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MeiraGTx Announces Positive Data from Randomized, Sham-controlled Clinical Bridging Study of AAV-GAD for the Treatment of Parkinson’s Disease

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MeiraGTx Holdings plc (Nasdaq: MGTX) announced positive top-line data from its clinical bridging study of AAV-GAD for the treatment of Parkinson's disease. The study, MGT-GAD-025, was a 6-month, three-arm, randomized, double-blind, sham-controlled trial. Key findings include:

1. The primary objective of safety and tolerability was met, with no serious adverse events related to AAV-GAD treatment.

2. The high dose group showed a statistically significant 18-point average improvement in UPDRS Part 3 'off' medication score at Week 26 (p=0.03).

3. Both high and low dose groups demonstrated significant improvements in the PDQ-39 quality of life score at Week 26.

4. A dose response was observed in the PDQ-39 score, with 100% of high dose participants reporting improvement.

The company views these results as encouraging for the potential of AAV-GAD as a disease-modifying treatment for Parkinson's disease.

MeiraGTx Holdings plc (Nasdaq: MGTX) ha annunciato dati positivi di alto livello dal suo studio clinico di bridging su AAV-GAD per il trattamento della malattia di Parkinson. Lo studio, MGT-GAD-025, è stato un trial randomizzato, in doppio cieco, controllato con placebo della durata di 6 mesi con tre gruppi. I risultati principali includono:

1. L'obiettivo primario di sicurezza e tollerabilità è stato raggiunto, senza eventi avversi gravi legati al trattamento con AAV-GAD.

2. Il gruppo ad alta dose ha mostrato un miglioramento medio significativo di 18 punti nel punteggio UPDRS Parte 3 'off' medication alla settimana 26 (p=0.03).

3. Entrambi i gruppi ad alta e bassa dose hanno dimostrato miglioramenti significativi nel punteggio di qualità della vita PDQ-39 alla settimana 26.

4. È stata osservata una correlazione dose-risposta nel punteggio PDQ-39, con il 100% dei partecipanti ad alta dose che ha riportato un miglioramento.

La società considera questi risultati come incoraggianti per il potenziale di AAV-GAD come trattamento modificante la malattia per la malattia di Parkinson.

MeiraGTx Holdings plc (Nasdaq: MGTX) anunció datos positivos de alto nivel de su estudio clínico de enlace de AAV-GAD para el tratamiento de la enfermedad de Parkinson. El estudio, MGT-GAD-025, fue un ensayo aleatorizado, a doble ciego y controlado con placebo de 6 meses con tres grupos. Los hallazgos clave incluyen:

1. Se cumplió el objetivo primario de seguridad y tolerabilidad, sin eventos adversos graves relacionados con el tratamiento con AAV-GAD.

2. El grupo de alta dosis mostró una mejora promedio de 18 puntos en la puntuación de medicación 'off' de la Parte 3 de UPDRS a la Semana 26 (p=0.03).

3. Tanto los grupos de alta como de baja dosis demostraron mejoras significativas en la puntuación de calidad de vida PDQ-39 a la Semana 26.

4. Se observó una respuesta dosis-dependiente en la puntuación PDQ-39, con el 100% de los participantes de alta dosis reportando mejora.

La compañía considera estos resultados como alentadores para el potencial de AAV-GAD como tratamiento modificador de la enfermedad para la enfermedad de Parkinson.

MeiraGTx Holdings plc (Nasdaq: MGTX)는 파킨슨병 치료를 위한 AAV-GAD의 임상 전환 연구에서 긍정적인 주요 결과를 발표했습니다. 이 연구 MGT-GAD-025는 6개월 동안 진행된 3개 그룹의 무작위, 이중 맹검, 위약 대조 시험이었습니다. 주요 결과는 다음과 같습니다:

1. 안전성과 내약성의 주요 목표가 달성되었으며, AAV-GAD 치료와 관련된 심각한 부작용은 없었습니다.

2. 고용량 그룹은 26주차에 UPDRS 3부 'off' 약물 점수에서 평균 18점의 통계적으로 유의미한 향상을 보였습니다(p=0.03).

3. 고용량 및 저용량 그룹 모두 26주차에 PDQ-39 삶의 질 점수에서 유의미한 향상을 보여주었습니다.

4. PDQ-39 점수에서 용량 반응이 관찰되었으며, 고용량 참가자의 100%가 향상을 보고했습니다.

회사는 이러한 결과가 AAV-GAD가 파킨슨병에 대한 질병 수정 치료제로서의 잠재력을 나타내는 것으로 긍정적으로 보고 있습니다.

MeiraGTx Holdings plc (Nasdaq: MGTX) a annoncé des données positives globales issues de son étude clinique de liaison sur AAV-GAD pour le traitement de la maladie de Parkinson. L'étude, MGT-GAD-025, était un essai randomisé, en double aveugle et contrôlé par placebo d'une durée de 6 mois avec trois groupes. Les résultats principaux incluent :

1. L'objectif principal de sécurité et de tolérabilité a été atteint, sans événements indésirables graves liés au traitement par AAV-GAD.

2. Le groupe à forte dose a montré une amélioration moyenne significative de 18 points dans le score UPDRS Partie 3 'off' médicament à la semaine 26 (p=0.03).

3. Les groupes à haute et à basse dose ont présenté des améliorations significatives dans le score de qualité de vie PDQ-39 à la semaine 26.

4. Une réponse à la dose a été observée dans le score PDQ-39, avec 100 % des participants à haute dose rapportant une amélioration.

L'entreprise considère ces résultats comme encourageants pour le potentiel de l'AAV-GAD en tant que traitement modificateur de la maladie pour la maladie de Parkinson.

MeiraGTx Holdings plc (Nasdaq: MGTX) hat positive Eckdaten aus seiner klinischen Bridging-Studie zu AAV-GAD zur Behandlung der Parkinson-Krankheit bekannt gegeben. Die Studie, MGT-GAD-025, war eine 6-monatige, randomisierte, doppelblinde, placebo-kontrollierte Studie mit drei Gruppen. Die wichtigsten Ergebnisse sind:

1. Das primäre Ziel der Sicherheit und Verträglichkeit wurde erreicht, ohne ernsthafte unerwünschte Ereignisse im Zusammenhang mit der Behandlung mit AAV-GAD.

2. Die Hochdosisgruppe zeigte eine statistisch signifikante durchschnittliche Verbesserung von 18 Punkten im UPDRS Teil 3 'off'-Medikationsscore in Woche 26 (p=0.03).

3. Sowohl die Hochdosis- als auch die Niedrigdosisgruppen zeigten signifikante Verbesserungen im PDQ-39 Lebensqualitätswert in Woche 26.

4. Es wurde eine Dosis-Wirkungs-Beziehung im PDQ-39-Score beobachtet, wobei 100 % der Teilnehmer in der Hochdosisgruppe eine Verbesserung berichteten.

Das Unternehmen sieht diese Ergebnisse als ermutigend für das Potenzial von AAV-GAD als krankheitsmodifizierende Behandlung der Parkinson-Krankheit an.

Positive
  • AAV-GAD met the primary safety and tolerability objectives with no serious adverse events related to treatment
  • High dose group showed significant 18-point improvement in UPDRS Part 3 'off' medication score at Week 26 (p=0.03)
  • Both high and low dose groups demonstrated significant improvements in PDQ-39 quality of life score
  • 100% of high dose participants reported improvement in PDQ-39 score
  • Results support potential for AAV-GAD as a disease-modifying treatment for Parkinson's disease
Negative
  • None.

Insights

The results from MeiraGTx's clinical bridging study of AAV-GAD for Parkinson's disease are highly promising. The study met its primary safety objective, with no serious adverse events related to treatment. Crucially, it demonstrated significant efficacy:

  • High dose group showed an 18-point improvement in UPDRS Part 3 "off" medication score at 26 weeks (p=0.03)
  • Both high and low dose groups had significant improvements in PDQ-39 quality of life scores
  • High dose: 8% improvement (p=0.02)
  • Low dose: 6% improvement (p=0.04)

These results are particularly impressive given the small sample size (n=14) and short duration (26 weeks). The magnitude of improvement in UPDRS Part 3 (18 points) far exceeds the 5-10 point change considered clinically meaningful. Similarly, the PDQ-39 improvements surpass the 2-4 point threshold for clinical significance.

This data suggests AAV-GAD could be a potential game-changer in Parkinson's treatment, offering a disease-modifying approach applicable to all forms of the disease. The company's ability to manufacture the treatment at commercial scale is also noteworthy, indicating readiness for larger trials and potential commercialization.

This clinical data release is highly positive for MeiraGTx (NASDAQ: MGTX) and could significantly impact its market valuation. Key financial implications include:

  • Increased probability of successful Phase 3 trials and eventual FDA approval
  • Potential for accelerated development timeline given the strong efficacy signals
  • Enhanced partnering or licensing opportunities in the lucrative Parkinson's market
  • Validation of MeiraGTx's proprietary manufacturing capabilities, a critical factor for gene therapy companies

With a current market cap of $355 million, MGTX appears undervalued given the potential of AAV-GAD. The Parkinson's disease market is projected to reach $11.5 billion by 2029 and a disease-modifying treatment could capture a significant share. Investors should watch for increased institutional interest and potential analyst upgrades following this news. However, it's important to note that as a clinical-stage biotech, MGTX still carries substantial risk and will likely require additional capital to fund Phase 3 trials and potential commercialization efforts.

The primary study objective of safety and tolerability was met

Significant and clinically meaningful improvements from baseline demonstrated for key efficacy endpoints at 26 weeks

Significant improvement of 18 points in Unified Parkinson’s Disease Rating Scale (UPDRS) Part 3 in the high dose group at 26 weeks

Significant improvement in the Parkinson’s Disease Questionnaire (PDQ-39) score, a key quality of life measure, for both the high and low dose groups at 26 weeks

LONDON and NEW YORK, Oct. 15, 2024 (GLOBE NEWSWIRE) -- MeiraGTx Holdings plc (Nasdaq: MGTX), a vertically integrated, clinical-stage genetic medicines company, today announced top-line data from its clinical bridging study of AAV-GAD for the treatment of Parkinson’s disease, MGT-GAD-025.

MGT-GAD-025 is a 6-month, three-arm, randomized, double-blind, sham-controlled study using AAV-GAD drug product manufactured by MeiraGTx at its wholly-owned facilities with its commercial platform process. Participants had idiopathic Parkinson's disease, a history of levodopa responsiveness for at least 12 months, and a UPDRS Part 3 score of ≥25 points in the "off" state. Fourteen subjects were randomized to one of three groups (high dose n=5, low dose n=5, and sham n=4).

Subjects received either AAV-GAD infused bilaterally into the subthalamic nucleus or a sham procedure in a blinded fashion. The total dose per treated participant was 7.0×1010 vg (low dose group) or 21×1010 vg (high dose group). The primary objective of the study was to evaluate the safety and tolerability of AAV-GAD, with exploratory efficacy endpoints including the mean change from baseline to Week 26 in MDS-UPDRS Part 3 (motor examination) scores in the “off” state and the Parkinson’s Disease Questionnaire (PDQ-39) score, a key patient-reported quality of life measure in Parkinson’s disease. Subjects who completed this trial may enroll in a long-term follow-up study (NCT05894343), where they will be monitored for a total of five years post-treatment.

Top-line data summary:

  • AAV-GAD was safe and well tolerated, with no serious adverse events (SAEs) related to AAV-GAD treatment.
  • At Week 26, a statistically significant 18-point average improvement from baseline in UPDRS Part 3 “off” medication score was demonstrated in the high dose group (p=0.03), with no significant change in the sham or low dose groups.
  • Significant improvements from baseline in the disease-specific, patient-reported quality of life PDQ-39 score were demonstrated in both the high and low dose groups with no significant change in the sham group at Week 26:
    • In the high dose AAV-GAD group, the PDQ-39 score improved by 8 points from baseline (p=0.02), the low dose group improved by 6 points from baseline (p=0.04), while the 0.2 point worsening in the sham surgery group was not statistically significant.
    • A dose response in PDQ-39 score was observed, with 100% of participants in the high dose group, 60% of participants in the low dose group, and 25% of participants in the sham surgery group reporting an improvement.
    • For the PDQ-39 score, there was a trend to significance between the high dose and sham surgery groups at 6 months (n=4 evaluable per group).

Dr. Ali Rezai, M.D., executive chair of the Rockefeller Neuroscience Institute at West Virginia University (WVU), past president of the Congress of Neurological Surgeons, and principal investigator of the AAV-GAD study, stated, “These safety and outcome results are excellent. The extent of motor score improvements in patients who received the high dose treatment combined with significant quality of life improvement measures are very encouraging for both patients and physicians.”

“We are excited about these impressive clinical data in Parkinson’s disease,” said Alexandria Forbes, Ph.D., president and chief executive officer of MeiraGTx. “With material made using our proprietary production process at commercial scale, we have demonstrated that AAV-GAD is safe at all doses studied, including a higher dose than previously tested. We have now treated a total of 58 patients in this development program in 3 independent multicenter clinical studies and have seen no SAEs related to AAV-GAD treatment.”

Dr. Forbes continued, “With the completion of this randomized, double-blinded bridging study, we have also demonstrated with even very small numbers of subjects that AAV-GAD treatment results in significant and clinically meaningful changes in key efficacy endpoints in Parkinson’s disease. For the UPDRS Part 3 in the “off” state, a change of 5 to 10 points is considered clinically meaningful. The 18-point change observed in the high dose arm in this study underscores the very substantial impact of AAV-GAD treatment in these Parkinson’s patients. Similarly, for the PDQ-39, where a 2 to 4-point change is considered clinically meaningful, the 8-point and 6-point changes observed in the high and low dose groups, respectively, again indicate a substantial and clinically meaningful impact of AAV-GAD treatment.”

“These data demonstrate the impact of using highly targeted local delivery of gene-based therapy to correct the aberrant circuitry that results from the depletion of dopamine in the brain of idiopathic Parkinson’s patients as the disease progresses. AAV-GAD treatment is designed to normalize circuit function in all forms of Parkinson’s disease with its potential benefit not limited to any single type of Parkinson’s. The significant, substantial, and clinically meaningful changes observed in this small, sham-controlled study provide us with a clear path forward in our clinical development strategy and underpin our discussions with regulators in the US, Europe, and Japan with the goal of initiating a Phase 3 study to support approval of this disease-modifying treatment globally.”

About AAV-GAD

Parkinson’s disease (PD) is the second most common neurodegenerative disease after Alzheimer’s, with nearly one million people in the U.S. currently living with Parkinson’s disease and approximately 90,000 new patients diagnosed annually in the U.S. There are more than 10 million people worldwide currently living with PD. Most individuals with PD initially respond to dopamine replacement therapy, yet for a large percentage of patients, over time, this type of treatment is no longer sufficiently helpful while adverse effects of medication can also occur, leading to a considerable reduction in quality of life and the ability to function effectively. The cause of Parkinson’s disease is unknown for a majority of patients, while a much smaller percentage have a known genetic cause, but in all cases, there is dysfunction of the key circuits that control movement. AAV-GAD is an investigational gene therapy designed to reprogram these dysfunctional brain circuits through the local production of GABA, a chemical neurotransmitter that can help restore more normal activity to these critical cells in any form of PD. AAV-GAD is delivered via a one-time infusion through a minimally invasive procedure, using a MeiraGTx proprietary device that allows infusion of the equivalent of one drop of gene therapy solution into the subthalamic nucleus, a key regulator of the circuits responsible for normal movement.

About MeiraGTx

MeiraGTx (Nasdaq: MGTX) is a vertically integrated, clinical-stage genetic medicines company with a broad pipeline of late-stage clinical programs supported by end-to-end manufacturing capabilities. MeiraGTx has internal plasmid production for GMP, two GMP viral vector production facilities as well as an in-house Quality Control hub for stability and release, all fit for IND through commercial supply. In addition, MeiraGTx has developed a proprietary manufacturing platform with leading yield and quality aspects and commercial readiness, MeiraGTx has core capabilities in viral vector design and optimization and a transformative riboswitch gene regulation platform technology that allows for the precise, dose-responsive control of gene expression by oral small molecules. MeiraGTx is focusing the riboswitch platform on the delivery of metabolic peptides, including GLP-1, GIP, Glucagon, and PYY, using oral small molecules, as well as cell therapy for oncology and autoimmune diseases. MeiraGTx has developed the technology to apply genetic medicine to more common diseases, increasing efficacy, addressing novel targets, and expanding access in some of the largest disease areas where the unmet need remains high.

For more information, please visit www.meiragtx.com

Forward Looking Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding the development and efficacy of AAV-GAD, plans to advance AAV-GAD into Phase 3 clinical trial and anticipated milestones regarding our clinical data, reporting of such data and the timing of results of data and regulatory matters, as well as statements that include the words “expect,” “will,” “intend,” “plan,” “believe,” “project,” “forecast,” “estimate,” “may,” “could,” “should,” “would,” “continue,” “anticipate” and similar statements of a future or forward-looking nature. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, our incurrence of significant losses; any inability to achieve or maintain profitability, raise additional capital, repay our debt obligations, identify additional and develop existing product candidates, successfully execute strategic transactions or priorities, bring product candidates to market, expansion of our manufacturing facilities and processes, successfully enroll patients in and complete clinical trials, accurately predict growth assumptions, recognize benefits of any orphan drug designations, retain key personnel or attract qualified employees, or incur expected levels of operating expenses; the impact of pandemics, epidemics, or outbreaks of infectious diseases on the status, enrollment, timing and results of our clinical trials and on our business, results of operations and financial condition; failure of early data to predict eventual outcomes; failure to obtain FDA or other regulatory approval for product candidates within expected time frames or at all; the novel nature and impact of negative public opinion of gene therapy; failure to comply with ongoing regulatory obligations; contamination or shortage of raw materials or other manufacturing issues; changes in healthcare laws; risks associated with our international operations; significant competition in the pharmaceutical and biotechnology industries; dependence on third parties; risks related to intellectual property; changes in tax policy or treatment; our ability to utilize our loss and tax credit carryforwards; litigation risks; and the other important factors discussed under the caption “Risk Factors” in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2024, as such factors may be updated from time to time in our other filings with the SEC, which are accessible on the SEC’s website at www.sec.gov. These and other important factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, unless required by law, we disclaim any obligation to do so, even if subsequent events cause our views to change. Thus, one should not assume that our silence over time means that actual events are bearing out as expressed or implied in such forward-looking statements. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release.

Contacts

Investors:
MeiraGTx
Investors@meiragtx.com

or

Media:
Jason Braco, Ph.D.
LifeSci Communications
jbraco@lifescicomms.com


FAQ

What were the key findings of MeiraGTx's AAV-GAD clinical bridging study for Parkinson's disease?

The study met its primary safety objective, showed significant 18-point improvement in UPDRS Part 3 score for the high dose group, and demonstrated significant improvements in PDQ-39 quality of life scores for both high and low dose groups at 26 weeks.

How many patients were involved in MeiraGTx's AAV-GAD clinical bridging study (MGT-GAD-025)?

The study involved 14 subjects randomized into three groups: high dose (n=5), low dose (n=5), and sham (n=4).

What was the dosage of AAV-GAD used in MeiraGTx's Parkinson's disease study?

The total dose per treated participant was 7.0×10^10 vg for the low dose group and 21×10^10 vg for the high dose group.

Did MeiraGTx's AAV-GAD treatment show any serious adverse events in the Parkinson's disease study?

No, the study reported that AAV-GAD was safe and well-tolerated, with no serious adverse events (SAEs) related to AAV-GAD treatment.

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