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BerGenBio

Regulatory Filings Jan 15, 2020

3555_rns_2020-01-15_00929677-7c29-4a14-a5fb-fa3d82bc4eb2.html

Regulatory Filings

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BERGENBIO MEETS EFFICACY ENDPOINT for FIRST STAGE OF PHASE II TRIAL WITH AXL INHIBITOR BEMCENTINIB IN COMBINATION WITH KEYTRUDA[®] IN NSCLC PATIENTS PROGRESSING ON IMMUNE CHECKPOINT INHIBITORS

BERGENBIO MEETS EFFICACY ENDPOINT for FIRST STAGE OF PHASE II TRIAL WITH AXL INHIBITOR BEMCENTINIB IN COMBINATION WITH KEYTRUDA[®] IN NSCLC PATIENTS PROGRESSING ON IMMUNE CHECKPOINT INHIBITORS

· First stage clinical efficacy endpoint met for the Phase II trial cohort

evaluating selective AXL inhibitor bemcentinib in combination with Keytruda[®]

in patients with advanced NSCLC who have failed checkpoint inhibitor therapy.

· Criteria were met for expansion of this cohort to a second stage.

Bergen, Norway, 15 January 2019 - BerGenBio ASA (OSE: BGBIO) a clinical-stage

biopharmaceutical company developing novel, selective AXL kinase inhibitors for

multiple cancer indications, announces meeting the clinical efficacy endpoint of

stage 1 of Cohort B in the phase II trial (BGBC008) evaluating bemcentinib in

combination with MSD's Keytruda[®] (pembrolizumab) in previously treated non

-small cell lung cancer (NSCLC) patients with confirmed progression on prior

immune checkpoint therapy. The trial will advance into the second stage.

The company reports that the Cohort B, stage 1 efficacy analysis has met the

confirmed response of one or more patients therefore continuation to stage two

evaluation is planned.

The second stage will enroll a further 16 patients to confirm the safety and

clinical efficacy of the combination in NSCLC patients that have confirmed

progression on prior immune checkpoint therapy.

Comprehensive exploratory biomarker studies of tumor and blood samples are

ongoing to measure of AXL expression and immune modulation. Further results from

the trial are expected during 2020 and will be presented at appropriate

scientific conferences.

The BGBC008 trial (ClinicalTrials.gov Identifier: NCT03184571) is being

sponsored by BerGenBio. MSD, a tradename of Merck & Co., Inc., Kenilworth, New

Jersey, USA, will continue to supply Keytruda[®] for use in the study under a

collaboration agreement signed in March 2017.

Richard Godfrey, Chief Executive Officer of BerGenBio, said: "Reversing

resistance to immune checkpoint inhibitors in patients who have relapsed on

immunotherapy is a highly desirable alternative to the second-line chemotherapy

standard-of-care. We are very excited with these early results in this

challenging setting and look forward to expanding the study to confirm these

findings and reporting comprehensive translational insight. Furthermore, Cohort

C in NSCLC patients having failed 1L chemo-checkpoint inhibitor combination is

now recruiting, and top line data should be available in the coming months."

- END -

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, Nicholas Brown, 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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