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Pipeline Therapeutics to Present at the 2022 Jefferies Global Healthcare Conference

SAN DIEGO, May 25/26, 2022 – Pipeline Therapeutics, a clinical-stage biopharmaceutical company pioneering precision neuroregeneration, announced today that company management will present at the Jefferies Global Healthcare Conference taking place June 8-10, 2022 in New York, NY.  Carmine Stengone, Pipeline’s President and CEO, will present a company overview on Thursday, June 9, 2022 at 10:00 am ET.  Company management will also participate in one-on-one meetings with investors during the conference.

About Pipeline Therapeutics
Pipeline Therapeutics is a clinical-stage biopharmaceutical company pioneering the development and commercialization of first-in-class therapies for precision neuroregeneration including myelin restoration, synaptogenesis and axonal repair.  The Company has a broad pipeline of programs to address CNS and neuro-otology conditions. Its flagship program, PIPE-307, has completed a Phase 1 clinical trial in healthy volunteers and has received IND clearance from the FDA to initiate a Phase 1b/2a trial in relapsing-remitting MS patients.  For more information, please visit www.pipelinetherapeutics.com and engage with us on LinkedIn.

Company Contact:
Peter Slover
CFO
ir@pipeline-tx.com

Investor Contact:
Amy Conrad
858-914-1962
amy@juniper-point.com

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Pipeline Therapeutics to Present at Multiple Investor Conferences in May 2022

SAN DIEGO, May 5, 2022 – Pipeline Therapeutics, a clinical-stage biopharmaceutical company pioneering precision neuroregeneration, announced today that company management will present at the following investor conferences:

  • 2022 RBC Capital Markets Global Healthcare Conference
    • Wednesday, May 18, 2022 at 8:00 am ET
  • UBS Global Healthcare Conference
    • Wednesday, May 25, 2022 at 8:30 AM ET

About Pipeline Therapeutics

Pipeline Therapeutics is a clinical-stage biopharmaceutical company pioneering the development and commercialization of first-in-class therapies for precision neuroregeneration including myelin restoration, synaptogenesis and axonal repair.  The Company has a broad pipeline of programs to address CNS and neuro-otology conditions. Its flagship program, PIPE-307, has completed a Phase 1 clinical trial in healthy volunteers and has received IND clearance from the FDA to initiate a Phase 1b/2a trial in relapsing-remitting MS patients.  For more information, please visit www.pipelinetherapeutics.com and engage with us on LinkedIn.

Company Contact:
Peter Slover
CFO
ir@pipeline-tx.com

Investor Contact:
Amy Conrad
858-914-1962
amy@juniper-point.com

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Pipeline Therapeutics to Present at the 21st Annual Virtual Needham Healthcare Conference

SAN DIEGO, April 5, 2022 – Pipeline Therapeutics, a clinical-stage biopharmaceutical company pioneering precision neuroregeneration, today announced that company management will present at the 21st Annual Virtual Needham Healthcare Conference, taking place from April 11-14, 2022.  Carmine Stengone, Pipeline’s President and CEO, will present a company overview on April 13, 2022 at 4:30 pm ET.  Company management will also participate in one-on-one meetings with investors during the conference.

About Pipeline Therapeutics

Pipeline Therapeutics is a clinical-stage biopharmaceutical company pioneering the development and commercialization of first-in-class therapies for precision neuroregeneration including myelin restoration, synaptogenesis and axonal repair.  The Company has a broad pipeline of programs to address CNS and neuro-otology conditions. Its flagship program, PIPE-307, has completed a Phase 1 clinical trial in healthy volunteers and has received IND clearance from the FDA to initiate a Phase 1b/2a trial in relapsing-remitting MS patients.  For more information, please visit www.pipelinetherapeutics.com and engage with us on LinkedIn.

Company Contact:
Peter Slover
CFO
ir@pipeline-tx.com

Investor Contact:
Amy Conrad
858-914-1962
amy@juniper-point.com

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Pipeline Therapeutics Receives IND Clearance from FDA to Initiate Phase 1b/2a Study of PIPE-307 in Patients with Relapsing-Remitting Multiple Sclerosis 

-Company on track to begin enrolling patients in mid-2022

SAN DIEGO, March 28, 2022 – Pipeline Therapeutics, a clinical-stage biopharmaceutical  company pioneering precision neuroregeneration, today announced that the U.S. Food and Drug Administration (FDA) cleared the company to initiate its Phase 1b/2a clinical trial of PIPE-307 in patients with relapsing-remitting multiple sclerosis (RRMS).  Currently, there are no approved medicines that support myelin restoration, which represents a significant unmet medical need in the treatment of multiple sclerosis (MS). 

PIPE-307, the company’s lead program for myelin restoration, is an oral, highly selective antagonist of the muscarinic M1 receptor that is being developed for the treatment of MS.  The Company recently completed multiple Phase 1 studies of PIPE-307 in healthy volunteers, including a single and multiple-ascending dose study to evaluate safety and pharmacokinetics, and a positron emission tomography (PET) study to determine M1 receptor occupancy and clearance in the brain after a single dose of PIPE-307.  Results from the PET study demonstrate that doses tested in the Phase 1 study achieve a level of uptake in the human brain that have been associated with remyelination observed in preclinical studies. 

“FDA clearance to initiate our Phase 1b/2a clinical study of PIPE-307 is a major regulatory milestone for Pipeline, as it allows us to proceed with the evaluation of PIPE-307 in RRMS patients,” said Carmine Stengone, President and CEO of Pipeline.  “Today, approved medicines for MS patients are focused on immune modulation but do not address the fundamental MS disease pathology that leads to long-term decline in neurological function – chronic demyelination.  Our objective with PIPE-307 is to develop the first effective treatment that can restore myelin and improve outcomes for patients.”  

Stephen Huhn, M.D., Chief Medical Officer and Senior Vice President of Clinical Development of Pipeline, added, “We are excited to initiate the Phase 1b/2a study of PIPE-307 in RRMS patients, which follows on the heels of positive data from our Phase 1 studies.  The Phase 1b/2a study is designed to primarily assess the safety and tolerability of two different doses of PIPE-307 compared to placebo in RRMS patients, and to explore the use of neurophysiological, visual and radiological measures of remyelination. We remain on track to commence patient dosing in mid-2022.”

The Phase 1b/2a clinical trial of PIPE-307 will be conducted as a randomized, double-blind, placebo-controlled dose-ranging study in multiple sites across the US. The study will enroll approximately 45 patients who will undergo daily oral dosing over three months. The study is expected to start enrolling patients in mid-2022.

About PIPE-307 for Multiple Sclerosis

PIPE-307 is an oral, highly selective antagonist of the M1 muscarinic receptor commencing  clinical studies in MS patients. The Company recently completed multiple Phase 1 studies of PIPE-307 in healthy volunteers, including a single- and multiple-ascending dose study to evaluate safety and pharmacokinetics, and a PET study to determine the occupancy of brain M1 after a single dose of PIPE-307 in healthy volunteers. In these studies, PIPE-307 demonstrated linear pharmacokinetic (PK) data consistent with preclinical modeling and was generally well tolerated across all dose cohorts.  Importantly, analysis of a battery of neuropsychological measures, including tests involving psychomotor, attention, learning, and executive function, were administered in the Phase 1 study and showed no significant PK or dose related effects on cognitive function.  Results from the Phase 1 PET study demonstrated that doses tested in the Phase 1 SAD/MAD study achieve a level of uptake in the human brain that have been associated with remyelination observed in preclinical studies. 

In March 2022, the Company received clearance from the U.S. Food and Drug Administration  to proceed with a Phase 1b/2a study of PIPE-307 in RRMS patients.

About Pipeline Therapeutics

Pipeline Therapeutics is a clinical-stage biopharmaceutical company pioneering the development and commercialization of first-in-class therapies for precision neuroregeneration including myelin restoration, synaptogenesis and axonal repair.  The Company has a broad pipeline of programs to address CNS and neuro-otology conditions, and its flagship program, PIPE-307, has completed a Phase 1 clinical trial in healthy volunteers to support future studies in MS patients.  For more information, please visit www.pipelinetherapeutics.com and engage with us on LinkedIn.

Company Contact:
Peter Slover
CFO
ir@pipeline-tx.com

Investor Contact:
Amy Conrad
858-914-1962
amy@juniper-point.com

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Pipeline Therapeutics to Present at Upcoming March Investor Conferences

SAN DIEGO, March 14, 2022 – Pipeline Therapeutics, a clinical-stage biopharmaceutical company pioneering precision neuroregeneration, today announced that company management will present at the following investor conferences:

  • 32nd Annual Oppenheimer Healthcare Conference
    • Tuesday, March 15th, 2022 at 1:20 pm ET
  • Stifel 2022 CNS Days
    • Monday, March 28th, 2022 at 8:45 AM ET

About Pipeline Therapeutics

Pipeline Therapeutics is a clinical-stage biopharmaceutical company pioneering the development and commercialization of first-in-class therapies for precision neuroregeneration including myelin restoration, synaptogenesis and axonal repair.  The Company has a broad pipeline of programs to address CNS and neuro-otology conditions, and its flagship program, PIPE-307, has completed a Phase 1 clinical trial in healthy volunteers to support future studies in MS patients.  For more information, please visit www.pipelinetherapeutics.com and engage with us on LinkedIn.

Company Contact:
Peter Slover
CFO
ir@pipeline-tx.com

Investor Contact:
Amy Conrad
858-914-1962
amy@juniper-point.com

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Pipeline Therapeutics Reports Positive Phase 1 Clinical Results for PIPE-307, a Neuroregenerative Therapeutic for the Treatment of Multiple Sclerosis

SAN DIEGO, March 10, 2022 – Pipeline Therapeutics, a clinical-stage biopharmaceutical  company pioneering precision neuroregeneration, today reported positive clinical data from its recently completed Phase 1 clinical trial evaluating the safety and tolerability of PIPE-307 in healthy volunteers.  PIPE-307, the company’s lead program for myelin restoration, is an oral, highly selective antagonist of the muscarinic M1 receptor that is being developed for the treatment of multiple sclerosis (MS).   Currently, there are no approved medicines that support myelin restoration, which represents a significant unmet medical need in the treatment of MS.

The Phase 1 clinical results reported today comprised multiple dose cohorts of PIPE-307 in a total of 70 healthy volunteer subjects. PIPE-307 demonstrated linear pharmacokinetic (PK) data consistent with preclinical modeling and was generally well tolerated across all dose cohorts.  Importantly, analysis of a battery of neuropsychological measures, including tests involving psychomotor, attention, learning, and executive function, were administered in the Phase 1 study and showed no significant PK or dose related effects on cognitive function.

“We believe that PIPE-307, as a first-in-class myelin restoration therapeutic, represents a differentiated and clinically-validated approach for the treatment of MS.  The results of the single- and multiple-ascending dose cohorts from the completed Phase 1 study demonstrate a favorable safety and PK profile, and we are pleased to have met our primary and secondary endpoints in this study,” said Stephen Huhn, M.D., Chief Medical Officer and Senior Vice President of Clinical Development of Pipeline Therapeutics. “These encouraging Phase 1 results give us great confidence to advance PIPE-307 into clinical studies with MS patients as soon as possible.”

Carmine Stengone, President and CEO of Pipeline, added, “PIPE-307 is our flagship program and we’re thrilled to have completed this first step in our approach to myelin restoration.  Multiple sclerosis is a devastating neurodegenerative disease that impacts almost three million people worldwide, and therapies that are designed to restore neuronal damage, like PIPE-307, are desperately needed. Our clinical plans remain on track and we look forward to evaluating PIPE-307 in MS patients.”

The completed Phase 1 clinical trial of PIPE-307 was a randomized, double-blind, placebo-controlled trial in 70 healthy adult volunteers. The trial was conducted in three parts: (1) a Single Ascending Dose (SAD) study, (2) a Multiple Ascending Dose (MAD) study, and (3) a selected SAD cohort in a fed state to evaluate the effect of food on bioavailability of PIPE-307.  The primary endpoint of the trial was to measure the safety and tolerability of PIPE-307, with a secondary endpoint measuring the effect of PIPE-307 on pharmacokinetics. This study was completed at a single center in Australia.

About PIPE-307 for Multiple Sclerosis

PIPE-307 is an oral, highly selective antagonist of the M1 muscarinic receptor in development for multiple sclerosis (MS).  In preclinical studies, PIPE-307 promoted remyelination by the differentiation and maturation of oligodendrocyte precursor cells, or OPCs, into oligodendrocytes, leading to restored neuronal function in a preclinical animal model of inflammatory demyelination. Preclinical treatment with PIPE-307 also led to a restoration in visual evoked potentials, or VEPs, a measure of electrical conduction velocity used to measure clinical disease progression in MS.  The Company expects to evaluate PIPE-307 in MS patients following the authorization of an Investigational New Drug (IND) by the US Food and Drug Administration.

About Pipeline Therapeutics

Pipeline Therapeutics is a clinical-stage biopharmaceutical company pioneering the development and commercialization of first-in-class therapies for precision neuroregeneration including myelin restoration, synaptogenesis and axonal repair.  The Company has a broad pipeline of programs to address CNS and neuro-otology conditions, and its flagship program, PIPE-307, has completed a Phase 1 clinical trial in healthy volunteers to support future studies in MS patients.  For more information, please visit www.pipelinetherapeutics.com and engage with us on LinkedIn.

Company Contact:

Peter Slover
Chief Financial Officer
ir@pipeline-tx.com

Investor Contact:
Amy Conrad
858-914-1962
amy@juniper-point.com

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Pipeline Therapeutics Appoints Eef Schimmelpennink to its Board of Directors

SAN DIEGO, February 15, 2022 – Pipeline Therapeutics, a biopharmaceutical company focused on the development and commercialization of first-in-class small molecules for precision neuroregeneration, today announced the appointment of Evert (Eef) Schimmelpennink to its Board of Directors. Mr. Schimmelpennink is a seasoned biotechnology executive with close to 25 years of experience spanning research and development, commercial growth, manufacturing, and business development.

“I am pleased to welcome Eef Schimmelpennink to Pipeline’s Board of Directors,” said Carmine Stengone, President and Chief Executive Officer of Pipeline Therapeutics. “Eef is a renowned leader in the life-sciences industry whose cross-functional leadership experience will be invaluable to Pipeline as we advance our neuroregeneration platform.”

“Pipeline has a very promising portfolio and a strong and thoughtful management team,” said Eef Schimmelpennink. “I welcome the opportunity to join the company on its journey to bring patients new options to address serious neurological disorders.”

Mr. Schimmelpennink currently serves as President and CEO of LENZ Therapeutics, a late-stage clinical company developing innovative ophthalmic pharmaceutical products that aim to improve vision. Prior to LENZ, Mr. Schimmelpennink was CEO and President of Pfenex, Inc. (NYSE: PFNX), up through its acquisition by Ligand Pharmaceuticals in 2020. Before his role at Pfenex, Mr. Schimmelpennink served as CEO for Alvotech, a private specialty biopharmaceutical company. From December 2012 to November 2015, Mr. Schimmelpennink held global marketing and strategy roles at Pfizer and Hospira.

Mr. Schimmelpennink currently serves on the Board of Directors for iBio, Inc. (NYSE:IBIO), where he is the chair of the Nominating and Corporate Governance Committee and a member of the Science and Technology Committee.

Mr. Schimmelpennink obtained his Master of Science in Bioprocess Engineering from Wageningen University & Research, as well as a degree from the Arnhem Business School.

About Pipeline Therapeutics

Pipeline Therapeutics is a biopharmaceutical company focused on the development and commercialization of first-in-class small molecules for precision neuroregeneration, including remyelination, synaptogenesis and axonal repair. Pipeline has two product candidates in clinical development: PIPE-307, targeting remyelination to treat multiple sclerosis, which recently completed a Phase 1 healthy volunteer study, and PIPE-505, targeting sensorineural hearing loss associated with speech-in-noise disability, which recently completed a Phase 1/2a study. In addition, Pipeline has a portfolio of further programs addressing a range of neurological disorders and conditions. For more information, please visit www.pipelinetherapeutics.com.

Company Contact:

Peter Slover
Chief Financial Officer
ir@pipeline-tx.com

Investor Contact:
Amy Conrad
858-914-1962
amy@juniper-point.com

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Pipeline Therapeutics to Participate in the Stifel 2021 Virtual Healthcare and Jefferies London Healthcare Conferences

SAN DIEGO, November 10, 2021 – Pipeline Therapeutics, a biopharmaceutical company focused on the development and commercialization of first-in-class small molecules for precision neuroregeneration, today announced that the company will participate in two upcoming investor conferences. On November 17, 2021, the Company will participate in the Stifel 2021 Virtual Healthcare Conference, and on November 18, 2021, the Company will participate in the Jefferies London Healthcare Conference.

About Pipeline Therapeutics

Pipeline Therapeutics is a biopharmaceutical company focused on the development and commercialization of first-in-class small molecules for precision neuroregeneration, including remyelination, synaptogenesis and axonal repair. Pipeline has two product candidates in clinical development: PIPE-307, targeting remyelination to treat multiple sclerosis, which recently completed a Phase 1 healthy volunteer study, and PIPE-505, targeting sensorineural hearing loss associated with speech-in-noise disability, which recently completed a Phase 1/2a study. In addition, Pipeline has a portfolio of further programs addressing a range of neurological disorders and conditions. For more information, please visit www.pipelinetherapeutics.com.

Company Contact:
Peter Slover
CFO
ir@pipeline-tx.com

Investor Contact:
Laurence Watts
619-916-7620
laurence@gilmartinir.com

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Pipeline Therapeutics Initiates Phase 1 Clinical Trial of PIPE-307

SAN DIEGO, March 2, 2021 – Pipeline Therapeutics, a biopharmaceutical company focused on the development and commercialization of first-in-class small molecules for neuroregeneration, today announced the initiation of a Phase 1 study of PIPE-307, a selective antagonist of the muscarinic M1 receptor, in up to 72 healthy volunteers.

The randomized, double-blind, placebo-controlled, single- and multiple-ascending dose Phase 1 clinical trial of PIPE-307 will primarily assess the safety and tolerability profile of PIPE-307, as well as measure the effect of PIPE-307 on pharmacokinetics. The study will be conducted exclusively in Australia at a single center.

“Evaluating PIPE-307 in healthy volunteers is a critical step in our effort to identify the appropriate dose selection for the follow-on Phase 2 study, to be conducted in patients with multiple sclerosis,” said Stephen Huhn, MD, Chief Medical Officer and Senior Vice President of Clinical Development at Pipeline Therapeutics. “While immune-modulatory approaches reduce relapse rate, there is currently no effective restorative therapy on the market that targets remyelination in order to address the progressive disability associated with multiple sclerosis.”

“PIPE-307 is the second of Pipeline Therapeutics’ programs to enter the clinic in less than a year, making this an important milestone for the company,” said Carmine Stengone, President & CEO of Pipeline Therapeutics. “We will likely further broaden our development pipeline following the near-term readout from our PIPE-505 Phase 1/2a trial in sensorineural hearing loss, as we seek to maximize the potential of our neuroregenerative technology in areas of high unmet medical need.”

Pipeline expects to announce results from the PIPE-307 Phase 1 study in the second half of 2021.

About Pipeline Therapeutics

Pipeline Therapeutics is a biopharmaceutical company focused on the development and commercialization of first-in-class small molecules for neuroregeneration, including synaptogenesis, remyelination and axonal repair. The company’s lead clinical program, PIPE-505, is currently enrolling patients in a phase 1/2a study to treat sensorineural hearing loss (SNHL) associated with speech-in-noise disability. The company has also initiated a Phase 1 healthy volunteer study for its second clinical program, PIPE-307, targeting multiple sclerosis. In addition, Pipeline has a portfolio of further programs addressing a range of neurological disorders and conditions.

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Pipeline Therapeutics Completes $80 Million Series C Financing

Financing to advance two clinical programs and accelerate discovery efforts

SAN DIEGO, February 11, 2021 – Pipeline Therapeutics, a biopharmaceutical company focused on the development and commercialization of first-in-class small molecules for neuroregeneration, today announced the closing of an $80 million Series C financing.

The oversubscribed financing was led by a healthcare-focused new investor, with participation by other new investors including Perceptive Advisors, Franklin Templeton, Casdin Capital, Samsara BioCapital, Suvretta Capital, Red Tree Venture Capital, and an undisclosed leading global investment fund. All of the company’s existing shareholders, including founding investor Versant Ventures, Sectoral Asset Management, Cleva Pharma (a Brace Pharma affiliate), Hadean Ventures, RBV Capital and Helicase Venture, participated in the round.

Pipeline Therapeutics plans to use the proceeds to advance its development candidates PIPE-505, in patients with sensorineural hearing loss, and PIPE-307, in patients with multiple sclerosis. Proceeds will also be used to advance additional therapeutic candidates and for general corporate purposes.

“We are delighted to welcome the new investors in our Series C round, and are grateful to our existing shareholders for their continued support,” said Carmine Stengone, President & CEO of Pipeline Therapeutics. “We are proud to have this significant support for our mission of developing first- and best-in-class neuroregenerative product candidates for unserved and underserved neurological indications.”

Pipeline Therapeutics is currently running a Phase 1/2a clinical trial to treat sensorineural hearing loss. In addition, the company recently initiated a Phase 1 clinical trial in healthy volunteers for PIPE-307.

About Pipeline Therapeutics

Pipeline Therapeutics is a biopharmaceutical company focused on the development and commercialization of first-in-class small molecules for neuroregeneration, including synaptogenesis, remyelination and axonal repair. The company’s lead clinical program, PIPE-505, is currently enrolling patients in a phase 1/2a study to treat sensorineural hearing loss (SNHL) associated with speech-in-noise disability. The company has also initiated a Phase 1 healthy volunteer study for its second clinical program, PIPE-307, targeting multiple sclerosis. In addition, Pipeline has a portfolio of further programs addressing a range of neurological disorders and conditions.