Issuer: Berlin Cures Holding AG / Key word(s): Study/Personnel 03.07.2023 / 09:00 CET/CEST The issuer is solely responsible for the content of this announcement. Berlin Cures starts Long COVID Phase II Trial – first patients admitted Dr. Axel Mescheder appointed Chief Medical Officer Berlin, Germany, 03 July 2023 – Berlin Cures, a biotechnology company specialized in neutralizing functional autoantibodies (fAABs), has officially started its Phase II clinical trial in the indication Long COVID. The first patients were admitted in the study at Münster University Hospital and Havelhöhe Hospital, with several other trial sites expected to follow. The start of the Phase II clinical trial marks an important milestone in the further development of Berlin Cures’ lead drug candidate BC 007. The substance functions similarly to an antibody, binding and neutralizing harmful fAABs. Thereby it can potentially cure the root cause of different autoimmune diseases. The current clinical trial will provide meaningful and robust results on the efficacy and tolerability of BC 007 in patients suffering from Long COVID. If positive results are obtained, it will provide the necessary basis for a larger Phase III study that is required for the approval of BC 007. First results of the Phase II trial are expected in early 2024. Berlin Cures today also welcomes Dr. Axel Mescheder as its new Chief Medical Officer (CMO). With more than 30 years of experience in the industry, Dr. Mescheder will be responsible for the clinical development of BC 007. Dr. Axel Mescheder, CMO Berlin Cures
“We are delighted to welcome Dr. Axel Mescheder at this important time,” said Oliver von Stein, CEO of Berlin Cures. “As CMO, he will be a driving force behind Berlin Cures’ efforts to bring relief and a cure to patients suffering from fAAB-associated diseases. Together, we will work towards transforming our platform technology into a therapeutic solution for millions of patients.” Dr. Axel Mescheder has a successful track record of more than 30 years in the pharmaceutical, CRO and biotechnology industry. He previously held various senior management and C-level positions at SynOx Therapeutics, Medpace and TopoTarget and was responsible for several clinical development programs leading to successful product registrations or label extensions in both Europe and the United States. Dr. Mescheder is a board-certified M.D. from the University of Kiel (Germany), with a medical license and full specialization in Pharmacology and Toxicology. “Berlin Cures’ platform technology holds the potential to effectively treat multiple autoimmune diseases by targeting fAABs as their root cause. I am honored to support Berlin Cures in this promising endeavor in my new role as Chief Medical Officer,” said Dr. Axel Mescheder. “With the inclusion of patients in the clinical Phase II trial in Long COVID, we are jointly taking the next important step to advance the development of BC 007.” About Berlin Cures: Starting in June 2023, Berlin Cures is absolving a Phase II clinical trial with BC 007 in the indication Long COVID, an acute and escalating global health problem, to obtain meaningful and robust results on efficacy and tolerability of BC 007 with patients suffering from Long COVID. Contact: Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
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