HanAll Biopharma Reports Q3 2024 Financial Results and Prov..
- HL192 (ATH-399A) was well tolerated with no major safety issues in any of the 76 participants.
- No serious treatment related adverse events were reported and such findings were proportional between placebo and dosed groups.
- PK results support once a day dosing.
-ROCKVILLE, Md. and SEOUL, South Korea, Nov. 25,
2024
HanAll Biopharma,
Daewoong Pharmaceutical and NurrOn Pharmaceuticals successfully completed their
Phase 1 study of HL192 (ATH-399A), which is being developed as a
disease-modifying therapy for Parkinson's disease. The study met its primary
endpoints of safety and tolerability in 5 different ascending dose groups,
demonstrating significant progress in the treatment of this debilitating
neurological disorder. This first-in-human study included single ascending dose
(SAD), multiple ascending dose (MAD), and food effect components.
"We are extremely
pleased to announce the completion of the first-in-human study," said Sean
Jeong, MD, MBA, CEO of HanAll Biopharma. "Successfully demonstrating the
safety and tolerability in healthy volunteers, including older adults, is a key
step in our mission to develop a disease-modifying therapy for Parkinson's
disease. These findings bring hope to millions of patients and their families
who are affected by this challenging condition."
“We are excited to report
positive results for our Phase 1 trial, confirming the well-tolerated safety
profile of HL192 (ATH-399A) in healthy participants and expect to launch the
next clinical trial in people with Parkinson’s disease,” said Deog Joong Kim,
PhD., CEO of NurrOn Pharmaceuticals.
NurrOn was awarded a $1.7
million grant from The Michael J. Fox Foundation for Parkinson’s Research
(MJFF) in support of the Phase 1 clinical trial of HL192 (ATH-399A), that
initiated in the second half of 2023.
“The Michael J. Fox
Foundation remains steadfast in our commitment to accelerate the development of
better treatments for the more than 6 million people living with Parkinson’s
disease around the world,” said Katharina Klapper, principal of clinical research
at MJFF. “The successful completion of the study’s Phase 1 HL192 (ATH-399A)
trial marks a meaningful step forward in advancing today’s therapeutic
pipeline.”
Parkinson's disease is a
progressive neurological disorder that affects millions of people worldwide.
Current treatments primarily focus on managing symptoms, but there is an urgent
need for therapies that can alter the disease's progression. HL192 (ATH-399A)
represents a promising approach, targeting the underlying mechanisms of
Parkinson's disease to provide a more effective and long-lasting treatment.
The study enrolled 76
healthy participants. Participants in the SAD and food effect arms received
HL192 (ATH-399A) once, while participants in the MAD arm received a single dose
once a day for twelve days, with careful monitoring and assessment of safety
and tolerability. The results demonstrated a favorable safety profile. Key
findings include equivalent percentages of treatment emergent adverse events
(TEAEs) between those who received treatment compared to those who received
placebo, with no clear dose dependent trends. Additionally, all tested dose
levels were well below the pre-determined NOAEL (no observed adverse effect
level) concentrations, further confirming the safety and tolerability of the
chosen dose levels.
HanAll and Daewoong plan
to initiate the next clinical trial in people with Parkinson’s disease in
collaboration with NurrOn. The study will further evaluate the safety of HL192
(ATH-399A). The companies remain dedicated to developing this important asset
with the goal to improve patient lives in an area of great unmet need.
About
HanAll Biopharma
HanAll
Biopharma (KRX: 009420.KS) is a global biopharmaceutical company with presence
in Korea, the USA, Japan, and Indonesia with the mission of making meaningful
contributions to patients' lives by introducing innovative, impactful medicines
to address severe unmet medical needs. HanAll has been operating a portfolio of
pharmaceutical products in the therapeutic areas of endocrine, circulatory, and
urologic diseases for over 50 years.
HanAll
has also expanded its focus to immunology, oncology, neurology, and
ophthalmology to discover and develop innovative medicines for patients with
diseases for which there are no effective treatments. One of its lead pipeline
assets, HL161 (INN: batoclimab), an anti-FcRn antibody, is being developed in
Phase 3 and Phase 2 trials across the world for the treatment of autoimmune
diseases including generalized myasthenia gravis (gMG), thyroid eye disease
(TED), chronic inflammatory demyelinating polyneuropathy (CIDP). HL161ANS
(IMVT-1402), another anti-FcRn antibody from HanAll, is planned to begin
registrational studies in GD and Rheumatoid
Arthritis (RA).
Another
lead asset, HL036 (INN: tanfanercept), a TNF inhibitor protein, has commenced a
Phase 3 clinical study in the US and is also being evaluated in China for the
treatment of dry eye disease.
HL192
(ATH-399A), a Nurr1 activator targeting Parkinson’s Disease, has completed a
Phase 1 study in healthy volunteers.
For further information, visit our website and connect with us on LinkedIn. For
any media inquiries, please contact HanAll PR/IR (pr@hanall.com, ir@hanall.com).
About Daewoong Pharmaceutical. Co., Ltd.
Daewoong Pharmaceutical (KRX: 069620.KS),
established in 1945, is a global pharmaceutical company based in South Korea.
The company is committed to the development, manufacturing, and
commercialization of pharmaceutical products, with a mission to provide the most
beneficial total solutions, including pharmaceuticals and services, which
contribute to improving the quality of life of valued consumers. Operating with
a keen focus on both domestic and international markets, Daewoong
Pharmaceutical specializes in developing treatments for intractable and rare
diseases. The company's diverse portfolio encompasses novel drugs, biologics,
new products, and C&D, all supported by in-house research and development,
open collaboration, and advanced manufacturing facilities.
Marking significant achievements in drug development, Daewoong Pharmaceutical
has successfully developed novel drugs for GERD, featuring the active
ingredient Fexuprazan, and for Type 2 diabetes, with the active ingredient
Enavogliflozin, in two consecutive years. The company is currently advancing in
the development of First-in-Class Oral Anti-Fibrotic Agent for Idiopathic
Pulmonary Fibrosis, utilizing Bersiporocin as a PRS Inhibitor. Notably,
Bersiporocin has been designated by the U.S. FDA as an orphan drug and a Fast
Track development product. Daewoong is dedicated to completing the Phase 2
clinical study of this drug by 2025. For more information, visit Daewoong
Pharmaceutical's website and LinkedIn page. Media inquiries can be directed to
Daewoong's PR at naraesong@daewoong.co.kr.
About
NurrOn Pharmaceuticals
NurrOn Pharmaceuticals is a
clinical-stage biopharmaceutical company dedicated to developing novel,
targeted therapeutics for the treatment of Parkinson's disease (PD) and other
Nurr1-related incurable human disorders.
Through targeting Nurr1, the master
regulator for dopaminergic neuron development and maintenance, we aim to
develop a paradigm changing PD treatment to improve patients' quality of life.
While currently there are only symptomatic treatment options for patients with
PD, there have not been any successful therapies to slow or prevent the
progression of the disease. We believe that disease-modifying therapies will be
achieved through targeting Nurr1, which has generated supportive data as a new
druggable PD target. NurrOn was awarded a substantial grant from Michael J. Fox
Foundation in support of the Phase 1 clinical trial of HL192 (ATH-399A), that
initiated in the second half of 2023. For further information on NurrOn
Pharmaceuticals, please visit our official website
or contact info@nurronpharma.com.
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