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BerGenBio

Regulatory Filings Sep 27, 2019

3555_rns_2019-09-27_1e44cbee-1428-481c-9608-ea9cf7d310d0.html

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BerGenBio Presents Phase II Trial Updates with Selective AXL Inhibitor Bemcentinib at the European Society for Medical Oncology (ESMO) 2019 Congress

BerGenBio Presents Phase II Trial Updates with Selective AXL Inhibitor Bemcentinib at the European Society for Medical Oncology (ESMO) 2019 Congress

Bergen, Norway, 27 September 2019 - BerGenBio ASA (OSE:BGBIO), a clinical-stage

biopharmaceutical company developing novel, selective AXL kinase inhibitors for

multiple cancer indications, is to provide study updates in two poster

presentations from its Phase II clinical development programme with bemcentinib

(BGB324), a first-in-class highly selective oral AXL inhibitor, at the European

Society for Medical Oncology (ESMO) 2019 Congress, in Barcelona (27 September -

01 October 2019).

The first poster outlines data from BerGenBio's Phase II clinical trial (BGB008)

with bemcentinib and Merck's anti-PD-1 therapy pembrolizumab (KEYTRUDA) in

patients with advanced non-small cell lung cancer (NSCLC). Data shows that the

combination is well tolerated and showed promising efficacy in previously

treated NSCLC patients, particularly in those with AXL expression in tumour,

immune and stromal cells, including PDL-1 low/negative patients. The poster also

highlights the identification of a new novel predictive plasma protein

biomarker.

The second poster provides a trial update on a randomized Phase Ib/II study of

bemcentinib in combination with either dabrafenib/trametinib (D/T) or

pembrolizumab in patients with metastatic melanoma. Data from the trial shows

that bemcentinib is well tolerated in combination with both D/T and

pembrolizumab, with adverse effect profiles consistent with those reported for

either therapeutic approach alone.

Richard Godfrey, Chief Executive Officer of BerGenBio, commented: "AXL mediates

aggressive traits when expressed on tumour, immune and stromal cells in cancers.

Bemcentinib inhibits this, and we see encouraging and very durable clinical

benefit in patients who otherwise would not be expected to respond to PD-1

inhibitors. Our comprehensive translational research program is yielding novel

biomarkers and validation of the mode of action of bemcentinib. We look forward

to providing updates as data from our ongoing investigations becomes available."

Presentation details

Full abstracts are available online at https://www.esmo.org/Conferences/ESMO

-Congress-2019/Abstracts and details of the presentations are below. The posters

presented at ESMO will be made available at www.bergenbio.com in the Investors /

Presentations section following the sessions.

Preliminary efficacy results of selective AXL inhibitor bemcentinib with

pembrolizumab following chemo in patients with NSCLC (ID 2041)

·  Jose M. Trigo Perez et al

·  1576P - Poster Display session 1

·  28 September 2019: Poster Area (Hall 4), 12:00 - 13:00

Trial update: A randomized Phase Ib/II study of the selective small molecule Axl

inhibitor bemcentinib (BGB324) in combination with either dabrafenib/trametinib

(D/T) or pembrolizumab in patients with metastatic melanoma (ID 2131)

·  Oddbjørn Straume et al

·  1336P - Poster Display session 3

·  30 September 2019: Poster Area (Hall 4), 12:00 - 13:00

- 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, 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 and

leukaemia. A first-in-class functional blocking AXL antibody (BGB149) and an AXL

-ADC (ADCT-601) are 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). 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, 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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