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Thursday, 06/13/2019 1:06:10 PM

Thursday, June 13, 2019 1:06:10 PM

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Latest transcript:
Investment Highlights

A rare disease focused clinical stage biopharmaceutical company with a pipeline of novel product candidates that are intended
to address unmet need in a variety of metabolic diseases

ZGN 1061 for type 2 diabetes with concomitant obesity and/or NASH

Diabetes market evolving towards therapies with enhanced A1C lowering efficacy and positive effects on common co morbidities (ob esity/NAFLD)

Phase 2 proof of concept trial demonstrated significant A1C lowering efficacy and weight loss, with a safety and tolerability pr ofile generally
comparable to placebo

Nonclinical ZGN 1061 studies have demonstrated significant NASH model efficacy, and complementary efficacy in combination with a GLP 1

Next milestone: Update on development plans by end of 3Q 2019

ZGN 1258 for rare metabolic diseases, including Prader Willi syndrome

Prader Willi syndrome is a rare, lethal disease emerging in childhood, with ~200,000 afflicted worldwide; no current therapeutic options available

Development plans suspended due to unexpected finding in long term toxicology studies

ZGN 1345 for metabolic liver disease

Multiple metabolic related liver diseases exist with high unmet medical need, from NAFLD/NASH to hepatocellular carcinoma

Compound is an orally dosed MetAP2i with high liver concentrations but minimal to no detectable systemic exposure; once daily do sing expected

Named as development candidate 4Q 2018; nonclinical development work underway

March 31, 2019 cash position of $105M; runway expected to extend through at least 2020
ZGN
1061 Next Steps

Reviewing comprehensive data sets with diabetes/NASH KOLs and potential partners

Important progress made toward addressing the FDA Clinical Hold:

Received FDA Type A meeting minutes to previously announced clinical hold

FDA acknowledged newly developed in vitro assays of human plasma coagulation and tissue factor expression qualitatively
differentiate ZGN 1061

Working with FDA to translate in vitro data and confirm relevant safety margins in an in vivo model

Exploring a second IND in a population with higher unmet medical need

Company expects to provide an update on development plans by end of 3Q 2019

Submitting abstracts to present full results of the Phase 2 clinical trial at upcoming medical meetings in 2019
ZGN
1258 Summary

Unexpected finding observed in long term toxicology studies

Degeneration and other anomalies in muscle tissue from 4 and 6 month rodent studies

Observed in different degrees in both vehicle and all dose arms; finding more pronounced at higher doses

Finding never observed previously, specific to ZGN 1258

Not seen in prior ZGN 1258 rodent studies

Not seen in any other species with ZGN 1258

Not seen in any other Zafgen MetAP2i program in any long term toxicology study

Plan to file an IND suspended while finding is investigated

Company will provide an update at a later time, if warranted, following further evaluation
PWS Commitment Continues

PATH for PWS natural history study collaboration continues

Study being conducted in collaboration with the Foundation for
Prader Willi Research (FPWR) and National Organization for Rare
Disorders (NORD)

PATH for PWS designed as 4 year / 500 participant non interventional
natural history study

Enrollment kicked off at FPWR annual conference in October; >400
enrolled as of March 2019
ZGN
1345 Oral, Liver Focused MetAP2 Inhibitor

ZGN 1345 advanced to development candidate status in 4Q 2018

Orally dosed MetAP2i; expected once daily dosing

High concentrations in the liver; minimal to no detectable exposure systemically

High MetAP2 levels strongly correlated with more severe outcomes in advanced liver disease

Positive early data in multiple nonclinical liver disease models with high unmet medical need; further nonclinical
studies ongoing
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