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Tissue implant potentially accelerates recovery and reduces pain through proprietary process.
June 28, 2017
By: Histogenics Corporation
Histogenics Corporation, a regenerative medicine company focused on developing and commercializing products in the musculoskeletal space, has completed patient enrollment in its NeoCart Phase 3 clinical trial. Histogenics expects to report top-line one-year superiority data in the third quarter of 2018, followed by a potential Biologics License Application (BLA) filing. “We are proud to have completed enrollment in the largest prospectively designed, randomized clinical trial evaluating the safety and efficacy of a cellular therapy to treat knee cartilage defects,” said Gloria Matthews, chief medical officer of Histogenics. “There is a substantial need for novel treatment options for knee cartilage damage, such as NeoCart, that have the potential to provide effective pain relief and restore function.” The randomized Phase 3 clinical trial is designed to evaluate the safety and efficacy of NeoCart in 245 patients compared to microfracture, the current standard of care for the treatment of articular cartilage defects. The primary endpoint of the trial is a dual-threshold responder analysis measuring the improvement in the pain and function of each patient treated with NeoCart compared to those treated with microfracture one year after treatment. The Phase 3 clinical trial design and primary endpoint is based on Histogenics’ 30-patient Phase 2 clinical trial that demonstrated highly statistically significant superiority results of NeoCart compared to microfracture at one year. “Our recent market research confirmed that this market is largely underserved due to the lack of rapid, yet durable therapies that treat the underlying problem with one-third of surgeons unsatisfied with the current treatment options. As a result, two-thirds or more of the patients who suffer from knee cartilage injuries remain untreated, due to the variable outcomes and lengthy rehabilitation associated with existing treatments, often leading to debilitating osteoarthritis. Specifically, patients with defects that are smaller than four centimeters in size, which we believe represent the large majority of the market, are less likely to receive surgical treatment in part due to the low satisfaction with and poor outcomes of existing treatments. Against this background, we believe NeoCart could expand the market by meeting the needs of both patients and surgeons with a product that can potentially deliver rapid pain relief and superior one year clinical outcomes utilizing a quick and simple surgical procedure,” stated Adam Gridley, president and CEO of Histogenics. “We are now focused on delivering our one-year superiority data by the end of the third quarter of 2018, submitting our BLA to the FDA shortly thereafter and, if approved, launching NeoCart in the second half of 2019.” Histogenics recently conducted market research surveys in Japan and the United States to better characterize the target market for NeoCart based on the expected features and benefits of NeoCart, if approved following the Phase 3 clinical trial. Specifically, there were two market research studies recently performed to further define the United States market opportunity for knee cartilage repair. One study was conducted by a third party and the second by Histogenics. In total, almost 100 orthopedic and sports medicine surgeons were interviewed. The findings from both studies were consistent and are summarized below:
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