Bionomics Limited
Bionomics (ASX: BNO) is a productive drug discovery and development engine room focused on new treatments for cancer and serious disorders of the central nervous system (CNS). Through application of its proprietary technology platforms, MultiCore®, Angene® and ionX®.
The company has generated multiple drug candidates and targets in the therapeutic areas of Cancer, Anxiety, Multiple Sclerosis and Epilepsy. The company has a strong out-license record in conjunction with its in-house development program which has seen two highly promising drugs enter clinical trials in the past two years.
Bionomics to conduct Phase II clinical trial on its BNC105 anti-cancer drug
Australian biotechnology company Bionomics (ASX: BNO) will conduct a Phase II clinical trial of its BNC105 anti-cancer drug on 60 mesothelioma patients at up to twelve centres in Australia.
Dr Deborah Rathjen, managing director of Bionomics said, “This drug has been very promising so far and the company is quickly moving to Phase II trials. We are expecting to report interim results of this trial in patients with mesothelioma in early 2011.”
“This condition has virtually no effective treatments after first line chemotherapy and patients typically have a life expectancy of less than 1 year. The long latency means that we are still to see the peak incidence of mesothelioma over the next decade, she said.”
The Australasian Lung Cancer Trials Group (ALTG) and the NHMRC Clinical Trials Centre (CTC) has been contracted by Bionomics to conduct the clinical trial.
Mesothelioma is a form of cancer that is usually caused by exposure to asbestos. Despite treatment, mainly with chemotherapy and radiation therapy, the disease usually carries a poor prognosis.
The primary objective of the trial is to determine the tumour response rate. Secondary endpoints include progression free survival, quality of life, overall survival and treatment duration.
This follows a successful BNC105 Phase I clinical trial by Bionomics in patients with advanced cancers at the Peter MacCallum Cancer Centre, the Western Hospital, Austin Health and the Royal Melbourne Hospital.
This is the second planned Phase II clinical trial of the anti-cancer properties of BNC105 after the Bionomics announced a US-based Phase II renal cancer trial earlier this year.
BNC105 is a novel anti-cancer agent which is both a vascular disrupting agent (VDA) and an inhibitor of cancer cell proliferation.
Bionomic's strategy is to license BNC105 to a major player to take it eventually to market once the company has Phase II clinical trial data.
Other Bionomics Limited articles
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25/02/10 Europe's Edison Investment Research values Bionomics at twice current valuation
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27/01/10 Bionomics BNC105 renal cancer trial commences in USA with Hoosier Oncology Group
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04/11/09 Bionomics CEO confident anti cancer and anxiety clinical milestones can be reached in 2010
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27/10/09 Bionomics anxiety drug BNC210 succesfully completes first stage, Phase 1 clinical trial
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16/10/09 Bionomics clinical trials for anxiety drug BNC210, show superiority to Valium, Prozac
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08/09/09 Bionomics raises $5.8m, total of $15m in funding to progress anti-cancer and anxiety drugs
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28/08/09 Bionomics' underlying revenues increase 115%, costs down, positioned in cancer and anxiety trials
Other Bionomics Limited news
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02/03/10 Bionomics makes strides with clinical trial of anxiety compound
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02/02/10 Bionomics makes further gains with anti-anxiety drug compound BNC210
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08/10/09 Australian drug developer Bionomics SPP closes oversubscribed
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16/09/09 Bionomics to complete $2.2 million capital raising via share purchase plan
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07/09/09 Bionomics completing capital raising
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03/09/09 Bionomics turns up the heat on cancer, with planned $7 million capital raising
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25/06/09 Bionomics commences clinical trial for anti anxiety drug BNC210 - with less side effects
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10/02/09 Bionomics adds $4 million cash from biotech investor
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