Basilea's oncology drug candidate BAL101553 shows first evidence of antitumor activity in phase 1 study

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| Source: Basilea Pharmaceutica Ltd.
  • Results of recently completed clinical phase 1 study presented at ASCO

BASEL, Switzerland, June 2, 2014 (GLOBE NEWSWIRE) -- Basilea Pharmaceutica Ltd. (SIX: BSLN) reports that phase 1 study results of its investigational oncology drug, BAL101553, were presented at the American Society of Clinical Oncology (ASCO) annual meeting in Chicago, U.S.A. The maximum tolerated dose (MTD) was determined and the results indicated first evidence of clinical antitumor activity.

BAL101553 is an intravenous and oral microtubule-targeting agent (MTA). Previous preclinical studies demonstrated that the investigational drug has potent anti-cancer activity in tumor models refractory to conventional MTAs. It was shown to arrest tumor cell proliferation and to induce tumor cell death through a destabilizing effect on microtubules which are an intracellular network essential for cell division. In addition, tumor-specific vascular disruption activity was observed in preclinical cancer models.

The currently reported phase 1 open-label, dose-escalation study included adult patients with advanced solid tumors who had failed standard therapy. The study investigated safety and tolerability of intravenous BAL101553 and evaluated pharmacokinetics, pharmacodynamics and antitumor activity.

In total, 24 patients received BAL101553 as a two-hour intravenous infusion of up to 80 mg/m2 on day 1, 8 and 15 of a 28-day treatment cycle. BAL101553 was well tolerated up to 60 mg/m2. Drug-related events included injection site reactions, nausea, vomiting, diarrhea, peripheral neuropathy (all mild or moderate), and well-manageable, transient hypertension. Gait disturbance together with peripheral sensory neuropathy were dose-limiting events.

One patient demonstrated a confirmed partial response lasting more than two years, and five patients showed stable disease, lasting more than four months in two patients. Comparison of post to pre-treatment tumor biopsies demonstrated a pronounced reduction of tumor cell proliferation and tumor vascularization.

Prof. Achim Kaufhold, Basilea's Chief Medical Officer, stated: "The clinical evidence of antitumor activity observed in phase 1 is encouraging and highlights the potential of our novel microtubule-targeting oncology drug candidate. BAL101553 has a distinct effect on microtubules and demonstrated potent activity across numerous drug-refractory tumor models. We will now proceed into phase 2a development for the further investigation of selected solid tumor types. We will continue to assess stratification biomarkers to identify patients most likely to respond to treatment with BAL101553."

BAL101553 poster at ASCO 2014 Phase 1/2a trial of the novel microtubule inhibitor BAL101553 in advanced solid tumors: Phase 1 completed - L. R. Molife, G. Imseeh, M. Capelan, F. El-Khouly, N. Cresti, A. D. Smith, D. Averion, N. Md. Haris, S. J. Stimpson, T. Gumbleton, H. A. Lane, F. Bachmann, A. Schmitt-Hoffmann, A. Tzankov, A. L. Hannah, S. Anderson, U. Bethe, A. H. Calvert, R. Plummer, R. S. Kristeleit; Abstract 2562

For further information please visit http://am.asco.org.

About BAL101553

BAL101553 is a novel intravenous small-molecule anti-cancer drug candidate with the potential for oral administration. The agent directly attacks tumor cells by destabilizing microtubules that form an intracellular network essential for cell division.[1] In addition, it disrupts tumor blood vessels.[1],[2] The investigational drug has shown broad in-vitro anti-proliferative activity in a panel of tumor models, including many that are, as a result of diverse resistance mechanisms, not responsive to standard microtubule-targeting agents, such as taxanes or vinca-alkaloids.[3] BAL101553 is a highly soluble prodrug of Basilea's BAL27862. The injectable dosage form is formulated without potentially harmful solubilizers. In addition, the prodrug is orally bioavailable.[1]

About Basilea

Basilea Pharmaceutica Ltd. is headquartered in Basel, Switzerland and listed on the SIX Swiss Exchange (SIX: BSLN). Through the fully integrated research and development operations of its Swiss subsidiary Basilea Pharmaceutica International Ltd., the company focuses on innovative pharmaceutical products in the therapeutic areas of bacterial infections, fungal infections and oncology, targeting the medical challenge of rising resistance and non-response to current treatment options.

Disclaimer

This communication expressly or implicitly contains certain forward-looking statements concerning Basilea Pharmaceutica Ltd. and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of Basilea Pharmaceutica Ltd. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Basilea Pharmaceutica Ltd. is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

For further information, please contact:

Media Relations Investor Relations
Peer Nils Schröder, PhD
Head Public Relations &
Corporate Communications
+41 61 606 1102
media_relations@basilea.com
Barbara Zink, PhD, MBA
Head Corporate Development
  
+41 61 606 1233
investor_relations@basilea.com

This press release can be downloaded from www.basilea.com.

References

[1] J. Pohlmann, F. Bachmann, A. Schmitt-Hoffmann, G. Biringer, K. Burger, C. Bucher, C. Schlaefle, J. Spickermann, R. Defoin, M. Pruschy, H. Lane. BAL101553: A highly soluble prodrug of the potent microtubule destabilizer BAL27862. American Association of Cancer Research (AACR) Annual Meeting 2010, Abstract No. 4419

[2] F. Bachmann, H. A. Lane. Dual mechanism of action of the novel microtubule-targeting drug BAL27862 (active moiety of the prodrug BAL101553): targeting tumor and vascular cells. 24th Symposium on Molecular Targets and Cancer Therapeutics (EORTC-NCI-AACR) 2012, Abstract No. 421

[3] F. Bachmann, K. Burger, G. E. Duran, B. I. Sikic, H. A. Lane. BAL101553 (prodrug of BAL27862): A unique microtubule destabilizer active against drug refractory breast cancers alone and in combination with trastuzumab. American Association of Cancer Research (AACR) Annual Meeting 2014, Abstract No. 831

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