Categories
Healthcare

EOM Pharmaceuticals announces its pre-IND meeting request with U.S. FDA to evaluate plans for a Phase 2 clinical trial of its investigational dual-acting, broad-spectrum immunomodulator in COVID-19 patients

EOM developing IND for evaluating EOM613 safety and efficacy to treat the most severe effects of COVID-19, including ARDS

MONTVALE, N.J.–(BUSINESS WIRE)–EOM Pharmaceuticals, Inc., a privately held, clinical-stage company, today announced it has filed a pre-Investigational New Drug Application (pre-IND) meeting request and complete pre-IND briefing documents with the U.S. Food and Drug Administration (FDA) to discuss the company’s plans to evaluate the safety and efficacy of its dual-acting, broad-spectrum immunomodulator drug candidate EOM613 in a Phase 2 clinical trial treating complications of hospitalized COVID-19 patients, including Acute Respiratory Distress Syndrome (ARDS).

The pre-IND meeting request is supported by previously completed Phase 2 clinical trials with EOM613* in cachexic AIDS patients and advanced cancer patients with cachexia, a cytokine- and chemokine-related body wasting syndrome. In those studies, EOM613 treatment was shown to be both safe and capable of mitigating the cytokine- and chemokine-driven symptoms of cachexia, stabilizing or increasing patient weight, and also improving quality-of-life measures such as the Karnofsky Performance Status and Simmonds Functional assessment scores.1,2,3,4,5

“We are pleased to have taken this important step in advancing our EOM613 COVID-19 program as we pursue EOM613 as the first dual-acting, broad-spectrum immunomodulator designed to treat infection-related hyperimmune reactions and autoimmune disorders,” said Irach B. Taraporewala, Ph.D., EOM Chief Executive Officer and Director. “We look forward to finalizing our Phase 2 clinical study design and protocol for EOM613 with the advice and guidance of the FDA and to initiating our trial at a leading university medical center in the United States, where COVID-19 continues to have a devastating impact on the lives of patients and their families.”

About COVID-19-Associated Acute Respiratory Distress Syndrome

ARDS is a dangerous, potentially fatal respiratory condition in which the lungs acquire a widespread injury that reduces their ability to provide the body with enough oxygen. The condition causes fluid buildup in the lungs, which in turn decreases blood oxygen to critically low levels. ARDS is a medical emergency,6 and a major complication in severe cases of COVID-19, affecting 42% of patients presenting with COVID-19 pneumonia and 61–81% of those requiring intensive care.7

ARDS also triggers an adverse immune response, causing a release of cytokines, a type of small protein that can cause inflammation in the lungs and other organs. This inflammation, in combination with low levels of blood oxygen, can lead to such life-threatening problems as organ failure and sometimes multiple organ failure. Certain risk factors increase the likelihood of the development of ARDS in people with COVID-19, including advanced age, diabetes, a history of cardiac disease and high blood pressure.6

About EOM613

EOM613 is an investigational, first-in-class, dual-acting, broad-spectrum immunomodulator designed to provide both an anti-inflammatory effect at the site of cytokine and chemokine overactivity, and a pro-inflammatory effect, when needed. EOM613 is designed to counteract the most severe inflammatory effects of viruses, such as cytokine storm or hyperimmune response following infection with the novel coronavirus that causes COVID-19, autoimmune attacks that cause joint damage and pain associated with rheumatoid arthritis, and cytokine- and chemokine-related body-wasting syndromes such as cachexia. By re-establishing balance, EOM613 may rescue, repair, and restore an immune system that has been confronted by an invading antigen, pathogen, or virus. This dual-acting, broad-spectrum approach may overcome a key limitation of conventional immunomodulators. It is administered as a subcutaneous injection, unlike conventional immunomodulators which often require intravenous infusion. EOM613 has already demonstrated clinical improvements in various disease states and immune-related biomarkers and general tolerability across five Phase 2 clinical trials in patients with cachexia associated with AIDS and cancer, and in patients with rheumatoid arthritis. EOM613 is efficiently manufactured from readily available materials.

About EOM Pharmaceuticals

EOM Pharmaceuticals is a privately held, clinical-stage pharmaceutical company with a pipeline of products that have already shown clinical relevance in multiple Phase 2 clinical trials. The Company’s mission is to pursue innovative approaches with novel types of small molecule therapeutics to solve the problems of some of today’s most urgent and unmet medical needs. EOM’s pipeline is built on proprietary innovations designed to rescue, repair, and restore health. These innovations include the development of the first-and-only dual-acting, broad-spectrum immunomodulator EOM613, which has the potential to treat systemic illness due to an intense inflammatory immune reaction, including COVID-19, influenza, and cancer cachexia, and its advanced formulation of EOM147, the first potential topically administered eye drop to treat retinal diseases. Multiple Phase 2 trials suggest EOM613 and EOM147 have improved relevant clinical measures and are well tolerated. For more information about EOM Pharmaceuticals, please visit www.eompharma.com.

*EOM613 has had other names, including Product R, OHR118, AVR118, and OHR/AVR118.

Forward-Looking Statements

This press release may contain forward-looking statements as such term is understood in the federal securities laws, including, among others, statements regarding the potential to develop a COVID-19 therapy. Actual results may differ materially from those set forth in this press release due to the risks and uncertainties inherent in drug research and development. Any forward-looking statements in this press release speak only as of the date of this press release, and EOM Pharmaceuticals, Inc. undertakes no obligation to update or revise the statements in the future, even if new information becomes available.

1 Levett PN, Hirschman SZ, Roach TC, Broome H, Alexander RJ, Fraser HS. Randomized, placebo-controlled trial of product R, a peptide-nucleic acid immunomodulator, in the treatment of adults infected with HIV. HIV Clin Trials. 2002 Jul-Aug;3(4):272-8. doi: 10.1310/N34A-653T-ABF5-8Q1R. PMID: 12187500.

2 D’Olimpio JT, Hirschman SZ, Shtemer Z, Didiego M. Anti-cachectic effects of a novel peptide nucleic acid: Preliminary results of a phase I/II clinical trial. DOI: 10.1200/jco.2004.22.90140.8087 (presentation abstract). Journal of Clinical Oncology. July 15, 2004; 22, no. 14_suppl 8087-8087.

3 D’Olimpio JT, Chasen MR, Sharma R, Diego M, Gullo V, MacDonald N. Phase II study of AVR118 in the management of cancer related anorexia/cachexia. DOI: 10.1200/jco.2009.27.15_suppl.e20631 (presentation abstract). Journal of Clinical Oncology 2009; 27, no. 15_suppl., e20631-e20631.

4 Chasen M, Hirschman SZ, Bhargava R. Phase II study of the novel peptide-nucleic acid OHR118 in the management of cancer-related anorexia/cachexia. J Am Med Dir Assoc. 2011 Jan;12(1):62-7. doi: 10.1016/j.jamda.2010.02.012. Epub 2010 May 15. PMID: 21194662.

5 Chasen M, Bhargava R, Hirschman SZ, Taraporewala IB. A Phase II study of OHR/AVR118 in anorexia-cachexia. Poster presentation at: the 7th Cachexia conference, Kobe/Osaka, Japan, December 9-11, 2013.

6 Yale Medicine. Fact Sheets: Acute Respiratory Distress Syndrome (ARDS). Available at: https://www.yalemedicine.org/conditions/ards. Accessed December 23, 2020.|

7 Gibson PG, Qin L, Puah SH. COVID-19 acute respiratory distress syndrome (ARDS): clinical features and differences from typical pre-COVID-19 ARDS. Med J Aust. 2020;213(2):54-56.e1. doi:10.5694/mja2.50674

Contacts

INVESTOR RELATIONS:

Eli Goldberger

EOM Pharmaceuticals

elig@eompharma.com
201.351.0605, ext. 2

MEDIA:

Dawn Maniglia

TogoRun

d.maniglia@togorun.com
917.862.5444

Categories
Business

Central Garden & Pet to expand board of directors, nominates two new independent directors, Courtnee Chun and Daniel P. Myers

Company to Add Accomplished Leaders with Diverse Experience to the Board

WALNUT CREEK, Calif.–(BUSINESS WIRE)–Central Garden & Pet Company (NASDAQ: CENT, CENTA) (“Central”), a market leader in the garden and pet industries, today announced that it has nominated two new independent directors, Courtnee Chun and Daniel P. Myers, for election at the Company’s 2021 Annual Shareholder Meeting on February 9, 2021. On that day, Thomas P. Colligan will retire from the Company’s Board of Directors.


Their nomination follows the appointment of Brendan P. Dougher in September 2020, and the retirement of Jack Balousek, who had served on the Central Board of Directors for 19 years and was the Company’s lead independent director.

The Company is pleased to announce that Beth Springer, a veteran of the consumer products industry and Central Board member since 2013, has been appointed lead independent director.

“We would like to thank Jack Balousek and Tom Colligan for their significant contributions to Central Garden & Pet and many years of service on our Board,” said Bill Brown, Chairman of the Board of Central Garden & Pet. “We are pleased to nominate Courtnee Chun and Daniel Myers and look forward to their active participation. I am incredibly excited about the future – including the leadership of our CEO, Tim Cofer, and the new Central to Home strategy, which is a compelling roadmap to create shareholder value. To support our new strategy, we are adding expertise at both the management and Board levels.”

If elected, Ms. Chun and Mr. Myers would join the Company’s Board of Directors immediately after the annual meeting. Together with the Company’s other nominees, Central’s Board would be comprised of eleven directors.

Ms. Chun has more than 20 years of experience in corporate development and portfolio management in the telecommunications, media and technology sectors. She currently serves as Chief Portfolio Officer for Liberty Media Corporation, Qurate Retail, Inc., Liberty TripAdvisor Holdings, Inc. and Liberty Broadband Corporation. As Chief Portfolio Officer, Ms. Chun is responsible for monitoring and enhancing the operating performance of many of the Liberty portfolio companies and is the primary contact for investors, analysts and the press. Before joining Liberty Media in 2008, Ms. Chun served as Vice President Opportunity Development at Level 3 and Chief Financial Officer at New Global Telecom and prior to these roles received extensive transaction experience through corporate development work at FirstWorld Communications and investment banking at JP Morgan. Ms. Chun has broad based experience in a number of industries including eCommerce, media, technology and direct-to-consumer markets and a strong background in M&A, portfolio management and investor relations.

Mr. Myers has more than 40 years of experience in the consumer products industry building very successful global companies. He is currently an Operating Executive for the Carlyle Group and a Senior Fellow at Haslam School of Business at the University of Tennessee teaching as a guest lecturer for both graduate and undergraduate studies. Prior to this, he served for eight years as the Executive Vice President, Global Integrated Supply Chain for Mondelēz International and held the same title at Kraft Foods Inc., the predecessor to Mondelēz International, after joining that company in September 2011. Mr. Myers began his career at The Procter & Gamble Company, spending 33 years in roles across all areas of the supply chain leading global operations. During his career he has lived outside the United States for over 10 years, worked in over 50 countries, managed over 250 manufacturing plants and over 400 distribution centers. Mr. Myers has strong experience launching new brands, building operations in emerging markets and delivering winning, innovation leading major global expansions.

Mr. Dougher, who retired from PricewaterhouseCoopers LLP (“PwC”) on September 30, 2020, held various positions over 36 years, including as Managing Partner of the New York Metro Region of PwC from July 2006 until June 2019 and most recently Managing Partner of the U.S. Cyber Security & Privacy Practice from January 2019 to September 2019. He also served on the extended leadership team of the firm’s U.S. Senior Partner and was elected to the firm’s governing Board of Partners and Principals and chaired its Governance Committee. Mr. Dougher is a Certified Public Accountant and a member of both the New York State and New Jersey State Society of Certified Public Accountants and is also a member of the American Institute of Certified Public Accountants.

About Central Garden & Pet

Central Garden & Pet (NASDAQ: CENT, CENTA) understands that home is central to life and has proudly nurtured happy and healthy homes for over 40 years. With 2020 net sales of $2.7 billion, Central is on a mission to lead the future of the pet and garden industries. The Company’s innovative and trusted products are dedicated to help lawns grow greener, gardens bloom bigger, pets live healthier and communities grow stronger. Central is home to a leading portfolio of more than 65 high-quality brands including Pennington, Nylabone, Kaytee, Amdro and Aqueon, strong manufacturing and distribution capabilities and a passionate, entrepreneurial growth culture. Central Garden & Pet is based in Walnut Creek, California and has over 6,300 employees across North America and Europe. For additional information about Central, please visit the Company’s website at www.central.com.

Contacts

Investor Relations Contact:
Friederike Edelmann

(925) 948-3657

fedelmann@central.com

Media Relations Contact:
Liz Nunan

(925) 878-9465

lnunan@central.com

Categories
For Edit

Will Progressives be kingmakers in the New York mayor’s race?

It’s not yet clear if voters want bold ideas from the left or a leader who can manage the city out of a crisis. Or maybe they want both.

— NYT: Top Stories

Categories
For Edit

President Trump: Unhappy, unleashed and unpredictable

President Trump remains the most powerful man in the world, but powerless to achieve what he most wants to do to avoid leaving office as a loser.

— NYT: Top Stories

Categories
For Edit

Why Israel faces a fourth election in just two years

What to know as Israel gears up for another vote, this time set for March 23.

— NYT: Top Stories

Categories
For Edit

U.S. and Pfizer agree on deal to bolster American vaccine supply

The agreement means the companies will supply a total of 200 million doses, enough to vaccinate 100 million Americans.

— NYT: Top Stories

Categories
For Edit

Cameron Douglas welcomes baby boy with girlfriend Viviane Thibes

The new family of four posed for a photo.

 

— FOX News

Categories
Regulations & Security

‘Cheer’ star Jerry Harris pleads not guilty to felonies in child pornography case

Netflix’s “Cheer” star Jerry Harris has pleaded not guilty to seven crimes in his ongoing child pornography case, Fox News confirmed.

 

— FOX News

Categories
Science

The new Covid variant in the UK: Questions and answers

A newly identified variant of the SARS-CoV-2 virus appears to be more contagious than established ones. But it is not any deadlier, nor does it evade the current vaccines.

— NYT: Top Stories

Categories
For Edit

Bonus: Kara Swisher and Nick Kristof discuss Pornhub and Mastercard

They also discuss the slippery slope from guns to sugary cereals.

— NYT: Top Stories