Advertisement
New Zealand markets closed
  • NZX 50

    11,796.21
    -39.83 (-0.34%)
     
  • NZD/USD

    0.5892
    -0.0013 (-0.22%)
     
  • NZD/EUR

    0.5523
    -0.0022 (-0.39%)
     
  • ALL ORDS

    7,817.40
    -81.50 (-1.03%)
     
  • ASX 200

    7,567.30
    -74.80 (-0.98%)
     
  • OIL

    83.24
    +0.51 (+0.62%)
     
  • GOLD

    2,406.70
    +8.70 (+0.36%)
     
  • NASDAQ

    17,037.65
    -356.67 (-2.05%)
     
  • FTSE

    7,895.85
    +18.80 (+0.24%)
     
  • Dow Jones

    37,986.40
    +211.02 (+0.56%)
     
  • DAX

    17,737.36
    -100.04 (-0.56%)
     
  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • NZD/JPY

    91.0710
    -0.1830 (-0.20%)
     

Emerald Health Pharmaceuticals Receives IND Clearance to Begin Phase 2 Clinical Trial of EHP-101 for Relapsing Forms of Multiple Sclerosis

SAN DIEGO, CA, Jan. 11, 2022 (GLOBE NEWSWIRE) -- Emerald Health Pharmaceuticals Inc. (EHP or the Company), a clinical-stage biopharmaceutical company developing a new class of medicines to treat diseases with unmet medical needs, has received clearance of its Investigational New Drug (IND) application by the U.S. Food and Drug Administration (FDA) to begin enrolling patients in its Phase 2a clinical trial of EHP-101 for certain relapsing forms of multiple sclerosis (RMS), specifically relapsing-remitting MS (RRMS) and active secondary progressive MS (SPMS).

“The absence of therapeutic options that go beyond treating symptoms, inflammation and reducing the incidence of relapses represents a significant unmet need for multiple sclerosis patients,” said Dr. Jim DeMesa, Chief Executive Officer. “Our preclinical studies of EHP-101 demonstrated a promising effect on disease progression by preventing demyelination of the neurons, the major issue associated with MS, but also by stimulating their remyelination or regeneration of new myelin, in several multiple sclerosis animal models. We look forward to assessing some of the early indicators of activity of EHP-101 in this Phase 2a study of patients suffering from relapsing forms of MS, the most common disease course.”

The international Phase 2a, open-label, multicenter dose-finding study in patients with RMS will evaluate the safety, tolerability, and preliminary efficacy of the Company’s lead product candidate, EHP-101. The study is designed to enroll 50 patients who suffer from RMS in approximately 30 study centers in the US, the EU, and Australia. Patients will receive escalating doses administered once or twice daily and will be evaluated over a treatment duration of 24 weeks.

Along with assessments of safety and tolerability, efficacy endpoints in the Phase 2a MS study will include changes from baseline in brain lesion activity as measured by magnetic resonance imaging (MRI), disease progression and disability status, proportion of relapse-free patients, patient-reported outcomes, and assessments of biomarkers such as changes in neurofilament light chain levels in the blood, which is a well-known diagnostic, prognostic and disease monitoring biomarker for neurological diseases.

ADVERTISEMENT

About Multiple Sclerosis
Multiple sclerosis is an inflammatory and demyelinating disorder of the central nervous system affecting an estimated 2.3 million people worldwide. Myelin is a sheath around nerves that aids in conducting nerve impulses. Demyelination is a breakdown of this sheath and in people with MS it is not reversible naturally or through existing therapies. As MS progresses, it affects muscles, nerves, and joints, causing significant pain as well as spasms, stiffness, and difficulty chewing, swallowing, and speaking. Currently, approved MS drugs are all primarily intended to relieve symptoms and reduce the rate of relapses - none are curative. Four disease courses have been identified in MS: clinical isolated syndrome (CIS), relapsing-remitting MS (RRMS), primary progressive MS (PPMS) and secondary progressive MS (SPMS).

About Relapsing Forms of Multiple Sclerosis (RMS)
The relapsing forms of multiple sclerosis include RRMS, SPMS and CIS.

Relapsing remitting multiple sclerosis (RRMS) is defined by periodic neurologic symptoms caused by inflammatory attacks on myelin (the layers of insulating membranes surrounding nerve fibers in the central nervous system) as well as on nerve fibers themselves. During these inflammatory attacks, activated immune cells cause small, localized areas of damage (called demyelination) which produce the symptoms of MS. Approximately 85% of people with MS are initially diagnosed with RRMS.

Secondary progressive MS (SPMS) follows an initial relapsing-remitting course. Most people who are diagnosed with RRMS will eventually transition to a secondary progressive course in which there is a progressive worsening of neurologic function (accumulation of disability) over time. SPMS can be further characterized as either active (with relapses and/or evidence of new MRI activity during a specified period of time) or not active, as well as with progression (evidence of disability accrual over time, with or without relapses or new MRI activity) or without progression.

Clinical isolated syndrome (CIS) is a first episode of neurologic symptoms of MS. When CIS is accompanied by lesions on a brain MRI there is a high likelihood of a second episode and diagnosis of RRMS.

About Emerald Health Pharmaceuticals Inc.
Emerald Health Pharmaceuticals is developing product candidates for the treatment of CNS, autoimmune, and other diseases. The Company has two families of patented new chemical entities designed to affect validated receptors and pathways pertinent to targeted diseases. Its first drug product candidate, EHP-101, has entered Phase 2a for the treatment of systemic sclerosis, a severe form of scleroderma, and multiple sclerosis. Its second product candidate, EHP-102, is in preclinical development and is focused on treating Parkinson’s disease and Huntington’s disease. EHP-101 has received Orphan Drug Designation in the US and EU and Fast Track designation in the US for systemic sclerosis and EHP-102 has received Orphan Drug Designation in the US and EU for Huntington’s disease. For more information, visit http://www.emeraldpharma.com or contact EHP via email at info@emeraldpharma.com.

Forward Looking Statements
To the extent statements contained in this news release are not descriptions of historical facts regarding Emerald Health Pharmaceuticals Inc. they should be considered "forward-looking statements," as described in the private securities litigation reform act of 1995, that reflect management's current beliefs and expectations. You can identify forward-looking statements by words such as "anticipate," "believe," "could," "estimate," "expect," "forecast," "goal," "hope," "hypothesis," "intend," "may," "plan," "potential," "predict," "project," "should," "strategy," "will," "would," or the negative of those terms, and similar expressions that convey uncertainty of future events or outcomes. Forward-looking statements contained in this news release include, but are not limited to, statements regarding: (i) the success and timing of our product development activities and clinical trials; (ii) our ability to develop our product candidates; (iii) our plans to research, discover, evaluate and develop additional potential product, technology and business candidates and opportunities; (iv) the anticipated timing of clinical data availability; (v) our ability to meet our milestones; and (vi) our expectations regarding our ability to obtain and maintain intellectual property protection. Forward-looking statements are subject to known and unknown factors, risks and uncertainties that may cause actual results to differ materially from those expressed or implied by such forward-looking statements. Undue reliance should not be placed on forward-looking statements. We undertake no obligation to update any forward-looking statements. Emerald Health Pharmaceuticals' investigational drug products have not been approved or cleared by the FDA.