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Photocure ASA

Regulatory Filings Aug 11, 2023

3714_rns_2023-08-11_616215bf-16ed-45f9-ab59-26fb949ab252.html

Regulatory Filings

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Photocure Partner Asieris confirms Hexvix Phase III clinical trial in China meets endpoint

Photocure Partner Asieris confirms Hexvix Phase III clinical trial in China meets endpoint

Press Release - Oslo, Norway, August 11, 2023: Photocure ASA (OSE: PHO), the

Bladder Cancer Company, announces that its partner Asieris Pharmaceuticals (SSE:

688176) has communicated today that the Hexvix[®] Phase III bridging trial in

China has successfully met its primary research endpoint.

The objective of this multicenter Phase III trial is to support regulatory

approval of Hexvix in Mainland China. The bridging trial is intended to confirm

results from prior clinical trials regarding the safety and detection benefits

of blue light cystoscopy (BLC®) with Hexvix compared to white light cystoscopy

(WLC) in the diagnosis of non-muscle invasive bladder cancer (NMIBC) in a

Chinese population. The clinical trial follows the same protocols for

registration studies in countries where Hexvix already has market

authorization.

A total of 158 patients were enrolled in this study. The completed statistical

analysis results indicate that the study was successful and has achieved the

primary research endpoint, which was defined as; the proportion of patients who

have at least one tumor found by blue light but not by white light cystoscopy.

The results of the study will be submitted to the Chinese National Medical

Products Administration (NMPA) for a new drug application (NDA) in the coming

months.

"The clinical data of Hexvix further confirms its outstanding clinical

performance. We sincerely thank all the researchers and participants for their

dedication and efforts in advancing this clinical research." said Dr. Linda Wu,

Chief Development Officer of Asieris.

"This randomized clinical Phase III trial is the first being conducted with the

Richard Wolf HD "System Blue" BLC equipment to support a regulatory

registration. It will be exciting to see the impact of the improved image

quality on outcomes and the incremental results of BLC in patients needing a

transurethral resection of bladder tumors (TURBTs). We fully expect the Phase

III trial in China to complement the robust randomized controlled clinical

trials which support the international approvals and use of BLC and the benefits

of BLC over WLC alone.", said Anders Neijber, Photocure's Chief Medical Officer.

Asieris Pharmaceuticals is a global biopharma company specializing in

discovering, developing and commercializing innovative drugs for the treatment

of genitourinary tumors and other related diseases.

In January 2021, Asieris entered into a license agreement with Photocure ASA to

obtain the exclusive registration and commercialization rights of Hexvix in

mainland China and Taiwan.

In December 2021, 2021, Hexvix obtained initial clinical use in the Boao Lecheng

International Medical Tourism Pilot Zone in Hainan Province, when the first

patient received blue light cystoscopy with Hexvix at the Hainan General

Hospital. The clinical trial obtained approval from the NMPA in the first

quarter of 2022 and Hexvix was subsequently included in the real-world clinical

data pilot program.

Read Asieris' full media release here: https://asieris.com/asieris-announces

-positive-phase-iii-bridging-trial-of-hexvix-a-diagnostic-drug-for-bladder

-cancer/

The trial is registered here: https://clinicaltrials.gov/ct2/show/NCT05600322

Note to editors:

All trademarks mentioned in this release are protected by law and are registered

trademarks of Photocure ASA.

This press release may contain product details and information which are not

valid, or a product is not accessible, in your country. Please be aware that

Photocure does not take any responsibility for accessing such information which

may not comply with any legal process, regulation, registration or usage in the

country of your origin.

About Bladder Cancer

Bladder cancer ranks as the 8th most common cancer worldwide - the 5th most

common in men - with 1 720 000 prevalent cases (5-year prevalence rate)[1a], 573

000 new cases and more than 200 000 deaths in 2020.[1b]

Approx. 75% of all bladder cancer cases occur in men.[1] It has a high

recurrence rate with up to 61% in year one and up to 78% over five years.[2]

Bladder cancer has the highest lifetime treatment costs per patient of all

cancers.[3]

Bladder cancer is a costly, potentially progressive disease for which patients

have to undergo multiple cystoscopies due to the high risk of recurrence. There

is an urgent need to improve both the diagnosis and the management of bladder

cancer for the benefit of patients and healthcare systems alike.

Bladder cancer is classified into two types, non-muscle invasive bladder cancer

(NMIBC) and muscle-invasive bladder cancer (MIBC), depending on the depth of

invasion in the bladder wall. NMIBC remains in the inner layer of cells lining

the bladder. These cancers are the most common (75%) of all BC cases and include

the subtypes Ta, carcinoma in situ (CIS) and T1 lesions. In MIBC the cancer has

grown into deeper layers of the bladder wall. These cancers, including subtypes

T2, T3 and T4, are more likely to spread and are harder to treat.[4]

1 Globocan. a) 5-year prevalence / b) incidence/mortality by population.

Available at: https://gco.iarc.fr/today, accessed [January 2022].

2 Babjuk M, et al. Eur Urol. 2019; 76(5): 639-657

3 Sievert KD et al. World J Urol 2009;27:295-300

4 Bladder Cancer. American Cancer Society. https://www.cancer.org/cancer/bladder

-cancer.html

About Hexvix[®]/Cysview[®] (hexaminolevulinate HCl)

Hexvix/Cysview is a drug that preferentially accumulates in cancer cells in the

bladder, making them glow bright pink during Blue Light Cystoscopy (BLC[®]). BLC

with Hexvix/Cysview, compared to standard white light cystoscopy alone, improves

the detection of tumors and leads to more complete resection, fewer residual

tumors, and better management decisions.

Cysview is the tradename in the U.S. and Canada, Hexvix is the tradename in all

other markets. Photocure is commercializing Cysview/Hexvix directly in the U.S.

and Europe and has strategic partnerships for the commercialization of

Hexvix/Cysview in China, Chile, Australia, New Zealand and Israel. Please refer

to https://photocure.com/partners/our-partners for further information on our

commercial partners.

About Photocure ASA

Photocure: The Bladder Cancer Company delivers transformative solutions to

improve the lives of bladder cancer patients. Our unique technology, making

cancer cells glow bright pink, has led to better health outcomes for patients

worldwide. Photocure is headquartered in Oslo, Norway and listed on the Oslo

Stock Exchange (OSE: PHO). For more information, please visit us at

www.photocure.com, www.hexvix.com, www.cysview.com

For further information, please contact:

Dan Schneider

President and CEO

Photocure ASA

Email: [email protected]

Erik Dahl

CFO

Photocure ASA

Tel: +4745055000

Email: [email protected]

David Moskowitz

Vice President, Investor Relations

Photocure ASA

Tel: +1 202 280 0888

Email: [email protected]

Media and IR enquiries:

Geir Bjørlo

Corporate Communications (Norway)

Tel: +47 91540000

Email: [email protected]

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