Oncodesign Precision Medicine Reacquires Rights to Its OPM-201 Program From Servier After a Positive Phase I Trial in Healthy Volunteers

In This Article:

  • Retrieval by OPM of all rights to the OPM-201 program and associated patent portfolio

  • Confirmation of the molecule's safety in healthy volunteers

DIJON, France, December 20, 2024--(BUSINESS WIRE)--Regulatory News:

Oncodesign Precision Medicine (OPM) (ISIN: FR001400CM63; Mnemonic: ALOPM), a biopharmaceutical company specializing in precision medicine for the treatment of resistant and metastatic cancers, today announces the reacquisition of the rights to its OPM-201 program in the treatment of Parkinson’s disease from Servier laboratories.

The Phase I healthy volunteer study, initiated in October 2022, has just been completed, confirming the safety of OPM-201 in healthy volunteers. Final Phase 1 results are expected in the second quarter of 2025. After 5 years of collaboration with Servier, OPM is taking over the development of the program internally, following a strategic decision by Servier laboratories to refocus its Neurology efforts on rare diseases.

As a reminder, OPM and Servier have identified a new molecule inhibiting LRRK2 kinase (Leucine-Rich Repeat Kinase 2) potentially active against the familial form of Parkinson's disease, and by extension on a larger population of idiopathic Parkinson's disease. This selective, potent and orally active molecule can inhibit LRRK2 phosphorylation in the brain, with no side effects at effective doses. LRRK2 kinase is considered as one of the most promising targets in the fight against Parkinson's disease, offering a unique potential to alter the progression of the disease.

"The collaboration with Servier has significantly propelled this innovative program, confirming its quality and the safety of our compound in healthy volunteers. Taking advantage of Servier's strategic repositioning, we have regained full rights to the OPM-201 program to take full control of its development for the treatment of patients suffering from Parkinson's disease," comments Philippe Genne, Chairman and CEO of Oncodesign Precision Medicine. "Our objective is to maximize the value of this program by pursuing it internally until we find a new partner for the ultimate clinical phases. We would like to thank Servier for their collaboration and remain in close contact with this partner who has become a leader in the field of oncology."

Jan Hoflack, Scientific Director of Oncodesign Precision Medicine, adds: "Several steps remain before our Parkinson's molecule can reach the market. Following Servier's recent major success in oncology, and the shift in Servier's Neurology strategy towards rare disease indications, the decision was made to take over the program within OPM and to look for a new partner specializing in the field. Through our participation in professional conferences, we have assessed significant interest from potential partners for this type of program. I would like to thank the Servier teams for the major efforts they have put into this project and the progress we have achieved together. Our LRRK2 project remains a key asset for the company and, most importantly, holds the promise of delivering a solution to the many Parkinson's patients who currently lack effective treatment options."