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REG-Arix Bioscience PLC Portfolio company Disc Medicine presents positive initial data from Phase 2 BEACON trial at EHA

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   Arix Bioscience PLC (ARIX)
   Portfolio company Disc Medicine presents positive initial data from Phase
   2 BEACON trial at EHA

   09-Jun-2023 / 14:53 GMT/BST

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                              Arix Bioscience plc

                                        

   Portfolio company Disc Medicine presents positive initial data from Phase
                             2 BEACON trial at EHA

   LONDON, 09 June 2023: Arix Bioscience plc (“Arix” or the “Company”)  (LSE:
   ARIX), a transatlantic  venture capital  company focused  on investing  in
   breakthrough biotechnology companies,  notes that  its portfolio  company,
   Disc Medicine,  today  announced preliminary  findings  from its  Phase  2
   open-label BEACON  trial  evaluating bitopertin,  an  orally  administered
   glycine transporter 1 (GlyT1)  inhibitor, in patients with  erythropoietic
   protoporphyria (EPP)  and X-linked  protoporphyria (XLP)  at the  European
   Haematology Association (EHA) 2023 Congress in Frankfurt, Germany.

   The initial  trial  data from  the  BEACON study  demonstrated  consistent
   decreases in protoporphyrin  IX (the disease-causing  metabolite in  EPP),
   significant increases in reported  sunlight tolerance and improvements  in
   measures of patient quality of life.

   The BEACON trial is a randomised, open-label, parallel-arm trial enrolling
   up to 22 patients with EPP or XLP at trial sites in Australia. This  trial
   was designed to assess changes in levels  of PPIX, as well as measures  of
   photosensitivity, quality of life, and safety and tolerability.

   Robert Lyne, CEO of Arix Bioscience, said: “We are very encouraged by  the
   positive data  from  the  BEACON  trial. This  is  an  important  clinical
   milestone for the company and a major development for patients who  suffer
   from erythropoietic  protoporphyria. We  look forward  to supporting  Disc
   Medicine as they  continue to  advance the BEACON  study through  clinical
   development. We are also thrilled that Disc are achieving these  important
   clinical milestones  less than  two years  after our  initial  investment,
   demonstrating a success of our strategy in action.”

   The  announcement  can  be  accessed   on  Disc  Medicine’s  website   at:
    1 https://www.discmedicine.com/ and  the full  text of  the  announcement
   from the company is contained below.

    

                                      ENDS 

    

   Enquiries

   For more information on Arix, please contact:

    

   Arix Bioscience plc

   +44 (0)20 7290 1050

   ir 2 @arixbioscience.com

    

   Powerscourt Group

   Sarah MacLeod, Ibrahim Khalil, Nick Johnson

   +44 (0)20 7250 1446

    3 arix@powerscourt-group.com

    

   About Arix Bioscience plc

   Arix Bioscience  plc  is  a  global venture  capital  company  focused  on
   investing in  breakthrough  biotechnology  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.  4 www.arixbioscience.com

    

                          Disc Medicine Press Release:

                                        

        Disc Presents Positive Initial Data from Phase 2 BEACON Trial of
       Bitopertin in Patients with Erythropoietic Protoporphyria (EPP) at
              European Hematology Association (EHA) 2023 Congress

    

   Jun 09, 2023

    

     • Consistent and dose-dependent reductions of protoporphyrin IX (PPIX),
       the disease-causing metabolite in EPP, were observed in patients
       treated with bitopertin

     • Patients reported significant improvements in sunlight tolerance and
       measures of quality-of-life
     • Bitopertin was well-tolerated, with no meaningful changes in
       hemoglobin observed
     • Disc Medicine to host an investor conference call today at 7:30 AM ET

    

   WATERTOWN, Mass., June 09, 2023 (GLOBE NEWSWIRE) -- Disc Medicine, Inc.
   (NASDAQ:IRON), a clinical-stage biopharmaceutical company focused on the
   discovery, development, and commercialization of novel treatments for
   patients suffering from serious hematologic diseases, today presented
   preliminary findings from its ongoing, Phase 2 open-label BEACON trial
   evaluating bitopertin, an orally administered glycine transporter 1
   (GlyT1) inhibitor, in patients with erythropoietic protoporphyria (EPP)
   and X-linked protoporphyria (XLP) at the European Hematology Association
   (EHA) 2023 Congress in Frankfurt, Germany. The initial trial data
   demonstrated consistent decreases in PPIX, significant increases in
   reported sunlight tolerance and improvements in measures of patient
   quality of life.

    

   “We’re delighted to share these initial, positive data from BEACON, which
   provide the first clinical evidence supporting our therapeutic hypothesis
   of bitopertin in EPP. Over the next 12 months, we plan to build on this
   momentum with a series of additional clinical read-outs across our
   portfolio,” said John Quisel, J.D., Ph.D., Chief Executive Officer and
   President of Disc Medicine. “This is an important moment for Disc as a
   company, and I want to extend my gratitude to our team, collaborators, and
   most importantly, the patients and families participating in BEACON.”

    

   “We are excited to share these initial data from the BEACON trial, where
   we observed consistent and sustained suppression of PPIX, the
   disease-causing metabolite in EPP, in patients treated with bitopertin,”
   said Will Savage, M.D., Ph.D., Chief Medical Officer at Disc Medicine.
   “Importantly, this reduction translated into significant improvements in
   the time that patients can spend in sunlight without reporting pain or
   symptoms related to their disease. We’re encouraged by the data and plan
   to present additional data at the end of the year.”

    

   The BEACON trial is a randomized, open-label, parallel-arm trial enrolling
   up to 22 patients with EPP or XLP at trial sites in Australia. This trial
   was designed to assess changes in levels of PPIX, as well as measures of
   photosensitivity, quality of life, and safety and tolerability. Subjects
   are randomized to receive either 20 mg or 60 mg of bitopertin once-daily
   for 24 weeks, after which patients have the option of continuing in an
   open-label extension of the trial for up to an additional 24 weeks. The
   trial is ongoing and these data reflect initial data from 15 subjects
   enrolled as of the data cutoff of May 8, 2023, with a range of treatment
   durations from 18 days to 6 months. Due to batch processing of samples,
   the data cutoff for PPIX data was April 7, 2023.

   Highlights of the initial data presented:

    

     • Protoporphyrin IX (PPIX) levels: Significant, consistent,
       dose-dependent, and sustained reductions of whole-blood, metal-free
       PPIX; mean reduction of >40% when compared to baseline
     • Measures of light tolerance (individual) from two participants with
       the longest follow-up demonstrated substantial increases in sunlight
       tolerance as measured by time in sunlight without experiencing a
       prodrome (initial symptoms that signal a pain attack), or “sunlight
       challenge”:

          ◦ A participant on 20 mg bitopertin reported a >80-fold increase in
            sunlight tolerance on day 88 of treatment, increasing from 4.5
            minutes at baseline to over 6 hours; the participant did not
            report a prodrome during any sunlight challenge after Day 20
          ◦ A participant on 60 mg bitopertin reported a >200-fold increase
            in sunlight tolerance on day 74 of treatment, increasing from
            1.25 minutes at baseline to over 4 hours, and did not report a
            prodrome during any sunlight challenge after Day 120

    

     • Measures of light tolerance (aggregated across participants from whom
       data was available in the trial):

          ◦ Average weekly total time spent in sunlight: increased from 344
            minutes (approximately 49 minutes per day) to 1,200 minutes at
            Week 24
          ◦ Time to prodrome during sunlight challenge (averaged over a
            two-week period): increased >7-fold, from 25 minutes at baseline
            to 182 minutes at Week 24
          ◦ Increased proportion of days without symptoms: 75% vs. 25%
            (baseline)
          ◦ Increased proportion of sunlight challenges without prodromes:
            50% vs. 0% (baseline)
          ◦ Phototoxic reactions: 96% reduction in patient-reported
            phototoxic reactions while on treatment compared to baseline
            (n=15)

    

     • Measures of patient quality of life

          ◦ Patient Global Impression of Change (PGIC): All 10 patients that
            had completed a day 43 visit reported their disease was much
            better (n=8) or a little better (n=2) in the last 7 days
          ◦ Patient Global Impression of Severity (PGIS): Nine out of 10
            patients that had completed a day 43 visit reported their EPP was
            mild (n=3) or not at all severe (n=6)
          ◦ EPP Impact Questionnaire (EPIQ): For patients whose most recent
            data was Day 43, 4/8 patients reported an improvement in the
            impact of EPP on quality of life and 4/8 reported no change in
            the impact of EPP on quality of life. For patients whose most
            recent data was after Day 43, 2/2 reported marked improvement in
            the impact of EPP on quality of life, reporting no impact of EPP
            on quality of life.

    

     • Bitopertin was well-tolerated at both dose levels with no reported
       serious adverse events, no reported discontinuations or dose
       reductions, no reported adverse events greater than Grade 1, and no
       meaningful changes observed in mean hemoglobin levels

    

   These data were presented at the European Hematology Association 2023
   Congress in Frankfurt, Germany and the poster is available on the EHA
   Congress platform at  5 www.ehaweb.org.

    

   Management will host a call to review the presented data on Friday, June
   9th at 7:30 am ET. Please register for the event on the Events and
   Presentations page of Disc’s website ( 6 https://ir.discmedicine.com/).

    

   About Bitopertin

   Bitopertin is an investigational, clinical-stage, orally-administered
   inhibitor of glycine transporter 1 (GlyT1) that is designed to modulate
   heme biosynthesis. GlyT1 is a membrane transporter expressed on developing
   red blood cells and is required to supply sufficient glycine for heme
   biosynthesis and support erythropoiesis. Disc is planning to develop
   bitopertin as a potential treatment for a range of hematologic diseases
   including erythropoietic porphyrias, where it has potential to be the
   first disease-modifying therapy. There are currently two ongoing Phase 2
   clinical trials of bitopertin in patients with erythropoietic porphyria,
   including an open-label trial called BEACON and a randomized, double-blind
   placebo-controlled trial called AURORA.

   Bitopertin is an investigational agent and is not approved for use as a
   therapy in any jurisdiction worldwide. Disc obtained global rights to
   bitopertin under a license agreement from Roche in May 2021.

    

   About Erythropoietic Protoporphyria (EPP) and X-linked Protoporphyria
   (XLP)

   Erythropoietic protoporphyria (EPP) and X-linked Protoporphyria (XLP) are
   rare, debilitating and potentially life-threatening diseases caused by
   mutations that affect heme biosynthesis, resulting in the accumulation of
   a toxic, photoactive intermediate called protoporphyrin IX (PPIX). This
   causes severe reactions when patients are exposed to sunlight,
   characterized by excruciating pain, edema, burning sensations and
   potential blistering and disfigurement. PPIX also accumulates in the
   hepatobiliary system and can result in complications including gallstones,
   cholestasis, and liver damage in 20-30% of patients and in extreme cases
   liver failure. Current standard of care involves extreme measures to avoid
   sunlight, including restricting outdoor activities to nighttime, use of
   protective clothing and opaque shields, and pain management. This has a
   significant impact on the psychosocial development, quality of life, and
   daily activities of patients, particularly in young children and families.
   There is currently no cure for EPP and only one FDA-approved therapy, a
   surgically implanted synthetic hormone designed to stimulate melanin
   production called Scenesse® (afamelanotide).

    

   About Disc Medicine
   Disc Medicine is a clinical-stage biopharmaceutical company committed to
   discovering, developing, and commercializing novel treatments for patients
   who suffer from serious hematologic diseases. We are building a portfolio
   of innovative, potentially first-in-class therapeutic candidates that aim
   to address a wide spectrum of hematologic diseases by targeting
   fundamental biological pathways of red blood cell biology, specifically
   heme biosynthesis and iron homeostasis. For more information, please visit
   www.discmedicine.com.

    

   ══════════════════════════════════════════════════════════════════════════

   Dissemination of a Regulatory Announcement, transmitted by EQS Group.
   The issuer is solely responsible for the content of this announcement.

   ══════════════════════════════════════════════════════════════════════════

   ISIN:           GB00BD045071
   Category Code:  PFU
   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.:   249984
   EQS News ID:    1653863


    
   End of Announcement EQS News Service

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