Benitec Initiates A Fourth Site In Hepatitis C Clinical Trial

SYDNEY, Sept. 16, 2015 /PRNewswire/ -- Benitec Biopharma Limited (NASDAQ: BNTC; NASDAQ: BNTCW; ASX: BLT) a clinical-stage biotechnology company developing innovative therapeutics based on its gene-silencing technology, DNA-directed RNA interference (ddRNAi), is pleased to announce it has initiated a new site for its ongoing Phase 1/2a TT-034 trial at the Methodist Health System Clinical Research Institute in Dallas, Texas. The site has commenced pre-screening hepatitis C patients and is led by principal investigator Dr. Parvez Mantry, a gastroenterologist and hepatologist.

This brings the total number of trial sites to four, with Benitec already having established sites at the Duke Clinical Research Institute, the University of California San Diego and the Texas Liver Institute.

Benitec CEO and Managing Director Dr. Peter French said, “We are pleased to welcome a fourth site to join our first-in-man trial of TT-034, an innovative therapeutic based on Benitec’s gene silencing technology, ddRNAi. The addition of this site reflects the growing interest from the medical community in Benitec’s potentially transformational approach to treating and curing hepatitis C. Recruitment and dosing for the trial is proceeding well.”

More detail on the TT-034 trial: TT-034 is a ddRNAi-based therapeutic, designed to treat and potentially cure hepatitis C (HCV) with a single administration. TT-034 targets the hepatitis C viral RNA at three separate, highly conserved sites. As such it acts as a “triple therapy” even though it is a monotherapy, and minimises the ability of the virus to mutate and escape the therapy. Once it reaches the liver cells it enters the nucleus and produces three separate short hairpin RNAs continuously for the lifetime of the cell. Thus it has the potential to not only treat the existing HCV infection but to guard against reinfection for months to years without the need to re-treat. It has been extensively tested in pre-clinical in vivo studies and no adverse effects were seen at any therapeutic dose. However, as it is regulated as a gene therapy, the trial design is to primarily ensure that treatment with TT-034 is safe, hence the gradual dose escalation.

About Benitec Biopharma Limited:
Benitec Biopharma Limited is a clinical-stage biotechnology company developing innovative therapeutics based on its patented gene silencing technology delivered by gene therapy, called DNA directed RNA interference (ddRNAi) that has the potential to produce ‘one-shot’ cures for a range of diseases. The company is developing ddRNAi-based therapeutics for chronic and life-threatening human conditions including hepatitis C and B, wet age-related macular degeneration, and oculopharyngeal muscular dystrophy. Benitec has also licensed ddRNAi to other biopharmaceutical companies for applications including HIV/AIDS, Huntington’s disease, chronic neuropathic pain and retinitis pigmentosa. For further information regarding Benitec and its activities, please contact the persons below, or visit the Benitec website at www.benitec.com.

Contacts:

Company

Investor relations

United States

Carl Stubbings
Chief Business Officer
Tel: +61 (2) 9555 6986
Email: cstubbings@benitec.com

Kyahn Williamson
Buchan Consulting
Tel: +61 (2) 9237 2807
Email: kwilliamson@buchanwe.com.au

Tiberend Strategic Advisors, Inc.

Joshua Drumm, Ph.D. (Investors)

Tel: +1 212-375-2664

Email:jdrumm@tiberend.com

Andrew Mielach (Media)

Tel: +1 212-375-2694

Email: amielach@tiberend.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/benitec-initiates-a-fourth-site-in-hepatitis-c-clinical-trial-300143931.html

SOURCE Benitec Biopharma Limited

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