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Entrada Therapeutics Announces Updates on ENTR-601-44 in Duchenne Muscular Dystrophy - Company completes dosing of first and second cohorts in Phase 1 clinical trial, ENTR-601-44-101 - - ENTR-601-44 clinical development

Key Takeaway: Entrada Therapeutics has announced the completion of dosing for the first and second cohorts in its Phase 1 clinical trial of ENTR-601-44 for Duchenne Muscular Dystrophy. The data readout is anticipated in the second half of 2024. However, the company is facing a clinical hold from the U.S. FDA on its Investigational New Drug (IND) application, which has not been lifted despite submissions of additional information. Nonetheless, Entrada has a cash runway projected through 2025, allowing continued operations.

Market Sentiment Analysis

POSITIVE FACTORS

  • Completed dosing of first and second cohorts in Phase 1 trial.
  • Data readout for ENTR-601-44 expected in second half of 2024.
  • Cash runway extended through 2025.

CONCERNS & RISKS

  • U.S. FDA placed the IND application on clinical hold.
  • FDA declined to lift the clinical hold despite submitted data.

Full Press Release Details

Entrada Therapeutics Announces Updates on ENTR-601-44
in Duchenne Muscular Dystrophy
- Company completes dosing of first and
second cohorts in Phase 1 clinical trial, ENTR-601-44-101 -
- ENTR-601-44 clinical development program
remains on track with data readout expected in second half of 2024 -
- U.S. FDA clinical hold on IND application
- Cash runway expected through 2025 -
Boston, November 22, 2023 - Entrada Therapeutics, Inc.
(Nasdaq: TRDA), a clinical-stage biopharmaceutical company aiming to transform the lives of patients by establishing intracellular Endosomal
Escape Vehicle (EEV )-therapeutics as a new class of medicines, today announced the completion of dosing for the first and second
cohorts of its Phase 1 clinical trial, ENTR-601-44-101. Entrada plans to announce data from ENTR-601-44-101 in the second half of 2024.
"Our strategy has always been to run a single Phase 1 clinical
trial for ENTR-601-44 and, notably, that trial is progressing in the United Kingdom. We are pleased to have completed dosing of the first
and second cohorts of participants," said Dipal Doshi, President and Chief Executive Officer at Entrada Therapeutics. "In
parallel with the Phase 1 clinical trial, we continue to plan for the global development of ENTR-601-44 which will include clinical trials
in patients with Duchenne who are exon 44 skipping amenable."
The primary objective of Entrada's double-blind, single ascending
dose Phase 1 clinical trial, which is expected to enroll approximately 40 participants, is to evaluate the safety and tolerability of
a single dose of ENTR-601-44 in healthy male volunteers. ENTR-601-44-101 will also evaluate pharmacokinetics and target engagement, as
measured by exon skipping in the skeletal muscle.
Update on ENTR-601-44 Investigational New Drug (IND) Application
Entrada was previously notified by the FDA that the IND for the Phase
1 clinical trial of ENTR-601-44 had been placed on clinical hold. Despite providing additional information to the FDA, the Company was
informed that the Agency declined to lift the clinical hold. Importantly, the information that was submitted to the FDA supported the
initiation of the Phase 1 clinical trial in the United Kingdom in September 2023.
"We are disappointed that the U.S. clinical hold has not been
lifted, especially given the strength of the data package submitted to the FDA. It's important to emphasize that the ongoing ENTR-601-44
development program continues to progress, with ENTR-601-44-101 clinical data expected in the second half of 2024. We will re-engage the
FDA to discuss next steps in due course," concluded Mr. Doshi.
ENTR-601-44, a proprietary Endosomal Escape Vehicle
(EEV )-conjugated phosphorodiamidate morpholino oligomer (PMO), is the lead product candidate within Entrada's Duchenne
muscular dystrophy franchise from its growing pipeline of EEV-therapeutics. Each EEV-PMO therapeutic candidate has an
oligonucleotide sequence designed and optimized for the specific subpopulation of interest. ENTR-601-44 is designed to address the
underlying cause of Duchenne due to mutated or missing exons in the DMD gene. ENTR-601-44, an investigational therapy for the
potential treatment of people living with Duchenne who are exon 44 skipping amenable, is being evaluated for its potential to
restore the mRNA reading frame and allow for the translation of dystrophin protein that is slightly shortened but still
About Entrada Therapeutics
Entrada Therapeutics is a clinical-stage biopharmaceutical company aiming
to transform the lives of patients by establishing a new class of medicines, Endosomal Escape Vehicle (EEV )-therapeutics, to engage
intracellular targets that have long been considered inaccessible and undruggable. The Company's EEV therapeutics are designed to
enable the efficient intracellular delivery of a wide range of therapeutics into a variety of organs and tissues, resulting in an improved
therapeutic index. Through its proprietary, highly versatile and modular EEV platform, Entrada is building a robust development portfolio
of RNA-, antibody- and enzyme-based programs for the potential treatment of neuromuscular, immunological, ocular and metabolic diseases,
among others. The Company's lead oligonucleotide programs include ENTR-601-44, ENTR-601-45 and ENTR-601-50 for the potential treatment
of people living with Duchenne who are exon 44, 45 and 50 skipping amenable, respectively, as well as our partnered candidate ENTR-701
for myotonic dystrophy type 1.
For more information about Entrada, please
Forward-Looking Statements
news release contains forward-looking statements that involve substantial risks and uncertainties. All statements, other than
statements of historical facts, contained in this news release, including statements regarding Entrada's strategy, future
operations, prospects and plans, objectives of management, Entrada's ability to continue to recruit for and complete its
ENTR-601-44-101 Phase 1 clinical trial in the United Kingdom, expectations regarding the
announcement of data from its ENTR-601-44-101 clinical trial in the second half of 2024, express
or implied statements regarding the clinical hold on the IND for ENTR-601-44, Entrada's ability to address the FDA's
concerns regarding ENTR-601-44, Entrada's ability to initiate and recruit for potential
global clinical trials for ENTR-601-44 in patients with Duchenne muscular dystrophy (DMD) who are exon 44 skipping amenable,
expectations regarding the safety and therapeutic benefits of ENTR-601-44, the continued
development and advancement of ENTR-601-44, ENTR-601-45 and ENTR-601-50 for the treatment of DMD, and ENTR-701 for the treatment of
myotonic dystrophy type 1 (DM1), the ability to develop additional therapeutic programs, including further exon skipping programs,
the potential therapeutic benefits of its EEV candidates, and the sufficiency of its cash resources through 2025, constitute
forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. The words
"anticipate," "believe," "continue," "could," "estimate,"
"expect," "intend," "may," "might," "objective," "ongoing,"
"plan," "predict," "project," "potential," "should," or
"would," or the negative of these terms, or other comparable terminology are intended to identify forward-looking
statements, although not all forward-looking statements contain these identifying words. Entrada may not actually achieve the plans,
intentions or expectations disclosed in these forward-looking statements, and you should not place undue reliance on these
forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed
in these forward-looking statements as a result of various important factors, including: uncertainties inherent in the
identification and development of product candidates, including the conduct of research activities and the initiation and completion
of preclinical studies and clinical trials; uncertainties as to the availability and timing of results from preclinical studies and
clinical trials; the timing of and Entrada's ability to submit and obtain regulatory clearance for INDs or equivalent foreign
applications and initiate or complete clinical trials; whether results from preclinical studies will be predictive of the results of
later preclinical studies and clinical trials; whether Entrada's cash resources will be sufficient to fund the Company's
foreseeable and unforeseeable operating expenses and capital expenditure requirements; as well as the risks and uncertainties
identified in Entrada's filings with the Securities and Exchange Commission (SEC), including the Company's most recent
Form 10-K and in subsequent filings Entrada may make with the SEC. In addition, the forward-looking statements included in this
news release represent Entrada's views as of the date of this news release. Entrada anticipates that subsequent events and
developments will cause its views to change. However, while Entrada may elect to update these forward-looking statements at some
point in the future, it specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon
as representing Entrada's views as of any date subsequent to the date of this news release.
Investor and Media Contact
Chief Corporate Affairs Officer

Frequently Asked Questions

What is the focus of Entrada Therapeutics?

Entrada Therapeutics focuses on developing Endosomal Escape Vehicle (EEV)-therapeutics.

What trial has Entrada completed dosing for?

Entrada has completed dosing for the first and second cohorts in ENTR-601-44-101.

When will data from ENTR-601-44-101 be announced?

Data from ENTR-601-44-101 is expected to be announced in the second half of 2024.

What is the current status of the IND application?

The FDA has placed a clinical hold on the IND application for ENTR-601-44.

How long is Entrada's cash runway projected to last?

Entrada's cash runway is expected to extend through 2025.

Last updated: Nov 22, 2023