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Biotech / Medical : biotech fireworks

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From: nigel bates1/5/2018 11:43:09 AM
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MNTA 15%
CAMBRIDGE, Mass., Jan. 05, 2018 (GLOBE NEWSWIRE) -- Momenta Pharmaceuticals, Inc. (Nasdaq: MNTA), a biotechnology company specializing in the characterization and engineering of complex drugs, today reported positive top-line data showing safety, tolerability and proof of mechanism for M281 in a phase 1 single ascending dose (SAD) and multiple ascending dose (MAD) study of normal human volunteers. Over the 98-day MAD study, M281 exhibited no serious adverse events, was well tolerated, and decreased circulating IgG levels up to 89% with a mean reduction of 84%.

M281 is a fully human anti-neonatal Fc receptor (FcRn) aglycosylated immunoglobulin G (IgG1) monoclonal antibody, engineered to reduce circulating pathogenic IgG antibodies, in excess of that achieved by any current treatments, by completely blocking endogenous IgG recycling via FcRn." style="margin: 0px 0px 1em; font-family: Georgia, 'Times New Roman', serif; font-size: 18px;">M281 is a fully human anti-neonatal Fc receptor (FcRn) aglycosylated immunoglobulin G (IgG1) monoclonal antibody, engineered to reduce circulating pathogenic IgG antibodies, in excess of that achieved by any current treatments, by completely blocking endogenous IgG recycling via FcRn.

“I could not be more pleased that M281’s ability to lower IgG to target levels with a favorable safety profile worked precisely as we had designed. These data support M281’s potential as a best-in-class anti-FcRn therapeutic for the high unmet medical needs in immune-mediated disorders,” said Craig Wheeler, President and CEO, Momenta Pharmaceuticals. “M281 has been engineered as an effectorless, high affinity, pH insensitive monoclonal antibody to provide benefits that impact patients’ lives. We plan to finalize our development strategy and initiate a proof of concept clinical trial in the second half of 2018, pending regulatory feedback.”

The Phase 1 randomized, double-blind, placebo-controlled study evaluated the safety, tolerability, pharmacokinetics and pharmacodynamics of M281.

SAD: The single ascending dose portion of the study enrolled five cohorts with a total of 34 healthy adult volunteers and showed that a single dose of M281 achieved up to an 80% reduction of circulating IgG antibodies.

MAD: The multiple ascending dose portion of the study assessed M281 in two cohorts, administered in four weekly doses to 16 healthy adult volunteers and showed predictable pharmacokinetics, and commensurate, controllable and reproducible reductions in circulating IgG. The data showed greater than 80% reduction in circulating IgG antibodies with a mean reduction of 84%.

M281 was well tolerated at all dose levels and no serious adverse events or unexpected safety findings were observed in either portion of the study.

Momenta plans to present the top line MAD results of the Phase 1 study at the 2018 J.P. Morgan Annual Healthcare Conference. Full data from the Phase 1 study will be presented at an upcoming Company presentation and future medical congresses.
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