George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video 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

Portfolio company Disc Medicine presents positive initial data from Phase 2 BEACON trial at EHA

9 Jun 2023 14:53

Arix Bioscience PLC (ARIX) Portfolio company Disc Medicine presents positive initial data from Phase 2 BEACON trial at EHA 09-Jun-2023 / 14:53 GMT/BST


Arix Bioscience plc

 

Portfolio company Disc Medicine presents positive initial data from Phase 2 BEACON trial at EHA

LONDON, 09 June 2023: Arix Bioscience plc (“Arix” or the “Company”) (LSE: ARIX), a transatlantic venture capital company focused on investing in breakthrough biotechnology companies, notes that its portfolio company, Disc Medicine, today announced preliminary findings from its Phase 2 open-label BEACON trial evaluating bitopertin, an orally administered glycine transporter 1 (GlyT1) inhibitor, in patients with erythropoietic protoporphyria (EPP) and X-linked protoporphyria (XLP) at the European Haematology Association (EHA) 2023 Congress in Frankfurt, Germany.

The initial trial data from the BEACON study demonstrated consistent decreases in protoporphyrin IX (the disease-causing metabolite in EPP), significant increases in reported sunlight tolerance and improvements in measures of patient quality of life.

The BEACON trial is a randomised, open-label, parallel-arm trial enrolling up to 22 patients with EPP or XLP at trial sites in Australia. This trial was designed to assess changes in levels of PPIX, as well as measures of photosensitivity, quality of life, and safety and tolerability.

Robert Lyne, CEO of Arix Bioscience, said: “We are very encouraged by the positive data from the BEACON trial. This is an important clinical milestone for the company and a major development for patients who suffer from erythropoietic protoporphyria. We look forward to supporting Disc Medicine as they continue to advance the BEACON study through clinical development. We are also thrilled that Disc are achieving these important clinical milestones less than two years after our initial investment, demonstrating a success of our strategy in action.”

The announcement can be accessed on Disc Medicine’s website at: https://www.discmedicine.com/ and the full text of the announcement from the company is contained below.

 

[ENDS]

 

Enquiries

For more information on Arix, please contact:

 

Arix Bioscience plc

+44 (0)20 7290 1050

ir@arixbioscience.com

 

Powerscourt Group

Sarah MacLeod, Ibrahim Khalil, Nick Johnson

+44 (0)20 7250 1446

arix@powerscourt-group.com

 

About Arix Bioscience plc

Arix Bioscience plc is a global venture capital company focused on investing in breakthrough biotechnology 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

 

Disc Medicine Press Release:

 

Disc Presents Positive Initial Data from Phase 2 BEACON Trial of Bitopertin in Patients with Erythropoietic Protoporphyria (EPP) at European Hematology Association (EHA) 2023 Congress

 

Jun 09, 2023

 

Consistent and dose-dependent reductions of protoporphyrin IX (PPIX), the disease-causing metabolite in EPP, were observed in patients treated with bitopertinPatients reported significant improvements in sunlight tolerance and measures of quality-of-life Bitopertin was well-tolerated, with no meaningful changes in hemoglobin observed Disc Medicine to host an investor conference call today at 7:30 AM ET

 

WATERTOWN, Mass., June 09, 2023 (GLOBE NEWSWIRE) -- Disc Medicine, Inc. (NASDAQ:IRON), a clinical-stage biopharmaceutical company focused on the discovery, development, and commercialization of novel treatments for patients suffering from serious hematologic diseases, today presented preliminary findings from its ongoing, Phase 2 open-label BEACON trial evaluating bitopertin, an orally administered glycine transporter 1 (GlyT1) inhibitor, in patients with erythropoietic protoporphyria (EPP) and X-linked protoporphyria (XLP) at the European Hematology Association (EHA) 2023 Congress in Frankfurt, Germany. The initial trial data demonstrated consistent decreases in PPIX, significant increases in reported sunlight tolerance and improvements in measures of patient quality of life.

 

“We’re delighted to share these initial, positive data from BEACON, which provide the first clinical evidence supporting our therapeutic hypothesis of bitopertin in EPP. Over the next 12 months, we plan to build on this momentum with a series of additional clinical read-outs across our portfolio,” said John Quisel, J.D., Ph.D., Chief Executive Officer and President of Disc Medicine. “This is an important moment for Disc as a company, and I want to extend my gratitude to our team, collaborators, and most importantly, the patients and families participating in BEACON.”

 

“We are excited to share these initial data from the BEACON trial, where we observed consistent and sustained suppression of PPIX, the disease-causing metabolite in EPP, in patients treated with bitopertin,” said Will Savage, M.D., Ph.D., Chief Medical Officer at Disc Medicine. “Importantly, this reduction translated into significant improvements in the time that patients can spend in sunlight without reporting pain or symptoms related to their disease. We’re encouraged by the data and plan to present additional data at the end of the year.”

 

The BEACON trial is a randomized, open-label, parallel-arm trial enrolling up to 22 patients with EPP or XLP at trial sites in Australia. This trial was designed to assess changes in levels of PPIX, as well as measures of photosensitivity, quality of life, and safety and tolerability. Subjects are randomized to receive either 20 mg or 60 mg of bitopertin once-daily for 24 weeks, after which patients have the option of continuing in an open-label extension of the trial for up to an additional 24 weeks. The trial is ongoing and these data reflect initial data from 15 subjects enrolled as of the data cutoff of May 8, 2023, with a range of treatment durations from 18 days to 6 months. Due to batch processing of samples, the data cutoff for PPIX data was April 7, 2023.

Highlights of the initial data presented:

 

Protoporphyrin IX (PPIX) levels: Significant, consistent, dose-dependent, and sustained reductions of whole-blood, metal-free PPIX; mean reduction of >40% when compared to baseline Measures of light tolerance (individual) from two participants with the longest follow-up demonstrated substantial increases in sunlight tolerance as measured by time in sunlight without experiencing a prodrome (initial symptoms that signal a pain attack), or “sunlight challenge”: A participant on 20 mg bitopertin reported a >80-fold increase in sunlight tolerance on day 88 of treatment, increasing from 4.5 minutes at baseline to over 6 hours; the participant did not report a prodrome during any sunlight challenge after Day 20 A participant on 60 mg bitopertin reported a >200-fold increase in sunlight tolerance on day 74 of treatment, increasing from 1.25 minutes at baseline to over 4 hours, and did not report a prodrome during any sunlight challenge after Day 120

 

Measures of light tolerance (aggregated across participants from whom data was available in the trial): Average weekly total time spent in sunlight: increased from 344 minutes (approximately 49 minutes per day) to 1,200 minutes at Week 24 Time to prodrome during sunlight challenge (averaged over a two-week period): increased >7-fold, from 25 minutes at baseline to 182 minutes at Week 24 Increased proportion of days without symptoms: 75% vs. 25% (baseline) Increased proportion of sunlight challenges without prodromes: 50% vs. 0% (baseline) Phototoxic reactions: 96% reduction in patient-reported phototoxic reactions while on treatment compared to baseline (n=15)

 

Measures of patient quality of life Patient Global Impression of Change (PGIC): All 10 patients that had completed a day 43 visit reported their disease was much better (n=8) or a little better (n=2) in the last 7 days Patient Global Impression of Severity (PGIS): Nine out of 10 patients that had completed a day 43 visit reported their EPP was mild (n=3) or not at all severe (n=6) EPP Impact Questionnaire (EPIQ): For patients whose most recent data was Day 43, 4/8 patients reported an improvement in the impact of EPP on quality of life and 4/8 reported no change in the impact of EPP on quality of life. For patients whose most recent data was after Day 43, 2/2 reported marked improvement in the impact of EPP on quality of life, reporting no impact of EPP on quality of life.

 

Bitopertin was well-tolerated at both dose levels with no reported serious adverse events, no reported discontinuations or dose reductions, no reported adverse events greater than Grade 1, and no meaningful changes observed in mean hemoglobin levels

 

These data were presented at the European Hematology Association 2023 Congress in Frankfurt, Germany and the poster is available on the EHA Congress platform at www.ehaweb.org.

 

Management will host a call to review the presented data on Friday, June 9th at 7:30 am ET. Please register for the event on the Events and Presentations page of Disc’s website (https://ir.discmedicine.com/).

 

About Bitopertin

Bitopertin is an investigational, clinical-stage, orally-administered inhibitor of glycine transporter 1 (GlyT1) that is designed to modulate heme biosynthesis. GlyT1 is a membrane transporter expressed on developing red blood cells and is required to supply sufficient glycine for heme biosynthesis and support erythropoiesis. Disc is planning to develop bitopertin as a potential treatment for a range of hematologic diseases including erythropoietic porphyrias, where it has potential to be the first disease-modifying therapy. There are currently two ongoing Phase 2 clinical trials of bitopertin in patients with erythropoietic porphyria, including an open-label trial called BEACON and a randomized, double-blind placebo-controlled trial called AURORA.

Bitopertin is an investigational agent and is not approved for use as a therapy in any jurisdiction worldwide. Disc obtained global rights to bitopertin under a license agreement from Roche in May 2021.

 

About Erythropoietic Protoporphyria (EPP) and X-linked Protoporphyria (XLP)

Erythropoietic protoporphyria (EPP) and X-linked Protoporphyria (XLP) are rare, debilitating and potentially life-threatening diseases caused by mutations that affect heme biosynthesis, resulting in the accumulation of a toxic, photoactive intermediate called protoporphyrin IX (PPIX). This causes severe reactions when patients are exposed to sunlight, characterized by excruciating pain, edema, burning sensations and potential blistering and disfigurement. PPIX also accumulates in the hepatobiliary system and can result in complications including gallstones, cholestasis, and liver damage in 20-30% of patients and in extreme cases liver failure. Current standard of care involves extreme measures to avoid sunlight, including restricting outdoor activities to nighttime, use of protective clothing and opaque shields, and pain management. This has a significant impact on the psychosocial development, quality of life, and daily activities of patients, particularly in young children and families. There is currently no cure for EPP and only one FDA-approved therapy, a surgically implanted synthetic hormone designed to stimulate melanin production called Scenesse® (afamelanotide).

 

About Disc MedicineDisc Medicine is a clinical-stage biopharmaceutical company committed to discovering, developing, and commercializing novel treatments for patients who suffer from serious hematologic diseases. We are building a portfolio of innovative, potentially first-in-class therapeutic candidates that aim to address a wide spectrum of hematologic diseases by targeting fundamental biological pathways of red blood cell biology, specifically heme biosynthesis and iron homeostasis. For more information, please visit www.discmedicine.com.

 


Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
ISIN:GB00BD045071
Category Code:PFU
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.:249984
EQS News ID:1653863
 
End of AnnouncementEQS News Service

UK Regulatory announcement transmitted by 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.