Prescient Therapeutics
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| Company type | Public |
|---|---|
| ASX: PTX | |
| Industry | Biotechnology |
| Founded | 2014 |
| Headquarters | Melbourne, 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) |
| Products | PTX-100, OmniCAR, CellPryme |
| Website | www |
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]