BiomX Discontinues Cystic Fibrosis Program and Reduces Workforce

Reuters12-08
BiomX Discontinues Cystic Fibrosis Program and Reduces Workforce

BiomX Inc. announced the discontinuation of its Phase 2b clinical trial of BX004 for the treatment of Cystic Fibrosis associated with chronic Pseudomonas aeruginosa infections. The decision followed an evaluation of projected timelines and resources required to proceed with an alternative dosing strategy recommended by an independent Data Monitoring Committee, which were determined to be beyond the company's available resources. BiomX will implement cost-cutting measures, including a significant reduction of its workforce. The company will now focus on advancing its bacteriophage-based therapeutic candidate BX011 for diabetic foot infections, subject to the availability of sufficient financial and other resources, and is reviewing other strategic alternatives.

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