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Artelo Biosciences Announces Successful Completion of First Cohort in a Phase 1 Study of ART26.12

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Artelo Biosciences
Artelo Biosciences

The first selective Fatty Acid Binding Protein 5 inhibitor safely administered to human subjects

Initial safety and pharmacokinetic data expected during the first half 2025

SOLANA BEACH, Calif., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Artelo Biosciences, Inc (Nasdaq: ARTL), a clinical-stage pharmaceutical company focused on modulating lipid-signaling pathways to develop treatments for people living with cancer, pain, or dermatologic and neurological conditions, today announced the completed safety review of the first cohort of eight healthy volunteers in the Company’s Phase 1 study of ART26.12. Progression to the next cohort marks a major milestone in the development of Fatty Acid Binding Protein (FABP) inhibitors as a novel treatment approach for a large number of potential indications.

ART26.12 is the lead compound in Artelo’s proprietary FABP platform and is believed to be the first-ever selective FABP5 inhibitor to enter clinical trials. The FABP5 target is an intracellular protein involved in lipid signalling, heralding a promising mechanism of action for modifying the cellular lipidome. In development as a non-opioid approach to the management of painful neuropathies, ART26.12 has already demonstrated significant promise in multiple preclinical pain models including, Chemotherapy Induced Peripheral Neuropathy (CIPN), Diabetic Neuropathy, cancer bone pain and osteoarthritis.

“We are pleased to report on the progress with ART26.12, our lead FABP inhibitor,” said Gregory D. Gorgas, President and Chief Executive Officer of Artelo Biosciences. “Based on the encouraging safety profile of ART26.12 in preclinical studies, we look forward to learning from the initial safety, pharmacokinetic, and biomarker data from this ongoing human study, which is expected to be completed during the first half of 2025. As the leading company pursuing FABP inhibition, we are committed to building on the unique, lipid-modulating mechanism of FABP inhibition to address the unmet needs of patients reliant on medicines that are often ineffective and intolerable. ART26.12 is the first clinical stage candidate drug from our extensive FABP inhibitor platform.”

With dosing already underway, the next cohort in the Phase 1 study will provide additional insight into the development of this unprecedented approach to harnessing the power of FABP inhibition. Results from the current Phase 1 single ascending dose study are intended to determine the most suitable doses of ART26.12 to utilize in a multiple ascending dose study evaluating ART26.12 in healthy volunteers planned for the second half of 2025.

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