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Biophytis Shares Fall As It Stops Enrollment In Sarconeos COVID-19 Trial, Data Expected In Q3 2022

Published 07/04/2022, 13:11
Updated 07/04/2022, 14:10
© Reuters.  Biophytis Shares Fall As It Stops Enrollment In Sarconeos COVID-19 Trial, Data Expected In Q3 2022
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  • Biophytis SA (NASDAQ: BPTS) said that it is currently assessing FDA comments and recommendations and preparing to submit Phase 2-3 trial designs for sarconeos (BIO101) trial in sarcopenia.
  • Enrollment is expected to start in 2H of 2022 in the SARA Phase 2 trial.
  • In October 2021, sarconeos at the highest dose of 350 mg bid demonstrated an increase of 0.09 meters per second (m/s) in the FAS population and 0.10 m/s in the PP population compared to placebo 400MWT in gait speed after six months of treatment.
  • Due to pandemic-related restrictions, 106 patients could perform the 400m walk test at the end-of-treatment visit, which was the primary endpoint of our study, which resulted in a 55% loss of efficacy data.
  • In January this year, the Company met FDA for conducting additional dose-finding and further definition of the proposed population and indication, CMC (chemistry, manufacturing, and control section) data to be submitted, and the regulatory non-clinical plan.
  • The Company anticipates having other discussions with the FDA in Q3 of 2022 and EMA in H1 2022 to get scientific advice.
  • Related: Why Are Biophytis Shares Trading Higher During Premarket Trading?
  • For the COVID-19 trial (COVA), the Company has stopped patient enrollment and is proceeding to close its clinical centers in Q2 2022 to report the study results in Q3 2022.
  • The initial target for the study was the recruitment of 310 to 465 patients. Since April 2020, 237 patients meeting the study criteria have been enrolled.
  • The Company noted that since the end of 2021, global immunity in Europe, the US, and Brazil, and vaccination campaigns have progressed.
  • Price Action: BPTS shares are down 13.50% at $2.18 during the premarket session on the last check Thursday.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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