INOVIO Expands Partnership with Advaccine to Conduct Global Phase 3 Efficacy Trial of COVID-19 DNA Vaccine Candidate, INO-4800

INOVIO Pharmaceuticals, Inc.

PR89975

 

PLYMOUTH MEETING, Pa., June 8, 2021 /PRNewswire=KYODO JBN/ --

 

  -- Phase 3 efficacy trial planned to commence this summer in areas of the

     world underserved by vaccines

 

  -- News follows recently announced Phase 2 data, which showed INO-4800 to

     be well-tolerated and immunogenic in all age groups

 

INOVIO (NASDAQ:INO), a biotechnology company focused on bringing to market

precisely designed DNA medicines to treat and protect people from infectious

diseases, cancer, and HPV-associated diseases, today announced an expansion of

its previously announced partnership with Advaccine Biopharmaceuticals Suzhou

Co., Ltd. ("Advaccine") to jointly conduct a global Phase 3 segment of the

ongoing Phase 2/3 trial called INNOVATE (INOVIO INO-4800 Vaccine Trial for

Efficacy). Together, the companies will evaluate the safety and efficacy of

INO-4800 in a two-dose regimen (2.0 mg), administered one month apart, in a

two-to-one randomization in subjects 18 years and older across several

countries, primarily in Latin America and Asia. The primary endpoint of the

Phase 3 segment will be virologically confirmed COVID-19 disease. The 2.0 mg

dose was selected from the Phase 2 segment, where INO-4800 was shown to be

generally well-tolerated and immunogenic in all tested age groups.

 

Dr. J. Joseph Kim, President and CEO of INOVIO, said, "With most countries in

the world currently registering COVID vaccination rates of less than 10%,

INOVIO and Advaccine feel the urgency to advance INO-4800 into a global Phase 3

trial this summer. INOVIO is encouraged by our recently published (

https://c212.net/c/link/?t=0&l=en&o=3188678-1&h=4068426742&u=https%3A%2F%2Fwww.prnewswire.com%2Fnews-releases%2Finovio-announces-positive-data-from-phase-2-segment-of-clinical-trial-evaluating-ino-4800-its-covid-19-dna-vaccine-301287416.html&a=published

) Phase 2 data for INO-4800, which showed the vaccine to be well-tolerated and

immunogenic in all tested age groups. In a previously announced study (

https://c212.net/c/link/?t=0&l=en&o=3188678-1&h=4018136636&u=https%3A%2F%2Fir.inovio.com%2Fnews-releases%2Fnews-releases-details%2F2021%2FINOVIOs-COVID-19-Vaccine-Candidate-INO-4800-Provides-Broad-Cross-reactive-Immune-Responses-In-Humans-Against-Variants-of-Concern%2Fdefault.aspx&a=previously+announced+study

), INO-4800 was also found to generate broad cross-reactive immune responses

against tested SARS-CoV-2 variants of concern, which may enable it to provide

greater protection for more people globally."

 

Dr. Kim continued, "We believe that INO-4800, if approved, will be

well-positioned to serve the vaccine needs of the global community. Based on

trial results to date, this vaccine has shown to be well-tolerated; produces

balanced neutralizing antibodies and favorable T cell response (CD8 and CD4)

and is easy to administer. It is uniquely positioned to support vaccine rollout

to underserved countries globally with a strong thermostability profile that is

stable at room temperature for more than a year and does not require cold or

ultra-cold-chain transport. In addition to the potential approval as a primary

vaccine, INO-4800 also has the potential to be used as a booster vaccine since

the early clinical data supports that INO-4800 can be safely re-administered."

 

Founder and Chairman of Advaccine, Dr. Bin Wang said, "The expansion of our

partnership with INOVIO has a lot of synergy and we are excited about the

global Phase 3 trial of INO-4800. We look forward to bringing a well-tolerated

and immunogenic COVID-19 vaccine to more people around the world. Advaccine has

built up large scale GMP manufacturing facilities of DNA vaccine and recently

obtained the vaccine manufacturing permit from Chinese regulatory authorities,

becoming one of a few companies in China that have the license. We are working

to expand our manufacturing capacities further, in order to meet the unmet

global need for nucleic acid-based COVID-19 vaccines."

 

Under their expanded collaboration, INOVIO and Advaccine intend to share

equally, subject to specified limitations and conditions, the total cost of the

planned global Phase 3 trial, which is estimated to be approximately $100

million. The expanded partnership is an extension of an existing relationship

between the two companies, including an exclusive agreement announced (

https://c212.net/c/link/?t=0&l=en&o=3188678-1&h=1228479422&u=https%3A%2F%2Fir.inovio.com%2Fnews-releases%2Fnews-releases-details%2F2021%2FINOVIO-and-Advaccine-Announce-Exclusive-Partnership-To-Commercialize-COVID-19-DNA-Vaccine-Candidate-INO-4800-in-Greater-China%2Fdefault.aspx&a=announced

) in January 2021 under which Advaccine has the exclusive rights to develop,

manufacture and commercialize INO-4800 within Greater China, inclusive of

mainland China, Hong Kong, Macao and Taiwan. Under the expanded agreement,

Advaccine obtains rights to additional Asian countries outside of Greater

China. Advaccine has extensive experience in co-development of INO-4800 with

INOVIO, including sponsoring both Phase 1 and Phase 2 clinical trials in China

for INO-4800.

 

The global Phase 2/3 trial builds upon INOVIO's Phase 2 segment, which was

funded by the U.S. Department of Defense Joint Program Executive Office for

Chemical, Biological, Radiological and Nuclear Defense, (JPEO-CBRND) in

coordination with the Office of the Assistant Secretary of Defense for Health

Affairs (OASD(HA)) and the Defense Health Agency. Results from the trial can be

found in the paper entitled "Safety and immunogenicity of INO-4800 DNA vaccine

against SARS-CoV-2: A Preliminary Report of a Randomized, Blinded,

Placebo-controlled, Phase 2 Clinical Trial in Adults at High Risk of Viral

Exposure," which has been published as a pre-print in MedRxiv prior to peer

review.  Early INO-4800 research and development funding were provided by the

Coalition for Epidemic Preparedness Innovations (CEPI) and the Bill & Melinda

Gates Foundation.

 

In addition to the initiation of the clinical trial itself, INOVIO is in

discussions with several countries which are expected to provide clinical trial

sites, regarding advanced market contracts to potentially supply INO-4800 upon

respective regulatory approvals in those countries.

 

About the INO-4800 "INNOVATE" Phase 2/3 Clinical Trial

 

The Phase 2 segment of INNOVATE Phase 2/3 trial was designed to evaluate the

safety, tolerability and immunogenicity of INO-4800 in a two-dose regimen (1.0

mg or 2.0 mg) in a three-to-one-randomization to receive either INO-4800 or

placebo in three age groups (18-50 years, 51-64 years and 65 years and older).

The Phase 2 data showed that INO-4800 was well-tolerated and immunogenic in all

tested age groups, and the 2.0 mg dose was selected to advance into the Phase 3

segment of the trial.

 

The global Phase 3 segment of the trial intends to enroll healthy men and

non-pregnant women 18 years of age and older, to evaluate the efficacy of

INO-4800 (2.0 mg) in a two-dose regimen based on the Phase 2 dose-confirmation

data. The trial will be predominantly conducted in vaccine underserved

countries in Latin America and Asia. Participants will be enrolled in a

two-to-one randomization to receive either INO-4800 or a placebo. The Phase 3

segment will be case-driven with the final number of enrollees to be determined

by the incidence of COVID-19 during the Phase 3 segment. The primary endpoint

of the Phase 3 segment will be virologically confirmed COVID-19 disease.

 

About INO-4800

 

INO-4800 is INOVIO's DNA vaccine candidate against SARS-CoV-2, the novel

coronavirus that causes COVID-19. INOVIO has extensive experience working with

coronaviruses and was the first company to initiate a Phase 2a trial for

INO-4700, a DNA vaccine candidate for a related coronavirus that causes Middle

East Respiratory Syndrome (MERS).

 

Composed of a precisely designed DNA plasmid, INO-4800 is injected

intradermally followed by electroporation using a proprietary smart device

delivering the DNA plasmid directly into cells in the body and is intended to

produce a well-tolerated immune response. INO-4800 is the only nucleic-acid

based vaccine that is stable at room temperature for more than a year, at 37o C

for more than a month, has a five-year projected shelf life at normal

refrigeration temperature and does not need to be frozen during transport or

storage – all of which are important considerations when preparing for mass

immunizations.

 

About INOVIO's DNA Medicines Platform

 

INOVIO has 15 DNA medicine clinical programs currently in development and

focused on HPV-associated diseases, cancer, and infectious diseases, including

coronaviruses associated with MERS and COVID-19 that are being developed under

grants from the Coalition for Epidemic Preparedness Innovations (CEPI) and the

U.S. Department of Defense. DNA medicines are composed of precisely designed

DNA plasmids, which are small circles of double-stranded DNA that are

synthesized or reorganized by a computer sequencing technology and designed to

produce a specific immune response in the body.

 

INOVIO's DNA medicines deliver optimized plasmids directly into cells

intramuscularly or intradermally using INOVIO's proprietary hand-held smart

device called CELLECTRA(R). The CELLECTRA(R) device uses a brief electrical

pulse to reversibly open small pores in the cell to allow the plasmids to

enter, overcoming a key limitation of other DNA and other nucleic acid

approaches. Once inside the cell, the DNA plasmids enable the cell to produce

the targeted antigen. The antigen is processed naturally in the cell and

triggers the desired T cell and antibody mediated immune responses.

Administration with the CELLECTRA® device ensures that the DNA medicine is

efficiently delivered directly into the body's cells, where it can go to work

to drive an immune response. INOVIO's DNA medicines do not interfere with or

change in any way an individual's own DNA. The advantages of INOVIO's DNA

medicine platform are the relative speed at which DNA medicines can be designed

and manufactured; the stability of the products, which do not require freezing

in storage and transport; and the robust immune response, and tolerability that

have been observed in clinical trials.

 

With more than 3,000 patients receiving INOVIO investigational DNA medicines in

more than 7,000 applications across a range of clinical trials, INOVIO has a

strong track record of rapidly generating DNA medicine candidates with the

potential to meet urgent global health needs.

 

About INOVIO

 

INOVIO is a biotechnology company focused on rapidly bringing to market

precisely designed DNA medicines to treat and protect people from infectious

diseases, cancer, and diseases associated with HPV. INOVIO is the first and

only company to have clinically demonstrated that a DNA medicine can be

delivered directly into cells in the body via a proprietary smart device to

produce a robust and tolerable immune response. Specifically, INOVIO's lead

candidate VGX-3100 is the first DNA medicine to achieve efficacy endpoints in a

Phase 3 clinical trial, REVEAL 1, for the treatment of precancerous cervical

dysplasia caused by HPV-16 and/or HPV-18. VGX-3100 also demonstrated positive

Phase 2 efficacy results in separate trials evaluating the treatment of

precancerous vulvar dysplasia and anal dysplasia. Also in development are

programs targeting HPV-related cancers and a rare HPV-related disease,

recurrent respiratory papillomatosis (RRP); non-HPV-related cancers

glioblastoma multiforme (GBM) and prostate cancer; as well as externally funded

infectious disease DNA vaccine development programs in Zika, Lassa fever,

Ebola, HIV, and coronaviruses associated with MERS and COVID-19. Partners and

collaborators include Advaccine, ApolloBio Corporation, AstraZeneca, The Bill &

Melinda Gates Foundation, Coalition for Epidemic Preparedness Innovations

(CEPI), Defense Advanced Research Projects Agency (DARPA)/Joint Program

Executive Office for Chemical, Biological, Radiological and Nuclear Defense

(JPEO-CBRND)/Department of Defense (DoD), HIV Vaccines Trial Network,

International Vaccine Institute (IVI), Kaneka Eurogentec, Medical CBRN Defense

Consortium (MCDC), National Cancer Institute, National Institutes of Health,

National Institute of Allergy and Infectious Diseases, Ology Bioservices, the

Parker Institute for Cancer Immunotherapy, Plumbline Life Sciences, Regeneron,

Richter-Helm BioLogics, Thermo Fisher Scientific, University of Pennsylvania,

Walter Reed Army Institute of Research, and The Wistar Institute. INOVIO also

is a proud recipient of 2020 Women on Boards "W" designation recognizing

companies with more than 20% women on their board of directors. For more

information, visit www.inovio.com.

 

CONTACTS:

 

Media: Jeff Richardson, 267-440-4211, jrichardson@inovio.com

Investors: Ben Matone, 484-362-0076, ben.matone@inovio.com

 

 

This press release contains certain forward-looking statements relating to our

business, including our plans to develop and commercialize DNA medicines, our

expectations regarding our research and development programs, including the

planned initiation and conduct of preclinical studies and clinical trials and

the availability and timing of data from those studies and trials, and our

ability to successfully manufacture and produce large quantities of our product

candidates if they receive regulatory approval. Actual events or results may

differ from the expectations set forth herein as a result of a number of

factors, including uncertainties inherent in pre-clinical studies, clinical

trials, product development programs and commercialization activities and

outcomes, our ability to secure sufficient manufacturing capacity to mass

produce our product candidates, the availability of funding to support

continuing research and studies in an effort to prove safety and efficacy of

electroporation technology as a delivery mechanism or develop viable DNA

medicines, our ability to support our pipeline of DNA medicine products, the

ability of our collaborators to attain development and commercial milestones

for products we license and product sales that will enable us to receive future

payments and royalties, the adequacy of our capital resources, the availability

or potential availability of alternative therapies or treatments for the

conditions targeted by us or collaborators, including alternatives that may be

more efficacious or cost effective than any therapy or treatment that we and

our collaborators hope to develop, issues involving product liability, issues

involving patents and whether they or licenses to them will provide us with

meaningful protection from others using the covered technologies, whether such

proprietary rights are enforceable or defensible or infringe or allegedly

infringe on rights of others or can withstand claims of invalidity and whether

we can finance or devote other significant resources that may be necessary to

prosecute, protect or defend them, the level of corporate expenditures,

assessments of our technology by potential corporate or other partners or

collaborators, capital market conditions, the impact of government healthcare

proposals and other factors set forth in our Annual Report on Form 10-K for the

year ended December 31, 2020, our Quarterly Report on Form 10-Q for the quarter

ended March 31, 2021 and other filings we make from time to time with the

Securities and Exchange Commission. There can be no assurance that any product

candidate in our pipeline will be successfully developed, manufactured or

commercialized, that final results of clinical trials will be supportive of

regulatory approvals required to market products, or that any of the

forward-looking information provided herein will be proven accurate.

Forward-looking statements speak only as of the date of this release, and we

undertake no obligation to update or revise these statements, except as may be

required by law.

 

Source - INOVIO Pharmaceuticals, Inc.

 

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