Pharnext Announces Pleotherapy Proof of Concept in Charcot-Marie-Tooth Disease Type 1A through Two Peer-Reviewed Publications

- First Paper Shows Consistent and Synergic Preclinical Data for PXT-3003 in Two Different CMT 1A Rodent Models -

- Second Paper Presents Positive Phase 2 results of PXT-3003 in 80 Patients with Mild to Moderate CMT 1A -

- Phase 3 Clinical Trial of PXT-3003 in CMT1A set to begin in 2015 -

PARIS , Dec. 18, 2014 /PRNewswire/ -- Pharnext SAS today announced the proof of concept of its pleotherapy research and development approach based on a proprietary network pharmacology platform that identifies synergic combinations of drugs already approved for other diseases. Indeed, Pharnext's lead pleodrug, PXT-3003, has shown positive results both in preclinical and Phase 2 clinical studies published today in the Orphanet Journal of Rare Diseases.

In the preclinical publication titled "A combination of three repurposed drugs is active in models of Charcot-Marie-Tooth type 1A neuropathy" by Ilya Chumakov , et al., data shown in two different CMT 1A rodent models that PXT-3003:

In the Phase 2 clinical trial publication titled "An exploratory randomised double-blind and placebo-controlled phase 2 study of a combination of Baclofen, Naltrexone and Sorbitol (PXT-3003) in patients with Charcot-Marie-Tooth disease type 1A" by Shahram Attarian , et al., the authors report that PXT-3003:

, said, "CMT is a rare and progressive hereditary neurological disease with no currently approved or effective treatment available. PXT-3003 was well tolerated and produced a consistent dose effect on most efficacy endpoints. In a disease such as CMT1A that begins in childhood and is progressive, a therapy that can not only stabilize but also improve symptoms can have a profound impact on the course of the disease and patient lives."

, said, "Positive preclinical and Phase 2 data for PXT-3003 validate our pleotherapy approach based on network pharmacology. We look forward to continuing the development of PXT-3003 with an international Phase 3 clinical trial set to begin in 2015."

said, "I feel that the pleotherapy approach has an enormous potential for the CMT community and other neurologic diseases as well. As a consultant to Pharnext, I look forward to contributing to the future success of this approach."

In this double-blind, placebo-controlled Phase 2 clinical trial, 80 patients with mild to moderate CMT type 1A received either placebo or one of three escalating doses of PXT-3003 orally for one year. Preliminary safety and tolerability data were obtained together with the first efficacy data. The Overall Neuropathy Limitations Scale (ONLS) and the Charcot-Marie-Tooth Neuropathy Score (CMTNS) were the main efficacy endpoints. Other clinical outcomes and electrophysiological measures were also evaluated.

Charcot-Marie-Tooth (CMT) disease encompasses a heterogeneous group of inherited, progressive, chronic peripheral neuropathies. CMT type 1A (CMT 1A), the most common type of CMT, is an orphan disease affecting at least 100,000 people in Europe and the U.S. The genetic mutation responsible for CMT 1A is a duplication of the PMP 22 gene coding for a peripheral myelin protein. Overexpression of this gene causes degradation of the neuronal sheath (myelin) responsible for nerve dysfunction, followed by loss of nerve conduction. As a result of peripheral nerve degradation, patients suffer from progressive muscle atrophy of legs and arms causing walking, running, balance problems and abnormal hand functioning. CMT 1A patients end up in wheelchairs in at least 5% of cases. They might also suffer from mild to moderate sensitive disorders. First symptoms usually appear during adolescence and will progressively evolve through patients' life.

To date, no curative or symptomatic medications have been approved and treatment consists of supportive care such as orthotics, leg braces, physical and occupational therapy or surgery.

Pharnext is an advanced clinical stage biopharmaceutical company developing new therapeutics that simultaneously target multiple key disease pathways for severe orphan and common neurological diseases. The proprietary research and development platform of Pharnext is based on network pharmacology. It allows the development of synergic combinations of repositioned drugs: pleodrugs. The company's two lead pleodrugs are PXT-3003 for the treatment of Charcot Marie Tooth type 1A (Phase 2 clinical trial completed) and PXT-864 for Alzheimer's disease (Phase 2 clinical trial ongoing) and other neurological indications (Parkinson's disease, ALS).

For further information, visit www.pharnext.com

Catherine Scart-Gres, M.D.
Chief Medical Officer
medical@pharnext.com

Tony Russo , Ph.D.
Matt Middleman, M.D.
Russo Partners
T: +1-212-845-4251
T: +1-212-845-4272
tony.russo@russopartnersllc.com
matt.middleman@russopartnersllc.com