AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

BerGenBio

Regulatory Filings Nov 24, 2020

3555_rns_2020-11-24_90bf3560-1ded-48de-9684-c01670f8e83c.html

Regulatory Filings

Open in Viewer

Opens in native device viewer

BERGENBIO CONFIRMS FIRST PATIENT ENROLLED IN PHASE II TRIAL ASSESSING BEMCENTINIB AS A POTENTIAL TREATMENT FOR COVID-19 IN INDIA

BERGENBIO CONFIRMS FIRST PATIENT ENROLLED IN PHASE II TRIAL ASSESSING BEMCENTINIB AS A POTENTIAL TREATMENT FOR COVID-19 IN INDIA

Bergen, Norway - 24[th] November 2020: BerGenBio ASA (OSE:BGBIO), a clinical

-stage biopharmaceutical company developing novel, selective AXL kinase

inhibitors for severe unmet medical need, today announces that the first patient

in India has been enrolled in the company sponsored Phase II clinical trial

(BGBC020), assessing the efficacy and safety of bemcentinib for the treatment of

hospitalised COVID-19 patients.

The Phase II study will recruit 120 hospitalised COVID-19 patients across seven

sites in India and five in South Africa. 60 patients will receive bemcentinib

(as monotherapy or in combination with standard of care medication) and 60

patients in a control group (receiving standard of care treatment only).

The primary endpoint of the trial will be time to clinical improvement of at

least two points (from randomisation) on a nine-point ordinal scale, or live

discharge from the hospital, whichever comes first. The trial protocol will

permit co-administration with other medicines recommended for treatment of COVID

-19, including remdesivir and dexamethasone. A Data Monitoring Committee (DMC)

formed of a group of independent experts external to the study has been

established. The DMC will assess the progress, safety data and, critical

efficacy endpoints of the trial as it proceeds.

Richard Godfrey, Chief Executive Officer of BerGenBio, commented: "We are

pleased to expand the BGBC020 study to patients in India, where incidences of

COVID-19 remain high,  following the commencement of dosing in South Africa in

October. There are still no approved therapies for patients hospitalised as a

result of COVID-19 infection and we are keen to continue exploring the profile

of bemcentinib as a potential treatment."

- END -

About AXL

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

biological mechanisms underlying many life-threatening diseases. In cancer, AXL

suppresses the body's immune response to tumours and drives cancer treatment

failure across many indications. AXL expression defines a very poor prognosis

subgroup in most cancers. AXL inhibitors, therefore, have potential high value

at the centre 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.

About Bemcentinib

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

selective AXL inhibitor in a broad phase II clinical development programme.

Ongoing clinical trials are investigating bemcentinib in 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.

Increase in AXL function has been linked to key mechanisms of drug resistance

and immune escape by tumour cells, leading to aggressive metastatic cancers.

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 oncology clinical development

programme focused on combination and single agent therapy in lung 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 companion diagnostic tests to identify patient populations most

likely to benefit from bemcentinib: 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

Richard Godfrey CEO, BerGenBio ASA

+47 917 86 304

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.

Talk to a Data Expert

Have a question? We'll get back to you promptly.