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Agios to Present Updated Data from Clinical Trials of Mitapivat in Pyruvate Kinase Deficiency and Thalassemia in Oral Presentations at the European Hematology Association Annual Congress

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Agios Pharmaceuticals will present clinical data on its drug mitapivat at the European Hematology Association Annual Congress from June 9-17, 2021. Significant findings will be shared from Phase 3 studies on adults with pyruvate kinase deficiency, both transfusion-dependent and non-transfusion-dependent. Two oral presentations and several poster presentations will be made, highlighting the drug's effectiveness. An investor webcast is scheduled for June 11, 2021, to discuss these findings in detail, emphasizing Agios' commitment to addressing genetically defined diseases.

Positive
  • Presentation of positive clinical data from mitapivat studies may boost investor confidence.
  • Upcoming investor webcast could enhance transparency and engagement with stakeholders.
Negative
  • Continued reliance on successful clinical trial outcomes amidst intense competition in the industry.
  • Potential regulatory hurdles that could delay the commercialization of mitapivat.

– Agios to Host Investor Webcast on June 11 at 7:30 a.m. ET –

CAMBRIDGE, Mass., May 12, 2021 (GLOBE NEWSWIRE) -- Agios Pharmaceuticals, Inc. (NASDAQ:AGIO), a leader in the field of cellular metabolism to treat genetically defined diseases, today announced that mitapivat clinical data will be presented at the European Hematology Association (EHA) Annual Congress being held virtually June 9-17, 2021.

The accepted abstracts are listed below and are available online on the EHA meeting library website. All presentations can be accessed on demand by registered meeting attendees on the EHA Virtual Congress platform as of Friday, June 11 at 9:00 a.m. CEST / 3:00 a.m. ET.

Oral Presentations:

Title: ACTIVATE: A Phase 3, randomized, multicenter, double-blind, placebo-controlled study of mitapivat in adults with pyruvate kinase deficiency who are not regularly transfused
Live Q&A Session Date and Time: Tuesday, June 15, 2021 at 7:45 p.m. CEST / 1:45 p.m. ET
Oral Abstract Session: Changing the scene in congenital anemias
Abstract: S270
Presenter: Hanny Al-Samkari, M.D., Division of Hematology, Massachusetts General Hospital, Harvard Medical School, Boston, MA, United States

Title: ACTIVATE-T: A Phase 3, open-label, multicenter study of mitapivat in adults with pyruvate kinase deficiency who are regularly transfused
Live Q&A Session Date and Time: Tuesday, June 15, 2021 at 7:45 p.m. CEST / 1:45 p.m. ET
Oral Abstract Session: Changing the scene on congenital anemias
Abstract: S271
Presenter: Andreas Glenthøj, M.D., Department of Hematology, Rigshospitalet Copenhagen, Denmark

Title: Results from a Phase 2, open-label, multicenter study of the oral pyruvate kinase activator mitapivat in adults with non-transfusion dependent alpha- or beta-thalassemia
Live Q&A Session Date and Time: Tuesday, June 15, 2021 at 8:45 p.m. CEST / 2:45 p.m. ET
Oral Abstract Session: Changing the scene on thalassemias
Abstract: S267
Presenter: Kevin H. M. Kuo, M.D., Division of Hematology, University of Toronto, Toronto, Canada

Poster Presentations:

Title: Bone mineral density is stable in adults with pyruvate kinase deficiency receiving long-term treatment with mitapivat
Poster Session: Enzymopathies, membranopathies and other anemias
Abstract: EP696
Lead Author: Hanny Al-Samkari, M.D., Division of Hematology, Massachusetts General Hospital, Harvard Medical School, Boston, MA, United States

Title: Early-onset osteopenia and osteoporosis in patients with pyruvate kinase deficiency (Encore)
Poster Session: Enzymopathies, membranopathies and other anemias
Abstract: EP692
Lead Author: Hanny Al-Samkari, M.D., Division of Hematology, Massachusetts General Hospital, Harvard Medical School, Boston, MA, United States

Title: Baseline characteristics by age of a global cohort of patients diagnosed with pyruvate kinase deficiency – a descriptive analysis from the Peak Registry
Poster Session: Enzymopathies, membranopathies and other anemias
Abstract: EP691
Lead Author: Paola Bianchi, BSc, Ph.D., UOC Ematologia, Fondazione IRCCS Ca’ Granda Ospedale Maggiore Policlinico, Milan, Italy

Title: Mortality among veterans with a diagnosis of pyruvate kinase deficiency: A real world study using U.S. veterans health administration data (Encore)
Poster Session: Enzymopathies, membranopathies and other anemias
Abstract: EP710
Lead Author: Erin Zagadailov, PharmD, MS, Agios Pharmaceuticals, Cambridge, MA, United States

Title: The lifetime economic burden of pyruvate kinase deficiency in the United States
Poster Session: Quality of life, palliative care, ethics and health economics
Abstract: EP1194
Lead Author: Wayne Su, MSc, Xcenda, Carrollton, TX, United States

Title: Global thalassemia epidemiology: A systemic literature review
Poster Session: Thalassemias
Abstract: EP1318
Lead Author: Christina X. Chamberlain, Ph.D., Agios Pharmaceuticals, Cambridge, MA, United States

Publication Only:

Title: ENERGIZE and ENERGIZE-T: Two Phase 3, randomized, double-blind, placebo-controlled studies of mitapivat in adults with non-transfusion dependent or transfusion-dependent alpha- or beta-thalassemia
Poster Session: Thalassemias
Abstract: PB1805
Lead Author: Kevin H. M. Kuo, M.D., Division of Hematology, University of Toronto, Toronto, Canada

Conference Call Information
Agios will host a virtual investor event on June 11, 2021 at 7:30 a.m. ET to review the mitapivat clinical data. The event will be webcast live and can be accessed under "Events & Presentations" in the Investors and Media section of the company's website at www.agios.com. The archived webcast will be available on the company's website beginning approximately two hours after the event.

About Agios
Agios is focused on discovering and developing novel investigational medicines to treat genetically defined diseases through scientific leadership in the field of cellular metabolism. The company’s most advanced drug candidate is a first-in-class pyruvate kinase R (PKR) activator, mitapivat, that is currently being evaluated for the treatment of three distinct hemolytic anemias. In addition to its active late-stage clinical pipeline, Agios has multiple novel, investigational therapies in clinical and/or preclinical development. For more information, please visit the company’s website at www.agios.com.

Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those regarding the potential benefits of mitapivat; Agios’ plans regarding future data presentations; and the potential benefit of its strategic plans and focus. The words “anticipate,” “expect,” “intend,” “potential,” “milestone,” “goal,” “will,” “on track,” “upcoming,” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Such statements are subject to numerous important factors, risks and uncertainties that may cause actual events or results to differ materially from Agios' current expectations and beliefs. For example, there can be no guarantee that any product candidate Agios or its collaborators is developing will successfully commence or complete necessary preclinical and clinical development phases, or that development of any of Agios' product candidates will successfully continue. Moreover, there can be no guarantee that any medicines ultimately commercialized by Agios will receive commercial acceptance. There can be no guarantee that any positive developments in Agios' business will result in stock price appreciation. Management's expectations and, therefore, any forward-looking statements in this press release could also be affected by risks and uncertainties relating to a number of other important factors, including, without limitation: risks and uncertainties related to the impact of the COVID-19 pandemic to Agios’ business, operations, strategy, goals and anticipated milestones, including its ongoing and planned research activities, ability to conduct ongoing and planned clinical trials, clinical supply of current or future drug candidates, commercial supply of current or future approved products, and launching, marketing and selling current or future approved products; Agios’ results of clinical trials and preclinical studies, including subsequent analysis of existing data and new data received from ongoing and future studies; the content and timing of decisions made by the U.S. FDA, the EMA or other regulatory authorities, investigational review boards at clinical trial sites and publication review bodies; Agios’ ability to obtain and maintain requisite regulatory approvals and to enroll patients in its planned clinical trials; unplanned cash requirements and expenditures; competitive factors; Agios' ability to obtain, maintain and enforce patent and other intellectual property protection for any product candidates it is developing; Agios’ ability to maintain key collaborations; and general economic and market conditions. These and other risks are described in greater detail under the caption "Risk Factors" included in Agios’ public filings with the Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof, and Agios expressly disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Contact:

Holly Manning, 617-844-6630
Senior Director, Investor Relations
Holly.Manning@agios.com


FAQ

What key clinical data will Agios present at the EHA Annual Congress?

Agios will present data from Phase 3 studies of mitapivat in patients with pyruvate kinase deficiency.

When is the investor webcast scheduled to discuss mitapivat's clinical data?

The investor webcast is scheduled for June 11, 2021, at 7:30 a.m. ET.

What are the implications of the mitapivat studies for Agios Pharmaceuticals?

Positive results from the mitapivat studies may lead to increased investor confidence and potential market opportunities.

What challenges does Agios face with mitapivat's development?

Agios may face regulatory hurdles and competition that could impact mitapivat's successful commercialization.

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