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First Patient Dosed in Phase II Trial to Treat Complications in COVID-19

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Arch Biopartners Inc. has commenced its Phase II trial of LSALT peptide, aimed at preventing acute lung and kidney injuries in COVID-19 patients. The first patient was dosed at Broward Health Medical Center, with recruitment expanding soon to Louisiana and Turkey. This international, double-blind trial will assess LSALT's efficacy in mitigating severe organ inflammation connected to COVID-19 complications. Results will inform the design of a subsequent Phase III trial, which will involve a larger patient population.

Positive
  • Initiation of Phase II trial for LSALT peptide indicates progress in drug development.
  • First patient dosed in a clinical setting, showcasing operational momentum.
  • International recruitment strategy expands potential patient base.
Negative
  • None.

TORONTO, Oct. 16, 2020 (GLOBE NEWSWIRE) -- Arch Biopartners Inc. (“Arch” or the “Company”) (TSX Venture: ARCH and OTCQB: ACHFF), announced today it has dosed the first patient in the Phase II trial of its lead drug LSALT peptide, targeting prevention of acute lung injury, acute kidney injury and other complications caused by inflammation in hospitalized patients with moderate to severe cases of COVID-19.

The first patient dosed was at the Broward Health Medical Center in Florida where patient recruitment into the trial continues. Arch will begin screening and recruiting patients next week at clinical sites in Louisiana and in Turkey.

About the Phase II trial for LSALT Peptide

The Phase II trial is an international, multicenter, randomized, double-blind, placebo-controlled, proof of concept study of LSALT peptide (Metablok) as prevention of organ inflammation known to trigger acute respiratory distress syndrome (ARDS) and acute kidney injury (AKI) in patients infected with SARS-CoV-2 (COVID-19).

The composite primary endpoint of the phase II trial reflects the severe effects often experienced by hospitalized COVID-19 patients and deemed appropriate for LSALT peptide’s novel mechanism of action in blocking consequential inflammation in the lungs and kidneys.

The Phase II results will be used to design the Phase III trial, including greater patient numbers to more fully evaluate efficacy and safety in COVID patients.

About COVID-19

COVID-19 is the disease caused by the novel coronavirus SARS-CoV-2 that emerged in China in late 2019. Severe complications from COVID-19 are in large part due to excessive host immune responses to the virus that result in progressive lung inflammation and acute respiratory distress syndrome that often requires mechanical ventilation and critical care1. Patients with severe COVID-19 also experience multiple organ dysfunction including acute kidney injury, liver dysfunction, cardiac failure, and blood abnormalities. Currently, no approved vaccine or effective antiviral drug exists for SARS-CoV-2. Treatment of severe COVID-19 has been primarily supportive, relying heavily on respiratory, infectious disease and critical care medicine.

Survival rates and health care system capacity could both be improved with new treatments that prevent the severe manifestations of COVID-19, such as worsening lung inflammation (ARDS) and AKI experienced by patients infected with SARS-CoV-2.

1 J. S. Ayres, Sci. Adv 10.1126/sciadv.abc1518 (2020)

About Arch Biopartners

Arch Biopartners Inc. is a clinical stage company focused on the development of innovative technologies that have the potential to make a significant medical or commercial impact.  Arch is developing a pipeline of new drug candidates that inhibit inflammation in the lungs, liver and kidneys via the dipeptidase-1 (DPEP-1) pathway for multiple medical indications.

For more information on Arch Biopartners, its technologies and other public documents Arch has filed on SEDAR, please visit www.archbiopartners.com

The Company has 60,782,302 common shares outstanding.

Forward-Looking Statements

All statements, other than statements of historical fact, in this news release are forward looking statements that involve various risks and uncertainties, including, without limitation, statements regarding the future plans and objectives of the Company. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking statements should circumstances or management’s estimates or opinions change.

The science and medical contents of this release have been approved by the Company’s Chief Science Officer

The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain COVID-19 (or SARS-2 Coronavirus) at this time

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

FAQ

What is the purpose of the Phase II trial for LSALT peptide (ACHFF)?

The Phase II trial aims to evaluate the LSALT peptide's effectiveness in preventing acute lung and kidney injuries in hospitalized COVID-19 patients.

Where was the first patient for the LSALT peptide trial dosed?

The first patient in the LSALT peptide trial was dosed at Broward Health Medical Center in Florida.

When did Arch Biopartners announce the dosing of the first patient for LSALT peptide (ACHFF)?

Arch Biopartners announced the dosing of the first patient on October 16, 2020.

What are the key endpoints for the Phase II trial of LSALT peptide (ACHFF)?

The primary endpoint of the Phase II trial includes assessing the drug's ability to prevent organ inflammation leading to acute respiratory distress syndrome (ARDS) and acute kidney injury (AKI) in COVID-19 patients.

How will the Phase II results impact future studies for LSALT peptide (ACHFF)?

The Phase II results will guide the design of a Phase III trial with a larger participant population to more thoroughly evaluate LSALT peptide's efficacy and safety.

ARCH BIOPARTNERS INC ORD

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Biotechnology
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United States of America
Toronto