Kazia Enters Clinical Collaboration With Cornell University for Phase II Clinical Study Using Paxalisib in Combination With Ketogenic Diet for Glioblastoma

SYDNEY,June 15,2021 -- Kazia Therapeutics Limited (NASDAQ: KZIA; ASX: KZA),an oncology-focused drug development company,is pleased to announce that it has entered a collaboration with the Joan & Sanford I Weill Medical College of Cornell University in the United States,to launch a phase II clinical study investigating the use of Kazia's investigational new drug,paxalisib,in combination with ketogenesis,for glioblastoma.

Key Points

Research by Professor Lew Cantley,who discovered the PI3K pathway,suggests that ketogenesis may enhance the activity of PI3K inhibitors in glioblastoma,with impressive preclinical data previously published in Nature

Ketogenesis represents an alternative biochemical mechanism in which the body is fueled by fats and proteins rather than by glucose; it occurs in states such as starvation,and also in response to a 'ketogenic diet'

Data from this study has the potential to significantly enhance the activity of paxalisib in glioblastoma,and to minimize certain side effects,including hyperglycemia (high blood sugar)

Dr Howard Fine,founding Director of the Brain Tumor Center at New York-Presbyterian Weill Cornell Medical Center,will serve as Principal Investigator; Professor Cantley will be a scientific advisor to the study

Kazia will provide support including study drug and a financial grant

Dr Fine,Principal Investigator to the study,commented,"glioblastoma remains an immensely challenging disease,and we need the most potent array of tools at our disposal in order to treat it. My lab has extensive experience of translational research in this area,and I am excited to explore the potential for a brain-penetrant PI3K inhibitor in combination with ketogenesis."

Professor Cantley,who is a scientific advisor to the study,added,"the interplay between the PI3K pathway,insulin signaling,and tumor growth has been a focus of scientific interest for some time now. Our research clearly shows the synergistic benefits of PI3K inhibition and ketosis in animal models of glioblastoma. This is an important project,designed to verify these laboratory findings in the human setting."

Ketogenesis and Glioblastoma

Cells in the human body generally rely on glucose as 'fuel' for their energy requirements. However,when glucose is not readily available,cells can metabolise fats and proteins to provide energy. The fats and proteins are broken down to an intermediate form known as ketones,and so this biochemical pathway is referred to as 'ketogenesis'.

Unlike healthy cells,most tumour cells are poorly able to metabolise ketones,and so depend on glucose for their energy needs. Consequently,many researchers have experimented with 'ketogenic diets' as a potential treatment for cancer.[1]

In addition,scientists in Professor Cantley's lab have shown that insulin has the potential to counteract the anti-tumor effects of PI3K inhibitors.[2] Insulin is a hormone produced by the body in response to high levels of glucose. When the body is in a state of ketosis,glucose is absent,and so insulin falls to very low levels.

For these reasons,there is a sound rationale to explore a combination of ketogenic diet and paxalisib in glioblastoma. In this study,patients will also receive metformin,a common anti-diabetic drug,which will help to further lower insulin levels.

[1]A Kapelner & M Vorsanger (2015). Medical Hypotheses. 84(3):162-168

[2]B Hopkins et al. (2018). Nature. 560:499-503

Clinical Trial Design

This study will comprise two arms. The first will contain patients with newly diagnosed glioblastoma who have unmethylated MGMT promotor status. These patients are essentially resistant to temozolomide,the existing standard-of-care therapy. The second arm will contain patients with recurrent disease,who have progressed after taking standard-of-care therapy.

In each arm,paxalisib will be combined with metformin and with a ketogenic diet. The diet will be overseen by expert clinical dieticians to ensure that it is scientifically appropriate and that patients are compliant.

An initial cohort of approximately sixteen patients will be recruited to each arm. If there are signals of activity in a given arm,that arm will be expanded to approximately thirty patients. The primary endpoint will be progression-free survival at six months (PFS6). In addition to efficacy and safety,the study will examine a range of metabolic and pharmacodynamic biomarkers to help inform future research and clinical practice. The study is expected to take approximately two years to complete.

Dr Howard Fine will serve as Principal Investigator to the study. Dr Fine is the founding Director of the Brain Tumor Center at New York-Presbyterian Weill Cornell Medical Center,and Associate Director for Translational Research at the Sandra and Edward Meyer Cancer Center at Weill Cornell Medicine. He is an internationally recognized leader in the field of neuro-oncology,with more than 30 years of experience in both laboratory and clinical research as well as in the care of patients with brain tumors. Dr Fine has built large multidisciplinary brain tumor programs at top academic institutions such as the Dana Farber Cancer Institute / Harvard Medical School and the National Institutes of Health,has cared for nearly 20,000 patients with brain and spinal cord tumors in his career,has conducted over 100 clinical trials,published over 250 papers and book chapters on brain tumors,and for over two decades has run a continuously operating translational genetic / molecular laboratory devoted to a better understanding of,and better therapies for,brain tumors.

Weill Cornell Medical Center

The Joan & Sanford I. Weill Medical College of Cornell University,known generally as Weill Cornell Medicine,and based in New York,NY,is the medical school of Cornell University,and is one of the leading medical research centers in the United States. Its notable alumni include Dr Anthony Fauci,director of the National Institute of Allergy and Infectious Disease.

Paxalisib Clinical Program

The initiation of this trial in glioblastoma brings the number of ongoing clinical studies of paxalisib in brain cancer to nine.

Sponsor

Phase

Indication

Registration

Kazia Therapeutics

II

Glioblastoma

NCT03522298

Global Coalition for

Adaptive Research

II / III

Glioblastoma

NCT03970447

Weill Cornell Cancer

Center

II

Glioblastoma

(with ketogenic diet + metformin)

TBD

Alliance for Clinical Trials

in Oncology

II

Brain metastases

NCT03994796

Dana-Farber Cancer

Institute

II

Breast cancer brain metastases

(with Herceptin)

NCT03765983

Dana-Farber Cancer

Institute

II

Primary CNS lymphoma

NCT04906096

Pacific Pediatric Neuro-

Oncology Consortium

N/A

DIPG & DMGs

TBD

St Jude Children's

Research Hospital

I

DIPG (childhood brain cancer)

NCT03696355

Memorial Sloan

Kettering Cancer Center

I

Brain metastases

(with radiotherapy)

NCT04192981

Next Steps

Recruitment to this study is expected to commence by the end of CY2021,subject to approval by Institutional Review Boards,FDA,and other authorities.

About Kazia Therapeutics Limited

Kazia Therapeutics Limited (NASDAQ: KZIA; ASX: KZA) is an oncology-focused drug development company,based in Sydney,Australia.

Our lead program is paxalisib,a brain-penetrant inhibitor of the PI3K / Akt / mTOR pathway,which is being developed to treat glioblastoma,the most common and most aggressive form of primary brain cancer in adults. Licensed from Genentech in late 2016,paxalisib commenced recruitment to GBM AGILE,a pivotal study in glioblastoma,in January 2021. Eight additional studies are active in various forms of brain cancer. Paxalisib was granted Orphan Drug Designation for glioblastoma by the US FDA in February 2018,and Fast Track Designation for glioblastoma by the US FDA in August 2020. In addition,paxalisib was granted Rare Pediatric Disease Designation and Orphan Designation by the US FDA for DIPG in August 2020.

Kazia is also developing EVT801,a small-molecule inhibitor of VEGFR3,which was licensed from Evotec SE in April 2021. Preclinical data has shown EVT801 to be active against a broad range of tumour types and has provided compelling evidence of synergy with immuno-oncology agents. A phase I study is expected to begin in CY2021.

For more information,please visit www.kaziatherapeutics.com or follow us on Twitter @KaziaTx.

This document was authorized for release to the ASX by James Garner,Chief Executive Officer,Managing Director.

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