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LTP - LTR Pharma

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LTR Pharma Limited (LTP) is a drug development, research and repurposing company, focused on men’s health and, currently, commercialising a 'first-in-class' rapid onset, on demand therapeutic nasal spray for the treatment of ED.

LTP is currently focused on changing the method of administration of an existing and approved drug that is already on market for the treatment of ED called Vardenafil, also known by the brand names Levitra ® and Staxyn ®. LTP is preparing to launch SPONTAN®, which is based on an intranasal Vardenafil formulation, SDS-089, by undertaking a bioequivalence trial.

The Company plans to meet with, and make applications to, the FDA and TGA post its bioequivalence trial to seek an expedited approval process to sell and market SPONTAN® in the United States and in Australia.

The Company may also explore alternative avenues to make SPONTAN ® available to patients where necessary prior to it receiving regulatory approval from the TGA or FDA, for example SPONTAN® may be made available to patients via the TGA's special access schemes (SAS) or Authorised Prescriber Scheme (APS) on a needs basis and subject to the relevant regulatory framework.

 
Listing date11 December 2023 ; 11:00 AM AEDT ##
Company contact detailshttps://ltrpharma.com/
Ph: 1800 519 711
Principal ActivitiesThe Company is a drug development, research and repurposing company, focused on men's health and, currently, commercialising a 'first-in-class' rapid onset, on demand therapeutic nasal spray for the treatment of erectile dysfunction.
Issue PriceAUD 0.20
Issue TypeOrdinary Fully Paid Shares
Security codeLTP
Capital to be Raised$7,000,000
Expected offer close date24 November 2023
UnderwriterNot underwritten. Apline Capital Pty Ltd (Lead Manager).
 
Highlights - latest Quarterly:
Pivotal clinical study of SPONTAN® fully recruited and completed dosing of all participants.
• SPONTAN achieved key manufacturing validation and first commercial batch production.
• SPONTAN is designed to be a world-first, fast-acting, on-demand Nasal Spray treatment for Erectile Dysfunction.
• As at 31 March 2024, the Company held a cash balance of $5.28 million, strongly positioning LTR Pharma to meet its upcoming milestones
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since listing ... going slideways
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ASX speeding ticket :
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...and then.
.. 2 days in from TH,
LTP is suspended from quotation immediately under Listing Rule 17.2, at the request of LTP, pending the release of an announcement regarding the results of a primary and secondary clinical study.
 
ASX speeding ticket :
.
...and then...
suspended from quotation immediately under Listing Rule 17.2, at the request of LTP, pending the release of an announcement regarding the results of a primary and secondary clinical study.
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you ain't seen nothing yet
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back in action... no holding it down
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SPONTAN® achieves positive primary and secondary clinical study results
7 June 2024
Highlights:
• Initial results show SPONTAN® achieves rapid absorption and faster onset of action compared to oral PDE5 inhibitors (i.e., vardenafil, sildenafil, tadalafil)
• SPONTAN’s nasal spray technology delivered a similar amount of drug (Cmax) at half the dose ofthe oral PDE5 and was significantly faster
• Better safety profile for SPONTAN compared to oral PDE5 dosing
• Positive data results will be used for regulatory filings in key markets
• Critical Company milestone showing that SPONTAN could disrupt the global PDE5 market
 
raised $10M in July at 73c. Market cap now $150M
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no holding it back, as the news keeps coming
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Is this getting ready to go again?
Volume has dropped off a bit but recovered from a big down day last Monday.
Watching...
 

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