PITTSBURGH, March 1, 2023 /PRNewswire/ -- Lipella Pharmaceuticals Inc. (Nasdaq: LIPO) ("Lipella" or the "Company"), a clinical-stage biotechnology company addressing serious diseases with significant unmet need, today announced the creation of a Scientific Advisory Board in oral health.
The five-member Board will initially focus on the development of LP-310, Lipella's product candidate for the treatment of symptomatic oral lichen planus (OLP). LP-310 is a proprietary liposomal oral rinse formulation of liposomal tacrolimus.
The Board will also provide guidance on the design of the company's phase 2a multicenter dose escalation study of LP-310 for IND submission and will assist Lipella with additional indications in oral liposomal drug delivery and treatment.
Dr. Jonathan Kaufman, Chief Executive Officer of Lipella, said, "We are honored to include this group of highly regarded experts in oral medicine to help us prepare a Phase 2a clinical trial for the treatment of OLP."
Members of the advisory board include:
Dr. Michael Chancellor, M.D., Chief Medical Officer of Lipella, said, "The successful regulatory approval and initiation of the clinical trial of LP-310 will be a critical milestone in Lipella's development. This milestone takes us one step closer to bringing a first-in class treatment for oral lichen planus, a disease that affects over six million Americans and represents great unmet medical need."
Tacrolimus is an FDA-approved drug. Lipella is working to develop tacrolimus via the 505(b)(2) regulatory pathway for oral cavity application. Lipella owns intellectual property rights to the drug's formulation.
About Oral Lichen Planus
Oral lichen planus (OLP) is a chronic inflammatory condition that affects the mucous surfaces of the oral cavity. OLP is common, affecting 1% of the population, yet no U.S. Food and Drug Administration (FDA) approved treatment exists. OLP may appear as lesions in the mouth that may cause burning, pain and affect quality of life. OLP requires regular monitoring given patients have increased risk of developing oral dysplasia and oral cancer. OLP is a disease with great unmet need.
ABOUT LP-310
LP-310 is a liposomal tacrolimus formulation as an oral rinse treatment of OLP. Tacrolimus is already an FDA approved drug enabling Lipella to develop via the 505(b)(2) regulatory pathway tacrolimus for oral cavity application. Lipella owns intellectual property rights to the drug's formulation.
ABOUT LIPELLA PHARMACEUTICALS INC.
Lipella is a clinical-stage biotechnology company focused on developing new drugs by reformulating the active agents in existing generic drugs and optimizing these reformulations for new applications. Additionally, the company maintains a therapeutic focus on diseases with significant, unaddressed morbidity and mortality where no approved drug therapy currently exists. Lipella recently completed an initial public offering in December 2022. For more information, visit www.lipella.com or LinkedIn for updates.
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