Saturday, May 18, 2024

Liminal BioSciences Announces Discontinuation of Fezagepras Development

Liminal BioSciences Inc. (“Liminal BioSciences” or the “Company”) announced that it has discontinued development of fezagepras.

The decision to discontinue the development of fezagepras is based on results from the Phase 1a single ascending dose (“SAD”) clinical trial, which indicated that fezagepras was significantly inferior compared to Sodium Phenylbutyrate as a nitrogen scavenger. The Phase 1a SAD clinical trial of fezagepras initiated in May 2022 was designed as a head-to-head comparison with Sodium Phenylbutyrate to provide us with further data to determine whether fezagepras was worth developing for one of the potential indications where nitrogen scavenging is beneficial. The recommendation to stop the development program for fezagepras was not based on safety concerns.

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“We have come to this decisive, data driven conclusion early in Q3 in line with previously issued guidance,” stated Bruce Pritchard, Chief Executive Officer of Liminal BioSciences. “This allows us to focus our resources on our preclinical development programs. We look forward to updating the market on our expected milestones for our GPR84 and OXER1 antagonists’ preclinical candidates targeting inflammatory, metabolic, and fibrotic conditions. In addition to these programs, we continue to explore other development opportunities to add to our pipeline.”

Liminal BioSciences is a development stage biopharmaceutical company focused on discovering and developing distinctive novel small molecule therapeutics for inflammatory, fibrotic, and metabolic diseases using our drug discovery platform with a data driven approach. The Company is currently developing GPR84 antagonists and OXER1 antagonists. In addition to these programs, the Company continues to explore other development opportunities to add to its pipeline.

These statements include those related to Liminal BioSciences’ objectives, strategies and businesses that involve risks and uncertainties. Forward–looking information includes statements concerning, among other things: advancement of Liminal Biosciences’ product candidates, the outcome of anticipated clinical trials; the analysis of our clinical trial data; the potential development of Liminal Biosciences’ R&D programs; the properties of our drug candidates; the timing of initiation or nature of preclinical and clinical trials and potential therapeutic areas.

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