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Nkarta Initiates Clinical Trial of NKX019 in Lupus Nephritis with First Patient in Screening and Announces Pipeline Expansion to Additional Autoimmune Indications

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Nkarta has initiated the Ntrust-1 clinical trial for NKX019 in lupus nephritis with the first patient now in screening.

The company has received FDA clearance for a second IND application for NKX019, enabling the launch of Ntrust-2 to treat systemic sclerosis, myositis, and vasculitis.

Both trials aim to assess the safety and efficacy of NKX019, an allogeneic CAR NK-cell therapy designed to target CD19-positive cells in B-cell mediated diseases.

Data from these trials are expected by 2025.

NKX019 leverages fludarabine-free lymphodepletion and offers on-demand dosing capabilities.

The Ntrust-1 trial involves administering NKX019 on Days 0, 7, and 14, while Ntrust-2 will adopt a different dosing schedule.

Each trial will initially enroll up to 12 patients.

Positive
  • Initiation of Ntrust-1 trial for lupus nephritis.
  • FDA clearance for Ntrust-2 trial IND application.
  • Planned data release for Ntrust-1 and Ntrust-2 in 2025.
  • Expansion of NKX019 to treat additional autoimmune diseases.
  • Potential for NKX019 to offer safer, more accessible cell therapy.
  • Allogeneic NK-cell therapy designed for deep, rapid B-cell depletion.
Negative
  • None.

The initiation of clinical trials Ntrust-1 and Ntrust-2 marks a significant milestone for Nkarta. The focus on lupus nephritis and broadening into systemic sclerosis, myositis and vasculitis is noteworthy. These conditions are characterized by immune system dysfunctions where the body attacks its own tissues and organs, leading to chronic inflammation and tissue damage.

NKX019 is an innovative therapy targeting CD19-positive B-cells, which play a pivotal role in autoimmune diseases. Conventional therapies for these conditions are often limited to symptom management and immunosuppression, carrying substantial side effects and often failing to achieve long-term remission. By potentially resetting the immune system, NKX019 offers a novel approach that could revolutionize treatment paradigms.

In terms of trial design, the use of single-agent lymphodepletion with cyclophosphamide is strategic. Cyclophosphamide is well-known for its safety in autoimmune conditions, ensuring the trials remain focused on the novel aspects of NKX019. Additionally, the allowance for repeated dosing provides flexibility, potentially enhancing therapeutic efficacy.

For retail investors, it is essential to recognize the long timelines typical of clinical trials, with initial data expected only by 2025. Potential benefits include tapping into underserved markets with high unmet medical needs, which could significantly increase shareholder value if successful. However, the inherent risks of clinical trials, including unexpected adverse effects or insufficient efficacy, cannot be ignored.

Nkarta’s expansion into autoimmune disease with NKX019 indicates strategic growth in a lucrative sector. Autoimmune diseases represent a substantial market opportunity, with the global market for autoimmune treatments projected to reach $153 billion by 2027. However, the competitive landscape is fierce, populated by established pharmaceutical giants with significant resources.

Nkarta’s approach of leveraging NK cell therapy, which promises reduced toxicity and enhanced efficacy compared to traditional methods, could position it as a disruptive force in the market. However, investors should be aware of the lengthy and costly nature of bringing such therapies to market, compounded by the high failure rates in clinical trials. The company’s financial health and ability to sustain prolonged R&D expenses will be critical factors to monitor.

Further, the successful clearance of the IND by the FDA for both trials is a positive indicator of regulatory confidence in Nkarta’s technology. This milestone often acts as a catalyst for short-term stock price movements, reflecting market optimism. However, sustained stock performance will hinge on clinical trial outcomes and further regulatory milestones.

Investors should also consider the broader implications of Nkarta’s trials. Positive interim results could attract strategic partnerships or acquisition interest from larger pharmaceutical companies, providing additional pathways for value realization.

Nkarta’s foray into treating lupus nephritis and other autoimmune diseases with NKX019 is a strategic move into a market with significant unmet needs. Conditions like lupus nephritis and systemic sclerosis have limited treatment options, often relying on immunosuppressants that carry severe side effects and limited efficacy.

The use of genetically engineered NK cells is cutting-edge, positioning Nkarta at the forefront of cell therapy innovation. This approach could appeal to patients and healthcare providers seeking more effective and safer alternatives. If successful, NKX019 could serve as a flagship product, enhancing Nkarta’s brand and market position.

However, investors should remain cautious. The success of Ntrust-1 and Ntrust-2 trials will be crucial, as market adoption depends heavily on clinical validation and real-world effectiveness. The planned release of clinical data in 2025 means investors should be prepared for a period of uncertainty and closely monitor trial progress and interim results for early indicators of success or failure.

Additionally, the company’s strategy to enroll up to 12 patients per trial phase is prudent, allowing for careful monitoring of safety and efficacy. This conservative approach minimizes risks but also means that scalability and broader market feasibility will only be assessed in later stages.

In conclusion, while the potential is substantial, the path forward involves inherent risks. Retail investors should balance optimism with a critical eye on clinical and regulatory developments.

Patient screening underway in Ntrust-1, the first U.S.-based clinical trial of an engineered NK cell therapy for the treatment of lupus nephritis

IND cleared for Ntrust-2, a clinical trial for NKX019 for the treatment of systemic sclerosis, myositis and vasculitis

Clinical data from Ntrust-1 and Ntrust-2 planned for 2025

SOUTH SAN FRANCISCO, Calif., June 27, 2024 (GLOBE NEWSWIRE) -- Nkarta, Inc. (Nasdaq: NKTX), a biopharmaceutical company developing engineered natural killer (NK) cell therapies, today announced the initiation of Ntrust-1, a multi-center clinical trial of NKX019 in lupus nephritis, with the first patient in screening. The company also announced the clearance by the U.S. Food and Drug Administration (FDA) of its second Investigational New Drug (IND) application for NKX019 in autoimmune disease. With this new IND, Nkarta plans to initiate Ntrust-2, an open-label, multi-center clinical trial of NKX019 for the treatment of systemic sclerosis (SSc, scleroderma), idiopathic inflammatory myopathy (IIM, myositis) and ANCA-associated vasculitis (AAV).

NKX019 is an allogeneic, off-the-shelf, chimeric antigen receptor (CAR) NK-cell therapy candidate engineered to deplete CD19-positive cells in B-cell mediated disease. The approach leverages the potential advantages of NK cell therapy, including fludarabine-free lymphodepletion to reduce toxicity, deep and rapid B-cell depletion, and the added utility of on-demand dosing, including repeated dosing as needed. NKX019 is engineered to exert its biologic activity without the need for antibodies or exogenous cytokines.

“The initiation of Ntrust-1 in lupus nephritis and the IND clearance for three additional indications are critical milestones in our mission to improve the accessibility and safety of cell therapy. NKX019 is unencumbered by many of the safety, infrastructure and logistical challenges associated with existing cell therapy approaches,” said Paul J. Hastings, President & CEO of Nkarta. “Many people living with lupus are historically underserved, and our aim is to develop treatments that are broadly accessible and easier to tolerate and administer.”

Hastings continued, “Our vision goes beyond lupus nephritis, as the unmet need in autoimmune disease is substantial. The clearance of our second IND in autoimmune disease broadens the development of NKX019 and enables us to evaluate three additional B-cell mediated diseases in parallel. We have selected a CRO to support Ntrust-2, and trial activation activities are underway. Meanwhile, we are also exploring other opportunities to positively impact the treatment of different populations with autoimmune disease through collaborations with leading investigators.”

“People living with systemic sclerosis have limited treatment options, especially treatments that target the whole patient and not just one organ system,” said Elizabeth Volkmann, M.D., M.S., Director of the UCLA Scleroderma Program and the founder and Co-Director of the UCLA Connective Tissue Disease-Related Interstitial Lung Disease Program. “The early results of studies using cell therapy in autoimmune diseases such as systemic sclerosis are encouraging, and I look forward to seeing how these treatments affect outcomes for people living with this condition.”

Ntrust-1 and Ntrust-2 are multi-center, open label, dose escalation clinical trials that build on academic studies of durable, drug-free remissions in patients with autoimmune disease after CD19-targeted cell therapy. Both trials will assess the safety of NKX019 in people living with autoimmune diseases as well as its ability to enable long-term remissions via a “reset” of the immune system through the elimination of pathogenic B cells. All patients across both studies will receive three-dose cycles of NKX019 at 1 billion or 1.5 billion cells per dose following single-agent lymphodepletion with cyclophosphamide, an agent with an established safety profile across autoimmune diseases.

In the Ntrust-1 study, patients with refractory lupus nephritis receive NKX019 on Days 0, 7 and 14. Patients in Ntrust-1 may also receive additional cycles to restore response. Once initiated, Ntrust-2 will enroll patients with SSc, IIM or AAV into parallel cohorts, and NKX019 will be dosed on Days 0, 3, and 7, a regimen that may be advantageous across all Nkarta clinical trials. Each trial is designed to initially enroll up to 12 patients.

About SLE
Systemic lupus erythematosus (SLE) is an autoimmune disease characterized by abnormal B-cell function and autoantibody production which results in a range of clinical manifestations, including organ damage and an increased risk of death. Lupus nephritis (LN) is among the most severe manifestations of SLE. Approximately 40 percent of the estimated 200,000 patients in the U.S. diagnosed with SLE will develop LN. Up to 30 percent of patients with LN progress to end stage kidney disease, which can be fatal without dialysis or a kidney transplant.

About Systemic Sclerosis
Systemic sclerosis (SSc, scleroderma) is a progressive autoimmune disease characterized by inflammation and hardening in the skin and other areas of the body including blood vessels and vital organs, especially the lungs. Aberrant immune responses involving autoantibodies induce an inflammatory response in normal tissues that causes the body to produce excess collagen, leading to tight, hard tissue and injury to blood vessels. There are approximately 100,000 people in the U.S. living with SSc. There are no available treatments to halt or reverse the disease process. Approved therapies focus primarily on disease symptoms and can involve significant side effects.

About Myositis
Idiopathic inflammatory myopathy (IIM, myositis) is a group of autoimmune disorders characterized by inflammation, weakness, muscle damage, pain, and compromised quality of life. The disease can affect vital organs and be life-threatening. Across the three major subtypes thought to be driven by B cells, dermatomyositis (DM), immune-mediated necrotizing myopathy (IMNM) and anti-synthetase syndrome (ASyS), there are an estimated 50,000 people in the U.S. living with the disease. Despite approved therapies, many people with myositis have refractory disease.

About ANCA-associated vasculitis
Anti-neutrophilic cytoplasmic autoantibody (ANCA) vasculitis is an autoimmune disease characterized by severe, systemic damage to small blood vessels. ANCAs attach to neutrophils, a type of white blood cell, and cause the neutrophils to attack small blood vessels walls, causing inflammation. Inflamed vessels may rupture or become blocked, leading to clinical symptoms and a systemic inflammatory response. Patients may have disease-related complications, such as life-threatening damage to the kidneys, lungs and other organs, as well as toxicities associated with treatment, such as long-term use of immunosuppressants like glucocorticoids. It is estimated that approximately 140,000 people in the U.S. are living with vasculitis.

About NKX019
NKX019 is an allogeneic, cryopreserved, off-the-shelf immunotherapy candidate that uses natural killer (NK) cells derived from the peripheral blood of healthy adult donors. It is engineered with a humanized CD19-directed chimeric antigen receptor (CAR) for enhanced cell targeting and a proprietary, membrane-bound form of interleukin-15 (IL-15) for greater persistence and activity without exogenous cytokine support. CD19 is a biomarker for normal B cells as well as those implicated in autoimmune disease and B cell-derived malignancies.

About Nkarta
Nkarta is a clinical-stage biotechnology company advancing the development of allogeneic, off-the-shelf, on-demand natural killer (NK) cell therapies. By combining its cell expansion and cryopreservation platform with proprietary cell engineering technologies and CRISPR-based genome engineering capabilities, Nkarta is building a pipeline of future cell therapies engineered for deep therapeutic activity and intended for broad access in the outpatient treatment setting. For more information, please visit the company’s website at www.nkartatx.com.  

Cautionary Note on Forward-Looking Statements
Statements contained in this press release regarding matters that are not historical facts are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Words such as "anticipates," "believes," "expects," "intends," “plans,” “potential,” "projects,” “would” and "future" or similar expressions are intended to identify forward-looking statements. Examples of these forward-looking statements include, but are not limited to, statements concerning Nkarta’s expectations regarding any or all of the following: Nkarta’s plans, strategies and timelines (including initiation of further clinical trials) for the continued and future clinical development and commercial potential of NKX019 for the treatment of autoimmune disease, including lupus, systemic sclerosis, myositis and vasculitis; the therapeutic potential, accessibility, tolerability, advantages, and safety profile of NK cell therapies, including NKX019, for the treatment of autoimmune disease, including lupus, systemic sclerosis, myositis and vasculitis; the advantages of a “Days 0, 3, and 7” dosing regimen; and Nkarta’s plans and timelines for the future availability and disclosure of clinical data from Ntrust-1 and Ntrust-2 or other updates regarding the clinical trials.

Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, among others: Nkarta’s limited operating history and historical losses; Nkarta’s lack of any products approved for sale and its ability to achieve profitability; the risk that the results of preclinical studies and early-stage clinical trials may not be predictive of future results; Nkarta’s ability to raise additional funding to complete the development and any commercialization of its product candidates; Nkarta’s dependence on the clinical success of NKX019; that Nkarta may be delayed in initiating, enrolling or completing its clinical trials; competition from third parties that are developing products for similar uses; Nkarta’s ability to obtain, maintain and protect its intellectual property; Nkarta’s dependence on third parties in connection with manufacturing, clinical trials and pre-clinical studies; and the complexity of the manufacturing process for CAR NK cell therapies.

These and other risks and uncertainties are described more fully in Nkarta’s filings with the Securities and Exchange Commission (“SEC”), including the “Risk Factors” section of Nkarta’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2024, filed with the SEC on May 9, 2024, and Nkarta’s other documents subsequently filed with or furnished to the SEC. All forward-looking statements contained in this press release speak only as of the date on which they were made. Except to the extent required by law, Nkarta undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

Nkarta Media/Investor Contact:
Greg Mann
Nkarta, Inc.
gmann@nkartatx.com


FAQ

What is the Ntrust-1 trial for NKX019?

The Ntrust-1 trial is a clinical study initiated by Nkarta to evaluate NKX019 in treating lupus nephritis, with patient screening currently underway.

What is the purpose of the Ntrust-2 trial?

The Ntrust-2 trial aims to assess NKX019 for treating systemic sclerosis, myositis, and vasculitis following FDA clearance for the IND application.

When will data from the Ntrust-1 and Ntrust-2 trials be available?

Nkarta plans to release data from the Ntrust-1 and Ntrust-2 trials in 2025.

How does NKX019 work in treating autoimmune diseases?

NKX019 is a CAR NK-cell therapy designed to target and deplete CD19-positive cells in B-cell mediated diseases, offering deep and rapid B-cell depletion with fludarabine-free lymphodepletion.

What are the dosing schedules for NKX019 in the Ntrust-1 and Ntrust-2 trials?

In the Ntrust-1 trial, NKX019 will be administered on Days 0, 7, and 14. The Ntrust-2 trial will use a different dosing schedule of Days 0, 3, and 7.

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