LakeShore Biopharma Initiates Biologics License Application of PIKA Rabies Vaccine to the Drug Regulatory Authority of Pakistan
November 07 2024 - 7:00AM
LakeShore Biopharma Co., Ltd (Nasdaq: LSB) (“LakeShore Biopharma”
or the “Company”), a global leader in the discovery, development,
manufacturing, and delivery of next-generation vaccines and
therapeutic biologics for infectious diseases and cancer, today
announced the initiation of its Biologics License Application (BLA)
submission to the Drug Regulatory Authority of Pakistan (DRAP) for
the conditional approval of its PIKA rabies vaccine for
post-exposure prophylaxis. This submission is based on the results
that met the primary endpoints of the vaccine’s global pivotal
trial and demonstrated the vaccine’s potential to achieve
accelerated protection and meet the WHO’s goal of a one-week rabies
vaccine regimen to replace the conventional three- or four-week
regimens.
Rabies has an almost 100% fatality rate once clinical symptoms
appear, leading to approximately 59,000 deaths annually in over 150
countries. More than 95% of rabies fatalities result from bites by
infected dogs, with 40% of victims being children under 15. While
rabies is typically fatal without treatment, timely post-exposure
prophylaxis can effectively prevent death.
Pakistan ranks among the top five countries in the world for
human rabies prevalence, with over 1.5 million reported dog bites
and an estimated 2,000–5,000 human deaths annually. The true impact
is likely underestimated due to underreporting. Rabies vaccines
remain costly and are often inaccessible in public health sectors.
LakeShore Biopharma’s PIKA rabies vaccine could play a pivotal role
in addressing this urgently unmet medical need.
The PIKA Rabies Vaccine, which utilizes LakeShore Biopharma’s
proprietary PIKA adjuvant technology based on Toll-like receptor 3
immunological pathway, is designed to produce a more robust immune
response in an accelerated timespan compared to existing rabies
vaccines. It was granted orphan drug designation by the US
FDA for prevention of rabies virus infection including
post-exposure prophylaxis (PEP) for rabies.
The pivotal registration Phase 3 Trial was a randomized,
comparator-controlled, double-blind, multicenter trial which
includes 4,500 participants from the
Philippines and Pakistan. It is designed to assess the
immunogenicity, safety, and lot-to-lot consistency of three lots of
the PIKA Rabies Vaccine in healthy adults using a 7-day vaccine
schedule, versus a globally marketed comparator following the
standard 28-day regimen. The primary immunogenicity endpoints
of the study were geometric mean titers (GMTs) of rabies virus
neutralizing antibodies (RVNA) and RVNA seroconversion rate at Day
14 in the first 900 participants. This accelerated and higher
seroconversion rate came at no cost to safety, with the safety
profile of the PIKA Rabies Vaccine remaining highly tolerable.
Dr. Zenaida Mojares, Chief Medical Officer of LakeShore
Biopharma, commented, “Our existing rabies vaccine, YSJA, has
protected tens of millions of patients in China from this deadly
disease. We are committed to advancing next-generation PIKA
adjuvanted rabies vaccines to enhance patient protection. The
promising results from our pivotal trial validate the potential of
PIKA technology to generate a stronger and faster immune response.
We remain committed to working closely with drug regulatory
agencies in various countries regarding the product registration
and marketing application. We eagerly anticipate the early approval
of this innovative therapy for the benefit of patients
worldwide.”
About LakeShore Biopharma
LakeShore Biopharma, previously known as YS Biopharma, is a
global biopharmaceutical company dedicated to discovering,
developing, manufacturing, and delivering new generations of
vaccines and therapeutic biologics for infectious diseases and
cancer. It has developed a proprietary PIKA® immunomodulating
technology platform and a new generation of preventive and
therapeutic biologics targeting Rabies, Coronavirus, Hepatitis B,
Influenza, Shingles, and other virus infections. The Company
operates in China, the United States, Singapore, and the
Philippines, and is led by a management team that combines rich
local expertise and global experience in the biopharmaceutical
industry. For more information, please visit
investor.lakeshorebio.com.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933, as
amended, Section 21E of the Securities Exchange Act of 1934, as
amended, and the Private Securities Litigation Reform Act of 1995.
All statements other than statements of historical or current fact
included in this press release are forward-looking statements,
including but not limited to statements regarding the expected
growth of LakeShore Biopharma, the development progress of all
product candidates, the progress and results of all clinical
trials, LakeShore Biopharma's ability to source and retain talent,
and the cash position of LakeShore Biopharma. Forward-looking
statements may be identified by the use of words such as
“estimate,” “plan,” “project,” “potential,” “forecast,” “intend,”
“will,” “expect,” “anticipate,” “believe,” “goal,” “seek,” “target”
or other similar expressions that predict or indicate future events
or trends or that are not statements of historical matters. These
statements are based on various assumptions, whether identified in
this press release, and on the current expectations of LakeShore
Biopharma's management and are not predictions of actual
performance.
LakeShore Biopharma cannot assure you the forward-looking
statements in this press release will be accurate. These
forward-looking statements are subject to a number of risks and
uncertainties, including those included under the heading “Risk
Factors” in the Company's Annual Report on Form 20-F filed with the
Securities and Exchange Commission (the “SEC”), and other risks
described in documents subsequently filed or furnished by the
Company from time to time with the SEC. There may be additional
risks that LakeShore Biopharma does not presently know or that
LakeShore Biopharma currently believes are immaterial that could
also cause actual results to differ from those contained in the
forward-looking statements. In light of the significant
uncertainties in these forward-looking statements, nothing in this
press release should be regarded as a representation by any person
that the forward-looking statements set forth herein will be
achieved or that any of the contemplated results of such
forward-looking statements will be achieved. The forward-looking
statements in this press release represent the views of LakeShore
Biopharma as of the date of this press release. Subsequent events
and developments may cause those views to change. However, while
LakeShore Biopharma may update these forward-looking statements in
the future, there is no current intention to do so, except to the
extent required by applicable law. You should, therefore, not rely
on these forward-looking statements as representing the views of
LakeShore Biopharma as of any date subsequent to the date of this
press release. Except as may be required by law, LakeShore
Biopharma does not undertake any duty to update these
forward-looking statements.
Investor Relations ContactYiyang Wang,
Ph.D.LakeShore Biopharma Co., Ltd.Tel: +8618202433385Email:
ir@lakeshorebio.com
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