Laurent Pharmaceuticals Receives US$ 3M Development Award From Cystic Fibrosis Foundation Therapeutics

- First Canadian Company To Obtain CFFT Therapeutics Development Award -

MONTREAL, July 26, 2016 /CNW Telbec/ - Laurent Pharmaceuticals Inc. (the "Company"), a clinical stage orphan drug company, today announced it has received a Therapeutics Development Award of up to US$3 million from US-based Cystic Fibrosis Foundation Therapeutics, Inc. ("CFFT"), the non-profit drug discovery and development affiliate of the Cystic Fibrosis Foundation. The award will help support the Phase 2 clinical trial of the Company's lead drug candidate LAU-7b in adult patients with cystic fibrosis ("CF").

"CFFT is a transformational leader for the CF community and we are honored to become the first Canadian company to receive such an important award". This represents a double recognition for our LAU-7b program, after the investment made by Cystic Fibrosis Canada earlier this year, also a first of its kind" said Radu Pislariu, MD, President and CEO of Laurent Pharmaceuticals. "We have been working closely with CFFT's experts in designing of the upcoming Phase 2 study, and we are encouraged by the interest received from the clinical sites and potential investigators."

LAU-7b, a once-a-day oral solid dosage form of fenretinide, works by correcting the defective metabolism of arachidonic acid (AA) and docosahexanoic acid (DHA), and modulates chronic inflammation via a pro-resolving mechanism supported by a strong rationale linked to the expression of the CF genetic defect.

"People with CF have an exaggerated and persistent inflammatory response to lung infections, which leads to irreversible lung damage", said Michael Konstan, MD, Vice Dean for Translational Research at Case Western Reserve University School of Medicine, Cleveland, Oh. "Resolution of inflammation is a new therapeutic approach using the body's own ability to modulate inflammatory responses, thus addressing inflammation without inducing immunosuppression" continued Dr. Konstan, who is also Vice Chair for Clinical Research at UH Rainbow Babies & Children's Hospital.

LAU-7b was recently tested in adult patients with CF in a dose-ascending Phase 1b study, showing a good safety and tolerability. A Phase 2 clinical trial in adult patients with CF is currently in preparation, from which a portion will be conducted in the Cystic Fibrosis Foundation's clinical trial network, the largest CF network of its kind in the world.

A new therapeutic paradigm targeting inflammation resolution

AA and DHA are two essential fatty acids playing a crucial role in maintaining an effective immune-inflammatory response. The CF gene defect causes exaggerated AA-mediated inflammation and low DHA-mediated resolution, leading to lung infection and local tissue destruction. Previous preclinical work at McGill University demonstrated fenretinide's ability to normalize the plasma levels of AA and DHA in a specific animal model of CF, resulting in reduced lung inflammation and increased clearance of pulmonary infection with Pseudomonas aeruginosa, a bacterium involved in perpetuating the vicious cycle of inflammation-infection. In the same animal model, fenretinide has also shown potential in preventing the early onset of CF-related osteoporosis, an increasingly prevalent co-morbidity in patients with CF.

About Cystic Fibrosis

Cystic Fibrosis ("CF") is a progressive, life-threatening, genetic disease affecting about 70,000 people worldwide. CF is caused by mutations in the CFTR gene and is characterized by viscous secretions in different exocrine tissues and an aberrant inflammatory response leading to pulmonary chronic infection and loss in lung function over time. Severe pulmonary dysfunction is the primary cause of death in CF.

About Fenretinide

Fenretinide, a synthetic retinoid, is a new chemical entity with a well-documented history of safety in clinical studies involving more than 3,000 adult and pediatric patients, mostly for the prevention and treatment of cancer. In cystic fibrosis preclinical work, fenretinide was shown to address the complex links between fatty acids metabolism and inflammatory signaling, which is distinct from the retinoid class mechanism of action.

About Laurent Pharmaceuticals

Laurent Pharmaceuticals is a Montréal-based clinical stage company focusing on rare diseases. Laurent's lead candidate, LAU-7b, is a Phase 2 ready oral drug addressing the compromised immune-inflammatory response in cystic fibrosis, a critical but still enigmatic pathogenic pathway leading to pulmonary insufficiency in patients with CF. For more information, please visit www.laurentpharma.com.

SOURCE Laurent Pharmaceuticals

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For further information: Radu Pislariu, [email protected] or 514.513.2252