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BerGenBio

Regulatory Filings Aug 18, 2020

3555_rns_2020-08-18_33f792d6-2c03-410f-a33a-ee824b279843.html

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BerGenBio's Bemcentinib Meets Efficacy Endpoint in BERGAMO Phase II Trial with High Risk Myelodysplastic Syndromes or Acute Myeloid Leukemia

BerGenBio's Bemcentinib Meets Efficacy Endpoint in BERGAMO Phase II Trial with High Risk Myelodysplastic Syndromes or Acute Myeloid Leukemia

· Primary endpoint of overall response rate was met in the fully recruited

single arm phase II study

Bergen, Norway,18 August 2020 - BerGenBio ASA (OSE: BGBIO), a clinical-stage

biopharmaceutical company developing novel, selective AXL kinase inhibitors for

unmet medical need, announces that the primary endpoint of overall response rate

has been met in the BERGAMO Phase II Trial investigating BerGenBio's selective

AXL inhibitor bemcentinib in patients with High Risk Myelodysplastic Syndromes

(HR-MDS) or Acute Myeloid Leukemia (AML), for whom treatment with

hypomethylating agents (HMAs) is ineffective.

The multicenter phase 2 BERGAMO trial (NCT03824080) evaluated the safety and

efficacy of bemcentinib monotherapy in patients with  HR-MDS or AML who were

refractory to or in relapse after at least six or four cycles of the HMAs

azacitidine (AZA) or decitabine (DAC), respectively. HMAs represent the current

standard of care in both indications for patients not eligible for intensive

chemotherapy or allogeneic stem cell transplantation. The study enrolled 45

eligible patients from 10 sites across Germany, France and the Netherlands.

The primary endpoint was met and included overall response rate (CR, CRi, PR or

SD) assessed after 4 treatment cycles. All patients who achieved CR, CRi, PR or

SD after 4 cycles of bemcentinib were considered as responders and allowed to

continue treatment for a total of up to 9 cycles. Non-responding patients

stopped treatment after 4 cycles. Secondary endpoints of the trial include a

translational project evaluating the role of biomarkers and response.

The BERGAMO trial is an investigator sponsored trial co-ordinated by The

European Myelodysplastic Syndromes Cooperative Group (EMSCO). The chief

investigator is Prof. Uwe Platzbecker, MD, from Leipzig University Hospital,

Germany, and the study included 10 clinical research sites in Germany, France

and Netherlands.

Further details of results of the BERGAMO trial will be presented at appropriate

scientific medical conferences later in 2020.

Richard Godfrey, Chief Executive Officer of BerGenBio, said: "These headline

results are in-line with previously reported efficacy data on bemcentinib in

relapsed MDS and AML patients. Despite recent improvements of first line

treatment options there remains a substantial need for novel therapeutics which

target difficult-to-treat patient groups including patients with HR-MDS and AML

who have failed front-line therapy with hypomethylating agents. This is a group

with a very poor prognosis so we are very encouraged by these data and believe

they provide further validation for our clinical development strategy in these

indications.''

- END -

About MDS and AML

Hypomethylating agents (HMAs) are the standard of care for patients with higher

-risk myelodysplastic syndrome (HR-MDS) or acute myeloid leukemia (AML), not

eligible for intensive chemotherapy or allogeneic stem cell transplantation.

However, the majority of patients do not respond to these agents or relapse,

still having a dismal outcome with very limited treatment options available.

Bemcentinib (BEM) is a selective small molecule inhibitor of AXL, a surface

membrane protein kinase receptor mediating resistance to chemotherapeutic agents

and decreased antitumor immune response. AXL is overexpressed on leukemic cells,

especially in the stem cell compartment, and represents a potential novel target

in patients with MDS and AML.

About AXL

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

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

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

failure across many indications. 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, drug 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 and

leukaemia. A first-in-class functional blocking anti-AXL antibody is undergoing

Phase I clinical testing. In parallel, BerGenBio is developing a companion

diagnostic test to identify those 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.

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