LEXINGTON, Mass., Jan. 5, 2015 /TRENDINGGLOBALNEWS/ -- Synageva BioPharma Corp. (NASDAQ: GEVA),
a biopharmaceutical company developing therapeutic products for rare
disorders, announced today new pipeline programs and other company
progress.
"We are building a global, generational company that will continue to make a meaningful impact on the lives of patients," said Sanj K. Patel,
President and Chief Executive Officer of Synageva. "Today's news
highlights our development efforts in addition to preparing for a global
launch of sebelipase alfa and initiating a Phase 1/2 study with our
next program, SBC-103. We plan to advance the new programs announced
today closer to the clinic, and further develop additional pipeline
programs, in concert with our goal of being a multi-product company."
Sanj K. Patel
will review sebelipase alfa (Kanuma™), SBC-103 and the programs
highlighted in today's announcement during the company's presentation at
the J.P. Morgan Healthcare Conference being held in San Francisco, CA, on Monday, January 12, 2015, at 9:00 a.m. PST (12:00 p.m. EST).
SBC-105 for GACI and other rare disorders of calcification
SBC-105
is Synageva's third pipeline program and a first-mover enzyme
replacement therapy in preclinical development for rare disorders of
calcification, including the first planned indication for generalized
arterial calcification of infancy (GACI)1. Patients with
GACI suffer from calcification of the medium and large arteries leading
to arterial narrowing and heart failure. The disease predominantly
affects infants and children, and most patients with the disease die in
early infancy. Based on published data, the company estimates that GACI
affects approximately 2,000 to 3,000 patients in major, reimbursable
markets.
In
healthy individuals, an enzyme called ectonucleotide
pyrophosphatase/phosphodiesterase-1 (ENPP1) generates pyrophosphate
(PPi), which is a potent inhibitor of tissue calcification. Due to
inherited mutations of ENPP1, patients with GACI have low levels of PPi,
which results in increased calcification of the arteries and other
tissues. SBC-105 is a recombinant enzyme that replaces the mutated
ENPP1 enzyme and increases production of PPi. In a preclinical mouse
model of GACI, SBC-105 improved survival, tissue calcification, and
biomarkers associated with GACI. With additional preclinical
development, the company plans to advance this program into the clinic
in 2016. An issued composition of matter patent (U.S. 8,846,603) and
other pending patent applications cover the SBC-105 program and provide
protection to at least 2031, not including extensions.
Beyond
GACI, SBC-105 may have broader medical utility in other rare disorders
of calcification including hypophosphatemic rickets and pseudoxanthoma
elasticum, where low PPi levels contribute to pathological calcification
with increased morbidity and mortality.
"SBC-105
offers the potential to positively affect the abnormal calcification
process associated with GACI and other disorders associated with
pathological calcification," said Anthony Quinn,
MBChB, Ph.D., FRCP, Executive Vice President and Chief Medical Officer
at Synageva. "We are excited about the data generated so far with
SBC-105 in GACI and plan to generate further data in additional
indications."
Other pipeline programs include potentially bio-superior treatments in addition to novel first-mover programs
Synageva
continues to explore opportunities that leverage the company's
manufacturing platform and other capabilities to create potentially
bio-superior treatments for patient populations where there is still
unmet medical need. The company has recently produced enzymes targeting
Hunter Syndrome, Fabry Disease and Pompe Disease with expression levels
and activity that support further preclinical development. Combined,
these diseases affect well-defined patient populations in excess of
10,000 individuals worldwide. The additional preclinical development
efforts planned for this year are designed to generate proof of concept
data including the potential for improved product characteristics, with
the goal to advance at least one of these programs into the clinic by
the end of 2016.
The
company's proprietary manufacturing technology can enable robust and
flexible scale-up of therapeutic proteins with favorable properties.
The platform has been used to manufacture most of the company's
investigational products, including its lead program Kanuma and SBC-103,
and has shown the ability to overcome challenges previously encountered
in manufacturing these proteins using other platforms.
"A
significant opportunity exists to improve upon current treatments,
initially in the area of lysosomal storage diseases," said Gregory Grabowski,
M.D., Chief Scientific Officer at Synageva. "The properties of our
manufacturing platform support the production of these potentially
bio-superior proteins, and with our development expertise, we will
continue to advance these and other programs."
The
company has additional first-mover and potentially bio-superior protein
therapeutic pipeline programs for other rare diseases at different
stages of preclinical development. Synageva owns the worldwide rights
to all of its pipeline programs.
Kanuma™ (sebelipase alfa) for LAL Deficiency
The
company recently submitted a Biologics License Application (BLA) to the
U.S. Food and Drug Administration (FDA) and a Marketing Authorization
Application (MAA) to the European Medicines Agency (EMA) for Kanuma as a
treatment for patients with lysosomal acid lipase deficiency (LAL
Deficiency). The EMA recently validated the MAA and granted the
company's request for accelerated assessment, which has the potential to
shorten the EMA's regulatory review time.
The
BLA and MAA include previously reported data from the global,
randomized, double-blind, placebo controlled Phase 3 trial of Kanuma in
children and adults with LAL Deficiency, and the Phase 2/3 trial of
Kanuma in infants with LAL Deficiency. Patients in these trials,
combined with patients in other ongoing clinical trials with Kanuma,
represent the largest patient population studied to date for this rare
and devastating disease.
The
company recently initiated a multicenter patient identification study
of LAL Deficiency in at risk patient populations. This study expands
upon the company's ongoing efforts to improve disease understanding by
inviting physicians to participate in a global, multicenter trial. LAL
Deficiency disease manifestations can resemble other more common
conditions, and given the historically limited disease awareness,
misdiagnosis and delayed diagnosis can occur. The purpose of the study
is to determine the frequency of LAL Deficiency in patients considered
to be at high risk of having LAL Deficiency, and may include patients
misdiagnosed with nonalcoholic steatohepatitis (NASH), non-alcoholic
fatty liver disease (NAFLD), familial hypercholesterolemia (FH) or
metabolic syndromes, among others.
The
study is designed to enroll 10,000 at-risk patients across
approximately 100 clinical trial sites in 12 countries. These at-risk
patients include non-obese patients greater than two years of age with
persistent, unexplained elevated transaminases, cryptogenic cirrhosis,
or presumed FH including patients who have not been found to have
disease-causing mutations in the low-density lipoprotein receptor, Apo-B
and PCSK-9 genes. The first patient has been enrolled and the company
expects to complete the study during 2016.
"Given
the clinical manifestations and the current awareness of LAL
Deficiency, misdiagnosis or delayed diagnosis of LAL Deficiency is not
unusual," said Rob Bazemore,
Chief Operating Officer and Head of Global Commercial and Medical
Affairs at Synageva. "This study will advance disease understanding and
help to assure accurate diagnosis of affected patients around the
world."
SBC-103 for MPS IIIB
The
company recently announced that the investigational new drug (IND)
application to the U.S. Food & Drug Administration (FDA) to evaluate
SBC-103 as a treatment for mucopolysaccharidosis IIIB (MPS IIIB, also
known as Sanfilippo B syndrome) is active. The company plans to start
enrolling patients with MPS IIIB in a Phase 1/2 study investigating
intravenous administration of SBC-103 shortly and to report preliminary
data from this study in 2015.
SBC-103
is Synageva's second pipeline program and is a recombinant form of the
natural human alpha-N-acetyl-glucosaminidase (NAGLU) enzyme. The
advancement of SBC-103 towards the clinic is supported by preclinical
studies demonstrating that intravenously administered SBC-103 is able to
cross the blood-brain barrier and reduce heparan sulfate (HS) storage
in the brain and in the liver in an MPS IIIB animal model. In addition,
SBC-103 demonstrated transport across an in vitro model of the
blood-brain barrier and distributed into the brain in non-human primate
studies.
The
company recently completed a study assessing the integrity of the
blood-brain barrier and other disease abnormalities in patients with MPS
IIIB and plans to report data during the first quarter of 2015. The
company is also conducting natural history studies in MPS IIIB. These
include a retrospective natural history study of deceased MPS IIIB
patients that began in July 2013 and a
prospective, longitudinal natural history study in living MPS IIIB
patients that began in September 2014. Natural history studies can help
build an understanding of the etiology, manifestations and progression
of disease and provide insights into biomarkers and other measures of
clinical outcome.
SBC-103 was granted orphan designation by the U.S. Food and Drug Administration (FDA) in April 2013 and the European Medicines Agency (EMA) in June 2013.
Synageva
routinely posts information that may be important to investors in the
"Investor Relations" section of the company's website at www.synageva.com.
Synageva encourages investors and potential investors to consult this
website regularly for important information about the company.
Further information regarding Synageva is available at www.synageva.com.
Medical information regarding Kanuma and LAL Deficiency is available by email at medinfo@synageva.com.
Forward-Looking Statements
This
news release contains "forward-looking statements". Such statements
generally can be identified by the use of words such as "anticipate,"
"expect," "plan," "could," "intend," "believe," "may," "will,"
"estimate," "forecast," "project," "potential," or words of similar
meaning. These forward-looking statements address, among other matters,
plans and timing to advance SBC-105 to the clinic, potential for
SBC-105 to positively affect the abnormal calcification process,
SBC-105's potential to have broader medical utility in other rare
disorders, plans to develop data for SBC-105 in additional indications,
the ability for the company's manufacturing platform to potentially
create bio-superior treatments, plans to generate proof of concept data
and improved product characteristics, the timing to advance a potential
bio-superior program into the clinic, plans to develop additional
pipeline programs, the potential that the EMA's regulatory review time
periods for Kanuma may be shortened, the timing to conclude the
company-sponsored study for patient identification, the potential that
the company-sponsored study will advance disease understanding and more
accurate diagnosis, and the timing to advance SBC-103 into the clinic,
dose the first patient and report data from the SBC-103 Phase 1/2 study.
Many factors may cause actual results to differ materially from
forward-looking statements, including inaccurate assumptions and a broad
variety of risks and uncertainties some of which are known, such as,
unanticipated costs or delays in the company's research and development
programs, risk of delays in completing the company's preclinical and
clinical trials, risk that the outcomes of the preclinical or clinical
trials may not support registration or further development of the
company's product candidates due to safety, efficacy or other reasons,
the timing for initiating and completing potential preclinical and
clinical studies, the timing for reporting data from potential
preclinical and clinical studies, the content and timing of decisions by
the FDA, EMA and other regulatory authorities, the ability to continue
to produce favorable product attributes and characteristics expressed
using the company's proprietary platform, and the risks identified under
the heading "Risk Factors" in Synageva's Quarterly Report on Form 10-Q
filed with the Securities and Exchange Commission (SEC) on October 30, 2014
and other filings Synageva periodically makes with the SEC, and others
of which are not known. Preclinical and clinical trial data are subject
to differing interpretations, and regulatory agencies, as well as
medical and scientific experts, may not share Synageva's views regarding
these data or its implications. The timing and content of any FDA or
EMA action on the applications to market Kanuma for treatment of LAL
Deficiency are inherently uncertain, Synageva may encounter problems or
delays in the regulatory process, and the applications may not be
approved without substantial addition data, or at all, or may be
approved with restrictive labels. Nothing stated or implied by a
forward-looking statement is a guarantee of future results or events,
and investors should avoid placing undue reliance on such statements.
Synageva undertakes no obligation to update any forward-looking
statements, whether as a result of new information, future events or
otherwise. Our business is subject to substantial risks and
uncertainties, including those referenced above. Investors, potential
investors, and others should give careful consideration to these risks
and uncertainties.
"Synageva BioPharma™" and "Kanuma™" are trademarks, and "Dedicated to Rare Diseases®" is a registered trademark, of Synageva.
Source:http://www.prnewswire.com
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