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FOR RELEASE Affimed Announces Updated Data of AFM13 in Combination with Keytruda (Pembrolizumab) in Patients with Relapsed/Refractory Hodgkin Lymphoma Presented at EHA Best response data from 18 patients confirms favorab

Key Takeaway: Affimed Announces Updated Data of AFM13 in Combination with Keytruda (Pembrolizumab) in Patients with Relapsed/Refractory Hodgkin Lymphoma Presented at EHA Best response data from 18 patients confirms favorable safety profile and overall response rate of 89% Management to hos

Full Press Release Details

Affimed Announces Updated Data of AFM13
in Combination with Keytruda (Pembrolizumab) in Patients with Relapsed/Refractory Hodgkin Lymphoma Presented at EHA
Best response data from 18 patients
confirms favorable safety profile and overall response rate of 89%
Management to host conference call
today at 8:30 a.m. ET / 2:30 p.m. CET to discuss future development plans for AFM13
Heidelberg, Germany, June 15, 2018 -
Affimed N.V. (Nasdaq: AFMD), a clinical stage biopharmaceutical company focused on discovering and developing highly targeted
cancer immunotherapies, today presented new interim data from the Phase 1b dose escalation study evaluating AFM13, its lead NK
cell engager candidate, at the European Hematology Association (EHA) 23rd Congress in Stockholm. Dr. Eva Domingo of
the Instituto Catal n de Oncolog a L'Hospitalet, Barcelona, Spain, presented the poster, titled A Phase 1 Study
Investigating the Combination of AFM13 and the Monoclonal Anti-PD-1 Antibody Pembrolizumab in Patients with Relapsed/Refractory
Hodgkin Lymphoma after Brentuximab Vedotin Failure: Updated Safety and Efficacy Data. The poster is available on the Affimed
Assessment of 18 patients treated at the
highest AFM13 dose showed best overall response rate (ORR) of 89% (16/18 patients) and complete metabolic response rate (CmR) of
28% (5/18 patients). The ORR and CmR for these 18 patients compare favorably to those of anti-PD-1 monotherapy in similar patient
Responders included three patients who were
either primary refractory to or had relapsed during front-line therapy and were refractory to all subsequent lines of therapy.
The combination of AFM13 and pembrolizumab was well tolerated, with most adverse events mild to moderate in nature and manageable
with standard of care measures.
"The high response rates in this study,
in terms of both partial and complete responses, continue to compare favorably to the historical data of anti-PD-1 monotherapy,
and would be expected to translate into meaningful progression free and overall survival over time," said Dr. Stephen Ansell,
Principal Investigator of the study. "Importantly, these data have shown that AFM13 can be safely administered in combination
with Keytruda and has the potential to improve patient outcomes."
A total of 30 patients were recruited into
the Phase 1b study with enrollment completed in February 2018. The interim analysis included 24 of the 30 patients (6 from cohorts
1 and 2, and 18 from cohort 3 and the extension cohort) who had undergone at least one post-baseline disease assessment as of the
"We are very excited about the potential
opportunities for AFM13 to benefit patients with CD30-positive malignancies," said Dr. Leila Alland, Affimed's Chief
Medical Officer. "We are planning additional studies of AFM13 in patients with CD30-positive malignancies and are actively
seeking guidance from experts on our development plans including potential accelerated approval paths."
Conference Call and Webcast Information
management will host a conference call today, June 15, 2018, at 8:30 a.m. ET. For both "listen-only" participants and
those participants who wish to take part in the question-and-answer session, the call can be accessed by dialing +1 929-477-0448
(international numbers are available on Affimed's homepage) five minutes prior to the start of the call and providing the
Conference ID 6246081. A webcast of the conference call can be accessed in the "Events" section on the "Investors
& Media" page of the Affimed website at http://affimed.com/events-june-2018.php. A replay of the webcast will be available
on Affimed's website shortly after the conclusion of the call and will be archived on the Affimed website for 30 days following
AFM13 is a first-in-class tetravalent, bispecific
NK cell engager that specifically binds to CD30 on tumor cells and to CD16A on NK cells. AFM13 is being developed in Hodgkin lymphoma
in other CD30-positive lymphomas. AFM13
has shown a favorable safety profile and signs of therapeutic efficacy in a monotherapy setting in studies in Hodgkin Lymphoma
and CD30+ lymphoma with cutaneous manifestation. In addition, data from a combination study of AFM13 with Merck's anti-PD1
antibody Keytruda (pembrolizumab) supports proof of principle for the combination of NK cell engagement with checkpoint inhibition.
AFM13 has been granted orphan drug designation by the U.S. Food and Drug Administration.
About Affimed's Phase 1b study of AFM13 in combination
with Keytruda (pembrolizumab) (NCT02665650)
Ongoing Phase 1b study to evaluate the safety
and tolerability of the combination of the Affimed's lead product candidate AFM13 with pembrolizumab (Keytruda ) as salvage
therapy after failure of standard therapies including brentuximab vedotin (BV) in relapsed or refractory (R/R) Hodgkin lymphoma
(HL). Patients received escalating doses of AFM13 in combination with pembrolizumab at a flat dose of 200 mg administered every
3 weeks following the classical 3+3 design. Response assessment is performed every 12 weeks by PET/CT according to the Lugano Classification
Revised Staging System for malignant lymphoma.
Affimed (Nasdaq: AFMD) engineers targeted
immunotherapies, seeking to cure patients by harnessing the power of innate and adaptive immunity (NK and T cells). We are developing
single and combination therapies to treat cancers and other life-threatening diseases. For more information, please visit www.affimed.com.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking
statements. All statements other than statements of historical fact are forward-looking statements, which are often indicated by
terms such as "anticipate," "believe," "could," "estimate," "expect," "goal,"
"intend," "look forward to", "may," "plan," "potential," "predict,"
"project," "should," "will," "would" and similar expressions. Forward-looking statements
appear in a number of places throughout this release and include statements regarding our intentions, beliefs, projections, outlook,
analyses and current expectations concerning, among other things, the value of our ROCK platform, our ongoing and planned
preclinical development and clinical trials, our collaborations and development of our products in combination with other therapies,
the timing of and our ability to make regulatory filings and obtain and maintain regulatory approvals for our product candidates
our intellectual property position, our collaboration activities, our ability to develop commercial functions, expectations regarding
clinical trial data, our results of operations, cash needs, financial condition, liquidity, prospects, future transactions, growth
and strategies, the industry in which we operate, the trends that may affect the industry or us and the risks uncertainties and
other factors described under the heading "Risk Factors" in Affimed's filings with the Securities and Exchange
Commission. Given these risks, uncertainties
and other factors, you should not place undue reliance on these forward-looking statements, and we assume no obligation to update
these forward-looking statements, even if new information becomes available in the future.
Greg Gin, Head US IR
Affimed Media Contact:
Anca Alexandru, Head of Communications, EU IR
Last updated: Jun 15, 2018