Imago BioSciences Announces First Participant Dosed in Investigator-Sponsored Phase 2 Study of Bomedemstat in Combination with Ruxolitinib in Myelofibrosis
December 20 2022 - 4:05PM
Imago BioSciences, Inc. (“Imago” or the “Company”) (Nasdaq: IMGO),
a clinical-stage biopharmaceutical company discovering and
developing new medicines for the treatment of myeloproliferative
neoplasms (MPNs) and other bone marrow diseases, today announced
that the first participant has been dosed in
an investigator-sponsored Phase 2 study of bomedemstat,
an investigational oral lysine-specific demethylase 1 (LSD1)
inhibitor, in combination with ruxolitinib (Jakafi®) in people with
myelofibrosis (MF). Ruxolitinib is a kinase inhibitor approved by
the U.S. Food and Drug Administration (FDA) for multiple
indications, including the treatment of intermediate or high-risk
MF.
The Phase 2 open-label study is being conducted at the
Department of Medicine, Queen Mary Hospital and the University
of Hong Kong and led by Harinder Gill, M.D. It will enroll
approximately 20 participants diagnosed with MF who are either JAK
inhibitor naïve or refractory to, relapsed or intolerant of
ruxolitinib to assess the safety and efficacy of bomedemstat in
combination with ruxolitinib. Treatment cycles will last for 28
days, consisting of an oral administration of both bomedemstat and
ruxolitinib once daily.
“We are excited that the University of Hong Kong has interest in
exploring the potential use of bomedemstat in combination with
ruxolitinib for the treatment of myelofibrosis,” said Hugh Y.
Rienhoff, Jr., M.D., Chief Executive Officer of Imago BioSciences.
“Bomedemstat, through the inhibition of LSD1, regulates stem cell
activity as well as the maturation of megakaryocytes, both of which
are key to the pathophysiology of MF. This study explores the
possibility that this new combination regimen will serve as a
treatment option for patients who have had inadequate symptom
relief or spleen volume reduction with ruxolitinib alone.”
In ongoing Phase 2 studies, bomedemstat has been generally
well-tolerated and has demonstrated significant symptom improvement
for patients with myelofibrosis and essential thrombocythemia.
Additional information about the study can be found
at www.clinicaltrials.gov using the identifier
NCT05569538.
About Imago BioSciences
Imago BioSciences is a clinical-stage biopharmaceutical company
discovering and developing novel small molecule product candidates
that target lysine-specific demethylase 1 (LSD1), an enzyme that
plays a central role in the production of blood cells in the bone
marrow. Imago is focused on improving the quality and length of
life for patients with cancer and bone marrow diseases.
Bomedemstat, an orally available, small molecule inhibitor of LSD1,
is the lead product candidate discovered by Imago for the treatment
of certain myeloproliferative neoplasms (MPNs), a family of
related, chronic cancers of the bone marrow. Imago is evaluating
bomedemstat as a potentially disease-modifying therapy in two Phase
2 clinical trials for the treatment of essential thrombocythemia
(NCT04254978) and myelofibrosis (NCT03136185). Bomedemstat has U.S.
FDA Orphan Drug and Fast Track Designation for the treatment of ET
and MF, European Medicines Agency (EMA) Orphan Designation for the
treatment of ET and MF, and PRIority MEdicines (PRIME) Designation
by the EMA for the treatment of MF. The Company is based in Redwood
City, California. To learn more,
visit www.imagobio.com, www.myelofibrosisclinicalstudy.com, www.etclinicalstudy.com and
follow us on
Twitter @ImagoBioRx, Facebook and LinkedIn.
Forward Looking Statements
All statements, other than statements of
historical facts, contained in this press release, including
statements regarding the results, conduct, progress and timing of
Imago clinical trials, the regulatory approval path for
bomedemstat, and plans for future operations and information
related to Imago, are forward-looking statements. Any
forward-looking statements are based on management’s current
expectations of future events and are subject to a number of risks
and uncertainties that could cause actual results to differ
materially and adversely from those set forth in, or implied by,
such forward-looking statements. These risks and uncertainties
include, but are not limited to, Imago’s limited operating history
and lack of products for commercial sale; Imago’s dependence on
development, regulatory approval and commercialization of its
product candidates; difficulties in enrolling patients and risks of
substantial delays in its clinical trials; Imago’s minimal control
over product candidates in investigator-initiated clinical trials;
uncertainties in the cost and outcomes of its clinical studies and
the acceptance for presentation at medical meetings of data from
such clinical studies; uncertainties in the regulatory review and
approval of Imago’s product candidates if its pivotal studies are
positive; potentially material changes to the interim, top-line and
preliminary data from its clinical trials; potential undesirable
effects of Imago’s product candidates and safety or supply issues,
in each case with respect to its product candidates alone or in
combination with other compounds or products; Imago’s potential
inability to obtain and maintain orphan drug designation and delays
in approvals despite FDA Fast Track designation for expedited
review; risks related to clinical trials outside of the United
States; Imago’s need to manufacture adequate supplies, including
multiple batches of bomedemstat, using a commercial current Good
Manufacturing Practice; risks related to information technology
system and cybersecurity; risks related to misconduct of Imago’s
employees and independent contractors; risks related to hazardous
materials and Imago’s compliance with environmental laws and
regulations; risks related to litigation and other claims; risks
related to reliance on third parties to conduct and support
preclinical studies and clinical trials, and to manufacture Imago’s
product candidates; risks related to third-party intellectual
property infringement claims and Imago’s ability to protect its own
intellectual property; risks related to governmental policies and
regulations, including with respect to drug prices and
reimbursement, and changes thereof.
Further descriptions of risks and uncertainties
relating to Imago can be found in Imago’s Quarterly Report on Form
10-Q for the quarter ended September 30, 2022, its Annual Report on
Form 10-K for the year ended December 31, 2021 and subsequent
Current Reports on Form 8-K, all of which are filed with the SEC
and available at www.sec.gov and
https://ir.imagobio.com/financial-information/sec-filings.
You should not place undue reliance on any
forward-looking statements. Forward-looking statements should not
be read as a guarantee of future performance or results and will
not necessarily be accurate indications of the times at, or by,
which such performance or results will be achieved, if at all.
Except as required by law, Imago does not undertake any obligation
to publicly update or revise any forward-looking statement, whether
as a result of new information, future developments or
otherwise.
Contacts:Media Contact:Will
ZasadnyEvoke Canalewill.zasadny@evokegroup.com
Investor Contact:Laurence WattsGilmartin Group,
LLC.Laurence@gilmartinir.com
Imago BioSciences (NASDAQ:IMGO)
Historical Stock Chart
From Nov 2024 to Dec 2024
Imago BioSciences (NASDAQ:IMGO)
Historical Stock Chart
From Dec 2023 to Dec 2024