Exebacase is a Recombinant Enzyme owned by ContraFect, and is involved in 5 clinical trials, of which 3 were completed, 1 is ongoing, and 1 is planned.
Exebacase elicits antibacterial activity by disrupting bacterial cell wall. Lysins are bacteriophage enzymes that digest the key component of bacteria, the cell wall. When exposed to a lysin the bacterium develops a hole in its wall and due to its internal osmotic pressure it results in lysis.
The revenue for Exebacase is expected to reach a total of $4.4bn through 2038. This change impacts the valuation of this asset and is an important factor to understand the current value of the drug in a clinical process. View the complete picture with the Exebacase NPV Report.
Exebacase was originated by Rockefeller University and is currently owned by ContraFect.
Exebacase Overview
Exebacase (PlySs2) is under development for the treatment of prosthetic joint infections. It is a bacteriophage lysin administered through intravenous and intraarticular route. It is developed based on pAVEway advanced protein expression technology. It was also under development for bacterial pnemonia, abscesses, meningitis and skin structure infections (SSSI) caused by bacteria and staphylococcus bacteremia, including methicillin-resistant S. aureus (MRSA), endocarditis.
ContraFect Overview
ContraFect operates as a clinical stage biotechnology company that discovers and develops therapeutic protein and antibody products. It develops products using lysin and monoclonal antibody platforms for the treatment of life threatening, drug-resistant infectious diseases. The company’s lead product candidates include CF-301, a recombinant bacteriophage derived lysin intended for the treatment of staphylococcus aureus bloodstream infections and offers CF-404, a combination of human monoclonal antibodies intended for the treatment of seasonal and pandemic influenza infections. It’s pipeline portfolio consists other lysin candidates in preclinical stage. ContraFect is headquartered in Yonkers, New York, the US.
The operating loss of the company was US$47.3 million in FY2021, compared to an operating loss of US$34.2 million in FY2020. The net loss of the company was US$20.3 million in FY2021, compared to a net loss of US$28.2 million in FY2020.
Quick View – Exebacase
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