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Blueprint Medicines Highlights AYVAKIT® (avapritinib) Long-Term Efficacy and Safety Data and Advances in Mast Cell Disease Research at 2024 AAAAI Annual Meeting

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Blueprint Medicines Corporation (Nasdaq: BPMC) announces positive PIONEER trial results for AYVAKIT in patients with indolent systemic mastocytosis and preclinical data for BLU-808, showcasing long-term efficacy, safety, and best-in-class potential. The company is transforming care for mast cell disorders with a focus on patient outcomes and expanding treatment options.
Positive
  • Positive PIONEER trial results demonstrate the long-term efficacy and safety of AYVAKIT in indolent systemic mastocytosis patients.
  • AYVAKIT led to robust improvements across all symptom domains at 24 weeks, with sustained benefits through 48 weeks.
  • BLU-808, an investigational KIT inhibitor, shows promising preclinical data for chronic urticaria and mast cell diseases, with plans for FDA submission in Q2 2024.
  • Blueprint Medicines' commitment to scientific and clinical leadership is evident through nine data presentations at the 2024 AAAAI Annual Meeting.
  • BLU-808 demonstrated best-in-class selectivity and potency in preclinical studies, positioning it as a potential best-in-class mast cell modulator.
  • Blueprint Medicines plans to initiate a Phase 1 study for BLU-808 in healthy volunteers, focusing on chronic urticaria as the initial development target.
Negative
  • None.

Insights

The long-term efficacy and safety data of AYVAKIT (avapritinib) in patients with indolent systemic mastocytosis (ISM) from the PIONEER trial are pivotal for Blueprint Medicines Corporation's trajectory in the mast cell disease treatment market. The sustained benefits through 48 weeks and favorable safety profile, with a low discontinuation rate due to adverse events, indicate a strong potential for AYVAKIT to become a new standard of care for ISM. The reduction in polypharmacy, where 35 percent of patients reduced or discontinued use of best supportive care medicines, is a significant indicator of the drug's impact on patient quality of life and healthcare costs.

Furthermore, the progression of the BLU-808 program, with its potential for treating chronic urticaria and other mast cell diseases, demonstrates Blueprint Medicines' commitment to expanding its portfolio in the allergy/inflammation sector. The preclinical selectivity and potency profile of BLU-808 suggest a competitive edge in the market, especially if the therapeutic index proves favorable in human trials. The anticipation of an investigational new drug application submission in Q2 2024 for BLU-808 is a critical milestone for investors to monitor, as it will pave the way for clinical trials and potential FDA approval.

The release of robust clinical data and the advancement of preclinical candidates can significantly influence investor sentiment and Blueprint Medicines' market positioning. The consistency of AYVAKIT's safety profile over an extended period is a reassuring factor for stakeholders concerned about long-term treatment implications. The strategic focus on mast cell biology and the allergy/inflammation therapeutic area is indicative of Blueprint Medicines' intent to capture a larger share of a specialized market segment. This strategy could lead to increased market penetration and revenue growth, particularly if AYVAKIT gains traction as a standard treatment for ISM.

The potential market for chronic urticaria treatments is substantial, with BLU-808's promise as a best-in-class mast cell modulator. The ability to target a clinically validated therapeutic target with a highly selective molecule may offer a competitive advantage over existing treatments. The timeline for BLU-808's IND submission and the planned Phase 1 study are crucial for investors to track, as these developments will provide further insights into the drug's commercial viability and impact on Blueprint Medicines' stock performance.

AYVAKIT's mechanism of action, targeting the KIT mutation known to drive ISM, offers a targeted therapeutic approach that could redefine management strategies for this debilitating condition. The reported data suggest that AYVAKIT's clinical benefits extend beyond symptom relief to potentially reducing the need for additional medications, which can be a significant advantage in terms of patient compliance and overall treatment costs.

BLU-808's development as a wild-type KIT inhibitor for chronic urticaria and other mast cell diseases highlights the importance of selectivity in drug design to achieve both efficacy and safety. The preclinical efficacy of BLU-808 in an ovalbumin-induced asthma model suggests translational potential for human allergic inflammatory conditions. The specificity of BLU-808 in targeting mast cells while maintaining a wide therapeutic index could translate into fewer off-target effects and improved patient outcomes in chronic conditions requiring long-term management.

-- AYVAKIT data in patients with indolent systemic mastocytosis show durable efficacy and favorable safety supporting long-term treatment, consistent with real-world experience observed in commercial setting --

-- Preclinical data for BLU-808, a highly selective and potent oral wild-type KIT inhibitor with best-in-class potential, supports development in chronic urticaria and other mast cell diseases; on track to submit IND to FDA in Q2 2024 --

-- Breadth of data across 9 presentations, including 2 oral, highlight scientific and clinical leadership --

CAMBRIDGE, Mass., Feb. 23, 2024 /PRNewswire/ -- Blueprint Medicines Corporation (Nasdaq: BPMC) today announced PIONEER trial results highlighting the long-term efficacy and safety of AYVAKIT® (avapritinib) in patients with indolent systemic mastocytosis (ISM), as well as foundational preclinical data for BLU-808, an investigational highly selective and potent oral inhibitor of wild-type KIT. Blueprint Medicines will report a total of nine data presentations, including two oral presentations, reflecting the company's long-standing commitment to transform care for patients living with mast cell disorders. The datasets are being reported at the 2024 American Academy of Allergy, Asthma & Immunology (AAAAI) Annual Meeting being held February 23-26 in Washington, D.C.

"PIONEER data show that long-term treatment with AYVAKIT led to robust and durable clinical efficacy across a wide range of symptoms, and a well-tolerated safety profile that has remained remarkably consistent over time," said Becker Hewes, M.D., Chief Medical Officer at Blueprint Medicines. "These compelling long-term data, combined with the real-world experience of more than a thousand patients currently on therapy in the U.S., indicate our continued momentum in establishing AYVAKIT as a new standard of care for patients living with ISM. With an SM franchise anchored by AYVAKIT, and the opportunity to expand and extend our reach with elenestinib, Blueprint Medicines is transforming treatment across the spectrum of the disease and redefining what well-controlled means for patients."

AYVAKIT: Durable Symptom Impact and Well-Tolerated Safety Profile in Patients with ISM

Long-term data from the PIONEER trial show that AYVAKIT led to robust improvements across all symptom domains (skin, gastrointestinal, neurocognitive) at 24 weeks, with sustained benefits through 48 weeks. In addition, patients treated with placebo during the blinded portion of the trial had rapid and durable symptom improvements upon cross-over to AYVAKIT. Symptom improvements were assessed by the validated Indolent Systemic Mastocytosis Symptom Assessment Form (ISM-SAF). After 48 weeks of treatment with AYVAKIT, 35 percent of patients reduced or discontinued use of best supportive care medicines. As of the updated data cut, the last patient treated with AYVAKIT in the blinded portion of the trial reached the 48-week timepoint.

With a median patient follow-up of 18 months, the safety profile of AYVAKIT was consistent with previously reported results from the 6-month placebo-controlled portion of the trial, with no new safety signals observed. Most adverse events (AEs) were mild or moderate (Grade 1-2), and the most common treatment-related AEs (≥5 percent) were peripheral edema, headache, periorbital edema and nausea. The rate of treatment-related AEs leading to discontinuation remained low (3 percent).

BLU-808: An Investigational, Potent and Selective Wild-type KIT Inhibitor for Chronic Urticaria and Other Mast Cell Diseases

Mast cells play a critical frontline role in a healthy immune response; activation through KIT and other receptors leads to degranulation and release of downstream effectors that mediate inflammation. However, when mast cells are dysregulated, they are drivers of multiple common allergic and inflammatory diseases such as chronic urticaria, for which wild-type KIT is a clinically validated therapeutic target. BLU-808 is an investigational, highly selective and potent oral wild-type KIT inhibitor designed to enable tolerability and flexibility to tailor treatment based on disease severity and patient needs.

"The development of BLU-808 is another example of our proven track record of designing exquisitely selective molecules that inhibit important biologic targets. Specifically, our scientists engineered BLU-808 to potently target wild-type KIT, while maintaining a wide therapeutic index conducive to chronic treatment," said Percy Carter, Ph.D., Chief Scientific Officer at Blueprint Medicines. "The BLU-808 program highlights our focused efforts to scale our science in allergy/inflammation, leveraging our expertise in mast cell biology and fully integrated R&D and commercial capabilities. By targeting the root cause of a variety of inflammatory diseases, BLU-808 represents a potential best-in-class mast cell modulator that may benefit large patient populations with high medical needs."

In foundational preclinical data reported at AAAAI, BLU-808 demonstrated a best-in-class selectivity and potency profile in vitro. In multiple in vivo studies, BLU-808 treatment led to dose-dependent inhibition and depletion of mast cells. In addition, BLU-808 improved lung function in an ovalbumin-induced asthma model. Based on these data, Blueprint Medicines expects to submit an investigational new drug application for BLU-808 in the second quarter of 2024, and subsequently plans to initiate a Phase 1 study in healthy volunteers. The initial development focus for BLU-808 will be in chronic urticaria.

Blueprint Medicines' AAAAI data presentations are listed below. Copies of the data presentations are available in the "Science—Publications and Presentations" section of the company's website at www.BlueprintMedicines.com.

Data Presentations

Presentation Title: BLU-808, a Potent and Selective Small Molecule Inhibitor of Wild-type c-KIT for Mast Cell Disorders
Session Title: Novel Treatment Approaches in Allergic Disease, Poster Session
Session Date & Time: Friday, February 23 from 3:15 – 4:15 p.m. ET
Abstract Number: 189
Location: Convention Center, Level 2, Hall D

Presentation Title: Patient-Reported Outcome Measures in Systemic Mastocytosis: A Systematic Review
Session Title: Mast Cell Disorders, Poster Session
Session Date & Time: Sunday, February 25 from 9:45 – 10:45 a.m. ET
Abstract Number: 689
Location: Convention Center, Level 2, Hall D

Presentation Title: Reductions in Polypharmacy for Patients with Indolent Systemic Mastocytosis on Avapritinib
Session Title: Mast Cell Disorders, Poster Session
Session Date & Time: Sunday, February 25 from 9:45 – 10:45 a.m. ET
Abstract Number: 696
Location: Convention Center, Level 2, Hall D

Presentation Title: Systemic Mastocytosis: Shedding Light on a Rare and Complicated Disease
Session Title: Mast Cell Disorders, Poster Session
Session Date & Time: Sunday, February 25 from 9:45 – 10:45 a.m. ET
Abstract Number: 691
Location: Convention Center, Level 2, Hall D

Presentation Title: The Five Dimensions of the ISM Patient Experience – Uncovering the "Real-world" Experience of Patients with Indolent Systemic Mastocytosis
Session Title: Mast Cell Disorders, Poster Session
Session Date & Time: Sunday, February 25 from 9:45 – 10:45 a.m. ET
Abstract Number: 693
Location: Convention Center, Level 2, Hall D

Presentation Title: Quantifying Diagnostic Delays in Patients with Indolent and Aggressive Systemic Mastocytosis
Session Title: Mast Cell Disorders, Poster Session
Session Date & Time: Sunday, February 25 from 9:45 – 10:45 a.m. ET
Abstract Number: 692
Location: Convention Center, Level 2, Hall D

Oral Presentation Title: Exploring the Spectrum of Indolent Systemic Mastocytosis: Analysis of High-Risk Disease Features in the PIONEER Study
Session Title: Mast Cell Disorders: Bench to Bedside, Oral Abstract Session
Session Date & Time: Sunday, February 25 from 2:15 – 2:25 p.m. ET
Abstract Number: 737
Location: Convention Center, Level 1, Room 144B

Oral Presentation Title: Prevalence of The KIT D816V Mutation In Peripheral Blood (PB) of Patients With Evidence of Systemic Mast Cell Activation (MCA): Results of The Prospective, Multi-centered, Global PROSPECTOR Clinical Trial
Session Title: Mast Cell Disorders: Bench to Bedside, Oral Abstract Session
Session Date & Time: Sunday, February 25 from 2:25 – 2:35 p.m. ET
Abstract Number: 739
Location: Convention Center, Level 1, Room 144B

Presentation Title: Avapritinib Decreased Symptom Burden in Patients with Indolent Systemic Mastocytosis in the Registrational Double-Blind, Placebo-Controlled PIONEER Study
Session Title: Novel Cellular and Molecular Pathways of Allergic Inflammation, Featured Poster Session
Session Date & Time: Sunday, February 25 from 4:45 – 6:15 p.m. ET
Abstract Number: 783
Location: Convention Center, Level 3, Ballroom South Prefunction

About Systemic Mastocytosis

Systemic mastocytosis (SM) is a rare disease driven by the KIT D816V mutation in about 95 percent of cases. Uncontrolled proliferation and activation of mast cells result in chronic, severe and often unpredictable symptoms across multiple organ systems. The vast majority of those affected have indolent systemic mastocytosis (ISM). A broad range of symptoms, including anaphylaxis, maculopapular rash, pruritis, diarrhea, brain fog, fatigue and bone pain, frequently persist in patients with ISM despite treatment with multiple symptom-directed therapies. This burden of disease can lead to a profound, negative impact on quality of life. Patients often live in fear of severe, unexpected symptoms, have limited ability to work or perform daily activities, and isolate themselves to protect against unpredictable triggers. Historically, there had been no approved therapies for the treatment of ISM.

A minority of patients have advanced SM, which encompasses a group of high-risk SM subtypes including ASM, SM-AHN and MCL. In addition to mast cell activation symptoms, advanced SM is associated with organ damage due to mast cell infiltration and poor survival.

About AYVAKIT (avapritinib)

AYVAKIT (avapritinib) is approved by the U.S. Food and Drug Administration (FDA) for the treatment of three indications: adults with ISM, adults with advanced SM, including aggressive SM (ASM), SM with an associated hematological neoplasm (SM-AHN) and mast cell leukemia (MCL), and adults with unresectable or metastatic gastrointestinal stromal tumor (GIST) harboring a PDGFRA exon 18 mutation, including PDGFRA D842V mutations. For more information, visit AYVAKIT.com. This medicine is approved by the European Commission (AYVAKYT®) for the treatment of adults with ASM, SM-AHN or MCL, after at least one systemic therapy, and adults with unresectable or metastatic GIST harboring the PDGFRA D842V mutation. Please click here to see the full U.S. Prescribing Information for AYVAKIT, and click here to see the European Summary of Product Characteristics for AYVAKYT.

To learn about ongoing or planned clinical trials, contact Blueprint Medicines at medinfo@blueprintmedicines.com or 1-888-BLU-PRNT (1-888-258-7768). Additional information is available at blueprintclinicaltrials.com or clinicaltrials.gov.

Important Safety Information

Intracranial Hemorrhage—Serious intracranial hemorrhage (ICH) may occur with AYVAKIT treatment; fatal events occurred in <1% of patients. Overall, ICH (eg, subdural hematoma, ICH, and cerebral hemorrhage) occurred in 2.9% of 749 patients who received AYVAKIT in clinical trials. In Advanced SM patients who received AYVAKIT at 200 mg daily, ICH occurred in 2 of 75 patients (2.7%) who had platelet counts ≥50 x 109/L prior to initiation of therapy and in 3 of 80 patients (3.8%) regardless of platelet counts. In ISM patients, no events of ICH occurred in the 246 patients who received any dose of AYVAKIT in the PIONEER study.

Monitor patients closely for risk factors of ICH, which may include history of vascular aneurysm, ICH or cerebrovascular accident within the prior year, concomitant use of anticoagulant drugs, or thrombocytopenia.

Symptoms of ICH may include headache, nausea, vomiting, vision changes, or altered mental status. Advise patients to seek immediate medical attention for signs or symptoms of ICH.

Permanently discontinue AYVAKIT if ICH of any grade occurs. In Advanced SM patients, a platelet count must be performed prior to initiating therapy. AYVAKIT is not recommended in Advanced SM patients with platelet counts <50 x 109/L. Following treatment initiation, platelet counts must be performed every 2 weeks for the first 8 weeks. After 8 weeks of treatment, monitor platelet counts every 2 weeks or as clinically indicated based on platelet counts. Manage platelet counts of <50 x 109/L by treatment interruption or dose reduction.

Cognitive Effects—Cognitive adverse reactions can occur in patients receiving AYVAKIT and occurred in 33% of 995 patients overall in patients who received AYVAKIT in clinical trials including: 28% of 148 Advanced SM patients (3% were Grade ≥3), and 7.8% of patients with ISM who received AYVAKIT + best supportive care (BSC) versus 7.0% of patients who received placebo + BSC (<1% were Grade 3). Depending on the severity and indication, withhold AYVAKIT and then resume at same dose or at a reduced dose upon improvement, or permanently discontinue.

Photosensitivity—AYVAKIT may cause photosensitivity reactions. In all patients treated with AYVAKIT in clinical trials (n=1049), photosensitivity reactions occurred in 2.5% of patients. Advise patients to limit direct ultraviolet exposure during treatment with AYVAKIT and for one week after discontinuation of treatment.

Embryo-Fetal Toxicity—AYVAKIT can cause fetal harm when administered to a pregnant woman. Advise pregnant women of the potential risk to a fetus. Advise females and males of reproductive potential to use an effective method of contraception during treatment with AYVAKIT and for 6 weeks after the final dose of AYVAKIT. Advise women not to breastfeed during treatment with AYVAKIT and for 2 weeks after the final dose.

Adverse Reactions—The most common adverse reactions (≥20%) in patients with Advanced SM were edema, diarrhea, nausea, and fatigue/asthenia.

The most common adverse reactions (≥10%) in patients with ISM were eye edema, dizziness, peripheral edema, and flushing.

Drug Interactions—Avoid coadministration of AYVAKIT with strong or moderate CYP3A inhibitors. If coadministration with a moderate CYP3A inhibitor cannot be avoided in patients with Advanced SM, reduce dose of AYVAKIT. Avoid coadministration of AYVAKIT with strong or moderate CYP3A inducers.

To report suspected adverse reactions, contact Blueprint Medicines Corporation at 1-888-258-7768 or FDA at 1-800-FDA-1088 or http://www.fda.gov/medwatch.

Please click here to see the full Prescribing Information for AYVAKIT.

About Blueprint Medicines

Blueprint Medicines is a fully integrated, commercial-stage, global biopharmaceutical company that invents life-changing medicines in two core, strategic areas of allergy/inflammation and oncology/hematology. We pursue discovery, development, and commercialization of therapies that potently and selectively target known drivers of disease, with focused investment in therapeutic areas where we can leverage our core expertise and business infrastructure to bring scale to our science. We are bringing AYVAKIT®/AYVAKYT® (avapritinib) to people living with systemic mastocytosis (SM) in the U.S. and Europe. Additionally, we have a pipeline of research and development programs that range from early science to advanced clinical trials in mast cell-mediated diseases, including SM and chronic urticaria, breast cancer, and other solid tumors vulnerable to CDK2 inhibition. For more information, visit www.BlueprintMedicines.com and follow us on X (formerly Twitter; @BlueprintMeds) and LinkedIn.

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, as amended, including, without limitation, statements regarding expectations for the potential benefits of AYVAKIT in treating patients with ISM; Blueprint Medicines' ability to transform treatment across the spectrum of SM; the development of BLU-808 and whether it has best-in-class potential; plans and timing for submitting an IND to the FDA for BLU-808; statements regarding plans and expectations for Blueprint Medicines' current or future approved drugs and drug candidates; the potential benefits of any of Blueprint Medicines' current or future approved drugs or drug candidates in treating patients; and Blueprint Medicines' strategy, goals, business plans and focus. The words "aim," "may," "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," "believe," "estimate," "predict," "project," "potential," "continue," "target" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Any forward-looking statements in this press release are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties and important factors that may cause actual events or results to differ materially from those expressed or implied by any forward-looking statements contained in this press release, including, without limitation, risks and uncertainties related Blueprint Medicines' ability and plans in continuing to build out and expand a commercial infrastructure, and successfully launching, marketing and selling current or future approved products; Blueprint Medicines' ability to successfully expand the approved indications for AYVAKIT/AYVAKYT or obtain marketing approval for AYVAKIT/AYVAKYT in additional geographies in the future; the delay of any current or planned clinical trials or the development of Blueprint Medicines' current or future drug candidates; Blueprint Medicines' advancement of multiple early-stage efforts; Blueprint Medicines' ability to successfully demonstrate the safety and efficacy of its drug candidates and gain approval of its drug candidates on a timely basis, if at all; the preclinical and clinical results for Blueprint Medicines' drug candidates, which may not support further development of such drug candidates either as monotherapies or in combination with other agents or may impact the anticipated timing of data or regulatory submissions; the timing of the initiation of clinical trials and trial cohorts at clinical trial sites and patient enrollment rates; actions of regulatory agencies, which may affect the initiation, timing and progress of clinical trials; Blueprint Medicines' ability to obtain, maintain and enforce patent and other intellectual property protection for AYVAKIT/AYVAKYT or any drug candidates it is developing; Blueprint Medicines' ability to successfully expand its operations, research platform and portfolio of therapeutic candidates, and the timing and costs thereof; and the success of Blueprint Medicines' current and future collaborations, financing arrangements, partnerships or licensing arrangements. These and other risks and uncertainties are described in greater detail in the section entitled "Risk Factors" in Blueprint Medicines' filings with the Securities and Exchange Commission (SEC), including Blueprint Medicines' most recent Annual Report on Form 10-K, as supplemented by its most recent Quarterly Report on Form 10-Q and any other filings that Blueprint Medicines has made or may make with the SEC in the future. Any forward-looking statements contained in this press release represent Blueprint Medicines' views only as of the date hereof and should not be relied upon as representing its views as of any subsequent date. Except as required by law, Blueprint Medicines explicitly disclaims any obligation to update any forward-looking statements.

Trademarks

Blueprint Medicines, AYVAKIT, AYVAKYT and associated logos are trademarks of Blueprint Medicines Corporation.

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SOURCE Blueprint Medicines Corporation

FAQ

What are the positive results of the PIONEER trial for AYVAKIT?

The PIONEER trial demonstrated long-term efficacy and safety of AYVAKIT in patients with indolent systemic mastocytosis.

What symptoms did AYVAKIT improve in patients with ISM?

AYVAKIT led to robust improvements across skin, gastrointestinal, and neurocognitive symptom domains.

What is the focus of BLU-808 as an investigational drug?

BLU-808 is a highly selective and potent oral wild-type KIT inhibitor designed for chronic urticaria and mast cell diseases.

When does Blueprint Medicines plan to submit an IND for BLU-808?

Blueprint Medicines expects to submit an investigational new drug application for BLU-808 in the second quarter of 2024.

What type of study will Blueprint Medicines initiate for BLU-808?

Blueprint Medicines plans to initiate a Phase 1 study for BLU-808 in healthy volunteers.

Where can copies of Blueprint Medicines' AAAAI data presentations be found?

Copies of the data presentations are available on the company's website at www.BlueprintMedicines.com.

Blueprint Medicines Corporation

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