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Osteal Therapeutics
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VT-X7 (vancomycin hydrochloride and tobramycin sulfate) for irrigation is a novel drug/device combination product which is delivers broad-spectrum antibiotics, directly to the joint space and surrounding tissue to treat periprosthetic joint infection (PJI).


Lead Product(s): Vancomycin Hydrochloride,Tobramycin Sulfate

Therapeutic Area: Infections and Infectious Diseases Product Name: VT-X7

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable December 05, 2023

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The proceeds will support NDA submission and preparation for commercial launch of company's VT-X7, a novel drug/device combination product designed to deliver therapeutic concentrations of vancomycin hydrochloride and tobramycin, for periprosthetic joint infection.


Lead Product(s): Vancomycin Hydrochloride,Tobramycin Sulfate

Therapeutic Area: Infections and Infectious Diseases Product Name: VT-X7

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Asteroid Partners

Deal Size: $23.0 million Upfront Cash: Undisclosed

Deal Type: Series C Financing September 21, 2023

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VT-X7 (vancomycin hydrochloride and tobramycin sulfate) for irrigation is a novel drug/device combination product which is delivers broad-spectrum antibiotics, directly to the joint space and surrounding tissue to treat periprosthetic joint infection (PJI).


Lead Product(s): Vancomycin Hydrochloride,Tobramycin Sulfate

Therapeutic Area: Musculoskeletal Product Name: VT-X7

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable February 07, 2023

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VT-X7, (Vancomycin Hydrochloride), a drug/device combination product that locally delivers, via irrigation, highly targeted antibiotic therapy to the hip or knee during an accelerated seven-day interstage period of a two-stage exchange arthroplasty.


Lead Product(s): Vancomycin Hydrochloride,Tobramycin

Therapeutic Area: Musculoskeletal Product Name: VT-X7

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable November 04, 2022

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The proceeds will enable Osteal to continue development of its integrated technologies, advance the clinical development of its lead candidate, VT-X7 for treatment of periprosthetic joint infection and fund new research programs.


Lead Product(s): Vancomycin Hydrochloride,Tobramycin

Therapeutic Area: Infections and Infectious Diseases Product Name: VT-X7

Highest Development Status: Phase IIProduct Type: Small molecule

Partner/Sponsor/Collaborator: HM Capital

Deal Size: $30.0 million Upfront Cash: Undisclosed

Deal Type: Series B Financing March 08, 2022

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