Osiris Therapeutics Initiates Phase II Clinical Trial Evaluating Prochymal(TM) for Chronic Obstructive Pulmonary Disease
Wednesday, May 21, 2008 7:01 AM
Symbols: OSIR

First-in-Class Stem Cell Therapy Now Being Evaluated to Treat Fourth Leading Cause of Death

Osiris Therapeutics, Inc. (NASDAQ:OSIR) today announced the treatment of the first patients in a new Phase II clinical trial evaluating Prochymal, a mesenchymal stem cell (MSC) therapy, for moderate to severe Chronic Obstructive Pulmonary Disease (COPD). This trial marks the sixth indication for which Prochymal has been advanced into Phase II or later-stage clinical trials.

COPD, a form of lung disease characterized by limitation or obstruction of airflow in the airway, encompasses both emphysema and chronic bronchitis. COPD is the fourth leading cause of death in the U.S. with an estimated 12 million Americans diagnosed with the disease. COPD has no known cure, thus current therapeutic intervention is aimed at providing relief of symptoms. Preclinical and clinical data suggest that Prochymal’s unique mechanism of action may provide a first-in-class treatment option with the ability to reverse the underlying disease.

“Our COPD program serves as another example of how quickly and efficiently we can now work towards developing this first-in-class stem cell therapy,” said C. Randal Mills, Ph.D., President and Chief Executive Officer of Osiris Therapeutics. “With the early testing completed, the clinical development and regulatory pathways are significantly streamlined for future indications. This supports our strategy to seek initial approval for the world’s first stem cell drug in relatively small underserved diseases, such as GvHD and resistant Crohn’s disease, and promptly expand the technology to include blockbuster markets for which the technology also holds great promise.”

“Studies that we and others have conducted provide convincing evidence that MSCs have the potential to be effective in addressing selected lung diseases, including COPD," said Daniel Weiss, M.D., Ph.D., Associate Professor of Medicine at the University of Vermont College of Medicine and an expert in research using stem cells to treat lung diseases. “These mesenchymal stem cells are particularly suited for treating pulmonary disease due to their inherent trafficking pathway through the lungs when delivered intravenously and their ability to remain in the lungs when inflammatory molecules are present. With their demonstrated ability to both reduce inflammation and reverse tissue damage, we have reason for optimism about Prochymal’s use in this devastating disease.”

A recent Osiris study evaluating Prochymal as a treatment for myocardial infarction demonstrated a statistically significant improvement in lung function as compared to placebo. Specifically, patients treated with Prochymal showed a 17 point improvement in FEV1 % predicted, a measure of pulmonary function, versus only a 6 point improvement in patients treated with placebo (p < 0.05).


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