Company’s Lead Drug Candidate Also Shown To Be Safe and Well Tolerated
Solana Beach, Calif., February 7, 2019 – Sublimity Therapeutics, a specialty pharmaceutical company focused on the treatment of gastrointestinal and immunological diseases, today announced the presentation of data suggesting that the company’s lead drug candidate, ST-0529, may provide enchanced efficacy and improved tolerance compared to currently available cyclosporine formulations. The data is being presented in a poster entitled “Targeted Release Oral Cyclosporine Formulation as a Potential New Therapy for Ulcerative Colitis” at the 2019 Crohn’s & Colitis Congress in Las Vegas. The conference begins today and ends Feb. 9.
The presenting author is world-renowned gastroenterologist, Jean-Frederic Colombel, M.D., Professor of Medicine at the the Icahn School of Medicine at Mount Sinai, Director of the Leona M. and Harry B. Helmsley Charitable Trust Inflammatory Bowel Disease (IBD) Center and Director of the Susan and Leonard Feinstein IBD Center.
ST-0529 (formerly “CyCol®”) is a cyclosporine-based therapy administered via Sublimity’s proprietary, oral drug delivery technology platform, the Single-Multiple Pill (SmPill®). As systemic risks have limited the use of conventional injected and oral cyclosporine, ST-0529 allows for optimized local, topical treatment of gastrointestinal diseases while minimizing systemic absorption.
Poster Presentation Details
Poster number: P053
Date and time: Thursday, Feb. 7, 7:15 – 8:30 p.m. PST
Presenting author: Jean-Frederic Colombel, M.D.
Additional details are available on the Sublimity Theapeutics website at
https://www.sublimitytherapeutics.com/news-events/ beginning on Thursday, Feb. 7.
About Ulcerative Colitis
It is estimated that ulcerative colitis affects approximately 1.7 million patients in North America, Europe and other developed countries. The moderate to severe patient segment represents the fastest growing market segment, with double-digit annual growth. The mainstays of treatment for this disease are anti-TNFs; however, these drugs are limited by their toxicities and safety liabilities. A large portion of patients are either unresponsive to initial front-line anti-TNF therapy or become refractory to treatment within the first year. Despite the introduction of new medicines, these patients still have significant unmet medical needs.
About Sublimity Therapeutics
Sublimity Therapeutics, a specialty pharma company with offices in Dublin, Ireland, and Solana Beach, California, is a clinical-stage biotechnology company dedicated to identifying and creating meaningful new therapies for unmet clinical needs in gastrointestinal and immunological diseases. Led by a team of industry innovators and leveraging our Single-Multiple Pill (SmPill®) technology, we are advancing a diverse pipeline of oral small molecules and peptides that have the potential to make important contributions to human health.
Sublimity’s proprietary SmPill® technology is a versatile delivery system for solubilizing active therapeutic agents that are otherwise poorly soluble due to their molecular properties. This process involves hydrophobic and hydrophilic phases to reconstitute the active pharmaceutical ingredients (APIs) as polymer-coated minispheres that control the drug release profile and protect the API from degradation. This technology has broad applications for drugs with poor solubility, poor gastrointestinal permeability, a propensity for degradation in the stomach and by heat, or drugs with suboptimal pharmacokinetics. It also provides an avenue to deliver API directly to the gut with a targeted, local approach.
In addition to the CYC-202 study, Sublimity is moving forward with two new treatment programs for gastrointestinal disease.
About Dr. Falk Pharma GmbH
Dr. Falk Pharma GmbH is one of the leading companies worldwide in gastroenterology with its products being sold in more than 60 countries. Its pharmaceuticals are used successfully to treat inflammatory bowel disease, cholestatic liver disease, irritable bowel syndrome, constipation, and for colon cleansing prior to colonoscopies. The Falk Foundation, which is associated with the company, provides medical information via international symposia, forums, postgraduate courses and literature services. Over the past 45 years the Falk Foundation has sponsored more than 200 international Falk symposia and workshops in which over 100,000 researchers and physicians from 110 countries have come together to advance knowledge in gastroenterology and hepatology.
This press release contains forward-looking statements. Such forward-looking statements involve substantial risks and uncertainties. We have tried, wherever possible, to identify such statements by using words such as “will,” “may,” “could,” “likely,” “ongoing,” “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “target,” “forecast,” “goal,” “objective,” “aim” and other words and terms of similar meaning or by using future dates in connection with any discussion thereof. In particular, statements, express or implied, concerning future actions, conditions or events, future operating results, including, but not limited to, the potential medical benefits of ST-0529, the perceived potential opportunity in the ulcerative colitis market for an oral alternative, the intended launch of the Phase 2b clinical trial and the success of such clinical trial and the launch and success of any future clinical trials, the ability to obtain required regulatory approval for ST-0529, and risks related Sublimity meeting some or all of the milestones required to be met for future funding by investors, are forward-looking statements. We cannot guarantee that any forward-looking statement will be realized, although we believe we have been prudent in our plans and assumptions. Achievement of anticipated results is subject to substantial risks, uncertainties and inaccurate assumptions. Should known or unknown risks or uncertainties materialize, or should underlying assumptions prove inaccurate, actual results could vary materially from past results and those anticipated, estimated or projected. You should bear this in mind as you consider forward-looking statements, and you are cautioned not to put undue reliance on forward-looking statements. Sublimity undertakes no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
President & CEO
Russo Partners LLC