Dogwood Therapeutics announced that the US FDA has accepted an Investigational New Drug (IND) application for SP16, an intravenously administered low-density lipoprotein receptor-related protein-1 (LRP1) agonist, for the treatment of chemotherapy-induced pain and peripheral neuropathy (CIPPN). The filing marks the first time SP16 has entered formal US clinical development, with Serpin Pharma holding the IND as regulatory sponsor. The company licensed the asset from Serpin Pharma in September 2025 under a royalty-free global agreement.
The IND acceptance clears the path for a Phase Ib trial in patients with CIPPN, with enrollment expected to begin in mid-2026 at the University of Virginia. The study is fully funded by a USD 2.5 million grant from the National Cancer Institute.
SP16 is proposed to act through two mechanisms: anti-inflammatory activity via reductions in IL-6, IL-8, IL-1β, and TNF-alpha, and tissue repair signaling through increases in pAKT and pERK. The company describes these as hypothesized actions, and the available evidence supporting them is preclinical. No human efficacy or safety data have been reported.
The IND acceptance positions SP16 as Dogwood's second candidate in active clinical development for chemotherapy-related neuropathy. The company's lead asset, Halneuron, a NaV1.7 voltage-gated sodium channel modulator, holds FDA Fast Track designation for chemotherapy-induced neuropathic pain and is currently in Phase 2b development. The two programs target overlapping but distinct aspects of the CIPPN symptom burden, with SP16 described as addressing numbness, tingling, and impaired motor function alongside pain.