Australia’s Recce Pharmaceuticals (ASX: RCE) has announced positive data from a Phase II trial evaluating RECCE 327 Topical Gel (R327G) for the treatment of acute bacterial skin and skin structure infections (ABSSSI), with the news pushing the firm’s shares up around 9%.
“These impressive results underscore the potential of our topical gel to meet critical unmet medical needs in infection treatment, said James Graham, chief executive of Recce Pharmaceuticals, adding: “As we advance towards registrational Phase III trials in Indonesia and Australia, we are encouraged by the rapid efficacy and strong safety outcomes demonstrated in this study.
Market potential
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