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BerGenBio

Regulatory Filings Oct 22, 2018

3555_rns_2018-10-22_ecd902f7-7059-499c-9e1b-0e054fdd88d8.html

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BerGenBio announces interim biomarker and phase II clinical data with selective AXL inhibitor bemcentinib presented at ESMO

BerGenBio announces interim biomarker and phase II clinical data with selective AXL inhibitor bemcentinib presented at ESMO

Biomarker predicts clinical benefit rate of 70% and overall response rate of 40%

in second line NSCLC.

Melanoma combination study reports safety and efficacy.

Bergen, Norway, 22 October 2018 - BerGenBio ASA (OSE:BGBIO) announces that the

company and its collaborators have presented interim clinical and biomarker data

from BerGenBio's Phase II clinical programme with bemcentinib (BGB324), a first

-in-class highly selective oral AXL inhibitor, at the ESMO 2018 Congress in

Munich (19 - 23 October 2018). Additionally, a pre-clinical study in

myelodysplastic syndrome (MDS) was presented.

The posters are available at www.bergenbio.com in the Investors / Presentations

section and a summary of results is given below.

(1)  Poster Discussion: Predictive and Pharmacodynamic Biomarkers Associated

with Phase II, selective and orally bioavailable AXL Inhibitor Bemcentinib

Across Multiple Clinical Trials, Robert Holt et al

The poster discussed the broad biomarker programme run in parallel to the Phase

II clinical trial programme with bemcentinib and detailed some of the key

findings to date:

· Tumour AXL expression predicts patient benefit: 7 out of 10 second line

NSCLC patients showed clinical benefit (70% CBR) including 4 responses (40% ORR)

on KEYTRUDA/bemcentinib combination therapy (determined by BerGenBio's

proprietary immunohistochemistry method).

· Blood based biomarkers, including soluble AXL, have been found predictive of

patient benefit in relapsed/refractory AML/MDS & NSCLC.

(2)  Poster Presentation: Update on the randomised Phase Ib/II study of the

selective small molecule AXL inhibitor bemcentinib (BGB324) in combination with

either dabrafenib/trametinib or pembrolizumab in patients with metastatic

melanoma, Cornelia Schuster et al

The poster gave an update on the randomised trial in first line metastatic

melanoma, combining bemcentinib with standard of care therapies:

· Confirmed recommended Phase II dose of bemcentinib in combination with

MEKINIST/TAFINLAR and KEYTRUDA.

· All combinations continue to be well tolerated.

· Efficacy is seen across all arms with 18 out of 23 radiographically

evaluated patients reporting clinical benefit including complete responses.

(3)  Poster Discussion: The identification of the AXL/Gas6 signalling axis as a

key player of myelodysplastic syndrome (MDS) and the potential of the oral

selective AXL inhibitor bemcentinib in the treatment of MDS, Hind Medyouf et al

The poster discussed the relationship between AXL and myelodysplastic syndrome

using both patient samples and animal model studies. The data show that AXL is

upregulated in MDS patients and that inhibiting AXL with bemcentinib shows

efficacy in pre-clinical models of the disease.

Richard Godfrey, CEO of BerGenBio, commented: The ability to predict which

patients are most likely to derive benefit from treatment is an important

competitive advantage as it is key to improving patient outcomes and regulatory

success. The data presented at ESMO increases our confidence in the predictive

nature of our proprietary biomarkers and diagnostics. What is more, 7 out of 10

AXL positive NSCLC patients showed clinical benefit in our phase II trial

combining bemcentinib with KEYTRUDA, this is a remarkable observation and gives

us confidence in bemcentinib's proposed mechanism of action. Additionally, data

presented at ESMO continue to show that bemcentinib is well tolerated and

effective across our broad Phase II combination programme. We are looking

forward to provide further updates on the development of our AXL inhibitor

pipeline over the coming months.

- END -

About the ESMO Congress

The ESMO Congress is the leading European meeting for medical oncology convening

over 26,000 international delegates from the field. ESMO 2018 will be held in

Munich, Germany 19- 23 October 2018.

About BerGenBio's Companion Diagnostics programme

In parallel with its phase II clinical trial programme, BerGenBio explores

predictive biomarker candidates with the aim to develop a companion diagnostic

to identify patients most likely to benefit from bemcentinib treatment.

Thus far, the company reported strong correlation with response of both plasma

soluble AXL levels and the presence of tissue AXL in relapsed/refractory AML or

MDS and advanced NSCLC, respectively.

About the BGBC008 trial

The BGBC008 trial is a phase II multi-centre open-label study of bemcentinib in

combination with KEYTRUDA (pembrolizumab) in previously treated, immunotherapy

naïve, patients with advanced adenocarcinoma of the lung, the most common form

of non-small cell lung cancer (NSCLC). The objective of the trial is to

determine the anti-tumour activity of this novel drug combination and responses

will be correlated with biomarker status (including AXL kinase and PD-L1

expression).

For more information please access trial NCT03184571 at www.clinicaltrials.gov.

About the BGBIL006 trial

The BGBIL006 trial is a randomised Phase 1b/2 clinical study of bemcentinib

(BGB324) in combination with either the MAPK inhibitors MEKINIST® (trametinib)

plus TAFINLAR® (dabrafenib) or the immune checkpoint inhibitor KEYTRUDA®

(pembrolizumab) in patients with advanced melanoma.

For more information please access trial NCT02872259at www.clinicaltrials.gov.

About BerGenBio ASA

BerGenBio is a clinical-stage biopharmaceutical company focused on

developing transformative drugs targeting AXL as a potential cornerstone of

therapy for advanced and aggressive cancers. The company's proprietary lead

candidate, bemcentinib, 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.

In parallel, BerGenBio is developing a companion diagnostics test to

identify patient populations most likely to benefit from bemcentinib: this is

expected to facilitate more efficient registration trials and support 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

About AXL

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

the biological mechanisms that drive aggressive and life-threatening diseases.

In cancer, AXL drives tumour survival, treatment resistance and spread, as well

as suppressing the body's immune response to tumours. AXL expression has been

established as a negative prognostic factor in many cancers. AXL inhibitors,

therefore, have potential value at the centre of cancer combination therapy,

addressing significant unmet medical needs and multiple high-value market

opportunities.

Contacts

Richard Godfrey

CEO, BerGenBio ASA

+47 917 86 304

Rune Skeie, CFO, BerGenBio ASA

[email protected]

+47 917 86 513

International Media Relations

David Dible, Mark Swallow, Marine Perrier, Citigate Dewe Rogerson

[email protected]

+44 207 638 9571

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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