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    ERYTECH Completes Patient Enrollment in Phase 2 Trial of eryaspase (GRASPA®)

    Chelsea Pratt
    Sep. 26, 2016 01:47AM PST
    Biotech Investing

    ERYTECH Pharma, a French biopharmaceutical company developing ‘tumor starvation’ treatments for acute leukemia and other oncology indications with unmet medical needs, today announced the final patient has been enrolled in its Phase 2 trial of eryaspase.

    ERYTECH Pharma (Paris:ERYP) (ADR:EYRYY) (Euronext Paris: ERYP), a French biopharmaceutical company developing ‘tumor starvation’ treatments for acute leukemia and other oncology indications with unmet medical needs, today announced the final patient has been enrolled in its Phase 2 trial of eryaspase, also known as ERY-ASP or GRASPA®, for the treatment of pancreatic cancer.
    The multicenter, randomized Phase 2 trial is evaluating eryaspase as a
    second-line treatment of patients with metastatic pancreatic cancer. In
    the study conducted in France, eryaspase was added to the standard of
    care (currently Gemcitabine or FOLFOX regimen) and then compared to the
    standard of care alone in a 2-to-1 randomization. The primary endpoint
    of the trial is progression-free survival (PFS) at four months.
    The trial has completed enrollment of 139 patients and we expect to
    report primary results from this trial by early 2017.
    “The Phase 2 trial of eryaspase for pancreatic cancer is, to our
    knowledge, the largest cohort of solid tumor patients treated with an
    asparaginase-based product to date,” said Gil Beyen, Chairman and CEO of
    ERYTECH. “Previously, deprivation of asparagine has shown to limit
    growth of pancreatic and other solid tumors in preclinical models, but
    clinical proof of concept has not yet been established. We believe a
    positive efficacy signal in this trial could open a potentially large
    application area for asparagine depletion in certain solid tumors.”

    About pancreatic cancer:
    Pancreatic cancer is a disease in which malignant (cancer) cells are
    found in the tissues of the pancreas. Every year there are about 150,000
    new cases of pancreatic cancer diagnosed in Europe and the United
    States. Pancreatic cancer is a particularly aggressive cancer, with a
    five-year survival rate of less than 10% and is currently the fourth
    most common cause of cancer death in the EU for men and women.
    Pancreatic cancer could be a suitable indication for eryaspase because
    it involves a large proportion of tumors that are believed to be
    sensitive to asparagine depletion, allowing it to potentially have an
    impact.
    About ERYTECH and eryaspase (ERY-ASP/GRASPA®): www.erytech.com
    Founded in Lyon, France in 2004, ERYTECH is a clinical-stage
    biopharmaceutical company developing innovative therapies for rare forms
    of cancer and orphan diseases. Leveraging its proprietary ERYCAPS
    platform, which uses a novel technology to encapsulate therapeutic drug
    substances inside red blood cells, ERYTECH has developed a pipeline of
    product candidates targeting markets with high unmet medical needs.
    ERYTECH’s initial focus is on the treatment of blood cancers, including
    acute lymphoblastic leukemia (ALL) and acute myeloid leukemia (AML), by
    depriving tumors of nutrients necessary for their survival. ERYTECH has
    recently filed for European Marketing Authorization for its lead product
    candidate, eryaspase, also known as ERY-ASP or under the trade name
    GRASPA®, following positive efficacy and safety results from its
    completed Phase 2/3 pivotal clinical trial in Europe in children and
    adults with relapsed or refractory ALL. ERYTECH also has an ongoing
    Phase 1 clinical trial of eryaspase in the United States in adults with
    newly diagnosed ALL, and a Phase 2b clinical trial in Europe in elderly
    patients with newly diagnosed AML, each in combination with chemotherapy.
    Eryaspase consists of an enzyme, L-asparaginase, encapsulated inside
    donor-derived red blood cells. L-asparaginase depletes asparagine, a
    naturally occurring amino acid essential for the survival and
    proliferation of cancer cells, from circulating blood plasma. Every year
    over 50,000 patients in Europe and the United States are diagnosed with
    ALL or AML. For about 80% of these patients, mainly adults and relapsing
    patients, current forms of L-asparaginase cannot be used due to their
    toxicity or as a result of allergic reactions. ERYTECH believes that the
    safety and efficacy profile of eryaspase (GRASPA®), as observed in its
    Phase 2/3 pivotal clinical trial, offers an attractive alternative
    option for the treatment of leukemia patients.
    ERYTECH believes that eryaspase has the potential as a treatment
    approach in solid tumors and is conducting a Phase 2 clinical trial in
    Europe in patients with metastatic pancreatic cancer.
    In addition to its current product candidates that focus on using
    encapsulated enzymes to induce tumor starvation, ERYTECH is exploring
    the use of its platform for developing cancer vaccines and enzyme
    replacement therapies.
    The EMA and the U.S. Food and Drug Administration (FDA) have granted
    orphan drug designations for eryaspase for the treatment of ALL, AML and
    pancreatic cancer. ERYTECH produces eryaspase at its own GMP-approved
    and operational manufacturing site in Lyon (France), and at a site for
    clinical production in Philadelphia (USA). ERYTECH has entered into
    licensing and distribution partnership agreements for eryaspase for ALL
    and AML in Europe with Orphan Europe (Recordati Group), and for ALL in
    Israel with TEVA, which will market the product under the GRASPA® brand
    name.
    ERYTECH is listed on Euronext regulated market in Paris (ISIN code:
    FR0011471135, ticker: ERYP) and is part of the CAC Healthcare, CAC
    Pharma & Bio, CAC Mid & Small, CAC All Tradable, EnterNext PEA-PME 150
    and Next Biotech indexes. ERYTECH is also listed in the U.S. under an
    ADR level 1 program (OTC, ticker EYRYY).

    Forward-looking information
    This document may contain forward-looking statements and estimates with
    respect to the financial position, results of operations, business
    strategy, plans, objectives and anticipated future performance of
    ERYTECH and of the market in which it operates. Certain of these
    statements, forecasts and estimates can be recognized by the use of
    words such as, without limitation, “believes”, “anticipates”, “expects”,
    “intends”, “plans”, “seeks”, “estimates”, “may”, “will” and “continue”
    and similar expressions. They include all matters that are not
    historical facts. Such statements, forecasts and estimates are based on
    various assumptions and assessments of known and unknown risks,
    uncertainties and other factors, which were deemed reasonable when made
    but may or may not prove to be correct. Actual events are difficult to
    predict and may depend upon factors that are beyond ERYTECH’s control.
    There can be no guarantees with respect to pipeline product candidates
    that the candidates will receive the necessary regulatory approvals or
    that they will prove to be commercially successful. Therefore, actual
    results may turn out to be materially different from the anticipated
    future results, performance or achievements expressed or implied by such
    statements, forecasts and estimates. Documents filed by ERYTECH Pharma
    with the French Autorité des Marchés Financiers (www.amf-france.org),
    also available on ERYTECH’s website (www.erytech.com)
    describe such risks and uncertainties. Given these uncertainties, no
    representations are made as to the accuracy or fairness of such
    forward-looking statements, forecasts and estimates. Furthermore,
    forward-looking statements, forecasts and estimates only speak as of the
    date of the publication of this document. Readers are cautioned not to
    place undue reliance on any of these forward-looking statements. ERYTECH
    disclaims any obligation to update any such forward-looking statement,
    forecast or estimates to reflect any change in ERYTECH’s expectations
    with regard thereto, or any change in events, conditions or
    circumstances on which any such statement, forecast or estimate is
    based, except to the extent required by law.

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