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Elicio Therapeutics Announces Completion of Phase 2 AMPLIFY-7P Study Enrollment Phase 2 randomized study of ELI-002 enrolled 135 patients; formal interim analysis of disease-free survival ( DFS ) expected in H1 2025 BOST

Key Takeaway: Elicio Therapeutics has announced the successful completion of patient enrollment in the Phase 2 AMPLIFY-7P study, assessing the efficacy of their ELI-002 vaccine in patients with mutant KRAS-positive pancreatic ductal adenocarcinoma. A total of 135 patients have been enrolled, and an interim analysis of disease-free survival is anticipated in the first half of 2025. Previous study results indicated a favorable safety profile and robust immune responses, yet the final effectiveness will be determined based on forthcoming data analysis. The study is crucial for evaluating ELI-002's potential as an innovative treatment for patients at high risk of relapse.

Market Sentiment Analysis

POSITIVE FACTORS

  • Completion of enrollment in the Phase 2 AMPLIFY-7P study, demonstrating high demand.
  • Previous Phase 1a study results show favorable safety, T-cell responses, and encouraging disease-free survival data.
  • Potential for innovative off-the-shelf vaccine to address high-risk pancreatic cancer relapses.

CONCERNS & RISKS

  • The final results and actual effectiveness of ELI-002 remain undetermined until upcoming data analysis in 2025.
  • Possibility of meeting pre-specified criteria for futility could halt the project if interim data are unfavorable.

Full Press Release Details

Elicio Therapeutics Announces Completion of Phase 2 AMPLIFY-7P
Phase 2 randomized study of ELI-002 enrolled 135 patients; formal interim
analysis of disease-free survival ( DFS ) expected in H1 2025
BOSTON Dec. 3, 2024 Elicio Therapeutics,
Inc. (Nasdaq: ELTX, Elicio Therapeutics or Elicio ), a clinical-stage biotechnology company developing a pipeline of novel immunotherapies for the treatment of cancer, today announced the completion of enrollment in the
Phase 2 AMPLIFY-7P study (NCT05726864). The randomized Phase 2 study is evaluating a 7-peptide formulation of ELI-002 (ELI-002 7P) in patients with mutant KRAS ( mKRAS )-driven pancreatic ductal adenocarcinoma ( PDAC ) who are at high risk of relapse following surgery. Elicio previously reported AMPLIFY-7P Phase 1a study results demonstrating a favorable safety profile, robust T-cell responses, antigen spreading and encouraging preliminary DFS data in PDAC patients.
We are pleased to announce the completion of enrollment in our lead ELI-002 Phase 2 AMPLIFY-7P study. The speed of study enrollment exceeded our expectations, reflecting high levels of investigator and patient interest in an
off-the-shelf monotherapy treatment option for patients who completed neoadjuvant, perioperative, or adjuvant chemotherapy, said Christopher Haqq, M.D., Ph.D.,
Elicio s Executive Vice President, Head of Research and Development and Chief Medical Officer. We are now eagerly looking forward to the pre-planned interim data analysis as we continue working to
bring this potentially transformative vaccine to cancer patients.
The Phase 2 AMPLIFY-7P study is a
multicenter, open-label, randomized trial designed to evaluate the safety, tolerability and efficacy of ELI-002 7P. The trial enrolled a total of 135 PDAC patients, who were randomized 2:1 to receive
subcutaneous injections of ELI-002 7P versus standard of care observation. Patients randomized to observation are eligible to cross-over to ELI-002 7P treatment in the
event of confirmed disease progression. All patients enrolled in the study had undergone successful (R0/R1) resection of locoregional PDAC (Stages I, II, or III) harboring KRAS mutations including G12D, G12R, G12V, G12C, G12A, G12S or
G13D and enrollment was agnostic of minimal residual disease ( MRD ) status. These patients are known to remain at high risk of disease recurrence.
The primary endpoint of the Phase 2 trial is DFS. Key secondary and exploratory endpoints include serum tumor biomarker responses, overall survival, and
vaccine immunogenicity. The first patient to enroll in the Phase 2 study was dosed in January 2024.
A formal interim Phase 2 analysis, including DFS,
reviewed by the study s Independent Data Monitoring Committee, is on track for the first half of 2025. Possible outcomes include: (1) successfully achieving pre-specified criteria for reporting
primary endpoint analysis; (2) continuing to final DFS analysis, expected in the second half of 2025; or (3) meeting pre-specified criteria for futility. Results from the single-arm Phase 1a portion of AMPLIFY-7P, including translational data highlighting the relationship between vaccine immunogenicity and DFS, were recently presented at the
Society for Immunotherapy of Cancer ( SITC ) 2024 Annual Meeting.
About Elicio Therapeutics
Elicio Therapeutics, Inc. (Nasdaq: ELTX) is a clinical-stage biotechnology company advancing novel immunotherapies to prevent the recurrence of
high-prevalence cancers, including mKRAS-positive pancreatic and colorectal cancers. Elicio intends to build on recent clinical successes in the personalized cancer vaccine space to develop effective, off-the-shelf vaccines. Elicio s Amphiphile ( AMP ) technology aims to enhance the education, activation, and amplification of cancer-specific T cells relative to conventional vaccination
strategies, with the goal of promoting durable cancer immunosurveillance in patients. Elicio s ELI-002 lead program is an
off-the-shelf vaccine candidate targeting the most common KRAS mutations, which drive approximately 25% of all solid tumors.
ELI-002 is being studied in an ongoing, randomized clinical trial in patients with mKRAS-positive pancreatic cancer who completed standard therapy but remain at high risk of relapse. Elicio s pipeline
includes additional off-the-shelf therapeutic cancer vaccines, including ELI-007 and
ELI-008, that target BRAF-driven cancers and p53 hotspot mutations, respectively. For more information, please visit www.elicio.com.
Our lead product candidate, ELI-002, is a structurally novel investigational AMP cancer vaccine that targets cancers
that are driven by mutations in the KRAS-gene a prevalent driver of many human cancers. ELI-002 is comprised of two powerful components that are built with our AMP technology consisting of AMP-modified mutant KRAS peptide antigens and ELI-004, an AMP-modified CpG oligodeoxynucleotide adjuvant that is available as an off-the-shelf subcutaneous administration.
ELI-002 2P (2-peptide formulation) has been studied in the Phase 1 (AMPLIFY-201) trial in patients with high relapse risk mKRAS-driven solid tumors, following surgery and chemotherapy (NCT04853017). ELI-002 7P
(7-peptide formulation) is currently being studied in a Phase 1/2 (AMPLIFY-7P) trial in patients with mKRAS-driven pancreatic cancer (NCT05726864). The ELI-002 7P formulation is designed to provide immune response coverage against seven of the most common KRAS mutations present in 25% of all solid tumors, thereby increasing the potential patient population for ELI-002.
About the Amphiphile Platform
Our proprietary AMP platform delivers investigational immunotherapeutics directly to the brain center of the immune system the lymph nodes.
We believe this site-specific delivery of disease-specific antigens, adjuvants and other immunomodulators may efficiently educate, activate and amplify critical immune cells, potentially resulting in induction and persistence of potent adaptive
immunity required to treat many diseases. In preclinical models, we have observed lymph node-specific engagement driving therapeutic immune responses of increased magnitude, function and durability. We believe our AMP lymph node-targeted approach
will produce superior clinical benefits compared to immunotherapies that do not engage the lymph nodes based on preclinical studies.
originally developed at the Massachusetts Institute of Technology, has broad potential in the cancer space to advance a number of development initiatives through internal activities, in-licensing arrangements
or development collaborations and partnerships.
The AMP platform has been shown to deliver immunotherapeutics directly to the lymph nodes by latching on
to the protein albumin, found in the local injection site, as it travels to lymphatic tissue. In preclinical models, we have observed lymph node-specific engagement driving immune responses of increased magnitude, function and durability.
Cautionary Note on Forward-Looking Statements
Certain statements contained in this communication regarding matters that are not historical facts, are forward-looking statements within the meaning of
Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, known as the PSLRA. These include statements regarding Elicio s planned clinical programs, including planned clinical
trials, the potential of Elicio s product candidates, and other statements regarding management s intentions, plans, beliefs, expectations or forecasts for the future, and, therefore, you are cautioned not to place undue reliance on them.
No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. Elicio undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or
otherwise, except to the extent required by law. We use words such as anticipates, believes, plans, expects, projects, future, intends, may,
will, should, could, estimates, predicts, potential, continue, guidance, and similar expressions to identify these forward-looking statements that are
intended to be covered by the safe-harbor provisions of the PSLRA. Such forward-looking statements are based on our expectations and involve risks and uncertainties; consequently, actual results may differ materially from those expressed or implied
in the statements due to a number of factors, including, but not limited to, Elicio s financial condition, including its anticipated cash runway and ability to obtain the funding necessary to advance the development of ELI-002 and any other future product candidates, and Elicio s ability to continue as a going concern; Elicio s plans to develop and commercialize its product candidates, including ELI-002; the timing of initiation of Elicio s planned clinical trials; the timing of the availability of data from Elicio s clinical trials, including the timing of the
pre-planned formal interim Phase 2 AMPLIFY-7P data analysis in the first half of 2025 and the possible outcomes following such analysis; the timing of any planned
investigational new drug application or new drug application; Elicio s plans to research, develop and commercialize its current and future product candidates; and Elicio s estimates regarding future revenue, expenses, capital requirements
and need for additional financing.
New factors emerge from time to time, and it is not possible for us to predict all such factors, nor can we assess the
impact of each such factor on the business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. These risks are more fully discussed in
the Annual Report on Form 10-K filed with the SEC on March 29, 2024, as amended on April 29, 2024, under the heading Risk Factors , and any subsequent reports and other documents filed
from time to time with the SEC. Forward-looking statements included in this release are based on information available to Elicio as of the date of this release. Elicio does not undertake any obligation to update such forward-looking statements to
reflect events or circumstances after the date of this release, except to the extent required by law.
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Frequently Asked Questions

What is the Phase 2 AMPLIFY-7P study about?

The Phase 2 AMPLIFY-7P study evaluates ELI-002 7P in patients with mutant KRAS-driven PDAC.

How many patients were enrolled in the AMPLIFY-7P study?

A total of 135 patients were enrolled in the Phase 2 AMPLIFY-7P study.

What is the main goal of the AMPLIFY-7P trial?

The main goal is to assess disease-free survival in patients post-surgery.

When will the interim analysis of AMPLIFY-7P results be available?

The interim analysis is expected in the first half of 2025.

What are ELI-002's main components?

ELI-002 consists of AMP-modified KRAS peptide antigens and an adjuvant.

Last updated: Dec 3, 2024