FIXX HOMOLOGY MEDICINES

Homology Medicines Unveils New In Vivo Gene Therapy Development Program for Hunter Syndrome

Homology Medicines Unveils New In Vivo Gene Therapy Development Program for Hunter Syndrome

HMI-203 Leverages Ability to Cross Blood-Brain-Barrier Following I.V. Administration, and Preclinical Data Showed Improvements in Key Disease Biomarkers

Program Expands Homology’s CNS Portfolio

BEDFORD, Mass., Oct. 22, 2020 (GLOBE NEWSWIRE) -- Homology Medicines, Inc. (Nasdaq: FIXX), a genetic medicines company, announced today a new in vivo gene therapy development program for the treatment of mucopolysaccharidosis type II (MPS II), or Hunter syndrome. Development candidate HMI-203 is a potential one-time AAVHSC treatment designed to deliver functional copies of the IDS gene to multiple target organs, including the peripheral and central nervous systems (PNS and CNS), following a single I.V. administration. Homology has initiated pivotal IND-enabling studies and scaled the new construct up to 500L by leveraging its plug and play commercial manufacturing platform to support a potential regulatory submission for HMI-203.

“We are pleased to unveil our third gene therapy program, which leverages the ability of our AAVHSC vectors to cross the blood-brain-barrier and blood-nerve-barrier, as well as reach other peripheral organs involved in MPS II. Our in vivo approach broadens our CNS portfolio and differentiates Homology’s HMI-203 from other programs in development for Hunter syndrome,” stated Albert Seymour, Ph.D., Chief Scientific Officer of Homology Medicines. “There remains a high unmet medical need for a treatment that addresses both the peripheral and cognitive effects of this fatal disorder. Our data in the MPS II murine model showed high levels of active I2S protein expression, systemic reductions in GAG accumulation, and improvements in phenotype. We look forward to our continued work to advance this potential treatment forward for the MPS II community.”

In preclinical studies, a single I.V. administration of HMI-203 resulted in systemic and CNS transduction and I2S expression, leading to a significant reduction in GAG levels in the brain, liver, heart, spleen, lung and kidney, compared to the vehicle-treated disease model. Prevention of phenotypic symptoms was also observed in the model. Secreted I2S collected from the in vivo preclinical model following HMI-203 administration was taken up by human cells in an additional in vitro experiment, which supports the potential of HMI-203 to result in cell cross-correction.

Homology plans to present data from the HMI-203 program at upcoming scientific conferences as it continues its IND-enabling studies.

About Mucopolysaccharidosis Type II (MPS II), Hunter Syndrome

MPS II, or Hunter syndrome, is a rare, X-linked lysosomal storage disorder caused by mutations in the iduronate-2-sulfatase (IDS) gene, which is responsible for producing the I2S enzyme that breaks down large sugar molecules, or cellular waste, called glycosaminoglycans (GAGs). Severe Hunter syndrome results in toxic lysosomal accumulation of GAGs that causes progressive debilitation and decline in intellectual function. Hunter syndrome occurs in approximately 1 in 100,000 to 1 in 170,000 males, and the severe form leads to life expectancy of 10 to 20 years.

About Homology Medicines, Inc.

Homology Medicines, Inc. is a genetic medicines company dedicated to transforming the lives of patients suffering from rare genetic diseases with significant unmet medical needs by curing the underlying cause of the disease. Homology’s proprietary platform is designed to utilize its human hematopoietic stem cell-derived adeno-associated virus vectors (AAVHSCs) to precisely and efficiently deliver genetic medicines in vivo either through a gene therapy or nuclease-free gene editing modality across a broad range of genetic disorders. Homology has a management team with a successful track record of discovering, developing and commercializing therapeutics with a particular focus on rare diseases, and intellectual property covering its suite of 15 AAVHSCs. Homology believes that its compelling preclinical data, scientific expertise, product development strategy, manufacturing capabilities and intellectual property position it as a leader in the development of genetic medicines. For more information, please visit .

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding our expectations surrounding the potential, safety, efficacy, and regulatory and clinical progress of our product candidates,including with respect to the ongoing IND-enabling studies for HMI-203 and related regulatory submissions and presentation of data our position as a leader in the development of genetic medicines; and our participation in upcoming presentations and conferences. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the following: the impact of the COVID-19 pandemic on our business and operations, including our preclinical studies and clinical trials, and on general economic conditions; we have and expect to continue to incur significant losses; our need for additional funding, which may not be available; failure to identify additional product candidates and develop or commercialize marketable products; the early stage of our development efforts; potential unforeseen events during clinical trials could cause delays or other adverse consequences; risks relating to the capabilities of our manufacturing facility; risks relating to the regulatory approval process; our product candidates may cause serious adverse side effects; inability to maintain our collaborations, or the failure of these collaborations; our reliance on third parties; failure to obtain U.S. or international marketing approval; ongoing regulatory obligations; effects of significant competition; unfavorable pricing regulations, third-party reimbursement practices or healthcare reform initiatives; product liability lawsuits; failure to attract, retain and motivate qualified personnel; the possibility of system failures or security breaches; risks relating to intellectual property and significant costs as a result of operating as a public company. These and other important factors discussed under the caption “Risk Factors” in our Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2020 and our other filings with the SEC could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management’s estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.

Company Contacts

Theresa McNeely
 
Chief Communications Officer

and Patient Advocate
 


781-301-7277



 
Media Contact: 
Cara Mayfield 
Senior Director, Patient Advocacy

and Corporate Communications
 


781-691-3510
 
EN
22/10/2020

Underlying

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

Reports on HOMOLOGY MEDICINES

 PRESS RELEASE

Homology Medicines Declares Distribution to Common Stockholders

Homology Medicines Declares Distribution to Common Stockholders BEDFORD, Mass., March 18, 2024 (GLOBE NEWSWIRE) -- Homology Medicines, Inc. (Nasdaq: FIXX) today announced that it declared a distribution to its common stockholders of record as of the close of business on March 21, 2024 of the right to receive one contingent value right (CVR) for each outstanding share of Homology common stock held by such stockholder as of such record date. The payment date for such distribution is expected to be March 27, 2024 (three business days after the expected closing of the merger on March 22, 2024...

 PRESS RELEASE

Homology Medicines Receives NASDAQ Notification Regarding Minimum Bid ...

Homology Medicines Receives NASDAQ Notification Regarding Minimum Bid Price Deficiency Homology Medicines has an initial 180-day period through June 26, 2024 to regain compliance with Minimum Bid Price Requirement BEDFORD, Mass., Jan. 03, 2024 (GLOBE NEWSWIRE) -- Homology Medicines, Inc. (Nasdaq: FIXX) today announced that it received notification (“Nasdaq Notification”) from The Nasdaq Stock Market LLC (“Nasdaq”) on December 29, 2023 indicating that, for the last thirty (30) consecutive business days, the bid price for the Company’s common stock had closed below the minimum $1.00 per ...

 PRESS RELEASE

Q32 Bio and Homology Medicines Announce Merger Agreement

Q32 Bio and Homology Medicines Announce Merger Agreement --The combined company will operate as Q32 Bio Inc., advancing the development of Q32 Bio’s two clinical development candidates, bempikibart (ADX-914) in Phase 2 for the treatment of atopic dermatitis (AD) and alopecia areata (AA), and ADX-097 entering Phase 2 for the treatment of complement disorders-- --Q32 Bio has re-acquired worldwide development and commercial rights to bempikibart, an anti-IL-7Rα antibody inhibiting IL-7 and TSLP-mediated signaling, and remains on-track to report multiple topline Phase 2 results in 2H’24-- --...

 PRESS RELEASE

Homology Medicines Reports Third Quarter 2023 Financial Results

Homology Medicines Reports Third Quarter 2023 Financial Results - Continuing to Evaluate Strategic Options for the Company and the Pipeline of Genetic Medicines, including HMI-103 - BEDFORD, Mass., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Homology Medicines, Inc. (Nasdaq: FIXX), a genetic medicines company, announced today third quarter 2023 financial results and highlighted recent updates. Homology recently shared a summary of safety and efficacy data on the first dose cohort of the pheEDIT clinical trial evaluating the Company’s HMI-103 gene editing candidate for the treatment of phenylketon...

 PRESS RELEASE

Homology Medicines Reports Second Quarter 2023 Financial Results and R...

Homology Medicines Reports Second Quarter 2023 Financial Results and Recent Highlights - Reported Encouraging Initial Data from First Cohort of Phase 1 Trial Evaluating Gene Editing Candidate HMI-103 in Adults with PKU - - Evaluating Strategic Options for the Company and Pipeline of Genetic Medicines, including HMI-103 - BEDFORD, Mass., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Homology Medicines, Inc. (Nasdaq: FIXX), a genetic medicines company, announced today second quarter 2023 financial results and highlighted recent updates. “We recently shared the encouraging initial data from the first...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch