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Zura Bio Presents Data for the Tibulizumab (ZB-106) Program at EULAR 2024 Tibulizumab (ZB-106) was well tolerated and neutralized IL-17A and BAFF in a Phase 1 study in patients with Sjogren's syndrome Preclinical data de

Key Takeaway: Zura Bio presented promising data regarding its lead candidate, tibulizumab (ZB-106), at the EULAR 2024 congress. The drug, designed for treating Sjogren's syndrome, demonstrated good tolerability and effective target engagement in a Phase 1 study. Additionally, preclinical findings suggest its potential benefits in rheumatoid arthritis, supporting its clinical development. Zura Bio aims to advance tibulizumab into Phase 2 trials for systemic sclerosis and hidradenitis suppurativa in the upcoming quarters.

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POSITIVE FACTORS

  • Tibulizumab was well tolerated in Phase 1 study.
  • The drug effectively neutralized IL-17A and BAFF.
  • Preclinical data supports potential expansion into rheumatoid arthritis.
  • Dual inhibition could represent a breakthrough in treatment.

Full Press Release Details

Zura Bio Presents Data for the Tibulizumab (ZB-106)
Program at EULAR 2024
Tibulizumab (ZB-106) was well tolerated and
neutralized IL-17A and BAFF in a Phase 1 study in patients with Sjogren's syndrome
Preclinical data demonstrating the potential
of dual inhibition of IL-17A and BAFF in a rheumatoid arthritis animal model support clinical development
Henderson, Nev - June 14, 2024 - Zura
Bio Limited (Nasdaq: ZURA) ("Zura Bio"), a clinical-stage immunology company developing novel dual-pathway antibodies
for autoimmune and inflammatory diseases, today shared supportive data from a Phase 1 study evaluating its lead candidate, tibulizumab
(ZB-106), for the treatment of Sjogren's syndrome. These data, along with preclinical data supporting further development of tibulizumab
in rheumatoid arthritis (RA), were presented at the Annual European Congress of Rheumatology (EULAR) 2024 in Vienna.
"Collectively, these data add to early-phase
evidence demonstrating that dual-inhibition of both IL-17A and BAFF could be a breakthrough approach for autoimmune and inflammatory diseases
in which single-pathway inhibition is the standard of care," stated Robert Lisicki, Chief Executive Officer. "The results
in Sjogren's syndrome demonstrate that tibulizumab achieved robust target engagement, nearing maximum serum levels following single,
well-tolerated subcutaneous doses at four-week intervals. Further, the preclinical results suggest dual-pathway inhibition may warrant
clinical exploration in RA and other autoimmune diseases, adding to the breadth of potential we see with tibulizumab."
Key Findings from Phase 1 Study of Tibulizumab
in Sjogren's Syndrome
The randomized, double-blind, placebo-controlled
Phase 1 study evaluated four ascending doses of tibulizumab in 25 participants with Sjogren's syndrome. Twenty-one participants
in the 12-week study received 1 dose of tibulizumab (30mg Q4W, 100mg Q4W, 300mg Q4W, 300mg Q2W), with four receiving placebo.
The poster is available in the News and Events
section on the Zura Bio website and will be archived for at least 30 days following presentation.
Key Findings from Preclinical Study of Tibulizumab
The preclinical study was designed to evaluate
the respective and combined benefits of inhibiting IL-17A and BAFF in a mouse model of RA. Mice received IL-17A antibodies and/or BAFF
antibodies, or a control antibody.
The study abstract, which was accepted for publication
only, is available on the EULAR website.
Tibulizumab, a humanized bispecific dual antagonist
antibody, is a fusion of TALTZ (ixekizumab) and tabalumab that has been engineered to bind to and neutralize both IL-17A and BAFF.
Tibulizumab is expected to enter Phase 2 clinical development for the treatment of systemic sclerosis in Q4-2024 and hidradenitis suppurativa
in Q2-2025. Completed tibulizumab studies include Phase 1/1b trials in Sjogren's syndrome and rheumatoid arthritis.
Zura Bio is a clinical-stage, multi-asset immunology
company developing novel dual-pathway antibodies for autoimmune and inflammatory diseases. Currently, Zura Bio is developing three assets
which have completed Phase 1/1b studies and are Phase 2 ready. The company is developing a portfolio of therapeutic indications for tibulizumab
(ZB-106), ZB-168, and torudokimab (ZB-880), with a goal of demonstrating their efficacy, safety, and dosing convenience in autoimmune
and inflammatory diseases, including systemic sclerosis and other novel indications with unmet needs.
This communication includes "forward-looking
statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995.
Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate,"
"intend," "plan," "may," "will," "could," "should," "believe,"
"predict," "potential," "continue," "strategy," "future," "opportunity,"
"would," "seem," "seek," "outlook" and similar expressions are intended to identify such
forward-looking statements. Forward-looking statements are predictions, projections and other statements about future events that are
based on current expectations and assumptions and, as a result, are subject to risks and uncertainties that could cause the actual results
to differ materially from the expected results. These statements are based on various assumptions, whether or not identified in this communication.
These forward-looking statements in this release include, but are not limited to, statements regarding Zura Bio's anticipated proceeds
to be received in the proposed Private Placement, expected timing of closing of the proposed Private Placement and the size, completion
and use of proceeds of the proposed Private Placement, the forecast of cash runway and the Company's expectations regarding funding,
operating and working capital expenditures, business strategies and objectives, statements related to Zura Bio's abilities to achieve
anticipated internal readouts and achieve them in expected time periods, Zura Bio's product candidates, clinical trials and the
design and timing thereof, statements with respect to expected therapeutic potential and statements regarding Zura Bio's product
candidates ability to proceed into Phase 2 clinical trials. These forward-looking statements are provided for illustrative purposes only
and are not intended to serve as, and must not be relied on by an investor as, a guarantee, an assurance, a prediction or a definitive
statement of fact or probability.
Actual events and the ability to consummate the
proposed Private Placement and the timing and proceeds thereof; are difficult or impossible to predict and could differ materially from
those expressed or implied in such forward-looking statements. You should carefully consider the risks and uncertainties described in
the "Risk Factors" sections of Zura Bio's 10-K for the year ended December 31, 2023 and other filings with the SEC, including:
Zura Bio's expectations regarding product candidates and their related benefits; Zura Bio's beliefs regarding potential benefits
or limitations of competing products both in development and approved; information regarding Zura Bio's vision and strategy; anticipated
timing of key events and initiation of Zura Bio's studies and release of clinical data; Zura Bio's expectations regarding
the general acceptability and maintenance of our products by regulatory authorities, payors, physicians, and patients; Zura Bio's
ability to attract and retain key personnel; the accuracy of Zura Bio's future operating expenses, capital requirements and needs
for additional financing; Zura Bio's ability to obtain funding for operations, including funds that may be necessary to complete
development of our product candidates; the fact that Zura Bio has not completed any clinical trials and has no products approved for commercial
sale; the fact that Zura Bio has incurred significant losses since inception, and it expects to incur significant losses for the foreseeable
future and may not be able to achieve or sustain profitability in the future; Zura Bio's ability to renew existing contracts; Zura
Bio's reliance on third-party contract development manufacturing organizations for the manufacture of clinical materials; Zura Bio's
ability to obtain regulatory approval for our products, and any related restrictions or limitations of any approved products; Zura Bio's
ability to effectively manage growth and competitive pressures from other companies worldwide in the therapies in which Zura Bio competes;
and litigation and Zura Bio's ability to adequately protect intellectual property rights. These risks and uncertainties may be amplified
by health epidemics or other unanticipated global disruption events, which may continue to cause economic uncertainty. Zura Bio cautions
that the foregoing list of factors is not exclusive or exhaustive and not to place undue reliance upon any forward-looking statements,
including projections, which speak only as of the date made. Zura Bio gives no assurance that it will achieve its expectations. Zura Bio
does not undertake or accept any obligation to publicly provide revisions or updates to any forward-looking statements, whether as a result
of new information, future developments or otherwise, or should circumstances change, except as otherwise required by securities and other
Head of Investor Relations

Frequently Asked Questions

What is tibulizumab (ZB-106) used for?

Tibulizumab is developed for treating Sjogren's syndrome and rheumatoid arthritis.

How was tibulizumab tolerated in the study?

Tibulizumab was well tolerated in a Phase 1 study among Sjogren's syndrome patients.

What are the key effects of tibulizumab?

It neutralizes IL-17A and BAFF, showing potential for dual inhibition.

When will tibulizumab enter Phase 2 trials?

Tibulizumab is expected to enter Phase 2 for systemic sclerosis in Q4-2024.

How many participants were in the Phase 1 study?

The Phase 1 study included 25 participants with Sjogren's syndrome.

Last updated: Jun 14, 2024