The next focusIR Investor Webinar takes place tomorrow with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksARIX.L Regulatory News (ARIX)

  • There is currently no data for ARIX

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Atox Bio announces FDA acceptance of New Drug Application

11 Dec 2020 07:00

Arix Bioscience PLC (ARIX) Atox Bio announces FDA acceptance of New Drug Application 11-Dec-2020 / 07:00 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.


Arix Bioscience plc

 

Atox Bio announces FDA acceptance of New Drug Application

 

Necrotizing soft tissue infection (NSTI) is a rare, life-threatening disease that involves significant necrosis and tissue destruction coupled with systemic organ failure

 

Reltecimod marketing authorisation by the FDA would provide physicians with the first therapy to treat suspected organ dysfunction or failure in patients with NSTI

 

FDA sets PDUFA date for 30 September 2021

 

LONDON, 11 December 2020: Arix Bioscience plc ("Arix", LSE: ARIX) a global venture capital company focused on investing in and building breakthrough biotech companies, notes that its portfolio company Atox Bio, announced that the U.S. Food and Drug Administration (FDA) has accepted its New Drug Application (NDA) for reltecimod. The proposed indication is for the treatment of suspected organ dysfunction or failure in patients with NSTI in conjunction with surgical debridement, antibiotic therapy, and supportive care.

The Prescription Drug User Fee Act (PDUFA) date set by the FDA, which is the goal date for a decision on the NDA, is 30 September 2021.

Jonathan Tobin, Managing Director at Arix and Board Director at Atox Bio, commented:

"The NDA acceptance marks an important step forward in Atox Bio's development of reltecimod for patients with NSTI, a devastating and potentially fatal disease for which there is no approved treatment."

 

The announcement can be accessed on Atox Bio's website at https://www.atoxbio.com/news/ and full text of the announcement from Atox Bio is contained below.

 

[ENDS]

Enquiries

For more information on Arix, please contact:

Arix Bioscience plc

Charlotte Parry, Head of Investor Relations

+44 (0)20 7290 1072

charlotte@arixbioscience.com

 

Optimum Strategic Communications

Supriya Mathur, Shabnam Bashir, Manel Mateus

 +44 (0)20 3922 1906

optimum.arix@optimumcomms.com

About Arix Bioscience plc

Arix Bioscience plc is a global venture capital company focused on investing in and building breakthrough biotech companies around cutting-edge advances in life sciences. We collaborate with exceptional entrepreneurs and provide the capital, expertise and global networks to help accelerate their ideas into important new treatments for patients. As a listed company, we are able to bring this exciting growth phase of our industry to a broader range of investors.

www.arixbioscience.com

 

 

Atox Bio Announces FDA Acceptance to File the NDA for Reltecimod to Treat Suspected Organ Dysfunction or Failure in Patients with Necrotizing Soft Tissue Infection ("Flesh-Eating Disease")

 

- PDUFA Date of September 30, 2021 -

- NDA Filed Under FDA Accelerated Approval Program -

 

Necrotizing soft tissue infection (NSTI) is a rare, life-threatening disease that involves significant necrosis and tissue destruction coupled with systemic organ failure If approved, reltecimod would be the first therapy to treat suspected organ dysfunction or failure in patients with NSTI

 

Durham, NC and Ness Ziona, Israel - December 10, 2020 - Atox Bio today announced that the U.S. Food and Drug Administration (FDA) has accepted to file the New Drug Application (NDA) for reltecimod with a Prescription Drug User Fee Act (PDUFA) date of September 30, 2021. The proposed indication is for the treatment of suspected organ dysfunction or failure in patients >=12 years of age with NSTI, in conjunction with surgical debridement, antibiotic therapy, and supportive care. If approved, reltecimod could advance the standard of care for patients with NSTI by providing a novel treatment option for these patients.

 

"The FDA's decision to file the NDA for reltecimod marks another important step forward for Atox Bio in potentially bringing this innovative therapy to patients with NSTI," said Dan Teleman, CEO of Atox Bio. "The development of reltecimod reinforces Atox Bio's expertise in immunotherapy, our deep understanding of unmet needs in the critical care setting, and commitment to improving clinical outcomes for patients affected by this rare, life-threatening disease."

 

Based on discussions with FDA, Atox Bio submitted an NDA under the Accelerated Approval Program. The Company believes reltecimod meets Accelerated Approval criteria as it treats a serious condition, provides meaningful therapeutic benefit over existing treatments, and demonstrates an effect on an intermediate clinical endpoint; resolution of organ dysfunction, that is reasonably likely to predict the clinical benefit of improved long-term survival.

 

Results from the ACCUTE study were previously announced here.

About Reltecimod

Reltecimod is a small synthetic peptide that is host-oriented and pathogen-agnostic. With its novel mechanism of action, reltecimod leads to resolution of organ dysfunction or failure by attenuating the dysregulated immune response frequently seen in patients with NSTI. It binds to the dimer interface of CD28 expressed on T-cells, thereby modulating the acute inflammation that leads to systemic organ failure. By acting on this early step in the host immune response, reltecimod avoids the ongoing concerns about bacterial resistance and is active independent of the pathogen type.

 

FDA granted reltecimod Fast Track status and orphan drug designation for NSTI. The European Commission granted orphan designation for reltecimod in the treatment of NSTI.

 

About Necrotizing Soft Tissue Infections (NSTI)

NSTI, commonly referred to as "flesh-eating disease" or "flesh-eating bacteria" is a rare, life-threatening disease that can travel quickly from the infection site and requires frequent, rapid surgical intervention to remove dead and infected tissue to stop further progression and the need for amputation. By their nature, these surgeries often leave patients significantly disfigured. In more serious cases, acute inflammation that results from the infection leads to systemic organ dysfunction in the heart, lungs and/or kidneys. Even with the best current standard of care that includes surgical debridement, broad spectrum antibiotics, and supportive intensive care, multi-organ failure frequently occurs. Mortality rates are significant in both the short- and intermediate-term, and patients who do survive often face long and expensive hospital and rehabilitation center stays.

 

Hospital discharge data indicate there are approximately 30,000 cases of NSTI in the US each year, with a similar number in Europe. There are currently no therapies specifically approved for NSTI.

 

About ACCUTE

ACCUTE (AB103 Clinical Composite endpoint StUdy in Necrotizing Soft Tissue infEctions) was a Phase 3 randomized, placebo-controlled study that enrolled 290 patients across sites in the US and France. It evaluated the safety and efficacy of a single dose of intravenous reltecimod 0.5mg/kg versus placebo (0.9% saline) administered in conjunction with surgical debridement (removal of damaged skin, subcutaneous tissue, fascia, and sometimes muscle), antibiotic therapy, and supportive care in patients >=12 years of age with NSTI. The trial also assessed hospital discharge status and impact on healthcare resource utilization.

 

About Atox Bio

Atox Bio is a late stage clinical company that develops immunotherapies for critically ill patients. The ACCUTE study was funded in whole or in part with Federal funds from the Department of Health and Human Services; Office of the Assistant Secretary for Preparedness and Response; Biomedical Advanced Research and Development Authority (BARDA), under Contract No. HHSO100201400013C. Major investors in the company include SR One, OrbiMed, Lundbeckfonden Ventures, Arix Bioscience plc and Adams Street Partners. The Company was established by Prof. Raymond Kaempfer and Dr. Gila Arad from the Hebrew University of Jerusalem and Yissum. Please visit www.AtoxBio.com for more information.

 

###

 

 

Media Contact:

Julia Wilson

JW Communications

juliawilsonuk@gmail.com

+44 781 8430877


ISIN:GB00BD045071
Category Code:MSCH
TIDM:ARIX
LEI Code:213800OVT3AHQCXNIX43
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.:89497
EQS News ID:1154501
 
End of AnnouncementEQS News Service

UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

Date   Source Headline
7th Feb 202411:30 amEQSTransaction Update
29th Jan 202412:15 pmEQSResults of First General Meeting
24th Jan 20245:30 pmEQSHolding(s) in Company
24th Jan 20245:30 pmEQSHolding(s) in Company
23rd Jan 20247:00 amEQSUpdate on the Scheme and Publication of Notice of Second General Meeting
22nd Jan 20247:00 amEQSUpdate on the Scheme and Resignation of Directors
19th Jan 20247:01 amEQSFinancial update on Harpoon Therapeutics acquisition by Merck (MSD)
19th Jan 20247:00 amEQSUnaudited NAV for December 2023
8th Jan 20245:15 pmEQSPortfolio company Harpoon Therapeutics to be acquired by Merck (MSD)
5th Jan 20247:00 amEQSPublication of Circular and RTW Bio Prospectus
4th Jan 20245:30 pmEQSHolding(s) in Company
22nd Dec 202311:00 amEQSUpdate regarding timing of Proposed Scheme of Reconstruction
13th Dec 20237:00 amEQSUnaudited NAV for November 2023
8th Dec 20237:00 amEQSPortfolio Company Aura Biosciences Announces First Patient Dosed in Global Phase 3 CoMpass Trial
13th Nov 20234:00 pmEQSCorrection: Portfolio Company Aura Biosciences Announces Closing of $99 million Public Offering of Common Stock
10th Nov 20238:00 amEQSPortfolio Company Aura Biosciences Announces Closing of $99 million Public Offering of Common Stock
10th Nov 20237:00 amEQSPDMR Notification & Director Shareholding
8th Nov 20237:05 amEQSUnaudited NAV for October 2023
3rd Nov 20234:30 pmEQSPDMR Notification & Director Shareholding
2nd Nov 20236:20 pmEQSPDMR Notification & Director Shareholding
1st Nov 20234:30 pmEQSPortfolio Company Sorriso Pharmaceuticals Announces First Subject Dosed in Phase 1/1b Clinical Trial of SOR102
1st Nov 20237:06 amRNSRTW Biotech to acquire Arix Bioscience's assets
24th Oct 20237:00 amEQSPortfolio company Harpoon Therapeutics announces up to $150 million private placement
6th Oct 20237:00 amEQSUnaudited NAV for September 2023
27th Sep 20237:01 amEQSInterim Results for the Six Months Ended 30 June 2023
27th Sep 20237:00 amEQSBoard Change
14th Sep 20237:01 amEQSNotice of Results and Investor Presentation
14th Sep 20237:00 amEQSUnaudited NAV for August 2023
7th Aug 20237:00 amEQSUnaudited NAV for July 2023
17th Jul 20233:00 pmEQSHolding(s) in Company
13th Jul 20237:01 amEQSArix Announces Strategic Review
13th Jul 20237:00 amEQSUnaudited NAV for June 2023
23rd Jun 20232:04 pmEQSPortfolio company Disc Medicine raises $157.8 million in public offering
9th Jun 20232:53 pmEQSPortfolio company Disc Medicine presents positive initial data from Phase 2 BEACON trial at EHA
9th Jun 20237:00 amEQSUnaudited NAV for May 2023
31st May 202311:51 amRNSDirector/PDMR Shareholding
24th May 20237:00 amEQSCorrection: Result of Annual General Meeting
23rd May 20234:30 pmEQSResult of Annual General Meeting
16th May 20234:36 pmEQSPortfolio company Ensoma announces closing of Series B Extension
12th May 20237:00 amEQSUnaudited NAV for April 2023
5th May 20234:30 pmRNSTotal Voting Rights
4th May 20235:02 pmRNSDirector/PDMR Shareholding
4th May 202312:15 pmRNSDirector/PDMR Shareholding
2nd May 20233:52 pmRNSDirector/PDMR Shareholding
27th Apr 20237:00 amEQSArix Co-leads $50 Million Series B Financing for New Portfolio Company Evommune
25th Apr 20237:03 amEQSFinancial Results for the Year Ended 31 December 2022, Publication of Annual Report & Notice of AGM
19th Apr 20231:30 pmEQSFull Year results now to be released on 25 April 2023
17th Apr 20237:00 amEQSUnaudited NAV for March 2023
14th Apr 202312:00 pmEQSNotice of Results and Investor Presentation
28th Mar 20237:00 amEQSPortfolio company Harpoon Therapeutics announces closing of $25 million private placement

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.