SUMM Summit Therapeutics

Summit Presented In Vivo Proof of Concept Data for Targeted Enterobacteriaceae Antibiotics at ASM/ESCMID Conference

Summit Presented In Vivo Proof of Concept Data for Targeted Enterobacteriaceae Antibiotics at ASM/ESCMID Conference

Summit Therapeutics plc 

(‘Summit’ or the ‘Company’)

Summit Presents In Vivo Proof of Concept Data for Targeted Enterobacteriaceae Antibiotic at ASM/ESCMID Conference

  • New Mechanism Antibiotic has Potential to Overcome Known Resistance Mechanisms

Oxford, UK, and Cambridge, MA, US, 5 September 2019 – Summit Therapeutics plc (NASDAQ: SMMT, AIM: SUMM) presented in vivo proof of concept data for its targeted Enterobacteriaceae antibiotics in animal models of sepsis, pneumonia and urinary tract infection ('UTI'). Efficacy data of Summit’s DDS-04 series of antibiotics was comparable to marketed antibiotics in all three disease models. These data were presented in a poster session at the ASM/ESCMID Conference on Drug Development to Meet the Challenge of Antimicrobial Resistance held in Boston, MA, September 3-6, 2019. The findings build on previously reported in vitro studies that showed this new antibiotic class had high potency and specificity for multiple resistant and non-resistant Enterobacteriaceae strains.

“Currently marketed broad-spectrum antibiotics for Enterobacteriaceae infections are failing patients at an increasingly alarming rate due to rising antibiotic resistance,” said Dr David Roblin, President of R&D of Summit. “Our DDS-04 series works via a new mechanism which has the potential to successfully cure patients by overcoming all known bacterial resistance mechanisms. The data presented at ASM/ESCMID show the promise of our DDS-04 series in combatting Enterobacteriaceae infections that we estimate cause more than one million infections annually in the US alone.”

Increasing resistance has rendered many marketed antibiotics ineffective against Enterobacteriaceae. Two Enterobacteriaceae resistance trends seen in the clinic are on the US Centers for Disease Control and Prevention’s list of urgent and serious bacterial threats. Against the backdrop of increasing resistance to current antibiotics, there is a clear need for the development of a new class of antibiotics that could overcome all known resistance liabilities.

Dr Roblin added, “We designed our DDS-04 series of new class antibiotics with the aim of treating infections at all sites where resistance is a clinical issue. That way, we have the chance to make the greatest positive impact on patients. We are extremely excited by the initial proof of concept data our DDS-04 series has shown across sepsis, pneumonia and UTI, and the prospect of moving this series forward.”

The DDS-04 series is undergoing lead optimisation.

Details from the poster presentation:

Sepsis Model

  • Non-neutropenic mouse model (CD-1 mice) infected with E. coli
  • Mice dosed intravenously with DDS-04 series representative three times once every three hours, starting one hour post-infection
  • Tigecycline used as reference, dosed 40mg/kg, two times, once at each of one and six hours post-infection
  • After nine hours, bacterial burden was below the limit of detection in the blood, kidneys, liver, lungs and spleen for both the DDS-04 compound and tigecycline

Pneumonia Model

  • CD-1 mice infected with K. pneumoniae
  • Mice dosed intravenously with DDS-04 series representative three times, once every eight hours, starting two hours post-infection
  • Tigecycline used as reference, dosed 40mg/kg, three times daily every eight hours subcutaneously
  • After 26 hours, a 4.5 log10 reduction in bacterial burden was observed in the lungs for the DDS-04 compound and a similar reduction was observed with tigecycline

UTI Model

  • C3H/HeN female mice were infected with E. coli
  • Mice dosed intravenously with DDS-04 series representative three times daily every eight hours over three days
  • Ciprofloxacin used as reference, dosed 10mg/kg, three times daily every eight hours over three days
  • On day four, a significant reduction in bacterial burden was observed in the urine, bladder and kidneys for both the DDS-04 compound and ciprofloxacin

About DDS-04

The DDS-04 series comprises targeted-spectrum compounds that act via a novel bacterial target, LolCDE. With its new mechanism of action, the DDS-04 series was rapidly bactericidal and highly potent across globally diverse Enterobacteriaceae strains in research studies, which included multi-drug resistant isolates. Importantly, the DDS-04 series has also shown a low propensity for resistance development and did not show cross-resistance with existing classes of antibiotics, suggesting the DDS-04 series has the potential to overcome known resistance mechanisms. This profile makes the DDS-04 series attractive for further development for the treatment of Enterobacteriaceae infections.

About Enterobacteriaceae

Enterobacteriaceae are a family of Gram-negative bacteria responsible for severe and often deadly infections. They account for a significant fraction of cases across conditions, including bloodstream infections, hospital-acquired pneumonias and complicated urinary tract infections. Summit estimates there are more than 1 million infections in the US annually caused by Enterobacteriaceae across these three settings. Increasing resistance of Enterobacteriaceae has rendered many marketed antibiotics ineffective against these bacteria. Two of the most alarming antibiotic resistance trends are extended-spectrum beta-lactamase (ESBL)-producing Enterobacteriaceae and carbapenem-resistant Enterobacteriaceae (CRE). ESBL is an enzyme that allows bacteria to become resistant to a wide variety of penicillin and cephalosporin antibiotics. CRE are resistant to nearly all existing antibiotics, including carbapenems which are considered the antibiotics of last resort.

About Summit Therapeutics

Summit Therapeutics is a leader in antibiotic innovation. Our new mechanism antibiotics are designed to become the new standards of care for the benefit of patients and create value for payors and healthcare providers. We are currently developing new mechanism antibiotics for infections caused by C. difficile, N. gonorrhoeae and ESKAPE pathogens and are using our proprietary Discuva Platform to expand our pipeline. For more information, visit and follow us on Twitter @summitplc.

Contacts

Summit    
Glyn Edwards / Richard Pye (UK office) Tel: 44 (0)1235 443 951
Michelle Avery (US office)  
     
Cairn Financial Advisers LLP (Nominated Adviser) Tel: +44 (0)20 7213 0880
Liam Murray / Tony Rawlinson    
     
N+1 Singer (Joint Broker) Tel: +44 (0)20 7496 3000
Aubrey Powell / Jen Boorer, Corporate Finance

Tom Salvesen, Corporate Broking
   
     
Bryan Garnier & Co Limited (Joint Broker) Tel: +44 (0)20 7332 2500
Phil Walker / Dominic Wilson



 
   
MSL Group (US) Tel:
Jon Siegal  
     
Consilium Strategic Communications (UK) Tel: +44 (0)20 3709 5700
Mary-Jane Elliott / Sue Stuart / Sukaina Virji /  
Lindsey Neville    

Summit Forward-looking Statements

Any statements in this press release about the Company’s future expectations, plans and prospects, including but not limited to, statements about the clinical and preclinical development of the Company’s product candidates, the therapeutic potential of the Company’s product candidates, the potential commercialisation of the Company’s product candidates, the sufficiency of the Company’s cash resources, the timing of initiation, completion and availability of data from clinical trials, the potential submission of applications for marketing approvals and other statements containing the words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "would," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties inherent in the initiation of future clinical trials, availability and timing of data from ongoing and future clinical trials and the results of such trials, whether preliminary results from a clinical trial will be predictive of the final results of that trial or whether results of early clinical trials or preclinical studies will be indicative of the results of later clinical trials, expectations for regulatory approvals, laws and regulations affecting government contracts and funding awards, availability of funding sufficient for the Company’s foreseeable and unforeseeable operating expenses and capital expenditure requirements and other factors discussed in the "Risk Factors" section of filings that the Company makes with the Securities and Exchange Commission, including the Company’s Annual Report on Form 20-F for the fiscal year ended 31 January 2019. Accordingly, readers should not place undue reliance on forward-looking statements or information. In addition, any forward-looking statements included in this press release represent the Company’s views only as of the date of this release and should not be relied upon as representing the Company’s views as of any subsequent date. The Company specifically disclaims any obligation to update any forward-looking statements included in this press release.

-END-

EN
05/09/2019

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Summit Therapeutics

 PRESS RELEASE

AIM Delisting Reminder

AIM Delisting Reminder Summit Therapeutics plc(“Summit Therapeutics” or the “Company”) AIM Delisting Reminder Oxford, UK, and Cambridge, MA, US, 11 February 2020 - Summit Therapeutics (AIM: SUMM, NASDAQ: SMMT), a leader in antibiotic innovation, issues a reminder that, as previously announced and pursuant to AIM Rule 41, the Company’s ordinary shares of one penny nominal value (“Ordinary Shares”) will cease to be admitted to trading on AIM at 7.00 am on 24 February 2020. Accordingly, the final day of trading on AIM of the Company’s Ordinary Shares will be 21 February 2020. The Company’s ...

 PRESS RELEASE

Director/PDMR Shareholding

Director/PDMR Shareholding Summit Therapeutics plc(“Summit Therapeutics” or the “Company”) Notification of Transaction of Persons Discharging Managerial Responsibilities Oxford, UK, and Cambridge, MA, US, 10 February 2020 - Summit Therapeutics (AIM: SUMM, NASDAQ: SMMT), a leader in antibiotic innovation, announces that it has received notification that on 7 February 2020, Dr Elaine Stracker, a Non-Executive Director of the Company, was assigned for no consideration warrants to acquire a total of 2,099,207 ordinary shares by Maky Zanganeh and Associates, Inc. (“MZA”). The Company has a con...

 PRESS RELEASE

Summit Therapeutics to Receive $1.0 Million Milestone Payment from Eur...

Summit Therapeutics to Receive $1.0 Million Milestone Payment from Eurofarma Summit Therapeutics plc  (‘Summit’ or the ‘Company’) Summit Therapeutics to Receive $1.0 Million Milestone Payment from Eurofarma Milestone Based on Achievement of Patient Enrolment Target in Phase 3 Clinical Trials of Ridinilazole Oxford, UK, and Cambridge, MA, US, 6 February 2020 – Summit Therapeutics plc (NASDAQ: SMMT, AIM: SUMM) today announced that it achieved the first milestone under its license and collaboration agreement with Eurofarma Laboratórios SA (‘Eurofarma’). The $1.0 milli...

 PRESS RELEASE

Summit Therapeutics to Present at the 2020 BIO CEO & Investor Conferen...

Summit Therapeutics to Present at the 2020 BIO CEO & Investor Conference Summit Therapeutics plc  (‘Summit’ or the ‘Company’) Summit Therapeutics to Present at the 2020 BIO CEO & Investor Conference Oxford, UK, and Cambridge, MA, US, 4 February 2020 – Summit Therapeutics plc (NASDAQ: SMMT, AIM: SUMM) announces that Mr Glyn Edwards, Chief Executive Officer, will present at the 2020 BIO CEO & Investor Conference on 10 February 2020 at 2:15pm EST in New York City. A live webcast of the presentation will be available in the Investors section of the Company's website, . A replay ...

 PRESS RELEASE

Exercise of Restricted Stock Units

Exercise of Restricted Stock Units Summit Therapeutics plc  (‘Summit’ or the ‘Company’) Exercise of Restricted Stock Units Oxford, UK, and Cambridge, MA, US, 27 January 2020 – Summit Therapeutics plc (NASDAQ: SMMT, AIM: SUMM), a leader in new mechanism antibiotic innovation, announces that following the exercise of restricted stock units by former directors, the Company has issued 269,230 new ordinary shares of one penny each (the “New Ordinary Shares”). Application has been made for the admission to trading on AIM of the New Ordinary Shares, which will rank pari passu with the Company’s...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch