
Nexalis Therapeutics starts Phase 2 cancer pain trial
Nexalis Therapeutics (ASX:NX1) announced a clinical breakthrough with the screening of the first patient in its Phase 2 clinical trial for IRX-211.
The investigative treatment is designed to combat breakthrough cancer pain, a sudden and intense flare of pain that occurs despite stable background opioid therapy.
The milestone marks the transition of IRX-211 from healthy volunteer testing into controlled clinical evaluation within its intended patient population.
The multicentre study is structured as a randomised, double-blind, placebo-controlled cross-over trial.
It begins with 'Part A', an open-label titration phase where adult patients self-titrate the medication to identify an individualised effective dose.
'Part B' follows as a rigorous cross-over evaluation, where at least 78 of the planned 156 recruits will treat multiple BTcP episodes with either IRX-211 or a placebo.
The design allows for a direct within-patient comparison of efficacy and safety, providing high-quality data for future regulatory discussions.
Nexalis is eyeing a substantial market opportunity, with the global cancer pain sector estimated to reach approximately US$11 billion by 2028.
Following a successful Phase 1 programme that demonstrated an excellent safety profile and rapid systemic exposure, the company remains positioned for value-driving data.
The trial not only validates the clinical potential of IRX-211 but also strengthens Nexalis’s standing for future global partnering opportunities in the oncology and palliative care space.
At the time of reporting, Nexalis Therapeutics’ share price was $0.023.
Frequently asked questions
More from Australia
Resurgent inflation pressures test key Australian consumer shares
The digital cart rush redefining Australian retail profit pools
Trans-Tasman insurers battle contract churn while defending profit margins
Capital battles heat up as takeover offers challenge listed housing operators
The equities fueling the next infrastructure supercycle
Crypto networks collide with sanctions in a fight for financial access