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    Agilis Biotherapeutics Announces Orphan Designation Approval in Europe for the Treatment of Angelman Syndrome

    Investing News Network
    May. 04, 2016 09:30AM PST
    Biotech Investing

    CAMBRIDGE, Mass.–(BUSINESS WIRE)–Agilis Biotherapeutics, (Agilis), a biotechnology company advancing innovative DNA therapeutics for rare genetic diseases that affect the central nervous system (CNS), announced today that the European Commission (EC) has granted Orphan Medicinal Product (OMP) designation in the European Union (EU) to the Company’s gene therapy product candidate, AGIL-AS. The EC’s approval follows a …

    CAMBRIDGE, Mass.–(BUSINESS WIRE)–Agilis
    Biotherapeutics
    , (Agilis), a biotechnology company advancing
    innovative DNA therapeutics for rare genetic diseases that affect the
    central nervous system (CNS), announced today that the European
    Commission (EC) has granted Orphan Medicinal Product (OMP) designation
    in the European Union (EU) to the Company’s gene therapy product
    candidate, AGIL-AS. The EC’s approval follows a positive opinion in
    March from the European Medicine Agency’s (EMA) Committee for Orphan
    Medicinal Products (COMP). AGIL-AS is being developed for the treatment
    of Angelman syndrome (AS), a neuro-genetic
    disorder
     characterized by severe intellectual and developmental
    disability
    . AGIL-AS is the first therapeutic to receive orphan
    designation for Angelman syndrome in Europe.
    The orphan designation provides 10 years of market exclusivity for the
    product upon approval, and potential incentives for Agilis including
    Protocol Assistance (scientific advice for orphan products), and reduced
    filing and review fees with the EMA.
    “Receiving orphan status from the EC, in conjunction with the previous
    orphan drug designation from the US FDA, is another step on our path to
    bringing this important new medicine to patients in need of an
    effective, durable treatment,” said Mark Pykett, President and CEO of
    Agilis. “The orphan designation in Europe provides important benefits
    during development and commercialization, and represents important
    progress as we seek to bring this novel treatment for AS to the market.”
    Patricia Williams, Head of Regulatory Affairs at Agilis, said,
    “Receiving orphan designation for Angelman syndrome in Europe,
    represents an important regulatory milestone aimed at facilitating
    development of novel treatments for this difficult to treat disease.”
    AGIL-AS is an innovative gene therapy candidate being investigated to
    treat AS by using an AAV vector to deliver a corrective UBE3A gene to
    rescue neurological deficits in patients suffering from this disease. AS
    is a rare genetic disorder caused by the deletion or mutation of the
    UBE3A gene. UBE3A encodes the ubiquitin ligase E6-AP, a protein that
    plays a critical role in the function of the central nervous system.
    Characteristic features of AS include delayed development, intellectual
    disability, severe speech impairment, seizures and ataxia. According to
    The Foundation for Angelman Syndrome Therapeutics (FAST),
    the disorder strikes an estimated one in 15,000 live births.
    “Agilis’ receiving designation as an Orphan Medicinal Product is another
    exciting milestone achieved for the Angelman syndrome community,” said
    Paula Evans, Director of FAST. “We are thrilled with the news and are
    looking forward to participating in clinical trials when the therapeutic
    is available for evaluation.”
    EC Orphan Designation is granted to drugs that are intended for the
    treatment of life threatening or chronically debilitating rare diseases
    where no therapeutic options either exist or are satisfactory. Rare
    diseases are those defined as having a prevalence of less than five in
    10,000 in Europe. The designation provides sponsors with development and
    commercial incentives, including 10 years of market exclusivity,
    prioritized consultation by EMA on the development of the drug,
    including clinical studies, and certain exemptions from or reductions in
    regulatory fees.
    About Agilis Biotherapeutics, LLC
    Agilis is advancing innovative gene therapies designed to provide
    long-term efficacy for patients with debilitating, often fatal, rare
    genetic diseases that affect the central nervous system. Our therapies
    are engineered to impart sustainable clinical benefits, and potentially
    a functional cure, by inducing persistent expression of a therapeutic
    gene. The Company’s technologies are aimed at the precise targeting and
    restoration of a lost gene function, while avoiding unintended
    off-target effects. Our integrated strategy increases the efficiency of
    developing safe, targeted gene therapies that achieve long-term efficacy
    and enable patients to remain asymptomatic without continuous invasive
    treatment. Agilis’ rare disease programs are focused on gene therapy for
    AADC Deficiency, Friedreich’s ataxia, Angelman syndrome, and Fragile X
    syndrome, rare genetic diseases that include severe neurological
    deficits and result in physically debilitating conditions. We invite you
    to visit our website at www.agilisbio.com.
    Safe Harbor Statement
    Some of the statements made in this press release are forward-looking
    statements. These forward-looking statements are based upon our current
    expectations and projections about future events and generally relate to
    our plans, objectives and expectations for the development of our
    business. Although management believes that the plans and objectives
    reflected in or suggested by these forward-looking statements are
    reasonable, all forward-looking statements involve risks and
    uncertainties and actual future results may be materially different from
    the plans, objectives and expectations expressed in this press release.

    genetic disorderclinical studieseuropeclinical trialseuropean union
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