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Other Disclosures4507Shionogi & Co.,Ltd.Pharmaceuticals

Preliminary Report on Positive Results from the Global Phase 3 Clinical Trial of the Novel Antifungal Drug Olorofim (OASIS Trial)

In the Phase 3 trial of the novel antifungal olorofim, non-inferiority to the control treatment was confirmed for mortality at Day 42, meeting the primary endpoint. The incidence of drug-related adverse events was also lower than in the control group.

Worth reading
72In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
-0.5
Between-group difference (percentage points, 95% confidence interval: -13.1% to 10.8%)
Wording
Conditional
How definitive the wording is.

Announced details

OlorofimAmBisome®
Applicable field (uses covered by this announcement)

Invasive aspergillosis, invasive Scedosporium infection, invasive Lomentospora infection, coccidioidomycosis, invasive infections caused by Scopulariopsis species, and invasive fusariosis

Contract Date16 May 2022 (license agreement for development and commercialization rights in Europe and Asia)
What the company reported numerically
Quantitative Effects

All-cause mortality at Day 42: 23.8% for olorofim and 24.3% for the AmBisome treatment group. Incidence of drug-related adverse events: 35.8% versus 63.9%

Relationship between the counterparty and the company
Shionogi & Co.,Ltd.4507
Relationship with the Company

Co-developing olorofim. Shionogi & Co., Ltd. holds development and exclusive commercialization rights in Europe and Asia.

CounterpartyF2G Ltd

Headquartered in Manchester, UK. A biotechnology company based in the UK, the US and Austria. CEO: Francesco Maria Lavino. Focused on discovering and developing new treatments for life-threatening invasive fungal infections.

Award/certification name

FDA Orphan Drug Designation, Qualified Infectious Disease Product (QIDP) designation, and EMA orphan designation

Awarding / certifying body

U.S. Food and Drug Administration (FDA) and European Medicines Agency (EMA)

Registration number and expiry date

Clinical trial registration number: NCT05101187. The registration numbers and expiration dates for each designation are Not disclosed

Location (as indicated in this announcement)

F2G: UK, US and Austria. Shionogi & Co., Ltd. headquarters: Kita-ku, Osaka

Impact on Business Performance

The impact on consolidated results for the fiscal year ending March 2027 will be immaterial.

The company does not address Contract Value / Offering price.

Source (materials cited by the company)

Oliver et al. (2016), PNAS

Vanbiervliet et al. (2024), BMC Infectious Diseases

Centers for Disease Control and Prevention(CDC)

US Food & Drug Administration(FDA)

Announced details
ItemDetails
Names of Products / Services CoveredOlorofim, AmBisome®
CounterpartyF2G Ltd
Counterparty overviewHeadquartered in Manchester, UK. A biotechnology company based in the UK, the US and Austria. CEO: Francesco Maria Lavino. Focused on discovering and developing new treatments for life-threatening invasive fungal infections.
Relationship with the CompanyCo-developing olorofim. Shionogi & Co., Ltd. holds development and exclusive commercialization rights in Europe and Asia.
Contract Date16 May 2022 (license agreement for development and commercialization rights in Europe and Asia)
Applicable areaInvasive aspergillosis, invasive Scedosporium infection, invasive Lomentospora infection, coccidioidomycosis, invasive infections caused by Scopulariopsis species, and invasive fusariosis
Award/certification nameFDA Orphan Drug Designation, Qualified Infectious Disease Product (QIDP) designation, and EMA orphan designation
Awarding / certifying bodyU.S. Food and Drug Administration (FDA) and European Medicines Agency (EMA)
Registration number and expiry dateClinical trial registration number: NCT05101187. The registration numbers and expiration dates for each designation are Not disclosed
LocationF2G: UK, US and Austria. Shionogi & Co., Ltd. headquarters: Kita-ku, Osaka
Quantitative EffectsAll-cause mortality at Day 42: 23.8% for olorofim and 24.3% for the AmBisome treatment group. Incidence of drug-related adverse events: 35.8% versus 63.9%
Impact on Business PerformanceThe impact on consolidated results for the fiscal year ending March 2027 will be immaterial.
SourceOliver et al. (2016), PNAS, Vanbiervliet et al. (2024), BMC Infectious Diseases, Centers for Disease Control and Prevention(CDC), US Food & Drug Administration(FDA)
Items this document does not state (5)
Contract ValueOffering priceLaunch dateLocation scaleUsage history

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To provide a new treatment option for patients with invasive aspergillosis who are resistant to, or for whom it is difficult to use, azole antifungal agents.

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Preliminary Report on Positive Results from the Global Phase 3 Clinical Trial of the Novel Antifungal Drug Olorofim (OASIS Trial) | Shionogi & Co.,Ltd. (4507) timely disclosure | Komori