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BerGenBio

Regulatory Filings May 22, 2017

3555_rns_2017-05-22_96226bbc-b572-40fa-9f40-fe40220e75b0.html

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BerGenBio Announces Start of Randomised Phase I/II Trial Assessing Selective AXL Inhibitor BGB324 in Combination with Current Therapies in Melanoma

BerGenBio Announces Start of Randomised Phase I/II Trial Assessing Selective AXL Inhibitor BGB324 in Combination with Current Therapies in Melanoma

Bergen, Norway, May 22 - BerGenBio ASA (OSE: BGBIO), a clinical-stage

biopharmaceutical company focused on developing a pipeline of first-in-class AXL

kinase inhibitors to treat multiple cancer indications, announces that the first

patients have been dosed and continue on therapy in a Phase I/II randomised

trial evaluating the addition of BerGenBio's highly selective, potent and orally

bio-available AXL inhibitor BGB324 to standard of care treatments in patients

with advanced, non-resectable or metastatic melanoma. The trial, which is

sponsored by Haukeland University Hospital (Bergen, Norway), with the support of

BerGenBio, plans to enrol up to 92 melanoma patients from several Norwegian

hospitals.

Patients recruited into the study will be randomised based on their tumour load

and BRAF mutational status* to receive either:

· Pembrolizumab (KEYTRUDA®) +/- BGB324, or

· Dabrafenib (TAFINLAR®) and trametinib (MEKINST®) +/- BGB324

Endpoints of the study are objective response rate as well as progression free

survival, duration of response and overall survival.

*Mutations of the BRAF gene are found in up to 50% of patients with advanced

melanoma. The mutation causes cells to grow and spread out of control.

Dr. Oddbjørn Straume, lead investigator of the trial, consultant oncologist at

Haukeland University Hospital and principal investigator at the Center for

Cancer Biomakers. commented:

"Immune checkpoint inhibitors, such as the anti-PD-1 therapy pembrolizumab, and

targeted therapy against BRAF, such as the MAP Kinase inhibitors dabrafenib and

trametinib, which have recently been introduced to treat metastatic melanoma

have created considerable excitement due their high initial response rates as

well as durable responses in a small fraction of cases. However, the development

of treatment resistance in patients is common and as a result we are urgently

looking at combination strategies to further improve patient outcomes. AXL has

been shown to be a key driver of resistance in melanoma to both anti-PD-1

therapy and MAP kinase inhibitors. This is why we believe combinations that

include the selective AXL inhibitor BGB324 could hold great promise for a wide

range of patients with non-resectable or metastatic melanoma. Consequently, I

appreciate the opportunity to offer my patients access to the investigational

AXL inhibitor BGB324 in this Phase Ib/II clinical trial and look forward to

drive the opening of additional trial sites across Norway later this year."

Comprehensive biomarker programme in collaboration with Norwegian and US

investigators.

In parallel with the clinical trial, leading Norwegian experts in treating

melanoma together with collaborators at Massachusetts Institute of Technology

and Harvard Medical School (Boston, USA) are conducting a comprehensive

programme of explorative biomarker analyses. The high degree of innovation,

excellent clinical rationale and high scientific value of this trial was

recently recognised by generous grant funding by the Norwegian Health

Authorities.

Richard Godfrey, Chief Executive Officer of BerGenBio, commented:

"We congratulate Dr. Straume on the start to this exciting study, which we

believe is highly representative of real world practice for treating advanced

melanoma. We and others have published encouraging research showing AXL's role

in driving mechanisms that enable tumour cells to go unnoticed by the immune

system and also to build resistance to therapies, as well as the potential of

BGB324 to counteract these traits of tumour aggressiveness in a wide range of

cancers. Based on these data we see a clear rationale for combining our first-in

-class AXL inhibitor BGB324 with immune checkpoint blockade or targeted agents

in multiple cancer indications. We look forward to results from this new study,

as well as from further combination studies we have planned with BGB324 and

pembrolizumab in advanced lung cancer and triple negative breast cancer, which

we are intending to start in the near future."

About BerGenBio ASA

BerGenBio (Bergen, Norway) is a clinical-stage biopharmaceutical company focused

on developing a pipeline of first-in-class AXL kinase inhibitors to treat

multiple cancer indications. The Company is a world leader in understanding the

central role of AXL kinase in promoting cancer spread, immune evasion and drug

resistance in multiple aggressive haematological and solid cancers.

BGB324, is a selective, potent and orally available small molecule AXL inhibitor

in Phase II clinical development in four major cancer indications. It is the

only selective AXL inhibitor in clinical development. BGB324 is being developed

by BerGenBio as a single agent therapy in acute myeloid leukaemia (AML)/myeloid

dysplastic syndrome (MDS) and in combination with TARCEVA® (erlotinib) in

advanced non-small-cell lung cancer (NSCLC); and in combination with KEYTRUDA®

(pembrolizumab) in advanced NSCLC and triple negative breast cancer (TNBC) in

collaboration with MSD.

The Company is also developing a diversified pre-clinical pipeline of selective

AXL inhibitors including BGB149, anti-AXL monoclonal antibody.

For further information, please visit: www.bergenbio.com

About Investigator-sponsored Trials

Investigator-sponsored clinical trials are clinical trials proposed by front

-line patient-facing physicians who act as the regulatory sponsor and are

supported by industry in bespoke clinical development partnerships. The industry

partner does not assume the role of sponsor according to European or US

regulatory guidelines, but may offer support in a variety of different ways,

such as providing investigational medicinal product at no cost.

About melanoma

Melanoma is the most serious type of skin cancer as it may spread to lymph nodes

and distant organs if not discovered in time. Melanoma occurs when the cells

that colour the skin, the so-called melanocytes, start to divide uncontrollably.

It is estimated that in 2016, there have been almost 150,000 melanoma diagnoses

in the US alone. If detected very early, melanoma has a good prognosis; for

patients with advanced melanoma, however, the probability of surviving 5 years

or longer is less than 20%.

References

Straume et al. A Phase Ib/II randomized open label study of BGB324 in

combination with pembrolizumab or dabrafenib/trametinib compared to

pembrolizumab or dabrafenib/trametinib alone, in patients with advanced non

-resectable (Stage IIIc) or metastatic (Stage IV) melanoma. AACR 2017 Abstract.

Presented April 2017.

http://www.targetedonc.com/videos/bgb324-with-pembrolizumab-or

-dabrafenibtrametinib-in-melanoma

KEYTRUDA® is a registered trademark of Merck Sharp & Dohme Corp., a subsidiary

of Merck & Co., Inc. TARCEVA® is a registered trademark of OSI Pharmaceuticals,

LLC., marketed by Genentech/Roche, TAFLINAR® is a registered trademark of

Novartis International AG and MEKINIST® is a registered trademark of GSK plc.

-Ends-

Contacts

Richard Godfrey

CEO, BerGenBio ASA

[email protected]

+47 917 86 304

David Dible, Mark Swallow, Marine Perrier

Citigate Dewe Rogerson

[email protected]

+44 207 638 9571

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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