Synlogic Receives Positive Opinion on Orphan Designation from the European Medicines Agency for SYNB1934 for the Treatment of Phenylketonuria
March 28 2023 - 06:52AM
GlobeNewswire Inc.
Synlogic, Inc. (Nasdaq: SYBX), the leading company advancing
therapeutics based on synthetic biology, today announced that the
European Medicines Agency (EMA) issued a positive opinion on the
Company’s application for orphan designation for SYNB1934 for the
treatment of phenylketonuria (PKU).
“We are pleased that the EMA has issued a positive opinion for
orphan designation for SYNB1934, in recognition of the urgent need
for new treatment options for people living with this devastating
disease,” said Aoife Brennan, M.B. Ch.B., Synlogic President
and Chief Executive Officer. “This designation also comes at a
pivotal time as we prepare to begin our Phase 3 trial for PKU in
the first half of this year.”
SYNB1934 has also been granted Rare Pediatric Disease
Designation by the U.S. Food and Drug Administration (FDA).
About the European Medicines Agency Orphan
Designation
The EMA’s orphan designation is available to companies
developing treatments for life-threatening or chronically
debilitating conditions that affect fewer than five in
10,000 persons in the European Union (EU). Medicines that
meet the EMA’s orphan designation criteria qualify for financial
and regulatory incentives that include a 10-year period of
marketing exclusivity in the EU after product approval, protocol
assistance from the EMA at reduced fees during the product
development phase and access to centralized marketing
authorization.
About SYNB1934
SYNB1934 is an orally administered, non-systemically absorbed
drug candidate being studied as potential biotherapeutic for
phenylketonuria (PKU). PKU is an inherited rare metabolic disease
caused by an inborn error of metabolism that impairs the breakdown
of phenylalanine (Phe), an amino acid found in all
protein-containing foods. Treatment options for PKU are currently
limited, with a majority of individuals with PKU in need of
treatment or not adequately responding to treatment. Synlogic
designed SYNB1934 to reduce levels of Phe in people with PKU by
consuming Phe in the gastrointestinal (GI) tract, using genetic
engineering of the well-characterized probiotic E. coli Nissle.
Findings to date support the potential for an oral, efficacious,
safe, convenient, and flexible treatment option for PKU. SYNB1934
has also been granted Rare Pediatric Disease Designation by the
U.S. Food and Drug Administration (FDA).
About Synlogic
Synlogic is the leading company advancing therapeutics based on
synthetic biology. Synlogic’s pipeline includes its lead program in
phenylketonuria (PKU), which has demonstrated proof of concept with
plans to start a pivotal, Phase 3 study in the first half of 2023,
and additional novel drug candidates designed to treat
homocystinuria (HCU), enteric hyperoxaluria and gout. The rapid
advancement of these potential biotherapeutics, called Synthetic
Biotics, has been enabled by Synlogic’s reproducible,
target-specific drug design. Synlogic uses programmable,
precision genetic engineering of well-characterized probiotics to
exert localized activity for therapeutic benefit, with a focus on
metabolic and immunological diseases. In addition to its clinical
programs, Synlogic has a research collaboration with
Roche on the discovery of a novel Synthetic Biotic for the
treatment of inflammatory bowel disease (IBD). Synlogic has also
developed two drug candidates through a research collaboration with
Ginkgo Bioworks: SYNB1353, designed to consume methionine for the
potential treatment of HCU, and SYNB2081, designed to lower uric
acid for the potential treatment of gout. For additional
information visit www.synlogictx.com.
Forward-Looking Statements
This press release contains "forward-looking statements" that
involve substantial risks and uncertainties for purposes of the
safe harbor provided by the Private Securities Litigation Reform
Act of 1995. All statements, other than statements of historical
facts, included in this press release regarding strategy, future
operations, clinical development plans, future financial position,
future revenue, projected expenses, prospects, plans and objectives
of management are forward-looking statements. In addition, when or
if used in this press release, the words "may," "could," "should,"
"anticipate," "believe," "look forward, " "estimate," "expect,"
"intend," "on track, " "plan," "predict" and similar expressions
and their variants, as they relate to Synlogic, may identify
forward-looking statements. Examples of forward-looking statements,
include, but are not limited to, statements regarding the potential
of Synlogic's approach to Synthetic Biotics to develop
therapeutics to address a wide range of diseases including: inborn
errors of metabolism and inflammatory and immune disorders; our
expectations about sufficiency of our existing cash balance; the
future clinical development of Synthetic Biotics; the
approach Synlogic is taking to discover and develop novel
therapeutics using synthetic biology; and the expected timing
of Synlogic's clinical trials of SYNB1934, SYNB1353,
SYNB8802 and SYNB2081 and availability of clinical trial data.
Actual results could differ materially from those contained in any
forward-looking statements as a result of various factors,
including: the uncertainties inherent in the clinical and
preclinical development process; the ability
of Synlogic to protect its intellectual property rights;
and legislative, regulatory, political and economic developments,
as well as those risks identified under the heading "Risk Factors"
in Synlogic's filings with the U.S. Securities and
Exchange Commission. The forward-looking statements contained in
this press release reflect Synlogic's current views with
respect to future events. Synlogic anticipates that
subsequent events and developments will cause its views to change.
However, while Synlogic may elect to update these
forward-looking statements in the
future, Synlogic specifically disclaims any obligation to
do so. These forward-looking statements should not be relied upon
as representing Synlogic's view as of any date subsequent
to the date hereof.
Media Contact: media@synlogictx.com
Investor Relations: investor@synlogictx.com
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