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BerGenBio

Regulatory Filings Mar 8, 2017

3555_rns_2017-03-08_293c29a5-db79-40d1-847d-49a828afc718.html

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BerGenBio enters collaboration with MSD focused on clinical evaluation of BGB324 in combination with KEYTRUDA® (pembrolizumab) in advanced lung and breast cancer

BerGenBio enters collaboration with MSD focused on clinical evaluation of BGB324 in combination with KEYTRUDA® (pembrolizumab) in advanced lung and breast cancer

Bergen, Norway, 8 March 2017: BerGenBio ASA, a clinical-

stage biopharmaceutical company developing novel, selective

Axl kinase inhibitors for multiple cancer indications,

announces it has entered into a collaborative agreement with

Merck & Co., Inc., Kenilworth, NJ, USA (known as MSD outside

the US and Canada) , through a subsidiary, focused on the

clinical evaluation of BGB324 with KEYTRUDA® (pembrolizumab)

in patients with advanced non-small cell lung cancer (NSCLC)

and triple-negative breast cancer (TNBC).

BerGenBio's lead candidate BGB324 is a first in class,

highly selective, potent and orally available small molecule

Axl kinase inhibitor in clinical development in a variety of

cancer indications. The Axl tyrosine kinase is a key driver

of cancer spread, immune evasion and drug resistance - the

cause of the majority of cancer-related deaths. Increased

understanding of the role of Axl in suppressing innate

immunity supports the rationale for evaluating BGB324 in

combination with KEYTRUDA.

Under the terms of the collaboration with MSD, BerGenBio

will conduct two international Phase II studies to evaluate

the potential clinical synergy of combining BGB324 with

MSD's anti-PD-1 therapy, KEYTRUDA. Details of the studies

are as follows:

BGBC007 - A Phase II multi-centre study of BGB324 in

combination with KEYTRUDA in patients with previously

treated, locally advanced or unresectable TNBC.

BGBC008 - A Phase II multi-centre study of BGB324 in

combination with KEYTRUDA in patients with previously

treated unresectable adenocarcinoma of the lung.

Biomarker studies will be conducted in parallel to the above

studies with the goal of developing companion diagnostics to

identify patients who would be most suitable for treatment

with the BGB324/KEYTRUDA combination.

The clinical trials will be sponsored by BerGenBio while MSD

will provide the trial with KEYTRUDA. The rights to the

study results will be shared. No further details are

disclosed.

BerGenBio is investigating BGB324 in multiple cancer

indications based on preclinical and early clinical

findings. Phase II studies with BGB324 as a single agent in

relapsed acute myeloid leukaemia (AML) and myeloid

dysplastic syndrome (MDS); and in combination with erlotinib

(TARCEVA®) in advanced EGFR-positive NSCLC are in progress.

Richard Godfrey, Chief Executive Officer of BerGenBio,

commented: "We are delighted to enter this collaboration

with MSD, a leader in developing novel cancer therapies.

This new agreement gives us the opportunity to evaluate the

clinical potential of BGB324 in combination with KEYTRUDA in

advanced lung and breast cancer; two of the areas of

significant unmet medical need. We believe that BGB324 is a

unique drug candidate that addresses a critical cancer

mechanism responsible for promoting immune evasion. We

believe the clinical utility of BGB324 in combination with

immunotherapies has enormous potential. BerGenBio is excited

to advance BGB324 in combination with KEYTRUDA into Phase II

trials and we anticipate results in mid-2018."

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 liquid

and solid cancers.

BerGenBio's lead product, BGB324, is a selective, potent and

orally available small molecule Axl

inhibitor in Phase II clinical development in three 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 NSCLC

About NSCLS

It is estimated that more than 220,000 new cases of lung

cancer will be diagnosed in the US in 2017

and it is the leading cause of cancer death. 65% of NSCLCs

are of adenocarcinoma pathology.

Although various treatments exist for NSCLC, they are often

curtailed by acquired resistance to

therapy and immune evasion. Novel treatments overcoming

these mechanisms in NSCLC are

urgently required.

About TNBC

About TNBC

Breast cancer is the most common cancer in women - it is

estimated that more than 250,000 new

cases will be diagnosed in the US in 2017. 20% of breast

cancers lack receptors for three common

hormones (estrogen, progesterone and HER2) and are thus

called triple-negative breast cancers

(TNBC). Treatment options for TNBC are limited to intense

chemotherapy, but despite therapy

recurrences are frequent and aggressive. Consequently, novel

treatment strategies for TNBC are of

high need.

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.

Contacts

Richard Godfrey

CEO, BerGenBio ASA

+47 917 86 304

David Dible, Mark Swallow, Marine Perrier

Citigate Dewe Rogerson

[email protected]

+44 207 638 9571

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