The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Kazia Therapeutics (ASX: KZA) was up more than 50 per cent this morning after sharing interim data from its brain cancer study
  • The results were presented at the Society for Neruo-Oncology in Arizona
  • Eight of the patients who participated in stage one displayed a progression-free survival of 8.4 months
  • The company is now continuing to enrol patients for phase two with data expected by early 2020
  • Kazia is now up 48.9 per cent with shares trading for 65.5 cents apiece

Kazia Therapeutics was up more than 50 per cent after sharing interim data from the ongoing phase II study of GDC-0084 in glioblastoma.

This data was the subject of a poster presentation at the annual meeting of the Society for Neuro-Oncology (SNO) held in Phoenix, Arizona from November 20-24, 2019.

Nine patients participated in stage 1 of the study, of which eight were available for efficacy.

Progression-free survival (PFS) in the group was determined to be 8.4 months, while the existing standard of care, temozolomide, has a reported PFS of around 5.3 months.

However, the overall survival rate (OS) could not be calculated with 75 per cent of evaluable patients still alive at the cut-off date for analysis.

These results prove a strong signal that GDC-0084 may provide clinical benefit in treating glioblastoma.

Glioblastoma is the most common and most aggressive type of brain tumours amongst adults.

It forms from star-shaped cells in the brain called astrocytes and usually starts in the cerebrum – the largest part of the brain.

Glioblastoma tumours make their own blood supply which helps them grow and easier to invade normal blood tissue.

The safety of GDC-0084 was also broadly consistent with prior experience in raised blood sugar, mouth ulcers and a rash among the most common drug-related toxicities.

“We see a clear signal that GDC-0084 is providing clinical benefit in this group of patients,” Kazia CEO Dr James Garner commented.

“Although it has not yet been possible to calculate overall survival, the fact that the majority of patients in the first stage of the study remain alive more than a year after diagnosis suggest that a meaningful OS benefit may emerge as the study matures,” he said.

GDC-0084 is Kazia’s novel targeted therapy that modulates the PI3K pathway.

The PI3K (phosphoinositide-3-kinase) pathway is one of the central control mechanisms for cells in the human body.

Kazia’s drug has been shown to have anti-tumour effects and is different due to its ability to cross the blood-brain barriers which prevents many drugs from fully affecting brain tissue.

“There is an urgent need for new therapies in glioblastoma. GDC-0084 has the potential to be an important new addition to the treatment of the very challenging disease,” Professor Patrick Wen, lead author on the poster presentation commented.

Stage two of the study is continuing to enrol patients and further data is expected in early 2020.

Additionally, GDC-0084 is also the subject of four other ongoing clinical trials in DIPG (diffuse inartistic pontine glioma) and brain metastases (cancer cells). Interim data is also expected to be received during early 2020.

Given the planned early results, Kazia intends to speed up activities to initiate a pivotal study for registration in calendar 2020 and will make more detailed plans public when possible.

Kazia is now up 48.9 per cent with shares trading for 65.5 cents apiece at 11:45 am AEDT.

KZA by the numbers
More From The Market Online

Inoviq closes the gap on blood test results for ovarian cancer

INOVIQ has announced encouraging blood test identification results for ovarian cancer – cancer-positive tests saw a…

Paradigm Biopharma on track to US Phase III osteo program

Paradigm Biopharma has announced its completion of a submission to the US FDA to progress to…

Firebrick Pharma’s US launch of Nasal Spray is nothing to be sneezed at

Australian pharmaceutical developer, Firebrick Pharma (ASX:FRE) has launched its latest product, Nasodine Nasal Spray, in the…