OS Therapies Forms Osteosarcoma Patient Advocacy Advisory Board
02 Agosto 2024 - 2:55PM
Business Wire
OS Therapies Incorporated (“OS Therapies” or the
“Company”) (NYSE-A: OSTX), a Cancer Immunotherapy and Antibody Drug
Conjugate (ADC) biopharmaceutical company, today announced the
formation of a Patient Advocacy Advisory Board (PAAB) for its
osteosarcoma program. The purpose of the PAAB is to represent
voices from the osteosarcoma community regarding the need for new
therapies as the Company prepares to engage in discussions with the
US Food & Drug Administration (FDA). In particular, regarding a
potential Biologics License Authorization (BLA) for OST-HER2 for
the treatment of osteosarcoma following the completion of the
ongoing clinical trial for OST-HER2 - the Company’s
immunotherapeutic product candidate.
Members of the PAAB include:
- Miriam Cohen – Chair of Osteosarcoma Collaborative
- Mac Tichenor – Chair of Osteosarcoma Institute
- Tony Trent – Chair of Tyler Trent Foundation
- Olivia Egge – Osteosarcoma Patient, OSTX Board
- Serena Subada – Osteosarcoma Patient, AOST-2121 OST-HER2 Trial
Participant
Members of the PAAB will not receive financial compensation from
OS Therapies. Members expect to meet on a quarterly basis to review
information with regards to progress in the OS Therapies’
osteosarcoma clinical program, and the meetings will be chaired by
the Company’s CEO.
OS Therapies’ lead product candidate, OST-HER2, is an innovative
immunotherapy using a HER2 bioengineered form of the bacteria
Listeria monocytogenes (Lm) to trigger a strong immune response
against cancer cells expressing HER2. This off-the-shelf
immunotherapy treatment is designed to prevent metastasis, delay
recurrence, kill primary tumors expressing HER2 and increase
overall survival. The Company has fully enrolled a potentially
pivotal Phase IIb clinical trial in recurred, resected
osteosarcoma, dosing 41 patients with OST-HER2 at 21 clinical trial
sites across the United States. Positive interim data was reported
in June 2024 with topline data expected in the fourth quarter of
2024.
OST-HER2 has received Rare Pediatric Disease Designation (RPDD)
from the FDA and Fast Track and Orphan Drug Designations from the
FDA and European Medicines Agency (EMA).
OS Therapies is seeking Breakthrough Therapy Designation for
OST-HER2 for osteosarcoma from the FDA based on data from its Phase
IIb clinical trial. Upon any BLA from the FDA for OST-HER2 in
osteosarcoma, the Company will be granted a Priority Review Voucher
based upon the RPDD. In 2023, the US FDA approved 28 drugs and 12
biologics for the treatment of orphan diseases. OST-HER2 has
completed a Phase 1 clinical trial, primarily in breast cancer
patients, in addition to strong preclinical data demonstrating
efficacy on a standalone basis and in combination with
HER2-targeting therapeutic antibodies such as Herceptin®. The
Company intends to pursue therapeutic development of OST-HER2 in
breast cancer following FDA approval for OST-HER2 in
osteosarcoma.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any securities in the offering, nor
shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
About Osteosarcoma
Osteosarcoma is a solid tumor of the bone that predominantly
occurs in children and young adults. It is an extremely challenging
and often aggressive cancer that has particular treatment
challenges due to its location, changing genotypes and high
recurrence rates. Standard treatment includes surgery and
chemotherapy. For patients with metastatic or recurrence after
chemotherapy, there is a significantly poorer prognosis.
About OS Therapies
OS Therapies is a clinical stage oncology company focused on the
identification, development and commercialization of treatments for
Osteosarcoma (OS) and other solid tumors. OST-HER2, the Company’s
lead asset, is an immunotherapy leveraging the immune-stimulatory
effects of Listeria bacteria to initiate a strong immune response
targeting the HER2 protein. The Company has completed enrollment
for a 41-patient Phase 2b clinical trial of OST-HER2 in resected,
recurrent osteosarcoma, with results expected in the fourth quarter
of 2024. OST-HER2 has completed a Phase 1 clinical study primarily
in breast cancer patients, in addition to showing strong
preclinical efficacy data in various models of breast cancer. In
addition, OS Therapies is advancing its next generation Antibody
Drug Conjugate (ADC) platform, known as tunable ADC (tADC), which
features tunable, tailored antibody-linker-payload candidates. This
platform leverages the Company’s proprietary silicone linker
technology, enabling the delivery of multiple payloads per linker.
For more information, please visit www.ostherapies.com.
Forward-Looking Statements
Statements in this press release about future expectations,
plans and prospects, as well as any other statements regarding
matters that are not historical facts, may constitute
forward-looking statements within the meaning of the federal
securities laws. These forward-looking statements and terms such as
“anticipate,” “expect,” “intend,” “may,” “will,” “should” or other
comparable terms involve risks and uncertainties because they
relate to events and depend on circumstances that will occur in the
future. Those statements include statements regarding the offer and
sale of shares, the timing of the listing of OS Therapies’ common
stock on the NYSE American, the timing of the closing of the
offering, the use of the proceeds from the sale of shares of common
stock in the offering, and the intent, belief or current
expectations of OS Therapies and members of its management, as well
as the assumptions on which such statements are based. Prospective
investors are cautioned that any such forward-looking statements
are not guarantees of future performance and involve risks and
uncertainties, including those described under the caption “Risk
Factors” and elsewhere in the prospectus filed with the SEC
relating to the offering and that actual results may differ
materially from those indicated by such forward-looking statements.
Any forward-looking statements contained in this press release
speak only as of the date hereof, and, except as required by the
federal securities laws, OS Therapies specifically disclaims any
obligation to update any forward-looking statement, whether as a
result of new information, future events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20240802033946/en/
Corporate and Media Contact: Jack Doll 410-297-7793
irpr@ostherapies.com
Investor Relations: Dave Gentry RedChip Companies, Inc.
1-407-644-4256 OSTX@redchip.com
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