ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Benitec’s (NASDAQ: BNTC) IND for BB-301 Cleared by FDA: A Milestone for OPMD Treatment

Benitec Biopharma Inc. (NASDAQ: BNTC), a leader in gene therapy, has announced that the U.S. Food and Drug Administration (FDA) has approved its Investigational New Drug (IND) application for BB-301. This marks a significant development in the treatment of Oculopharyngeal Muscular Dystrophy-related Dysphagia (OPMD).

Benitec’s BB-301: First Potential Treatment for OPMD

Oculopharyngeal Muscular Dystrophy, a life-threatening genetic disorder, affects roughly 15,000 patients across the United States, Canada, Western Europe, and Israel. Patients suffering from OPMD lose the ability to swallow liquids and solids, which often leads to chronic malnutrition and even fatal aspiration pneumonia. Until now, there have been no approved therapeutic agents to treat this disorder. Benitec’s BB-301, a ‘silence and replace’ gene therapy, represents the first possible treatment for OPMD’s often debilitating and potentially fatal symptoms.

IND Clearance: A Milestone for Benitec

Jerel A. Banks, M.D., Ph.D., Executive Chairman and CEO of Benitec, hailed the FDA’s clearance of BB-301’s IND as a significant milestone for both OPMD patients and the company itself. He emphasized the importance of this breakthrough treatment in potentially addressing the severe symptoms of OPMD.

The Phase 1b/2a Clinical Study: Participants and Process

Participants from Benitec’s ongoing Natural History (NH) study will be eligible for the Phase 1b/2a clinical study of BB-301, following six months of baseline data collection. After undergoing a one-day dosing procedure, each study participant will be evaluated on various clinical and radiographic outcome measures, including objective assessments of swallowing safety and efficiency. Currently, 13 subjects are enrolled in the NH study, with the potential for each to transition to the Phase 1b/2a clinical dosing study for BB-301.

BB-301: A Unique Therapeutic Approach

BB-301 employs a novel silence-and-replace strategy, making use of a unique, single bifunctional construct. This construct promotes co-expression of both codon-optimized Poly-A Binding Protein Nuclear-1 (PABPN1) and two small inhibitory RNAs (siRNAs) against mutant PABPN1. The two siRNAs silence the expression of the faulty mutant PABPN1 while permitting the expression of a functional version of the protein. Benitec believes that this unique approach positions BB-301 optimally for the treatment of OPMD by halting mutant expression while providing a functional replacement protein.

As Benitec moves forward with the next stage of trials, the healthcare industry is eagerly awaiting the potential benefits this unique therapeutic approach could offer OPMD patients.

Disclosure: No position. Spotlight Growth has no relationships with any of the companies mentioned in this article and did not receive payment in any form for its creation. This is an opinion article and is not meant to be financial advise. We are not broker-dealers or investment professionals. Please conduct your own due diligence. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/

The post Benitec’s (NASDAQ: BNTC) IND for BB-301 Cleared by FDA: A Milestone for OPMD Treatment appeared first on Spotlight Growth.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.