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Aurinia Submits IND Application to US Food & Drug Administration for AUR 200

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Rhea-AI Summary
Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) has submitted its Investigational New Drug application (IND) to the U.S. Food and Drug Administration (FDA) for AUR200, a potent recombinant fusion protein with a high affinity for targeting both BAFF and APRIL. AUR200 will be studied in a Phase 1 first-in-human trial in healthy volunteers, marking a significant advancement for Aurinia’s emerging autoimmune pipeline.
Positive
  • AUR200 has a clinically validated mechanism of action with great potential in the treatment of autoimmune diseases such as IgA nephropathy and systemic lupus erythematosus.
  • Animal data presented at the annual American College of Rheumatology Convergence 2022 showed that AUR200 dosed therapeutically reduced several markers of disease activity and improved overall survival in a mouse model of lupus.
  • AUR200 was well-tolerated in both mice and cynomolgus monkeys, with no adverse effects.
Negative
  • None.

Insights

The submission of an Investigational New Drug (IND) application to the FDA marks a pivotal step for Aurinia Pharmaceuticals in the development of AUR200, a recombinant fusion protein aimed at B-cell mediated autoimmune diseases. The drug's mechanism of action involves dual inhibition of BAFF and APRIL, which are critical in B-cell regulation. This approach has been clinically validated, suggesting a promising therapeutic potential for conditions such as IgA nephropathy and systemic lupus erythematosus.

Preclinical data indicating reduced disease markers and improved survival in animal models, combined with a favorable safety profile, underscore the drug's potential. However, the transition from preclinical success to human trials is fraught with uncertainty. The initial Phase 1 trial will primarily assess safety and tolerability, which are crucial for subsequent development phases. Investors should monitor the IND's FDA clearance and the outcomes of the Phase 1 trial, as positive results could significantly impact Aurinia's valuation and strategic position within the autoimmune treatment market.

Strategically, Aurinia's expansion of its autoimmune pipeline through the acquisition of AUR200 aligns with the industry's trend of portfolio diversification. The focus on innovative therapies for autoimmune diseases meets a substantial unmet medical need and could provide long-term growth opportunities. It is also a reflection of the company's commitment to leveraging its R&D capabilities to develop new treatment options.

Financially, the success of AUR200 could drive future revenue streams for Aurinia. However, the costs associated with R&D, clinical trials and potential commercialization are substantial and should be considered when evaluating the company's financial health. The market's response to these developments will depend on the balance between the investment required for AUR200's progression and the potential return on investment, which will be clearer once clinical efficacy in humans is demonstrated.

From a financial perspective, the IND submission for AUR200 could signal a forthcoming phase of increased R&D expenditure for Aurinia. Investors should anticipate that the company will incur significant costs as it embarks on clinical trials. The outcome of these trials will be a determining factor in the future trajectory of the company's stock. While the potential for AUR200 to address a range of autoimmune diseases presents a substantial market opportunity, the inherent risks of clinical development mean that the investment community will be closely watching for any signs of efficacy and safety in the forthcoming human trials.

Long-term benefits hinge on the drug's successful navigation through the FDA's approval process and its subsequent commercial viability. Should AUR200 demonstrate a strong safety and efficacy profile, it could capture a significant share of the autoimmune disease treatment market, positively influencing Aurinia's financial outlook.

  • AUR200, a potent recombinant fusion protein, has a clinically validated MOA with a high affinity for targeting both BAFF (B-cell Activating Factor) and APRIL (A Proliferation-Inducing Ligand)
  • Upon FDA clearance of the IND, AUR 200 will be studied in a Phase 1 first-in-human trial in healthy volunteers, marking a significant advancement for Aurinia’s emerging autoimmune pipeline

ROCKVILLE, Md. & EDMONTON, Alberta--(BUSINESS WIRE)-- Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) (Aurinia or the Company) – Aurinia announced today the submission of its Investigational New Drug application (IND) to the U.S. Food and Drug Administration (FDA) for AUR200, a potential next generation therapy for B-cell mediated autoimmune diseases. Upon receiving FDA clearance to proceed with proposed research, Aurinia plans to initiate a Phase 1 study in the first half of 2024 to evaluate the safety, tolerability, pharmacokinetic and pharmacodynamic properties of AUR200 in healthy volunteers.

AUR200 is a highly potent and specific Fc-fusion protein containing a modified B cell maturation antigen (BCMA), for enhanced binding to both BAFF (B-cell Activating Factor) and APRIL (A Proliferation-Inducing Ligand). BAFF and APRIL play important roles in regulating B-cell survival and differentiation.

“Our IND submission for AUR200 is an important step forward for Aurinia’s pipeline and our mission to change the trajectory of autoimmune disease. Dual inhibition of BAFF and APRIL is a clinically validated mechanism which has demonstrated great potential in the treatment of autoimmune diseases such as IgA nephropathy and systemic lupus erythematosus. We are encouraged by AUR200’s unique profile and pre-clinical activity and look forward to sharing further data and updates once our clinical research program begins,” said Volker Knappertz, M.D., Executive Vice-President, Research & Development, Aurinia.

In animal data presented at the annual American College of Rheumatology Convergence 2022, AUR200 dosed therapeutically reduced several markers of disease activity and improved overall survival in a mouse model of lupus. AUR200 was also well-tolerated in both mice and cynomolgus monkeys, with no adverse effects. These data highlight the potential utility for AUR200 in the treatment of autoimmune diseases.

Aurinia acquired AUR200 as part of a strategy to diversify its development pipeline and leverage existing R&D capabilities to advance innovative therapeutic solutions to help people living with autoimmune diseases.

About Aurinia

Aurinia Pharmaceuticals is a fully integrated biopharmaceutical company focused on delivering therapies to treat targeted patient populations with high unmet medical needs that are impacted by autoimmune, kidney and rare diseases. In January 2021, the Company introduced LUPKYNIS® (voclosporin), the first FDA-approved oral therapy dedicated to the treatment of adult patients with active lupus nephritis. The Company’s head office is in Edmonton, Alberta, its U.S. commercial office is in Rockville, Maryland. The Company focuses its development efforts globally.

Reference

Morales S, Cross J, Huizinga R. AUR200: An Improved BAFF/APRIL Inhibitor with Increased Potency and Safety for the Treatment of B Cell-Mediated Diseases [abstract]. Arthritis Rheumatol. 2022; 74 (suppl 9). https://acrabstracts.org/abstract/aur200-an-improved-baff-april-inhibitor-with-increased-potency-and-safety-for-the-treatment-of-b-cell-mediated-diseases/. Accessed December 6, 2023.

Media Inquiries:

Andrea Christopher

Corporate Communications Director, Aurinia

achristopher@auriniapharma.com

Investor Inquiries:

ir@auriniapharma.com

Source: Aurinia Pharmaceuticals Inc.

FAQ

What is the ticker symbol for Aurinia Pharmaceuticals Inc.?

The ticker symbol for Aurinia Pharmaceuticals Inc. is NASDAQ: AUPH.

What is AUR200?

AUR200 is a potent recombinant fusion protein with a high affinity for targeting both BAFF and APRIL, studied in a Phase 1 first-in-human trial in healthy volunteers.

What are the potential applications of AUR200?

AUR200 has potential utility for the treatment of autoimmune diseases such as IgA nephropathy and systemic lupus erythematosus.

What were the findings from the animal data presented at the American College of Rheumatology Convergence 2022?

The animal data showed that AUR200 dosed therapeutically reduced markers of disease activity and improved overall survival in a mouse model of lupus, and was well-tolerated in mice and cynomolgus monkeys.

Aurinia Pharmaceuticals Inc

NASDAQ:AUPH

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