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 picksMTFB.L Regulatory News (MTFB)

  • There is currently no data for MTFB

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Positive Data Readout for Iclaprim Phase 3 Trial

18 Apr 2017 07:00

RNS Number : 5441C
Motif Bio PLC
18 April 2017
 

 

This announcement contains inside information

 

Motif Bio plc

("Motif Bio" or the "Company")

 

Motif Bio Announces Positive Results for Iclaprim, in the REVIVE-1 Phase 3 Study

 

· Iclaprim met the primary endpoint

 

· Iclaprim was well tolerated in the study

 

· Data from the second Phase 3 ABSSSI Trial, REVIVE-2, expected in the second half of 2017

 

· NDA submission expected in the first half of 2018

 

Company to host a conference call today at 1.00 pm BST, 8:00 am EDT

 

Motif Bio plc (AIM: MTFB), the clinical stage biopharmaceutical company specialising in developing novel antibiotics, today announced positive topline results from REVIVE-1, a global Phase 3 clinical trial of its investigational drug candidate iclaprim in patients with acute bacterial skin and skin structure infections (ABSSSI).

 

Iclaprim achieved the primary endpoint of non-inferiority (NI) (10% margin) compared to vancomycin at the early time point (ETP), 48 to 72 hours after the start of administration of the study drug, in the intent-to-treat (ITT) patient population. Iclaprim also achieved NI (10% margin) at the test of cure (TOC) endpoint, 7 to 14 days after study drug discontinuation, in the ITT patient population.

 

Time point

Endpoint

Iclaprim

N=298

Vancomycin

N=300

% Difference

(95% CI)

ETP

Early Clinical Response (ECR)*

241 (80.9%)

243 (81.0%)

-0.13

(-6.42, 6.17)

TOC

Clinical cure

251 (84.2%)

261 (87.0%)

-2.77

(-8.39, 2.85)

*>20% reduction of lesion area at 48-72 hours

 

In an analysis of a pre-specified secondary endpoint, 60.4% of patients receiving iclaprim demonstrated resolution or near resolution at end of therapy (EOT), compared to 58.3% of patients receiving vancomycin (treatment difference: 2.07%, 95% CI: -5.80% to 9.94%). In another pre-specified secondary endpoint analysis, using a modified clinical cure TOC endpoint defined by a >90% reduction in lesion size at TOC, no increase in lesion size since ETP and no requirement for additional antibiotics, clinical cure was seen in 68.5% of patients receiving iclaprim and 73.0% of patients receiving vancomycin (treatment difference: -4.54%, 95% CI: -11.83% to 2.74%).

 

Graham Lumsden, Chief Executive Officer of Motif Bio commented: "The successful completion of REVIVE-1 is a significant achievement for Motif Bio. I would like to thank the patients and physicians that participated in this important study. We believe that iclaprim, if approved, could be an important option for patients with ABSSSI, especially for patients with severe infections who may also have kidney disease with or without diabetes. Unlike current standard of care antibiotics, in clinical trials to date, nephrotoxicity has not been observed with iclaprim and dosage adjustment has not been required in renally impaired patients. It is estimated that up to 26% of the 3.6 million ABSSSI patients hospitalised annually in the U.S. have kidney disease."

 

William D. O'Riordan M.D., FACEP, Chief Medical Officer, eStudySite commented: "Following the positive outcome in this clinical trial, the differentiated mechanism, potency, spectrum, safety and efficacy of iclaprim, if approved, could provide a valuable new antibiotic treatment option that is urgently needed to offset the rising problem of bacterial resistance."

 

Data from REVIVE-2, the second Phase 3 trial, which uses an identical protocol to REVIVE-1 but has different trial centres, are expected in the second half of 2017 and submission of a New Drug Application (NDA) for iclaprim for the treatment of ABSSSI is anticipated in the first half of 2018.

 

Iclaprim has been designated as a Qualified Infectious Disease Product (QIDP) by the U.S. Food and Drug Administration (FDA) for the treatment of ABSSSI and hospital acquired bacterial pneumonia (HABP), which enables Priority Review following submission of a NDA. If approved, it is anticipated that iclaprim will be eligible to receive 10 years of market exclusivity in the U.S. from the date of approval. The FDA has also granted Fast Track designation for iclaprim.

 

REVIVE-1 Overview and Adverse Event (AE) Summary

 

REVIVE-1 is a 600-patient double-blinded, active-controlled, global, multicentre trial, in patients with ABSSSI that compares the safety and efficacy of an 80mg intravenous dose of iclaprim with a 15mg/kg intravenous dose of vancomycin. Treatments were administered every 12 hours for 5 to 14 days.

 

Iclaprim was well tolerated in the study, with most adverse events categorized as mild.

 

Iclaprim

N=293

Vancomycin

N=297

TEAEs (Treatment Emergent Adverse Events)

151 (51.5%)

128 (43.1%)

Study drug related TEAEs

57 (19.5%)

53 (17.8%)

TEAEs leading to discontinuation of study drug

8 (2.7%)

13 (4.4%)

TEAE-related SAEs (Serious AEs)

8 (2.7%)

12 (4.0%)

Deaths

0 (0.0%)

1 (0.3%)

 

Motif Bio plans to present the full data from this study at an upcoming scientific forum.

 

Conference call details

 

Motif Bio management will host a conference call regarding this announcement at 1.00 pm BST, 8:00 am EDT on Tuesday, 18 April 2017. The call may be accessed by dialling +1-703-736-7410 for callers outside the U.S., (866) 219-5264 for callers in the U.S., using the conference ID number 6665100. A live webcast of the call will be available from the investor relations section of the company's website at www.motifbio.com, and will be archived there for 30 days.

 

For further information please contact:

 

Motif Bio plc

info@motifbio.com

Graham Lumsden (Chief Executive Officer)

 

 

 

Zeus Capital Limited (NOMAD & BROKER)

+44 (0)20 3829 5000

Phil Walker/Giles Balleny

 

Dominic Wilson

 

 

 

Northland Capital Partners Limited (BROKER)

+44 (0)203 861 6625

Patrick Claridge/ David Hignell

 

John Howes/ Rob Rees (Broking)

 

 

 

Walbrook PR Ltd. (FINANCIAL PR & IR)

+44 (0) 20 7933 8780 or motifbio@walbrookpr.com

Paul McManus

Mob: +44 (0)7980 541 893

Mike Wort

Mob: +44 (0)7900 608 002

 

 

MC Services AG (EUROPEAN IR)

+49 (0)89 210 2280

Raimund Gabriel

 

 

 

Notes to Editors

About iclaprim

Iclaprim is a potential novel antibiotic, designed to be effective against bacteria that have developed resistance to other antibiotics, including trimethoprim. Iclaprim exhibits potent in vitro activity against Gram-positive clinical isolates of many genera of staphylococci, including methicillin sensitive Staphylococcus aureus (MSSA) and methicillin resistant Staphylococcus aureus (MRSA). The MIC90 of iclaprim was lower than most comparators including vancomycin and linezolid, standard of care therapies used in serious and life-threatening Gram-positive hospital infections. To date, iclaprim has been studied in over 900 patients and healthy volunteers. Iclaprim is administered intravenously at a fixed dose, with no dosage adjustment required in patients with renal impairment, or in obese patients. This may help reduce overall hospital treatment costs, especially in renally impaired patients.

 

About Motif Bio plc www.motifbio.com

Motif Bio is a clinical-stage biopharmaceutical company, engaged in the research and development of novel antibiotics designed to be effective against serious and life-threatening infections in hospitalised patients caused by multi-drug resistant bacteria. Our lead product candidate, iclaprim, is being developed for the treatment of acute bacterial skin and skin structure infections (ABSSSI) and hospital acquired bacterial pneumonia (HABP), including ventilator associated bacterial pneumonia (VABP), infections often caused by MRSA (methicillin resistant Staphylococcus aureus). Having completed the REVIVE-1 trial, patients are currently being enrolled and dosed in a second global Phase 3 clinical trial (REVIVE-2) with an intravenous formulation of iclaprim, for the treatment of ABSSSI. Data readout for REVIVE-2 is expected in the second half of 2017.

 

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION. UPON THE PUBLICATION OF THE ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

 

Forward-Looking Statements

 

This press release contains forward-looking statements. Words such as "expect," "believe," "intend," "plan," "continue," "may," "will," "anticipate," and similar expressions are intended to identify forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause Motif Bio's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Motif Bio believes that these factors include, but are not limited to, (i) the timing, progress and the results of clinical trials for Motif Bio's product candidates, (ii) the timing, scope or likelihood of regulatory filings and approvals for Motif Bio's product candidates, (iii) Motif Bio's ability to successfully commercialize its product candidates, (iv) Motif Bio's ability to effectively market any product candidates that receive regulatory approval, (v) Motif Bio's commercialization, marketing and manufacturing capabilities and strategy, (vi) Motif Bio's expectation regarding the safety and efficacy of its product candidates, (vii) the potential clinical utility and benefits of Motif Bio's product candidates, (viii) Motif Bio's ability to advance its product candidates through various stages of development, especially through pivotal safety and efficacy trials, and (ix) Motif Bio's estimates regarding the potential market opportunity for its product candidates and (x) the factors discussed in the section entitled "Risk Factors" in Motif Bio plc's prospectus filed with the SEC in November 21, 2016, which is available on the SEC's web site, www.sec.gov. Motif Bio plc undertakes no obligation to update or revise any forward-looking statements.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCUBRRRBUASAUR
Date   Source Headline
15th Jun 20217:00 amRNSCancellation - Motif Bio plc
14th Jun 202112:24 pmRNSResult of General Meeting
11th Jun 20212:59 pmRNSGeneral Meeting – Dial in Details
2nd Jun 20219:32 amRNSUpdate on Share Consolidation & Admission Warrants
26th May 20214:00 pmRNSSchedule One - Motif Bio plc
26th May 20213:00 pmRNSUpdate on Proposed Reverse Takeover
10th May 20217:00 amRNS2020 Annual Report and Accounts
29th Mar 20217:00 amRNSUpdate re proposed Reverse Takeover
26th Feb 20217:00 amRNSUpdate re Motif BioSciences Inc
27th Jan 20217:00 amRNSUpdate re proposed Reverse Takeover
5th Jan 20217:00 amRNSBusiness Update
12th Oct 20207:00 amRNSHalf-year Report
30th Sep 20202:27 pmRNSResult of AGM
23rd Sep 20207:00 amRNSNotification of Interim Results
9th Sep 20207:00 amRNSAnnual Report and Accounts & Notice of AGM
1st Sep 20207:00 amRNSFinal Results
29th Jul 20207:30 amRNSSuspension - Motif Bio Plc
29th Jul 20207:30 amRNSSuspension of Trading on AIM
28th Jul 20204:41 pmRNSSecond Price Monitoring Extn
28th Jul 20204:36 pmRNSPrice Monitoring Extension
22nd Jun 20207:00 amRNSDelay in publication of Final Results
17th Jun 20204:41 pmRNSSecond Price Monitoring Extn
17th Jun 20204:36 pmRNSPrice Monitoring Extension
12th Jun 202012:41 pmRNSHolding(s) in Company
5th Jun 20201:55 pmRNSHolding(s) in Company
4th Jun 20201:32 pmRNSHolding(s) in Company
2nd Jun 20204:42 pmRNSSecond Price Monitoring Extn
2nd Jun 20204:36 pmRNSPrice Monitoring Extension
1st Jun 20207:00 amRNSBusiness update & Appointment of Strategic Adviser
29th May 20207:00 amRNSTotal Voting Rights
21st May 202012:20 pmRNSHolding(s) in Company
19th May 202010:30 amRNSHolding(s) in Company
15th May 20207:00 amRNSExercise of Warrants
12th May 20205:02 pmRNSHolding(s) in Company
5th May 20207:00 amRNSPlacing to raise £650,000
4th May 20204:41 pmRNSSecond Price Monitoring Extn
4th May 20204:36 pmRNSPrice Monitoring Extension
4th May 20207:00 amRNSDirectorate Changes & Corporate Update
15th Apr 20204:41 pmRNSSecond Price Monitoring Extn
15th Apr 20204:36 pmRNSPrice Monitoring Extension
14th Apr 20204:41 pmRNSSecond Price Monitoring Extn
14th Apr 20204:37 pmRNSPrice Monitoring Extension
14th Apr 20201:21 pmRNSStmnt re Share Price Movement
9th Apr 20204:40 pmRNSSecond Price Monitoring Extn
9th Apr 20204:36 pmRNSPrice Monitoring Extension
9th Apr 202012:08 pmRNSSecond Price Monitoring Extn
9th Apr 202012:03 pmRNSPrice Monitoring Extension
7th Apr 20204:41 pmRNSSecond Price Monitoring Extn
7th Apr 20204:36 pmRNSPrice Monitoring Extension
19th Mar 20205:30 pmRNSMotif Bio

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.