Korro Receives Australian HREC Approval and CTN Clearance to Initiate Phase 1/2a Clinical Study (REWRITE) of KRRO-110 for Alpha-1 Antitrypsin Deficiency
21 November 2024 - 1:30PM
Korro Bio, Inc. (Korro) (Nasdaq: KRRO), a biopharmaceutical company
focused on developing a new class of genetic medicines based on
editing RNA for both rare and highly prevalent diseases, today
announced that it has received approval from the Australian
Bellberry Human Research Ethics Committee (HREC) and clearance from
the Australian Therapeutic Goods Administration (TGA) to initiate a
Phase 1/2a clinical study of KRRO-110 for Alpha-1 Antitrypsin
Deficiency (AATD).
“We are thrilled to receive approval to proceed
with our clinical study in Australia,” said Kemi Olugemo, MD, Chief
Medical Officer at Korro. “Multiple dose treatment with KRRO-110 in
a human transgenic mouse model of PiZZ genotype achieved greater
than 60% editing and resulted in secretion of functional M-AAT at
therapeutically relevant levels. This approval allows us to
demonstrate the potential of KRRO-110 in patients with the PiZZ
genotype who remain at risk for serious lung and liver
complications despite receiving standard-of-care treatment.”
About REWRITE
REWRITE is a two-part single and multiple
dose-escalating study that will evaluate the safety and
tolerability of KRRO-110 in up to 64 participants, including
healthy adults and clinically stable AATD patients with the PiZZ
genotype. Secondary and exploratory endpoints include
pharmacokinetic and pharmacodynamic parameters that will guide
optimal dose selection for later stage studies.
Korro expects to dose the first participant in
the first quarter of 2025, and completion of the study is expected
in 2026. An interim readout in PiZZ participants is anticipated in
the second half of 2025.
For additional information about the REWRITE
study, visit ClinicalTrials.gov (NCT06677307).
About Alpha-1 Antitrypsin Deficiency
(AATD) and KRRO-110AATD is a genetic disorder most
commonly caused by a single missense mutation (G-to-A) in the
SERPINA1 gene. Affected adult individuals experience pulmonary
emphysema and/or hepatic cirrhosis, as well as end organ
manifestations. KRRO-110 is the first RNA editing oligonucleotide
product candidate from Korro’s proprietary RNA editing platform,
Oligonucleotide Promoted Editing of RNA (OPERA™). KRRO-110 is
designed to co-opt an endogenous enzyme, Adenosine Deaminase Acting
on RNA (ADAR), to edit the “A” variant on SERPINA1 RNA, repair an
amino acid codon, and restore secretion of normal AAT protein. This
repair of the endogenous protein has the potential to clear protein
aggregates from within liver cells to create a potentially
clinically differentiated benefit for liver function and to
preserve lung function by providing an adequate amount of normal
AAT protein.
About Korro Korro is a
biopharmaceutical company focused on developing a new class of
genetic medicines for both rare and highly prevalent diseases using
its proprietary RNA editing platform. Korro is generating a
portfolio of differentiated programs that are designed to harness
the body’s natural RNA editing process to affect a precise yet
transient single base edit. By editing RNA instead of DNA, Korro is
expanding the reach of genetic medicines by delivering additional
precision and tunability, which has the potential for increased
specificity and improved long-term tolerability. Using an
oligonucleotide-based approach, Korro expects to bring its
medicines to patients by leveraging its proprietary platform with
precedented delivery modalities, manufacturing know-how, and
established regulatory pathways of approved oligonucleotide drugs.
Korro is based in Cambridge, Massachusetts. For more information,
visit korrobio.com.
Forward-Looking
StatementsCertain statements in this press release may
constitute “forward-looking statements” within the meaning of the
Private Securities Litigation Reform Act of 1995, as amended.
Forward-looking statements include, but are not limited to, express
or implied statements regarding expectations, hopes, beliefs,
intentions or strategies of Korro regarding the future including,
without limitation, express or implied statements regarding:
REWRITE study’s ability to evaluate the safety, tolerability,
pharmacokinetics and pharmacodynamics of single and multiple
escalating doses of KRRO-110; the clinical advancement of KRRO-110;
the timing of Korro dosing the first participant, interim data
readout and completion of the Phase 1/2 clinical study of KRRO-110
for AATD, including Korro’s ability to complete the REWRITE study;
the potential of KRRO-110 to help patients with the PiZZ genotype
who remain at risk for serious lung and liver complications despite
receiving standard-of-care treatment; among others. In addition,
any statements that refer to projections, forecasts, or other
characterizations of future events or circumstances, including any
underlying assumptions, are forward-looking statements. The words
“anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,”
“intend,” “may,” “might,” “plan,” “possible,” “potential,”
“predict,” “project,” “should,” “strive,” “would,” “aim,” “target,”
“commit,” and similar expressions may identify forward-looking
statements, but the absence of these words does not mean that
statement is not forward looking. Forward-looking statements are
based on current expectations and assumptions that, while
considered reasonable are inherently uncertain. New risks and
uncertainties may emerge from time to time, and it is not possible
to predict all risks and uncertainties. Factors that may cause
actual results to differ materially from current expectations
include, but are not limited to, various factors beyond
management’s control including risks of conducting a first-in-human
clinical study; challenges with addressing any regulatory concerns
necessary to proceed with enrollment and dosing; risks associated
with enrolling sufficient participants and other risks inherent in
biopharmaceutical development; risks associated with conducting
pre-clinical studies and clinical studies and risks of replicating
results from pre-clinical studies in clinical studies; and other
risks associated with obtaining regulatory approvals and protecting
intellectual property; as well as risks associated with general
economic conditions; and other risks and uncertainties indicated
from time to time in Korro’s filings with the SEC, including Part
II Item 1A. “Risk Factors” in Korro’s most recent Quarterly Report
on Form 10-Q filed with the SEC, as such may be amended or
supplemented by its other filings with the SEC. Nothing in this
press release should be regarded as a representation by any person
that the forward-looking statements set forth herein will be
achieved or that any of the contemplated results of such
forward-looking statements will be achieved. You should not place
undue reliance on forward-looking statements in this press release,
which speak only as of the date they are made and are qualified in
their entirety by reference to the cautionary statements herein.
Except as required by law, Korro does not undertake or accept any
duty to release publicly any updates or revisions to any
forward-looking statements to reflect any change in its
expectations or in the events, conditions or circumstances on which
any such statement is based. This press release does not purport to
summarize all of the conditions, risks and other attributes of an
investment in Korro.
Korro Bio Contact Information
Investor & Media ContactTim PalmerIR@korrobio.com
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