Motif Bio Phase 3 Clinical Trial Finishes Patient Treatment Phase
31 January 2017 - 10:39AM
Motif Bio plc (Motif) (NASDAQ:MTFB), (NASDAQ:MTFBW), a clinical
stage biopharmaceutical company specializing in developing novel
antibiotics, today announced that the last patient has finished the
treatment phase in REVIVE-1, the Phase 3 clinical trial
investigating the safety and efficacy of iclaprim in patients with
acute bacterial skin and skin structure infections (ABSSSI).
REVIVE-1 is a 600-patient double-blinded, global,
multicenter trial, in patients with ABSSSI that compares the safety
and efficacy of an 80mg intravenous dose of iclaprim with 15mg/kg
intravenous vancomycin. Treatments were administered every 12
hours for 5 to 14 days. Data read-out is expected in the second
quarter of 2017.
Data read-out for REVIVE-2 is anticipated in the
second half of 2017. Successful completion of the two REVIVE trials
is expected to satisfy both US FDA and EMA requirements for
regulatory submission for intravenous iclaprim in the treatment of
ABSSSI.
Commenting on this milestone, Graham Lumsden, CEO
of Motif Bio, said: “Thanks to the patients and investigators who
participated in REVIVE-1, we remain on track to be able to share
the first data from our Phase 3 clinical trials in 2Q17. We
believe that iclaprim, if approved, can be an important option for
patients hospitalized with ABSSSI who also have kidney disease with
or without diabetes. It is estimated that up to 26% of the 3.6
million ABSSSI patients hospitalized annually in the U.S. have
kidney disease.”
About IclaprimIclaprim is a novel
antibiotic that has a different and underutilized mechanism of
action compared to most other antibiotics. Iclaprim exhibits
potent activity against Gram-positive clinical isolates of many
genera of staphylococci, including methicillin resistant
Staphylococcus aureus (MRSA). Iclaprim is rapidly bactericidal,
achieving 99.9% in-vitro kill against MRSA within 4 to 6 hours of
drug exposure versus 8 to 10 hours for vancomycin. To date,
iclaprim has been studied in over 600 patients and healthy
volunteers.
About Motif Bio plc
www.motifbio.comMotif Bio is a clinical-stage
biopharmaceutical company, engaged in the research and development
of novel antibiotics designed to be effective against serious and
life-threatening infections in hospitalized patients caused by
multi-drug resistant bacteria. Our lead product candidate,
iclaprim, is being developed for the treatment of acute bacterial
skin and skin structure infections (ABSSSI) and hospital acquired
bacterial pneumonia (HABP), including ventilator associated
bacterial pneumonia (VABP), hospital infections often caused by
MRSA (methicillin resistant Staphylococcus aureus).
Forward-Looking StatementsThis
press release contains forward-looking statements. Words such as
"expect," "believe," "intend," "plan," "continue," "may," "will,"
"anticipate," and similar expressions are intended to identify
forward-looking statements. Forward-looking statements involve
known and unknown risks, uncertainties and other important factors
that may cause Motif Bio’s actual results, performance or
achievements to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking statements. Motif Bio believes that these factors
include, but are not limited to, (i) the timing, progress and the
results of clinical trials for Motif Bio’s product candidates, (ii)
the timing, scope or likelihood of regulatory filings and approvals
for Motif Bio’s product candidates, (iii) Motif Bio’s ability to
successfully commercialize its product candidates, (iv) Motif Bio’s
ability to effectively market any product candidates that receive
regulatory approval, (v) Motif Bio’s commercialization, marketing
and manufacturing capabilities and strategy, (vi) Motif Bio’s
expectation regarding the safety and efficacy of its product
candidates, (vii) the potential clinical utility and benefits of
Motif Bio’s product candidates, (viii) Motif Bio’s ability to
advance its product candidates through various stages of
development, especially through pivotal safety and efficacy trials,
and (ix) Motif Bio’s estimates regarding the potential market
opportunity for its product candidates . More detailed information
about the risks and uncertainties affecting Motif Bio plc is
contained under the heading "Risk Factors" in Motif Bio plc's
registration statement on Form F-1 filed with the SEC, which is
available on the SEC's web site, www.sec.gov. Motif Bio plc
undertakes no obligation to update or revise any forward-looking
statements.
For further information please contact:
Motif Bio plc Contact:
Graham Lumsden
Chief Executive Officer
212-210-6248
ir@motifbio.com
Investor Contact:
Patricia L. Bank
Westwicke Partners
415-513-1284
patti.bank@westwicke.com
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