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Prima BioMed Receives UK Approval for AIPAC Study

Key Takeaway: Prima BioMed Receives UK Approval for AIPAC Study

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+76%
120-day peak, hindsight
Typical move
5.4%
average across 13 past catalysts
Lead asset
eftilagimod alfa
Phase 3 · Advanced/Metastatic Non-Small Cell Lung Cancer (NSCLC)

Full Press Release Details

SYDNEY, AUSTRALIA--(Marketwired - Dec 19, 2016) -
• Competent Authority and Ethics Committee approval received in the United Kingdom for AIPAC
• Recruitment of patients in second cohort of AIPAC study completed
• Interim data for AIPAC and TACTI-mel trials of IMP321 due in December 2016
Prima BioMed Ltd (ASX:PRR) (NASDAQ:PBMD) announces that it has received approval from the Competent Authority and Ethics Committee in the UK for its Phase IIb, AIPAC clinical trial of IMP321. Following conclusion of the safety run in phase, expected in late December, and subject to the dose escalation committee meeting, screening for the larger, randomised phase of the trial is expected to commence in January 2017.
AIPAC (ActiveImmunotherapyPAClitaxel) is a multi-national, randomised, double-blind, placebo-controlled study of IMP321-plus-paclitaxel in metastatic breast cancer. The safety run-in phase of the first cohort of 15 patients is being conducted across 11 clinical sites in Belgium, The Netherlands and Hungary. Recruitment of the last two patients in this cohort was completed in October. The first safety and pharmacokinetic data from these 15 patients is expected in late December 2016. As previously announced, AIPAC's expected duration based on forecast recruitment times and patient follow up is approximately three years.
Prima also confirms that interim data from the first cohort of patients in its Phase I, TACTI-mel clinical trial of IMP321 together with KEYTRUDA® for metastatic melanoma patients is also expected in late December 2016.

About Prima BioMed

Prima BioMed is listed on the Australian Securities Exchange, and on the NASDAQ in the US. For further information please visitwww.primabiomed.com.au.
Contact Information:For further information please contact:U.S. Investors:Mr Matthew BeckThe Trout Group LLC+1 (646) 378-2933mbeck@troutgroup.comAustralia Investor/Media:Mr Matthew GregorowskiCitadel Communications+61 (0) 422 534 755mgregorowski@citadelpr.com.au
For further information please contact:U.S. Investors:Mr Matthew BeckThe Trout Group LLC+1 (646) 378-2933mbeck@troutgroup.comAustralia Investor/Media:Mr Matthew GregorowskiCitadel Communications+61 (0) 422 534 755mgregorowski@citadelpr.com.au
Last updated: Dec 20, 2016