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Werewolf Therapeutics to Present Data from Ongoing Phase 1/1b Clinical Trial of WTX-124 as Monotherapy and in Combination with Pembrolizumab in Solid Tumors

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Werewolf Therapeutics has announced new data from their Phase 1/1b trial of WTX-124, an IL-2 INDUKINETM molecule, in patients with solid tumors. The data, presented at ASCO 2024, highlight WTX-124's clinical activity and tolerability, both as a monotherapy and in combination with pembrolizumab. Three objective responses were noted, including one complete response, and the treatment was generally well-tolerated. The company has selected an 18 mg dose of WTX-124 monotherapy for expansion and opened three new trial arms. Additionally, WTX-124 showed enhanced immune activation in combination with pembrolizumab. A webcast to discuss these findings will be held on June 3, 2024.

Positive
  • WTX-124 demonstrated three objective clinical responses, including one complete response.
  • Treatment was generally well-tolerated with manageable adverse events.
  • Enhanced immune activation observed in combination with pembrolizumab.
  • Monotherapy recommended dose for expansion selected at 18 mg.
  • Expansion arms opened for further trial in renal cell carcinoma, melanoma, and squamous cell carcinoma.
  • Potential for accelerated approval discussions with regulators.
Negative
  • Trial data based on a sample size of 47 patients.
  • Treatment emergent adverse events, though manageable, were present.
  • Long-term efficacy and safety data are still pending.

Insights

The clinical data regarding WTX-124 is promising, especially for patients who have previously been refractory to immune checkpoint inhibitors. The trial's early indications of durability in responses—including a confirmed complete response—are significant. The potential to offer a favorable safety profile compared to high-dose IL-2 is quite important. IL-2 therapy has been known to effectively stimulate the immune system, but its high toxicity has limited its use, making these new results noteworthy.

Activating effector T cells over regulatory T cells (Tregs) is a important aspect of successful immunotherapy, aiming to enhance anti-tumor immunity. The combination with pembrolizumab, a well-established immune checkpoint inhibitor, could open new avenues for combination therapies, which are a growing trend in oncology. The tolerability and enhanced immune activation in tumors provides a dual benefit of increased efficacy and reduced side effects.

The announcement provides pointers towards the efficacy and safety profile of WTX-124 as it moves forward in clinical development. The selection of 18 mg as the recommended dose for expansion aligns well with the data on tolerability and clinical activity. This progression into the dose-expansion phase is a positive step, indicating confidence in the drug's safety and efficacy profile in more homogenous patient populations.

Moreover, the opening of expansion arms in specific cancer types like renal cell carcinoma and cutaneous melanoma indicates a focused approach to identifying indications where WTX-124 could be most effective. The strategy to engage regulators for potential accelerated approval pathways showcases the company's proactive efforts in moving this therapy through the clinical pipeline efficiently.

-  WTX-124 was shown to be clinically active and generally well-tolerated in patients who were relapsed/refractory to immune checkpoint inhibitor therapy -

-  Encouraging single agent clinical activity with three objective responses, including a durable confirmed complete response -

-  Monotherapy recommended dose for expansion selected and expansion arms open for enrollment -

-  Preliminary data on WTX-124 administered to patients in combination with pembrolizumab showed that the combination was generally well-tolerated with enhanced immune activation in tumors -

-  Company to host webcast to review these data on Monday, June 3, 2024, at 8:00 am ET -

WATERTOWN, Mass., June 01, 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 new clinical data from the Phase 1/1b trial evaluating WTX-124, its conditionally activated Interleukin-2 (IL-2) INDUKINETM molecule, in patients with locally advanced or metastatic solid tumors after checkpoint inhibitor therapy. The data will be presented today, on June 1, 2024, in a poster session at the 2024 American Society of Clinical Oncology (ASCO) Annual Meeting in Chicago, Illinois, and in a webcast on June 3, 2024.

“Approved high-dose IL-2 (HD IL-2) has been known to be effective in creating durable responses for some patients, however the toxicity of the drug has meant that many patients are not eligible for the treatment,” said Justin Moser, M.D., WTX-124 study investigator and Associate Clinical Investigator, HonorHealth Research Institute, Scottsdale, AZ. “The emerging data from the Phase 1/1b clinical trial of WTX-124 suggest that we may potentially achieve durable objective responses with a favorable safety profile for patients in the outpatient setting, some of whom would not have been candidates for HD IL-2.”

“We are pleased to share these findings from our ongoing Phase 1/1b clinical trial of WTX-124 that build on the promise of our INDUKINE hypothesis that potent cytokine-based immunotherapies could address difficult-to-treat tumors while minimizing toxicities typical of IL-2 therapy,” added Randi Isaacs, M.D., Chief Medical Officer. “We have selected our recommended dose for expansion (RDE) and opened three monotherapy expansion arms in more homogenous and less heavily pre-treated populations to better assess clinical activity in each while we continue to explore additional doses in dose escalation. In addition, the combination of WTX-124 with pembrolizumab was generally well-tolerated, which alongside compelling biomarker activity, suggests the potential for combination efficacy. Altogether, these results reinforce our conviction in WTX-124 as a potential best-in-class IL-2 therapy, and we look forward to providing additional updates as the program progresses.”

The ongoing Phase 1/1b study is evaluating WTX-124 as a monotherapy and in combination with pembrolizumab in patients with immunotherapy sensitive advanced or metastatic solid tumors who have failed standard of care treatment, including checkpoint inhibitor therapy. The presentation at ASCO captures data from 47 heavily pretreated patients: 35 patients treated with at least one monotherapy dose of WTX-124, ranging from 1 mg to 28 mg; 12 patients treated with WTX-124 at doses ranging from 3 mg to 12 mg in combination with pembrolizumab.

Data as of the May 1, 2024, cutoff date are summarized as follows:

  • WTX-124 as a monotherapy produced three objective clinical responses including one durable confirmed complete response (CR) and two partial responses (PRs) in patients who are relapsed/refractory to immune checkpoint inhibitor therapy.
  • Responding patients had 100% regression of target lesions with responses occurring within the first two cycles of therapy and showing durability at RDE.
  • Related treatment emergent adverse events (TEAEs) were primarily mild to moderate in severity, manageable and reversible; no new safety signals were identified when WTX-124 was combined with pembrolizumab.
  • Analysis of paired tumor biopsies by NanoString suggests that WTX-124 robustly activated/expanded effector T cells preferentially over Tregs.
  • Increased T cell activation signature for the combination suggests a potential for improved antitumor activity by combining WTX-124 with pembrolizumab.
  • WTX-124 was clinically active and generally well tolerated in patients, not all of whom would be eligible for HD IL-2 based on age, indication or other factors.

These findings are summarized in a poster titled, “A phase 1/1b trial of the IL-2 prodrug WTX-124 in patients with locally advanced or metastatic solid tumors after checkpoint inhibitor therapy: Updated results of the monotherapy dose escalation and initial results of the combination therapy dose escalation with pembrolizumab.” The poster can be viewed in person from 9:00 am-12:00 pm CT on Saturday, June 1, 2024, on board number 102 and is available on the Company’s website at https://investors.werewolftx.com/news-and-events/scientific-resources.

Next Steps for WTX-124 Development
Based on these results, Werewolf has selected a WTX-124 monotherapy dose of 18 mg administered intravenously every two weeks (IV Q2W), as the RDE to progress into the Phase 1b dose-expansion portion of the trial. The Company has thus far opened three expansion arms in advanced or metastatic renal cell carcinoma, cutaneous melanoma and cutaneous squamous cell carcinoma. Werewolf also continues to dose-escalate WTX-124 in combination with pembrolizumab and expects to select an RDE to open the combination dose-expansion portion of the study in the third quarter of 2024. In parallel, the Company also plans to engage regulators to discuss potential registrational pathways for WTX-124, including strategies for monotherapy accelerated approval in immune-checkpoint inhibitor relapsed/refractory indications.

Webcast Details
Werewolf will host a webcast at 8:00 am ET on Monday, June 3, 2024, to review these clinical results presented at ASCO. Werewolf management will be joined by study investigator Justin Moser, M.D., Associate Clinical Investigator, HonorHealth Research Institute, Scottsdale, AZ, who will present the updated data. The event can be accessed live at https://investors.werewolftx.com/news-and-events/events. An archived replay will be available for approximately 90 days following the event.

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 expect to advance 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:
Josh Rappaport
Precision AQ
212.362.1200
Josh.Rappaport@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 is Werewolf Therapeutics' latest announcement about?

Werewolf Therapeutics announced new data from their Phase 1/1b trial of WTX-124 in solid tumors, which showed clinical activity and tolerability.

What are the key findings from the WTX-124 clinical trial?

Key findings include three objective responses, one complete response, and enhanced immune activation in combination with pembrolizumab.

What dose of WTX-124 was selected for expansion?

An 18 mg dose of WTX-124 monotherapy was selected for the expansion phase of the trial.

How was WTX-124 tolerated by patients?

WTX-124 was generally well-tolerated, with manageable and reversible adverse events.

When and where will Werewolf Therapeutics discuss the new data?

A webcast to discuss the new data will be held on June 3, 2024, at 8:00 am ET.

What is the significance of combining WTX-124 with pembrolizumab?

Combining WTX-124 with pembrolizumab showed enhanced immune activation, suggesting potential improved antitumor activity.

What cancers are being targeted in the new expansion arms of the trial?

The new expansion arms target advanced or metastatic renal cell carcinoma, cutaneous melanoma, and cutaneous squamous cell carcinoma.

What is the significance of the data presented at ASCO 2024?

The data presented at ASCO 2024 support the potential of WTX-124 as a best-in-class IL-2 therapy with a favorable safety profile.

What is the stock symbol for Werewolf Therapeutics?

The stock symbol for Werewolf Therapeutics is HOWL.

What are Werewolf Therapeutics' next steps for WTX-124?

The next steps include dose-escalation studies, regulatory discussions for potential accelerated approval, and expanding clinical trials.

Werewolf Therapeutics, Inc.

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