Pacylex Pharmaceuticals CEO Presents Zelenirstat for Acute Myeloid Leukemia at the World Orphan Drug Congress

With Orphan drug and Fast Track designations, AML offers the fastest path for zelenirstat registration.

Key Takeaways

  • Zelenirstat Phase 1 established recommended Phase 2 dose (RP2D), and patients at that dose had a significant progression free and overall survival benefits over lower dose zelenirstat.
  • In vitro, ex vivo, and in vivo animal studies indicate NMT inhibition disrupts prosurvival signal initiation and oxidative phosphorylation in AML cells and completely regresses AML xenografts.
  • Orphan and Fast Track designations have been granted for AML and a US IND has cleared the FDA for an AML Phase 1/2 study.

Edmonton, Alberta, Canada April 22, 2024. Pacylex Pharmaceuticals Inc. (Pacylex) is a clinical-stage pharmaceutical company focused on the development of a new class of targeted therapies, N-myristoyltransferase inhibitors (NMTi) for the treatment of hematologic cancers and solid tumors. Today Pacylex announced that CEO Michael Weickert will present Phase 1 safety and efficacy results for zelenirstat and evidence supporting advancing it into clinical development in the Orphan Drug indication of Acute Myeloid Leukemia (AML) at the World Orphan Drug Congress USA 2024, Apr 23-25, 2024, at the Boston Convention and Exhibition Center, Boston, MA, United States

Details for the presentation are below. The Company’s CEO, Dr. Michael Weickert, will also be available during the conference for one-on-one meetings.

The Phase 1 dose escalation safety and tolerability study was conducted in 29 heavily pre-treated (median of 4 prior lines of drug therapy) solid tumor and lymphoma patients. Treatment related adverse events were observed in a minority of patients, and were self-limited mild to moderate gastrointestinal side effects. A recommended Phase 2 dose (RP2D) for expansion studies was established. Zelenirstat prolonged progression free and overall survival in Phase 1 solid tumor patients receiving the RP2D, compared to those receiving lower doses. Prolonged Stable Disease of 6 months or longer was observed in 57% (4/7) of the solid tumor patients receiving RP2D, including a patient with metastatic colorectal cancer who continues on treatment for more than 14 months with ongoing reductions of approximately 50% in CEA (carcinoembryonic antigen) and tumor volumes.

Preclinical studies including in vitro, ex vivo, and in vivo animal studies indicate NMT inhibition disrupts prosurvival signal initiation and oxidative phosphorylation in AML cells and completely regresses AML xenografts. Additional in vivo evidence indicates AML stem cells are even more sensitive to zelenirstat than blasts. This strongly suggests that AML patients are excellent candidates for zelenirstat, a once per day oral investigational therapy. Orphan and Fast Track designations have been granted for AML by the US FDA, and a US IND has cleared the FDA for an AML Phase 1/2 clinical study.

"Advancing zelenirstat into a second hematologic indication, AML, is a top priority for the company”, said Dr. Michael Weickert, CEO of Pacylex. “AML is among the cancers most likely to respond to NMT inhibition. The high mortality of patients who have failed other available therapies makes it urgent for us to bring zelenirstat to people with AML."

For additional information, please visit www.pacylex.com.

Pacylex Pharmaceuticals Contact: Michael J. Weickert

CEO, Pacylex Pharmaceuticals, Inc.

E: michael.weickert@pacylex.com

P: 650-218-1840

Twitter @Pacylex (https://twitter.com/pacylex

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About zelenirstat (PCLX-001)
Zelenirstat (formerly identified as PCLX-001) is a first-in-class, oral, small molecule NMTi being developed to treat patients with leukemia, lymphoma, and solid tumors. Zelenirstat selectively killed cancer cells in vitro and in animal models has been shown to regress hematologic malignancies and inhibit the growth of lung and breast cancer tumors. In AML models, zelenirstat preferentially killed leukemic stem enriched cell populations and allowed the regeneration and growth of normal bone marrow cells.

About zelenirstat Phase 1 and 2 studies 
Pacylex completed the dose escalation phase of a Phase 1 multiple ascending dose safety, tolerability, and pharmacokinetics study on zelenirstat in people with relapsed/refractory lymphoma and refractory solid tumors (NCT04836195). A recommended Phase 2 dose was determined. Zelenirstat demonstrated an acceptable safety and tolerability profile, pharmacokinetics consistent with once daily oral dosing, and early signs of efficacy.

Zelenirstat is currently being studied in a Phase 2a open-label study designed to evaluate the safety, tolerability, pharmacokinetics, pharmacodynamics, and clinical activity of zelenirstat in patients with relapsed/refractory B-cell non-Hodgkin Lymphoma (NHL) and a separate Phase 2a cohort in patients with refractory metastatic colorectal cancer that has progressed despite all available standard therapies. 

About Pacylex Pharmaceuticals
Pacylex is a clinical-stage pharmaceutical company headquartered in Edmonton, Alberta, Canada, targeting hematologic and solid cancers with orally bioavailable NMT inhibitors. Zelenirstat is the lead drug in a new class of NMT inhibitors, enabling Pacylex to exploit NMTs as new clinical targets for cancer treatment. Pacylex is conducting two multi-center Phase 2a studies in Canada in patients with relapsed/refractory NHL and refractory metastatic colorectal cancer. The IND for a Phase 1 multiple ascending dose study in acute myeloid leukemia (AML) has been cleared and the FDA has granted zelenirstat both Orphan Drug Designation and Fast Track Designation for AML. The US Department of Defense is supporting the initial clinical investigation of zelenirstat in patients with AML. The Cure Cancer Foundation supported initial clinical studies through its World’s Longest Games.

Forward-Looking Statements
This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws, such as statements relating to future events or the Company’s future financial and operating performance, as well as the Company’s business plans, growth initiatives, and objectives and prospects. Generally, forward-looking statements and forward-looking information may be identified by the use of forward-looking terminology, including the words “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “goal,” “expect,” “strategy,” “future,” “likely,” "proposed,” “scheduled,” “forecast,” “budget,” “could,” “would,” variations of such words of phrases and other similar expressions, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. However, the absence of these words does not mean that a statement is not forward looking. Forward-looking statements and forward-looking information are subject to numerous factors, risks and uncertainties that could cause actual results to differ materially, including, but not limited to, the Company’s ability to successfully execute on its business plans and strategies, avoid delays in planned clinical trials, hire and retain key personnel, obtain appropriate or necessary governmental approvals to market potential products and obtain future funding for product development and working capital on commercially reasonable terms, changes in laws, and  general macroeconomic conditions, including economic slowdowns, recessionary risks, rising inflation and interest rates, and supply chain disruptions. Forward-looking statements and forward-looking information are based on the beliefs of management as well as assumptions made by and information currently available to management as of the date hereof, and none of the Company or its affiliates undertakes any obligation to update or issue revisions to any forward-looking statements or forward-looking information contained herein to reflect any future events or circumstances, except as required by law. The foregoing does not constitute an offer or solicitation to acquire any securities in the Company or any related or associated entity or affiliate. The information contained herein is not intended as legal, tax, financial or investment advice. Furthermore, the information contained herein may not be applicable to or suitable for an individual’s specific circumstances or needs.







Key Takeaways

  • Zelenirstat Phase 1 established recommended Phase 2 dose (RP2D), and patients at that dose had a significant progression free and overall survival benefits over lower dose zelenirstat.
  • In vitro, ex vivo, and in vivo animal studies indicate NMT inhibition disrupts prosurvival signal initiation and oxidative phosphorylation in AML cells and completely regresses AML xenografts.
  • Orphan and Fast Track designations have been granted for AML and a US IND has cleared the FDA for an AML Phase 1/2 study.

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Quotes

Advancing zelenirstat into a second hematologic indication, AML, is a top priority for the company. AML is among the cancers most likely to respond...
Michael Weickert, PhDCEO of Pacylex

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Michael J. Weickert, PhD
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Dr. Weickert has been developing drugs at public and private companies for over 30 years. He has been CEO of Fe Pharmaceuticals, illumiSonics, Sonescence, and SEA Medical Systems, CBO of Strategent Life Sciences, Corium, and Therashock, COO of Greenfire Bio and Ohm Oncology, VP of development at SciDose and Auspex, and Senior Program Executive or Manager at Nektar and Ligand. Michael has driven oncology product development including Phase III/NDA for Targretin for Cutaneous T-cell Lymphoma, and business planning for drug delivery versions of the cancer drugs Leuprolide, Paclitaxel and Irinotecan. He obtained Orphan Drug and Fast Track designations for oncology-related products in the US and EU. Prior to joining the pharmaceutical industry, he was at the National Cancer Institute at NIH. He has a PhD in Genetics from the University of Wisconsin, Madison.
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Luc G. Berthiaume, PhD
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John Mackey, MD
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John is a medical oncologist and Professor of Oncology, University of Alberta, and Chair of the Alberta Pre-Phase I Cancer Program (www.prephaseone.com). As the former Director of Clinical Trials at the Cross Cancer Institute, and the former Executive Director of Translational Research In Oncology (TRIO), a global clinical trial company with its head office in Edmonton, he has experience with clinical trial operations to expedite the clinical evaluation of Pacylex diagnostics and therapeutics.
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Ryan has a background in research, technology commercialization, business development, and financing early stage companies. Ryan has provided business planning and company development for many early-stage, technology-based ventures in health-related fields in his previous positions as the Director of the Merck Invention Accelerator, with the University of Alberta, TEC Edmonton, and as an independent consultant. He also has nearly a decade of experience in the angel investing space as a Co-Founder and investor in Valhalla Private Capital. He holds a Masters in Experimental Oncology and an MBA from the University of Alberta.
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Contacts

Michael Weickert Ph.D
michael.weickert@pacylex.com
650-218-1840
Chief Executive Officer