Biophytis Enters into a Collaboration with the French Muscular Dystrophy Association (AFM-Telethon)
June 13 2019 - 7:23AM
Biophytis SA (Euronext Growth Paris: ALBPS), a clinical-stage
biotechnology company focused on the development of therapeutics
for age-related diseases, today announced that it has entered into
a collaboration agreement effective as of June 03, 2019 with
AFM-Telethon focusing on the development of its lead drug
candidate, Sarconeos (BIO101) for the treatment of Duchenne
Muscular Dystrophy (DMD) through its MYODA clinical program.
Under the terms of the collaboration,
AFM-Telethon will provide funding of €400,000 to Biophytis for
certain additional preclinical studies and for the preparations for
the MYODA clinical program, which may become repayable under
certain circumstances.
Subject to regulatory approval to conduct the
MYODA clinical trial in Europe and conclusive results from the
collaboration, Biophytis will submit to AFM-Telethon a new research
project for further collaboration within the framework of the MYODA
clinical program.
“We are very pleased to have the support of
AFM-Telethon for the development of Sarconeos (BIO101) in DMD
through our MYODA clinical program which, subject to regulatory
approval, intends to utilize a ‘seamless’ clinical trial design
with a composite score combining muscle strength, mobility and
respiratory outcomes. DMD is a severe, genetic neuromuscular
disease with limited treatment options. Our goal is to provide a
safe and effective treatment option for both ambulatory and
non-ambulatory patients suffering from this devastating disease
regardless the genetic mutation. We are proud to collaborate with
AFM-Telethon to help us with our clinical efforts and to make the
greatest possible impact for DMD patients and the DMD community,”
said Dr. Stanislas Veillet, chief executive officer of
Biophytis.
About the MYODA clinical
programBiophytis is preparing to advance an oral
pediatric formulation of Sarconeos (BIO101) for Duchenne muscular
dystrophy (DMD) into the clinical phases through its MYODA program.
The MYODA clinical program has been designed to address development
challenges in rare diseases and aims to accommodate the needs of
DMD patients while maximizing clinical efficiency. Subject to
regulatory approval, it proposes to incorporate two innovative
clinical features: (i) a seamless trial design that allows patients
to participate across multiple clinical phases (Phase 1 through
Phase 3), and (ii) a primary endpoint defined as a composite score
combining muscle strength, mobility, and respiratory outcomes,
which is adapted to the stage of severity of the disease in each
patient.
About AFM-TelethonAFM-Téléthon is an
association of patients and their relatives, committed to fighting
disease. Thanks to donations from the Téléthon (€89.2 million in
2017), it has become a major player in biomedical research into
rare diseases in France and across the world. Today, it supports
clinical trials testing treatments for genetic diseases of the
eyes, blood, brain, immune system and muscles. It is unlike other
associations in that its laboratories (Genethon, Institut de
Myologie, I-Stem) have the ability to design, produce and test
their own innovative therapies.
http://www.afm-telethon.com/
About BiophytisBiophytis
is a clinical-stage biotechnology company focused on the
development of therapeutics that slow the degenerative processes
and improve functional outcomes for patients suffering from
age-related diseases. Our therapeutic approach is aimed at
targeting and activating key biological resilience pathways that
can protect against and counteract the effects of the multiple
biological and environmental stresses that lead to age-related
diseases. Our lead drug candidate, Sarconeos (BIO101), is an orally
administered small molecule in development for the treatment of
neuromuscular diseases, including sarcopenia and Duchenne muscular
dystrophy (DMD). Our second drug candidate, Macuneos (BIO201), is
an orally administered small molecule in development for the
treatment of retinal diseases, including dry age-related macular
degeneration (AMD) and Stargardt disease. Biophytis is
headquartered in Paris, France, and has offices in Cambridge,
Massachusetts. The Company’s ordinary shares are listed on Euronext
Growth Paris (Ticker: ALBPS - ISIN: FR0012816825). For more
information please visit www.biophytis.com.
DisclaimerThis press release
contains forward-looking statements. Forward-looking statements
include all statements that are not historical facts. In some
cases, you can identify these forward-looking statements by the use
of words such as “outlook,” “believes,” "expects,” “potential,”
“continues,” “may,” “will,” "should," "could," "seeks," "predicts,"
"intends," "trends," "plans," "estimates," "anticipates" or the
negative version of these words or other comparable words. These
forward-looking statements include any statements regarding our
clinical development plans and future collaborations with
AFM-Telethon. For a discussion of the risks and uncertainties
that could cause the Company's actual results, financial condition,
performance or achievements to differ from those contained in the
Company’s forward looking statements, please consult the Risk
Factors section of the Company's registration document and other
regulatory filings filed with the French Autorité des Marchés
Financiers (AMF), which are available on the AMF website
(www.amf-france.org) and at www.biophytis.com. This press release
and the information contained herein do not constitute an offer to
sell or a solicitation of an offer to buy or subscribe to
securities of Biophytis in any country. Existing and prospective
investors are cautioned not to place undue reliance on these
forward-looking statements and estimates, which speak only as of
the date hereof. Other than as required by applicable law,
Biophytis undertakes no obligation to update or revise the
information contained in this press release. This press release has
been prepared in both French and English. In the event of any
differences between the two texts, the French language version
shall prevail.
Biophytis Investor Relations
ContactDaniel Schneiderman, CFO
dan.schneiderman@biophytis.comTel: +1 (857) 220-9720
U.S. Media ContactLifeSci
Public Relations Cherilyn Cecchini,
M.D.ccecchini@lifescipublicrelations.comTel: +1 (646) 876-5196
Europe Media ContactCitigate
Dewe RogersonAntoine Denry
antoine.denry@citigatedewerogerson.comTel: +33 (0) 1 53 32 84
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