ALLR: March Clinical Update

In This Article:

By John Vandermosten, CFA

NASDAQ:ALLR

IXEMPRA® and Stenoparib Monotherapy Studies

Allarity Therapeutics, Inc. (NASDAQ:ALLR) informed investors of its progress with its portfolio of oncology drugs guided by its Drug Response Predictor (DRP) diagnostics in a pair of recently released press releases. In an update to its ongoing Phase II trials evaluating Ixempra and stenoparib, the company reports changes to its enrollment cut-off score and has adjusted dosing protocols. Allarity also dosed its first patient in its dovitinib and stenoparib combination trial which expects to benefit from synergistic anti-cancer activity.

Ixempra and Stenoparib Phase II Trial Updates

In a March 28, 2023 press release, Allarity announced updates to its Phase II programs that are evaluating Ixempra and stenoparib as monotherapies. The pace of recruitment for both trials has been slow due to impacts from the pandemic and from on-site personnel staffing. To address the issue, Allarity has engaged additional contract research organizations (CROs) to increase the number of trial sites. The protocols for both of the studies have also been modified so that a greater number of patients will qualify for enrollment.

The European Ixempra trial in metastatic breast cancer will see additional modifications from a trial protocol amendment that will reduce the Ixempra-drug response predictor (DRP) cut off score2 required before a patient may be enrolled. The score will be reduced from 67% to 33% in a change that is expected to increase the number of DRP-positive patients eligible to enroll.

The stenoparib trial in ovarian cancer will modify the dosing regimen from a once daily does to a bis in die (BID), or twice per day dosing. This is expected to produce more stable systematic drug levels throughout the treatment period. This change matches the dosing regimen that will be used in the Phase Ib combination study for stenoparib and dovitinib. An interim data readout from the study is expected in late 2023.

First Combination Patient Dosed

On March 20th, Allarity announced its first patient had been dosed in the Phase Ib combination study evaluating dovitinib and stenoparib in advanced solid tumors. In oncology, combination therapy has been found to be more effective than single-agent therapy due to a number of reasons that take advantage of multiple mechanisms of action. Primary benefits include the synergy of multiple drugs, overcoming resistance in single-agent therapy, improved efficacy and lower toxicity from lower individual dosing.

One of the primary tumors that will be examined is ovarian cancer which has been responsive to combination therapies including poly (ADP-ribose) polymerase (PARP) inhibitors, a class than includes stenoparib. PARP inhibitors are a targeted therapy used in cancer treatment, particularly for cancers with specific mutations in DNA repair genes. These mutations can retard DNA repair, leaving cancer cells more susceptible to damage. PARP is an enzyme that plays a role in repairing single-strand DNA breaks. PARP inhibitors block the activity of PARP, which prevents cancer cells from repairing single-strand DNA breaks. When cancer cells attempt to divide and replicate their DNA, this causes fatal double-strand DNA breaks, leading to cell death.