Daily Newsletter

08 August 2023

Daily Newsletter

08 August 2023

Apogee Therapeutics doses patients in atopic dermatitis drug trial

Initial safety and PK data from the trial are anticipated in the middle of next year.

US-based biotechnology company Apogee Therapeutics has dosed the first participants ahead of schedule in a Phase I study of APG777.

The trial aims to evaluate APG777's efficacy in adult subjects with moderate-to-severe atopic dermatitis (AD) and other inflammatory diseases.

It is being conducted as a placebo-controlled, double-blind trial that will include three single-ascending dose and two multiple-ascending dose components.

APG777 is a monoclonal antibody with an extended half-life targeting IL-13, which is a critical cytokine in inflammation and a primary driver of AD.

Apogee Therapeutics CEO Michael Henderson said: “The initiation of this Phase I study of APG777 represents an important advancement for Apogee, now a clinical-stage organisation, and for our discovery research collaboration with Paragon, a pioneer in developing best-in-class biologics for a range of diseases.

“By leveraging known targets with differentiated monoclonal antibodies, Apogee has the potential to improve the course of treatment for multiple inflammatory disorders, and APG777 is just the start of our strategy to develop a broad pipeline of potentially best-in-class product candidates.”

Around 40 healthy adult subjects will be enrolled in the trial and be given either APG777 subcutaneously or placebo.

The study’s primary endpoint is safety, while pharmacokinetics (PK) is a key secondary endpoint.

Initial safety and PK data from the trial are anticipated in the middle of next year.

Apogee chief medical officer Carl Dambkowski said: “Apogee is focused on delivering monoclonal antibody therapeutics with improved half-life and optimised potency, bioavailability and manufacturability.

“APG777 is the first realisation of these engineering efforts, with highly encouraging preclinical data that demonstrate APG777 has similar potency to current therapies, but with significantly longer half-life that could enable less frequent dosing.

“A new option providing dosing every two or three months could be a transformative change in the standard of care for moderate-to-severe AD patients.”

Healthcare companies are hesitant to invest in the metaverse

The COVID-19 pandemic pushed the healthcare industry to rapid digitalization. Increased use of telehealth, telepresence systems, remote diagnostics, predictive AI, and wearable technology is changing how healthcare is delivered and improving patient outcomes. Emerging technologies such as AR and VR are becoming increasingly routine for professional training, surgical assistance, and treatment of psychological and neurological disorders. In the pharma and medical devices industries, AR, VR, and AI are rapidly accelerating drug discovery and manufacturing and generating supply chain efficiencies. New digital opportunities will look to build upon disruptive technologies. However, affordability is a limiting factor to widespread adoption. Per GlobalData estimates, the metaverse market is expected to grow at a CAGR of more than 33% between 2023 and 2030. Although metaverse technologies could reinvent healthcare approaches and bring new experiences to healthcare providers and patients, adoption is still at an early stage. There are currently few use cases in the healthcare industry. The metaverse needs to overcome major challenges for healthcare, including regulation and data privacy concerns. Evidence of proven use cases and participation by a critical mass of users are imperative to drive a shift in metaverse investment.

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