Talaris Therapeutics, Inc. (Nasdaq: TALS), a late-clinical stage
cell therapy company developing therapies with the potential to
transform the standard of care in solid organ transplantation and
severe immune and blood disorders, today announced a status update
on its Phase 3 FREEDOM-1 study in living donor kidney transplant
(LDKT) recipients.
On October 18, 2022, the Company received a report of a patient
death, which triggered a pre-specified, temporary stopping
requirement and review by the FREEDOM-1 Data Monitoring Committee
(DMC). After their review of this case, the DMC determined that
trial enrollment and dosing may continue. The Company has reported
this event and the DMC’s recommendation to the U.S. Food and Drug
Administration (FDA).
“We are exceptionally saddened by this news, and patient safety
remains our top priority. Kidney disease and its related effects
are why we are conducting FREEDOM-1, with the goal of improving the
lives of patients undergoing kidney transplantation,” said Talaris
CEO Scott Requadt.
The deceased patient was one of three study subjects reported in
June 2022 to have been diagnosed with grade II acute graft-vs-host
disease (aGvHD). As reported, this patient was also diagnosed with
moderate chronic GvHD that was responding to treatment at the time
of the update. The patient was recently hospitalized with grade IV
GvHD that was complicated by serious infections leading to
respiratory and renal failure, and ultimately death.
In June 2022, the Company provided a clinical update on its
FREEDOM-1 study and summarized an amendment to the trial protocol
following a review of all GvHD cases to date, spanning its Phase 2
and Phase 3 studies. The Company reported that the incidence of
GvHD in FCR001 subjects was correlated with high CD34+ cell counts
and high total nucleated cell counts in the FCR001 product. It also
noted a correlation between the use of plerixafor as a donor
mobilizing agent and an increased risk of GvHD, as plerixafor
significantly increased CD34+ and total nucleated cell counts in
the FCR001 product. The Company introduced two risk mitigation
measures for GvHD in the amended trial protocol: (1) elimination of
plerixafor as a donor mobilizing agent, and (2) addition of a
second post-transplant dose of cyclophosphamide, which has been
demonstrated to reduce the risk of severe GvHD in haplo-identical
allogeneic hematopoietic stem cell transplants.1
The deceased patient had a related, same-sex donor with an HLA
mismatch of 2/6. Although plerixafor was not used to mobilize this
donor, the starting FCR001 material contained a high number of
CD34+ cells and total nucleated cells, both of which had been
identified by the Company during its review as factors that
correlated with an increased risk of GvHD. The patient had not
received a second post-transplant dose of cyclophosphamide as the
patient was treated prior to the June 2022 protocol amendment.
At the date of this update, the other two FREEDOM-1 patients who
were previously reported to have had grade II aGvHD have
experienced complete resolution of their aGvHD symptoms, although
one patient experienced additional flares that were also responsive
to treatment.
After reviewing the facts of this case, the DMC concluded that
the FREEDOM-1 protocol modifications implemented in June 2022
should be sufficient to mitigate the risk of GvHD going forward,
and recommended continuation of the study without further
modifications.
About the FREEDOM-1 StudyFREEDOM-1 is a
randomized, controlled, open-label Phase 3 registrational study of
FCR001 in 120 adult LDKT recipients in the United States. The
primary endpoint of FREEDOM-1 is the proportion of kidney
transplant recipients treated with FCR001 who are free from chronic
IS, without biopsy-proven acute rejection (BPAR), at month 24
post-transplant. The last update on the FREEDOM-1 study was
provided on June 30, 2022, at which time the protocol amendment for
certain risk mitigation measures for GvHD was also announced.
About Talaris TherapeuticsTalaris Therapeutics,
Inc. is a late-clinical stage cell therapy company developing
therapies with the potential to transform the standard of care in
solid organ transplantation and severe immune and blood disorders.
Talaris maintains corporate offices in Boston, MA, its cell
processing facility in Louisville, KY, and additional research
operations in Houston, TX.
Cautionary Note Regarding Forward-Looking
Statements This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995, as amended, including, without limitation,
implied and express statements regarding Talaris Therapeutics,
Inc.’s (“Talaris,” the “Company,” “we,” or “our”) strategy,
business plans and focus; the progress and timing of the
preclinical and clinical development of Talaris’ programs,
including FCR001. The words “may,” “might,” “will,” “could,”
“would,” “should,” “expect,” “plan,” “anticipate,” “intend,”
“believe,” “expect,” “estimate,” “seek,” “predict,” “future,”
“project,” “potential,” “continue,” “target” or the negative of
these terms and similar words or expressions are intended to
identify forward-looking statements, although not all
forward-looking statements contain these identifying words.
Any forward-looking statements in this press release are based
on management's current expectations and beliefs and are subject to
a number of risks, uncertainties and important factors that may
cause actual events or results to differ materially from those
expressed or implied by any forward-looking statements contained in
this press release, including, without limitation, risks associated
with: the timing and anticipated timing and results of its clinical
trials, strategy and future operations, including the expected
timing and results from FREEDOM-1, expectations regarding the
updated mobilization protocol for FREEDOM-1, the risk that the FDA
may require us to pause or discontinue FREEDOM-1, the risk that the
results of Talaris’ prior clinical trials may not be predictive of
or consistent with future and/or final results in connection with
the Company’s ongoing or future clinical trials; the therapeutic
benefits expected from FCR001 and the Company’s ability to
successfully demonstrate its safety and efficacy. These and other
risks and uncertainties are described in greater detail in the
section entitled “Risk Factors” in the Company’s Quarterly Report
on Form 10-Q for the quarter ended June 30, 2022, as well as any
subsequent filings with the Securities and Exchange Commission. In
addition, any forward-looking statements represent Talaris’ views
only as of today and should not be relied upon as representing its
views as of any subsequent date. Talaris explicitly disclaims any
obligation to update any forward-looking statements. No
representations or warranties (expressed or implied) are made about
the accuracy of any such forward-looking statements.
Media ContactLisa RaffenspergerTen Bridge
Communicationslisa@tenbridgecommunications.com(617)
903-8783
Investor ContactChris BrinzeyICR
Westwickechris.brinzey@westwicke.com (339)
970-2843
1 Elmariah H, Fuchs EJ. Post-transplantation cyclophosphamide to
facilitate HLA-haploidentical hematopoietic cell transplantation:
Mechanisms and results. Semin Hematol. 2019 Jul;56(3):183-189.
Talaris Therapeutics (NASDAQ:TALS)
Historical Stock Chart
From Dec 2022 to Jan 2023
Talaris Therapeutics (NASDAQ:TALS)
Historical Stock Chart
From Jan 2022 to Jan 2023