STOCK TITAN

Ultragenyx Announces Positive Interim Phase 1/2 Data in Patients with Angelman Syndrome After Treatment with GTX-102

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Rhea-AI Summary
Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE) announces positive interim Phase 1/2 data for GTX-102 in Angelman Syndrome patients, showing rapid and significant improvement across multiple domains. Expansion Cohorts exhibit consistent or better results than Dose-escalation Cohorts, with long-term benefits observed. Investor call scheduled at 8:00 a.m. ET.
Positive
  • Positive interim Phase 1/2 data for GTX-102 in Angelman Syndrome patients
  • Rapid and clinically meaningful improvement across multiple domains
  • Expansion Cohorts show consistent or exceeding results compared to Dose-escalation Cohorts
  • Long-term clinical benefits observed in Dose-escalation Cohorts
  • Investor call scheduled for further discussion
Negative
  • None.

The positive interim Phase 1/2 data from Ultragenyx regarding GTX-102 presents potentially transformative implications for Angelman syndrome, a condition currently without any approved disease-modifying treatments. This advancement signifies a breakthrough within the domain of rare genetic disorders, especially considering the rapid and clinically meaningful improvements reported across multiple facets of patient well-being at various intervals post-administration.

In assessing these findings, investors and stakeholders should be aware of the intricacies inherent in the biopharmaceutical sector. Specifically, the clinical significance as articulated through measures such as the Bayley-4 and Angelman Severity Assessment (ASA) are indicative of GTX-102's potential efficacy. The reported p-values suggest a statistically significant improvement over natural history data, which can be influential in subsequent trial phases and discussions with regulatory bodies.

However, caution is warranted as these are interim results; the long-term efficacy and safety profile of GTX-102 will need to continue to be closely monitored. Investors should also consider the costs associated with transitioning from clinical trials to market, as well as potential market size and competition within the rare disease treatment space.

From a financial perspective, Ultragenyx's announcement could catalyze investor interest due to the high unmet medical need and potential pricing power associated with orphan drugs like GTX-102. Angelman syndrome's rarity affords certain market exclusivities that could be financially advantageous for Ultragenyx, especially if the treatment gains FDA approval. The indication of sustained clinical benefits reaching beyond traditional natural history comparators reinforces the asset's value proposition, potentially leading to strong revenue streams in a market devoid of direct competitors.

However, this optimistic outlook must be balanced against the cost of ongoing R&D, possible regulatory hurdles and the execution risks involved in manufacturing and commercializing a treatment for a rare condition. The financial impact will also hinge on coverage decisions by insurers and the ability to secure favorable reimbursement rates. As the therapy approaches commercial stages, operational efficiency and market access strategies will become increasingly critical for Ultragenyx's financial success.

Intellectual property (IP) rights, regulatory compliance and potential exclusivity periods are pivotal factors impacting Ultragenyx's strategic positioning with GTX-102. The biotech legal landscape is complex, involving stringent regulatory pathways for approval and market protection mechanisms such as Orphan Drug Designation, which can provide benefits like tax credits, user fee waivers and market exclusivity upon approval.

In addition, the legal ramifications of clinical trial outcomes on patent positioning should not be overlooked. Positive data can strengthen the company's IP portfolio, but it may also attract legal scrutiny or challenge from competitors. As such, Ultragenyx must navigate the legal framework adeptly to maintain its competitive edge and to capitalize on GTX-102's potential to open new therapeutic avenues for Angelman syndrome and potentially other indications.

Expansion Cohorts showed rapid, clinically meaningful improvement across multiple domains; improvements consistent or exceeding Dose-escalation Cohorts data at Day 170

Additional long-term data in Dose-escalation Cohorts showed increasing and sustained clinical benefit through Day 758

Company will host investor call at 8:00 a.m. ET

NOVATO, Calif., April 15, 2024 (GLOBE NEWSWIRE) -- Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE) today announced new data from the Phase 1/2 study of GTX-102 for the treatment of Angelman syndrome. Patients in Expansion Cohorts A & B treated with a set dose and regimen of GTX-102 showed rapid and clinically meaningful improvement across multiple domains consistent with or exceeding Dose-escalation Cohorts 4-7 data at Day 170. Treatment of the Dose-escalation Cohorts 4-7 showed long-term increasing and sustained clinical benefit far exceeding Natural History data at Day 758. These data will be discussed in more detail in a corporate presentation being hosted by the company today at 8:00 a.m. ET and will also be presented by Kemi Olugemo, M.D., FAAN at the 76th Annual American Academy of Neurology Meeting (AAN) in Denver on Tuesday, April 16.

“There is currently no approved disease modifying treatment for Angelman syndrome, which results in profound impairment in individuals living with this disease,” said Erick Sell, M.D., director of the Angelman clinic at the Children’s Hospital of Eastern Ontario, and a principal investigator on the Phase 1/2 study. “The multidomain improvement in the Bayley-4 and ASA measures are significant and in line with the clinically meaningful change observed by patient families. These kids have continued to make functional gains over time, which may ultimately lead to more independence.”

New Expansion Cohorts A & B data include Day 170 results on 24 patients, and long-term Dose-escalation Cohorts 4–7 data include up to Day 758 results on 15 patients.

Expansion Cohorts at Day 170:

  • Cognition assessed by Bayley-4 showed rapid and clinically significant improvement compared with Natural History data. Day 170 data were consistent with the treatment benefit observed in the Dose-escalation Cohorts at a similar timepoint.
  • Behavior assessed by the Angelman Severity Assessment (ASA) showed rapid improvement exceeding the treatment benefit observed in the Dose-escalation Cohorts at Day 170.
  • Hyperactivity and noncompliance assessed by the Aberrant Behavior Checklist-Community (ABC-C) showed rapid and clinically significant improvement at Day 170 compared with Natural History data, providing further insight into one of the most commonly reported behavioral issues.
  • Sleep assessed by ASA showed rapid and clinically meaningful improvement exceeding treatment benefit observed in the Dose-escalation Cohorts at Day 170.
  • Receptive communication assessed by Bayley-4 showed rapid improvement compared with Natural History data. Day 170 data were consistent with the treatment benefit observed in the Dose-escalation Cohorts at a similar timepoint.
  • Gross Motor function assessed by ASA showed rapid improvement exceeding the treatment benefit observed in the Dose-escalation Cohorts at Day 170. Gross motor assessments as measured by Bayley-4 were not performed at Day 170 in the Expansion Cohorts to reduce patient testing burden and are not included in this analysis at this timepoint.
  • Multi-domain Responder Index (MDRI) analysis across the four domains of Cognition, Receptive Communication, Behavior and Sleep resulted in a total net response of +2.0 (p-value <0.0001). The majority of patients had already achieved a total net response of +2 to +4 domains, demonstrating improvement exceeding the minimally important difference (MID) threshold in several domains even at this early Day 170 timepoint.

Dose-escalation Cohorts up to Day 758:

  • Cognition assessed by Bayley-4 showed continuing long-term improvement compared with Natural History data and exceeded the threshold of clinical significance by many-fold in many patients.
  • Behavior assessed by ASA showed continuing clinically meaningful improvement.
  • Sleep assessed by ASA showed sustained clinically meaningful improvement.
  • Receptive communication measured by Bayley-4 showed sustained and clinically significant improvement compared with Natural History data.
  • Gross motor function assessed by Bayley-4 showed continued and clinically significant improvement compared with previously reported Natural History data.
  • MDRI analysis across the four domains of Cognition, Receptive Communication, Behavior and Sleep resulted in a total net response of +2.0 (p-value = 0.0007) at Day 338. The majority of patients had a total net response of +2 to +4, as well as a 2- to 5-fold improvement over the MID threshold in several domains.

“The totality of these interim data demonstrates that treatment with GTX-102 resulted in rapid, multi-domain improvements that continued during maintenance dosing. These broad developmental gains are having a meaningful impact on patients and their families. For example, we’re hearing about children who are now able to routinely communicate their needs to family members, which greatly improves their ability to interact with their caregivers. We have also heard from families about their children who are accumulating additional developmental gains such as running, swimming and independent eating,” said Eric Crombez, M.D., chief medical officer at Ultragenyx. “Our next step is an end of Phase 2 meeting with the FDA and interactions with other health authorities to enable timely initiation of a Phase 3 pivotal study.”

There were no unexpected serious adverse events. Three patients had serious adverse events (mild to moderate) of lower extremity weakness assessed as related to study treatment; one in Cohort 7, two in Cohorts A & B; none reported in Cohorts C–E to date. All resolved rapidly without sequelae and remain in the study without ongoing safety concerns. The five original patients affected by lower extremity weakness from Cohorts 1–3 have been re-dosed safely multiple times and are receiving maintenance treatment without recurrence. The Cohort 7 patient has also been re-dosed safely multiple times and is receiving maintenance treatment without recurrence. The two patients in Cohorts A & B remain in study and are expected to continue dosing. The FDA and other regulatory agencies were notified of all safety events and raised no issues nor required additional actions. The foregoing safety information is current as of April 5, 2024.

Conference Call and Webcast Information

Ultragenyx will host a conference call at 8:00 a.m. ET today to discuss the new efficacy and safety data from the GTX-102 Phase 1/2 clinical study. The live and replayed webcast of the call will be available through the company’s website at https://ir.ultragenyx.com/events-presentations.

About GTX-102

GTX-102 is an investigational antisense oligonucleotide delivered via intrathecal administration and designed to target and inhibit expression of UBE3A-AS. Nonclinical studies have shown that GTX-102 reduces levels of UBE3A-AS and reactivates expression of the paternal UBE3A allele in neurons of the CNS. Reactivation of paternal UBE3A expression in animal models of Angelman syndrome has been associated with improvements in some of the neurological symptoms associated with the condition. GTX-102 has been granted Orphan Drug Designation, Rare Pediatric Disease Designation, and Fast Track Designation from the FDA, and Orphan Designation and PRIME designation from the EMA.

About the Phase 1/2 study

The Phase 1/2, open-label, multiple-dose, dose-escalating study is evaluating the safety and tolerability of GTX-102 administered by intrathecal (IT) injection to pediatric patients with Angelman syndrome with a genetically confirmed diagnosis of full maternal UBE3A gene deletion. The study is also assessing clinical response as measured by a panel of efficacy assessments for the functional domains impacted in Angelman syndrome. The study has enrolled and treated 74 patients in both dose-escalation and expansion cohorts. Patients in Cohorts 4-7 (dose-escalation) are receiving long-term maintenance dosing. Data from the expansion cohorts will be used to verify the GTX-102 dose and treatment regimen for the pivotal Phase 3 study.

About the Angelman Syndrome Natural History Study

The Angelman Syndrome Natural History Study (NCT00296764) is a multisite, prospective, observational study. The study data are combined with clinic and registry data and stored in the Linking Angelman and Dup15q Data for Expanded Research (LADDER) database platform, which is managed by Boston Children’s Hospital and spans different Angelman syndrome cohorts. The Natural History study populations analyzed for comparative purposes to GTX-102 are a subset of the larger populations, and only include 4- to 17-year-old gene deletion patients. These data are illustrative only; differences exist between study designs, subject characteristics and geographical regions and caution should be exercised when comparing data across studies. Natural history data are not available for the ASA assessments.

About Angelman Syndrome

Angelman syndrome is a rare, neurogenetic disorder caused by loss-of-function of the maternally inherited allele of the UBE3A gene. The maternal-specific inheritance pattern of Angelman syndrome is due to genomic imprinting of UBE3A in neurons of the central nervous system (CNS), a naturally occurring phenomenon in which the maternal UBE3A allele is expressed and the paternal UBE3A is not. Silencing of the paternal UBE3A allele is regulated by the UBE3A antisense transcript (UBE3A-AS), the intended target of GTX-102. In almost all cases of Angelman syndrome, the maternal UBE3A allele is either missing or mutated, resulting in limited to no protein expression. This condition is generally not inherited but instead occurs spontaneously. It is estimated to affect ~60,000 people in commercially accessible geographies.

Individuals with Angelman syndrome have a lifelong neurodevelopmental disorder including cognitive impairment, motor impairment, balance issues, and debilitating seizures. Some individuals with Angelman syndrome are unable to walk and most do not speak. Anxiety and disturbed sleep can be serious challenges in individuals with Angelman syndrome. Although individuals with Angelman syndrome have a normal lifespan, they require continuous care and are unable to live independently. Angelman syndrome is not a degenerative disorder, but the loss of the UBE3A protein expression in neurons results in abnormal communications between neurons. Angelman syndrome is often misdiagnosed as autism or cerebral palsy. There are no currently approved therapies for Angelman syndrome; however, several symptoms of this disorder can be reversed in adult animal models of Angelman syndrome suggesting that improvement of symptoms can potentially be achieved at any age.

About Ultragenyx Pharmaceutical Inc.

Ultragenyx is a biopharmaceutical company committed to bringing novel products to patients for the treatment of serious rare and ultrarare genetic diseases. The company has built a diverse portfolio of approved therapies and product candidates aimed at addressing diseases with high unmet medical need and clear biology for treatment, for which there are typically no approved therapies treating the underlying disease.

The company is led by a management team experienced in the development and commercialization of rare disease therapeutics. Ultragenyx’s strategy is predicated upon time- and cost-efficient drug development, with the goal of delivering safe and effective therapies to patients with the utmost urgency.

For more information on Ultragenyx, please visit the company's website at: www.ultragenyx.com.

Ultragenyx Forward-Looking Statements and Use of Digital Media

Except for the historical information contained herein, the matters set forth in this press release, including statements related to Ultragenyx's expectations and projections regarding the clinical benefit, tolerability and safety of GTX-102 and the corresponding impact on patients, the anticipated dosing of the Phase 2 study for GTX-102 and the timing for initiation of a Phase 3 study for GTX-102 and associated regulatory meetings are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve substantial risks and uncertainties that could cause our clinical development programs, collaboration with third parties, future results, performance or achievements to differ significantly from those expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, the uncertainty of clinical drug development and unpredictability and lengthy process for obtaining regulatory approvals, the ability of the Company to successfully develop GTX-102, the Company’s ability to achieve its projected development goals in its expected timeframes, the risk that results from earlier studies may not be predictive of future study results, risks related to adverse side effects, risks related to reliance on third-party partners to conduct certain activities on the Company’s behalf, smaller than anticipated market opportunities for the company’s products and product candidates, manufacturing risks, competition from other therapies or products and other matters that could affect sufficiency of existing cash, cash equivalents and short-term investments to fund operations, the Company’s future operating results and financial performance, the timing of clinical trial activities and reporting results from same, and the availability or commercial potential of Ultragenyx’s products and product candidates. Ultragenyx undertakes no obligation to update or revise any forward-looking statements.

For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Ultragenyx in general, see Ultragenyx's Annual Report on Form 10-K filed with the Securities and Exchange Commission (SEC) on February 21, 2024, and its subsequent periodic reports filed with the SEC.

In addition to its SEC filings, press releases and public conference calls, Ultragenyx uses its investor relations website and social media outlets to publish important information about the company, including information that may be deemed material to investors, and to comply with its disclosure obligations under Regulation FD. Financial and other information about Ultragenyx is routinely posted and is accessible on Ultragenyx’s Investor Relations website (https://ir.ultragenyx.com/) and LinkedIn website (https://www.linkedin.com/company/ultragenyx-pharmaceutical-inc-/).

Contacts
Ultragenyx Pharmaceutical Inc.
Investors
Joshua Higa
+1-415-475-6370
ir@ultragenyx.com

Media
Carolyn Wang
+1-415-225-5050
media@ultragenyx.com


FAQ

What is the latest announcement from Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE)?

Ultragenyx Pharmaceutical Inc. announced positive interim Phase 1/2 data for GTX-102 in Angelman Syndrome patients, showcasing rapid and significant improvement across multiple domains.

What are the key highlights of the data presented by Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE)?

Expansion Cohorts showed consistent or better results than Dose-escalation Cohorts, with long-term benefits observed. Investor call scheduled at 8:00 a.m. ET for further discussion.

When will the investor call regarding the new data take place?

The investor call regarding the new data will take place at 8:00 a.m. ET.

What improvements were observed in the patients treated with GTX-102 in the Expansion Cohorts?

Patients in the Expansion Cohorts showed rapid and clinically meaningful improvement across multiple domains consistent with or exceeding Dose-escalation Cohorts data at Day 170.

How did the long-term data in Dose-escalation Cohorts compare to the Natural History data?

Long-term data in Dose-escalation Cohorts showed increasing and sustained clinical benefit far exceeding Natural History data at Day 758.

Ultragenyx Pharmaceutical Inc.

NASDAQ:RARE

RARE Rankings

RARE Latest News

RARE Stock Data

3.59B
72.17M
4.11%
101.15%
4.76%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
United States of America
NOVATO

About RARE

ultragenyx is a clinical-stage biotechnology company committed to bringing to market novel products for the treatment of rare and ultra-rare diseases, with an initial focus on serious, debilitating metabolic genetic diseases. founded in 2010, the company has rapidly built a diverse portfolio of product candidates with the potential to address diseases for which the unmet medical need is high, the biology for treatment is clear, and for which there are no approved therapies. our company is led by an experienced management team in rare disease therapeutics. recognizing that our primary responsibility is to our patients, we are working with advocacy groups to provide support and outreach to individuals and families affected by these disorders and engage them in the clinical testing process. we are also working with regulatory agencies to design and conduct high quality clinical studies that meet the requirements for approval. we are creating an improved model for successful rare disease d