Kelun-Biotech X Ellipses | Second Generation Selective RET Inhibitor A400 (EP0031) Receives FDA Approval for Phase 2 Clinical Trial

(stock code: 6990.HK, hereinafter referred to as "Kelun-Biotech" or the "Company") has received approval from the U.S. Food and Drug Administration (FDA) to conduct Phase 2 clinical trials for its main product, A400 (also known as KL590586 or EP0031). (also known as KL590586 or EP0031), the Company's main product, has been approved by the U.S. Food and Drug Administration (FDA) for Phase 2 clinical trials.   A400 (EP0031) is a second-generation selective RET inhibitor (SRI) with broad activity against common RET gene fusions and mutations, designed to address clinical needs not met by first-generation SRIs. Targeting RET-driven cancers, next-generation SRIs offer potentially more diverse treatment options and may further improve patient prognosis.   In March 2021, Kelun-Biotech granted an exclusive, paid-up license to Ellipses Pharma Limited ("Ellipses"), a UK-based pharmaceutical company, to develop, manufacture and commercialize A400 (EP0031) in all countries outside of Greater China, North Korea, South Korea, Singapore, Malaysia and Thailand. (EP0031) in all countries except Greater China, Korea, South Korea, Singapore, Malaysia and Thailand.   In June 2022, A400 (EP0031) received FDA approval of an Investigational New Drug (IND) application for a Phase 1/2 trial in patients with RET-altered malignancies. In November 2023,A400 was granted orphan drug status designation by the FDA for the treatment of RET fusion-positive solid tumors.   In March 2024, A400 was granted Fast Track designation by the FDA for the treatment of RET fusion-positive non-small cell lung cancer (NSCLC).   Currently, Kelun-Biotech is conducting a pivotal clinical study of A400 (EP0031) in China in RET-positive NSCLC.   In preclinical studies, A400 (EP0031) demonstrated favorable inhibitory activity against major RET kinases in vitro and in vivo, and A400 (EP0031) also demonstrated good blood-brain barrier penetration in animal models.   Data on A400 (EP0031) shared at the 2023 American Society of Clinical Oncology (ASCO) Annual Meeting showed that, based on the results of its ongoing Phase 1/2 trial, A400 (EP0031) demonstrated good anti-tumor efficacy in patients with advanced RET+ solid tumors, particularly in first- and second- or higher-line advanced RET+ NSCLC, with ORRs of 80.8% and 69.7%. The DCR in both cases was reported to be more than 96%.   At the upcoming 2024 ASCO Annual Meeting, the Company's partner Ellipses will report clinical data from the A400 (EP0031) Phase 1 dose-escalation and extension study conducted in patients with advanced RET variant NSCLC and other oncology treatments who have never been treated with an SRI or prior therapy on June 3, 2024 (local time).   Kelun-Biotech is committed to developing innovative medicines with features and advantages to address global unmet clinical needs, and the company will also accelerate the development of the drug in China and work with its partner Ellipses to advance the global development and commercialization of A400 (EP0031) to benefit more oncology patients around the world.     About Kelun-Biotech Kelun-Biotech （ 6990.HK ） is a holding subsidiary of Kelun Pharmaceutical (002422.SZ), which focuses on the R&D, manufacturing, commercialization and global collaboration of innovative biological drugs and small molecule drugs. The company focuses on major disease areas such as solid tumors, autoimmune, inflammatory, and metabolic diseases, and in establishing a globalized drug development and industrialization platform to address the unmet medical needs in China and the rest of world. The Company is committed to becoming a leading global enterprise in the field of innovative drugs. At present, the Company has more than 30 ongoing innovative projects in major disease areas such as solid tumors, autoimmune, inflammatory, and metabolic diseases, including over 10 projects in the clinical stage and 4 projects in the NDA stage with several global trials being conducted simultaneously in multiple countries, including China, Europe, and the United States. The company has established one of the world’s leading proprietary ADC platforms, OptiDC?, and has 5 ADC projects in the clinical stage (2 of which are in the NDA stage) and several projects in the preclinical stage. For more information, please visit https://kelun-biotech.com/ .

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