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Summit's Infectious Diseases Technology Platform Yields Novel Antibiotics with Potential in Global Fight Against Gonorrhoea
[March 13, 2018]

Summit's Infectious Diseases Technology Platform Yields Novel Antibiotics with Potential in Global Fight Against Gonorrhoea


OXFORD, United Kingdom and CAMBRIDGE, Mass., March 13, 2018 (GLOBE NEWSWIRE) -- Summit Therapeutics plc (NASDAQ:SMMT) (AIM:SUMM) announces the discovery of a series of antibiotic compounds that kill gonorrhoea bacteria via new mechanisms of action. There is a pressing need for novel antibiotics targeting gonorrhoea due to increasing antibiotic resistance and a lack of new treatments. Gonorrhoea has been identified as one of three urgent threats by the US Centers for Disease Control and Prevention (‘CDC’), and a high priority pathogen by the World Health Organisation (‘WHO’).

“Without truly novel mechanism antibacterial drugs we cannot address the issue of antimicrobial resistance. Nowhere is this need more obvious than in gonorrhoea, where increasing resistance and a lack of innovation means we are now nearing an era of untreatable disease,” said Dr David Roblin, President of R&D of Summit. “Tackling this disease therefore fits squarely within Summit’s strategic vision: the development of new mechanism therapies designed to treat specific diseases. This approach aims to demonstrate clear advantages over existing standards of care combined with a compelling value proposition for patients, payors and healthcare providers.”

In early testing, the new series of antibiotic compounds has been shown to have high potency against strains of gonorrhoea with no development of resistance to date. The series of antibiotic compounds was identified using Summit’s recently acquired technology platform. Summit intends to select a candidate from the gonorrhoea programme for entering into IND enabling studies in the second half of 2018. The Company believes the identified series of antibiotic compounds has the potential to produce a new front-line therapy for gonorrhoea.

Dr Roblin added, “We believe that these data demonstrate the power of our recently acquired technology platform to design and generate a pipeline of new mechanism antibiotics. This combines perfectly with our development capabilities and expertise already built in advancing ridinilazole, our late-stage precision antibiotic for C. difficile infection.”

About Gonorrhoea
It is estimated by the WHO that there are approximately 106 million new cases of gonorrhoea globally per year. The US CDC reported in 2013 that 30% of new cases are resistant to at least one of the antibiotics currently used to treat gonorrhoea. Further the organism responsible for this infectious disease, Neisseria gonorrhoea, has consistently developed resistance to each class of antibiotics recommended for treatment. In 2006, the CDC recommended five treatment options. There is now only one treatment recommended by the CDC, a combination of two antibiotics. There are currently no other approved antibiotics that can be effectively deployed to target the disease.

About Summit’s Technology Platform
The Summit infectious diseases technology platform combines transposon technology and bioinformatics to create and screen compounds against proprietary pathogen libraries. It can be used to identify new bacterial targets, elucidate mechanisms of action and help generate potential antibiotic candidates that are less susceptible to resistance development. The platform was obtained as part of the acquisition of Discuva Limited in December 2017.

About Summit Therapeutics
Summit is a biopharmaceutical company focused on the discovery, development and commercialisation of novel medicines for indications in rare and infectious diseases for which there are no existing or only inadequate therapies. Summit is conducting clinical programmes focused on the genetic disease Duchenne muscular dystrophy and the infectious disease C. difficile infection. Further information is available at www.summitplc.com and Summit can be followed on Twitter (@summitplc).

Contacts

Summit  
Glyn Edwards / Richard Pye (UK office)Tel:44 (0)1235 443 951
Erik Ostrowski / Michelle Avery (US office) +1 617 225 4455
   
Cairn Financial Advisers LLP (Nominated Adviser)Tel:+44 (0)20 7213 0880
Liam Murray / Tony Rawlinson  
   
N+1 Singer (Joint Broker)Tel:+44 (0)20 7496 3000
Aubrey Powell / Jen Boorer  
   
Panmure Gordon (Joint Broker)Tel:+44 (0)20 7886 2500
Freddy Crossley, Corporate Finance  
Tom Salvesen, Corporate Broking  
   
MacDougall Biomedical Communications (US)Tel:+1 781 235 3060
Karen Sharma ksharma@macbiocom.com
   
Consilium Strategic Communications (UK)Tel:+44 (0)20 3709 5700
Mary-Jane Elliott / Jessica Hodgson /  summit@consilium-comms.com
Philippa Gardner  



Summit Forward-looking Statements

Any statements in this press release about the Company’s future expectations, plans and prospects, including but not limited to, statements about the clinical and preclinical development of the Company’s product candidates, the therapeutic potential of the Company’s product candidates, the potential commercialisation of the Company’s product candidates, the sufficiency of the Company’s cash resources, the timing of initiation, completion and availability of data from clinical trials, the potential submission of applications for marketing approvals and other statements containing the words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "would," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties inherent in the initiation of future clinical trials, availability and timing of data from ongoing and future clinical trials and the results of such trials, whether preliminary results from a clinical trial will be predictive of the final results of that trial or whether results of early clinical trials or preclinical studies will be indicative of the results of later clinical trials, expectations for regulatory approvals, laws and regulations affecting government contracts, availability of funding sufficient for the Company’s foreseeable and unforeseeable operating expenses and capital expenditure requirements and other factors discussed in the "Risk Factors" section of filings that the Company makes with the Securities and Exchange Commission, including the Company’s Annual Report on Form 20-F for the fiscal year ended 31 January 2017. Accordingly, readers should not place undue reliance on forward-looking statements or information. In addition, any forward-looking statements included in this press release represent the Company’s views only as of the date of this release and should not be relied upon as representing the Company’s views as of any subsequent date. The Company specifically disclaims any obligation to update any forward-looking statements included in this press release.


This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (MAR).

-END- 

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