Prescient reports blockbuster results in breast cancer

By Megan Graham. Published at Apr 10, 2018, in Biotech

Clinical-stage oncology company Prescient Therapeutics Ltd (ASX:PTX) has today announced its most significant clinical milestone to date — the highly encouraging results of its PTX-200 Phase 1b Breast Cancer trial.

Patients evaluable for efficacy in the PTX-200 Phase 1b breast cancer trial showed an overall response rate of 50%, against the predicted industry average response rate of 25% with only chemotherapy drug paclitaxel.

In the five patients with locally advanced disease, two (or 40%) had pathologic complete responses — meaning total eradication of cancer — and three patients had an Overall Response Rate (ORR) of 100%.

The Phase 1b trial evaluated PTX-200 in combination with paclitaxel in women with HER2-negative breast cancer, including ER-/PR- (triple negative) and ER+ breast cancer. The results were particularly favourable for women with ER+ breast cancer — with a ‘pathological complete response’ (pCR) of 50% and ORR of 75% in this category, as shown below:

table 1 trial results

Of patients with locally advanced disease, which is PTX’s focus for the Phase 2 study, there was a total of two pCRs (40%) and three PRs (60%) for an ORR of 100%, as shown below:

table 2 results

Of course, it should be noted that PTX is still a speculative stock and anything can happen. Investors should seek professional financial advice if considering this stock for their portfolio.

More detail on PTX-200 trials

The Phase 1b trial was undertaken with the leadership of renowned breast cancer specialist Professor Joseph Sparano, MD, and the H. Lee Moffitt Cancer Center in Tampa (Moffitt) at the Montefiore Medical Center, Albert Einstein College of Medicine in New York.

The Phase 1b dosed 28 patients in total, resulting in 10 patients who were evaluable for clinical response — of these, five had locally advanced disease and five had metastatic disease.

PTX is currently in a Phase 2 trial for women with HER2 negative locally advanced breast cancer, with five of the patients of the Phase 1b study qualifying for assessment of Phase 2 data.

The company’s Phase 2 trial will be in 26 patients using a “two-stage Simons MinMax Design”. This means that, provided at least three pCRs are observed in the first 11 patients of the Phase 2 trial, it will expand to include a further 15 patients. At this stage, PTX already have two pCRs within the first five patients, leaving it in a good position to eventually expand the Phase 2 trial.

For the purposes of the PTX-200 trials, assessment of disease falls into several different categories according to a patient’s response to therapy:

• Pathological Complete Response (or Complete Response) (pCR or CR): meaning complete eradication of cancer from the patient;

• Partial Response (PR): partial but not complete eradication of cancer;

• Stable Disease (SD): cancer has not progressed, but neither has it diminished; and

• Progressive Disease (PD): cancer has progressed.

To put PTX’s results into perspective, for women with locally advanced ER+ HER2 negative breast cancer, typical expectations are pCR rates of 16% (11-22%) and ORR of 25%.

In PTX’s Phase 1b trial, the ORR was 50%, and in the five patients with locally advanced diseases, 40% had pCRs, and three had an ORR of 100%.

About Prescient

PTX is at the forefront of cutting edge research that aims to better target drug therapies to improve outcomes for the patient — in terms of effectiveness in killing cancer cells, as well as reducing treatments’ toxic side-effects.

It is currently in human clinical trials with two innovative drugs which ‘turn off the switch’ that would otherwise allow cancerous cells to grow via the important Akt and Ras pathways.

S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

Publishers Notice

The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

Australian ASX Small Cap stocks | Why Finfeed.com is Australia’s leading small cap publication

Founded seven years ago, Finfeed.com is Australia’s leading and longest standing website for investor and finance news, education and expert opinion.

Published by StocksDigital, Finfeed was created to report daily on the comings and goings of ASX listed stocks in the small cap market.

As the first digital publication dedicated specifically to this space, Finfeed soon became the most trusted publication in the market, quickly garnering over two million page views – a number that continues to rise.

Finfeed.com provides its readers with informative articles that tackle the latest in market moving #ASX small cap news, plus exclusive content you won’t find anywhere else. It is aimed at those with an interest in investing, market education, company performance, start-ups and much more.

Finfeed.com is the only media organisation operating under the strength of a Financial Services License and is backed by leading journalists and analysts all with brands of their own.

The website aims to inform, educate and entertain with content that drills down into the heart of financial matters.

Finfeed is a leading source of investor and market information, with everything investors need to know about how to invest written in a way that anyone can understand. 

Over the years, the website has expanded beyond exclusively reporting on small caps, to profile Australia’s leading ASX listed small, mid and large caps as well as some of the country’s most successful CEOs and business leaders to find out what makes them tick.

Every day you will find fresh content covering:

Fast Facts

Over 4,000 articles published

Over 2.3 Million Page Views and counting

Over 10,000 followers on social media

Subscriber list growing by 2% monthly

Thanks for subscribing!

X