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): December 8, 2016

 

AMICUS THERAPEUTICS, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

001-33497

 

71-0869350

(State or other Jurisdiction of
Incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

1 Cedar Brook Drive, Cranbury, NJ

 

08512

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (609) 662-2000

 

 

(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))

 

 

 



 

Item 8.01. Other Events.

 

On December 8, 2016, Amicus Therapeutics, Inc. (the “Company”) hosted a conference call and webcast to discuss the positive preliminary data from Phase 1/2 Study of Novel Treatment Paradigm for Pompe Disease. A copy of conference call presentation materials is attached hereto as Exhibit 99.1.

 

On December 8, 2016, the Company issued a press release announcing the positive preliminary data from Phase 1/2 Study of Novel Treatment Paradigm for Pompe Disease. A copy of this press release is attached hereto as Exhibit 99.2.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits: The Exhibit Index annexed hereto is incorporated herein by reference.

 

Exhibit
No.

 

Description

 

99.1

 

December 8, 2016 Conference Call Presentation Materials

 

 

 

 

 

99.2

 

Press Release dated December 8, 2016 titled “Amicus Therapeutics Announces Positive Preliminary Data from Phase 1/2 Study of Novel Treatment Paradigm for Pompe Disease.”

 

 

2



 

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: December 8, 2016

By:

/s/ ELLEN S. ROSENBERG

 

Name:

Ellen S. Rosenberg

 

Title:

General Counsel and Corporate Secretary

 

3



 

EXHIBIT INDEX

 

Exhibit No.

 

Description

 

99.1

 

December 8, 2016 Conference Call Presentation Materials

 

 

 

 

 

99.2

 

Press Release dated December 8, 2016 titled “Amicus Therapeutics Announces Positive Preliminary Data from Phase 1/2 Study of Novel Treatment Paradigm for Pompe Disease.”

 

 

4


Exhibit 99.1

Pompe Phase 1/2 Study (ATB200-02) Preliminary Data Conference Call & Webcast December 8, 2016

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Safe Harbor This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 relating to preclinical and clinical development of our product candidates, the timing and reporting of results from preclinical studies and clinical trials, the prospects and timing of the potential regulatory approval of our product candidates, commercialization plans, financing plans, and the projected cash position for the Company. In particular, this presentation relates to the preliminary data from a global Phase 1/2 study (ATB200-02) to investigate ATB200/AT2221. The inclusion of forward-looking statements arising from this preliminary data and study should not be regarded as a representation by us that any of our plans will be achieved. Any or all of the forward-looking statements in this presentation may turn out to be wrong and can be affected by inaccurate assumptions we might make or by known or unknown risks and uncertainties. For example, with respect to statements regarding the goals, progress, timing, and outcomes of discussions with regulatory authorities, and in particular the potential goals, progress, timing, and results of preclinical studies and clinical trials, actual results may differ materially from those set forth in this release due to the risks and uncertainties inherent in our business, including, without limitation: the potential that results of clinical or preclinical studies indicate that the product candidates are unsafe or ineffective; the potential that it may be difficult to enroll patients in our clinical trials; the potential that regulatory authorities, including the FDA, EMA, and PMDA, may not grant or may delay approval for our product candidates; the potential that we may not be successful in commercializing Galafold in Europe or our other product candidates if and when approved; the potential that preclinical and clinical studies could be delayed because we identify serious side effects or other safety issues; and the potential that we will need additional funding to complete all of our studies. Further, the results of earlier preclinical studies and/or clinical trials may not be predictive of future results. The preliminary data and Phase 1/2 study discussed herein is inherently preliminary and early in the study, derived from a limited patient set, and later trial results with this patient set or others may not be consistent with these preliminary results. With respect to statements regarding projections of the Company's cash position, actual results may differ based on market factors and the Company's ability to execute its operational and budget plans. In addition, all forward-looking statements are subject to other risks detailed in our Annual Report on Form 10-K for the year ended December 31, 2015 and Quarterly Report on Form 10-Q for the quarter ended September 30, 2016. 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 we undertake no obligation to revise or update this news release to reflect events or circumstances after the date hereof. Introduction

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Pompe Disease Overview Pompe Phase 1/2 Study ATB200-02 Preliminary Data Severe, Fatal, Genetic Disorder with Significant Unmet Medical Need Deficiency of acid alpha-glucosidase (GAA) leading to glycogen accumulation Age of onset ranges from infancy to adulthood Symptoms include muscle weakness, respiratory failure, and cardiomyopathy Respiratory and cardiac failure are leading causes of morbidity and mortality 5,000 – 10,000 patients diagnosed WW1 ~$800M+ Global Pompe ERT sales in FY152 1. National Institute of Neurological Disorders and Stroke (NIH). 2. Sanofi Press Release & 10-K

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Pompe ERT - 3 Challenges Pompe Phase 1/2 Study ATB200-02 Preliminary Data 4 Activity/ Stability Rapid denaturation of ERT in pH of blood1 Tolerability / Immunogenicity Infusion-associated reactions in >50% of late-onset patients3 Uptake/ Targeting Low M6P receptor uptake into skeletal muscle2 Antibody titers shown to affect treatment outcomes4,5 Vast majority of rhGAA not delivered to lysosomes2 Protein Aggregation 1Khanna et al., PLoS ONE, 2012; 2Zhu et al., Amer. Soc. Gene Therapy, 2009 June; 3Banati et al., Muscle Nerve, 2011 Dec.; 4Banugaria et al., Gen. Med., 2011 Aug.; 5de Vries et al., Mol Genet Metab., 2010 Dec. Amicus Technology Platforms with Potential to Address Challenges with Existing Pompe ERT Uniquely Engineered rhGAA Optimized M6P & Carbohydrates

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Study Design Pompe Phase 1/2 Study ATB200-02 Preliminary Data 5 Stage 2 (Multiple Ascending Dose) ATB200 20mg/kg + AT2221 (Low Dose) ATB200 20mg/kg + AT2221 (High Dose) ATB200 5 mg/kg Stage 1 (Single Ascending Dose) Single Dose ATB200 Every Other Week Fixed Dose ATB200 + Chaperone (AT2221) Every Other Week Long-Term Extension Fixed Dose ATB200 + Chaperone (AT2221) Every Other Week Assessments: Plasma PK (Enzyme Activity & Total protein) Safety/Tolerability Antibodies Infusion-Associated Reactions Pharmacodynamics Efficacy (Long-Term Extension) ATB200 20 mg/kg ATB200 10 mg/kg Phase 1/2 Clinical Study to Evaluate Safety, Tolerability, Pharmacokinetics (PK), and Pharmacodynamics (PD) of ATB200/AT2221 Week 2 Week 4 Week 6 Weeks 14, 16, 18 Weeks 8, 10, 12

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Baseline Characteristics (n=8*) Baseline Characteristics ATB200-02 (N= 8) Time on Lumizyme® – mean years (SD) 5.41 (0.991) Age – mean years (range) 49.8 (42 , 59) Sex M/F % 75/25 6MWT mean meters (SD) 377.5 (96.12) FVC Upright mean % predicted (SD) 50.6 (14.43) Pompe Phase 1/2 Study ATB200-02 Preliminary Data 6 ERT Switch patients mean 5.4 yrs on Lumizyme® *N = 8 from Cohort 1 (Ambulatory ERT-Switch) through interim data analysis (maximum 24 weeks) Initial ERT-Switch Patients are Representative of Pompe Population with Mean 5.4 Years on Myozyme/Lumizyme

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Safety Summary (n=9*) No Serious Adverse Events (SAEs) AEs were generally mild and transient: AEs reported in 6/9 (67%) patients Treatment-related AEs reported in 2/9 (22%) patients Headache, acne and nausea Safety Steering Committee reviewed initial safety data No infusion-associated reactions reported after 100+ total infusions in all patients Pompe Phase 1/2 Study ATB200-02 Preliminary Data 7 Preliminary Safety Data for ATB200/AT2221 in Initial Patients Showed No Infusion-Associated Reactions Following 100+ Infusions *N = 8 from Cohort 1 (Ambulatory ERT-Switch), 1 from Cohort 2 (Non-Ambulatory ERT-Switch) through interim data analysis (maximum 24 weeks)

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Pharmacokinetics at Week 14: Plasma Exposure (n=4)* Pompe Phase 1/2 Study ATB200-02 Preliminary Data Treatment Mean AUC0-∞ (hr* g/ml) Mean Clearance (L/hr) 5 mg/kg 215 1.97 10 mg/kg 589 1.45 20 mg/kg 1547 1.11 ATB200 Clinical PK Profile as Predicted Based on Preclinical Studies with Greater than Dose Proportional Increases in Exposure that were Enhanced by AT2221 Treatment Mean AUC0-∞ (hr* g/ml) Mean Clearance (L/hr) 20 mg/kg 1547 1.11 +low dose AT2221 1676 1.03 +high dose AT2221 1945 0.90 *N = 4 from Cohort 1 (Ambulatory ERT-Switch) 8 Mean GAA Total Protein (n=4) 5, 10, 20 mg/kg ATB200 Alone Mean GAA Total Protein (n=4) 20 mg/kg ATB200 + AT2221 20 mg/KG 5 mg/KG 10 mg/KG 20 mg/KG 20 mg/KG + high dose AT2221 20 mg/KG + low dose AT2221

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Muscle Damage Biomarkers at Week 14 (n=4)* Two patients showed early trend toward improvement in all three biomarkers 44%, 28%, 34% reduction in CK, AST, ALT respectively 31%, 22%, 11% reduction in CK, AST, ALT respectively Two patients remained stable After Switching from Lumizyme to ATB200/AT2221, Muscle Damage Biomarkers (CK, AST, ALT) Trended Toward Early Improvement in Two Patients and Were Stable in the Other Two Patients Pompe Phase 1/2 Study ATB200-02 Preliminary Data *N = 4 from Cohort 1 (Ambulatory ERT-Switch) Elevated creatine kinase (CK), alanine aminotransferase (ALT), and aspartate aminotransferase (AST) are indicators of damage to muscle tissue

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Preliminary Data Summary Safety (n=9)* No serious adverse events (SAEs) AEs were generally mild and transient Tolerability No infusion-associated reactions following 100+ infusions in all patients enrolled to date PK (n=4)** Clinical PK profile as predicted consistent with previously reported preclinical data ATB200 plasma clearance rate suggests optimized carbohydrate structure provides efficient uptake into tissues ATB200 alone showed greater than dose-proportional increases in exposure, which was further enhanced with AT2221 Muscle damage biomarkers (CK, AST, ALT) (n=4) Early trend to improvement in 2 patients and stable in 2 patients Immunogenicity (n=4) All patients had anti-rhGAA antibodies at baseline which remained generally stable Cytokines remained low and stable during infusions Pompe Phase 1/2 Study ATB200-02 Preliminary Data 10 ATB200/AT2221 Demonstrates Promising Preliminary Results in First ERT-Switch Patients at the Targeted Therapeutics Dose *N = 8 from Cohort 1 (Ambulatory ERT-Switch) and 1 from Cohort 1 (Non-Ambulatory ERT-Switch); through interim data analysis (maximum 24 weeks) **N = 4 from Cohort 1

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Current Status and Next Steps Pompe Phase 1/2 Study ATB200-02 Preliminary Data Enrollment Near Complete with Manufacturing Scale Up Underway to Support Phase 3/Commercial CURRENT STATUS Enrollment near complete Manufacturing underway to 1000L scale NEXT STEPS Additional Cohort 1 and preclinical data at WORLDSymposium™ Complete data cascade in 2017 11

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Pompe Clinical Study ATB200-02 Data Cascade Novel ERT for Pompe Disease – ATB200 + Chaperone 12 Additional data & initial extension data in Cohort 1 Data in non-ambulatory ERT-switch patients (Cohort 3) End of Phase 2 Meeting A Cascade of Additional Data Points During 2017 to Culminate in Proof-of-Concept Pompe Milestones in 2017 Data in ERT-naïve patients (Cohort 2) Additional extension study data (all Cohorts) 18-WEEK DATA Safety / tolerability Pharmacokinetics (PK) Biomarkers Immunogenicity EXTENSION DATA Motor/pulmonary function

 


Thank You

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Exhibit 99.2

 

 

Amicus Therapeutics Announces Positive Preliminary Data from Phase 1/2 Study of Novel Treatment Paradigm for Pompe Disease

 

ATB200/AT2221 Safety Data Show No Infusion-Associated

Reactions Following 100+ Infusions

 

Clinical Pharmacokinetic (PK) Profile as Predicted Based on

Previously Reported Preclinical Data

 

Biomarkers of Muscle Damage are Generally Stable

or Trending Towards Improvement

 

Conference Call at 8:30am ET

 

CRANBURY, NJ, December 8, 2016 — Amicus Therapeutics (Nasdaq: FOLD), a global biotechnology company at the forefront of rare and orphan diseases, today announced positive preliminary data from a global Phase 1/2 study (ATB200-02) to investigate ATB200/AT2221. ATB200/AT2221 is a novel treatment paradigm that consists of ATB200, a unique recombinant human acid alpha-glucosidase (rhGAA) enzyme with optimized carbohydrate structures, particularly mannose-6 phosphate (M6P), to enhance uptake, co-administered with AT2221, a pharmacological chaperone.

 

ATB200-02 Study — Design and Objectives

 

·                  Primary objectives: to evaluate safety, tolerability, pharmacokinetics (PK), and pharmacodynamics (PD) of ATB200/AT2221

·                  Study duration: 18-week primary treatment period with all patients eligible for a long-term extension

·                  Patient cohorts: ambulatory ERT-switch patients (Cohort 1), non-ambulatory ERT-switch patients (Cohort 2) and ERT-naïve patients (Cohort 3). Enrolling up to ~20 total patients across all cohorts.

·                  Preliminary data now available:

 

·                  Safety data for nine patients through interim data analysis (maximum 24 weeks)

·                  PK and PD (muscle biomarker) data through Week 14 for four patients in Cohort 1

 

ATB200-02 Study - Preliminary Data Highlights in Initial ERT-Switch Patients

 

·                  ATB200/AT2221 safety measures (n=9) showed:

 

·                  No serious adverse events (SAEs)

·                  AEs were generally mild and transient

 

·                  To date, ATB200/AT2221 has shown no infusion-associated reactions following 100+ infusions

 

·                  Clinical PK profile through Week 14 was as predicted based on previously reported preclinical data (n=4).

 

·                  ATB200 plasma clearance suggests optimized carbohydrate structure provides efficient uptake into tissues

·                  ATB200 alone showed greater than dose-proportional increases in exposure, which was further enhanced with the addition of the chaperone AT2221

 

·                  Biomarkers of muscle damage were trending toward improvement or stable through Week 14 (n=4)

 



 

·                  Biomarkers of muscle damage (creatine kinase (CK) enzyme, alanine aminotransferase (ALT), and aspartate aminotransferase (AST)) in the initial four ERT-switch patients showed early trends toward improvement in two patients and were stable in the other two patients.

 

“We set out on this journey in Pompe disease at Amicus with the intent to develop a new treatment paradigm,” said John F. Crowley, Chairman and Chief Executive Officer of Amicus Therapeutics, Inc. “These preliminary results, while still early, give us greater confidence that we are developing a drug regimen that may be highly differentiated from any other approach. Even at this interim analysis, it is very encouraging to see no infusion-associated reactions in these initial patients, as well as the desired PK profile and improvements in key muscle damage biomarkers in two of four patients. We have much more work to do to generate additional important data in the months ahead but this is an excellent foundation for this program and for persons living with this devastating disorder.”

 

Barry Byrne, M.D., Ph.D., Professor, Pediatrics and Molecular Genetics & Microbiology and Director, University of Florida Powell Center, stated, “As a lead investigator in the ATB200-02 study, I have had a positive initial experience with the novel Amicus treatment regimen for Pompe. Elevated levels of CK, ALT and AST indicate damage to muscle tissue in patients with Pompe disease. A reduction in markers of muscle damage, such as CK, ALT, and AST in patients with Pompe disease is very encouraging, especially with favorable safety and tolerability. If these positive trends continue, ATB200/AT2221 may help to address the significant unmet need among Pompe patients. I look forward to seeing additional data from this clinical study.”

 

Conference Call and Webcast

 

Amicus Therapeutics will host a conference call and webcast today, December 8, 2016 at 8:30 a.m. ET. Interested participants and investors may access the conference call by dialing 877-303-5859 (U.S./Canada) or 678-224-7784 (international). The slide presentation to accompany this conference call and webcast will be available at http://ir.amicusrx.com/events.cfm.

 

An audio webcast can also be accessed via the Investors section of the Amicus Therapeutics corporate web site at http://ir.amicusrx.com/events.cfm, and will be archived for 30 days. Web participants are encouraged to go to the web site 15 minutes prior to the start of the call to register, download and install any necessary software. A telephonic replay of the call will be available for seven days beginning at 11:30 a.m. ET today. Access numbers for this replay are 855-859-2056 (U.S./Canada) and 404-537-3406 (international); participant code 34348280.

 

About ATB200/AT2221

 

ATB200/AT2221 is a novel treatment paradigm that consists of ATB200, a unique recombinant human acid alpha-glucosidase (rhGAA) enzyme with optimized carbohydrate structures, particularly mannose-6 phosphate (M6P), to enhance uptake, co-administered with AT2221, a pharmacological chaperone. In preclinical studies, ATB200 was associated with increased tissue enzyme levels and reduced glycogen levels in muscle, which was further improved when AT2221 was co-administered with ATB200. Amicus Therapeutics is currently conducting a global Phase 1/2 study (ATB200-02) to evaluate the safety, tolerability, pharmacokinetics (PK) and pharmacodynamics of ATB200/AT2221.

 

About Pompe Disease

 

Pompe disease is an inherited lysosomal storage disorder caused by deficiency of an enzyme called acid alpha-glucosidase (GAA). Reduced or absent levels of GAA lead to the accumulation of the substrate glycogen in the lysosomes of muscles and other tissues. Progressive accumulation of glycogen is believed to lead to the morbidity and mortality associated with Pompe disease, including muscle weakness and respiratory insufficiency.

 

About Amicus Therapeutics

 

Amicus Therapeutics (Nasdaq: FOLD) is a global biotechnology company at the forefront of therapies for rare and orphan diseases. The Company has a robust pipeline of advanced therapies for a broad range of human genetic diseases. Amicus’ lead programs in development include the small molecule pharmacological chaperone migalastat as a monotherapy for Fabry disease, SD-101 for Epidermolysis Bullosa (EB), as well as novel enzyme replacement therapy (ERT) and biologic products for Fabry disease, Pompe disease, and other rare and devastating diseases.

 

Forward-Looking Statements

 

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 relating to preclinical and clinical development of our product candidates, the timing and reporting of results from preclinical studies and clinical trials, the prospects and timing of the potential regulatory approval of our product candidates, commercialization plans, financing plans, and the projected cash position for the Company. In particular, this press release relates to the preliminary data from a global Phase 1/2 study (ATB200-02) to investigate ATB200/AT2221. The inclusion of forward-looking statements arising from this preliminary data and study should not be regarded as a representation by us that any of our plans will be achieved. Any or all of the forward-looking statements in this press release may turn out to be wrong and can be affected by inaccurate assumptions we might make or by known or unknown risks and uncertainties. For example, with respect to statements regarding the goals, progress, timing, and outcomes of

 



 

discussions with regulatory authorities, and in particular the potential goals, progress, timing, and results of preclinical studies and clinical trials, actual results may differ materially from those set forth in this release due to the risks and uncertainties inherent in our business, including, without limitation: the potential that results of clinical or preclinical studies indicate that the product candidates are unsafe or ineffective; the potential that it may be difficult to enroll patients in our clinical trials; the potential that regulatory authorities, including the FDA, EMA, and PMDA, may not grant or may delay approval for our product candidates; the potential that we may not be successful in commercializing Galafold in Europe or our other product candidates if and when approved; the potential that preclinical and clinical studies could be delayed because we identify serious side effects or other safety issues; and the potential that we will need additional funding to complete all of our studies. Further, the results of earlier preclinical studies and/or clinical trials may not be predictive of future results. The preliminary data and Phase 1/2 study discussed herein is inherently preliminary and early in the study, derived from a limited patient set, and later trial results with this patient set or others may not be consistent with these preliminary results. With respect to statements regarding projections of the Company’s cash position, actual results may differ based on market factors and the Company’s ability to execute its operational and budget plans. In addition, all forward-looking statements are subject to other risks detailed in our Annual Report on Form 10-K for the year ended December 31, 2015 and Quarterly Report on Form 10-Q for the quarter ended September 30, 2016. 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 we undertake no obligation to revise or update this news release to reflect events or circumstances after the date hereof.

 

CONTACTS:

 

Investors/Media:

Amicus Therapeutics

Sara Pellegrino

Senior Director, Investor Relations

spellegrino@amicusrx.com

(609) 662-5044

 

Media:

MWW PR

Sid Dinsay

sdinsay@mww.com

(646) 381-9017

 

 

FOLD–G