BioLineRx Enrolls First Patient in Phase I/II Clinical Trial for BL-8020, an
Oral, Interferon-Free Treatment for Hepatitis C
- Interim results are expected by the end of 2013 -
JERUSALEM, Apr 29, 2013 (BUSINESS WIRE) -- BioLineRx (NASDAQ: BLRX; TASE: BLRX), a
biopharmaceutical development company, announced today enrollment of the first
patient in a Phase I/II trial for BL-8020, an orally available, interferon-free
treatment for the Hepatitis C virus (HCV). The patient was enrolled at the
Hopital Cochin in Paris, France.
The study is an open-label trial to evaluate the efficacy, safety and
tolerability of BL-8020 in patients infected with HCV. It will be conducted at
two clinical sites in France and will include up to 32 HCV-infected patients of
any genotype who have previously failed or relapsed following treatment with the
standard-of-care. BL-8020 is a proprietary fixed-dose combination treatment
composed of Ribavirin and Hydroxychloroquine (HCQ), which results in an improved
version of Ribavirin. The primary endpoint of the study is to evaluate the
effect of a 16-week combination therapy with Ribavirin and HCQ. The study is
specifically designed to allow intra-subject analysis, in order to determine the
extent to which HCQ enhances Ribavirin's antiviral activity.
BL-8020 is an orally available HCV treatment with a unique mechanism of
action that targets the host cell, and thus differs from other currently used
anti-HCV agents. This suggests pan-genotypic efficacy and the ability to be
combined with other HCV therapeutics as part of an interferon-free regimen.
BL-8020's mechanism of action involves the inhibition of HCV-induced autophagy
in the host cells. Autophagy is a mechanism by which cells degrade damaged or
unnecessary cellular components, and is known to be used by HCV during viral
replication. BL-8020 inhibits the autophagy mechanism and thus reduces the
ability of HCV to replicate in the human cell.
BL-8020's safety and efficacy have been demonstrated in a number of
pre-clinical studies. These studies have shown that BL-8020 has a synergistic
effect with other anti-HCV agents. This effect on other therapies is likely to
increase their potency and reduce the numerous adverse effects often associated
with these drugs by enabling utilization of lower dosages. The use of multiple
therapies with different modes of action is also likely to be beneficial for
patients who have developed resistance or do not respond to current treatments
and is a common practice in current HCV treatment regimens.
"We are very pleased with the initiation of a clinical trial for our first
anti-HCV agent, BL-8020. HCV induces a chronic infection in over one-half of
individuals infected and, depending on the virus genotype, as few as 60%
completely recover. In addition, current standard-of-care treatment options are
lengthy and not well tolerated," stated Dr. Kinneret Savitsky, CEO of BioLineRx.
"Accordingly, there is a clear need for new drugs that can increase the
effectiveness of existing treatments, especially in patients who have already
undergone treatment, but have previously failed to respond or relapsed. In this
respect, this study would be a first step in establishing in patients the
synergistic potential of BL-8020 in combination with other HCV treatments. Based
on its pre-clinical results, unique mechanism of action and synergistic effect
with other anti-HCV compounds, we are very hopeful that BL-8020 will indeed
enhance the activity of other available Hepatitis C treatments, thereby
improving Hepatitis C care. We look forward to the partial results from the
Phase I/II trial expected towards the end of 2013."
"We are also excited about the initiation of the Phase I/II clinical trial
with BL-8020," stated Professor Stanislas Pol from Hopital Cochin in Paris, the
lead principal investigator in the study. "Preclinical results in our ex-vivo
model of infected human liver slices showed a time and dose-dependent inhibitory
effect on HCV replication and infectivity. We hope that this drug, especially
when combined with other available Hepatitis C drugs, will improve the treatment
outcome of previously non-responsive patients," said Professor Pol.
About BL-8020
BL-8020 was licensed under a worldwide, exclusive agreement from Genoscience,
a French company focused on viral disease therapeutics. It was developed as an
anti-viral therapy by Professor Philippe Halfon, Co-Founder and President of
Genoscience and a world-renowned scientist for his work on HIV, HPV (human
papilloma virus causing cervical cancer) and Hepatitis.
About Hepatitis C
Hepatitis C infection is a blood-borne infection of the liver caused by the
Hepatitis C virus (HCV) which becomes chronic in about 85% of cases. According
to a 2011 report from Decision Resources, about 180 million people worldwide are
chronically infected with HCV. In addition, HCV infection is the leading cause
of liver transplantation and is a risk factor for liver cancer. The global
Hepatitis market was estimated at $6 billion in 2011 and is forecasted to grow
to $20 billion by the end of the decade.
About BioLineRx
BioLineRx is a publicly-traded biopharmaceutical development company.
BioLineRx is dedicated to building a portfolio of products for unmet medical
needs or with advantages over currently available therapies. BioLineRx's current
portfolio consists of seven clinical stage candidates: BL-1040, for prevention
of pathological cardiac remodeling following a myocardial infarction, which has
been out-licensed to Ikaria Inc., is currently undergoing a pivotal CE-Mark
registration trial; BL-5010 for non-surgical removal of skin lesions has
completed a Phase I/II study; BL-7040 for treating inflammatory bowel disease
(IBD) has completed a Phase IIa trial; BL-8040 for treating acute myeloid
leukemia (AML) and other hematological cancers will shortly commence a Phase II
study; BL-1021 for neuropathic pain is in Phase I development; BL-8020 for
hepatitis C (HCV) is commencing a Phase I/II study; and BL-1020 for
schizophrenia. In addition, BioLineRx has five products in various pre-clinical
development stages for a variety of indications, including central nervous
system diseases, infectious diseases, cardiovascular and autoimmune diseases.
BioLineRx's business model is based on acquiring molecules mainly from
biotechnological incubators and academic institutions. The Company performs
feasibility assessment studies and development through pre-clinical and clinical
stages, with partial funding from the Israeli Government's Office of the Chief
Scientist (OCS). The final stage includes partnering with medium and large
pharmaceutical companies for advanced clinical development (Phase III) and
commercialization. For more information on BioLineRx, please visit
www.biolinerx.com, the content of which does not form a part of this press
release.
Various statements in this release concerning BioLineRx's future
expectations, including specifically those related to the development and
commercialization of BL-8020, constitute "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. These
statements include words such as "may," "expects," "anticipates," "believes,"
and "intends," and describe opinions about future events. These forward-looking
statements involve known and unknown risks and uncertainties that may cause the
actual results, performance or achievements of BioLineRx to be materially
different from any future results, performance or achievements expressed or
implied by such forward-looking statements. Some of these risks are: changes in
relationships with collaborators; the impact of competitive products and
technological changes; risks relating to the development of new products; and
the ability to implement technological improvements. These and other factors are
more fully discussed in the "Risk Factors" section of BioLineRx's most recent
annual report on Form 20-F filed with the Securities and Exchange Commission on
March 12, 2013. In addition, any forward-looking statements represent
BioLineRx's views only as of the date of this release and should not be relied
upon as representing its views as of any subsequent date. BioLineRx does not
assume any obligation to update any forward-looking statements unless required
by law.
SOURCE:
BioLineRx
KCSA Strategic Communications
Garth Russell / Todd Fromer
1 212-896-1250 / 1 212-896-1215
grussell@kcsa.com / tfromer@kcsa.com
or
BioLineRx
Tsipi Haitovsky
Public Relations
+972-52-598-9892
tsipih@netvision.net.il