Form 8-K
UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to
Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest
event reported): June 22, 2009
AMICUS THERAPEUTICS,
INC.
(Exact name of registrant as
specified in its charter)
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Delaware |
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001-33497 |
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71-0869350 |
(State or other Jurisdiction of Incorporation) |
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(Commission File Number) |
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(IRS Employer Identification No.) |
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6 Cedar Brook Drive,
Cranbury, NJ
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08512 |
(Address of Principal Executive Offices) |
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(Zip Code) |
Registrant’s telephone number,
including area code: (609) 662-2000
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(Former name or former address if changed since last report.) |
Check the appropriate box below if the
Form 8-K filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions:
o Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 8.01. Other Events.
On June 22, 2009, Amicus
Therapeutics, Inc. issued a press release, a copy of which is attached to this
Current Report on Form 8-K as Exhibit 99.1 and incorporated herein by
reference.
The information contained in this Form
8-K is being filed and shall be deemed “filed” for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”), or otherwise subject to the liabilities of that
Section, and shall be incorporated by reference into any registration statement
or other document filed under the Securities Act of 1933, as amended, or the
Exchange Act.
Item 9.01. Financial Statements
and Exhibits.
(d) Exhibits: The
Exhibit Index annexed hereto is incorporated herein by reference.
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SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly
authorized.
Amicus Therapeutics,
Inc.
Date: July 2, 2009
By: /s/ Geoffrey P.
Gilmore
Geoffrey P. Gilmore
Senior Vice President and General Counsel
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EXHIBIT INDEX
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Exhibit
No. |
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Description |
99.1
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Press Release dated June 22, 2009 |
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Exhibit 99.1
Exhibit 99.1
Amicus Therapeutics Commences Phase 3 Trial Evaluating AmigalTM
for the Treatment of Fabry Disease
FDA Agreement Reached on Phase 3 Study Design, Primary Endpoint and
Histological Methodology
CRANBURY, N.J., June 22, 2009 Amicus Therapeutics (Nasdaq: FOLD) today announced it has
commenced the U.S. registration Phase 3 trial with its investigational drug, Amigal (migalastat
hydrochloride) for the treatment of Fabry disease. The Company has reached agreement with the U.S.
Food and Drug Administration (FDA) on the key protocol design elements of the pivotal trial,
including the use of the surrogate primary endpoint of the change in the amount of kidney
interstitial capillary GL-3, the substrate that accumulates in the cells of Fabry patients. In
addition, the FDA is in agreement that the Company is eligible to seek Accelerated Approval for
Amigal according to Subpart H regulations. The Company has begun submitting the Phase 3 protocol to
investigational sites worldwide and expects to begin the dosing of subjects in the second half of
this year.
John F. Crowley, President and CEO of Amicus stated, The start of our Phase 3 trial with Amigal is
a major milestone for Amicus and highlights our transition into a late-stage development company.
Crowley continued, We are very pleased with the outcome of our interactions with FDA around the
design of this pivotal study and are confident we have set the stage for a successful Phase 3
study. We continue to believe that Amigal may be an important treatment option for patients who
suffer with Fabry disease and a significant step forward for them and their families.
Raphael Schiffmann, MD, Director of the Institute of Metabolic Disease, Baylor Health Care System
Foundation, commented, Having been involved in Fabry research for more than 15 years and
considering the Phase 2 data with migalastat, I am pleased that the Phase 3 trial is starting and
look forward to continued involvement with this novel approach for the treatment of Fabry disease.
Amigal U.S. Registration Phase 3 Trial Design
The Phase 3 trial will evaluate the efficacy, safety and pharmacodynamics of Amigal in males and
females with Fabry disease. This trial will consist of a six-month double-blind, randomized,
placebo-controlled treatment stage and will enroll approximately 60 subjects who are naïve to
enzyme replacement therapy (ERT) or who have not received ERT for at least six months prior to the
start of treatment with Amigal. The Amigal treatment arm dose and regimen will be 150 mg every
other day.
The primary endpoint will be the change in the amount of kidney interstitial capillary GL-3 as
measured in kidney biopsies using histology. Secondary endpoints will include safety and
tolerability, kidney GL-3 as measured in urine, and an assessment of renal function (including
glomerular filtration rate (GFR) and 24-hour urine protein).
Additionally, the FDA and Amicus reached agreement on an improved methodology for the histological
evaluation of GL-3 in the kidney biopsies. An analysis of the Phase 2 and Phase 2 extension study
biopsies using the improved methodology demonstrated that all of the evaluable baseline samples had
detectable interstitial capillary GL-3 and that reductions were observed in 8 of the 9 responders.
According to Laura Barisoni, MD, Assistant Professor in Pathology and Medicine, Director,
Nephropathology Service, Department of Pathology, New York University School of Medicine, The
Phase 2 data using the improved methodology for histological evaluation of GL-3 in kidney biopsies
were very encouraging and provide added confidence in the planned Phase 3 study.
It is expected that approximately 30 clinical sites worldwide will participate in this trial.
European Phase 3 Registration Trial Update
Amicus and its partner, Shire Human Genetic Therapies, Inc. (Shire HGT), have completed a series of
discussions with the European Medicines Agency (EMEA). Based on feedback from the EMEA, the
Companies expect a separate clinical study will be required for Amigal registration in Europe.
The EMEA has recommended a registration trial evaluating the safety and efficacy of Amigal in males
and females with Fabry disease as compared to enzyme replacement therapy (ERT). The Agency agrees
that the trial may enroll subjects currently receiving ERT. The recommended primary endpoint is
renal function as measured by glomerular filtration rate (GFR) and the recommended primary analysis
is a comparison of outcomes between the Amigal and ERT groups using descriptive statistics.
Amicus and Shire HGT are reviewing the final EMEA feedback and will provide an update regarding
plans for registration in Europe in the second half of 2009.
About Amigal
Amigal has undergone clinical testing in a series of Phase 2 studies. Twenty-six male and female
subjects were included in these studies and studied initially for either 12 or 24 weeks.
Twenty-three of the 26 subjects continue to receive treatment in an ongoing extension study
designed to evaluate the long-term safety and efficacy of Amigal. Fifteen of the 23 subjects have
been on treatment for at least two years and five subjects have been on treatment for more than
three years.
Results from the Phase 2 and the extension study were presented in March 2009 at the American
College of Medical Genetics (ACMG) Annual Meeting in Tampa, FL. Specifically, Amicus reported that
treatment with Amigal was generally well-tolerated, with no drug-related serious adverse events.
The most common adverse events were headache, arthralgia and diarrhea. In subjects identified as
responders to Amigal, treatment resulted in increased levels of the target enzyme (a-Gal A), as
measured in white blood cells and in the kidney, and reduced levels of the target substrate (GL-3),
as measured in renal interstitial capillary cells from kidney biopsies and in urine.
About Fabry Disease
Fabry disease is a lysosomal storage disorder caused by inherited genetic mutations in the GLA
gene, which result in deficient activity of the enzyme alpha-galactosidase A (a-Gal A). Deficient
a-Gal A activity leads to lysosomal accumulation of globotriaosylceramide (GL-3), which is believed
to cause the various symptoms of Fabry disease, including pain, kidney failure and increased risk
of heart attack and stroke. Amigal is designed to selectively bind to and stabilize a-Gal A, which
facilitates proper trafficking of the enzyme to the lysosomes, where it is needed to break down
GL-3.
Fabry disease is estimated to affect approximately 5,000 to 10,000 people in the developed world,
but recent evidence suggests that the disease may be significantly under-diagnosed. The U.S. Food
and Drug Administrations Office of Orphan Products Development has granted orphan designation for
Amigal in the United States, and the European Commission has designated Amigal as an orphan
medicinal product in the European Union.
Shire HGT Collaboration
In November 2007, Amicus entered into a strategic collaboration with Shire Human Genetic Therapies,
Inc., a wholly-owned subsidiary of Shire plc, to jointly develop Amicus three lead pharmacological
chaperone compounds for lysosomal storage disorders, Amigal, Plicera and AT2220. Under the terms of
the collaboration Shire will pay development and sales milestones up to a maximum of $390 million,
and will also pay tiered, double digit royalties on net sales of the products. Shire also shares
world-wide development costs on a 50/50 basis, and in return Shire received rights to commercialize
these products outside of the U.S. while Amicus retains all rights to commercialize these products
in the U.S. In addition, Amicus leads development operations through the end of Phase 2 clinical
trials. The companies then share responsibility for Phase 3 clinical trial development leveraging
Shires significant ex-US regulatory and clinical experience as well as its commercial
infrastructure.
About Amicus Therapeutics
Amicus Therapeutics is a biopharmaceutical company developing novel, oral therapeutics known as
pharmacological chaperones for the treatment of a range of human genetic diseases. Pharmacological
chaperone technology involves the use of small molecules that selectively bind to and stabilize
proteins in cells, leading to improved protein folding and trafficking, and increased activity.
Amicus is initially targeting lysosomal storage disorders, which are severe, chronic genetic
diseases with unmet medical needs.
Amicus has a strategic collaboration with Shire Human Genetic Therapies, Inc., a wholly-owned
subsidiary of Shire Limited, to develop and commercialize Amicus three lead pharmacological
chaperone compounds for lysosomal storage disorders. Under the agreement, Shire received commercial
rights outside of the United States. Amicus retains all U.S. rights.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Words such as, but not limited to, look forward to,
believe, expect, anticipate, estimate, intend, plan, targets, likely, will,
would, should and could, and similar expressions or words identify forward-looking
statements. Such forward-looking statements are based upon current expectations that involve risks,
changes in circumstances, assumptions and uncertainties. The inclusion of forward-looking
statements should not be regarded as a representation by Amicus that any of its plans will be
achieved. Any or all of the forward-looking statements in this press release may turn out to be
wrong. They can be affected by inaccurate assumptions Amicus might make or by known or unknown
risks and uncertainties. For example, with respect to statements regarding the goals, progress,
timing and outcomes of ongoing discussions with regulatory authorities and the potential goals,
progress, timing and results of clinical trials, actual results may differ materially from those
set forth in this release due to the risks and uncertainties inherent in the business of Amicus,
including, without limitation: the potential that data from the phase 3 trial design for Amigal is
insufficient to support regulatory approval; the potential that results of clinical or pre-clinical
studies indicate that the product candidates are unsafe or ineffective; and, our dependence on
third parties in the conduct of our clinical studies. Further, the results of earlier clinical
trials and studies may not be predictive of future results. Additionally, all forward looking
statements are subject to other risks detailed in our Annual Report on Form 10-K for the year ended
December 31, 2008, and our other public filings with the Securities and Exchange Commission. You
are cautioned not to place undue reliance on these forward-looking statements, which speak only as
of the date hereof. All forward-looking statements are qualified in their entirety by this
cautionary statement, and Amicus undertakes no obligation to revise or update this news release to
reflect events or circumstances after the date hereof. This caution is made under the safe harbor
provisions of Section 21E of the Private Securities Litigation Reform Act of 1995.
CONTACT:
Investors/Media:
Jenene Thomas
Director, Investor Relations
Amicus Therapeutics
609-662-5084
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