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BerGenBio

Regulatory Filings Jan 27, 2022

3555_iss_2022-01-27_d8824394-ad45-45e5-b702-e71304f852f2.html

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BerGenBio and Oslo University Hospital Announce the AXL Inhibitor Bemcentinib will be Studied in the EU Funded EU-SolidAct trial in Hospitalised COVID-19 Patients

BerGenBio and Oslo University Hospital Announce the AXL Inhibitor Bemcentinib will be Studied in the EU Funded EU-SolidAct trial in Hospitalised COVID-19 Patients

Bergen/Oslo, Norway 27 January 2022- BerGenBio ASA (OSE:BGBIO), a clinical-stage

biopharmaceutical company developing novel, selective AXL inhibitors for severe

unmet medical needs and Oslo University Hospital announced today the execution

of a collaborative agreement to study the BerGenBio AXL inhibitor bemcentinib,

in hospitalised COVID-19 patients.

The EU-SolidAct trial - European DisCoVeRy for Solidarity: An Adaptive Pandemic

and Emerging Infection Platform Trial - is part of EU-RESPONSE, a pan-European

research project involved withthe rapid and coordinated investigation of

medicationsto treat COVID-19 during the ongoing pandemic. The EU-SolidAct

(EudraCT: 2021-000541-41; clinicaltrials.gov ID NCT04891133) is a multi-center,

randomized, adaptive Phase 2 and 3 platform trial, the master protocol of which

has been developed to evaluate potential treatments in hospitalised patients

with COVID-19, the disease caused by the SARS-CoV2 virus (coronavirus). Under

the trial, bemcentinib will be studied in up to 500 hospitalised COVID-19

patients. In support of the trial, BerGenBio will provide bemcentinib drug

material and incremental funding of costs related to the bemcentinib sub

-protocol.

The first drug studied under the EU-SolidAct platform was baricitinib, marketed

by Eli Lilly and Company, and is now under market authorisation evaluation by

the EMA (European Medicines Agency) for use in hospitalised COVID-19 patients.

BerGenBio's AXL inhibitor, bemcentinib, has been selected by an international

expert group to be the second compound to be studied in the EU-SolidAct

platform.

EU-SolidAct has established clinical sites in 15 countries. The trial is

sponsored by Oslo University Hospital, Norway in collaboration with the Institut

National de la Santé Et de la Recherche Médicale (Inserm), France and the not

-for-profit intergovernmental organization European Clinical Research

Infrastructure Network (ECRIN). The trial through the EU-RESPONSE project has

received funding from the European Union's Horizon 2020 research and innovation

programme under grant agreement No 101015736. Individual patient-level data will

be made as public as possible while maintaining the integrity and privacy of the

trial participants.

Martin Olin, Chief Executive Officer of BerGenBio, commented: "As the COVID-19

pandemic continues to evolve, it is even more important to identify new

therapies for hospitalised patients that have a mechanism of action effective

across disease variants. The EU-SolidAct platform provides BerGenBio with a

unique opportunity to rapidly study the effectiveness of bemcentinib and to

evaluate the promising signals of efficacy that were observed in the

hospitalised patients requiring oxygen in earlier studies."

Associate professor Marius Trøseid, Oslo University Hospital, Chief Investigator

of EU-SolidAct, commented: "With new variants and evolving patient populations,

it is increasingly important to have more treatment options for preventing need

of intensive care and long hospitalisations. We hope that bemcentinib will help

reduce disease severity and improve the clinical condition of hospitalized

patients."

Contacts

For the EU-SolidAct:

Chief Investigator Marius Trøseid, Oslo University Hospital,

+4792440240,[email protected]

Trøseid is Senior consultant and Associate professor.

For BerGenBio:

Martin Olin, CEO, BerGenBio ASA

[email protected]

Rune Skeie, CFO, BerGenBio ASA

[email protected]

International Media Relations

Mary-Jane Elliott, Chris Welsh, Lucy Featherstone

Consilium Strategic Communications

[email protected]

+44 20 3709 5700

About BerGenBio ASA

BerGenBio is a clinical-stage biopharmaceutical company focused on developing

transformative drugs targeting AXL as a potential cornerstone of therapy for

aggressive diseases, including immune-evasive, therapy resistant cancers. The

company's proprietary lead candidate, bemcentinib, is a potentially first-in

-class selective AXL inhibitor in a broad phase II clinical development

programme focused on combination and single agent therapy in cancer and COVID

-19. A first-in-class functional blocking anti-AXL antibody, tilvestamab, is

undergoing phase I clinical testing. In parallel, BerGenBio is developing

companion diagnostic tests to potentially identify patient populations most

likely to benefit from AXL inhibition. This is expected to facilitate more

efficient registration trials supporting a precision medicine-based

commercialisation strategy.

BerGenBio is based in Bergen, Norway with a subsidiary in Oxford, UK. The

company is listed on the Oslo Stock Exchange (ticker: BGBIO). For more

information, visit? www.bergenbio.com

About Oslo University Hospital

Oslo University Hospital is a highly specialized hospital in charge of extensive

national, regional and local hospital assignments. As Scandinavia's largest

hospital, we carry out more than 1.2 million patient treatments each year. Oslo

University Hospital is responsible for approximately 50 percent of all medical

and health care research conducted at Norwegian hospitals. We have a leading

role in the development of research and innovation, as well as the development

of tomorrow's healthcare, precision medicine and treatment.

About Inserm

Founded in 1964, Inserm is a public science and technology institute. It is

dedicated to biomedical research and human health and is involved every step of

the way from the research laboratory to patient care. It is one of the most

prestigious institutions in the world that is committed to scientific challenges

and progress in these fields. Inserm brings together more than 15,000

researchers, engineers, technicians and administrative staff to improve the

health of all. www.inserm.fr/en/

Forward looking statements

This announcement may contain forward-looking statements, which as such are not

historical facts, but are based upon various assumptions, many of which are

based, in turn, upon further assumptions. These assumptions are inherently

subject to significant known and unknown risks, uncertainties, and other

important factors. Suchrisks, uncertainties, contingencies and other important

factors could cause actual events to differ materially from the expectations

expressed or implied in this announcement by such forward-looking statements.

This information is considered to be inside information pursuant to the EU

Market Abuse Regulation and is subject to the disclosure requirements pursuant

to section 5-12 of the Norwegian Securities Trading Act.

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