“Restoring Cell Function to Block VEGF”

Integrin peptide therapy Luminate shows potential of extending DME treatment.

Anti-VEGF drugs have proven to be effective treatments for diabetic macular edema, but about half of this population does not respond to anti-VEGF therapy and monthly injections can be burdensome. A readout from the DEL MAR Phase IIB Stage 2 clinical trial of the integrin peptide agent Luminate (Allegro Ophthalmics) as sequential therapy with anti-VEGF shows the potential of extending out those injections.

To read the article, please visit Retina Specialist“Restoring Cell Function to Block VEGF”

“Novel Integrin Inhibitor May Improve Efficacy of anti-VEGF Treatment”

Topline results from a phase 2 study demonstrated that Allegro Ophthalmics’ first-in-class anti-integrin candidate, Luminate, can help restore vision in diabetic macular edema (DME) patients being treated with anti-VEGF therapy. The drug may also help those with chronic disease who no longer respond to anti-VEGF treatment.

To read the article, please visit American Academy of Ophthalmology“Novel Integrin Inhibitor May Improve Efficacy Of Anti-VEGF Treatment”

Allegro Ophthalmics Announces Positive Topline Results from DEL MAR Phase 2b Stage 2 Trial Evaluating Luminate® in Patients with Diabetic Macular Edema

DEL MAR Stage 2 Study Meets Primary Endpoint of Vision Non-Inferiority to Anti-VEGF with 12 Week Durability in a Mostly Chronic Anti-VEGF DME Population

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SAN JUAN CAPISTRANO, CA — August 9, 2017 — Allegro Ophthalmics, LLC, a biotechnology company focused on the development of novel therapies to treat neovascular retinal diseases, today announced that the DEL MAR Phase 2b Stage 2 clinical trial met its primary endpoint when used as a sequential therapy in patients with diabetic macular edema (DME).  The study evaluated Luminate® as a sequential therapy or in combination therapy with anti-VEGF in 80 patients with DME.  The 1.0 mg dose of Luminate® in sequential therapy demonstrated visual acuity gains equivalent at all time points to bevacizumab monotherapy and again showed 12 week durability after the completion of three loading doses.  Results from the DEL MAR Stage 1 trial, in which Luminate® met its primary and secondary endpoints as a monotherapy treatment for DME, were released in October 2016.

The primary endpoint of the DEL MAR Phase 2 Stage 2 study was non-inferiority to bevacizumab in mean change in best-corrected visual acuity (BCVA) at 20 weeks when Luminate® was used with a single bevacizumab pre-treatment (sequential therapy) or in combination with bevacizumab.  The Luminate® results were achieved after one treatment of 1.25 mg bevacizumab (week 0) followed by three 1.0 mg Luminate® injections (weeks 1, 4, and 8) and 12 weeks off treatment, compared to 5 injections given every 4 weeks with bevacizumab. The data showed the mean gain in BCVA was 7.1 letters for patients in the Luminate® with bevacizumab pre-treatment (sequential) group compared to 6.7 letters for patients in the bevacizumab control group.

“Positive results in DEL MAR Stages 1 and 2 continue to confirm Luminate®’s safety and efficacy, and its 12-week durability in patients with DME,” said Vicken Karageozian, M.D., President and Chief Medical Officer, Allegro Ophthalmics. “What’s more, about 60 percent of those treated in the DEL MAR trial had been chronic anti-VEGF users, which suggests that Luminate®, with its unique mechanism of action, may successfully treat more patients, including those who don’t respond to anti-VEGF.”

“These study results are very promising,” said David S. Boyer, M.D., Clinical Professor of Ophthalmology, USC/Keck School of Medicine; Founder, Retina Vitreous Associates Medical Group; and, member of Allegro’s Scientific Advisory Board. “Not only could Luminate® be used as an effective monotherapy with fewer injections, but the latest data suggests that this drug, with its unique mechanism of action, when used as a sequential therapy with an anti-VEGF agent, may provide physicians and DME patients with a new treatment paradigm for DME.  Used this way, Luminate® with an anti-VEGF pre-treatment could be used to clear VEGF, decrease VEGF production, and cut inflammation at the same time.  This should be particularly useful for half of the current patient population that doesn’t respond adequately to repeated anti-VEGF treatments alone.”

The double masked, placebo-controlled, randomized, multi-center, 5-month Phase 2b, Stage 2 trial included 5 arms:

    Luminate® 0.5 mg or 1.0 mg as a sequential therapy after a single treatment of 1.25 mg bevacizumab (week 0) followed by three Luminate® injections (weeks 1, 4, and 8), and 12 weeks off treatment
    Luminate® 0.5 mg or 1.0 mg given in direct combination with bevacizumab 1.25 mg at weeks 1, 4, and 8, and 12 weeks off treatment A
    1.25 mg bevacizumab control arm of 5 monthly injections

The trial also found that Luminate® was well-tolerated with no drug toxicity or intraocular inflammation. These safety results are consistent with previously conducted Luminate® studies on human subjects where there were no reports of significant inflammation, and no evidence of retinal tears or detachments.  The study was conducted at 14 U.S. sites.

About Luminate®
Luminate®, a first-in-class integrin peptide therapy, treats neovascular retinal diseases by targeting integrin receptors involved in cell signaling and regulation and in the construction of new and aberrant blood vessels. It is the first class of drug for retinal angiogenesis that shuts off the source of production of growth factors, directly interferes with vessel construction and has specific anti-inflammatory properties. Luminate® has been shown in clinical studies to effectively maintain and improve vision by regressing and inhibiting new blood vessel formation, as well as reducing vascular leakage. Currently in Phase 2 clinical trials for multiple indications, Luminate® is an investigational drug not approved by the FDA for commercial sale in the U.S. Allegro maintains commercial rights to Luminate® in all territories outside of Japan, Korea and China.

About Allegro Ophthalmics, LLC
Allegro Ophthalmics, LLC is establishing integrin peptide therapy as the next-generation pharmaceutical category for the treatment of neovascular retinal diseases.  Allegro’s lead investigational drug, Luminate®, has successfully met the endpoints for its first three Phase 2 studies and has demonstrated the ability to significantly reduce the current burden of intravitreal injections and treat non-responsive patients with diabetic macular edema and age-related macular degeneration.  By quickly, safely and cost-effectively bringing to market new and improved treatment options for leading causes of blindness, Allegro is committed to offering patients an improved quality of life sustained by self-sufficient, functional vision. For more information, visit allegroeye.com.

Luminate® is a registered trademark of Allegro Ophthalmics, LLC.

 

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“Allegro’s Poised to Deliver Positive News at ASRS; Could an IPO Be Next? We Ask Vicken Karageozian”

Allegro Ophthalmics expects to deliver some positive news about its Phase II DEL MAR trial that is evaluating the safety and efficacy of Luminate as an adjunctive therapy with anti-VEGFs in patients with diabetic macular edema (DME). Could the news put the company in a position for an initial public offering?

To listen to the podcast, please visit OIS Podcast“Allegro’s Poised to Deliver Positive News at ASRS; Could an IPO Be Next? We Ask Vicken Karageozian”

“DEL MAR: Phase 2, Stage 2”

David S. Boyer, MD, provides an overview of the phase 2 DEL MAR study with ALG-1001 (Luminate, Allegro) in patients with diabetic macular edema. With stage 1 of the study previously presented, Dr. Boyer details the recent findings of stage 2, which evaluated the safety and efficacy of ALG-1001 with bevacizumab (Avastin, Genentech) pretreatment or ALG-1001 combined with bevacizumab.

To view the video, please visit Eyetube“DEL MAR: Phase 2, Stage 2”

Allegro Ophthalmics Secures $10.7 Million in Private Financing

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SAN JUAN CAPISTRANO, Calif. — July 24, 2017 — Allegro Ophthalmics, LLC today announced the completion of a private round of equity financing for $10.7 million.  With this infusion of capital, the company is strongly positioned to reach future corporate milestones.  Allegro is a biotechnology company focused on the development of novel therapies to treat vitreoretinal diseases.  The company’s lead drug candidate, Luminate®, has successfully met the endpoints for two Phase 2 monotherapy studies for the treatment of diabetic macular edema (DME) and vitreomacular traction (VMT).  In addition, topline results of its Phase 2, Stage 2 DME clinical trial in which Luminate is being evaluated in combination and as an adjunctive therapy with anti-VEGFs will soon be announced.

“The additional capital positions us well to complete multiple Phase 2 clinical trials and prepare for Phase 3 studies.  This financing validates the potential for Luminate to be a valuable treatment option for patients with sight-threatening retinal diseases,” says Vicken Karageozian, MD, president and chief medical officer, Allegro Ophthalmics.

Luminate, a first-in-class integrin peptide therapy, treats vitreoretinal diseases by targeting integrin receptors involved in cell signaling and regulation and in the construction of new and aberrant blood vessels.  By utilizing two mechanisms of action (vitreolysis and anti-angiogenesis), Luminate has been shown in clinical studies to effectively maintain and improve vision by regressing and inhibiting new blood vessel formation, as well as reducing vascular leakage.  Currently in Phase 2 clinical trials for multiple indications, Luminate is an investigational drug not approved by the FDA for commercial sale in the U.S.  Allegro maintains commercial rights to Luminate in all territories outside of Japan, Korea and China.

About Allegro Ophthalmics, LLC
Allegro Ophthalmics, LLC is establishing integrin peptide therapy as the next-generation pharmaceutical category for the treatment of vitreoretinal diseases.  Allegro’s lead investigational drug, Luminate, has successfully met the endpoints for its first two Phase 2 studies and has the potential to significantly reduce the current burden of intravitreal injections and be a new treatment option for patients with diabetic macular edema and age-related macular degeneration.  By quickly, safely and cost-effectively bringing to market new and improved treatment options for leading causes of blindness, Allegro is committed to offering patients an improved quality of life sustained by self-sufficient, functional vision. For more information, visit allegroeye.com.

Luminate® is a registered trademark of Allegro Ophthalmics, LLC.

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“Anti-Integrin Therapy in Treatment of DME”

Agent shows novel mechanism of action, binding in the retina to stop angiogenesis.

Integrins have recently emerged as a treatment target in vitreoretinal diseases. Like VEGF, they are a part of the angiogenic cascade. Integrins are involved in cell-surface interactions that allow new endothelial cells to grow in the extracellular space. Without the expression of integrins, neovascularization would not occur. Integrin receptors cross-activate receptors for VEGF and for platelet-derived growth factor, demonstrating that these factors are closely interrelated in the angiogenesis pathway.

To read the article, please visit Retina Today“Anti-Integrin Therapy in Treatment of DME”

“VIDEO: Luminate® Study Shows Equivalence to anti-VEGF with Fewer Injections”

BALTIMORE — Luminate® (ALG-1001) from Allegro Ophthalmics met both its primary and secondary endpoints in a phase 2 trial for the treatment of diabetic macular edema, Peter K. Kaiser, MD, said at the Association for Research in Vision and Ophthalmology meeting here. The integrin antagonist was injected monthly for 3 months and then patients were off treatment for 2 months, compared with five monthly injections of bevacizumab. The study showed Luminate® was non-inferior to the anti-VEGF treatment with fewer injections.

To view the video, please visit Ocular Surgery News“VIDEO: Luminate® Study Shows Equivalence to anti-VEGF with Fewer Injections”

Allegro Ophthalmics Names Melvin Sarayba, MD, Vice President Of Clinical Affairs

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SAN JUAN CAPISTRANO — March 7, 2017 — Allegro Ophthalmics, LLC, a biotechnology company focused on the development of novel therapies to treat vitreoretinal diseases, today announced that Melvin Sarayba, MD, has joined the company as vice president of clinical affairs.  In his new role,
Dr. Sarayba is responsible for Allegro’s US and international clinical program for Luminate,® which met its primary and secondary endpoints in the DEL MAR Phase 2b clinical trial for diabetic macular edema (DME), the company announced in October, 2016.

An ophthalmic surgeon with an extensive clinical research background and two decades of product development and commercialization experience, Dr. Sarayba has worked for multiple successful ophthalmic companies, including IntraLase, AMO, WaveTec, LenSx Lasers, Alcon Laboratories and ClarVista Medical.At LenSx, he served as vice president of clinical affairs leading the company’s efforts on ophthalmic medical device product development, product improvement, and new applications.
Dr. Sarayba also has designed and led clinical trials at various stages of the life cycle.  As the head of global medical affairs for the cataract franchise at Alcon, he was responsible for key clinical initiatives for the company’s entire cataract portfolio.  Dr. Sarayba completed his fellowship training at the University of California, Irvine.  He is a prolific innovator with 10 patents and has authored or co-authored numerous peer-reviewed publications.

“Melvin’s history of successfully running pivotal clinical trials for innovative startup companies like IntraLase and LenSx and for respected industry leaders like Alcon and AMO make him a valuable addition to the Allegro team,” says Hampar Karageozian, MSc, MBA, co-founder and chief executive officer, Allegro Ophthalmics.  “I am confident that Dr. Sarayba will be an enormous asset to Allegro and will continue to propel Luminate, which has thus far shown very promising efficacy and safety results in Phase 2 clinical trials across multiple indications, through trials and on to commercialization.”

About Luminate
Luminate, a first-in-class integrin peptide therapy, treats vitreoretinal diseases by targeting integrin receptors involved in cell signaling and regulation and in the construction of new and aberrant blood vessels.  By utilizing two mechanisms of action (vitreolysis and anti-angiogenesis), Luminate has been shown in clinical studies to date to effectively regress and inhibit new blood vessel formation, as well as reduce vascular leakage to maintain and restore vision.  Currently in Phase 2 clinical trials for multiple indications, including diabetic macular edema (DME) and non-proliferative diabetic retinopathy (NPDR), Luminate is an investigational drug not approved by the FDA for commercial sale in the U.S. Allegro maintains commercial rights to Luminate in all territories outside of Japan, Korea and China.

About Allegro Ophthalmics, LLC
With more than 100 years of combined experience in ophthalmic drug discovery, development and manufacturing, Allegro Ophthalmics, LLC, is working to establish integrin peptide therapy as the next-generation pharmaceutical category for the treatment of vitreoretinal diseases.  Allegro’s lead investigational drug, Luminate, is currently in Phase 2 studies and has the potential to significantly reduce the current burden of intravitreal injections and to be a viable option for patients with diabetic macular edema, diabetic retinopathy, wet age-related macular degeneration, and vitreomacular traction.  By quickly, safely and cost-effectively bringing to market new and improved treatment options for leading causes of blindness, Allegro is committed to offering patients an improved quality of life sustained by self-sufficient, functional vision.  For more information, visit allegroeye.com.

Luminate® is a registered trademark of Allegro Ophthalmics, LLC.

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