TME Pharma Announces Strategic Plan to Externalize and Monetize Second Clinical Stage Asset NOX-E36
22 Julio 2024 - 1:00AM
Business Wire
- NOX-E36 presents promising opportunity for development in
eye diseases with a high need for well-tolerated therapies with
anti-fibrotic effect
- Anti-fibrotic mode of action of NOX-E36 was demonstrated in
preclinical eye disease model performed by leading Singapore Eye
Research Institute
- Preclinical, clinical data and available drug supply lay
optimal framework for rapid path to Phase 2 clinical
proof-of-concept
- TME Pharma plans to enable separate corporate entity focused
on NOX-E36 in ophthalmology to monetize the program and mobilize
private investor support
TME Pharma N.V. (Euronext Growth Paris: ALTME), a
clinical-stage biotechnology company focused on developing novel
therapies for treatment of cancer by targeting the tumor
microenvironment (TME), announces its plan to externalize and
monetize the company's second clinical stage asset NOX-E36 – an
L-stereoisomer RNA aptamer inhibiting the CCL2 chemokine. This
decision leverages the compound’s potential, as shown by clinical
and preclinical data, to safely address significant unmet medical
needs in ophthalmic diseases impacted by fibrosis.
The presence of the target of NOX-E36, CCL2, has been shown to
predict early failure of glaucoma surgical intervention in patients
and inhibition of the pathway targeted by NOX-E36 in preclinical
models of glaucoma surgery prevents fibrosis thereby prolonging the
success of the intervention1. NOX-E36 has already been administered
to 175 clinical trial participants with an excellent safety and
tolerability profile and showing activity on its target, already
derisking a number of steps in early clinical development.
Fibrosis is a significant cause of treatment failure or
increased severity in many clinically important eye diseases2 with
unmet needs such as diabetic retinopathy (9.6 million cases in the
US, of which 1.84 million vision-threatening3), age-related macular
degeneration (20 million cases in the US, of which 1.5 million
vision-threatening4), and primary open angle glaucoma (>3
million cases in the US5).
Click here to read the full press release
1 Chong (2017) Invest Ophthalmol Vis Sci 58:3432 & Chong
(2010) Ophthalmology 117:2353
2 Sorenson (2024) Frontiers in Ophthalmology 2024 Vol. 4
3 Lundeen (2023) JAMA Ophthalmol. 2023;141(8):747-754
4 Rein (2022) JAMA Ophthalmol. 2022;140(12):1202-1208
5 US National Eye Institute Glaucoma Tables, Link
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version on businesswire.com: https://www.businesswire.com/news/home/20240721360607/en/
For more information, please contact: TME Pharma
N.V. Aram Mangasarian, Ph.D., CEO Tel. +49 (0) 30 16637082 0
investors@tmepharma.com Investor and Media Relations:
NewCap Arthur Rouillé Tel. +33 (0) 1 44 71 00 15
arouille@newcap.fr
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