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Scholar Rock Presents Data for SRK-015 at the World Muscle Society 2020 Virtual Congress

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Scholar Rock (NASDAQ: SRRK), a biopharmaceutical company, announced two poster presentations at the World Muscle Society 2020 Virtual Congress. The posters will cover clinical development data for SRK-015, an investigational therapy for Type 2 and Type 3 Spinal Muscular Atrophy (SMA), detailing findings from a Phase 1 trial and the ongoing Phase 2 TOPAZ trial. The TOPAZ trial is fully enrolled, with an interim analysis expected in Q4 2020. SRK-015 has received Orphan Drug and Rare Pediatric Disease designations, though its safety and efficacy remain unestablished.

Positive
  • SRK-015 has received Orphan Drug Designation and Rare Pediatric Disease designation.
  • The TOPAZ Phase 2 clinical trial is fully enrolled, indicating strong interest and potential efficacy.
Negative
  • The effectiveness and safety of SRK-015 have not been established or approved by the FDA.
  • No specific efficacy data is available from the ongoing clinical trials.

CAMBRIDGE, Mass.--()--Scholar Rock (NASDAQ: SRRK), a clinical-stage biopharmaceutical company focused on the treatment of serious diseases in which protein growth factors play a fundamental role, today announced two poster presentations as part of the World Muscle Society (WMS) 2020 Virtual Congress. The SRK-015 clinical development poster will showcase previously presented data from the Phase 1 healthy volunteer trial, as well as baseline characteristics and demographics from the TOPAZ Phase 2 proof-of-concept trial evaluating SRK-015 for the treatment of patients with Type 2 and Type 3 Spinal Muscular Atrophy (SMA). The second poster shares data on the pharmacologic effects of SRK-015 in patients with SMA, healthy volunteers, and across animal species.

Details for the two virtual posters at the WMS meeting are as follows:

  • Title: Clinical Development of SRK-015, a Fully Human Anti-proMyostatin Monoclonal Antibody, for the Treatment of Later-Onset Spinal Muscular Atrophy
  • Title: Myostatin Dynamics in Health and Disease: Pharmacologic Effects of SRK-015, a Highly Selective Monoclonal Antibody Inhibitor of Myostatin Activation
  • Virtual poster presentations on October 1, 2020 at 17:30-19:30 BST.

The SRK-015 TOPAZ Phase 2 clinical trial is fully enrolled, and a 6-month interim efficacy and safety analysis is planned for the fourth quarter of 2020 with top-line data for the 12-month treatment period expected in the first half of 2021. As of September 25, 2020, 22 patients across the three cohorts have completed the 12-month treatment period, and all 22 have opted into the 12-month extension period.

About SRK-015

SRK-015 is a selective inhibitor of the activation of myostatin and is an investigational product candidate for the treatment of patients with spinal muscular atrophy (SMA). Myostatin, a member of the TGFβ superfamily of growth factors, is expressed primarily by skeletal muscle cells, and the absence of its gene is associated with an increase in muscle mass and strength in multiple animal species(1). Scholar Rock believes the inhibition of the activation of myostatin with SRK-015 may promote a clinically meaningful increase in muscle strength(2). A Phase 2 clinical trial in patients with Type 2 and Type 3 SMA is ongoing (NCT03921528). The U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation (ODD) and Rare Pediatric Disease (RPD) designation, and the European Commission (EC) has granted Orphan Medicinal Product Designation, to SRK-015 for the treatment of SMA. The effectiveness and safety of SRK-015 have not been established and SRK-015 has not been approved for any use by the FDA or any other regulatory agency.

(1) Han, H.Q., Zhou, Xiaolan, Goldberg, A. Myostatin/activin pathway antagonism: Molecular basis and therapeutic potential. International Journal of Biochemistry & Cell Biology, 2013, 45(10):2119-2348

(2) Long, K., O’Shea, K., Khairallah, R., et al. Specific Inhibition of Myostatin Activation is Beneficial in Mouse Models of SMA Therapy. 2018. Human Molecular Genetics, ddy382

About Scholar Rock

Scholar Rock is a clinical-stage biopharmaceutical company focused on the discovery and development of innovative medicines for the treatment of serious diseases in which signaling by protein growth factors plays a fundamental role. Scholar Rock is creating a pipeline of novel product candidates with the potential to transform the lives of patients suffering from a wide range of serious diseases, including neuromuscular disorders, cancer, fibrosis and anemia. Scholar Rock’s approach to targeting the molecular mechanisms of growth factor activation enabled it to develop a proprietary platform for the discovery and development of monoclonal antibodies that locally and selectively target these signaling proteins at the cellular level. By developing product candidates that act in the disease microenvironment, the Company intends to avoid the historical challenges associated with inhibiting growth factors for therapeutic effect. Scholar Rock believes its focus on biologically validated growth factors may facilitate a more efficient development path. For more information, please visit https://scholarrock.com/ or follow Scholar Rock on Twitter (@ScholarRock) and LinkedIn (https://www.linkedin.com/company/scholar-rock/).

Scholar Rock® is a registered trademark of Scholar Rock, Inc.

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Scholar Rock’s future expectations, plans and prospects, including without limitation, Scholar Rock’s expectations regarding the timing of its clinical trials for SRK-015; the potential of SRK-015 to address certain patient unmet needs; and the ability of any product candidate to perform in humans in a manner consistent with nonclinical or preclinical study data. The use of words such as “may,” “might,” “will,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “project,” “intend,” “future,” “potential,” or “continue,” and other similar expressions are intended to identify such forward-looking statements. All such forward-looking statements are based on management's current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. These risks and uncertainties include Scholar Rock’s ability to provide the financial support, resources and expertise necessary to identify and develop product candidates on the expected timeline; preclinical data and results may not be predictive of clinical results; Scholar Rock’s dependence on third parties for development and manufacture of product candidates including to supply any clinical trials; and those risks more fully discussed in the section entitled "Risk Factors" in Scholar Rock’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2020, as well as discussions of potential risks, uncertainties, and other important factors in Scholar Rock’s subsequent filings with the Securities and Exchange Commission. Any forward-looking statements represent Scholar Rock’s views only as of today and should not be relied upon as representing its views as of any subsequent date. All information in this press release is as of the date of the release, and Scholar Rock undertakes no duty to update this information unless required by law.

Contacts

Scholar Rock Contact:
Investors/Media
Catherine Hu
chu@scholarrock.com
917-601-1649

Media Contact:
The Yates Network
Kathryn Morris
kathryn@theyatesnetwork.com
914-204-6412

FAQ

What is Scholar Rock's SRK-015?

SRK-015 is an investigational therapy aimed at treating patients with Type 2 and Type 3 Spinal Muscular Atrophy (SMA).

When are the interim results for the TOPAZ clinical trial expected?

Interim efficacy and safety results for the TOPAZ trial are expected in Q4 2020.

What designations has SRK-015 received?

SRK-015 has received Orphan Drug Designation and Rare Pediatric Disease Designation.

Is SRK-015 approved for use?

No, SRK-015 has not been approved for any use by the FDA or other regulatory agencies.

What data will be presented at the World Muscle Society Congress?

The data will include findings from the Phase 1 trial and baseline characteristics from the ongoing Phase 2 trial evaluating SRK-015.

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Biotechnology
Biological Products, (no Disgnostic Substances)
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United States of America
CAMBRIDGE