BOSTON, May 17, 2017 (GLOBE NEWSWIRE) -- ZIOPHARM Oncology, Inc. (Nasdaq:ZIOP), a biopharmaceutical company focused on new
immunotherapies, today announced that it will present updated results from its Phase 1, multicenter, dose-escalation study and
20-mg expansion cohort of Ad-RTS-hIL-12 + orally administered veledimex in patients with recurrent or progressive glioblastoma
(GBM) at the 2017 American Society of Clinical Oncology (ASCO) Annual Meeting to be held June 2-6 in Chicago. Ad-RTS-hIL-12 +
veledimex is a novel, viral gene therapy candidate for the controlled expression of interleukin-12 (IL-12), a pro-inflammatory
cytokine critical for stimulating anti-cancer immune responses.
As noted in the abstract released today, subjects with recurrent or progressive grade III or IV glioma
undergoing resection were intratumorally injected with 2 x 1011 adenovirus (Ad) particles and received veledimex for 15
daily doses, beginning just prior to surgery. The primary endpoint of the study was safety and tolerability of Ad-RTS-hIL-12 +
veledimex, with secondary endpoints including overall survival. Updated results will be presented at the meeting on June 5.
Glioblastoma is an aggressive brain tumor affecting approximately 74,000 people worldwide
annually.i,ii Patients with recurrent GBM typically have a median overall survival (mOS) of 6-7 months, and overall
survival in patients who have failed temozolomide, bevacizumab or equivalent salvage chemotherapy, is approximately 3-5
months.iii,iv
“Recurrent glioblastoma is a rapidly progressing disease with no standard of care and extremely poor prognoses,
and thus there is an urgent need for new treatment options,” said Francois Lebel, M.D., Executive Vice President, Research and
Development, Chief Medical Officer at ZIOPHARM. “We look forward to updating results from this study at ASCO and to soon advancing
Ad-RTS-hIL-12 + veledimex into additional treatment settings, including a stereotactic arm, a pediatric trial in diffuse intrinsic
pontine glioma patients and a combination study with an immune checkpoint inhibitor. We also continue to assess several paths for
the initiation of a pivotal trial and look forward to providing updates on this strategy following completion of discussions with
regulators and clinical advisors.”
Details for the poster presentation at ASCO 2017:
Title: Expanded phase I study of intratumoral Ad-RTS-hIL-12 plus oral veledimex: Tolerability and survival
in recurrent glioblastoma
Abstract Number: 2044
Session: Central Nervous System Tumors
Date and Time: Monday, June 5, 2017, 1:15 – 4:45 p.m. CT
About ZIOPHARM Oncology, Inc.:
ZIOPHARM Oncology is a Boston, Massachusetts-based biotechnology company employing novel gene expression,
control and cell technologies to deliver safe, effective and scalable cell- and viral-based therapies for the treatment of cancer
and graft-versus-host-disease. The Company's immuno-oncology programs, in collaboration with Intrexon Corporation (NYSE:XON) and
the MD Anderson Cancer Center, include chimeric antigen receptor T cell (CAR-T) and other adoptive cell-based approaches that use
non-viral gene transfer methods for broad scalability. The Company is advancing programs in multiple stages of development together
with Intrexon Corporation's RheoSwitch Therapeutic System® technology, a switch to turn on and off, and precisely
modulate, gene expression in order to improve therapeutic index. The Company's pipeline includes a number of cell-based
therapeutics in both clinical and preclinical testing which are focused on hematologic and solid tumor malignancies.
Forward-Looking Safe-Harbor Statement:
This press release contains certain forward-looking information about ZIOPHARM Oncology, Inc. that is intended
to be covered by the safe harbor for "forward-looking statements" provided by the Private Securities Litigation Reform Act of 1995,
as amended. Forward-looking statements are statements that are not historical facts, and in some cases can be identified by terms
such as "may," "will," "could," "expects," "plans," "anticipates," and "believes." These statements include, but are not limited
to, statements regarding the Company's plans and expectations regarding its securities offerings, fundraising activities and
financial strategy, the progress, timing and results of preclinical and clinical trials involving the Company's drug candidates,
and the progress of the Company's research and development programs. All of such statements are subject to certain risks and
uncertainties, many of which are difficult to predict and generally beyond the control of the Company, that could cause actual
results to differ materially from those expressed in, or implied by, the forward-looking statements. These risks and uncertainties
include, but are not limited to: our ability to finance our operations and business initiatives and obtain funding for such
activities, whether chimeric antigen receptor T cell (CAR-T) approaches, Ad-RTS-hIL-12, TCR and NK cell-based therapies, or any of
our other therapeutic candidates will advance further in the preclinical or clinical trials process and whether and when, if at
all, they will receive final approval from the U.S. Food and Drug Administration or equivalent foreign regulatory agencies and for
which indications; whether chimeric antigen receptor T cell (CAR-T) approaches, Ad-RTS-hIL-12, TCR and NK cell-based therapies, and
our other therapeutic products will be successfully marketed if approved; the strength and enforceability of our intellectual
property rights; competition from other pharmaceutical and biotechnology companies; and the other risk factors contained in our
periodic and interim reports filed from time to time with the Securities and Exchange Commission, including but not limited to, our
Annual Report on Form 10-K for the fiscal year ended December 31, 2016 and our Quarterly Report on Form 10-Q for the quarter ended
March 31, 2017. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the
date hereof, and we do not undertake any obligation to revise and disseminate forward-looking statements to reflect events or
circumstances after the date hereof, or to reflect the occurrence of or non-occurrence of any events.
i Mrugala MM. Advances and challenges in the treatment of glioblastoma: a clinician's perspective. Discov Med.
2013;15:221-230.
http://www.discoverymedicine.com/Maciej-M-Mrugala/2013/04/25/advances-and-challenges-in-the-treatment-of-glioblastoma-a-clinicians-perspective/.
Accessed March 24, 2015.
ii McCubrey JA, LaHair MM, Franklin RA. OSU—0312 in the treatment of glioblastoma. Mol Pharmacol. 2006;70:437-439.
iii Omuro, A. Glioblastoma and Other Malignant Gliomas. A Clinical
Review JAMA. 2013 Nov 6;310(17):1842-50.
iv Iwamoto et al. Patterns or relapse and prognosis after bevacizumab failure in recurrent glioblastoma. Neurology 2009;
73(15):1200-1206
Trademarks
RheoSwitch Therapeutic System® and RTS® are registered trademarks of Intrexon Corporation.
Contact: Amy Trevvett Vice President, Corporate Communications and Investor Relations 617-502-1881 atrevvett@ziopharm.com David Pitts Argot Partners 212-600-1902 david@argotpartners.com
