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Oryzon Genomics Rises 3% After Progress in a Clinical Study of Leukemia

Oryzon Genomics’ stock rose over 3% after announcing progress in a leukemia study. The first patient received a dose in a Phase Ib trial of iadademstat combined with venetoclax and azacitidine for acute myeloid leukemia (AML). Sponsored by Oregon Health & Science University, the trial aims to improve treatment outcomes. Positive results were previously presented at the EHA congress.

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Oryzon Genomics

Oryzon Genomics rose more than 3% on the stock market on Monday, September 9th, after two o’clock in the afternoon, after announcing progress in a clinical study of leukemia. Specifically, the shares of the Spanish biopharmaceutical company rose 3.19% on the Continuous Market, trading at a price of 1.8 euros.

The first patient has been recruited and has already received the first dose in a Phase Ib dose-finding trial of iadademstat, Oryzon’s potent and selective LSD1 inhibitor, in combination with venetoclax and azacitidine in first-line acute myeloid leukemia (AML), the company reported in a statement.

This is an investigator – initiated clinical trial sponsored by Oregon Health & Science University (OHSU) Knight Cancer Institute in the United States. Led by Dr. Curtis Lachowiez of OHSU, this study (NCT06357182) will evaluate the safety, tolerability, and optimal dosing of iadademstat when administered with venetoclax and azacitidine, the standard of care, in patients with newly diagnosed AML. The trial will also evaluate the preliminary efficacy of the triple combination .

“Given the activity observed with LSD1 inhibitors in combination with azacitidine in AML, testing a triple combination including iadademstat with the current standard of care azacitidine+venetoclax is a logical next step to try to improve the outlook for patients living with AML, if the combination is shown to be safe and active,” said Lachowiez, Principal Investigator of the study.

Oryzon Genomics presented favourable results from another trial at the European Hematology Association (EHA) congress

“This trial builds on the positive results obtained in our Alice trial in first-line AML, where the combination of iadademstat with azacitidine showed strong antileukemic activity with deep and durable responses and a manageable safety profile, even in patients with high-risk prognostic factors who respond poorly to venetoclax+azacitidine,” added Carlos Buesa, CEO of Oryzon.

In the AML setting, iadademstat is also being evaluated in a Phase Ib trial sponsored by Oryzon in combination with gilteritinib in patients with relapsed/refractory AML harboring a FMS-like tyrosine kinase mutation (FLT3mut+). This Frida trial is being conducted in the United States.

Frida’s preliminary results from the first two cohorts were recently presented at the European Hematology Association (EHA) 2024 congress in June. These results demonstrated that the combination of iadademstat plus gilteritinib was safe and well tolerated, and had encouraging antileukemic activity, according to the spin-off from the University of Barcelona (UB).

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(Featured image by Joshua Mayo via Unsplash)

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First published in PlantaDoce. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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Eva Wesley is an experienced journalist, market trader, and financial executive. Driven by excellence and a passion to connect with people, she takes pride in writing think pieces that help people decide what to do with their investments. A blockchain enthusiast, she also engages in cryptocurrency trading. Her latest travels have also opened her eyes to other exciting markets, such as aerospace, cannabis, healthcare, and telcos.