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Research Update

20 Apr 2009 07:00

RNS Number : 7934Q
Phytopharm PLC
20 April 2009
Ā 



Commencement ofĀ ClinicalĀ Study of Cogane™ inĀ Patients with Parkinson's disease

GODMANCHESTER, Cambridgeshire, UK,Ā 20Ā AprilĀ 2009,Ā Phytopharm plc todayĀ announcesĀ theĀ commencement of aĀ safety, tolerability and pharmacokinetic (PK) study of its orally active neurotrophic factorĀ inducerĀ PYM50028 (Coganeā„¢),Ā which will involve both healthy volunteers and patients with Parkinson's diseaseĀ (PD). This follows approvalĀ from the Medicines and Healthcare Products Regulatory AgencyĀ (MHRA)Ā andĀ ResearchĀ EthicsĀ Committee to commence recruitmentĀ for theĀ UKĀ study.Ā 

In pre-clinical models, Coganeā„¢ reverses the changes in the area of the brain involved in Parkinson'sĀ disease by inducing the body's own production of proteins known as neurotrophic factors. In particular, oneĀ of these factors known as "GDNF" has been shown to be particularly effective in re-growing damagedĀ nerves. Since GDNF is a protein it cannot be given orally (in pill or liquid form) because it is degraded inĀ the stomach and intestine, and also does not readily cross the blood-brain barrier. GDNF can work onlyĀ when injected into or when produced inside the brain. Direct injection of GDNF into the area of the brainĀ involved in Parkinson's disease has shown substantial beneficial effects in small-scale clinical studies butĀ requires highly complex and difficult surgical procedures. Coganeā„¢, which can be taken orally, readilyĀ crosses the blood-brain barrier and stimulates the release of GDNF in the brain and therefore has theĀ potential to overcome many of the difficulties associated with GDNF administration.Ā 

The current study, to beĀ conducted on a partĀ residential, partĀ out-patient basis,Ā will employ a randomised, double-blind, multiple dose-ascending, placebo-controlled design to evaluate the safety,Ā tolerability and PK profile ofĀ a new oral solution formulation ofĀ Cogane™ when takenĀ forĀ up toĀ 28 daysĀ atĀ variousĀ dose levels. In total, 18Ā healthy male and female volunteersĀ and up to 18 male and female patients withĀ PDĀ agedĀ betweenĀ 40-80 years,Ā are planned toĀ be enrolled with doses being escalated sequentially following a safety review at each dose level.

The primary objective of thisĀ study is to confirmĀ theĀ safety and tolerabilityĀ of Cogane™ in healthy subjects andĀ PD patients when administered at these dose levels for up to 28 days, the secondary objective being to determine the plasma PK profileĀ ofĀ Cogane™ in these subjects.

Significantly,Ā theĀ range of doses to be administered in this study hasĀ beenĀ selected toĀ target plasma levels of Cogane™ equatingĀ toĀ therapeutically relevantĀ concentrationsĀ in preclinical disease models. The PK data from this study should facilitate dose selection for aĀ Phase IIb proof-of-concept study in PD patients.

MrĀ Sandy Morrison, Interim CEO of Phytopharm, commented:Ā "Pre-clinical studies with Coganeā„¢ have been highly encouraging in reversing the changes in the area of the brain involved in Parkinson's disease.Ā We are very pleased to haveĀ commenced thisĀ safety, tolerability and pharmacokineticĀ study of Cogane™ and look forward to reporting the results of this trial and continuing the developmentĀ of an orally administeredĀ product that can stimulate production of GDNF in the brain, thusĀ overcomingĀ the difficult surgical problems associated with direct GDNF injection into the brain."

Dosing of the first group ofĀ enrolledĀ subjectsĀ has commencedĀ with enrolment expected to be completed in Q3Ā ofĀ this yearĀ and the results reported in Q4.

-Ends-

Notes to Editors

Enquiries

Phytopharm plc

Sandy Morrison, Interim CEO

+441480 437 697

Keith Thomson Interim COO

+44 1480 437 697

U.K. Investor Relations

FD

Ben Atwell

John Dineen

+44 207 831 3113

Phytopharm plc

Phytopharm is a pharmaceutical development and functional food company. Our products are developed from medicinal plants, thereby reducing the development risk, cost and time to market. As a virtual company, Phytopharm's model is centred on a lean cash burn with all laboratory, manufacturing and clinical work out-sourced to specialists, while core competencies such as strategy and management are maintained in-house. Close collaboration with charitable organisations enhances our interaction with Key Opinion Leaders and accelerates our development programmes increasing their value.

Coganeā„¢

Coganeā„¢ (PYM50028) is a novel non-peptide, orally bioavailable neurotrophic factor inducer that readily crosses the blood brain barrier. In pre-clinical studies, Coganeā„¢ stimulates the release of neuronal growth factors such as GDNF, increases neurite outgrowthĀ andĀ protectsĀ against neuronal degeneration. Importantly, Coganeā„¢ alsoĀ reversesĀ the decrease of GDNF andĀ reversesĀ dopaminergic neuronal degeneration observedĀ in vitroĀ andĀ in vivo. When administered orally to pre-clinical models of Parkinson's disease, Coganeā„¢ reverses the loss of dopaminergic neurones.

The Michael J. Fox FoundationĀ 

TheĀ Michael J. Fox FoundationĀ fundingĀ is supporting ourĀ preclinical studies to determine the optimal dosing requirements for Coganeā„¢ andĀ is beingĀ carried out by Dr Jonathan Brotchie,Ā a Senior Scientist at theĀ TorontoĀ WesternĀ HospitalĀ and part of the University Health Network (UHN) inĀ Toronto,Ā Canada. Dr Brotchie is a recognised expert in the field of Parkinson's disease.Ā Founded in 2000, The Michael J. Fox Foundation for Parkinson's Research is dedicated to ensuring theĀ development of a cure for Parkinson's disease within this decade through an aggressively funded researchĀ agenda. The Foundation has funded $112 million in research to date. More information on the Foundation isĀ available atĀ www.michaeljfox.org.

Parkinson's disease

Parkinson's disease is a movement disorder characterised by muscle rigidity, tremor, a slowing of physical movement (bradykinesia) and, in extreme cases, a loss of physical movement (akinesia). The primary symptoms are the result of altered signalling of an area of the brain,Ā the striatum, responsible for the control of movement. This is caused by degeneration of dopaminergic neurones between theĀ striatumĀ and theĀ substantia nigraĀ part of the brain leading to insufficient formation and action of dopamine. Parkinson's disease is therefore termed a neurodegenerative disease. The disease is slow in onset and the appearance of symptoms reflects the gradual loss of dopaminergic neurones.

The prevalence of the disease is estimated to be 100 to 200 per 100,000 population (Source: Datamonitor). In the US alone, there are estimated to be one million patients with diagnosed Parkinson's disease with associated healthcare costs to the economy of $25 billion (Source: Northwest Parkinson's Foundation submission to US Congress). Parkinson's disease can affect people of any age, though the incidence is higher in older people. Individuals will experience varying combinations of the symptoms, each with differing degrees of severity. The cause of Parkinson's disease in the majority of cases is unknown (idiopathic Parkinson's disease), though some cases have been found to have a hereditary component (familial Parkinson's disease) and possible mechanisms include oxidative damage of nerve cells coupled with loss of neurotrophic factors. Neurotrophic factors such as GDNF are essential for the survival and maintenance of nerve cells and provide protection against toxic insults, however as proteins, their utility as pharmacological treatments are limited (Source: Michael J. Fox Foundation for Parkinson's Research).

At present, there is no cure for Parkinson's disease, but a variety of medications provide relief from the symptoms, usually by dopamine replacement therapy either by L-DOPA, which is converted to dopamine in theĀ striatum, or by dopamine agonists which act on the dopamine receptors to restore normal motor function (control of movement). However, both treatments cause either less dopamine to be released by the brain or the dopamine receptors to become progressively less sensitive, thereby eventually increasing the symptoms of the underlying Parkinson's disease. There is an urgent need for the development of new approaches to this debilitating condition and non-peptide orally bioavailable neurotrophic factor inducers which readily cross the blood brain barrier represent an important new therapeuticĀ approach.

For further information about Phytopharm please see our website atĀ http://www.phytopharm.com

This information is provided by RNS
The company news service from the London Stock Exchange
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