Item 8.01. Other Events.
On December 9, 2020, Cytokinetics, Incorporated (“Cytokinetics”
or the “Registrant”) announced the progression of REDWOOD-HCM following the conduct of an interim analysis of data
from Cohort 1. REDWOOD-HCM (Randomized Evaluation of Dosing With CK-274 in Obstructive Outflow
Disease in HCM) is an ongoing Phase 2 clinical trial of CK-3773274 (CK-274), a next-generation cardiac myosin inhibitor
in development for the potential treatment of hypertrophic cardiomyopathy (HCM).
The interim analysis of data from Cohort 1 of REDWOOD-HCM showed patients
experienced substantial reductions in the average resting left ventricular outflow tract gradient (LVOT-G) as well as the post-Valsalva
LVOT-G (defined as resting gradient <30 mmHg and post-Valsalva gradient <50 mmHg). These clinically relevant decreases in
pressure gradients were achieved with only modest decreases in average left ventricular ejection fraction (LVEF); there were no
dose interruptions due to LVEF falling below 50%, the prespecified safety threshold. Pharmacokinetic data were similar to those
observed in Phase 1. In addition, the safety and tolerability data were supportive of continued dose escalation with no serious
adverse events attributed to study treatment reported by the investigators.
Based on these results from Cohort 1, the Steering Committee and the
Data Monitoring Committee of REDWOOD-HCM have recommended that the trial proceed to Cohort 2. The second cohort is open for enrollment
in centers in North America and Europe. Enrollment in Cohort 2 of REDWOOD-HCM is expected to complete in Q1 2021 and full results
from REDWOOD-HCM across both Cohort 1 and Cohort 2 are expected in mid-2021.
REDWOOD-HCM: Interim Analysis
In Cohort 1, 21 patients were randomized 2:1 in double-blind fashion
to escalating doses of CK-274 (5, 10, and 15 mg. once daily) or placebo. Two weeks after initiation of treatment in each patient
at the starting dose of 5 mg (or placebo), an echocardiogram was performed and, if escalation criteria were met (LVEF >50% and
resting LVOT-G >30 mmHg or post-Valsalva LVOT-G >50 mmHg), the patient was up-titrated to receive 10 mg (or placebo) for
two weeks; similarly, if escalation criteria were met at four weeks, the patient up-titrated again to receive 15 mg (or placebo)
and continued study drug until 10 weeks. If escalation criteria were not met at Week 2 or 4, the patient continued at the same
dose for the rest of the trial.
At the cut-off date for this interim analysis, echocardiographic core
lab data were available from 11 patients through Week 6 for review while all 21 patients contributed safety data. Following a review
of the aggregate, unblinded dataset, the Data Monitoring Committee of REDWOOD-HCM endorsed the recommendation jointly made by Cytokinetics
and the Steering Committee of REDWOOD-HCM to proceed to Cohort 2 with doses of 10 mg, 20 mg, and 30 mg, once-daily. Screening of
patients for Cohort 2 of REDWOOD-HCM has commenced.
REDWOOD-HCM: Clinical Trial Design
REDWOOD-HCM is a multi-center, randomized, placebo-controlled, double-blind,
dose finding clinical trial of CK-274 in patients with symptomatic obstructive HCM (oHCM). The primary objective of the trial is
to determine the safety and tolerability of CK-274. The secondary objectives are to describe the concentration-response relationship
of CK-274 on the resting and post-Valsalva left ventricular outflow tract gradient as measured by echocardiography during 10 weeks
of treatment, to describe the dose response relationship of CK-274, and to evaluate the plasma concentrations of CK-274 in patients
with oHCM.
The trial will enroll two sequential cohorts, with an option for a third
cohort. Within each cohort, approximately 18 patients will be randomized 2:1 to active or placebo treatment and receive up to three
escalating doses of CK-274 or placebo based on echocardiographic guidance. Patients receive an echocardiogram after two weeks of
treatment at each dose to determine whether they will be up-titrated. Overall, the treatment duration will be 10 weeks with an
echocardiogram to confirm reversibility of effect 2-weeks after the last dose. REDWOOD-HCM is expected to enroll patients in approximately
20 investigative sites in North America and Europe. Additional information can be found on www.clinicaltrials.gov.
About CK-274
CK-274 is a novel, oral, small molecule cardiac myosin inhibitor that
company scientists discovered independent of its collaborations. CK-274 arose from an extensive chemical optimization program conducted
with careful attention to therapeutic index and pharmacokinetic properties that may translate into best-in-class potential in clinical
development. CK-274 was designed to reduce the hypercontractility that is associated with hypertrophic cardiomyopathy (HCM). In
preclinical models, CK-274 reduces myocardial contractility by binding directly to cardiac myosin at a distinct and selective allosteric
binding site, thereby preventing myosin from entering a force producing state. CK-274 reduces the number of active actin-myosin
cross bridges during each cardiac cycle and consequently reduces myocardial contractility. This mechanism of action may be therapeutically
effective in conditions characterized by excessive hypercontractility, such as HCM.
In preclinical models of cardiac function, CK-274 reduced cardiac contractility
in a predictable dose and exposure dependent fashion. In preclinical models of disease, CK-274 reduced compensatory cardiac hypertrophy
and cardiac fibrosis. The preclinical pharmacokinetics of CK-274 were characterized, evaluated and optimized for potential ease-of-use
in the clinical setting.
A Phase 1 study demonstrated that CK-274 was safe and well tolerated
in healthy participants. The pharmacokinetics of CK-274 were generally dose linear, and steady-state appeared evident within 14
days of dosing. Left ventricular ejection fraction decreased in an exposure dependent manner and the PK/PD relationship for CK-274
observed in humans was similar to that observed preclinically when adjusted for differences in protein binding. Specifically, the
shallow exposure-response relationship observed preclinically appears to translate to humans and thereby may enable flexible dose
optimization in humans.
The overall development program will assess the potential of CK-274
to improve exercise capacity and relieve symptoms in patients with hyperdynamic ventricular contraction due to HCM.
About Hypertrophic Cardiomyopathy
Hypertrophic cardiomyopathy (HCM) is the most common inherited cardiovascular
disorder, affecting approximately 1 in 500 individuals worldwide. HCM is a disease in which the heart muscle (myocardium) becomes
abnormally thick (hypertrophied). The thickening of cardiac muscle leads to the inside of the left ventricle becoming smaller and
stiffer, and thus the ventricle becomes less able to relax and fill with blood. This ultimately limits the heart’s pumping
function, resulting in symptoms including chest pain, dizziness, shortness of breath, or fainting during physical activity. A subset
of patients with HCM are at high risk of progressive disease which can lead to atrial fibrillation, stroke and death due to arrhythmias.
There are no current medical treatments that directly address the hypercontractility that underlies HCM.
About Cytokinetics
Cytokinetics is a late-stage biopharmaceutical company focused on discovering,
developing and commercializing first-in-class muscle activators and next-in-class muscle inhibitors as potential treatments for
debilitating diseases in which muscle performance is compromised and/or declining. As a leader in muscle biology and the mechanics
of muscle performance, the company is developing small molecule drug candidates specifically engineered to impact muscle function
and contractility. Cytokinetics is preparing for regulatory interactions for omecamtiv mecarbil, its novel cardiac muscle activator,
following positive results from GALACTIC-HF, a large, international Phase 3 clinical trial in patients with heart failure. Cytokinetics
is conducting METEORIC-HF, a second Phase 3 clinical trial of omecamtiv mecarbil. Cytokinetics is also developing CK-274, a next-
generation cardiac myosin inhibitor, for the potential treatment of hypertrophic cardiomyopathies (HCM). Cytokinetics is conducting
REDWOOD-HCM, a Phase 2 clinical trial of CK-274 in patients with obstructive HCM. Cytokinetics is also developing reldesemtiv,
a fast skeletal muscle troponin activator for the potential treatment of ALS and other neuromuscular indications following conduct
of FORTITUDE-ALS and other Phase 2 clinical trials. The company is considering potential advancement of reldesemtiv to Phase 3
pending ongoing regulatory interactions. Cytokinetics continues its over 20-year history of pioneering innovation in muscle biology
and related pharmacology focused to diseases of muscle dysfunction and conditions of muscle weakness.
For additional information about Cytokinetics, visit www.cytokinetics.com
and follow us on Twitter, LinkedIn, Facebook and YouTube.
Forward-Looking Statements
This press release contains forward-looking statements for purposes
of the Private Securities Litigation Reform Act of 1995 (the “Act”). Cytokinetics disclaims any intent or obligation
to update these forward-looking statements and claims the protection of the Act's Safe Harbor for forward-looking statements. Examples
of such statements include, but are not limited to, statements relating to the timing, design and results of Cytokinetics’
Phase 2 clinical trial of CK-274; the potential benefits of CK-274; the ability to complete enrollment of Cohort 2 of REDWOOD-HCM
in Q1 2021 and the impact of the COVID-19 pandemic on such enrollment (for further information regarding the historical and potential
prospective impact of the COVID-19 pandemic on our business operations and clinical trials, please refer to Cytokinetics’
Form 10-Q for the quarterly period ended September 30, 2020); Cytokinetics’ and its partners’ research and development
activities; the timing of enrollment of patients in Cytokinetics’ and its partners’ clinical trials; the design, timing,
results, significance and utility of preclinical and clinical results; and the properties and potential benefits of Cytokinetics’
drug candidates. Such statements are based on management's current expectations, but actual results may differ materially
due to various risks and uncertainties, including, but not limited to, potential difficulties or delays in the development, testing,
regulatory approvals for trial commencement, progression or product sale or manufacturing, or production of Cytokinetics’
drug candidates that could slow or prevent clinical development or product approval; patient enrollment for or conduct of clinical
trials may be difficult or delayed; Cytokinetics’ drug candidates may have adverse side effects or inadequate therapeutic
efficacy; the FDA or foreign regulatory agencies may delay or limit Cytokinetics’ or its partners’ ability to conduct
clinical trials; Cytokinetics may be unable to obtain or maintain patent or trade secret protection for its intellectual property;
Cytokinetics’ partners decisions with respect to research and development activities; standards of care may change, rendering
Cytokinetics’ drug candidates obsolete; competitive products or alternative therapies may be developed by others for the
treatment of indications Cytokinetics’ drug candidates and potential drug candidates may target; and risks and uncertainties
relating to the timing and receipt of payments from its partners, including milestones and royalties on future potential product
sales under Cytokinetics’ collaboration agreements with such partners. For further information regarding these and other
risks related to Cytokinetics’ business, investors should consult Cytokinetics’ filings with the Securities and Exchange
Commission.
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