Motif Bio plc: Contract Signed With Leading CRO to Conduct Iclaprim Phase III Clinical Trials

Motif Bio plc (AIM: MTFB), the clinical stage biopharmaceutical company specialising in developing novel antibiotics, today announced the signing of a clinical trials agreement with Covance, a leading global Contract Research Organisation (CRO), and a wholly owned subsidiary of Laboratory Corporation of America (R) Holdings (LabCorp (R) ) (NYSE: LH). The trials under the agreement are for iclaprim, a targeted spectrum antibiotic designed to be effective against multi-drug-resistant bacteria, including MRSA.

Covance will run two Phase III randomised, double blind, multicentre clinical trials with iclaprim. The trials will evaluate the efficacy and safety of intravenous iclaprim versus intravenous vancomycin in the treatment of acute bacterial skin and skin structure infections (ABSSSI). In addition to Covance’s considerable experience running antibiotic trials, a key consideration for Motif in selecting Covance as its development partner, was the ability to leverage LabCorp’s powerful patient data for these trials.

David Huang, Chief Medical Officer at Motif, said: “The signing of this agreement with Covance is a great step forward for Motif and its development strategy for iclaprim, and ensures a timely start of the Phase III programme. We are now progressing with the selection of countries and investigator sites; programme study drug logistics; and submission of regulatory documents to health authorities, institutional review boards, and independent ethics committees worldwide. Motif remains firmly on track to meet its goal of marketing iclaprim in 2018.”

Enquires:

Motif Bio plc

Graham Lumsden (Chief Executive Officer)
David Huang (Chief Medical Officer)
www.motifbio.com
info@motifbio.com

Zeus Capital Limited (NOMINATED ADVISER and BROKER)

Phil Walker/Dan Bate
Dominic Wilson
+44 (0) 20 3829 5000

Northland Capital Partners Limited (BROKER)

Patrick Claridge/ David Hignell
John Howes/ Mark Treharne (Broking)
+44 (0) 20 7382 1100

MC Services AG (TRADE PR)

Raimund Gabriel
Shaun Brown
+49 (0) 89 210 2280
+44 (0) 207 148 5998

Plumtree Capital Limited (FINANCIAL ADVISOR)

Stephen Austin
+44 (0) 207 183 2493

Yellow Jersey PR Limited (FINANCIAL PR)

Charles Goodwin
Dominic Barretto
+44 (0) 7747 788 221

Help employers find you! Check out all the jobs and post your resume.

MORE ON THIS TOPIC