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Protox Successfully Doses First Patient in Prostate Cancer Trial using PRX302
Tuesday, May 2, 2006 - Vancouver, British Columbia - Protox Therapeutics Inc. (TSX-V: PRX)
today announced the enrollment and successful dosing of the first patient in a Phase I
clinical study evaluating their lead drug, PRX302, to treat localized recurrent prostate
cancer. PRX302 is a targeted pro-drug that turns into a potent anti-cancer agent once
activated by the enzyme, prostate specific antigen (PSA), produced in high levels by prostate
cancer and hyperplastic prostate cells. Once activated, PRX302 destroys the cells by punching
holes in the cell membrane.
In pre-clinical studies, PRX302 has been shown to selectively and potently kill PSA-producing
cells without harming adjacent healthy tissues or organs. PRX302 has the potential to address
the unmet needs of millions of men suffering from localized prostate cancer and enlarged
prostates (benign prostatic hyperplasia or BPH).
Dr Fahar Merchant, President and CEO of Protox, commented, "The entry of our first compound
into clinical development is an important corporate milestone and emphasizes the excellent
progress made by the company during the past year. Molecular-targeted therapies such as
those being developed by Protox are the fastest growing segment of the cancer therapy market,
underlining our belief in the commercial potential of our PORxin platform."
Dr Merchant added, “The novel approach utilized by PRX302, along with our plans to build a
solid pipeline of targeted toxin therapeutics, will allow Protox to offer a broad range of
potential new therapies for the treatment of cancer and proliferative disorders.”
The first patient was treated at Scott & White Memorial Hospital in Temple, Texas. Two
additional US sites have been planned and will be initiated as soon as each center’s internal
review board (IRB) approval has been granted. Patient enrollment is expected to be completed
and interim results made public by the end of 2006.
“The fact that PRX302 is delivered locally to the prostate makes it very promising since
the likelihood of causing serious adverse events associated with current treatments is so
much lower with this approach,” said Dr. Scott Coffield, a Urologist-Oncologist at Scott &
White and Principal Investigator of the Phase I study. “We are excited to offer our
patients this new and unique approach to combat the disease that still takes the lives of
too many men.”
The primary objective of this open label, single arm, multiple-site Phase I clinical trial
is to assess the safety, tolerability and therapeutic activity of an ascending dose of
PRX302, in approximately 30 patients with localized recurrent prostate cancer. PRX302 will
be injected into the prostate gland under ultrasound guidance and changes in PSA levels will
be measured and prostate biopsies performed after 30 days. Patients will be followed for a
total of three months.
This study is also designed to recommend the optimum dose range for subsequent Phase II
studies. Additionally, the trial will seek to define the pharmacokinetic profile of PRX302
and to collect preliminary data on anti-tumor activity.
About Prostate Cancer:
Prostate cancer is a leading cause of cancer death in North American men.
One in every six men is diagnosed with prostate cancer during their lifetime.
The American Cancer Society estimates that during 2006 approximately 234,500 new
cases of prostate cancer will be diagnosed and over 27,000 men will die from the
disease in the U.S. Current treatment options for localized prostate cancer include
surgery (radical prostatectomy), brachytherapy (implantation of radioactive seeds),
and external beam irradiation. Serious side effects are associated with all these therapies
including erectile dysfunction, incontinence, urinary dysfunction and bowel problems.
There are currently limited therapies with significant side-effects to treat locally
recurrent prostate cancer.
About Scott and White:
Scott and White is the largest multi-specialty practice in Texas with more than 500
physicians and considered to be one of the foremost healthcare institutions in the US.
The hospital is ranked among the top 15 major teaching hospitals in the US. Scott and
White is affiliated with the Texas A&M University College of Medicine and its physicians
are involved in clinical trials that focus on improving patient care, treatment outcomes
and medical safety.
About Protox Therapeutics:
Protox Therapeutics is a product-focused development-stage company and a leader in
advancing novel, targeted protein toxin therapeutics for treatment of cancer and
other diseases. Through the company’s PORxin technology platform,
therapeutic candidates are generated by engineering the naturally occurring protein,
pro-aerolysin. These proteins become potent anti-cancer agents when activated at a
tumor site by specific proteases produced by cancer cells. Once activated, the drug
punches holes in the cancer cells causing the contents to leak out and ultimately,
cell death. Protox has received clearance from the FDA to commence Phase 1 clinical
trials with the lead compound, PRX302, for the treatment of localized prostate cancer.
PRX302 is also being developed for treatment of benign prostatic hyperplasia.
For more information, contact:
Elayne Wandler
Director, Investor Relations and Corporate Communications, Protox Therapeutics Inc.
Direct: 604-688-4369
Cell: 778-865-0172
Fax: 604-688-0173
ewandler@protoxtherapeutics.com
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