CAMBRIDGE, Mass.--(BUSINESS WIRE)--Catabasis Pharmaceuticals, Inc. (NASDAQ:CATB), a clinical-stage biopharmaceutical company, today announced financial results for the fourth quarter and full year ended December 31, 2016, and corporate highlights.
“The recently reported safety, tolerability and plasma exposure data for edasalonexent in patients with Duchenne muscular dystrophy from Part B of the MoveDMD trial are reassuring, and Part C of the trial is continuing on track,” said Jill C. Milne, Chief Executive Officer of Catabasis. “Although we did not achieve the MRI T2 composite endpoint at 12 weeks in Part B, we are encouraged by the improvements in the function-associated exploratory endpoints, including the timed function tests, North Star Ambulatory Assessment, PODCI and muscle strength, and are hopeful that extended exposure will provide evidence of functional benefits.”
Dr. Milne continued, “Looking forward in 2017, Part C of the MoveDMD trial will allow us to collect data for up to 48 weeks of treatment and provide important information about dose and activity with extended duration, as well as endpoints for possible future clinical trials of edasalonexent. Following additional data analysis from Part C, we will determine the next steps for edasalonexent in DMD. Catabasis is also moving the development of our rare disease pipeline forward, with advances in CAT-5571 for cystic fibrosis and CAT-4001 for neurodegenerative diseases including Friedreich’s ataxia and ALS.”
“The recently reported safety, tolerability and plasma exposure data for edasalonexent in patients with Duchenne muscular dystrophy from Part B of the MoveDMD trial are reassuring, and Part C of the trial is continuing on track,” said Jill C. Milne, Chief Executive Officer of Catabasis. “Although we did not achieve the MRI T2 composite endpoint at 12 weeks in Part B, we are encouraged by the improvements in the function-associated exploratory endpoints, including the timed function tests, North Star Ambulatory Assessment, PODCI and muscle strength, and are hopeful that extended exposure will provide evidence of functional benefits.”
Dr. Milne continued, “Looking forward in 2017, Part C of the MoveDMD trial will allow us to collect data for up to 48 weeks of treatment and provide important information about dose and activity with extended duration, as well as endpoints for possible future clinical trials of edasalonexent. Following additional data analysis from Part C, we will determine the next steps for edasalonexent in DMD. Catabasis is also moving the development of our rare disease pipeline forward, with advances in CAT-5571 for cystic fibrosis and CAT-4001 for neurodegenerative diseases including Friedreich’s ataxia and ALS.”
