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Lakewood-Amedex Biotherapeutics Supports Reintroduction of the PASTEUR Act and Focus on Combating Antimicrobial Resistance

Key Takeaway: Lakewood-Amedex Biotherapeutics has expressed support for the reintroduction of the PASTEUR Act, aimed at combating antimicrobial resistance (AMR). The company highlights its Bisphosphocin® platform and lead candidate Nu-3, which targets infected diabetic foot ulcers. This initiative is crucial as AMR poses a significant threat to global healthcare.
Price reaction · baseline $2.74 (2026-07-06 close) · hit pre-market · clean, no other LABT news in the window
day 0 close
-12.8%
day 1 · peak
-13.1%
day 3
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POSITIVE FACTORS

  • Support for the bipartisan PASTEUR Act highlights commitment to combat AMR.
  • Innovative Bisphosphocin® platform shows promise against resistant bacterial strains.
  • Nu-3 is entering Phase 2 clinical development, addressing a significant medical need.

Full Press Release Details

Company highlights its differentiated Bisphosphocin®platform and lead clinical candidate Nu-3 as innovative approaches to addressing microbial infections and the risk of resistance development
SARASOTA, Fla.,July 7, 2026/PRNewswire/ --Lakewood-Amedex Biotherapeutics Inc., (NASDAQ:LABT, the "Company"), a clinical-stage biotechnology company advancing a novel class of potent, fast-acting, broad-spectrum antimicrobials for infectious diseases called the Bisphosphocin®class, announced its support for the reintroduction of the bipartisan Pioneering Antimicrobial Subscriptions to End Upsurging Resistance (PASTEUR) Act, legislation designed to encourage the development of novel therapies to address the growing global threat of antimicrobial resistance (AMR).
"Antimicrobial resistance is rapidly becoming one of the greatest threats to global healthcare, making the development of novel anti-infective therapies more important than ever," said Kelvin Cooper, Ph.D., Chief Executive Officer of Lakewood-Amedex Biotherapeutics. "The reintroduction of the PASTEUR Act recognizes the urgent need for innovation in this critically important field. At Lakewood-Amedex Biotherapeutics, we believe our proprietary Bisphosphocin®platform represents exactly the type of differentiated antimicrobial technology needed to help address resistant microbial infections, and we look forward to advancing the development of Nu-3 in patients with infected diabetic foot ulcers."
Lakewood-Amedex Biotherapeutics' proprietary Bisphosphocin®class of compounds has been shownin vitroto rapidly kill bacteria through a pH and concentration dependent destabilization of the bacterial cell membrane. This mechanism of action not only leads to highin vitroactivity against antibiotic resistant strains, including Methicillin-resistant Staphylococcus aureus (MRSA) and Vancomycin-resistant Enterococci (VRE), but may also lower the probability of resistance development against the Bisphosphocin®class as suggested by initial in-vitro resistance development data.
The Company's is preparing to enter Phase 2 clinical development with its lead product candidate, Nu-3, as a topical therapy for infected diabetic foot ulcer (iDFU). iDFUs represent a significant unmet medical need, affecting millions of patients worldwide and often leading to hospitalization and amputation if the infection cannot be controlled in an early stage. The emergence of antibiotic-resistant pathogens has further complicated treatment, underscoring the need for innovative therapeutic options such as Nu-3.
About Lakewood-Amedex Biotherapeutics Inc.Lakewood-Amedex Biotherapeutics Inc. (NASDAQ:LABT) is a clinical-stage biotechnology Company developing a novel class of fast-acting, broad-spectrum antimicrobials – the Bisphosphocin®class - to treat infectious diseases and reduce the threat posed by antibiotic-resistant bacterial strains, including MRSA, VRE, and others. For more information, please visithttps://lakewoodamedex.com.
Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Lakewood-Amedex Biotherapeutics Inc.'s clinical development plans, regulatory strategy, anticipated trial timing, potential regulatory submissions or approvals, and the potential benefits, safety, efficacy and commercial potential of its Bisphosphocin® platform and product candidates. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including risks that clinical trials may not be initiated, completed or successful on expected timelines or at all; preclinical or clinical results may not be predictive of future results; product candidates may not demonstrate safety or efficacy or receive regulatory approval; and risks related to manufacturing, supply, financing and other matters described in the company's SEC filings, including under "Risk Factors." Forward-looking statements speak only as of the date of this press release, and the company undertakes no obligation to update them except as required by law.

Frequently Asked Questions

What is the PASTEUR Act?

The PASTEUR Act is legislation aimed at encouraging the development of novel therapies to combat antimicrobial resistance.

What is Lakewood-Amedex's lead candidate?

Lakewood-Amedex's lead candidate is Nu-3, targeting infected diabetic foot ulcers.

What does the Bisphosphocin® platform do?

The Bisphosphocin® platform is designed to rapidly kill bacteria and reduce resistance development.

What phase is Nu-3 currently in?

Nu-3 is preparing to enter Phase 2 clinical development.

Why is antimicrobial resistance a concern?

Antimicrobial resistance poses a significant threat to global healthcare, complicating treatment options.

Last updated: Jul 7, 2026