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CymaBay Announces European Medicines Agency Accepts for Review the Marketing Authorization Application for Seladelpar for the Treatment of Primary Biliary Cholangitis

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CymaBay Therapeutics, Inc. announces the validation of the Marketing Authorization Application (MAA) for seladelpar, a potential treatment for primary biliary cholangitis (PBC) in Europe, with positive clinical data from Phase 3 studies.
Positive
  • Validation of MAA for seladelpar for PBC treatment in Europe.
  • Positive data from Phase 3 RESPONSE study published in New England Journal of Medicine.
  • Statistically significant improvements in disease markers and pruritus with seladelpar.
  • Similar adverse event rates between seladelpar and placebo groups.
  • Seladelpar accepted for review by U.K. MHRA and FDA for priority review.
  • PBC is a rare liver disease with limited treatment options affecting quality of life.
Negative
  • None.

Insights

The validation of the Marketing Authorization Application (MAA) for seladelpar by the European Medicines Agency (EMA) is a pivotal moment for CymaBay Therapeutics. This milestone indicates that the EMA has found the application to be sufficiently complete to begin a formal review process. Seladelpar's role as a peroxisome proliferator-activated receptor delta (PPARδ) agonist is significant, as this class of drugs modulates the activity of genes involved in energy metabolism, inflammation and lipid metabolism, which are key processes in the pathophysiology of primary biliary cholangitis (PBC).

From a research perspective, the data from the Phase 3 RESPONSE study published in the New England Journal of Medicine is critical. The study demonstrated statistically significant improvements in biochemical markers of disease progression and PBC-related pruritus. These markers are essential indicators of the drug's efficacy. Moreover, the similarity in the number of adverse events between seladelpar and placebo groups is encouraging, suggesting a favorable safety profile.

Given that PBC is a rare disease with limited treatment options, the introduction of seladelpar could be transformative for patients. The current standard of care for PBC patients who are inadequate responders or intolerant to ursodeoxycholic acid is limited and seladelpar's potential to improve quality of life and disease outcomes could be significant. The long-term open label ASSURE study and other supporting data will be crucial in determining the durability of seladelpar's efficacy and safety over time.

The economic implications of introducing a new treatment like seladelpar into the market are multifaceted. For CymaBay Therapeutics, the approval of seladelpar across the European Union and associated countries could lead to a substantial expansion in market reach. Considering that PBC is a rare disease, seladelpar's pricing strategy will be a critical factor in its market penetration and overall financial success. Orphan drugs, such as those treating rare diseases, often command high prices due to their specialized nature and the lack of alternative treatments.

Furthermore, the Priority Medicines (PRIME) status granted to seladelpar by the EMA in 2016 implies that the drug addresses an unmet medical need, which could lead to expedited review and potential market exclusivity benefits. This status can also facilitate increased dialogue with the regulatory agency, potentially smoothing the path to approval and market access. For healthcare systems, the availability of a new effective treatment could mean improved patient outcomes and possibly reduced long-term healthcare costs associated with managing PBC complications such as liver cirrhosis.

The pharmaceutical industry closely monitors the progress of drug candidates like seladelpar through the regulatory approval process. The validation of the MAA by the EMA signals to investors and competitors alike that CymaBay's product is advancing towards potential commercialization in a highly regulated market. The fact that seladelpar has also been accepted for review by the U.K. MHRA and the U.S. FDA for priority review further underscores its potential.

Analyzing the market dynamics, seladelpar's success could disrupt the current PBC treatment landscape, which is reliant on a limited range of therapies. The clinical data suggesting improvements in disease progression and pruritus management not only offers hope for better patient care but also indicates a competitive advantage in the market. The drug's performance in clinical trials, particularly the global Phase 3 RESPONSE study, will be scrutinized by competitors and analysts to assess the drug's efficacy and safety profile relative to existing treatments.

For stakeholders, the short-term implications include monitoring the EMA's review process and any emerging data from ongoing studies. Long-term considerations involve the potential market share seladelpar might capture, the strategic positioning of CymaBay within the rare disease market and the impact of seladelpar's approval on the company's stock valuation.

MAA Validation Follows Recent Applications for Seladelpar to the U.K. MHRA and U.S. FDA

NEWARK, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- CymaBay Therapeutics, Inc. (NASDAQ: CBAY), a biopharmaceutical company focused on innovative therapies for patients with liver and other chronic diseases, today announced that the Marketing Authorization Application (MAA) for seladelpar, for the treatment of primary biliary cholangitis (PBC) including pruritus in adults without cirrhosis or with compensated cirrhosis (Child Pugh A) who are inadequate responders or intolerant to ursodeoxycholic acid), has been validated and will now be reviewed by the European Medicines Agency (EMA).

Seladelpar is an investigational, potent, selective peroxisome proliferator-activated receptor delta (PPARδ) agonist or delpar, in development for PBC treatment. The MAA application includes data from across the seladelpar PBC clinical development program in over 500 people with PBC, including from the pivotal, double blind, placebo-controlled, global Phase 3 RESPONSE study, recently published in the New England Journal of Medicine. The study’s primary endpoint measure reflects registrational studies of the current second line PBC treatment authorized by the EMA. In this study seladelpar demonstrated statistically significant improvements in biochemical markers of disease progression and PBC-related pruritus (itch) pre-specified endpoints. The number of adverse events was similar in the groups treated with seladelpar and placebo.

The application is further supported by data from the Phase 3 ENHANCE study, the long-term open label ASSURE study, Phase 2 studies, pre-clinical studies and includes chemistry, manufacturing, and controls data.

“People living with PBC in Europe today have limited treatment options and can face both disease progression and a lifetime of symptoms like itch and fatigue that can significantly impact their quality of life. New treatment options are needed,” said Klara Dickinson, Chief Regulatory and Compliance Officer, CymaBay Therapeutics. “Validation of the European Marketing Authorization Application for seladelpar and the start of the agency’s formal review is an important step forward in seladelpar’s journey to potential approval in Europe. We look forward to further discussion with the agency and rapporteurs as they conduct their review.”

Under the European centralized licensing procedure, the EMA Committee for Medicinal Products for Human Use (CHMP) will review the application for all 27 Member States of the European Union, as well as Iceland, Liechtenstein and Norway.

Seladelpar received Priority Medicines (PRIME) status from the EMA in 2016, as part of its program to enhance support for the development of medicines that target an unmet medical need. Seladelpar has been accepted for review by the U.K. Medicines and Healthcare products Regulatory Agency. The U.S. Food and Drug Administration (FDA) has accepted a New Drug Application for seladelpar for priority review.

PBC is a rare, chronic inflammatory liver disease that can lead to liver cirrhosis and an increased risk of liver-related mortality. People living with PBC can experience symptoms that significantly impact their quality of life such as itch and fatigue. New treatment options seek to help prevent further disease progression by reducing inflammation and bile acids in the liver and help provide meaningful relief of pruritus.

About PBC
PBC is a rare, chronic inflammatory liver disease primarily affecting women (1 in 1,000 women over the age of 40 or about 130,000 total people in the US). PBC is characterized by impaired bile flow (known as cholestasis) and the accumulation of toxic bile acids in the liver, leading to inflammation and destruction of the bile ducts within the liver and causing increased levels of ALP, ALT, and GGT, enzymes found primarily in the liver, as well as total bilirubin. The most common early symptoms of PBC are pruritus (itching) and fatigue, which can be debilitating for some patients. Progression of PBC is associated with an increased risk of liver-related mortality.

About Seladelpar
Seladelpar, an investigational treatment for people with PBC, is a first-in-class oral, selective peroxisome proliferator-activated receptor delta (PPARδ) agonist, or delpar, shown to regulate critical metabolic and liver disease pathways in indications with high unmet medical need. Preclinical and clinical data support its ability to regulate genes involved in bile acid synthesis, inflammation, fibrosis and lipid metabolism, storage, and transport.

About CymaBay
CymaBay Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on improving the lives of people with liver and other chronic diseases that have high unmet medical need. Our deep understanding of the underlying mechanisms of liver inflammation and fibrosis, and the unique targets that play a role in their progression, have helped us receive breakthrough therapy designation (U.S. Food and Drug Administration), Priority Medicines status (European Medicines Agency) and orphan drug status (U.S. and Europe) for seladelpar, a first-in-class investigational treatment for people with PBC. Our evidence-based decision-making and commitment to the highest quality standards reflect our relentless dedication to the people, families, and communities we serve. To learn more, visit www.cymabay.com and follow us on X (formerly Twitter) and LinkedIn.

Cautionary Statements
Any statements made in this press release regarding potential regulatory acceptance of seladelpar, the timelines for regulatory review, the potential for seladelpar to treat PBC and potentially improve biochemical measures, clinical symptoms or outcomes of the disease are forward-looking statements that are subject to risks and uncertainties. Actual results and the timing of events regarding the further development of seladelpar could differ materially from those anticipated in such forward-looking statements as a result of risks and uncertainties, which include, without limitation, risks related to: the success, cost and timing of any of CymaBay's product development activities, including clinical trials; and effects observed in trials to date that may not be repeated in the future. Additional risks relating to CymaBay are contained in CymaBay's filings with the Securities and Exchange Commission, including without limitation its most recent Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q and other documents subsequently filed with or furnished to the Securities and Exchange Commission. CymaBay disclaims any obligation to update these forward-looking statements except as required by law.

For additional information about CymaBay visit www.cymabay.com.

Public Relations Contact:
Theresa Dolge
Evoke Kyne
(609) 915-2156
Theresa.Dolge@evokegroup.com

Arran Attridge
CymaBay Therapeutics
aattridge@cymabay.com

Investor Relations Contact:
PJ Kelleher
LifeSci Advisors, LLC
(617) 430-7579
pkelleher@LifeSciAdvisors.com

 


FAQ

What is the status of the Marketing Authorization Application (MAA) for seladelpar?

The MAA for seladelpar has been validated and will now be reviewed by the European Medicines Agency (EMA) for potential approval in Europe.

What is seladelpar's target indication for treatment?

Seladelpar is being developed for the treatment of primary biliary cholangitis (PBC) in adults without cirrhosis or with compensated cirrhosis who are inadequate responders or intolerant to ursodeoxycholic acid.

What type of drug is seladelpar?

Seladelpar is an investigational, potent, selective peroxisome proliferator-activated receptor delta (PPARδ) agonist or delpar.

What were the key findings from the Phase 3 RESPONSE study?

Seladelpar demonstrated statistically significant improvements in biochemical markers of disease progression and PBC-related pruritus compared to placebo.

What is the significance of the Priority Medicines (PRIME) status received by seladelpar?

Seladelpar received PRIME status from the EMA in 2016, indicating it targets an unmet medical need and receives enhanced support for development.

CymaBay Therapeutics, Inc.

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