-- Company advances commercialization of product into $1 billion industry
-- Combination product demonstrates positive directional improvement compared to placebo in Global Score of Disease Severity and the onset of symptom relief
-- Data demonstrate an excellent safety profile
-- Company plans to conduct future studies
Citius Pharmaceuticals, Inc. (OTCQB: CTXR) today announced top line data from the first Phase 2a clinical trial of hydrocortisone acetate (HC) and lidocaine hydrochloride (L) as single agents and in combination (HC+L) in patients with grade I and II hemorrhoids. Citius' hydrocortisone and lidocaine cream is targeting to become the first FDA –approved prescription product to treat hemorrhoids in the U.S.
In
this randomized, double blind study of topical formulations of
hydrocortisone, lidocaine and hydrocortisone + lidocaine were tested in
patients with Grade I and II hemorrhoids. There have been no historical
randomized, placebo-controlled studies of these two drugs used either
individually or in combination to treat hemorrhoids. Therefore, this
study's objective was to obtain data to inform the design of future
studies. In this study, 210 patients were treated twice daily for
14-days with either placebo or one of the six active drug treatments
(i.e., two concentrations of each HC, L and HC+L). Patients kept a
diary of their symptoms. Additionally, there were 4 physician
assessments during which patients were evaluated on the Global Score of
Disease Severity (GSDS) scale as well as on the individual signs and
symptoms of hemorrhoids such as bleeding, pruritus and overall pain and
discomfort, and time to the onset of symptom relief.
Within
the first few days of treatment the highest concentration of the
hydrocortisone + lidocaine product was directionally superior to the
placebo as measured by the number of subjects experiencing a minimum of 2
levels improvement from baseline according to the GSDS scale. This
study was not powered to obtain statistical significance; however the
data suggest that the combination product may also perform better than
the HC or L alone. The trend of HC+L superiority over placebo was also
generally consistent for the treatment of individual signs and symptoms
of hemorrhoidal disease – bleeding, itching, pain and overall
discomfort. In addition, no safety signal of note was recorded in the
trial.
"We
are pleased with the results of this study which was intended to test
the hypothesis that a steroid and anesthetic drug combination can be an
effective way to reduce the symptoms of hemorrhoids," said Mr. Leonard Mazur,
Chairman and Chief Executive Officer of Citius Pharmaceuticals, Inc.
"As expected, the data provides a positive directional signal and also
indicate early reduction of symptoms. We look forward to submitting
these results to the FDA as we move toward commercialization of our
product within this $1 billion market with unmet need. "
About Hemorrhoids
Hemorrhoids
are a common gastrointestinal disorder, characterized by itching, pain,
swelling and tenderness and bleeding. In the U.S., hemorrhoids
affect nearly 5% of the population, with approximately 10 million
persons annually admitting to having symptoms of hemorrhoidal disease.
Of these afflicted persons, approximately one third visit a physician
for evaluation and treatment of their hemorrhoids. The data also
indicate that for both sexes a peak of prevalence occurs from age 45 to
65 years with a subsequent decrease after age 65. Caucasian populations
are affected significantly more frequently than African Americans, and
increased prevalence rates are associated with higher socioeconomic
status in men but not women. Development of hemorrhoids before age 20 is
unusual. In addition, between 50% and 90% of the general U.S., Canadian
and European population will experience hemorrhoidal disease at least
once in life. Although hemorrhoids and other anorectal diseases are not
life-threatening, individual patients can suffer from agonizing symptoms
which can limit social activities and have a negative impact on the
quality of life. We believe that currently there are no FDA approved
products for the treatment of hemorrhoids.
About Citius Pharmaceuticals, Inc.
Citius
is a specialty pharmaceutical company dedicated to the development and
commercialization of therapeutic products for large and growing markets
using innovative, patented or proprietary formulations of previously
approved pharmaceutical products. We seek new and expanded indications
for previously approved pharmaceutical products as a means to achieving
leading market positions or potential market exclusivity. By using
previously approved drugs with substantial safety and efficacy data, we
seek to reduce the risks associated with pharmaceutical product
development. We seek to achieve these objectives by utilizing the U.S.
Food and Drug Administration's, or FDA's, 505(b)(2) pathway for our new
drug approvals. We believe this pathway is comparatively faster, lower
risk and less expensive than the FDA's traditional new drug approval
pathway. In addition, we focus on obtaining intellectual property
protection with the objective of listing relevant patents in the FDA
Orange Book in order to limit generic competition.
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