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BerGenBio

Regulatory Filings Sep 7, 2021

3555_rns_2021-09-07_15f019e7-6149-4962-a632-d5aa20ea9f82.html

Regulatory Filings

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BERGENBIO COMPLETES RECRUITMENT OF PHASE II AML STUDY (BGBC003)

BERGENBIO COMPLETES RECRUITMENT OF PHASE II AML STUDY (BGBC003)

Bergen, Norway, 7 September 2021?- BerGenBio ASA (OSE: BGBIO), a clinical-stage

biopharmaceutical company developing novel, selective AXL kinase inhibitors for

severe unmet medical needs, is pleased to announce the completion of patient

recruitment into BGBC003 (ClinicalTrials.gov ID: NCT02488408), a Phase Ib/II

multicenter open-label study of bemcentinib as a single agent and in combination

with cytarabine or decitabine in patients with Acute Myeloid Leukemia (AML) or

as a single agent in patients with myelodysplastic syndrome (MDS).

BerGenBio has recruited a total of 86 patients in cohort B, with between 14 and

18 patients in each of the cohorts B1-B4 and 20 patients in cohort B5, as per

protocol.

In June 2021, the latest study data was published at the European Haematology

Association (EHA) Meeting, which indicated that the combination of bemcentinib

and low dose cytarabine (LDAC) is efficacious and well tolerated in relapsed

elderly AML patients unfit for intensive chemotherapy, with an overall response

rate of 31% (5/16) and median overall survival of 13.3 months. The encouraging

preliminary survival data reported showed that the addition of bemcentinib more

than doubled the historic survival rates seen with standard of care treatment in

this patient population.

An in-depth translational research program to identify predictive molecular and

biological factors associated with response is ongoing.

Dialogue continues with the regulatory agencies in the US and Europe to align on

a pathway for a pivotal registration trial for the bemcentinib/LDAC combination

in relapsed elderly AML patients unfit for intensive chemotherapy.

Rune Skeie, Interim Chief Executive Officer, said: "We are pleased to have

completed enrolment of the BGBC003 study and now look forward to delivering our

full analysis of the data from this important trial. There is a significant

unmet need for an effective therapy for relapsed elderly AML patients unfit for

intensive chemotherapy, for whom there are currently few treatment options

available. With encouraging data shown so far, we will continue dialogue with

the regulators towards progressing bemcentinib in this indication."

Prof. Dr. Sonja Loges, Chief Investigator of the trial, commented: "We have been

very encouraged by the positive responses observed so far in relapsed AML

patients with many patients remaining on bemcentinib for extended durations.

With the trial fully recruited, we hope that data gathered will prove useful in

the continued exploration of bemcentinib's potential efficacy in AML, as well as

helping us identify predictive biomarkers that may help identify  patients most

likely to benefit from this approach."

-Ends-

About AXL

AXL kinase is a cell membrane receptor and an essential mediator of the

biological mechanisms underlying life-threatening diseases.

In COVID-19, AXL has two synergistic mechanisms of action, it acts a co-receptor

to ACE2, to which the spike protein of the SARS-CoV-2 virus attaches and enters

the host cell, and AXL expression is upregulated in infected organs with an

activation of the signalling pathway leading to suppression of the Type 1

Interferon immune response by infected cells and neighbouring cells, in their

environment. Pre-clinical research studies demonstrate that bemcentinib inhibits

SARS-CoV-2 host cell entry and promotes anti-viral Type I interferon response.

In cancer, increase in AXL expression has been linked to key mechanisms of drug

resistance and immune escape by tumour cells, leading to aggressive metastatic

cancers. AXL suppresses the body's immune response to tumours and drives

treatment failure across many cancers. High AXL expression defines a very poor

prognosis subgroup in most cancers. AXL inhibitors, such as bemcentinib,

therefore, have potential high value as monotherapy and as the cornerstone of

cancer combination therapy, addressing significant unmet medical needs and

multiple high-value market opportunities. Research has also shown that AXL

mediates other aggressive diseases including fibrosis.

About Bemcentinib

Bemcentinib (formerly known as BGB324), is a potential first-in-class, potent

and highly selective AXL inhibitor, currently in a broad phase II clinical

development programme. It is administered as an oral capsule and taken once per

day. Ongoing clinical trials are investigating bemcentinib in COVID-19, and

multiple solid and haematological tumours, in combination with current and

emerging therapies (including immunotherapies, targeted therapies and

chemotherapy), and as a single agent. Bemcentinib targets and binds to the

intracellular catalytic kinase domain of AXL receptor tyrosine kinase and

inhibits its activity.

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, leukaemia

and COVID-19. A first-in-class functional blocking anti-AXL antibody,

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

developing a companion diagnostic test to 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

Contacts

[email protected]

Rune Skeie, Interim CEO, BerGenBio ASA

[email protected]

+47 917 86 513

International Media Relations

Mary-Jane Elliott, Chris Welsh, Lucy Featherstone, Carina Jurs

Consilium Strategic Communications

[email protected]

+44 20 3709 5700

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. Such risks, 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 subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

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