Thursday, 1 December 2016

Eiger Announces Orphan Designation of Exendin 9-39 for Treatment of Non-Insulinoma Pancreatogenous Hypoglycemia Syndrome (NIPHS) from European Medicines Agency (EMA)

PALO ALTO, Calif., Oct. 17, 2016/PRNewswire/ - Eiger BioPharmaceuticals, Inc. (Nasdaq: EIGR), concentrated on the improvement and commercialization of treatments for uncommon ailments, declared today that the European Medicines Agency (EMA) has allowed vagrant assignment to exendin 9-39 for the treatment of non-insulinoma pancreatogenous hypoglycemia disorder (NIPHS). NIPHS portrays a range of gained metabolic issue described by improperly high insulin levels (hyperinsulinemia) and low blood glucose levels (hypoglycemia), which incorporates post-bariatric hypoglycemia (PBH). Eiger is building up a novel subcutaneously managed type of exendin 9-39 for patients who encounter perilously low postprandial (postmeal) blood glucose levels because of PBH, an uncommon and incapacitating issue with no endorsed treatment.

"Stanford analysts have shown movement in two separate clinical verification of-idea concentrates, first utilizing an intravenous imbuement of exendin 9-39 and all the more as of late utilizing subcutaneous infusion of exendin 9-39 in patients with PBH. Exendin 9-39 avoided hypoglycemia and related side effects amid oral glucose resistance testing in patients with PBH," said David Cory, President and CEO of Eiger. "A critical neglected therapeutic need exists and exendin 9-39 speaks to the main potential focused on treatment for patients experiencing PBH. A stage 2 different climbing measurements (MAD) investigation of subcutaneously infused exendin 9-39 in PBH patients is presently selecting at Stanford and we anticipate reporting comes about."

About Insulin, GLP-1, and Exendin 9-39

Insulin is the primary physiologic hormone discharged to control high blood glucose levels. Anomalous increments in insulin discharge can prompt to significant hypoglycemia (low glucose), an express that can bring about critical morbidities, including seizures, cerebrum harm, and trance state. GLP-1 is a gastrointestinal hormone that is discharged postprandially from the intestinal L-cells. GLP-1 ties to GLP-1 receptors on the beta cells of the pancreas and builds the arrival of insulin. In patients with PBH, GLP-1-intervened insulin discharge is uselessly overstated.

Exendin 9-39 is a 31-amino corrosive peptide that specifically targets and squares GLP-1 receptors, normalizing insulin discharge by the pancreas, and along these lines lessening postprandial hypoglycemia. Exendin 9-39 is being researched as a novel treatment for PBH. A treatment that securely and adequately mitigates insulin-prompted hypoglycemia can possibly address a critical neglected remedial requirement for certain uncommon therapeutic conditions connected with hyperinsulinism. Exendin 9-39 has never been endorsed or popularized for any sign. The long haul adequacy and security of exendin 9-39 has not yet been built up. More data on exendin 9-39 clinical trials might be found at www.clinicaltrials.gov.

About Post-Bariatric Hypoglycemia (PBH)

Roughly 150,000-200,000 bariatric surgical methods are played out every year in the United States, and another 100,000 are played out every year in Europe. The evaluated pervasiveness of PBH is ~ 30,000 in the United States and ~ 25,000 in the European Union. As the quantity of bariatric surgeries to treat corpulence and related comorbidities has expanded, so too has the quantity of people who encounter PBH, with side effects regularly creating 12 to year and a half after surgery. PBH can happen with a scope of seriousness in post-bariatric surgery patients. Gentle to direct hypoglycemia might be overseen to a great extent through dietary sugar confinement. Extreme hypoglycemia is more normal in patients who have experienced a Roux-en-Y methodology, which can bring about stubborn postprandial hyperinsulinemic hypoglycemia prompting to pulverizing neuroglycopenic results, for example, loss of cognizance, seizures, unconsciousness, or demise. Extreme PBH can incapacitate with a critical negative effect on personal satisfaction. There is no endorsed pharmacologic treatment.

About Eiger

Eiger is a clinical-arrange biopharmaceutical organization focused on conveying to market novel items for the treatment of uncommon sicknesses. The organization has assembled an assorted arrangement of very much portrayed item hopefuls with the possibility to address illnesses for which the neglected therapeutic need is high, the science for treatment is distinguished, and for which a powerful treatment is direly required.

Note Regarding Forward-Looking Statements

This official statement contains forward-looking proclamations that include significant dangers and vulnerabilities. All announcements, other than explanations of verifiable truths, incorporated into this official statement in regards to our system, future operations, future money related position, future income, anticipated costs, prospects, arrangements and targets, goals, convictions and desires of administration are forward-looking proclamations. These forward-looking articulations might be joined by such words as "foresee," "accept," "could," "evaluate," "expect," "conjecture," "mean," "may," "arrange," "potential," "venture," "target," "will" and different words and terms of comparative significance. Cases of such explanations incorporate, yet are not restricted to, regardless of whether pegylated interferon lambda-1a or lonafarnib or ubenimex or exendin 9-39 might be further created and affirmed, whether stage 2 investigations of exendin 9-39 will demonstrate wellbeing and action reliable with early clinical outcomes, articulations identifying with the accessibility of money for Eiger's future operations, Eiger's capacity to build up its medication possibility for potential commercialization, the planning of the beginning and number and finishing of Phase 2 trials and whether the items can be effectively created or marketed. Different critical elements could bring about genuine outcomes or occasions to vary tangibly from the forward-looking explanations that Eiger makes, incorporating the dangers portrayed in the "Hazard Factors" areas in the Annual Report on Form 10-K for the period finished December 31, 2015 and our intermittent reports recorded with the Securities and Exchange Commission. We accept no commitment to overhaul any forward-looking explanations, aside from as required by law.

Financial specialists: Andrew McDonald LifeSci Advisors, LLC, 646-597-6987, andrew@lifesciadvisors.com

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