NEW YORK, July 22, 2015 /PRNewswire/ --
ACI Association has initiated research coverage on Receptos, Inc. (NASDAQ: RCPT). Select highlights from the internally released reports are being made available to the general public (included below), with access to the entirety of the research available to new members.
Today, membership is open to readers on a complementary basis at the following URL: http://www.aciassociation.com/?c=RCPT
Highlights from our RCPT Report include:
- Positive Results for the Maintenance period of Clinical Trial - On April 16, 2015, Receptos, Inc. reported positive results for the maintenance period of TOUCHSTONE, the Phase 2 trial of ozanimod (formerly RPC1063) in ulcerative colitis (UC). The results showed that the study has met all efficacy endpoints with statistical significance in patients on the 1 mg dose of ozanimod after 32 weeks of treatment.
- Assessment Of Ozanimod Versus Placebo In Details - The aforesaid study evaluated the efficacy, safety and tolerability of two orally administered doses (0.5 mg and 1 mg) of ozanimod versus placebo. This randomized, double-blind, placebo-controlled trial was conducted in 199 patients with moderately-to-severely active UC across 57 sites in 13 countries. Receptos informed that the trial met its primary efficacy and all secondary endpoints for patients with 1 mg dose after 8 weeks of treatment in the induction period. The 103 patients, who achieved clinical response in the maintenance period at the eight week, continued with treatment for 24 more weeks. At week 32, all secondary end-points were positive and statistically significant for the 1 mg dose. The secondary endpoints at week 32 included clinical response, change in the industry standard Mayo score and mucosal improvement on endoscopy. Further, the proportion of patients in clinical remission at week 32 was statistically significant in favor of both the 1 mg group and the 0.5 mg group (p < 0.05) compared to placebo.
- Plans to start Phase 3 Trial - In 2015, the Company plans to go ahead with a Phase 3 program to confirm the findings of Phase 2. The phase 3 trial would be conducted in patients with moderately-to-severely active UC. Furthermore, these results continue to suggest the potential for ozanimod to be used in the treatment of a related inflammatory bowel disease called Crohn's. The Company stated that it would be initiating a Phase 2 study of ozanimod for the treatment of Crohn's disease in 2015.
- Management's Comments - President and Chief Executive Officer of Receptos, Faheem Hasnain said, "The positive results of the maintenance period of the TOUCHSTONE study exceeded our expectations with respect to the potential for long term clinical benefit of ozanimod in ulcerative colitis." He added, "The consistency of the efficacy data across the various endpoints for the high dose, combined with the favorable safety profile, gives us continued confidence to advance the development of ozanimod in inflammatory bowel disease."
To find out how this influences our rating on Receptos, Inc. read the full report in its entirety here: http://www.aciassociation.com/?c=RCPT
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