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Biosergen Announces Safety Committee Approval to Proceed with Dose Escalation in Second Cohort for BSG005 Clinical Trial

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November 7, 2024 – Biosergen AB (“Biosergen”), a clinical-stage biotechnology company developing therapies for life-threatening fungal infections, today announced that an independent Safety Review Committee has approved the continuation of dose escalation in its ongoing proof-of-concept trial for BSG005. Following a favorable review of safety data from the first cohort, a new cohort of five patients will soon begin treatment at an increased dose level.

“We are encouraged by the Safety Review Committee’s positive review of BSG005’s safety profile in the initial cohort, and we look forward to evaluating the effects of dose escalation in the next group of patients,” said Tine Olesen, CEO of Biosergen. “This decision marks an important step in our clinical program, and we are pleased to continue our proof-of-concept trial as planned, remaining on track to enroll and treat three cohorts by January 2025.”

The current proof-of-concept trial assesses BSG005’s safety, tolerability, and efficacy as a rescue therapy for patients with potentially life-threatening fungal infections who have limited or no treatment options. The initial cohort, treated at a lower dose, demonstrated promising outcomes with no significant safety concerns reported. This led to longer treatments and higher doses than first anticipated, underscoring the clinical investigators' emerging confidence in BSG005’s safety and promising efficacy even at this early stage. Based on this data, the committee has approved the initiation of the second cohort.

In the first cohort, the daily dose was gradually escalated from 0.1 mg/kg to a maximum of 0.8-1 mg/kg, as, in two cases, patients felt well enough to independently opt to leave the hospital before reaching 1 mg/kg. For the second cohort, it is planned to escalate the dosing from 0.8 mg/kg to 1.5mg/kg, dependent on safety and efficacy data of the individual patient.

For further information about Biosergen, please contact:

Tine Kold Olesen, CEO
Telephone: +45 3135 5707
E-mail: tine.olesen@biosergen.net

Niels Laursen, CFO
Telephone: +45 4014 5059
Email: niels.laursen@biosergen.net

The Company’s Certified Adviser is Carnegie Investment Bank AB (publ).

About Biosergen
Biosergen is a biotechnology company in the clinical stage within the therapeutic field of life-threatening fungal diseases. Biosergen’ s mission is to develop the drug candidate BSG005, into a new first line treatment choice for resistant and/or difficult to treat invasive fungal infections, setting a new standard for combating invasive fungal diseases where current therapies fall short and thereby saving thousands of lives of lives of immune-compromised cancer, transplant and AIDS patients every year.

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