Successful SHIELD II Phase III Trial Results
The SHIELD II Phase III trial demonstrated significant clinical benefits of D-PLEX100 in preventing surgical site infections (SSIs) in abdominal colorectal surgeries, with a statistically significant reduction of 38% in the primary endpoint and a 58% reduction in the rate of SSIs.
Strong Financial Position
PolyPid strengthened its balance sheet with cash and cash equivalents of $17.4 million and short-term deposits of $12 million, totaling $29.5 million, a significant improvement from $15.6 million as of December 31, 2024.
Positive Reception and Partnership Interest
D-PLEX100 generated substantial interest from potential commercial partners, healthcare professionals, and thought leaders, and there's increased interest from potential partners following Phase III results.
Progress in GLP-1 Program
Significant progress was made on the GLP-1 program aimed at addressing metabolic diseases, representing an exciting opportunity to expand PolyPid's therapeutic footprint.