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Photocure ASA

Regulatory Filings Jul 6, 2023

3714_rns_2023-07-06_5506522e-53ce-4fe3-bfb8-76d7b8dc9bf4.html

Regulatory Filings

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Photocure Partner Asieris announces completion of enrollment for Hexvix Phase III clinical trial in China

Photocure Partner Asieris announces completion of enrollment for Hexvix Phase III clinical trial in China

Press Release - Oslo, Norway, July 6, 2023: Photocure ASA (OSE: PHO), the

Bladder Cancer Company, announces that its partner Asieris Pharmaceuticals (SSE:

688176) has communicated today that it has completed patient enrollment for the

Hexvix[®] Phase III bridging trial.

The objective of the multicenter Phase III trial is to support regulatory

approval of Hexvix in Mainland China. The bridging trial is intended to confirm

results from prior clinical trials regarding the safety and detection benefits

of blue light cystoscopy (BLC[®]) with Hexvix compared to white light cystoscopy

in the diagnosis of non-muscle invasive bladder cancer (NMIBC) in a Chinese

population. The clinical trial follows the same protocols for registration

studies in countries where Hexvix already has market authorization.

This study is being led by Peking Union Medical College Hospital and the Chinese

Academy of Medical Sciences. Professor Li Hanzhong, head of the Department of

Surgery at Peking Union Medical College Hospital, is serving as the Principal

Investigator, leading a team of top experts in the field of bladder cancer in

China to carry out this study. Asieris plans to file a new drug application with

the National Medical Products Administration (NMPA) in the future, pending

clinical trial progress and meaningful data.

Asieris Pharmaceuticals is a global biopharma company specializing in

discovering, developing and commercializing innovative drugs for the treatment

of genitourinary tumors and other related diseases.

In January 2021, Asieris entered into a license agreement with Photocure ASA to

obtain the exclusive registration and commercialization rights of Hexvix in

mainland China and Taiwan.

In December 2021, 2021, Hexvix obtained initial clinical use in the Boao Lecheng

International Medical Tourism Pilot Zone in Hainan Province, when the first

patient received blue light cystoscopy with Hexvix at the Hainan General

Hospital. The phase III clinical trial obtained approval from the NMPA in the

first quarter of 2022 and Hexvix was subsequently included in the real-world

clinical data pilot program.

Read Asieris' full media release here: https://asieris.com/hexvix-a-diagnostic

-drug-for-bladder-cancer-of-asieris-has-completed-the-phase-iii-bridging-trial

-enrollment/

The trial is registered here: https://clinicaltrials.gov/ct2/show/NCT05600322

Note to editors:

All trademarks mentioned in this release are protected by law and are registered

trademarks of Photocure ASA.

This press release may contain product details and information which are not

valid, or a product is not accessible, in your country. Please be aware that

Photocure does not take any responsibility for accessing such information which

may not comply with any legal process, regulation, registration or usage in the

country of your origin.

About Bladder Cancer

Bladder cancer ranks as the 8[th] most common cancer worldwide - the 5[th] most

common in men - with 1 720 000 prevalent cases (5-year prevalence rate)[1a],

573 000 new cases and more than 200 000 deaths in 2020.[1b]

Approx. 75% of all bladder cancer cases occur in men.[1] It has a high

recurrence rate with up to 61% in year one and up to 78% over five years.[2]

Bladder cancer has the highest lifetime treatment costs per patient of all

cancers.[3]

Bladder cancer is a costly, potentially progressive disease for which patients

have to undergo multiple cystoscopies due to the high risk of recurrence. There

is an urgent need to improve both the diagnosis and the management of bladder

cancer for the benefit of patients and healthcare systems alike.

Bladder cancer is classified into two types, non-muscle invasive bladder cancer

(NMIBC) and muscle-invasive bladder cancer (MIBC), depending on the depth of

invasion in the bladder wall. NMIBC remains in the inner layer of cells lining

the bladder. These cancers are the most common (75%) of all BC cases and include

the subtypes Ta, carcinoma in situ (CIS) and T1 lesions. In MIBC the cancer has

grown into deeper layers of the bladder wall. These cancers, including subtypes

T2, T3 and T4, are more likely to spread and are harder to treat.[4]

[1] Globocan. a) 5-year prevalence / b) incidence/mortality by population.

Available at: https://gco.iarc.fr/today, accessed [January 2022].

[2] Babjuk M, et al. Eur Urol. 2019; 76(5): 639-657

[3] Sievert KD et al. World J Urol 2009;27:295-300

[4] Bladder Cancer. American Cancer

Society. https://www.cancer.org/cancer/bladder-cancer.html

About Hexvix[®]/Cysview[®] (hexaminolevulinate HCl)

Hexvix/Cysview is a drug that preferentially accumulates in cancer cells in the

bladder, making them glow bright pink during Blue Light Cystoscopy (BLC[®]). BLC

with Hexvix/Cysview, compared to standard white light cystoscopy alone, improves

the detection of tumors and leads to more complete resection, fewer residual

tumors, and better management decisions.

Cysview[ ]is the tradename in the U.S. and Canada, Hexvix[ ]is the tradename in

all other markets. Photocure is commercializing Cysview/Hexvix directly in the

U.S. and Europe and has strategic partnerships for the commercialization of

Hexvix/Cysview in China, Chile, Australia, New Zealand and Israel. Please refer

to https://photocure.com/partners/our-partners for further information on our

commercial partners.

About Photocure ASA

Photocure: The Bladder Cancer Company delivers transformative solutions to

improve the lives of bladder cancer patients. Our unique technology, making

cancer cells glow bright pink, has led to better health outcomes for patients

worldwide. Photocure is headquartered in Oslo, Norway and listed on the Oslo

Stock Exchange (OSE: PHO). For more information, please visit us at

www.photocure.com, www.hexvix.com, www.cysview.com

For further information, please contact:

Dan Schneider

President and CEO

Photocure ASA

Email: [email protected]

Erik Dahl

CFO

Photocure ASA

Tel: +4745055000

Email: [email protected]

David Moskowitz

Vice President, Investor Relations

Photocure ASA

Tel: +1 202 280 0888

Email: [email protected]

Media and IR enquiries:

Geir Bjørlo

Corporate Communications (Norway)

Tel: +47 91540000

Email: [email protected]

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