Press Releases Amarantus Forms Subsidiaries "Elto

New Post Public Reply Private Reply Replies (2) Message Board
bms
663
Press Releases

Amarantus Forms Subsidiaries "Elto Pharma" to Focus on CNS Disorders and "MANF Therapeutics" to Focus on Ophthalmology

Download as PDF
APRIL 17, 2017
SAN FRANCISCO, April 17, 2017 /PRNewswire/ --

Eltoprazine has successfully completed proof-of-concept Phase 2 human clinical studies in Adult ADHD, Alzheimer's Aggression and Parkinson's LID
Elto Pharma to complete portfolio review of indication priorities in preparation for independent fundraising and continued clinical development
MANF has received Orphan Drug Designations from the FDA in Retinitis Pigmentosa and Retinal Artery Occlusion
MANF Therapeutics to evaluate strategic options to complete Investigational New Drug (IND) enabling pre-clinical studies ahead of a first-in-man clinical trial
Amarantus Bioscience Holdings, Inc. (OTCPK: AMBS), a US-headquartered biotechnology company focused on developing products for Regenerative Medicine, Neurology and Orphan Diseases, today announced that it has formed a wholly-owned subsidiary named Elto Pharma, Inc. for the purpose of creating investment vehicles focused exclusively on the further development of Eltoprazine, Amarantus' mid-stage central nervous system (CNS) symptomatic treatment for Adult Attention Deficit and Hyperactivity Disorder (Adult ADHD), Alzheimer's Aggression and Parkinson's disease Levodopa-induced Dyskinesia (PD-LID). Concurrently, Amarantus has formed the wholly-owned subsidiary MANF Therapeutics, Inc. for the purpose of the continued pre-clinical development of the internally discovered MANF program in development for the treatment of ophthalmological disorders, including the orphan indications retinitis pigmentosa (RP) and retinal artery occlusion (RAO), in addition to Glaucoma and Parkinson's disease. The Company's PhenoGuard protein discovery engine that led to MANF's discovery will also be an asset of MANF Therapeutics.

XPress Group International (XPress) invested $100,000 in Amarantus to facilitate these activities, and the continued development of Amarantus' strategic restructuring plan. The $100,000 XPress investment was provided on substantially the same terms as the secured convertible note previously issued to XPress in November 2016 (described here on Form 8-K: https://www.otcmarkets.com/edgar/GetFilingHtm...=11675536). Heng Fai Chan, the controlling shareholder of Amarantus, is the sole shareholder of XPress.

Eltoprazine has completed Phase 2 clinical studies in Adult ADHD, Alzheimer's Aggression and PD-LID. A brief summary of the data in each indication is below. Going forward, Elto Pharma will conduct an analysis of the competitive landscape, commercial opportunity and investor appetite for each indication ahead of selecting the lead indication to pursue for further funding and renewed clinical development.

MANF has completed safety and efficacy animal proof of concept studies in RP, RAO, Glaucoma and Parkinson's disease. A brief summary of the data in each indication is provided below. Going forward MANF Therapeutics will be focused on the most attractive source of funding to complete cGMP manufacturing for human grade MANF to initiate clinical trials, as well as other IND-enabling studies.

Eltoprazine Trial Data in Adult ADHD, Alzheimer's Aggression and PD-LID

Adult Attention Deficit and Hyperactivity Disorder

The Phase 2 human clinical trial demonstrated that at both 5mg and 10 mg, the study met its Primary endpoint as measured by change from baseline in ADHD-RS-IV score in 5mg (p=0.003) and 10mg (p=0.037) doses which were statistically significantly superior to placebo with approximately 25% greater efficacy compared to placebo. Total ADHD-RS-IV scores improved by 13.6, 17.9 and 17.4 points from baseline for placebo, 5mg and 10mg of Eltoprazine, respectively. Inattention, Hyperactivity, and Impulsivity ADHD-RS-IV subscales were also analyzed.

For the Inattention subscale, both 5mg and 10mg groups showed a statistically significant benefit over placebo (0.003 and 0.039, respectively).
For the Hyperactivity subscale, the 5mg dose showed a statistically significant benefit in favor of Eltorprazine treatment compared to placebo (p=0.008); the 10mg dose was superior to placebo, however the difference was not statistically significant (p=0.130).
For the Impulsivity subscale, no significant benefit was observed for either drug dose compared to placebo.
Both 5mg and 10mg demonstrated significantly greater improvement over placebo for CGI-I scores (p=0.023 and 0.004, respectively).
The percentage of subjects who were considered improved by the investigator was 57.9% for placebo, 68.4% for 5mg, and 81.1% for 10mg. The percentage difference was significant between 10mg and placebo (0.029), but it was not between 5mg and placebo (p=0.342).
A link to the press release announcing the Phase 2 data is provided here: http://www.prnewswire.com/news-releases/amara...82091.html

Alzheimer's Aggression

The data for Eltoprazine demonstrate a significant improvement in eltoprazine-treated patients in the severely aggressive eltoprazine-treated population (25.1 to 16.9) versus placebo (22.5 to 21.5), p<0.05 as measured by the Social Dysfunction and Aggression Scale at the end of the four week treatment regimen, which followed a washout from previous psychoactive treatments and a 3-week placebo-lead-in period. A link to the press release announcing the AD Aggression clinical data is provided here: http://www.amarantus.com/news/press-releases/...ltoprazine

Parkinson's Levodopa-induced Dyskinesia

The Eltoprazine study in 22 subjects with long standing PD-LID was a randomized, four-way crossover design in which patients received a single dose of placebo and eltoprazine, at 2.5, 5 and 7.5 mg, in combination with a challenge dose of levodopa (1.5 times usual dose), on four different days, separated by an interval of a week. Data from the study demonstrated that eltoprazine significantly reduced peak dose dyskinesia at both the 5 (p<0.05) and 7.5 mg (p<0.05) doses using the Combined Dyskinesia Rating Scale. The 5 mg dose also showed a significant anti-dyskinetic effect on other measures of dyskinesia, including the Rush dyskinesia rating scale. Importantly, there were no adverse effects on levodopa efficacy at any dose level as evidenced by United Parkinson's Disease Rating Scale (UPDRS Part III) observation. Additionally, all dose levels of eltoprazine were well tolerated with no major adverse effects reported.

A link to the publication of the PD LID clinical data is provided here:

https://academic.oup.com/brain/article/138/4/...yskinesias

MANF Preclinical Data in RP, RAO, Glaucoma and Parkinson's

Retinitis Pigmentosa

MANF has demonstrated positive pre-clinical data in a number of models of retinitis pigmentosa including, a chronic degenerative genetic disorder. The data demonstrates that MANF has the ability to protect rods and cones, as well as improve visual acuity via improvement in cellular electrical signaling.

S334ter model (University of Miami)
Rd1 model (Buck Institute on Aging)
CRX model (Buck Institute on Aging)
Light-induced damage model (EyeCRO)
Retinal Artery Occlusion and Glaucoma

MANF has demonstrated the ability to protect rods, cones and retinal ganglion cells in acute injury models, including ischemia/reperfusion models, consistent with data in other ischemia-related indications (such as cardiovascular ischemia and cerebral ischemia).

Retinal Ischemia model (Iris Pharma)
Electronography b-wave amplitude increases
Parkinson's disease

MANF has demonstrated the ability to protect and restore the function of dopaminergic neurons in various models of Parkinson's disease, as well as the ability to deliver the drug appropriately to the right location of the brain using Convection Enhanced Delivery.

6-OHDA (UCLA)
Pig distribution model (University of Bristol)
About Eltoprazine

Eltoprazine is a small molecule 5HT1A/1B partial agonist in clinical development for the treatment of Parkinson's disease levodopa-induced dyskinesia (PD-LID), adult attention deficit hyperactivity disorder (ADHD) and Alzheimer's aggression. Eltoprazine has been evaluated in over 680 human subjects to date, and has a well-established safety profile. Eltoprazine was originally developed by Solvay Pharmaceuticals for the treatment of aggression. The Eltoprazine program was out-licensed to PsychoGenics by Solvay. PsychoGenics licensed Eltoprazine to Amarantus following successful proof-of-concept trials in PD-LID and adult ADHD.

About Mesencephalic Astrocyte-derived Neurotrophic Factor (MANF)

MANF (mesencephalic astrocyte-derived neurotrophic factor) is believed to have broad potential because it is a naturally-occurring protein produced by the body for the purpose of reducing and preventing apoptosis (cell death) in response to injury or disease, via the unfolded protein response. By manufacturing MANF and administering it to the body, Amarantus is seeking to use a regenerative medicine approach to assist the body with higher quantities of MANF when needed. Amarantus is the front-runner and primary holder of intellectual property around MANF, and is initially focusing on the development of MANF-based protein therapeutics.

MANF's lead indication is retinitis pigmentosa, and additional indications including Parkinson's disease, diabetes and Wolfram's syndrome are currently pursued. Further applications for MANF may include Alzheimer's disease, traumatic brain injury, myocardial infarction, antibiotic-induced ototoxicity and certain other rare orphan diseases currently under evaluation.

About Amarantus BioScience Holdings, Inc.

Amarantus BioScience Holdings (AMBS) is a biotechnology company developing treatments and diagnostics for diseases in the areas of neurology, regenerative medicine and orphan diseases. AMBS acquired the rights to the Engineered Skin Substitute program (ESS), a regenerative medicine-based approach for treating severe burns with full-thickness autologous skin grown in tissue culture that is being pursued by AMBS' wholly-owned subsidiary Cutanogen Corporation. AMBS' wholly-owned subsidiary Elto Pharma, Inc. has development rights to eltoprazine, a Phase 2b-ready small molecule indicated for Parkinson's disease levodopa-induced dyskinesia, adult ADHD and Alzheimer's aggression. AMBS also owns key intellectual property rights, and has licenses from a number of prominent universities related to the development of the therapeutic protein known as mesencephalic astrocyte-derived neurotrophic factor (MANF) and is developing MANF-based products as treatments for brain and ophthalmic disorders. MANF was discovered by the Company's Chief Scientific Officer, John Commissiong, PhD. Dr. Commissiong discovered MANF from AMBS' proprietary discovery engine PhenoGuard. AMBS also a minority interest in Avant Diagnostics, Inc. via the sale of its wholly-owned subsidiary Amarantus Diagnostics, Inc. that occurred in May 2016.

For further information please visit http://www.Amarantus.com.

Forward-Looking Statements

Certain statements, other than purely historical information, including estimates, projections, statements relating to our business plans, objectives, and expected operating results, and the assumptions upon which those statements are based, are forward-looking statements. These forward-looking statements generally are identified by the words "believes," "project," "expects," "anticipates," "estimates," "intends," "strategy," "plan," "may," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties which may cause actual results to differ materially from the forward-looking statements. Our ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors which could have a material adverse effect on our operations and future prospects on a consolidated basis include, but are not limited to: changes in economic conditions, legislative/regulatory changes, availability of capital, interest rates, competition, and generally accepted accounting principles. These risks and uncertainties should also be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements.


Amarantus Investor and Media Contact:
Ascendant Partners, LLC
Fred Sommer
+1-732-410-9810
fred@ascendantpartnersllc.com
SOURCE Amarantus BioScience Holdings, Inc.

Released April 17, 2017

Amarantus Bioscience Holdings (AMBS) Stock Research Links

AMBS Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Balázs Nagy's Bold Move: Transforming AI Workforce

Updated Category News Views 1

New Horizons in AI: Balázs Nagy Leads There's always that one name that shakes things up, and today it's Balázs Nagy. The guy's not just playing in the AI sandbox; he's leveling the whole thing up with Project NoéMI. He's the big cheese at TheNewPush LLC, beyond just a job title. Nagy’s diving headfirst into AI workforce development in a world screaming for change....

Continue Reading
Battling Razor Bumps: Breaking a Persistent Cycle

Updated Category News Views 4

Understanding Razor Bumps: More Than a Cosmetic Annoyance Crossing Great Neck this morning, I stumbled across a curious release from Laser by Aleya. Apparently, the problem with those pesky razor bumps plaguing many isn't just skin-deep. For some, especially those with coarse or curly hair, each razor stroke starts a relentless cycle of irritation that's as grinding as...

Continue Reading
Epson & The Photo Managers Highlight Memories in Sept.

Updated Category News Views 8

A Focus on Memory Preservation I remember a time when you kept memories in photo albums, dusty boxes in basements. Now, folks aim to digitize those moments before they're lost forever. With September here, Epson and The Photo Managers are telling us it's time for action. And hey, the campaign’s got a catchy name, 'One Photo, One Story.' Simple, yet it urges us all to...

Continue Reading
Aurzen's ZIP Pro: A Mobile Cinema Revolution?

Updated Category News Views 3

Aurzen ZIP Pro: A Big Splash in Times Square In the bustling heart of Manhattan, the glitz and glam of Times Square will shine a bit brighter this Fall. Why? Because Aurzen's introducing their latest gadget, the ZIP Pro. It’s a tri-fold Full HD pocket projector that, frankly, is aiming to redefine portable viewing. Boasting the ability to unfurl an 80-inch...

Continue Reading
Aitan Raises $41M to Expand Robotic Warfare Tech

Updated Category News Views 6

Pioneering Sovereign Robotic Warfare The defense sector's landscape is shifting, and Aitan is driving a movement with their 'Robotic Sovereignty-as-a-Service'. Coming out of stealth with a hefty $41 million funding boost, this Israeli-American company is redefining modern warfare's playbook. In today's unpredictable world, traditional combat methods are becoming relics of...

Continue Reading
Behavioral Crisis Center Saves Mobile $101M Since 2021

Updated Category News Views 0

AltaPointe Saves Millions While Supporting Community Health Let's dig into this remarkable achievement by the AltaPointe Behavioral Health Crisis Center. Since opening its doors in May 2021, the Mobile, Alabama facility has notched up a mind-boggling $101.5 million in community savings. This isn’t merely about numbers on a ledger—it's about real human impact, better...

Continue Reading
Supercharged Entertainment's Big Bet in Ohio's Polaris

Updated Category News Views 0

Fasten your seatbelts, folks—because there's a tinge of burnt rubber in the air at Columbus's Polaris Center. Supercharged Entertainment, the big guns in indoor karting, just kicked off construction at their brand-new venue, and it’s looking like a gearhead's paradise. A sprawling 16-acre parcel is set to become a haven for adrenaline junkies come Summer 2027. A Bold...

Continue Reading
Intrigue Over Guadalupe River Property Bid

Updated Category News Views 1

Straight up, a chance like this doesn't float by every day. The Guadalupe River portfolio, with its mix of entertainment, hospitality, and commercial assets up for grabs in New Braunfels, Texas, is the talk of the investor town. If you've got deep pockets and a keen eye for opportunities, you're gonna want a piece of this pie before the September 22 bid deadline hits. The...

Continue Reading
U.S. GoldMining Eyes West Susitna Road Progress

Updated Category News Views 5

It's rare that infrastructure projects generate excitement, but U.S. GoldMining's nod to the West Susitna Access Project has the potential to shake things up in Alaska. On August 27, 2026, AIDEA greenlit a bold $25 million investment for geotechnical and engineering work, promising to bridge the Whistler Project with Southcentral Alaska's transport grid. Folks, we're...

Continue Reading
L.L.Bean Teams with Drake and Ann Michael Maye

Updated Category News Views 1

The New Faces of L.L.Bean's Tradition Ah, here we go again with L.L.Bean, spicing things up with a bit of southern flair. This time they've reeled in the Mayes—Drake, that hotshot quarterback from the Patriots, and his better half, Ann Michael. A surprise duo, sure, but that's the kind of refresh the century-old brand could use. They’re all about making New England...

Continue Reading

Top 5 Most Recently Viewed Articles

Investors Seek Justice in Metagenomi, Inc. Class Action Lawsuit

Updated Category News Views 45

Opportunity for Investors in Metagenomi, Inc. Securities Case Investors are presented with a significant opportunity as The Schall Law Firm steps forward to announce the initiation of a class action lawsuit against Metagenomi, Inc. (MGX). This action follows allegations of violations pertaining to federal securities laws made by the Company. Details on the Class Action...

Continue Reading
Latest Insights on Riksbank Certificate Auction Results

Updated Category News Views 229

A Closer Look at the Riksbank Certificate Auction The recent certificate auction conducted by the Riksbank has caught the attention of both investors and analysts. This event plays a vital role in managing liquidity and signaling the intentions behind monetary policy. The latest auction provided crucial figures that shed light on the current state of the economy. Overview...

Continue Reading
Understanding the Bullish Momentum Behind Meta Platforms

Updated Category News Views 104

Understanding the Bullish Momentum Behind Meta Platforms Meta Platforms (NASDAQ:META) has experienced an extraordinary surge in stock performance this year, yielding over 26% in total returns so far. This positive trajectory places it favorably among its peers in the Magnificent Seven, right behind NVIDIA’s impressive 30% climb. Such momentum can largely be attributed...

Continue Reading
Kamala Harris and Donald Trump in a Tight Race: Poll Insights

Updated Category News Views 78

Tight Race Between Candidates Revealed in Poll The latest polling data showcases an exciting contest in the presidential race. Vice President Kamala Harris holds a slight edge with 48% support from likely voters, while former President Donald Trump is close behind at 47%. This intense competition not only grabs attention but also highlights both candidates' distinctive...

Continue Reading
Rail Vision Unveils D.A.S.H. Platform, Elevating Rail Safety and Efficiency

Updated Category News Views 279

Rail Vision Launches Innovative D.A.S.H. SaaS Platform Rail Vision Ltd. (Nasdaq: RVSN), a pioneer in advancing railway safety and data-driven insights, has announced the launch of its latest Software as a Service (SaaS) platform named D.A.S.H. This platform represents a significant step forward in how rail operators can enhance safety and operational efficiency. D.A.S.H.:...

Continue Reading