💥 Fed cuts sparks mid cap boom! ProPicks AI scores with 4 stocks +23% each. Get October’s update first.Pick Stocks with AI

Bionomics clear to advance BNC210 phase 3 trials for social anxiety disorder following successful FDA meeting

Published 18/10/2023, 01:12 pm
© Reuters.  Bionomics clear to advance BNC210 phase 3 trials for social anxiety disorder following successful FDA meeting

Bionomics Ltd (ASX:BNO, OTCQB:BNOEF) has completed a successful End-of-Phase 2 (EoP2) meeting with the US Food and Drug Administration (FDA), paving the way for its lead asset BNC210 to enter Phase 3 trials for the acute treatment of Social Anxiety Disorder (SAD).

The meeting concerned a dataset from recently concluded Phase 2 PREVAIL studies.

“We are grateful for FDA’s support and guidance and very pleased to reach an agreement on key elements of Phase 3 design and other nonclinical components required for registration,” Bionomics president and CEO Spyros Papapetropoulos said.

“The FDA meeting outcomes provide external and independent validation of our position on the strength and Phase 3-enabling nature of the PREVAIL dataset.

“BNC210’s unique clinical profile seen in multiple anxiety disorders including SAD, Generalized Anxiety Disorder and in a panic model, was recently significantly enhanced by the positive results in Post-Traumatic Stress Disorder.

“BNC210, which has Fast-Track designation from the FDA for the acute treatment of SAD, has the potential to address a significant unmet need for the 17 million Americans suffering from SAD who currently don’t have fast-acting and safe treatment options.”

Official meeting minutes

FDA official meeting minutes reveal the specific areas Bionomics has reached an agreement with the regulator for, including:

  • the plan to conduct two randomized, placebo-controlled studies with single administration of BNC210 during a public speaking task;
  • the use of the Subjective Units of Distress Scale (SUDS) measured during a public speaking challenge as the primary efficacy endpoint;
  • the doses of BNC210 to be studied in Phase 3;
  • the sample size assumptions for the Phase 3 controlled studies based on PREVAIL findings;
  • the design elements of the open label safety study required to support the new drug application (NDA);
  • the size of the safety database to support the NDA; and
  • the nonclinical toxicology studies needed to support the NDA.

Bionomics intends to begin Phase 3 of its clinical program in the first quarter of next year.

Read more on Proactive Investors AU

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.