Current Report Filing (8-k)
June 15 2023 - 9:18AM
Edgar (US Regulatory)
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2023-06-14
2023-06-14
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
June 14, 2023
Eloxx Pharmaceuticals, Inc.
(Exact name of registrant as specified
in its charter)
Delaware |
|
001-31326 |
|
84-1368850 |
(State or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(I.R.S. Employer
Identification No.) |
480
Arsenal Way, Suite 130, Watertown, MA |
|
02451 |
(Address of principal executive offices) |
|
(Zip Code) |
(Registrant’s telephone number,
including area code): (781) 577-5300
N/A
(Former name or former address, if changed
since last report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered
pursuant to Section 12(b) of the Act:
Title
of each class |
Trading
Symbol(s) |
Name of each exchange on which
registered |
Common Stock, $0.01 par value per share |
ELOX |
The Nasdaq Capital Market |
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging
growth company ¨
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
On June 14, 2023, Eloxx Pharmaceuticals, Inc.
(the “Company” or “our”) announced the final data assessment from the Phase 2 clinical trial of ELX-02 in combination
with ivacaftor in Class 1 Cystic Fibrosis (“CF”) patients with at least one nonsense mutation. The Phase 2 combination
clinical trial of ELX-02 was designed to evaluate safety and assess biological activity in G542X nonsense mutation Class 1 CF patients
as monotherapy and in combination with ivacaftor after 5 weeks of treatment. Interim topline results from 11 evaluable patients were reported
in September 2022. In the final assessment of 13 evaluable patients, ELX-02 demonstrated clinically relevant improvement in ppFEV1.
The final data assessment includes a reanalysis using change in ppFEV1 from Day 1 instead of baseline, as multiple patients experienced
disease progression between screening and dosing. The clinical improvement of ELX-02 in CF study bolsters the Company’s recently
announced results in Phase 2 Alport syndrome trial, further supporting the decision to advance into a pivotal trial in Alport syndrome.
| · | 6 of 13 patients entered trial from monotherapy arm (after
average 463 days) and had a decrease in lung function (annualized -4.26% reduction in ppFEV1) due to disease progression. |
| · | Treatment with ELX-02 stabilized disease overall and resulted
in a clinically relevant increase in ppFEV1 in 6 of 13 patients (which we refer to as Responders) based on change in ppFEV1 at the end
of treatment at Day 35 compared to the start of treatment at Day 1. |
| · | At the safety follow up evaluation, done 28 days following
the end of treatment, a decrease in ppFEV1 was observed on average across the 13 patients compared to the end of treatment at day 35.
All patients that had an increase in ppFEV1 at the end of treatment on day 35 had a decline in their ppFEV1 at the 28 day safety follow
up. |
Number of patients | |
Change in ppFEV1 (%) at end of treatment at Day 35 vs Day 1 | | |
Change in ppFEV1 (%) at 28-day Safety follow up vs
end of treatment at Day 35 | |
Overall, n=13 | |
| -0.31 | % | |
| -2.69 | % |
Responders, n=6 | |
| +2.83 | % | |
| -5.83 | % |
| · | Previously reported topline data from 11 patients showed
evidence of activity, as patients with higher baseline sweat chloride levels demonstrated increased responses as indicated by SCC (p=0.00013
at Day 35). |
| · | ELX-02 was generally well tolerated in the trial, with no
treatment-related serious adverse events noted. |
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Date: June 15, 2023 |
ELOXX PHARMACEUTICALS, INC. |
|
|
|
|
|
By: |
/s/ Sumit Aggarwal |
|
Name: |
Sumit Aggarwal |
|
Title: |
President and Chief Executive Officer |
Eloxx Pharmaceuticals (NASDAQ:ELOX)
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