May 12 (Reuters) - GENFIT SA GNFT.PA :
* ANNOUNCED ON MONDAY INTERIM ANALYSIS OF RESOLVE-IT PHASE 3
TRIAL
OF ELAFIBRANOR DID NOT DEMONSTRATE SIGNIFICANT EFFECT ON PRIMARY
ENDPOINT OF NASH RESOLUTION WITHOUT WORSENING OF FIBROSIS
* RESPONSE RATE IN THE 717 PATIENTS ENROLLED ON STUDY DRUG
WAS
19.2% FOR PATIENTS WHO RECEIVED ELAFIBRANOR 120MG COMPARED TO
14.7% FOR PATIENTS IN THE PLACEBO ARM
* ON THE FIBROSIS KEY SECONDARY ENDPOINT, 24.5% OF PATIENTS
WHO
RECEIVED ELAFIBRANOR 120MG ACHIEVED FIBROSIS IMPROVEMENT OF AT
LEAST ONE STAGE COMPARED TO 22.4% IN THE PLACEBO ARM
* THE OTHER KEY SECONDARY ENDPOINT RELATED TO METABOLIC
PARAMETERS
DID NOT ACHIEVE STATISTICAL SIGNIFICANCE
* SAFETY AND TOLERABILITY OF ELAFIBRANOR WAS CONSISTENT WITH
PREVIOUSLY CONDUCTED STUDIES
* WE PLAN TO SHARE THESE DETAILED FINDINGS WITH THE
REGULATORY
AUTHORITIES IN THE COMING MONTHS AND, WITH THEIR GUIDANCE,
DETERMINE A FINAL DECISION REGARDING THE CONTINUATION OF THE
RESOLVE-IT TRIAl - CEO
* WILL ENGAGE WITH REGULATORY AUTHORITIES TO DETERMINE NEXT
STEPS
REGARDING THE EXTENSION PHASE EVALUATING THE EFFECT OF
ELAFIBRANOR ON CLINICAL OUTCOMES
* WILL PROVIDE UPDATED GUIDANCE ON ITS GLOBAL CORPORATE
STRATEGY
LATER IN THE YEAR
* WILL CONTINUE AS PLANNED WITH NIS4TM AND PHASE 3 PBC
PROGRAMS
Source text for Eikon: ID:nGNE5T0lS1
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