Monday, 9 January 2017

Xenon Pharmaceuticals Outlines Key Milestones for 2017

BURNABY, British Columbia, Jan. 08, 2017 (GLOBE NEWSWIRE) - Xenon Pharmaceuticals Inc. (Nasdaq:XENE), a clinical-arrange biopharmaceutical organization, today plot its expected key corporate points of reference for 2017.

Dr. Simon Pimstone, Xenon's President and Chief Executive Officer, said, "As we enter 2017, these forthcoming quarters speak to the most information rich period in our history. We are anticipating various critical affectation focuses for our organization: we expect topline information from our XEN801 Phase 2 clinical trial for direct to serious skin break out; we foresee our teammate, Genentech, will propel its Nav1.7 torment program into Phase 2; and, we anticipate a topline information read-out from the Phase 2b clinical trial of TV-45070 in post-herpetic neuralgia being led by our associate, Teva. We additionally hope to propel a novel Nav1.6 inhibitor, which is a potential treatment for epilepsy, into toxicology studies to bolster an IND documenting in the not so distant future. Each of these key points of reference can possibly meaningfully affect the development of our organization."

Foreseen Milestones

XEN801 is a topical stearoyl Co-A desaturase-1, or SCD1 inhibitor, being produced for the treatment of direct to serious skin break out. By focusing on a decrease in the size and number of sebaceous organs, in this way diminishing sebum creation, Xenon trusts XEN801 is a promising, novel treatment for skin break out, which could be better endured and without the genuine symptoms that frequently constrain the utilization of presently endorsed retinoid medicines.

Enlistment of 165 subjects is presently total in the XEN801 Phase 2 clinical trial, which is a randomized, twofold visually impaired, multi-focus, vehicle-controlled, parallel-aggregate review intended to assess the viability, wellbeing, decency and systemic presentation of XEN801 for the treatment of direct to extreme facial skin break out. Patients apply a gel definition of XEN801 (or vehicle fake treatment) topically to their face for 12 weeks with a 4-week development. The essential adequacy endpoint is the percent change altogether (fiery and non-provocative) sore number from gauge to week 12. Auxiliary endpoints incorporate adequacy evaluations of provocative as well as non-incendiary sore tallies and Investigator's Global Assessment (IGA) measures. Topline comes about because of the XEN801 Phase 2 clinical trial are normal in the last part of the main quarter of 2017.

Television 45070 is a topical sodium station inhibitor being produced in a joint effort with Xenon's accomplice, Teva Pharmaceutical Industries Ltd., for the treatment of neuropathic agony. Teva is as of now leading a randomized, twofold visually impaired, fake treatment controlled Phase 2b clinical trial of TV-45070 in patients with post-herpetic neuralgia, with topline comes about expected in mid-2017.

Xenon's colleague Genentech, an individual from the Roche Group, has finished two Phase 1 clinical trials for GDC-0276 and GDC-0310, which are both oral, particular Nav1.7 little particle inhibitors. Genentech has demonstrated that it plans to center its continuous advancement endeavors around GDC-0310. Pending a full evaluation of the clinical outcomes and continuous in vivo thinks about, Genentech expects starting a Phase 2 clinical trial in 2017 for the potential treatment of torment.

Xenon has distinguished a medication advancement hopeful inside its Nav1.6 program, which is centered around building up a strong, particular Nav1.6 inhibitor for the treatment of uncommon puerile epileptic encephalopathies and different types of epilepsy. Specific Nav1.6 inhibitors have shown viability for seizures in a creature model of Nav1.6 pick up of-capacity SCN8A epilepsy. Furthermore, Xenon has produced preclinical information, which bolster the treatment of grown-up fractional onset epilepsy with intense, particular Nav1.6 inhibitors. Xenon hopes to record an investigational new medication (IND) application in the final quarter of 2017.

About Xenon Pharmaceuticals Inc.

Xenon is a clinical-organize biopharmaceutical organization finding and building up a pipeline of separated therapeutics for vagrant signs that it plans to popularize all alone and for bigger market signs that the organization means to collaborate with worldwide pharmaceutical organizations. Xenon has manufactured a center empowering disclosure stage, alluded to as Extreme Genetics, for the revelation of approved medication focuses by concentrate uncommon human maladies with extraordinary characteristics, including illnesses brought about by changes in particle channels, known as channelopathies. Xenon's Extreme Genetics stage has yielded the initially affirmed quality treatment item in the European Union and an expansive improvement pipeline and numerous pharmaceutical organizations, incorporating with Teva and Genentech. For more data, please visit www.xenon-pharma.com.

Safe Harbor Statement

This official statement contains forward-peered articulations inside the importance of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995 and Canadian securities laws. These forward-looking articulations are not in light of recorded actuality, and incorporate explanations in regards to our capacity to accomplish breakthroughs in both our restrictive and banded together improvement programs, the foreseen timing of the read out of topline results from the Phase 2 clinical trial of XEN801, the expected planning of IND entries with administrative offices, the start of future clinical trials, the planning of and results from our and our associates' continuous clinical trials and pre-clinical advancement exercises, the arrangements of our coordinated effort accomplices and their communications with administrative offices, the potential viability, future advancement arrangements and business capability of our and our teammates' item competitors and the advance and capability of progressing improvement programs. These forward-looking proclamations depend on current suppositions that include dangers, vulnerabilities and different components that may bring about the real outcomes, occasions or improvements to be physically not quite the same as those communicated or suggested by such forward-looking articulations. These dangers and instabilities, huge numbers of which are outside our ability to control, incorporate, however are not constrained to: clinical trials may not exhibit wellbeing and viability of any of our or our colleagues' item applicants; our Extreme Genetics revelation stage or continuous coordinated efforts may not yield extra item competitors; any of our or our partners' item hopefuls may bomb being developed, may not get required administrative endorsements, or might be postponed to a point where they are not financially reasonable; we may not accomplish extra breakthroughs in accordance with our cooperation understandings; the effect of rivalry; the effect of extended item improvement and clinical exercises on working costs; antagonistic conditions in the general residential and worldwide monetary markets; and additionally alternate dangers distinguished in our filings with the Securities and Exchange Commission and the securities commissions in British Columbia, Alberta and Ontario. These forward-looking articulations talk just as of the date in this regard and we expect no commitment to upgrade these forward-looking explanations, and perusers are forewarned not to place undue dependence on such forward-looking proclamations.

"Xenon," the Xenon logo, and "Extraordinary Genetics" are enlisted trademarks or trademarks of Xenon Pharmaceuticals Inc. in different wards. Every single other trademark have a place with their individual proprietor.

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