Biosergen AB announced completion of the phase 1 study with BSG005. The study included both a single ascending dose (SAD) and a multiple ascending dose (MAD) part. Topline data showed a satisfactory safety profile with no serious adverse events reported and no impact on kidney and liver function after BSG005 administration both as single infusions as well as after 7-days repeated IV infusions at multiple dose levels.

The repeated IV infusion treatment regimen and the satisfactory safety profile supports advancement of testing BSG005 in a phase 2 clinical study in patients with invasive fungal infection. goal is with the very broad antifungal effect and the well-known fungicidal effect to position BSG005 as a first line product in Invasive Fungal Infection patients with or without a diagnose. Biosergen has received the outcome of the final Safety Review Committee following the multiple ­ 7-days iv infusions ­ administration of BSG005 in the double-blinded placebo- controlled phase I study in Australia.

The review of the data revealed that there were no major safety concerns. In particular there was no negative safety signal on kidney and liver parameters, which is a major advantage compared to other polyenes. The plasma levels after 7 days of dosing of BSG005 were approaching the No Observable Adverse Effect Level (NOAEL) plasma levels from the toxicology studies, which is the upper limit for testing in healthy subjects.

BSG005 is the lead development compound of Biosergen. It is an anti-fungal molecule from the group of polyene macrolides known for its broad anti-fungal and fungicidal (fungal killing) effect on a broad range of fungal strains ­ including resistant and difficult to treat fungal strains. Furthermore in vivo animal data with immunocompromised mouse model have shown that BSG005 has a higher potency than comparative products such as Amphotericine B/Ambisome.

Animal toxicology data of BSG005 have also demonstrated an absence of any kidney toxicity which restricts the use of AmB as a treatment of last resort. The clinical phase 1 trial was a double-blinded, placebo-controlled study (randomised 4:2) where 24 subjects received a single dose in the SAD part and another 12 subjects received a dose every day for 7 days in the MAD part in a dose escalation fashion. In both parts of the trial the plasma BSG005 level either reached or approached the approvable NOAEL level from the toxicology study, which is why further increase in doses would not be allowed.