Faron Pharmaceuticals - Innovative medical solutions (Part 2)

Zeidanin ASH-absrakti:

Bexmarilimab combined with azacitidine in higher-risk MDS: Overall survival results of the bexmab phase 1/2 study

Amer M. Zeidan, MD,
Disclosure: Please see Session Details (link below).

Introduction

Hypomethylating (HMA) agents, including azacitidine (AZA) are the standard of care for higher-risk myelodysplastic syndrome (HR MDS), including the very high risk subgroup of TP53 mutated (mTP53) disease. Frontline AZA treatment results in complete remission (CR) rate of 15-20% regardless of TP53 status, but mTP53 HR MDS and especially biallelic mTP53 disease is associated with shorter responses and inferior outcomes. Median event-free survival (EFS) and overall survival (OS) in treatment-naïve (TN) mTP53 HR MDS have been reported to be 4-5.5mo (wtTP53 8-11mo) and 8-10mo (wtTP53 15-24mo), respectively (Murthy et al. EHA2026, Urrutia et al. 2026, Sallman et al. 2026). To date, novel combinations, such as venetoclax+AZA, have failed to improve outcomes in HR MDS including mTP53 disease. Bexmarilimab (BEX) is a macrophage checkpoint inhibitor targeting Clever-1, promoting haematopoiesis, enhancing antigen presentation, and stimulating cytotoxic T cell activity within the BM. By reprogramming the dysregulated BM immune microenvironment, BEX may enhance the efficacy of HMA therapy and improve the outcomes in HR MDS, including mTP53 disease.

Aims

The Phase 1/2 (Ph1/2) BEXMAB study investigated safety, tolerability and efficacy of BEX in combination with standard-of-care AZA in HR MDS, including mTP53 disease in TN and HMA relapsed/refractory (r/r) populations.

Methods

Twenty-one TN and 34 HMA r/r MDS patients have been recruited in the BEXMAB study. Key inclusion criteria include indication for AZA treatment with IPSS-R risk score >3, and for r/r population, failure to achieve response after 4 cycles or disease progression during treatment with HMA or HMA containing regimens. BEX (1, 3 or 6mg/kg) was administrated weekly in 28-day cycles, in combination with a standard regimen of azacitidine (75 mg/m2 D1-7 each cycle). BM responses were assessed per IWG2006 (investigator assessment) and IWG2023 (central assessment) criteria. Mutations were assessed locally and IPSS-M risk scores derived centrally based on available data. From the TN patients, 48% (10/21) had mTP53 of whom 60% had a biallelic mutation. Whereas per IPSS-R 38% of patients were in the Very High risk group, the proportion increased to 57% of Very High risk when evaluated by IPSS-M. From the r/r MDS populations, 44% (15/34) were Very High risk (IPSS-R) and 41% were mTP53, of which 57% had a biallelic mutation. MRD negativity was assessed locally by available method(s). Response rates, EFS (progression, leukemic transformation or death), and OS data are reported here.

Results

The safety profile of BEX added to the standard regimen of AZA in HR MDS appeared comparable to AZA monotherapy, with 59% of Gr3 or above treatment-emergent adverse events (TEAE) being haematological. None of the four observed Gr5 TEAEs were BEX-related (per investigator assessment). Rates of neutropenia and febrile neutropenia were 47.3% and 32.7%, respectively, with no prophylactic antibiotics administrated. 21.3% of patients had a TEAE leading to AZA withdrawal. BEX+AZA shows encouraging preliminary efficacy among the 20 evaluable TN HR MDS patients, with 85% (17/20) overall response rate (ORR), 45% (9/20) CR rate (IWG2006), 41% (7/17) CR+CReq rate (17 pts evaluable per IWG2023), median duration of CR of 16.1mo and 67% MRD negativity among CR responders (by local flow cytometry). CR rate among mTP53 was 70% with median duration of CR of 8.1mo. 71% of the mTP53 CRs were MRD negative and the median duration of CR was not reached in these patients. Median EFS was 9.4mo and 14.5mo in TN mTP53 and wtTP53 patients, respectively. After a median follow-up of 15 mo, the 12-month OS rate was 40% in mTP53 and 70% in wtTP53. In subgroup analysis, median OS has not been reached in wt and monoallelic mTP53 cohorts. For patients with biallelic mTP53, the median OS was 8.8 months with the median OS of the total population being 12.1 mo.

In the 33 evaluable r/r MDS with previous failure to HMA, BEX+AZA shows promising efficacy with an ORR of 64% (CR+PR 12%, IWG2006). Median OS was 18.7mo for wtTP53, 10.9 mo for monoallelic and 7.5 mo for biallelic mTP53 r/r MDS patients with the mOS of the total population being 11.2 mo.

Conclusion

BEX+AZA demonstrates good safety profile and promising efficacy in treatment-naïve and r/r HR MDS, including molecularly high-risk patients, supporting further the planned BEXERA Phase 2b randomized trial. Full data from November 2026 data-cut will be presented.

11 Likes

Mickos:

Baseline T-cell states and hematopoietic remodeling predict response to bexmarilimab plus azacitidine in high-risk Myelodysplastic Syndromes

Jesper Mickos, MS,
Disclosure: Please see Session Details (link below).

Background:

High-risk myelodysplastic syndromes (MDS) are clonal hematopoietic malignancies with limited treatment options, particularly after failure of hypomethylating agents (HMAs). Clever-1 is an immunosuppressive scavenger receptor expressed on monocytes, macrophages, endothelial cells, and malignant myeloid blasts. Bexmarilimab, a humanized anti-Clever-1 antibody, promotes myeloid immune activation, neutralizes soluble Clever-1-mediated immunosuppression, and enhances hematopoietic regeneration in preclinical models. In the ongoing BEXMAB trial (NCT05428969), bexmarilimab combined with azacitidine has demonstrated encouraging efficacy in both frontline high-risk and relapsed/refractory (r/r) MDS. However, the immune mechanisms underlying clinical responses remain incompletely defined.

Aims:

To identify immune and hematopoietic changes associated with clinical response to bexmarilimab plus azacitidine and define baseline biomarkers predictive of treatment benefit.

Methods:

Multiparameter flow cytometry was performed on bone marrow mononuclear cells from 16 frontline and 15 r/r MDS patients enrolled in the BEXMAB trial. Longitudinal immune profiling was correlated with clinical response. In parallel, single-cell RNA sequencing will be expanded to 32 patients, including serial samples from 12 patients, to validate and extend these findings.

Results:

Responding patients demonstrated evidence of hematopoietic remodeling during therapy. Erythroid cells expanded after one treatment cycle (median increase 38.9%, P=0.022), while basophil-lineage cells increased after three cycles (median increase 87.8%, P=0.026). Conversely, granulocyte-monocyte progenitor-like cells (median decrease 38%, P=0.011), monocytes (median decrease 63%, P=0.005), and total Clever-1+ cells (median decrease 19.7%, p=0.013) declined after three cycles, consistent with a shift away from myeloid-biased hematopoiesis.

Baseline T-cell composition was strongly associated with complete remission among frontline patients. Complete responders exhibited higher frequencies of CD4+ central memory T cells (median 38.6% vs. 23.6% in other responders, P=0.03) and CCR7+ CD8+ T cells, including naïve and central memory subsets (median 68.9% vs. 15.4% in non-responders, P=0.0055), together with lower frequencies of CD8+ TEMRA cells (median 16.4% vs. 44.8%, P=0.045), including Granzyme B high TEMRA cells. During treatment, responding patients showed reduced TIM-3 expression on CD4+ T cells (median decrease 41.1%, P=0.003) and increased frequencies of CD226+ CD4+ T cells (median increase 10.5%, P=0.003), consistent with enhanced T-cell activation.

Conclusions:

Bexmarilimab plus azacitidine induces coordinated remodeling of hematopoiesis and adaptive immunity in responding MDS patients. A baseline immune landscape enriched for central memory T cells and depleted of terminally differentiated CD8+ TEMRA cells is associated with complete remission, suggesting that pre-existing immune fitness influences therapeutic efficacy. Ongoing single-cell analyses provide mechanistic insight into response and may support biomarker-driven patient selection.

10 Likes

Hollmén:

Clever-1 is a previously unrecognized checkpoint of hematopoietic stem cell regeneration

Maija Hollmén, PhD,
Disclosure: Please see Session Details (link below).

Background: Chemotherapy-induced myelosuppression remains the major dose-limiting toxicity of cancer therapy, yet no targeted therapy directly promotes hematopoietic regeneration. Clever-1 (STAB1), a scavenger receptor best known for its immunosuppressive role in macrophages, is targeted by the anti-Clever-1 antibody bexmarilimab, currently in clinical trials for myeloid malignancies. Whether Clever-1 regulates hematopoiesis has not been investigated.

Results: We identified Clever-1 expression in murine multipotent progenitors, common lymphoid progenitors, and bone marrow sinusoidal endothelial cells. Analysis of human single-cell datasets demonstrated STAB1 expression in a subset of CD34+ hematopoietic stem and progenitor cells (HSPCs), enriched for transcriptional programs associated with stem cell self-renewal. STAB1 expression was induced by inflammatory stimulation, identifying Clever-1 as an inflammation-responsive receptor on human HSPCs.

To determine its functional role, we performed single-cell RNA sequencing of bone marrow following prolonged anti-Clever-1 treatment. Clever-1 blockade suppressed quiescence-associated immediate-early response programs while inducing MYC- and E2F-driven proliferation in long-term HSCs. Granulocyte-macrophage progenitors upregulated mitotic programs, accompanied by transcriptional features consistent with emergency granulopoiesis.

These molecular changes translated into enhanced hematopoietic output. Clever-1 knockout mice exhibited increased steady-state platelet counts despite normal platelet lifespan and activation, indicating enhanced platelet production rather than altered clearance. Consistently, Clever-1-deficient bone marrow generated more multilineage colonies and nearly six-fold more megakaryocyte progenitors ex vivo, findings reproduced by bexmarilimab treatment of human cord blood CD34+ cells.

Following myeloablative injury with 5-fluorouracil, both genetic deletion and antibody-mediated blockade of Clever-1 accelerated recovery of multiple hematopoietic populations. Anti-Clever-1 treatment similarly enhanced platelet regeneration after antibody-induced thrombocytopenia, demonstrating improved hematopoietic recovery across independent injury models.

Conclusions: We identify Clever-1 as a previously unrecognized regulator of hematopoietic stem and progenitor cells that restrains regenerative hematopoiesis. Genetic deletion or antibody-mediated blockade releases this checkpoint, promoting stem cell activation, megakaryopoiesis, and recovery following hematopoietic injury. Given that bexmarilimab is already in clinical development for MDS and AML, these findings reveal a dual mechanism whereby Clever-1 blockade may simultaneously enhance anti-tumor immunity and accelerate hematologic recovery, supporting its development as a regenerative therapy for treatment-induced myelosuppression.

15 Likes

This really came out of left field. Science is happening. In addition to mice, functional effects on human cells with Bex. Provides a solid mechanistic explanation if we see better hematopoiesis with Bex than with placebo in BEXERA, as long as it doesn’t support malignant stem cells. The results do speak against that concern, though. Likewise, in BEXAR after chemotherapy, we’ll see if those who received Bex differ from placebo in terms of blood formation.

10 Likes

Apparently, these results hardly interest investors, at least. Old news & at a preliminary stage, I would assume. What do the experts think – do the results have any economic value tomorrow?

3 Likes

The results show that the train keeps chugging along. Investing in drug development probably requires Warren Buffett-level nerves.
Once it looked like Macrophages are undruggable just like RAS gene.

9 Likes

I asked AI—which I’m not really a fan of in the first place—and it told me that drug development costs around €1–3 billion. That’s probably for a single candidate for a single indication, without knowing the AI’s algorithms. Faron has now put maybe around €150–200 million of investors’ money into Bex and we’re already this far along, and potentially for multiple indications. Maybe that says something about how efficient Faron has been, about the grit of our people, and how incorrectly the market here evaluates the value of companies like this compared to, say, the US.