PAA 0.00% 22.0¢ pharmaust limited

Ann: Motor Neurone Disease Phase 1/2 Clinical Trial Update, page-3

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    Motor Neurone Disease Phase 1/2 Clinical Trial Update

    • All 12 patients in Cohort 3 have received initial escalated dose of MPL

    • The dosages used for Cohorts 1, 2 & 3 have been well tolerated, and no Serious
    Adverse Events were observed, implying the drug has a good safety profile

    • Analysis evaluating changes in biomarkers and pharmacodynamics is well
    underway

    • PharmAust expects to proceed to Phase 2 with favourable efficacy biomarker
    results under the interim analysis

    27 June 2023 – Perth, Australia: PharmAust Limited (ASX: PAA & PAAO), a clinical-stage
    biotechnology company, is pleased to announce that all 12 patients in Cohort 3 have received an initial
    escalated dose in its Phase 1/2 clinical trial of its lead drug candidate monepantel (MPL) in Motor
    Neurone Disease/Amyotrophic Lateral Sclerosis (MND/ALS).
    The patients are enrolled at two sites: Calvary Health Care Bethlehem, Statewide Progressive
    Neurological Disease Service, Caulfield South in Victoria and The Centre for Motor Neurone Disease
    Research, Faculty of Medicine and Health Research Macquarie University in NSW.
    The Phase 1/2 clinical study aims to determine the tolerability, safety, pharmacokinetics and preliminary
    efficacy of oral MPL in individuals living with MND. The trial is open label and comprises four cohorts
    with escalating MPL doses.
    So far the MPL tablets have been well tolerated by all patients in the trial and the Safety Monitoring
    Committee will continue the assessment of safety and efficacy for each dosage.
    Progress update on Phase 1/2 MND interim analysis
    As previously announced, interim analysis of biomarkers and pharmacodynamics through the current
    Phase 1/2 study is well underway. These highly specialised assays are being performed by three
    independent Australian institutions to explore how MPL is acting on the mTOR signalling pathway in
    MND patients to slow disease progression.
    It is hoped that biomarker analysis will confirm MPL’s ability
    to cross the blood-brain barrier and to aid in clearing protein aggregation that is the hallmark of
    neurodegenerative diseases through the induction of autophagy in nerve cells.
    Biomarker research in MND has led to the identification of the protein p75 ECD in urine, demonstrating
    people with MND show significantly higher levels of that protein compared to those without MND
    (reference: https://pubmed.ncbi.nlm.nih.gov/28228570/).
    The p75 ECD study results have now been received from Flinders University in Adelaide and will be
    formally interpreted by a pharmacologist and will be announced as soon as possible.
    An analysis being conducted at the Florey Institute in Melbourne evaluating p-RPS6KB1 and pEIF4EBP1 is still pending. Further, highly specialised testing of Neurofilament Light Chain (NfL) is being
    conducted at the University of Tasmania which is expected in the coming weeks.
    PharmAust Limited ABN 35 094 006 023. Suite 116, 1 Kyle Way, Claremont, Western Australia
    Tel: 08 9202 6814 Fax: 08 9467 6111
    www.pharmaust.com
    About Motor Neurone Disease/Amyotrophic Lateral Sclerosis and the trial
    According to the International Alliance of ALS/MND Associations, MND affects over 350,000 people
    globally and kills more than 100,000 people yearly. The disease is invariably fatal, with the average life
    expectancy of someone with MND being around 27 months. The MND/ALS addressable market is
    US$3.6Bn per annum, with Riluzole reaching ~US$1Bn annual sales.
    The disease is progressive, meaning the symptoms get worse over time. MND has no cure and no
    effective treatment to reverse its progression. PharmAust notes that five patients have surpassed the
    8-month mark on MPL without any safety issues, and one patient appears “stable”.
    PharmAust demonstrated in its preclinical programs that MPL has the potential to activate molecular
    pathways relevant to the treatment of MND. MPL could reduce the rate of degeneration and loss of
    motor neurons in the brainstem's anterior horns and motor nuclei. There are also several surrogate
    clinical endpoints to be determined during the trial. PharmAust has developed and manufactured a
    bespoke MPL tablet for the trial.
    The Phase 1/2 study is being funded by a commitment of $881,085 by FightMND, Australia's largest
    independent funder of MND research.
    With success in the clinic, PharmAust hopes that MPL could receive orphan drug designation by the
    TGA and FDA for MND. Such designations come with financial and supportive benefits and PAA is
    evaluating this opportunity.
    This announcement is authorised by the Board.
    Enquiries:
    Anusha Aubert
    Investor Relations
    [email protected]
    P +61 (8) 9202 6814
    F +61 (8) 9467 6111
    W www.pharmaust.com
 
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