oil, Gas Demand Amid Energy Security Concerns

BP has overhauled its long-term energy outlook, signaling that the world is unlikely to stay…

2 days ago

SolarPower Europe Study Suggests How to Reshore Solar Production in Europe

Europe's solar industry might actually have a fighting chance against Chinese dominance if policymakers get…

4 days ago

SEGG Media Corporation (NASDAQ: SEGG) Undergoes Expansion, Experiences New Growth, and Unveils a New Website

SEGG Media has recently expanded its offering by launching SEGG Digital and SEGG Productions. The…

4 days ago

PowerBank Corporation (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: 103) Moves Forward with Three Nova Scotia Community Solar Projects, Construction Targeted for Spring 2026

The company is advancing three Nova Scotia community solar projects, in Sydney, Brooklyn, and West…

7 days ago

SEGG Media Corporation (NASDAQ: SEGG) Highlights Industry Growth, Announces Strategic Partnership, and Receives a Positive Stock Rating

Following StubHub’s recent IPO valuation, SEGG Media highlights its recent acquisitions in the booming live…

7 days ago

Vision Marine Technologies Inc. (NASDAQ: VMAR) Expands Electric Training Across Florida Dealership Network

This expansion marks another step in Vision Marine’s mission to accelerate adoption of electric boating…

1 week ago