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Werewolf Therapeutics Highlights Initial Safety and Efficacy Data from its Ongoing Phase 1 Clinical Trial Evaluating WTX-330 in Patients with Advanced or Metastatic Solid Tumors or Non-Hodgkin Lymphoma

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Werewolf Therapeutics reveals initial safety and efficacy data from its ongoing Phase 1 clinical trial of WTX-330. The trial involves patients with advanced or metastatic solid tumors or non-Hodgkin lymphoma. The data show WTX-330 achieved therapeutically relevant exposure levels of IL-12 prodrug with improved tolerability compared to historical data. One metastatic melanoma patient showed an unconfirmed partial response, and two colorectal cancer patients achieved stable disease. Mild to moderate treatment-related toxicities were observed, with no Grade 4 or 5 adverse events. An expanded Phase 1 program is now open, with further results anticipated in Q4 2024.

Positive
  • WTX-330 demonstrated 23-fold higher systemic IL-12 concentration at 0.024 mg/kg dose compared to historical data.
  • One metastatic melanoma patient achieved an unconfirmed partial response.
  • Two colorectal cancer patients showed RECIST stable disease, with one maintaining stability for 24 weeks.
  • Robust activation of immune biomarkers observed, including increased CD8+ T and NK cell activity.
  • Mild to moderate treatment-related toxicities with no Grade 4 or 5 events.
  • Two expansion arms opened for patients with immune checkpoint inhibitor-resistant or -naïve tumors.
Negative
  • Two patients experienced reversible dose-limiting toxicities at 0.032 mg/kg (Grade 3 mucositis, Grade 3 AST increase).
  • No maximum tolerated dose has been established yet.

Insights

WTX-330 is being developed as a novel treatment for patients with advanced tumors resistant to standard therapies. The initial safety and efficacy data from the Phase 1 trial are encouraging, especially given the historical challenges with IL-12 therapy, which has been noted for its severe toxicities.

The key takeaway here is the greatly increased therapeutic window of WTX-330. The drug has shown a 23-fold higher systemic drug concentration compared to traditional IL-12 therapies but with significantly lower free IL-12 levels. This means patients might see clinical benefits without the severe side effects that have historically limited IL-12's use. For retail investors, this could signify a potential breakthrough in immunotherapy, making Werewolf Therapeutics a company to watch in the oncology space.

Moreover, the immune biomarker activity is notable. Increased antitumor CD8+ T and NK cell expansion are critical indicators that the body's own immune system is being effectively harnessed to attack the cancer cells. This is an important point because it suggests that WTX-330 is not just another chemotherapy drug, but a therapy that stimulates the body's natural defenses.

In terms of longevity and market potential, the expansion of the Phase 1 trial to include checkpoint inhibitor-resistant and -naïve patients indicates a broadening of the potential patient base. This sets up the company for more extensive trials and if successful, could lead to significant market penetration.

The initial data from Werewolf Therapeutics on WTX-330 suggests that it could fill a significant niche in the treatment of advanced or metastatic solid tumors and non-Hodgkin lymphoma. Historically, IL-12 based therapies have been plagued by severe systemic toxicities, but the conditionally activated IL-12 molecule of WTX-330 appears to offer a solution to this issue. The lower incidence of severe adverse events (no Grade 4 or 5 toxicities) is particularly promising.

One of the most remarkable outcomes is the preliminary partial response in a metastatic melanoma patient. This offers a glimmer of hope for those cancer types that have shown resistance to available treatments. The ongoing activation of immune cells like CD8+ T cells and NK cells further reinforces the potential of this therapy to provide durable responses, which could significantly improve the prognosis for these patients.

For retail investors, understanding the importance of immune biomarker activation is crucial. These biomarkers are indicators of how well the body is responding to the therapy on a molecular level and in this case, they are showing positive signs. Additionally, the company’s commitment to expanding its trial arms demonstrates a proactive approach to understanding and maximizing the drug's potential, which can be a positive signal for long-term investment.

From a financial perspective, Werewolf Therapeutics' ongoing Phase 1 trial data for WTX-330 is an essential development. The company has demonstrated that WTX-330 can achieve therapeutically relevant exposure levels with an improved tolerability profile. This is a major talking point, given the historical challenges with IL-12 therapies due to toxicity issues. If WTX-330 can continue to show efficacy without significant adverse events, it may capture market share from existing treatments that have less favorable side-effect profiles.

The expansion of the Phase 1 program to include patients resistant to immune checkpoint inhibitors, as well as those for whom these inhibitors are not indicated, potentially broadens the market significantly. This suggests that Werewolf Therapeutics is strategically positioning itself to tap into multiple segments of the oncology market, which could translate into substantial revenue growth if the product successfully progresses through clinical trials.

Additionally, the early data showing a partial response in a metastatic melanoma patient and stable disease in two colorectal cancer patients can be seen as initial proof of concept. Investors should be aware that while these results are promising, the drug is still in early stages and further data will be important for long-term prospects. However, the positive signals from these preliminary results can lead to increased investor confidence and potentially drive the stock price up in the short term.

- Data demonstrate that administration of WTX-330 reached therapeutically relevant exposure levels of systemically delivered IL-12 prodrug with an improved tolerability profile over historical data for rhIL-12 -

- Early WTX-330 dose-escalation data demonstrated encouraging clinical activity and evidence of immune biomarker activity including an unconfirmed partial response in a metastatic melanoma patient -

- Expansion arms open to checkpoint inhibitor-resistant or -naïve relapsed or refractory advanced tumor patients; additional results anticipated in the fourth quarter of 2024 -

WATERTOWN, Mass., June 25, 2024 (GLOBE NEWSWIRE) -- Werewolf Therapeutics, Inc. (the “Company” or “Werewolf”) (Nasdaq: HOWL), an innovative biopharmaceutical company pioneering the development of conditionally activated therapeutics engineered to stimulate the body’s immune system for the treatment of cancer, today announced initial results from the Phase 1 clinical trial evaluating WTX-330, its conditionally activated interleukin-12 (IL-12) INDUKINE™ molecule, as monotherapy in patients with immunotherapy insensitive or resistant locally advanced or metastatic solid tumors or non-Hodgkin lymphoma.

“Our focus at Werewolf is grounded in advancing a pipeline of next generation, transformative immuno-stimulatory medicines,” said Daniel J. Hicklin, Ph.D., President and Chief Executive Officer of Werewolf. “These preliminary clinical data show promising tolerability and signals of efficacy of WTX-330 in heavily pretreated patients with late-stage solid tumors. We look forward to continued advancement of WTX-330 and further understanding the potential clinical benefit for this molecule.”

IL-12 therapy holds tremendous promise for immune-resistant cancer patients but has been historically limited by severe toxicity, like many cytokines. Werewolf is developing a novel, conditionally activated IL-12, WTX-330, in order to overcome this key limitation with its systemically administered, tissue-targeted technology, optimizing its therapeutic index so that efficacious doses can be delivered for clinical impact.

As of the cutoff date of June 12, 2024, the study had dosed eleven patients in dose escalation with solid tumors relapsed or refractory to all standard of care therapies with at least one dose of WTX-330 across three dose escalation cohorts, 0.016 mg/kg (n=3), 0.024 mg/kg (n=3), or 0.032 mg/kg (n=5) and two patients in dose expansion at 0.024 mg/kg.

Preliminary results as of the cutoff date showed: 

  • Greatly increased therapeutic window: Compared to previous IL-12 therapeutic strategies (recombinant human IL-12 (rhIL-12) at 500 ng/kg (maximum tolerated dose)), at the 0.024 mg/kg dose, WTX-330 demonstrated an approximately 23-fold higher systemic drug concentration of IL-12 prodrug delivered to patients in the outpatient setting, with low free IL-12 levels across all dose levels (<1.6% of prodrug exposure).
  • Encouraging signals of clinical activity: One patient with metastatic melanoma who had previously progressed on adjuvant pembrolizumab was treated with 0.024 mg/kg WTX-330 administered intravenously once every two weeks (IV Q2W) and achieved an unconfirmed partial response by Response Evaluation Criteria in Solid Tumors (RECIST) after eight weeks with no evidence of disease on biopsy and marked decreased uptake on positron emission tomography (PET) imaging. A confirmatory scan for this patient is pending. Two additional patients with microsatellite stable (MSS) colorectal cancer (CRC) were treated with 0.032 mg/kg WTX-330 IV Q2W and achieved RECIST stable disease, one for 24 weeks with evidence of tumor biomarker activity.
  • Robust activation of immune biomarkers: Evidence of increased antitumor CD8+ T and natural killer (NK) cell expansion and activation in on-treatment tumor biopsies and/or upregulation of tumor immune gene signatures were observed in the two MSS CRC patients with stable disease.
  • Emerging tolerability profile: All patients exhibited mild to moderate treatment-related toxicities (fever, chills, cytopenias) primarily associated with the first dose, with no Grade 4 or Grade 5 related adverse events. These were correlated with dose-dependent increases in peripheral IFNɣ and IP-10. Two patients experienced reversible dose-limiting toxicities (Grade 3 mucositis, Grade 3 aspartate aminotransferase (AST) increase) at the 0.032 mg/kg dose level, including the MSS CRC patient with prolonged stable disease who remained on therapy for over 6 months after resolution of the mucositis. A maximum tolerated dose has not been established.
  • Expanded Phase 1 program: The Company has opened two expansion arms evaluating 0.024 mg/kg of WTX-330. Eligible patients include those with immune checkpoint inhibitor (ICI)-sensitive solid tumors who demonstrate primary or secondary resistance to immunotherapy (Arm A) and patients with solid tumors or lymphoma for whom ICI blockade is not approved or indicated (Arm B). Two patients have been enrolled into the expansion arms to date and have received at least one dose of WTX-330.

“We believe this is the first time that clinical benefit using a full-potency, systemically delivered, IL-12 molecule has been observed at therapeutically relevant doses with fewer severe toxicity-related events in an outpatient setting,” said Randi Isaacs, M.D., Chief Medical Officer of Werewolf. “We are encouraged by these early results and anticipate presenting further safety, biomarker, and antitumor activity from patients enrolled in expansion arms at a medical meeting in the fourth quarter of 2024.”

About IL-12
Interleukin-12 (IL-12) is a cytokine well recognized as a promising antitumoral therapeutic agent due to its range of functions that include activation of natural killer (NK) cells, NK T and CD8+ T cells, promotion of dendritic cell (DC) antigen presentation, and production of IFN-γ. Native IL-12 is highly toxic, and all previous methods of administration of the molecule at potentially efficacious doses have resulted in unmanageable systemic toxicities or lack of efficacy. To leverage the potent therapeutic properties of IL-12, there is a need to develop locally active but systemically blocked IL-12-based treatment approaches.

About WTX-330
WTX-330 was designed to be a systemically dosed prodrug with the ability to deliver fully active IL-12 selectively into the tumor microenvironment via targeted intratumoral activation of the INDUKINE molecule, potentially broadening the therapeutic window and promoting local activation and immune response against the tumor.

About Werewolf Therapeutics
Werewolf Therapeutics, Inc., is an innovative biopharmaceutical company pioneering the development of therapeutics engineered to stimulate the body’s immune system for the treatment of cancer. We are leveraging our proprietary PREDATOR® platform to design conditionally activated molecules that stimulate both adaptive and innate immunity with the goal of addressing the limitations of conventional proinflammatory immune therapies. Our INDUKINE™ molecules are intended to remain inactive in peripheral tissue yet activate selectively in the tumor microenvironment. Our most advanced clinical stage product candidates, WTX-124 and WTX-330, are systemically delivered, conditionally activated Interleukin-2 (IL-2), and Interleukin-12 (IL-12) INDUKINE molecules, respectively, for the treatment of solid tumors. We are advancing WTX-124 in multiple tumor types as a single agent and in combination with an immune checkpoint inhibitor and WTX-330 in multiple tumor types or Non-Hodgkin Lymphoma as a single agent. To learn more visit www.werewolftx.com.

Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements that involve substantial risks and uncertainties. All statements, other than statements of historical facts, contained in this press release, including statements regarding Werewolf’s strategy, future operations, prospects, plans, objectives of management, the expected timeline regarding the clinical development of product candidates, including the announcement of data, the potential activity and efficacy of product candidates in preclinical studies and clinical trials, and the timing and outcome of planned meetings with regulatory authorities, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. The words “aim,” “anticipate,” “approach,” “believe,” “contemplate,” “continue,” “could,” “design,” “designed to,” “engineered,” “estimate,” “expect,” “goal,” “intend,” “may,” “might,” “objective,” “ongoing,” “plan,” “potential,” “predict,” “project,” “promise,” “should,” “target,” “will,” or “would,” or the negative of these terms, or other comparable terminology are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. The Company may not actually achieve the plans, intentions or expectations disclosed in these forward-looking statements, and you should not place undue reliance on these forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in these forward-looking statements as a result of various important factors, including: uncertainties inherent in the development of product candidates, including the conduct of research activities, the initiation and completion of preclinical studies and clinical trials; uncertainties as to the availability and timing of results from preclinical studies and clinical trials; the timing of and the Company’s ability to submit and obtain regulatory approval for investigational new drug applications; whether results from preclinical studies will be predictive of the results of later preclinical studies and clinical trials; whether interim or preliminary data from a clinical trial will be predictive of the results of the trial and future clinical trials; the Company’s ability to obtain sufficient cash resources to fund the Company’s foreseeable and unforeseeable operating expenses and capital expenditure requirements; as well as the risks and uncertainties identified in the “Risk Factors” section of the Company’s most recent Form 10-Q filed with the Securities and Exchange Commission (“SEC”), and in subsequent filings the Company may make with the SEC. In addition, the forward-looking statements included in this press release represent the Company’s views as of the date of this press release. The Company anticipates that subsequent events and developments will cause its views to change. However, while the Company may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of this press release.

PREDATOR® is a registered trademark of Werewolf Therapeutics, Inc., Watertown, MA, USA.

Investor Contact:
John Norton
Precision AQ
212.362.1200
John.Norton@precisionaq.com

Media Contact:
Amanda Sellers
VERGE Scientific Communications
301.332.5574
asellers@vergescientific.com

Company Contact:
Ellen Lubman
Chief Business Officer
Werewolf Therapeutics
elubman@werewolftx.com


FAQ

What are the initial results of the Phase 1 clinical trial for WTX-330?

Initial results indicate that WTX-330 achieved therapeutically relevant IL-12 exposure levels with improved tolerability, one metastatic melanoma patient showed an unconfirmed partial response, and two colorectal cancer patients achieved stable disease.

What is the significance of WTX-330's dose-escalation data?

The data demonstrated encouraging clinical activity with a 23-fold higher systemic IL-12 concentration at a 0.024 mg/kg dose and an improved tolerability profile over historical IL-12 therapies.

What are the observed toxicities in the WTX-330 Phase 1 trial?

Mild to moderate treatment-related toxicities were observed, including fever, chills, and cytopenias, with no Grade 4 or 5 events. Two patients experienced reversible dose-limiting toxicities at the 0.032 mg/kg dose level.

When are the additional results from the WTX-330 trial expected?

Further results from the expanded Phase 1 program are anticipated in the fourth quarter of 2024.

How did WTX-330 perform in metastatic melanoma patients?

One metastatic melanoma patient achieved an unconfirmed partial response after being treated with WTX-330 at a 0.024 mg/kg dose.

What is the stock symbol for Werewolf Therapeutics?

The stock symbol for Werewolf Therapeutics is HOWL.

What is the aim of the expanded Phase 1 program for WTX-330?

The expanded Phase 1 program aims to evaluate WTX-330 in patients with immune checkpoint inhibitor-sensitive tumors resistant to immunotherapy and those with tumors or lymphoma where ICI blockade is not approved.

Werewolf Therapeutics, Inc.

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