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PMV Pharmaceuticals PYNNACLE Phase I Data of Rezatapopt in Advanced Ovarian Cancer Featured in Late-Breaking Oral Presentation at 2024 SGO Annual Meeting on Women’s Cancer

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PMV Pharmaceuticals reports promising Phase 1 analysis results of rezatapopt in advanced ovarian cancer patients with TP53 Y220C mutation at 2024 SGO Annual Meeting. Seven out of 15 patients achieved a confirmed partial response with a seven-month median duration of response.
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The data indicating a partial response in nearly half of the efficacy evaluable population presents a significant stride in the treatment landscape for advanced ovarian cancer, which often sees low response rates due to the disease's aggressiveness and the development of resistance to conventional therapies. The seven-month median duration of response is a notable outcome, considering the heavily pre-treated nature of the patient cohort. It suggests that rezatapopt could potentially offer a meaningful extension of disease control for patients who have exhausted other treatment options.

The focus on a specific mutation, TP53 Y220C, exemplifies the shift towards personalized medicine in oncology. This precision approach could lead to better patient outcomes and more efficient use of healthcare resources by targeting therapies to those most likely to benefit. However, it's important to consider the scalability of such treatments, as the mutation-specific approach requires comprehensive genetic testing and may limit the eligible patient population.

The favorable safety profile of rezatapopt is a important aspect of this study, particularly in a heavily pre-treated population where the tolerance for adverse effects is often reduced. The predominance of low-grade treatment-related adverse events is encouraging and could contribute to higher patient compliance and quality of life during treatment. However, the long-term safety data will be critical to fully understand the risk-benefit ratio of the therapy.

Moreover, the inclusion of patients who are homologous recombination deficiency positive and those with a BRCA2 mutation suggests that rezatapopt might be effective across various genetic backgrounds within the TP53 Y220C mutation subset. This could have implications for future combination strategies, potentially with PARP inhibitors or other targeted agents, to further enhance efficacy in these difficult-to-treat populations.

From a market perspective, the progress of rezatapopt through clinical trials is a positive signal for investors in PMV Pharmaceuticals, indicating potential future revenue streams from a new oncology product. The specificity of the drug for TP53 Y220C and KRAS wild-type tumors positions the company in the niche but growing field of precision oncology. As the Phase 2 trial is registrational, a successful outcome could expedite the path to market approval and commercialization.

However, the commercial success will depend on the prevalence of the TP53 Y220C mutation in the wider cancer population and the ability of healthcare systems to identify and refer appropriate patients. It will also be influenced by the competitive landscape of ovarian cancer treatments, reimbursement policies and the eventual pricing strategy adopted by PMV Pharmaceuticals.

  • Phase 1 analysis from the PYNNACLE Phase 1/2 study showed promising efficacy of rezatapopt (PC14586) in heavily pre-treated patients with advanced ovarian cancer harboring a TP53 Y220C mutation featured in a late-breaking oral presentation at 2024 SGO Annual Meeting

  • Of the 15 patients in the efficacy evaluable population, seven patients achieved a confirmed partial response with a seven-month median duration of response and a favorable safety profile

  • Rezatapopt is a first-in-class precision oncology investigational therapy in patients with advanced solid tumors with a TP53 Y220C mutation and KRAS wild-type which is being evaluated in a registrational Phase 2 study

PRINCETON, N.J., March 18, 2024 (GLOBE NEWSWIRE) -- PMV Pharmaceuticals, Inc. (Nasdaq: PMVP), a precision oncology company pioneering the discovery and development of small molecule, tumor-agnostic therapies targeting p53, today announced that a Phase 1 analysis reported promising anti-tumor activity of rezatapopt (PC14586) in heavily pre-treated patients with advanced ovarian cancer harboring a TP53 Y220C mutation. Rezatapopt is a first-in-class precision oncology small molecule investigational therapy that selectively targets the TP53 Y220C mutation in solid tumors.

These data were featured today in a late-breaking oral presentation at the 2024 Society for Gynecologic Oncology (SGO) Annual Meeting on Women’s Cancer being held March 16-18, 2024 in San Diego, CA. The presentation entitled, “Phase 1 Analysis from the PYNNACLE Phase 1/2 Study PC14586 in the Subgroup of Patients with Advanced Ovarian Cancer Harboring a TP53 Y220C Mutation,” was delivered by Alison M. Schram, M.D., Medical Oncologist, Memorial Sloan Kettering Cancer Center.

“In this Phase 1 study, we observed promising efficacy of rezatapopt in heavily pre-treated patients with advanced ovarian cancer harboring a TP53 Y220C mutation. In addition, rezatapopt showed a favorable safety profile,” said Dr. Schram. “These data are encouraging given the significant unmet medical need for patients with advanced solid tumors, particularly in patients with ovarian cancer who are platinum resistant. Further study of rezatapopt as monotherapy in ovarian cancer is warranted.”

Deepika Jalota, Pharm.D., Chief Development Officer of PMV Pharma added, “These Phase 1 PYNNACLE data presented at the SGO meeting showed that rezatapopt, a first-in-class precision oncology investigational therapy, continues to demonstrate clinical benefit in a patient population of high unmet need. Our registrational, tumor-agnostic PYNNACLE Phase 2 trial, which includes an ovarian cancer cohort, remains on track to initiate in the first quarter of this year. The trial will assess rezatapopt as monotherapy at the recommended Phase 2 dose of 2000 mg daily in patients with TP53 Y220C and KRAS wild-type advanced solid tumors.”

Results of Phase 1 Analysis of PYNNACLE in Advanced Ovarian Cancer

Phase 1 data from the PYNNACLE trial (NCT04585750) demonstrated that rezatapopt has a favorable safety profile and induced responses in heavily pre-treated patients across multiple tumor types. This subgroup analysis investigated the efficacy of rezatapopt in patients with advanced ovarian cancer treated across the efficacious dose range (1150 mg daily to 1500 mg twice daily).

Patient Characteristics

  • As of September 5, 2023, the median age of patients with ovarian cancer (N=22) was 66 years (range 49 – 81 years)
  • At baseline, 20 patients had high-grade serous ovarian cancer and two had endometrioid cancer
    • Nineteen patients were platinum resistant and one was platinum refractory
    • Two patients had a BRCA2 mutation
    • Six patients were homologous recombination deficiency positive
    • All patients were KRAS wild-type
    • Median number of prior lines of systemic therapy was four (range 1 – 9)

Efficacy

The efficacy evaluable population consisted of 15 patients with measurable disease at baseline and ≥1 post-baseline tumor assessment.

  • Seven patients achieved a confirmed partial response (PR), seven had stable disease (SD), and one had progressive disease
  • Median duration of response was seven months
  • Of the 15 patients with measurable serum CA-125 at baseline, six had a CA-125 response. Among these, five patients achieved radiographic PR and one had SD

Safety

In the overall population of 67 patients assessed in the efficacious dose range (≥1150mg daily), including this subset of patients with ovarian cancer, treatment-related adverse events (TRAEs) were mostly grade 1 and 2.

  • Most frequent TRAEs were nausea (51%), vomiting (43%), and increased blood creatinine (27%)
  • Frequency and severity of TRAEs were similar in the ovarian cancer population compared with the overall population
  • Rezatapopt administration with food led to an improvement in nausea and vomiting

About Rezatapopt

Rezatapopt (PC14586) is a first-in-class, small molecule, p53 reactivator designed to selectively bind to the pocket in the p53 Y220C mutant protein, restoring the wild-type, or normal, p53 protein structure and tumor-suppressing function. The U.S. Food and Drug Administration (FDA) granted Fast Track designation to rezatapopt for the treatment of patients with locally advanced or metastatic solid tumors with a p53 Y220C mutation.

About the PYNNACLE Clinical Trial

The ongoing Phase 1/2 PYNNACLE study is evaluating rezatapopt in patients with advanced solid tumors harboring a TP53 Y220C mutation. The primary objective of the Phase 1 portion of the trial was to determine the maximum tolerated dose and recommended Phase 2 dose (RP2D) of rezatapopt when administered orally to patients. Safety, tolerability, pharmacokinetics and effects on biomarkers will also be assessed. Phase 2 will be an expansion study with the primary objective of evaluating the efficacy of rezatapopt at the RP2D in patients with TP53 Y220C advanced solid tumors. For more information about the Phase 1/2 PYNNACLE clinical trial, refer to www.clinicaltrials.gov (NCT study identifier NCT04585750).

About PMV Pharma

PMV Pharma is a precision oncology company pioneering the discovery and development of small molecule, tumor-agnostic therapies targeting p53. p53 mutations are found in approximately half of all cancers. Our co-founder, Dr. Arnold Levine, established the field of p53 biology when he discovered the p53 protein in 1979. Bringing together leaders in the field to utilize over four decades of p53 biology, PMV Pharma combines unique biological understanding with a pharmaceutical development focus. PMV Pharma is headquartered in Princeton, New Jersey. For more information, please visit www.pmvpharma.com.

Forward-Looking Statements

Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Such statements include, but are not limited to, statements regarding the Company’s future plans or expectations for rezatapopt, including our ability to obtain approval on a tumor-agnostic basis, ongoing safety and response rate of participants in our clinical trials and expectations regarding timing and success of the Phase 2 portion of its current clinical trial for rezatapopt, including rezatapopt’s potential efficacy and safety profile in ovarian cancer patients. Any forward-looking statements in this statement are based on management’s current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. Risks that contribute to the uncertain nature of the forward-looking statements include: the success, cost, and timing of the Company’s product candidate development activities and planned clinical trials, the Company’s ability to execute on its strategy and operate as a clinical stage company, the potential for clinical trials of rezatapopt or any future clinical trials of other product candidates to differ from preclinical, preliminary, interim or expected results, the Company’s ability to fund operations, and the impact that any current or future global pandemic or geopolitical emergency may have on the Company’s clinical trials, supply chain, and operations, as well as those risks and uncertainties set forth in the section entitled “Risk Factors” in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on February 29, 2024, and its other filings filed with the SEC. All forward-looking statements contained in this press release speak only as of the date on which they were made. The Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

Investors Contact:
Tim Smith
Senior Vice President, Head of Corporate Development and Investor Relations
investors@pmvpharma.com

Media Contact:
Kathy Vincent
Greig Communications
kathy@greigcommunications.com


FAQ

What were the key findings of the Phase 1 analysis of rezatapopt in advanced ovarian cancer patients?

The Phase 1 analysis showed promising efficacy of rezatapopt in heavily pre-treated patients with advanced ovarian cancer harboring a TP53 Y220C mutation. Seven out of 15 patients achieved a confirmed partial response with a seven-month median duration of response.

What is rezatapopt and what makes it unique as an investigational therapy?

Rezatapopt is a first-in-class precision oncology investigational therapy that selectively targets the TP53 Y220C mutation in solid tumors. It is being evaluated in patients with advanced solid tumors with a TP53 Y220C mutation and KRAS wild-type.

What did the Phase 1 data from the PYNNACLE trial demonstrate regarding rezatapopt?

The Phase 1 data from the PYNNACLE trial showed that rezatapopt has a favorable safety profile and induced responses in heavily pre-treated patients across multiple tumor types.

What were the key patient characteristics in the Phase 1 analysis of rezatapopt in advanced ovarian cancer patients?

As of September 5, 2023, the median age of patients with ovarian cancer was 66 years. Most patients had high-grade serous ovarian cancer, were platinum resistant, and had received a median of four prior lines of systemic therapy.

What were the safety findings related to rezatapopt administration in patients with ovarian cancer?

In the ovarian cancer population, treatment-related adverse events (TRAEs) were mostly grade 1 and 2, with the most frequent TRAEs being nausea, vomiting, and increased blood creatinine. Administration with food improved nausea and vomiting.

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About PMVP

pmv pharmaceuticals, inc., a precision oncology company, discovery and development of small molecule, tumor-agnostic therapies for p53 mutations in cancer. its lead product candidate is pc14586, a small molecule that corrects and restores p53 function. the company also develops product candidates for p53 r273h hotspot mutation and other p53 hotspot mutations. pmv pharmaceuticals, inc. was formerly known as pj pharmaceuticals, inc. and changed to in july 2013. the company was founded in 2013 and is headquartered in cranbury, new jersey.