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BerGenBio

Earnings Release Jun 7, 2021

3555_rns_2021-06-07_f93751da-c1e7-456c-bc78-f46a6cc3aad0.html

Earnings Release

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BERGENBIO TO PRESENT PRECLINICAL DATA ON TILVESTAMAB IN CHRONIC KIDNEY DISEASE AT ERA-EDTA VIRTUAL CONGRESS 2021

BERGENBIO TO PRESENT PRECLINICAL DATA ON TILVESTAMAB IN CHRONIC KIDNEY DISEASE AT ERA-EDTA VIRTUAL CONGRESS 2021

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

biopharmaceutical company developing novel, selective AXL kinase inhibitors for

severe unmet medical need, is pleased to present preclinical data on its first

-in-class, fully humanised, therapeutic anti-AXL function blocking monoclonal

antibody, tilvestamab, in chronic kidney disease at the European Renal

Association - European Dialysis and Transplant Association (ERA-EDTA) Virtual

Congress.

This preclinical study was conducted to characterise AXL as a target in chronic

kidney disease (CKD) and to investigate the anti-fibrotic efficacy of

tilvestamab using an ex vivo model of human Precision Cut Kidney Slices (PCKSs).

The study results showed that AXL expression was induced in key cell populations

during the development of kidney fibrosis in the unilateral ureteric-outflow

obstruction (UUO) model of kidney fibrosis in mice. In an ex vivo model using

human Precision Cut Kidney Slices (PCKSs), tilvestamab dose-dependently reduced

the levels of ?SMA, a marker of myofibroblast activation. When combined with

the ACE inhibitor enalapril, tilvestamab synergized to reduce ?SMA levels

further as well as reducing secreted Collagen 1a1. This data supports AXL as a

novel target in CKD and highlights the potential of tilvestamab as a promising

candidate for pharmacologic intervention in kidney fibrosis, with potential

synergies with current reno-protective therapies warranting further exploration.

Read the full abstract on the ERA-EDTA website here: https://www.era

-edta.org/en/virtualcongress2021/ndt-abstracts-book/

Details of the presentation are as follows:

Title: Tilvestamab, a function-blocking monoclonal antibody inhibitor of AXL RTK

signalling, limits the onset of renal fibrotic changes in human kidneys ex vivo

Session: Renal pathology. Experimental and clinical

Abstract ID: MO074

Date/Time: 05/06/2021 08:00

Author: Linn Hodneland Nilsson

-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 that leads to suppression of

the Type 1 Interferon immune response by host cells and in their environment.

Research data confirms bemcentinib inhibits SARS-CoV-2 host cell entry and

promotes the anti-viral Type I interferon response. Data from a Phase II

in human clinical trial has shown that treatment with AXL inhibitor bemcentinib

increased the rate of ventilator free survival in hospitalised COVID-19

patients.

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 Tilvestamab

Tilvestamab (BGB149) is a first-in-class, fully humanised, therapeutic anti-AXL

function blocking monoclonal antibody, developed by BerGenBio. A Phase Ia study

in healthy volunteers has been completed. Pre-clinical data has shown that

tilvestamab prevents AXL mediated cell signalling in cancer models, reduces cell

migration and invasion and shows anti-tumour efficacy.

An international Phase Ib first-in-patient trial investigating tilvestamab

(BGB149) is currently ongoing with the objective to confirm safety, tolerability

and determine a recommended phase II dose (RP2D) for use in subsequent clinical

trials.

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]

Richard Godfrey CEO, BerGenBio ASA

Rune Skeie, CFO, 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

Media Relations in Norway

Jan Petter Stiff, Crux Advisers

[email protected]

+47 995 13 891

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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