ERYTECH Announces the Availability of its Half-Year Financial Report 2021

Rhea-AI Summary

ERYTECH Pharma has filed its half-year financial report for the period ending June 30, 2021, with the AMF. The report is available on the company's website. ERYTECH is focused on developing red blood cell-based therapeutics for severe cancers and orphan diseases. Its lead candidate, eryaspase, is in Phase 3 clinical development for second-line pancreatic cancer and has received Fast Track designation from the FDA. The company operates GMP facilities in France and the U.S., but eryaspase is not yet approved.

Positive

• Eryaspase is in Phase 3 clinical development for second-line pancreatic cancer, fully enrolled.
• Eryaspase has received Fast Track designation from the FDA for multiple conditions.
• Positive results reported from an investigator sponsored Phase 2 trial in acute lymphoblastic leukemia.

Negative

• Eryaspase is not yet an approved medicine.

ERYTECH Announces the Availability
of its Half-Year Financial Report 2021

Lyon (France) and Cambridge, MA (U.S.), Septembre 22, 2021 – ERYTECH Pharma (Nasdaq & Euronext: ERYP), a clinical-stage biopharmaceutical company developing innovative therapies by encapsulating therapeutic drug substances inside red blood cells, announced that it had filed with the Autorité des Marchés Financiers (AMF) its half-year report for the six-month period ended June 30, 2021.

The half-year financial report is available in the Investors section of the Company’s corporate website (wwww.erytech.com).

About ERYTECH

ERYTECH is a clinical-stage biopharmaceutical company developing innovative red blood cell-based therapeutics for severe forms of cancer and orphan diseases. Leveraging its proprietary ERYCAPS® platform, which uses a novel technology to encapsulate drug substances inside red blood cells, ERYTECH is developing a pipeline of product candidates for patients with high unmet medical needs. ERYTECH’s primary focus is on the development of product candidates that target the altered metabolism of cancer cells by depriving them of amino acids necessary for their growth and survival.

The Company’s lead product candidate, eryaspase, which consists of L-asparaginase encapsulated inside donor-derived red blood cells, targets the cancer cells’ altered asparagine and glutamine metabolism. Eryaspase is in a Phase 3 clinical development for the treatment of second-line pancreatic cancer, which is fully enrolled and expected to read out top-line results in Q4 2021, and in an ongoing Phase 2 for the treatment of triple-negative breast cancer. An investigator sponsored Phase 2 trial (IST) in acute lymphoblastic leukemia recently reported positive results, and a Phase 1 IST in 1L advanced pancreatic cancer is ongoing.

Eryaspase received Fast Track designation from the U.S. Food and Drug Administration (FDA) for the treatment of advanced pancreatic cancer and treatment of acute lymphoblastic leukemia (ALL) patients who have developed hypersensitivity reactions to E. coli-derived pegylated asparaginase (PEG-ASNase). The FDA and the European Medicines Agency have granted eryaspase orphan drug status for the treatment of pancreatic cancer and ALL.

ERYTECH produces its product candidates for treatment of patients in Europe at its GMP-approved manufacturing site in Lyon, France, and for patients in the United States at its GMP manufacturing site in Princeton, New Jersey, USA. Eryaspase is not an approved medicine.

ERYTECH is listed on the Nasdaq Global Select Market in the United States (ticker: ERYP) and on the Euronext regulated market in Paris (ISIN code: FR0011471135, ticker: ERYP). ERYTECH is part of the CAC Healthcare, CAC Pharma & Bio, CAC Mid & Small, CAC All Tradable, EnterNext PEA-PME 150 and Next Biotech indexes.        
For more information, please visit www.erytech.com        

CONTACTS
  

ERYTECH                      Eric Soyer CFO & COO	LifeSci Advisors, LLC Corey Davis, Ph.D. Investor Relations	NewCap Mathilde Bohin / Louis-Victor Delouvrier Investor relations Nicolas Merigeau Media relations
+33 4 78 74 44 38 investors@ERYTECH.com	+1 (212) 915 - 2577 cdavis@lifesciadvisors.com	+33 1 44 71 94 94 ERYTECH@newcap.eu

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FAQ

What is the ticker symbol for ERYTECH Pharma?

The ticker symbol for ERYTECH Pharma is ERYP.

When was the half-year financial report for ERYTECH filed?

The half-year financial report for ERYTECH was filed on September 22, 2021.

What is the focus of ERYTECH Pharma's research?

ERYTECH Pharma focuses on developing red blood cell-based therapeutics for severe forms of cancer and orphan diseases.

What are the clinical trials associated with ERYTECH's lead product candidate?

Eryaspase is in a Phase 3 trial for second-line pancreatic cancer and Phase 2 for triple-negative breast cancer.

What regulatory designations has eryaspase received?

Eryaspase has received Fast Track designation from the FDA and orphan drug status from both the FDA and EMA.