Acucela And Otsuka Pharmaceutical Announce The Initiation Of A Phase 1/2 Clinical Trial For OPA-6566 In Patients With Open-Angle Glaucoma Or Ocular Hypertension

BUSINESS WIRE

Adenosine A2a receptor agonist; new mechanism of action not seen in conventional glaucoma medications

SEATTLE & TOKYO, Sep 13, 2011 (BUSINESS WIRE) -- Acucela Inc., a clinical-stage biotechnology company focused on developing new treatments for blinding eye diseases, and Otsuka Pharmaceutical Co., Ltd., today announced the initiation of a Phase 1/2 clinical trial for OPA-6566. OPA-6566, an adenosine A2a receptor agonist, is being developed as an ophthalmic solution to reduce intraocular pressure in open-angle glaucoma (OAG) or ocular hypertension patients. OPA-6566 was discovered by Otsuka.

The compound offers a new mechanism of action not seen in conventional glaucoma medications, and has demonstrated the ability to lower intraocular pressure by stimulating aqueous humor outflow via trabecular meshwork by activation of the adenosine A2a receptor.

Glaucoma is a type of progressive or chronic optic neuropathy caused by factors of unknown origin but generally associated with elevated intraocular pressure. Persons affected with glaucoma experience gradual loss of vision over a long period of time. As lost vision cannot be recovered, continuous control of intraocular pressure is necessary for the rest of the patient's life. For this reason, safe drugs that lower intraocular pressure are needed.

Estimates projected that in 2010 there would be 60.5 million people with OAG and angle closure glaucoma (ACG), and that number was expected to increase to 79.6 million by 2020. Bilateral blindness was expected to be present in approximately 4.5 million people with OAG and 3.9 million people with ACG in 2010, and was expected to rise to 5.9 and 5.3 million people in 2020, respectively.(1)

"We believe the demand for better glaucoma treatments is great; and we are excited to advance this compound to the clinical stage just one year after signing our agreement with Otsuka Pharmaceutical," said Ryo Kubota, M.D., Ph.D., chairman, president, and chief executive officer, Acucela Inc. "Today's announcement is in line with our strategy to develop leading-edge therapies for blinding eye diseases."

About the OPA-6566 Phase 1/2 Clinical Trial

The trial will be conducted at clinical sites in the United States in patients with open-angle glaucoma or ocular hypertension and will test for safety, tolerability and the IOP-lowering effects of OPA-6566. The trial is designed as a first-in-human, randomized, multi-center, investigator-masked, placebo- and active-controlled, dose-escalation study with 28 days of treatment in patients with open-angle glaucoma or ocular hypertension.

About the Otsuka Pharmaceutical/Acucela OPA-6566 Agreement

Under the September 2010 agreement, Otsuka will contract Acucela to perform early clinical development of OPA-6566 in the United States and will grant Acucela an opt-in right to co-develop and co-promote the compound. In the event and after Acucela exercises the opt-in right, Otsuka and Acucela will co-develop the compound, share the cost incurred, and co-promote the resulted product in the United States after regulatory approval. Upon Acucela exercising its opt-in right, Otsuka will receive a pre-determined opt-in fee and milestone payments.

About Acucela Inc.

Acucela Inc. ( www.acucela.com ) is a clinical-stage biotechnology company focused on leveraging promising science in visual cycle modulation (VCM) to develop new methods for treating blinding eye diseases that affect tens of millions of people worldwide. The Company's orally delivered VCM compounds, which selectively target cells within the retina to protect visual acuity, have the potential to treat several devastating eye diseases, including dry AMD, for which there is currently no treatment options, retinopathy of prematurity, Stargardt disease and diabetic retinopathy. ACU-4429 for dry AMD is being co-developed by Acucela and Otsuka Pharmaceutical Co., Ltd. in North America, and the companies are also co-developing rebamipide for dry eye and OPA-6566 for glaucoma in the United States. Acucela was founded by Ryo Kubota, M.D., Ph.D., a pioneer in ophthalmology and the discoverer of the gene that causes glaucoma.

About Otsuka Pharmaceutical

Founded in 1964, Otsuka Pharmaceutical Co., Ltd. is a global healthcare company with the corporate philosophy: 'Otsuka-people creating new products for better health worldwide.' Otsuka researches, develops, manufactures and markets innovative and original products, with a focus on pharmaceutical products for the treatment of diseases and consumer products for the maintenance of everyday health. Otsuka is committed to being a corporation that creates global value, adhering to the high ethical standards required of a company involved in human health and life, maintaining a dynamic corporate culture, and working in harmony with local communities and the natural environment.

Otsuka Pharmaceutical Co., Ltd. is a wholly owned subsidiary of Otsuka Holdings Co., Ltd., the holding company for the Otsuka Group. The Otsuka Group has business operations in 23 countries and regions around the world, with consolidated sales of JPY 1,090.2 billion for fiscal year 2010.

(1) The number of people with glaucoma worldwide in 2010 and 2020, HA Quigley, AT Broman Br J Ophthalmology 2006; 90:262--267.

  • <<
  • >>

Comments