Prescient Therapeutics

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Company typePublic
Founded2014
Prescient Therapeutics Ltd
Company typePublic
ASX: PTX
IndustryBiotechnology
Founded2014
HeadquartersMelbourne, Australia
Key people
James McDonnell
(CEO)
Terrence Chew
(CMO)
Upaly Bahadure
(Director - Clinical Affairs & Operations)
Mariam Mansour
(Director - Clinical Development & Translational Sciences)
Steve Engle
(Non-executive chairman)
ProductsPTX-100, OmniCAR, CellPryme
Websitewww.ptxtherapeutics.com

Prescient Therapeutics Ltd is a clinical stage oncology company. The company is focused on the development of a universal CAR-T platform (OmniCAR), enhanced CAR-T cell manufacturing & function (CellPryme) and on two small molecule drug targeted therapies (PTX-100 & PTX-200).

Prescient Therapeutics Ltd (Prescient) was created in 2014 by bringing together two small molecule drug assets from separate US private companies (Pathway Oncology for PTX-100 and AKTivate Therapeutics for PTX-200) into the existing ASX-listed shell company Virax Holdings Ltd (Virax). Paul Hopper, an Australian bio-entrepreneur, looking to access public markets to help develop the PTX-100 & PTX-200 assets, helped coordinate sequential reverse takeovers wherein Virax first acquired Pathway Oncology (deal announced 17 March 2014,[1] completed 30 May 2014[2]) and then AKTivate Therapeutics (deal announced 17 October 2014,[3] completed 11 December 2014[4]). Virax then changed its name to Prescient Therapeutics in December 2014.[5]

Prescient expanded its focus into cellular therapies in 2019 with the in-house development of cell therapy enhancement platform, CellPryme,[6] and in May 2020 announced the development of its universal immune receptor platform OmniCAR from technologies developed at University of Pennsylvania (Penn) and Oxford University.[7]

PTX-100

PTX-100 is a first in class compound with the ability to block an important cancer growth enzyme known as geranylgeranyl transferase-1(GGT-1). This enzyme, by post translationally modifying the small GTPase Rho with isoprenoid lipids, plays a role in malignant transformation of cells and the inhibition of apoptosis. PTX-100 disrupts oncogenic Ras pathways by inhibiting the activation of Rho, Rac and Ral circuits in cancer cells, leading to apoptosis (death) of cancer cells. PTX-100 is licensed by Prescient from Yale University, and was co-invented by Prescient Founding Scientist, Professor Said Sebti, and Professor Andrew Hamilton.

PTX-100 demonstrated safety and early clinical activity in a previous Phase 1 study and recent PK/PD basket study of haematological and solid malignancies.[8] PTX-100 is now in a Phase 1b expansion cohort study in T cell lymphomas, where it has shown encouraging efficacy signals and safety.[8] The lead investigator on the study is Professor Miles Prince, AM. A global Phase 2 study focussing on cutaneous T-cell lymphomas is due to start in early 2025.

PTX-100 was granted Orphan Drug Designation by the US FDA for the treatment of all T-cell lymphomas.[9]

OmniCAR

Cell Therapy Enhancements

References

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