Starpharma Holdings Ltd’s Clinical Trial Programs Accelerating

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Melbourne, Australia; 5 June 2014: Starpharma Holdings Ltd (ASX: SPL, OTCQX: SPHRY) today provided an update on the progress of its clinical trial programs, which include the Phase 1 DEP™ docetaxel trial and the Phase 3 pivotal trials of VivaGel® for prevention of recurrent bacterial vaginosis (BV).

Highlights:

• Phase 1 DEP™ docetaxel trial:
- Ethics approval at 3 sites in Australia
- Enrolling patients; a number having received multiple cycles of therapy
- No evidence of neutropenia

• Phase 3 VivaGel® for prevention of recurrent BV:
- Agreement with EMA and FDA on study design
- First ethics approval obtained
- Quintiles CRO engaged
- Nearing commencement

Phase 1 DEP™ docetaxel trial

The first group of patients has been enrolled at Nucleus Network in Melbourne and have received one or more cycles of DEP™ docetaxel treatment. The Phase 1 trial is currently in the dose escalation phase and a number of patients have now received multiple cycles of therapy with this novel form of improved docetaxel. Results so far show very good tolerability for DEP™ docetaxel with no evidence of neutropenia (low white blood cell count).

Two additional sites, Austin Health/Olivia Newton-John Cancer & Wellness Centre and Royal Brisbane & Women’s Hospital, have recently received ethics approval and are due to commence enrolment shortly.

Dr Jackie Fairley, Starpharma Chief Executive Officer said: “It is very pleasing to see such good tolerability with DEP™ docetaxel, Starpharma’s dendrimer-enhanced version of the major chemotherapeutic agent, Taxotere®. Whilst in the early stages of this trial, it is very encouraging to see that the patients treated so far have shown no signs of neutropenia, one of the most important, dose-limiting side effects of docetaxel and other forms of chemotherapy.”

Approximately 25-30 patients with solid tumours will be enrolled in the trial, which has the primary objective of establishing the maximum tolerated dose, as determined by the occurrence of dose limiting toxicities, of DEP™ docetaxel given intravenously, once every three weeks.

The secondary objectives of the study are to characterise the safety, pharmacokinetic and tolerability profiles of DEP™ docetaxel in patients with advanced cancer.

In characterising the safety profile of DEP™ docetaxel, the study will investigate the impact of the improved dendrimer formulation on problematic side effects seen with Taxotere®, such as neutropenia, which was markedly reduced with the dendrimer formulation in pre-clinical studies, as well as anaphylaxis and hair loss.

The study will also employ a variety of imaging techniques and specific investigations aimed at exploring anti-tumour efficacy. These include CT scans and bone scans, as well as tumour markers.

DEP™ docetaxel is Starpharma’s dendrimer enhanced version of the major chemotherapeutic agent, docetaxel, which is marketed worldwide by Sanofi Aventis under the trade name Taxotere®. Used to treat a wide range of solid tumours including breast, lung and prostate, Taxotere® generated sales in excess of US$3 billion in 2010.

Interestingly docetaxel was recently featured at the international oncology meeting ASCO where impressive survival improvements were shown in first-line treatment of prostate cancer. [Reference http://abstracts.asco.org/144/AbstView_144_127755.html / http://www.medicalnewstoday.com/articles/277621.php ]

Phase 3 Recurrent BV trial

Final preparations are also underway for the imminent commencement of two pivotal Phase 3 clinical trials of VivaGel® for the prevention of recurrent BV at sites in North America, Europe and Asia.

Through meetings with the US Food and Drug Administration (FDA) and Scientific Advice from the European Medicines Agency (EMA), Starpharma has reached agreement with the regulators on the design of the Phase 3 trial program and initial ethics committee approval has been obtained.

Quintiles, a leading global clinical research organisation, has been appointed by Starpharma and many study preparations, including site identification and engagement are now either complete or significantly advanced with a view to rapid trial start-up.

Around 600 women will be recruited to each trial with the primary efficacy endpoint of recurrence of BV over a 16 week treatment period.

There are no approved products for the prevention of recurrent BV, a market estimated to be worth in excess of US$1 billion. The previous Phase 2 trial for prevention of recurrent BV – a double-blind exploratory study in 205 US women (VivaGel® vs. placebo) – showed 1% VivaGel® reduced recurrent BV and delayed time to first recurrence.

“Starpharma has an opportunity to be first in class with a therapeutic to prevent the recurrence of BV, which occurs in a large number of women, and we are looking forward to the commencement of enrolment,” said Dr Fairley.

In the Phase 2 clinical trial, more than 80% of 1% VivaGel® users remained BV free at 16 weeks and the product also provided protection against the occurrence of BV symptoms, which include unpleasant vaginal odour and discharge.

In addition to the prevention of recurrence indication for VivaGel®, Starpharma is pursuing regulatory approval in multiple geographies for VivaGel® with a claim of symptomatic relief. Following regulatory input, the first submissions for the symptomatic relief product are expected in the second half of calendar year 2014. Past VivaGel® trials have yielded strong clinical data which support a symptomatic relief claim and market research shows high patient acceptance and demand for a product to treat the symptoms of BV.

Starpharma Holdings Limited (ASX:SPL, OTCQX:SPHRY), located in Melbourne Australia, is an ASX 300 company and is a world leader in the development of dendrimer products for pharmaceutical, life science and other applications.

Starpharma’s underlying technology is built around dendrimers – a type of synthetic nanoscale polymer that is highly regular in size and structure and well suited to pharmaceutical uses. Starpharma has three core development programs: VivaGel® portfolio, drug delivery, and agrochemicals with the Company developing a number of products internally and others via commercial partnerships.

Starpharma’s lead products are based on VivaGel® (SPL7013, astodrimer sodium), a proprietary dendrimer which is a potent microbicidal agent. VivaGel® formulated as a water based gel and delivered vaginally is under clinical development for the management and prevention of bacterial vaginosis (BV). Starpharma has also signed separate licence agreements with Ansell Limited (ASX:ANN) and Okamoto Industries. Inc., (TSE: JP3192800005) to market a value-added, VivaGel®-coated condom. A VivaGel®-coated condom has received marketing approval in Japan. Okamoto is the market leader for condoms sold in Japan, which is the world’s second largest condom market. Ansell manufactures and sells leading condom brands worldwide, including Lifestyles®, ZERO® and SKYN®.

In the wider pharmaceutical and life science fields, Starpharma has both partnered and internal programs in Drug Delivery. Drug Delivery partners include GSK, Lilly and AstraZeneca. A number of dendrimer-enhanced, or DEP™ versions of existing drugs are under development. The most advanced of these is DEP™docetaxel, a dendrimer-enhanced version of docetaxel (Taxotere®) which is in clinical development. In preclinical studies DEP™ docetaxel has shown significant tumour-targeting and superior anti-cancer effects across a range of important cancer types including breast, prostate, lung and ovarian tumour, when compared to Taxotere® (docetaxel).

In agrochemicals Starpharma has a series of partnerships with leading industry players including global leader Adama (formerly Makhteshim Agan) as well as internal programs including an enhanced version of glyphosate (the active ingredient in Roundup®).

For Further Information:

Media:

Buchan Consulting
Rebecca Wilson
Mob: +61 417 382 391
rwilson@buchanwe.com.au

Starpharma:
Dr Jackie Fairley, Chief Executive Officer
Nigel Baade, CFO and Company Secretary

+61 3 8532 2704
investor.relations@starpharma.com
www.starpharma.com

Forward Looking Statements
This document contains certain forward-looking statements, relating to Starpharma’s business, which can be identified by the use of forward-looking terminology such as “promising”, “plans”, “anticipated”, “will”, “project”, “believe”, “forecast”, “expected”, “estimated”, “targeting”, “aiming”, “set to”, “potential”, “seeking to”, “goal”, “could provide”, “intends”, “is being developed”, “could be”, “on track”, or similar expressions, or by express or implied discussions regarding potential filings or marketing approvals, or potential future sales of product candidates. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. There can be no assurance that any existing or future regulatory filings will satisfy the FDA’s and other authorities’ requirements regarding any one or more product candidates nor can there be any assurance that such product candidates will be approved by any authorities for sale in any market or that they will reach any particular level of sales. In particular, management’s expectations regarding the approval and commercialization of the product candidates could be affected by, among other things, unexpected trial results, including additional analysis of existing data, and new data; unexpected regulatory actions or delays, or government regulation generally; our ability to obtain or maintain patent or other proprietary intellectual property protection; competition in general; government, industry, and general public pricing pressures; and additional factors that involve significant risks and uncertainties about our products, product candidates, financial results and business prospects. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated or expected. Starpharma is providing this information as of the date of this document and does not assume any obligation to update any forward-looking statements contained in this document as a result of new information, future events or developments or otherwise.

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