We're Developing Innovative Drugs for Metabolic Diseases
At Poxel, we are a dynamic biopharmaceutical company developing innovative drugs for metabolic diseases, with a focus on type 2 diabetes. Based in Lyon, France, Poxel was spun out in 2009 from Merck Serono, a global leader in the field of metabolic disorders at that time.
We believe that targeting cellular energy for the treatment of type 2 diabetes is a key focus and we believe that it represents the root of the disease. Imeglimin, our lead program targets mitochondrial dysfunction and PXL770 targets adenosine monophosphate-activated protein kinase (AMPK).
Our Core Strengths
- Leading diabetes and metabolic disease clinical development expertise
- Developing first-in-class type 2 diabetes treatments for a large addressable market with significant unmet needs
- Our lead clinical candidate Imeglimin features an innovative dual mechanism of action
- Imeglimin in the U.S., EU and Japan met its primary and secondary endpoints in Phase 2 and is Phase 3-ready
- Imeglimin in Japan offers a unique opportunity for value creation in the second largest market for diabetes and is on track to enter Phase 3 in the fourth quarter of 2017
- Our clinical candidate PXL770 represents a novel direct AMPK activator
- Imeglimin and PXL770 are unencumbered programs and offer a compelling value proposition
Our innovative pipeline of first-in-class products with disease-modifying mechanisms of action offers the potential for safer and more effective therapies for type 2 diabetes and other metabolic diseases. Our lead clinical candidate, Imeglimin, has completed Phase 2 clinical development for type 2 diabetes in the United States, Europe and Japan, completing 8 Phase 2 clinical trials.
Our Key Value Drivers
The Japanese Market
- Japan is a key focus for Poxel and is an integral part of our business strategy.
- Japan represents the second largest single market for type 2 diabetes with approximately $4 billion in annual sales and is expected to grow to $6 billion in 2020.*
- Asia, in broader terms, is considered the most important geographic location with regards to treating the diabetes pandemic in the future.
- Our lead product Imeglimin met its primary and key secondary endpoint in the Japan Phase 2b clinical study in 299 patients.
- We believe that Imeglimin's mechanism of action fits well with the pathophysiology of the disease for Japanese patients.
- We plan to initiate our Phase 3 clinical program in the fourth quarter of 2017, which we anticipate should allow us to submit a Japanese New Drug Application (JNDA) in 2019.
*Decision Resources, September 2014
The US/EU Market
- The US/EU offers a ~$32 billion* market opportunity for type 2 diabetes.
- We continue to conduct preclinical and clinical studies in the US and EU that are designed to strengthen Imeglimin's product profile and scientifically differentiate its mechanism of action from other drugs.
- Imeglimin is Phase-3 ready in the U.S. and EU.
- We are seeking a development and commercial partner for the U.S. and EU markets.
*Decision Resources, September 2014
Targeting Type 2 Diabetes Cardiovascular Complications
- We have the unique opportunity with our programs to treat patients with type 2 diabetes who are at high risk of cardiovascular disease.
- Imeglimin has been shown in preclinical studies that it improves both endothelial and diastolic dysfunction.
- We are currently studying Imeglimin in preclinical and clinical studies to show benefits in cardiovascular complications.
- PXL770 targets the main risks of cardiovascular disease, such as hyperglycemia, high lipids, and weight.
- Our clinical candidate PXL770 is a direct AMPK activator that is currently in Phase 1 development.
- Our Phase 1 clinical program is designed to assess safety, tolerability and pharmacokinetics.
Discovery Research and Licensing
- Our licensing agreement with Enyo Pharma is focused on developing an FXR agonist for Hepatitis B. This program is in Phase 1 development by Enyo Pharma.
- We're positioned to provide an opportunistic approach with our portfolio and leverage our drug development expertise with in-licensing opportunities.
About Type 2 Diabetes
A Multifactorial Chronic Progressing Disease
Type 2 diabetes is one of the world's major health concerns and its incidence is growing rapidly. It is the most common form of diabetes, affecting about 90% of diabetic patients. The disease can result in severe vascular complications that affect large arteries, leading to cardiovascular diseases such as coronary heart disease or peripheral artery thrombosis, and small arteries, damaging the kidneys, retina and nervous system. It can lead to chronic renal failure (50% of cases), vision loss including blindness, and neuropathy, mainly affecting sensitivity in the legs (65% of cases).
Type 2 diabetes, sometimes referred to as non-insulin-dependent diabetes, is a glucose metabolism disorder characterized by an increase in the blood glucose rate, also known as hyperglycemia. For healthy people, glucose provided by food during a meal is distributed by the blood to the body's tissues that need it. Between meals, the liver produces glucose to maintain normal blood glucose concentrations. Insulin is a pancreatic hormone secreted by the pancreas' beta islets at meal times to permit the glucose uptake into insulin-dependent tissues as well as to slow down the liver's production of glucose between meals, to maintain the correct glucose balance. Type 2 diabetes results from both a decrease in the action of insulin (resistance to insulin) in the target tissues (primarily the liver, muscles and adipose tissue), and a lack of insulin secretion by the pancreas' beta islets in response to glucose (relative insulinopenia).
Type 2 Diabetes Offers a Significant Market Opportunity
- ~415M people between the ages of 20 and 79 worldwide were diagnosed with type 2 diabetes in 2015
- It's estimated that ~642M will be diagnosed by 2040*
- The type 2 diabetes market was worth $37B in 2014 in the top 7 countries
- It's estimated to reach $71B in 2024**
*IDF Atlas 2015 **, Decision Resources, September 2014
Backed by Years of Experience
Poxel was formed from the spin out of several anti-diabetic drug candidates and a focused group of scientific and drug development leaders from Merck Serono.
Our scientific expertise is based on the understanding of key mechanisms involved in type 2 diabetes and the innovation needed to make an impact on the current standard of care for these patients.
Our management team and Board of Directors have extensive pharmaceutical industry experience spanning the spectrum of drug research and development to commercialization, patient access and life-cycle management.
Interested in learning more about our programs and how we're combatting type 2 diabetes? Get in touch with us.