EspeRare partners its pivotal program in XLHED
EspeRare has entered into a partnership with?Dermelix Biotherapeuticsto develop?DMX-101, a novel?in utero?protein replacement therapy for the treatment of X-Linked Hypohidrotic Ectodermal Dysplasia (XLHED), a rare pediatric genetic disease.
There is currently no approved therapy for the treatment of?XLHED?and?DMX-101?has the?potential to become the first ever?in uteroadministered drug to correct a genetic disease before birth. During the second half of 2019 and in view of recent discussions with the EU and US regulatory agencies, both partners are set to?start enrolling patients into a clinical trial geared towards marketing approval.
With?Dermelix, EspeRare is fortunate to have found a partner that shares common values and patient-centered commitments. Both partners have gone as far as signing an?Ethical Charter within the license agreement, under which both partners commit to continuously and transparently engage with the patient community during the development and commercialization of the treatment.
To our knowledge this is a legal first!
Under the terms of the agreement, EspeRare remains the sponsor of?DMX-101?pivotal development in Europe, while?Dermelix?will lead activities of?DMX-101?outside of Europe.?Dermelix?will finance the development of the product and will be responsible for its commercialization worldwide. In exchange for exclusive commercial rights, EspeRare is receiving financial returns. Delivering on EspeRare non-profit model, these financial returns are on one hand, shared with past contributors of?DMX-101?development and on the other hand, reinvested into scaling EspeRare?s organization and portfolio of therapeutic programs.
Caroline Kant, Founder and CEO of EspeRare, commented: ?Patients with rare diseases so often lack the treatment options they need. This partnership with Dermelix represents an amazing opportunity to bring an innovative therapy to patients and to potentially radically change their lives. And beyond?XLHED, we are also committed to pave the way for other prenatal treatments to correct genetic diseases before birth.?