Arrowhead Cleared to Proceed with Multiple Dose Phase 2b Study of ARC-520

PASADENA, Calif.–(BUSINESS WIRE)–

Arrowhead Research Corporation (NASDAQ: ARWR), a biopharmaceutical

company developing targeted RNAi therapeutics, today announced that the

United States Food and Drug Administration (FDA) informed the Company

that it can proceed with a multiple-dose Phase 2b clinical study of

ARC-520, its clinical candidate for the treatment of chronic hepatitis B

infection, under an investigational new drug (IND) application

previously filed with the FDA.

“This notification from the FDA allows us to begin a multiple-dose Phase

2b study of ARC-520, and we are working diligently to get treatment

sites up and running. Our goal is to gain site IRB approvals and perform

site initiation visits to begin recruiting and enrolling patients for

this study in about a month, ” said Bruce Given, M.D., chief operating

officer and head of R&D for Arrowhead. “We are also working with various

regulatory agencies outside of the United States to initiate additional

Phase 2b studies.”

The clinical study, titled Heparc-2004, is a multicenter, randomized,

double-blind, placebo-controlled, multi-dose study of ARC-520

administered intravenously to patients with chronic immune active HBV

infection maintained on entecavir or tenofovir therapy. The study is

planned to enroll up to 12 patients who will be randomized at a ratio of

2:1 with 8 patients receiving 1 mg/kg of ARC-520 and 4 patients

receiving placebo. Each patient will receive 3 total doses, once every 4

weeks. Patients will be followed through Day 147.

The primary objective of Heparc-2004 is to evaluate the depth of

hepatitis B surface antigen (HBsAg) decline in response to multiple

doses of ARC-520 compared to placebo in patients with chronic, immune

active HBV infection as a measure of drug activity. Secondary objectives

are to measure safety and tolerability and pharmacokinetics of ARC-520,

and to evaluate the effect of ARC-520 on entecavir or tenofovir

pharmacokinetics, in addition to other exploratory safety and

pharmacodynamic objectives.

In connection with an IND filed in December 2014, Arrowhead proposed a

parallel design multiple-dose Phase 2b study testing doses of 2 mg/kg

and 4 mg/kg simultaneously. In January 2015, the FDA notified the

Company that a partial clinical hold had been placed on the program. In

order to proceed with the proposed parallel design study, the FDA

requested that the Company provide additional information including data

from the single-dose Phase 2a study in patients who receive 1-4 mg/kg

ARC-520, data from an ongoing multiple-dose non-clinical study, and data

from Heparc-2004 which is now cleared to begin.

About ARC-520

Arrowhead’s RNAi-based candidate ARC-520 is being investigated in the

treatment of chronic HBV infection. The small interfering RNAs (siRNAs)

in ARC-520 intervene at the mRNA level, upstream of the reverse

transcription process where current standard of care nucleotide and

nucleoside analogues act. Arrowhead is investigating ARC-520

specifically, to determine if it can be used to achieve a functional

cure, which is an immune clearant state characterized by hepatitis B

s-antigen negative serum with or without sero-conversion. Arrowhead has

completed a Phase 1 single ascending dose study in normal volunteers and

the company is conducting single dose Phase 2a studies and multiple dose

Phase 2b studies in chronic HBV patients. Approximately 350-400 million

people worldwide are chronically infected with the hepatitis B virus,

which can lead to cirrhosis of the liver and is responsible for 80% of

primary liver cancers globally.

About Arrowhead Research Corporation

Arrowhead Research Corporation is a biopharmaceutical company developing

targeted RNAi therapeutics. The company is leveraging its proprietary

Dynamic Polyconjugate™ delivery platform to develop targeted drugs based

on the RNA interference mechanism that efficiently silences

disease-causing genes. Arrowhead’s pipeline includes ARC-520 for chronic

hepatitis B virus, ARC-AAT for liver disease associated with Alpha-1

antitrypsin deficiency, and partner-based programs in obesity and

oncology.

For more information please visit http://www.arrowheadresearch.com,

or follow us on Twitter @ArrowRes.

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please visit http://ir.arrowheadresearch.com/alerts.cfm.

Safe Harbor Statement under the Private Securities Litigation Reform

Act:

This news release contains forward-looking statements within the

meaning of the “safe harbor” provisions of the Private Securities

Litigation Reform Act of 1995. These statements are based upon our

current expectations and speak only as of the date hereof. Our actual

results may differ materially and adversely from those expressed in any

forward-looking statements as a result of various factors and

uncertainties, including our ability to finance our operations, the

future success of our scientific studies, our ability to successfully

develop drug candidates, the timing for starting and completing clinical

trials, actions of the U.S. Food and Drug Administration (FDA) and

similar global regulatory bodies, rapid technological change in our

markets, challenges to the validity of our intellectual property rights,

and the enforcement of our intellectual property rights. Arrowhead

Research Corporation’s most recent Annual Report on Form 10-K and

subsequent Quarterly Reports on Form 10-Q discuss some of the important

risk factors that may affect our business, results of operations and

financial condition. We assume no obligation to update or revise

forward-looking statements to reflect new events or circumstances.

Source: Arrowhead Research Corporation

Arrowhead Research Corporation
Vince Anzalone, CFA
626-304-3400
ir@arrowres.com
or
Investor

Relations:
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Todd James
646-378-2926
ir@arrowres.com
or
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Source: Arrowhead Research Corporation

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