Clinical stage biopharmaceutical company Pharmaxis (ASX: PXS) has welcomed new drug development grants from the Australian Government awarding NHMRC funding to two renowned research teams to advance work they are conducting with two Pharmaxis discoveries.
Associate Professor Thomas Cox from the Garvan Institute of Medical Research has been awarded an $827,500 NHMRC Development Grant to lead a multidisciplinary team investigating PXS‐5505 as a promising new treatment approach for pancreatic cancer.
Collaborating with Pharmaxis, the Garvan‐led team will conduct further preclinical studies of the experimental treatment in combination with chemotherapy. As part of this work, the team will also aim to validate biomarkers they previously identified as a potential tool to guide which patients are most likely to benefit from the therapeutic approach, and to monitor treatment response in real time.
PXS‐5505 is already being separately studied by Pharmaxis in a phase 2 clinical trial of the bone cancer myelofibrosis with an IND also granted to explore its potential in liver cancer.
Pancreatic cancer is an aggressive cancer with a five‐year survival rate of less than 10% and where treatment resistance to existing chemotherapy is a significant problem.
“Treatment resistance in pancreatic cancer is partially driven by fibrosis – a process by which scar tissue builds up throughout and around the tumour tissue,” Associate Professor Cox said.
“This scar tissue can prevent treatments from reaching their tumour target and also stimulate cancer growth and spread. Tumours need specific enzymes called lysyl oxidases to build the main constituent of this damaging scar tissue.
“Our preclinical studies in experimental models have revealed that targeting lysyl oxidases can reduce fibrosis and improve the efficiency of chemotherapy. Further, they have pointed us to an experimental therapy that we will now help progress to clinical trials.”
New treatments for tissue repair and inflammatory skin disease Professor Fiona Wood and Associate Professor Mark Fear, from UWA’s Burn Injury Research Unit, together with Dr Mehra Haghi, University of Technology Sydney, and Pharmaxis have been awarded $590,264 to examine a Pharmaxis’ serine protease inhibitor as a potential new treatment for tissue repair and inflammatory skin disease.
Slow tissue repair, excessive scarring and many skin diseases are driven by the body’s inappropriate or excessive immune response to an injury or environmental trigger. A key enzyme class that causes this excessive response are serine proteases which will be targeted in the research work.
Associate Professor Fear said, “It is great to be working with Pharmaxis on a new compound and drug target to modify tissue repair and inflammatory skin disease. As our previous collaboration with the anti‐fibrotic drug PXS‐6302 now moves into clinical trials, this new grant gives us an opportunity to target a new pathway with the potential to improve the healing trajectory for patients, reducing time in hospital and improving their outcomes.”
We are delighted that the long-term scientific collaborations we have with the Garvan, UTS and UWA have been recognised in an extremely competitive government grant process that historically only awards 10% of submissions,” CEO, Gary Phillips, said.
Together, our work aims to support commercialisation of new treatment approaches for pancreatic cancer and various skin diseases, which we hope will deliver significant benefits for patients.”
The NHMRC Drug Development Grant scheme provides financial support to individual researchers and/or research teams to undertake health and medical research within Australia at the proof‐of‐concept stage that specifically drives towards a commercial outcome by the industry partner within a foreseeable timeframe.
Pharmaxis has an experienced drug development team with a world leading expertise in amine oxidase chemistry that has discovered numerous drugs that act on inflammation and fibrosis. Five of those drugs have progressed into human studies after successful completion of pre‐clinical testing.
