GlobeNewswire by notified

Galapagos demonstrates early clinical activity with SIK2/3 inhibition in inflammation

Share
  • Biologic effect of salt inducible kinase (SIK) mechanism in firstpatient studies supports further progression of Toledo portfolio
  • SIK2/3 inhibitorGLPG3970 generally safe and well-tolerated
  • Study in psoriasispatientsshowsimprovement in PASI score at Week 6
  • Study in ulcerative colitis (UC) patients shows signs of biologically important effects; does not translate to signal on Mayo score at Week 6
  • No signal observed in rheumatoid arthritis (RA)study at Week 6

Mechelen, Belgium; 14July2021; 22.01 CET; regulated informationGalapagos NV(Euronext & Nasdaq: GLPG)reports topline results with GLPG3970 in three patientstudies.GLPG3970, the first product candidatefrom a broad portfolio of SIK inhibitor compounds, provides clinicaldatasupporting the role of SIK inhibition in inflammation. SIK is a novel target class discovered by Galapagos.

Galapagos evaluated GLPG3970, a proprietary salt inducible kinase (SIK) 2/3 inhibitor, in three randomized, placebo-controlled, double-blind studies: a Phase 1b study in patients with moderate to severe psoriasis and two Phase 2a studies in patients with moderate to severely active UC and RA. GLPG3970 or placebo were administered orally once-daily for 6 weeks. Main objectives were to evaluate the safety and tolerability of GLPG3970 as well as early signs of biologic and clinical effect.

Across the three studies, GLPG3970 was generally safe and well tolerated. There were no deaths nor serious adverse events, and the majority of treatment emergent adverse events (TEAEs) were mild or moderate in nature.

CALOSOMA study: Phase 1b trial in psoriasis
This study randomized 26 patients with moderate to severe psoriasis in a 3:2 ratio, GLPG3970 to placebo. Two out of 15 patients discontinued in the treatment arm (COVID-19 and pruritus) versus 1 out of 11 on placebo (psoriatic arthropathy). 

At Week 6, four out of 13 patients on GLPG3970 had a PASI1 50 response, defined as at least a 50% improvement of baseline PASI, compared to none on placebo. Specifically, the four responders achieved 50%, 50%, 56%, and 77% improvement in their PASI scores from baseline, reaching statistical significance compared to placebo (p=0.002) at Week 6. Positive signals of clinical effect were also consistently observed for other endpoints, including affected Body Surface Area and physician and patient global assessment, versus placebo at Week 6.

SEA TURTLE study: Phase 2a trial in UC
This study randomized 31 biologic-naïve patients with moderate to severely active UC in a 2:1 ratio, GLPG3970 to placebo. One out of 21 patients discontinued in the active treatment arm (COVID-19) versus one out of 10 on placebo (QT abnormality at baseline). 

At Week 6, positive signals were observed in patients on GLPG3970 on objective parameters such as endoscopy, histology, and fecal calprotectin. These findings did not translate in a differentiation from placebo on change from baseline total Mayo Clinic Score in this 6-week study (GLPG3970 -2.7, placebo -2.6). Seven out of 18 patients on GLPG3970 who underwent endoscopy at Week 6 met the criteria for Endoscopic Improvement, defined as a score of 0 or 1 on the endoscopic response score, compared to one out of 9 patients on placebo. The robustness of these signals will be further examined when additional efficacy and biomarker data become available later this year.

LADYBUG study: Phase 2a trial in RA
This study randomized 28 patients with moderate to severely active RA and an inadequate response to methotrexate in a 3:2 ratio, GLPG3970 to placebo. Three out of 16 patients discontinued in the treatment arm (COVID-19, ALT increase and physician decision) versus 2 out of 12 on placebo (COVID-19).

At Week 6, patients on GLPG3970 showed no differentiation from placebo on change from baseline DAS28 (CRP)2 response (GLPG3970 -1.29, placebo -1.24), nor on the majority of other efficacy endpoints.

Further development of Toledo product portfolio
GLPG3970 is the first compound from Galapagos’ broad portfolio of novel molecules to provide clinical evidence for the potential role of SIK inhibition in inflammation. Biomarker data from these signal-finding studies with GLPG3970 will be further analyzed for signature profiles. Our aim with the Toledo program is to  explore this novel mode of action fully and bring forward improved molecules directed toward SIK2/3 as well as other SIK selectivity profiles. Galapagos currently has two compounds exhibiting SIK2/3 inhibition in preclinical development.

“We are excited to demonstrate, for the first time, important biologic and clinical effects with a SIK inhibitor in patients with inflammatory conditions. This is a major achievement when working on a novel mode of action target class. The CALOSOMA trial in psoriasis patients indicates clear proof of activity and the SEA TURTLE trial in ulcerative colitis patients provides encouraging results that support further development with Toledo compounds with improved pharmacology. In addition, these studies in patients confirm the safety and tolerability profile previously observed in healthy volunteers,” said Dr. Walid Abi-Saab, Chief Medical Officer of Galapagos. “The GLPG3970 broad dataset is an important step forward, and we aim to apply key learnings from these studies to the further development of our Toledo portfolio of SIK inhibitors.”

Galapagos intends to submit study outcomes with GLPG3970 for publication at scientific conferences and in peer-reviewed medical journals.

About Toledo
“Toledo” is an extensive program with a novel target class, SIK, whose potential role in inflammation was discovered by Galapagos. The Toledo program aims to treat a broad range of autoimmune conditions with important unmet medical needs. The Toledo platform delivers small molecule inhibitors of SIK targets with different selectivity profiles. The most advanced compound, SIK2/3 inhibitor GLPG3970, has shown immunomodulatory activity in vitro preclinically and ex vivo clinically with what Galapagos believes is a dual mode of action characterized by enhanced transcription of anti-inflammatory cytokines and inhibited transcription of pro-inflammatory cytokines. SIK inhibition has previously shown encouraging preclinical activity in a range of inflammatory disease models.

GLPG3970 is an investigational drug and not approved by any regulatory authority. Its efficacy and safety have not been established.

About Galapagos
Galapagos NV (Euronext & NASDAQ: GLPG) discovers and develops small molecule medicines with novel modes of action, several of which show promising patient results and are currently in clinical development in multiple diseases. Our pipeline comprises discovery through Phase 3 programs in inflammation, fibrosis, and other indications. Our ambition is to become a leading global biopharmaceutical company focused on the discovery, development, and commercialization of innovative medicines. More information at www.glpg.com.

This press release contains inside information within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation).

Contacts

Investors:
Elizabeth Goodwin
VP Investor Relations
+1 781 460 1784

Sofie Van Gijsel
Senior Director Investor Relations
+1 781 296 1143
ir@glpg.com

Media:
Kyra Obolensky
Senior Director Corporate Communications
+32 491 92 64 35

Evelyn Fox
Director Executive Communications
+31 65 3591 999
communications@glpg.com

Galapagos Forward-Looking Statements

Thispress release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those referred to in the forward-looking statements and, therefore, the reader should not place undue reliance on them. These risks, uncertainties and other factors include, without limitation, the risk that ongoing and future clinical studies with GLPG3970 may not be completed in the currently envisaged timelines or at all, the inherent uncertainties associated with competitive developments, clinical trial and product development activities and regulatory approval requirements (including that data from the ongoing and planned clinical research programs may not support registration or further development of GLPG3970 due to safety, efficacy or other reasons), Galapagos' reliance on collaborations with third parties and that Galapagos’ estimations regarding its GLPG3970 development program and regarding the commercial potential of GLPG3970 as well as regarding its Toledo platform, may be incorrect, as well as those risks and uncertainties identified in our Annual Report on Form 20-F for the year ended 31 December 2020 and our subsequent filings with the SEC. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. The forward-looking statements contained herein are based on management’s current expectations and beliefs and speak only as of the date hereof, and Galapagos makes no commitment to update or publicly release any revisions to forward-looking statements in order to reflect new information or subsequent events, circumstances or changes in expectations.


1 Psoriasis Area and Severity Index; an index used to express the severity of psoriasis. It combines the severity (erythema, induration and desquamation) and percentage of affected area

2 DAS28 is a RA Disease Activity Score based on a calculation that uses tender and swollen joint counts of 28 defined joints, the physician’s global health assessment and a serum marker for inflammation, such as C-reactive protein. DAS28 (CRP) includes the C-reactive protein score calculation

Attachment

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

NGS Group AB: NGS Groups företrädesemission övertecknad enligt preliminärt utfall26.4.2024 18:20:00 CEST | Pressemelding

Teckningsperioden i NGS Group AB:s (publ) (”NGS Group” eller ”Bolaget”) nyemission av aktier med företrädesrätt för befintliga aktieägare om ca 35,2 MSEK, före emissionskostnader (”Företrädesemissionen”) som beslutades av styrelsen den 29 februari 2024 och godkändes av den extra bolagsstämman den 26 mars 2024, avslutades idag den 26 april 2024. Det preliminära utfallet indikerar att teckningar och anmälningar om teckning med och utan stöd av teckningsrätter har erhållits motsvarande totalt cirka 145,6 procent av Företrädesemissionen. Slutligt utfall i Företrädesemissionen väntas offentliggöras genom pressmeddelande den 29 april 2024. Preliminärt utfall i Företrädesemissionen Teckningsperioden i Företrädesemissionen löpte fram till och med den 26 april 2024 och den preliminära sammanställningen visar att cirka 10 188 504 aktier, motsvarande cirka 94,1 procent av Företrädesemissionen tecknats med stöd av teckningsrätter. Därtill har teckningsanmälningar om cirka 5 570 754 aktier, motsvar

Millicom (Tigo) notice of first quarter 2024 results and video conference26.4.2024 18:13:53 CEST | Press release

Millicom (Tigo) notice of first quarter 2024 results and video conference Luxembourg, April 26, 2024 – Millicom expects to announce its first quarter 2024 results on May 8, 2024, via a press release. Millicom is planning to host a video conference for the global financial community on May 8, 2024, at 14:00 (Stockholm) / 13:00 (London) / 08:00 (Miami). Registration for the interactive event is required at the following link. After registering, you will receive a confirmation email containing details about joining the video conference. Participants who wish to ask a question during the live event must notify the Investor Relations team via email to investors@millicom.com after the start of the event. Participants may also join the conference in listen-only mode by dialing any of the following numbers and entering the Webinar ID: 822 3803 6738: US: +1 929 205 6099 Sweden: +46 850 539 728 UK: +44 330 088 5830 Luxembourg: +352 342 080 9265 Additional international numbers are available at t

Fly Play hf.: Ólafur Þór has decided to resign26.4.2024 18:03:00 CEST | Press release

Ólafur Þór Jóhannesson has decided to resign as Chief of Finance at PLAY airlines. Ólafur will remain as CFO at the company until his successor arrives. „Ólafur has been a great team member at PLAY. He was instrumental during the capital raise in Q1 and now leaves the company in a strong position. I wish Ólafur all the best in his upcoming ventures,“ says Einar Örn Ólafsson, CEO of PLAY. „I am truly grateful to have gotten the chance to be a part of this PLAY journey. After a successful capital raise, I feel it is the right time for me to step aside and turn my attention to other ventures. I would like to use this opportunity to wish PLAY and my colleagues all the best and I look forward to see the company take the next steps into a bright future,“ says Ólafur Þór Jóhannesson.

Implementation of new long-term share-based incentive programme26.4.2024 17:59:37 CEST | Press release

The board of directors of Svitzer Group A/S (the “Board of Directors”), CVR-no. 44791447, (“Svitzer Group” or the “Company”) has today decided to implement a new long-term share based incentive programme consisting of restricted share units (“RSUs”) for 2024 (the "LTI") and to implement an extraordinary share-based incentive programme in the form of one-off grants of RSUs related to completion of the demerger and separate listing of the Company ( “Extraordinary RSUs”) and grant a cash completion bonus to the members of the executive management and other eligible employees as also described in the prospectus published by Svitzer A/S on 22 March 2024. Long-term share-based incentive programme for 2024 The LTI for 2024 is share-based and designed to incentivise long-term performance, commitment, and retention of the members of the executive management and other eligible employees, as well as to promote alignment of their interests with those of the shareholders. Under the LTI for 2024, th

Svitzer Group A/S has now been established with contemplated first day of trading and official listing on Nasdaq Copenhagen A/S on 30 April 202426.4.2024 17:51:30 CEST | Press release

At the extraordinary general meeting of A.P. Møller - Mærsk A/S (“APMM”) held on 26 April 2024, it was resolved to complete the tax-exempt, partial demerger of APMM effected through a contribution of APMM’s shares in Svitzer A/S and its subsidiaries as well as certain other related assets and liabilities to a newly incorporated Danish limited liability company, Svitzer Group A/S (“Svitzer Group”). Thus, Svitzer Group has today been incorporated and registered with the Danish Business Authority with company registration number (CVR number) 44791447. The articles of association of Svitzer Group will be available on Svitzer Group’s website, www.svitzer.com. Svitzer Group has today submitted its application for admission to trading and official listing of its shares on Nasdaq Copenhagen A/S. The first day of trading and official listing of the shares in Svitzer Group on Nasdaq Copenhagen A/S is expected to take place on 30 April 2024 at 9.00 a.m. (CEST), under the permanent ISIN code DK006

HiddenA line styled icon from Orion Icon Library.Eye