Arix Bioscience PLC (ARIX) Artios Doses First Patient in Phase 1/2a Study of Pol? Inhibitor ART4215 28-Sep-2021 / 08:15 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

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Arix Bioscience plc

Artios Doses First Patient in Phase 1/2a Study of Pol? Inhibitor ART4215

LONDON, 28 September 2021: Arix Bioscience plc ("Arix", LSE:ARIX), a global venture capital company focused on investing in and building breakthrough biotech companies, notes that its portfolio company, Artios Pharma Limited, today announced it has dosed the first patient in its Phase 1/2a study with its polymerase theta (Pol?) inhibitor, ART4215.

Mark Chin, Managing Director at Arix, stated: "ART4215 is the first selective, orally bioavailable, small molecule inhibitor of the Pol? polymerase domain to enter the clinic. As early investors and the largest shareholder in Artios, we are proud of the Company's scientific leadership and its position as a global powerhouse in DDR. Artios is a great example of how we can support innovative and ambitious biotech companies."

The announcement can be accessed on Artios's website at: https://www.artiospharma.com/ and full text of the announcement from Artios is contained below.

[ENDS]

For more information on Arix, please contact:

Arix Bioscience plc

+44 (0)20 7290 1050

ir@arixbioscience.com

Optimum Strategic Communications

+44 (0)20 3922 1906

optimum.arix@optimumcomms.com

About Arix Bioscience plc

Arix Bioscience plc is a global venture capital company focused on investing in and building breakthrough biotech companies around cutting-edge advances in life sciences.

We collaborate with exceptional entrepreneurs and provide the capital, expertise and global networks to help accelerate their ideas into important new treatments for patients. As a listed company, we are able to bring this exciting growth phase of our industry to a broader range of investors. www.arixbioscience.com

ARTIOS PHARMA PRESS RELEASE Artios Doses First Patient in Phase 1/2a Study of Pol? Inhibitor ART4215

-- Pol? inhibitor, ART4215, is the first selective, orally bioavailable, small molecule inhibitor of the Pol? polymerase domain to enter the clinic

-- Phase 1/2a study evaluating Pol? inhibitor, ART4215, in patients with advanced or metastatic solid tumors

-- Pol? program developed using Artios's DDR-based platform and small molecule drug discovery capabilities

-- Interim safety and tolerability data expected in 2022

-- Pol? inhibitor, ART4215, is Artios's second investigational new drug to enter the clinic in 2021 alongwith ATR inhibitor, ART0380

CAMBRIDGE, UK and NEW YORK, USA, 28 September 2021: Artios Pharma Limited (Artios), a leading biotech company pioneering the development of novel small molecule therapeutics that target the DNA Damage Response process in order to treat patients suffering from a broad range of cancers, announces it has dosed the first patient in its Phase 1/2a study with its polymerase theta (Pol?) inhibitor, ART4215. The Pol? project was originally in-licensed from Cancer Research UK in 2016 as part of the initial formation of Artios.

The open label, multi-center study will assess the safety, tolerability, pharmacokinetics, and clinical activity of ART4215 administered orally as a monotherapy and in combination with other anticancer medicines in patients with advanced or metastatic solid tumors. The study will enroll up to 206 patients and will be conducted at multiple oncology centers across the USA and Europe. The trial is led by principal investigators Erika P. Hamilton, M.D., Director of the Breast Cancer and Gynecologic Cancer Research Program, Sarah Cannon Research Institute at Tennessee Oncology, and Timothy Yap, M.B.B.S., Ph.D., Associate Professor of Investigational Cancer Therapeutics and Medical Director of the Institute for Applied Cancer Science at The University of Texas MD Anderson Cancer Center. Interim safety and tolerability data is expected in 2022. Full details can be found at www.clinicaltrials.gov under the identifier NCT04991480.

Dr. Niall Martin, Chief Executive Officer at Artios, said: "The initiation of our Phase 1/2a study is an important milestone for Artios and the DNA Damage Response field in general, launching the first evaluation of a specifically designed Pol? inhibitor in the clinic. Pol? is an important tumor-specific DDR target which we believe has the potential to exploit certain genetic vulnerabilities of cancer cells with defective DNA repair processes, while sparing healthy tissue. We have brought forward to the clinic a new and exciting inhibitor class where preclinical data shows the possible clinical utility that a potent, selective Pol? inhibitor may have as a single agent in patients who have progressed on PARP inhibitors, in combination with PARP inhibition in PARPi naïve patients and in combination with DNA damaging therapies such as ionizing radiation and cytotoxic chemotherapy. The progress of ART4215 supports Artios's approach to leverage our internal expertise in identifying promising new DDR targets, developing novel molecules, working with our collaborators at Cancer Research UK, and advancing these molecules into the clinic. It has been a very productive year at Artios with the execution of our USD153M Series C financing in July and now the expansion of our clinical pipeline, building upon our ongoing clinical development of ART0380, an ATR inhibitor, and our collaborations with Merck KGaA and Novartis." Principal Investigator for the trial, Dr. Erika P. Hamilton, Director of the Breast Cancer and Gynecologic Cancer Research Program, Sarah Cannon Research Institute at Tennessee Oncology, said: "I am encouraged by the preclinical data for ART4215 that demonstrates the molecule's potential to address areas of high unmet need such as overcoming de novo and acquired resistance to PARP inhibitors and DNA damaging therapy. We look forward to advancing these important studies for an entirely new class of inhibitors for patients who need more effective treatment options." ART4215 is the first selective, orally bioavailable, small molecule inhibitor of the Pol? polymerase domain to enter the clinic. Pol?, a DNA polymerase, is a tumor-specific DDR target involved in microhomology mediated end joining (MMEJ) that is overexpressed in many tumors and found in low levels in healthy tissue. Extensive preclinical studies have demonstrated that ART4215 has broad potential clinical utility, as described in Artios's recent Nature Communications publication, Zatreanu et al., 2021.

END

For more information, please contact:

Investor Contact:

Abid Ansari, Chief Financial Officer

E: Abid.Ansari@artiospharma.com

Media Contact:

LifeSci Advisors

Ligia Vela Reid

E: lvela-reid@lifesciadvisors.com

About Artios

Artios is a leading biotech company pioneering the development of novel small molecule therapeutics that target the DDR process in order to treat patients suffering from a broad range of cancers. The Company is led by an experienced scientific and leadership team with proven expertise in DDR drug discovery, including the discovery and early development of the PARP inhibitor Olaparib. It has a unique partnership with Cancer Research UK, and collaborations with leading DNA repair researchers worldwide, such as The Institute of Cancer Research (ICR), London, the Netherlands Cancer Institute (NKI) and the Crick Institute, London. Artios is building a pipeline of next-generation DDR programs to target hard to treat cancers, including its ATR inhibitor, ART0380, in treating DDR defective tumors, which is in a Phase 1/2a clinical study, and the Pol? inhibitor ART4215 as a monotherapy and with combination treatments. In December 2020, Artios entered into a collaboration agreement with Merck KGaA, Darmstadt, Germany to identify and develop precision oncology medicines targeting nucleases. Merck KGaA, Darmstadt, Germany has the right to opt into exclusive development and commercialization of compounds on up to eight targets and Artios to receive up to USUSD860 million total milestones per target. In April 2021, Artios entered a collaboration with Novartis to identify DDR targets to use with Novartis' proprietary radioligand therapies with Artios receiving a USUSD20 million up-front payment in addition to near term research funding to support the collaboration. Artios is eligible to receive up to USD1.3 billion in discovery, development, regulatory and sales-based milestones in addition to royalty payments. Artios has raised USUSD320 million to date from investors and strategic partners, including the USUSD153 million Series C financing announced in July 2021. Artios is based at the Babraham Research Campus in Cambridge, UK, with an office in New York City, USA.

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ISIN:           GB00BD045071 
Category Code:  MSCH 
TIDM:           ARIX 
LEI Code:       213800OVT3AHQCXNIX43 
OAM Categories: 3.1. Additional regulated information required to be disclosed under the laws of a Member State 
Sequence No.:   123071 
EQS News ID:    1236370 
 
End of Announcement  EQS News Service 
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