Categories: Wire Stories

Oncocross Completes Phase I Global Clinical Trial of OC514, Treatment for Sarcopenia

Accelerates a new drug development for sarcopenia through its unique AI platform

SEOUL, South Korea–(BUSINESS WIRE)–#AIbiotechOncocross, a Seoul-based AI drug discovery and development biotech, announced the completion of phase 1 global clinical trial of OC514, a treatment targeting sarcopenia and other rare muscular diseases. Phase 1 was conducted in Australia.

Sarcopenia, a syndrome characterized by progressive and generalized loss of skeletal muscle mass and strength that is often accompanied by age-related issues and cancers, was coded as a specific disease by the CDC and WHO in 2016. Although there are no approved drugs in the market yet, the sarcopenia-related healthcare market is gradually expanding including food supplements.

Oncocross is developing OC514 as a drug-drug combination product designed to prevent or treat sarcopenia using Oncocross’ proprietary AI platform RAPTOR AI™. The study was conducted as a randomized, double-blind, dose-ranging, placebo-controlled to evaluate the safety, pharmacokinetics, and pharmacodynamic effects of OC514 in 28 healthy volunteers.

Oncocross announced that it had demonstrated the objective safety and pharmacokinetic profile of OC514 through the safety evaluation and the analysis of pharmacokinetic parameters according to the doses in this clinical trial. In addition, the company stated that by successfully completing phase 1 clinical trial in Australia, they established the foundation for evaluating the efficacy and safety of OC514 targeting diseases accompanied by muscle diseases such as sarcopenia.

Dr. Yirang Kim, CEO of Oncocross, mentioned, “I believe we have taken a step closer to developing a treatment for sarcopenia, which is a major obstacle not only for the elderly but also for cancer patients,” adding “We will start preparing for the pre-IND with the US FDA for phase 2 clinical trial in multi-sites including the US. This will accelerate our efforts to develop a new drug to address the significant medical unmet needs associated with sarcopenia.”

Contacts

Oncocross Co., Ltd.
Daniel Kim
+82-2-867-9967
daniel.kim@oncocross.com

Alex

Recent Posts

Telosin X Debuts in Singapore at The Mineral Boutique: Revolutionizing At-Home Skincare

SINGAPORE - Media OutReach Newswire - 8 November 2024 – Singapore's beauty enthusiasts have a…

18 mins ago

The Mineral Boutique Expands in Singapore with Three Prime Retail Locations, Strengthening Its Regional Presence with Unique Multi-Brand Offerings

SINGAPORE - Media OutReach Newswire - 8 November 2024 - The Mineral Boutique, a premier…

19 mins ago

Live Group Launches Envoku: Redefining Personalised Engagement

Unveiling The Future of Communication: People-Centric, and Hyper-personalised SINGAPORE - Media OutReach Newswire - 8…

33 mins ago

Lianlian DigiTech Showcases “Dual Booths” at the 2024 Singapore FinTech Festival, Demonstrating Achievements in Digital Payment Services to the World

SINGAPORE - Media OutReach Newswire - 8 November 2024 - The 2024 Singapore FinTech Festival…

34 mins ago

Live Group Launches Envoku: Redefining Personalised Engagement with AI-Driven Solutions

Unveiling The Future of Communication: AI-Powered, People-Centric, and Hyper-personalised SINGAPORE - Media OutReach Newswire -…

49 mins ago

Hong Kong Design Centre Unveils 2024 DFA Young Design Talent Award Winners: Celebrating 17 Rising Stars

HONG KONG SAR - Media OutReach Newswire - 8 November 2024 - Hong Kong Design…

1 hour ago