Cardurion Pharmaceuticals Announces Dosing of Patients in CARDINAL-HF, a Phase 2 Clinical Trial of its PDE9 inhibitor in Heart Failure

  • CARDINAL-HF is the first Phase 2 proof-of-concept trial of a PDE9 inhibitor in heart failure
  • Large-scale trial builds upon encouraging data generated in Cardurion’s Phase 1b trial
  • CARDINAL-HF will examine the effects of CRD-740, Cardurion’s PDE9 inhibitor, in both types of heart failure and in key subsets of these patients

 

BOSTON – July 19, 2022 – Cardurion Pharmaceuticals, Inc. (“Cardurion” or “the Company”), a clinical-stage biotechnology company developing next-generation therapeutics for the treatment of cardiovascular diseases, today announced it has opened multiple sites and commenced dosing patients in a Phase 2 clinical trial of CRD-740, a phosphodiesterase-9 (“PDE9”) inhibitor for the treatment of heart failure. Initiated in May 2022, CARDINAL-HF is the first Phase 2 proof-of-concept trial of a PDE9 inhibitor in heart failure, and will assess the effects of CRD-740 on key subsets of these patients. Based on the mechanism of PDE9 action, inhibition by CRD-740 is expected to have benefit both alone and in combination with all standard of care heart failure treatments.

CARDINAL-HF is a randomized, placebo-controlled trial that will enroll over 650 patients at more than 100 trial sites around the world. The trial will include chronic, stable patients with both reduced (HFrEF) and preserved ejection fraction heart failure (HFpEF). In addition, CRD-740 is being tested on a background of standard of care therapies to provide important information on the potential for benefit of CRD-740 when combined with guideline-directed treatments.

The target of CRD-740 is PDE9, the enzyme that metabolizes cardiac cGMP generated by the natriuretic peptide receptor (NPR) pathway. Activation of this pathway is of proven clinical benefit in both forms of heart failure. PDE9 activity is increased in heart failure patients, which limits the beneficial effects of the NPR pathway. PDE9 inhibition with CRD-740 is a novel approach capable of maximizing NPR pathway activation and the beneficial effects of cGMP generated by this pathway, by blocking its breakdown by the PDE9 enzyme.

“The launch of this large-scale trial is a significant milestone for Cardurion and for millions of patients who suffer from heart failure and are underserved by currently available therapies. We are gratified to have assembled a world-class group of cardiovascular experts to help oversee its execution,” said Peter Lawrence, Chief Executive Officer of Cardurion Pharmaceuticals. “We believe that CARDINAL-HF will rigorously test CRD-740 in both HFrEF and HFpEF, allowing us to assess the value of PDE9 inhibition in these patient populations, including important subgroups of patients who are on other heart failure medications. The data from this trial will be extensive and allow for robust decision-making for Phase 3.”

The Executive Committee for the trial includes Dr. James Udelson, Principal Investigator and Chief of Cardiology at Tufts Medical Center; Dr. Scott Solomon, Professor of Medicine at Harvard Medical School; and Dr. John McMurray, Professor of Medical Cardiology and Deputy Director of the Institute of Cardiovascular and Medical Sciences at the University of Glasgow. Drs. Udelson, Solomon and McMurray, along with Dr. Eugene Braunwald, the Distinguished Hersey Professor of Medicine at Harvard Medical School, also lead Cardurion’s Clinical Advisory Board. The CARDINAL-HF Steering Committee is further comprised of leading international heart failure trialists.

“CARDINAL-HF has been carefully designed to evaluate how a broad range of heart failure patients will respond to this novel drug candidate, which has the potential to address significant unmet medical need when added to the current standard of care,” said Dr. Jim Udelson, Principal Investigator for the CARDINAL-HF trial. “The design will also provide a rich data set to inform the structure of a Phase 3 program and help evaluate a potential patient selection biomarker.”

About Cardurion Pharmaceuticals

Heart failure is a prevalent and growing condition that is responsible for substantial morbidity and mortality. Approximately 6.5 million people in the U.S. suffer from heart failure, and 50 percent of these patients die from the condition within five years of diagnosis. One in five patients are hospitalized annually, and 25% of hospitalized heart failure patients will be admitted again within a month of discharge. Approximately half of heart failure patients have reduced ejection fraction and half have preserved ejection fraction. Despite the availability of drugs indicated to reduce morbidity and mortality in both types of heart failure, substantial unmet medical need remains.

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About Cardurion Pharmaceuticals

Cardurion Pharmaceuticals is a clinical-stage biotechnology company focused on the discovery and development of novel, next-generation therapeutics for the treatment of heart failure and other cardiovascular diseases. Founded by physician-scientist Michael E. Mendelsohn, M.D., and built by a team of physician-scientists and industry leaders with extensive experience in cardiovascular science, drug development and business development, Cardurion Pharmaceuticals is pursuing unique drug discovery and development programs to target major unmet needs in cardiovascular medicine. Cardurion Pharmaceuticals has facilities in Boston and Burlington, Massachusetts and Shonan, Japan. For more information, please visit the company’s website at https://cardurion.com.

Media Contact:

Scott Lessne

Stanton

slessne@stantonprm.com

646-502-3569

Cardurion Pharmaceuticals Enhances Leadership Team with Appointment of Marcia Moore as Chief Operating Officer

  • Brings More Than 30 Years of Pharmaceutical and Biotechnology Leadership Experience
  • Supports Cardurion’s Continued Advancement of Growing Pipeline of Cardiovascular Drug Candidates

 

BOSTON – February 16, 2022 – Cardurion Pharmaceuticals, Inc. (“Cardurion” or “the Company”), a clinical-stage biotechnology company focused on the discovery and development of novel, next-generation therapeutics for the treatment of heart failure and other cardiovascular diseases, today announced the appointment of Marcia Moore as Chief Operating Officer.  Ms. Moore joins Cardurion from Arvinas, Inc., bringing more than three decades of pharmaceutical and biotechnology industry experience in clinical development, project management, and strategic planning.

Ms. Moore has significant experience working across all phases of the drug development process, including IND-enabling activities, clinical trials and the post-marketing setting.  Most recently, she was Senior Vice President, Strategic Operations at Arvinas (NASDAQ: ARVN), serving as a key member of the executive leadership team defining the growth strategy.  In this role, Ms. Moore managed the company’s strategic operations function and created a scalable development organization from the ground up including clinical operations, regulatory strategy/operations, quality, and strategic drug development.  She also led and authored two initial IND filings, and successfully transitioned both programs into clinical development.  Previously, Ms. Moore held several positions of increasing responsibility at Alexion Pharmaceuticals, Inc. where she led cross-functional research and development project teams across all phases of drug development.

“We are thrilled to welcome a leader of Marcia’s caliber and expertise to Cardurion’s senior management team at an important inflection point in our evolution,” said Peter Lawrence, Chief Executive Officer of Cardurion.  “We look forward to benefiting from her proven track record of driving results across cross-functional teams and availing ourselves of her deep expertise in clinical operations and regulatory affairs as we work to guide our pipeline of cardiovascular drug candidates to patients in need.”

“I am excited to join a company in Cardurion that shares my passion for and commitment to delivering transformative therapies in areas with high unmet patient need,” said Moore.  “Cardurion has a solid foundation in place with a compelling vision, deep science and an innovative pipeline to support future growth.  I’m eager to partner with this impressive team as the company further develops into a clinical leader in cardiovascular diseases.”    

Ms. Moore is currently a member of the Product Development Peer Review Committee at the Cancer Prevention and Research Institute of Texas.  She began her career at Bristol-Myers Squibb where she held positions in clinical research, new market planning and external development.  Ms. Moore received her M.P.H. from Yale University and B.S. from Bates College.

Cardurion received a private investment of up to $300 million from Bain Capital in October 2021 to enable the Company to scale its team and support the advancement and growth of its pipeline of cardiovascular drug candidates, which includes its PDE9 inhibitor moving into a Phase 2 clinical trial in heart failure, and its CaMKII inhibitor advancing into Phase 1 clinical studies.

 

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About Cardurion Pharmaceuticals

Cardurion Pharmaceuticals is a clinical-stage biotechnology company focused on the discovery and development of novel, next-generation therapeutics for the treatment of heart failure and other cardiovascular diseases. Founded by physician-scientist, Michael E. Mendelsohn, M.D., and built by a team of physician-scientists and industry leaders with extensive experience in cardiovascular disease, drug development and business development, Cardurion Pharmaceuticals is pursuing unique drug discovery and development programs to target major unmet needs in cardiovascular medicine. Cardurion Pharmaceuticals has facilities in Boston, Massachusetts and Shonan, Japan. For more information, please visit the company’s website at https://cardurion.com.

 

 

Media Contact:

 

Scott Lessne

Stanton

646-502-3569

slessne@stantonprm.com

Cardurion Pharmaceuticals Announces Investment of up to $300 Million from Bain Capital

Investment to support Cardurion’s further evolution into a cardiovascular leader

BOSTON – October 27, 2021 – Cardurion Pharmaceuticals, Inc. (“Cardurion” or “the Company”), a clinical-stage biotechnology company focused on the discovery and development of novel, next-generation therapeutics for the treatment of heart failure and other cardiovascular diseases, today announced it has received a private investment of up to $300 million from Bain Capital Life Sciences and Bain Capital Private Equity. Bain Capital joins existing investors, Takeda Pharmaceuticals and Polaris Partners, in supporting the evolution of Cardurion into a leading cardiovascular biotechnology company. Based in Boston, Massachusetts and with facilities there and in Shonan, Japan, Cardurion’s mission is to transform the treatment of cardiovascular diseases by translating the science of cardiovascular signaling pathways into groundbreaking therapeutics. The Company’s innovative pipeline of cardiovascular drug candidates includes a PDE9 inhibitor and a CaMKII inhibitor program. The investment will support the thoughtful advancement of Cardurion’s pipeline, enable the Company to scale its team, and create an industry-leading platform. “We could not be more excited to welcome Bain Capital as investors in this transformational milestone for Cardurion,” said Peter Lawrence, Chief Executive Officer of Cardurion. “We have a shared vision to continue to build a world-class cardiovascular company pursuing treatments for a broad range of debilitating diseases. This funding will allow us to advance our first-in-class PDE9 inhibitor into a major Phase 2 trial in heart failure and to support the initiation of first-in-human studies with our CaMKII inhibitor program in several cardiovascular indications. We look forward to leveraging the experience and resources of our investors to build and scale Cardurion as a leading cardiovascular biotechnology company.” “This is an impressive team laser-focused on deep science, innovation, and collaboration in a strategically important therapeutic area where there is high unmet need for patients,” said Adam Koppel, M.D., PhD, a Managing Director at Bain Capital Life Sciences. “We look forward to a lasting partnership with Mike and Peter and their team, supporting the efforts to identify and develop novel therapies while building out a scale platform that can serve as a champion for cardiovascular drug development.” “This investment will accelerate our progress as we work to create transformative new medicines that deliver value for patients and other key stakeholders,” said Michael E. Mendelsohn, M.D., Founder and Chairman of Cardurion. “Cardurion is dedicated to advancing novel mechanisms that yield new treatments for cardiovascular disease, which remains the greatest cause of morbidity and mortality in our society.” In conjunction with Bain Capital’s investment, Koppel and Nicholas Downing, MD, a Principal at Bain Capital Life Sciences, will join the Cardurion Board of Directors. [/vc_column_text][vc_column_text]

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About Cardurion Pharmaceuticals Cardurion Pharmaceuticals is a clinical-stage biotechnology company focused on the discovery and development of novel, next-generation therapeutics for the treatment of heart failure and other cardiovascular diseases. Founded by physician-scientist Michael E. Mendelsohn, M.D., and built by a team of physician-scientists and industry leaders with extensive experience in cardiovascular science, drug development and business development, Cardurion Pharmaceuticals is pursuing unique drug discovery and development programs to target major unmet needs in cardiovascular medicine. Cardurion Pharmaceuticals has facilities in Boston, Massachusetts and Shonan, Japan. For more information, please visit the company’s website at http://www.cardurion.com. About Bain Capital Founded in 1984, Bain Capital, LP is one of the world’s leading private multi-asset alternative investment firms with offices on four continents and deep experience in healthcare. Bain Capital manages approximately $150 billion across asset classes and leverages the firm’s shared platform to capture opportunities in strategic areas of focus. Bain Capital Private Equity has partnered closely with management teams to provide the strategic resources that build great companies and help them thrive. A team of more than 275 investment professionals creates value for portfolio companies through its global platform and depth of expertise in key vertical industries including healthcare. Bain Capital Life Sciences pursues investments in biopharmaceutical, specialty pharmaceutical, medical device, diagnostics and enabling life science technology companies globally. The team focuses on companies that both drive medical innovation across the value chain and enable that innovation to improve the lives of patients with unmet medical needs.   Media Contact: Scott Lessne Stanton slessne@stantonprm.com 646-502-3569

Cardurion Pharmaceuticals Announces Appointment of Howard K. Surks, M.D., as Chief Scientific Officer and Head, Translational Medicine

Appointment reflects progress of Company’s early-stage pipeline toward the clinic

BOSTON, Mass., December 14, 2020Cardurion Pharmaceuticals, Inc. (Cardurion), a Boston-based, clinical-stage biotechnology company focused on discovering and developing next-generation therapeutics for the treatment of heart failure and other cardiovascular diseases, today announced the appointment of Howard K. Surks, M.D., as chief scientific officer and head, translational medicine. Dr. Surks joins Cardurion from Sanofi where he most recently served as head, translational medicine and clinical pharmacology U.S.

“We are very gratified that Howard has decided to join the Cardurion team at a time when our early-stage pipeline is moving rapidly toward the clinic,” said Peter Lawrence, chief executive officer of Cardurion. “Howard’s decades-long leadership encompassing cardiovascular drug discovery and development at Sanofi and Merck, and his basic cardiovascular research experience at Tufts Medical Center and School of Medicine, add to our already strong scientific team and ensure that we will have the expertise and experience needed to guide our early-stage programs into innovative human clinical trials.”

As head of translational medicine and clinical pharmacology U.S. at Sanofi, Dr. Surks recruited and led a team focused on research and early clinical development of molecules across multiple therapeutic areas. Prior to Sanofi, Dr. Surks worked in both translational medicine and cardiovascular clinical development at Merck. Dr. Surks has led or overseen translational medicine and clinical pharmacology in multiple preclinical and clinical programs for cardiovascular diseases, rare diseases, hematology and immunology. Before joining the pharmaceutical industry, Dr. Surks was an associate professor of medicine at the Molecular Cardiology Research Institute of Tufts Medical Center and School of Medicine, where he led an NIH-funded laboratory focused on cardiovascular signal transduction pathways and served on the cardiology division clinical faculty. Dr. Surks trained in cardiology and internal medicine at Tufts Medical Center.

“Cardurion is emerging as a leader in cardiovascular drug discovery and development, and I am excited to join the company to help move its novel portfolio of preclinical drug candidates into clinical trials,” said Dr. Surks. “Cardurion has the opportunity to change and improve the treatment paradigm in heart failure and other cardiovascular diseases, and I am thrilled to partner with such an experienced leadership team to bring transformative new medicines to patients in areas of great unmet need.”

About Cardurion Pharmaceuticals

Cardurion Pharmaceuticals is a clinical-stage biotechnology company focused on the development of novel, next-generation therapeutics for the treatment of heart failure and other cardiovascular diseases. Built by a team of physician-scientists and industry experts with extensive experience in cardiovascular science, medicine and drug development, Cardurion Pharmaceuticals is pursuing unique drug discovery and development programs to target major unmet needs in cardiology. Cardurion Pharmaceuticals has facilities in Boston, Massachusetts and Shonan, Japan. For more information, please visit the company’s website at http://www.cardurion.com.

Media Contact

Gwen Schanker
Ten Bridge Communications
gwen@tenbridgecommunications.com
269-921-3607

Cardurion Pharmaceuticals Announces Appointment of Chris Morabito, M.D., as Chief Medical Officer

 Appointment reflects growing strength and diversity of Cardurion’s pipeline

July 08, 2020 08:00 AM Eastern Daylight Time

BOSTON–(BUSINESS WIRE)–Cardurion Pharmaceuticals, Inc. (Cardurion), a Boston-based, clinical-stage biotechnology company focused on discovering and developing next-generation therapeutics for the treatment of heart failure and other cardiovascular diseases, today announced the appointment of Chris Morabito, M.D., as chief medical officer (CMO). Dr. Morabito joins Cardurion from Takeda Pharmaceuticals, where he most recently served as senior vice president and head, research and development (R&D), plasma-derived therapies, and where he previously served as vice president and global program leader, specialty cardiovascular (CV) disease.

“Cardurion has the opportunity to deliver life-changing therapies against previously un-drugged targets in heart failure and other cardiovascular diseases. I am delighted to be partnering with our experienced leadership team and look forward to helping the company bring transformative new medicines to patients.”

“We are thrilled that Chris is bringing to Cardurion his strong industry and operational leadership at a time when our lead program in heart failure is advancing in the clinic and our pipeline is maturing,” said Peter Lawrence, chief executive officer of Cardurion. “Chris has a deep background in cardiovascular drug development from his time at Takeda, Sanofi and Merck, as well as broad experience and skills in leading large groups and an array of mission critical projects. His vision and leadership will be essential to our ongoing work to bring transformative therapies to people with cardiovascular diseases.”

As head, R&D, plasma-derived therapies at Takeda, Dr. Morabito established a complete R&D organization and built a pipeline of life-transforming medicines for patients with rare and difficult-to-manage diseases. Prior to that, he served as head, pipeline strategy for global R&D at Takeda, where he influenced the integrated development of R&D programs across Takeda’s therapeutic areas. While in this role, Dr. Morabito was instrumental in the acquisition and integration of Shire that occurred in 2019. Dr. Morabito has extensive experience in cardiovascular disease drug development. He has led numerous programs in heart failure, pulmonary hypertension, atrial fibrillation, hypertension and diabetes mellitus at Merck, Sanofi and Takeda. He has overseen numerous Phase 1, proof-of-concept and pivotal studies, including CV outcome studies. Dr. Morabito trained initially as a neonatologist at the Cardiovascular Research Institute at University of California, San Francisco, where he focused on neonatal cardiology and was an NIH-funded scientist interrogating mechanisms of cardiomyocyte development.

“I am excited to join Cardurion at this important time, when both our lead program and broader pipeline are entering important phases in the development cycle,” said Dr. Morabito. “Cardurion has the opportunity to deliver life-changing therapies against previously un-drugged targets in heart failure and other cardiovascular diseases. I am delighted to be partnering with our experienced leadership team and look forward to helping the company bring transformative new medicines to patients.”

About Cardurion Pharmaceuticals

Cardurion Pharmaceuticals is a clinical-stage biotechnology company focused on the development of novel, next-generation therapeutics for the treatment of heart failure and other cardiovascular diseases. Built by a team of physician-scientists and industry experts with extensive experience in cardiovascular science, medicine and drug development, Cardurion Pharmaceuticals is pursuing unique drug discovery and development programs to target major unmet needs in cardiology. Cardurion Pharmaceuticals has facilities in Boston, Massachusetts and Shonan, Japan. For more information, please visit the company’s website at http://www.cardurion.com

Contacts
Gwen Schanker
Ten Bridge Communications
gwen@tenbridgecommunications.com
269-921-3607

Cardurion Pharmaceuticals Announces Appointment of Peter Lawrence as President and Chief Executive Officer

April 15, 2020 07:30 AM Eastern Daylight Time

BOSTON – (BUSINESS WIRE Cardurion Pharmaceuticals, Inc. (Cardurion), a Boston-based, clinical-stage biotechnology company focused on discovering and developing next-generation therapeutics for the treatment of heart failure and other cardiovascular diseases, today announced the appointment of Peter S. Lawrence as president and chief executive officer. Mr. Lawrence joins Cardurion after serving for almost 14 years as president and chief operating officer of ArQule, Inc., which was successfully sold to Merck in January 2020 for $2.7 billion. Mr. Lawrence succeeds Michael E. Mendelsohn, M.D., founder and interim CEO of Cardurion, who will continue in his role as chairman of Cardurion’s Board of Directors.

“Pete’s demonstrated success as a skilled and experienced biotechnology leader will be a tremendous asset to Cardurion as we progress our preclinical and clinical-stage pipeline of cardiovascular drug candidates into later-stage clinical development and ultimately to market,” said Dr. Mendelsohn. “His leadership will be critical to guiding Cardurion as we realize our long-term vision to bring life-changing new therapies to patients with heart disease.”

Mr. Lawrence brings more than 20 years of experience as a life sciences executive and investor with a track record of company building, deal making and operational leadership. In addition to his strategic role as president of ArQule, Mr. Lawrence oversaw the company’s R&D and manufacturing operations as well as its corporate and business development, new product planning, IT, legal and IP functions. Concurrently, he served as principal financial officer for ArQule and in that role helped raise over $350 million through six public financings. Additionally, Mr. Lawrence facilitated collaborations with ArQule’s pharmaceutical and biotechnology partners, overseeing partnerships with a total value in excess of $1 billion and providing the company hundreds of millions of dollars in milestone payments and development support. Before joining ArQule, Mr. Lawrence was a founder and general partner of Pod Venture Partners and previously was a corporate law equity partner at Mintz Levin. He holds a degree in history and Russian studies from Amherst College and a J.D. from Boston University School of Law.

“The Cardurion team is applying its deep cardiovascular expertise, strong drug discovery and clinical development backgrounds and an extensive industry and academic network to acquire and discover novel drug candidates to address cardiovascular disease,” said Mr. Lawrence. “I am excited about the opportunity to lead this talented team as we progress our most advanced clinical program into later-stage clinical testing in both forms of heart failure, while also bringing forward our preclinical pipeline of novel cardiovascular medicines.”

About Cardurion Pharmaceuticals

Cardurion Pharmaceuticals is a clinical-stage biotechnology company focused on the development of novel, next-generation therapeutics for the treatment of heart failure and other cardiovascular diseases. Built by a team of physician-scientists and industry experts with extensive experience in cardiovascular science, medicine and drug development, Cardurion Pharmaceuticals is pursuing unique drug discovery and development programs to target major unmet needs in cardiology. Cardurion Pharmaceuticals has facilities in Boston, Massachusetts and Shonan, Japan. For more information, please visit the company’s website at http://www.cardurion.com.

 

Media Contact
Gwen Schanker
Ten Bridge Communications
gwen@tenbridgecommunications.com
269-921-3607

Cardurion Pharmaceuticals Announces Investment from Polaris Partners and Appoints Amy Schulman to Board of Directors

BOSTON, Mass. – November 20, 2019 – Cardurion Pharmaceuticals, a biotechnology company focused on the development of novel, next-generation therapeutics for the treatment of heart failure and other cardiovascular diseases, today announced that it has consummated a private investment from Polaris Partners, a leading healthcare investment firm with a long history of partnering with entrepreneurs in biotechnology. Polaris Partners joins existing investor Takeda Pharmaceuticals. As part of the investment, Amy W. Schulman, a managing partner at Polaris Partners, will join the Cardurion Board of Directors.

“We are honored to have Polaris Partners, with its long history of leadership in biotechnology investing and company building, partner with us as we pursue novel drugs to treat cardiovascular diseases, and we are especially pleased to have Amy Schulman of Polaris bring her deep strategic and leadership experience to our board,” said Dr. Michael E. Mendelsohn, founder and chairman of Cardurion Pharmaceuticals. “Cardurion is dedicated to advancing novel mechanisms to create new treatments for cardiovascular diseases, which remain the greatest cause of morbidity and mortality in our society. Our lead clinical program studying CRD-733, a novel phosphodiesterase-9 enzyme (PDE9) inhibitor, is in development for the treatment of heart failure, which remains a major cause of death in our society. Our two discovery programs focus on unique molecular targets for other cardiovascular diseases, including both rare and more common arrhythmia disorders.”

Amy W. Schulman, a managing partner at Polaris Partners who will be joining Cardurion’s board, noted that cardiovascular disease affects millions of people in the United States alone. “This area of clear critical need, coupled with Michael’s deep expertise in the field, were important factors in Polaris’ decision to invest. Cardurion’s robust pipeline programs, led by a PDE9 inhibitor already in the clinic for the treatment of both forms of heart failure, are also factors underscoring Polaris’ enthusiasm for this platform.”

The securities issued have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from registration under the Securities Act and applicable state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful.

 

About Cardurion Pharmaceuticals

Cardurion Pharmaceuticals is a biotechnology company with both clinical and preclinical programs focused on the development of novel, next-generation therapeutics for the treatment of heart failure and other cardiovascular diseases. Founded by physician-scientist Michael E. Mendelsohn, M.D., with extensive experience in cardiovascular science, medicine and drug development, Cardurion Pharmaceuticals is pursuing unique drug discovery and development programs targeting major unmet needs in cardiovascular medicine. Cardurion Pharmaceuticals has facilities in Boston, Massachusetts and Shonan, Japan. For more information, please visit the company’s website at http://www.cardurion.com.

 

About Polaris Partners

Polaris Partners has a 20-plus year history of partnering with repeat entrepreneurs and world-class innovators who are improving the way we live and work. The multibillion-dollar firm manages specialty and diversified funds in healthcare and technology with investments across all stages. Polaris has offices in Boston and San Francisco. Learn more at polarispartners.com.

Investor and Media Contact

Michael E. Mendelsohn, M.D.

Cardurion Pharmaceuticals

info@cardurion.com

617-863-8088

Cardurion Pharmaceuticals Presents Preclinical Data for CRD-733 at the American Heart Association Scientific Sessions and Announces Initiation of Phase 1b Study in Patients with Heart Failure
CRD-733 treatment reduced or reversed several markers of heart failure and reversed pressure overload-induced cardiac hypertrophy in animal models

November 12, 2018 09:00 AM Eastern Standard Time

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Cardurion Pharmaceuticals, a biotechnology company focused on the development of novel, next-generation therapeutics for the treatment of cardiovascular diseases, today announced preclinical results from its study of CRD-733, the company’s novel Phosphodiesterase-9 enzyme (PDE-9) inhibitor, in a poster presentation at the American Heart Association (AHA) Scientific Sessions in Chicago. In a study of mice with left ventricular hypertrophy (LVH) in a standard preclinical heart failure model, mice treated with CRD-733 were protected from LVH and showed improvement in several other markers of heart failure.

“These data provide strong evidence for the potential therapeutic benefit of PDE9 inhibition in a preclinical model of heart failure,” said Daniel Bloomfield, M.D., chief executive officer at Cardurion Pharmaceuticals. “Based on these data, and the established safety and tolerability of CRD-733 in humans, we are excited to announce initiation of the first clinical trial of CRD-733 in patients with heart failure.”

As a result of Cardurion Pharmaceuticals’ preclinical data, the recent successful Phase 1 study in normal subjects, and the safety and tolerability of CRD-733 in more than 250 subjects to date, the company has now initiated its Phase 1b study in heart failure. The randomized, double-blind study is evaluating CRD-733 in patients with heart failure in the U.S. and Europe. The trial will include 44 patients in each sub-population of heart failure, heart failure with reduced ejection fraction (HFrEF) and preserved ejection fraction (HFpEF). Results are expected in 2019.

About CRD-733
CRD-733 is a Phosphodiesterase-9 enzyme (PDE-9) inhibitor. PDE-9 activity is abnormally elevated in heart failure which can impede activation of the heart’s normal responses to stress and make the heart more vulnerable to damage. In preclinical models of heart failure, inhibiting PDE-9 with CRD-733 restores these heart-protective mechanisms and has been shown to prevent and reverse heart muscle malfunction brought on by abnormal stress. Cardurion Pharmaceuticals obtained an exclusive, worldwide, royalty-bearing license from Astellas to research, develop, manufacture and commercialize CRD-733 for the diagnosis, prevention, and treatment of cardiovascular-related indications in humans.

About Heart Failure
Heart failure is marked by progressive weakening or stiffening of the heart muscle and the organ’s gradual loss of blood-pumping ability. Although symptoms can be managed, this is a chronic condition with no cure. With more than 26 million people with heart failure worldwide1 and 6.5 million people with heart failure in the United States2, heart failure is the most important remaining unmet need in cardiovascular disease. In the United States, heart failure accounts for more than 1 million hospital admissions2 and costs approximately $30 billion dollars each year to treat3. Not only are these costs expected to rise to almost $70 billion by 20303, the incidence of heart failure is projected to rise 46 percent – resulting in more than 8 million people with heart failure in the United States4. There are two forms of heart failure: heart failure with reduced ejection fraction (HFrEF) and heart failure with preserved ejection fraction (HFpEF). HFrEF, formerly known as systolic heart failure, is characterized by a decrease in the ability of the heart to eject blood sufficiently during contraction. HFpEF is the form of heart failure that occurs when the left ventricle becomes stiff and though it continues to eject blood normally, in HFpEF the heart’s ability to relax is reduced, causing it to be unable to fill with blood sufficiently. The prognosis of patients with HFpEF is similar to that of HFrEF5. Roughly half of the patients with heart failure have HFpEF5, for which there are no approved therapies.

About Cardurion Pharmaceuticals
Cardurion Pharmaceuticals is a biotechnology company with both clinical and preclinical programs focused on the development of novel, next-generation therapeutics for the treatment of heart failure and other cardiovascular diseases. Led by two physician-scientists with extensive experience in cardiovascular science, medicine, and drug development, Cardurion Pharmaceuticals’ unique programs and strongly collaborative environment enable the company to deliver promising treatments that target major unmet needs. Cardurion Pharmaceuticals has facilities in Cambridge, Massachusetts and Shonan, Japan. For more information, please visit the company’s website at http://www.cardurion.com.

Cardurion Pharmaceuticals’ Forward-Looking Statements
This press release contains forward-looking statements, all of which are qualified in their entirety by this cautionary statement. Any statements contained herein that do not describe historical facts, are forward-looking statements that are based on management’s expectations and are subject to certain factors, risks and uncertainties that may cause actual results, outcomes, timing and performance to differ materially from those expressed or implied by such statements. These factors, risks and uncertainties include, but are not limited to: the costs and uncertainties associated with our research efforts and other discovery activities; the inherent uncertainties associated with the conduct, timing and results of preclinical and clinical studies of our product candidates; and the adequacy of our capital resources and availability of additional funding. Except as otherwise noted, these forward-looking statements speak only as of the date of this press release, and we undertake no obligation to update or revise any of such statements to reflect events or circumstances occurring after this press release. We caution readers not to place undue reliance on the forward-looking statements contained in this press release.

The safety and efficacy of the agent discussed herein are under investigation and have not been established. There is no guarantee that the agent will receive regulatory approval and become commercially available for the uses being investigated. Information about pharmaceutical products (including products currently in development) which is included in this press release is not intended to constitute an advertisement or medical advice.

Global Public Health Burden of Heart Failure. Cardiac Failure Review (2017)
American Heart Association, Causes and Risks for Heart Failure (February 2018)
Circ Heart Fail. 2013 May ; 6(3): 606–619. doi:10.1161/HHF.0b013e318291329a
American Heart Association, Heart Disease and Stroke Statistics (January 2017)
5 Owen et al (2006) N Engl J Med

Contacts

W2O pure
Anne Lucke, +1 646-698-8474
alucke@w2ogroup.com

Silvia Priori, M.D., Ph.D. Delivers the William Harvey Lecture on Basic Science

CAMBRIDGE, MASS. – [October 2, 2018] – The European Society of Cardiology Congress holds four specialized lectures each year and selects four renowned scientists who are seen by their peers as leading experts in their corresponding fields. The William Harvey Lecture on Basic Science is a noteworthy accolade and recognizes a member of the scientific community specializing in cardiology.

Silvia Priori, M.D., Ph.D. was selected to deliver the William Harvey Lecture on Basic Science this year. On August 26th, Dr. Priori spoke about her inherited arrhythmogenic diseases study and the significant developments it has made in understanding the genetic basis of these types of diseases. With these results, she hopes to provide a foundation for gene therapies to fix the consequences of the flawed genes and bring new treatments to the clinic.

“Receiving the Harvey Lecture Award is really a great feeling and arrived at a time in which the advancements in molecular medicine are reaching the clinics with the promise of a better future for our patients,” said Dr. Priori.

Dr. Priori is a professor of Cardiology in the Department of Molecular Medicine at the University of Pavia, scientific director and director of the Cardiology Division at the Istituti Clinici Scientifici Maugeri and a director of the Molecular Cardiology Laboratories at the Centro National de Investigaciones Cardiovasculares Carlos III. Dr. Priori has received numerous prestigious honors and awards from scientific societies around the world, including the Distinguished Scientist Award of the Heart Rhythm Society and the Outstanding Research in Pediatric Cardiology award of the American Heart Association. Dr. Priori joined the Cardurion Pharmaceuticals scientific advisory board in September 2018.

Cardurion Pharmaceuticals Announces Initiation of Phase 1 Study of CRD-733, a PDE-9 Inhibitor in Development for the Treatment of Heart Failure

CAMBRIDGE, MASS. – [September 20, 2018] – Cardurion Pharmaceuticals, a biotechnology company focused on the development of novel, next-generation therapeutics for the treatment of cardiovascular diseases, today announced that the U.S. Food and Drug Administration (FDA) has accepted its Investigational New Drug Application (IND) for CRD-733, a Phosphodiesterase-9 (PDE-9) inhibitor in development to improve cardiac function in heart failure patients. Recent evidence supports that inhibition of PDE-9 has the potential to restore heart-protective mechanisms that are dysfunctional in heart failure, as well as improve heart muscle function and size. A Phase 1 clinical trial to evaluate the safety, pharmacokinetics and pharmacodynamics of orally administered single and multiple doses of CRD-733 in healthy volunteers was recently initiated.

“The advancement of CRD-733 into the clinic is an important milestone for Cardurion as we move our portfolio’s lead program forward toward treatment of heart failure, the most important unmet need in cardiovascular medicine,” said Daniel Bloomfield, M.D., chief executive officer at Cardurion Pharmaceuticals. “Compelling preclinical evidence supports that CRD-733 can enhance cardiac function in both known forms of heart failure. With limited options at present for those living with heart failure, we are excited about the potential for CRD-733 to have a positive impact on these patients.”

Cardurion Pharmaceuticals entered an exclusive licensing agreement with Astellas to develop and commercialize CRD-733 earlier this year.

About CRD-733

CRD-733 is a Phosphodiesterase-9 enzyme (PDE-9) inhibitor. PDE-9 activity is abnormally elevated in heart failure which can impede activation of the heart’s normal responses to stress and make the heart more vulnerable to damage. In preclinical models of heart failure, inhibiting PDE-9 with CRD-733 restores these heart-protective mechanisms and has been shown to prevent and reverse heart muscle malfunction brought on by abnormal stress. Cardurion Pharmaceuticals obtained an exclusive, worldwide, royalty-bearing license from Astellas to research, develop, manufacture and commercialize CRD-733 for the diagnosis, prevention, and treatment of cardiovascular-related indications in humans.

About Heart Failure

Heart failure is marked by progressive weakening or stiffening of the heart muscle and the organ’s gradual loss of blood-pumping ability. Although symptoms can be managed, this is a chronic condition with no cure. With more than 26 million people with heart failure worldwide1 and 6.5 million people with heart failure in the United States,2 heart failure is the most important remaining unmet need in cardiovascular disease. In the United States, heart failure accounts for more than 1 million hospital admissions2 and costs approximately $30 billion dollars each year to treat3. Not only are these costs expected to rise to almost $70 billion by 20303, the incidence of heart failure is projected to rise 46 percent – resulting in more than 8 million people with heart failure in the United States4.

About Cardurion Pharmaceuticals

Cardurion Pharmaceuticals is a biotechnology company with both clinical and preclinical programs focused on the development of novel, next-generation therapeutics for the treatment of heart failure and other cardiovascular diseases. Led by two physician-scientists with extensive experience in cardiovascular science, medicine, and drug development, Cardurion Pharmaceuticals’ unique programs and strongly collaborative environment enable the company to deliver promising treatments that target major unmet needs. Cardurion Pharmaceuticals has facilities in Cambridge, Massachusetts and Shonan, Japan. For more information, please visit the company’s website at http://www.cardurion.com.

Cardurion Pharmaceuticals’ Forward Looking Statements

This press release contains forward-looking statements, all of which are qualified in their entirety by this cautionary statement. Any statements contained herein that do not describe historical facts, are forward-looking statements that are based on management’s expectations and are subject to certain factors, risks and uncertainties that may cause actual results, outcomes, timing and performance to differ materially from those expressed or implied by such statements. These factors, risks and uncertainties include, but are not limited to: the costs and uncertainties associated with our research efforts and other discovery activities; the inherent uncertainties associated with the conduct, timing and results of preclinical and clinical studies of our product candidates; and the adequacy of our capital resources and availability of additional funding. Except as otherwise noted, these forward-looking statements speak only as of the date of this press release, and we undertake no obligation to update or revise any of such statements to reflect events or circumstances occurring after this press release. We caution readers not to place undue reliance on the forward-looking statements contained in this press release.

The safety and efficacy of the agent discussed herein are under investigation and have not been established. There is no guarantee that the agent will receive regulatory approval and become commercially available for the uses being investigated. Information about pharmaceutical products (including products currently in development) which is included in this press release is not intended to constitute an advertisement or medical advice.

Global Public Health Burden of Heart Failure. Cardiac Failure Review (2017)

American Heart Association, Causes and Risks for Heart Failure (February 2018)

Circ Heart Fail. 2013 May ; 6(3): 606–619. doi:10.1161/HHF.0b013e318291329a

American Heart Association, Heart Disease and Stroke Statistics (January 2017)

Media
Stephanie Hutton
W2O pure
shutton@w2ogroup.com
+1 910.726.1367

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