03.04.2020 Biotest AG  DE0005227235

DGAP-News: Biotest AG: Biotest is developing with Trimodulin a COVID-19 therapy for patients with a severe course of the disease


 

DGAP-News: Biotest AG / Key word(s): Research Update
Biotest AG: Biotest is developing with Trimodulin a COVID-19 therapy for patients with a severe course of the disease

03.04.2020 / 13:51
The issuer is solely responsible for the content of this announcement.


PRESS RELEASE

Biotest is developing with Trimodulin a COVID-19 therapy for patients with a severe course of the disease

- Highly innovative plasma protein product with great therapeutic potential

- Existing study shows: Trimodulin can significantly reduce mortality in mechanically ventilated patients with severe pneumonia

- Mode of action transferable to patients with Covid-19 induced pneumonia

- With additional funding, patients could benefit in current pandemic

- Biotest has already invested a three-digit million amount in drug development and a new production plant


Dreieich, 3 April 2020. Biotest's innovative antibody product Trimodulin (IgM Concentrate) is ready for advanced clinical testing in Covid-19 patients.

Very good results have already been achieved in a large-scale Phase II study in mechanically ventilated patients with severe pneumonia (severe Community Acquired Pneumonia = sCAP) (CIGMA study). This group of diseases also includes pneumonia caused by the current coronavirus in critically ill patients.

Trimodulin is administered as a adjunct to standard therapy such as antiviral or antibiotic therapy, and intensive care. In the CIGMA study, a relative reduction in mortality of 50-70% was observed in a subgroup of patients with high inflammation markers and/or reduced immune function (low immunoglobulin M levels).[1]

The same conditions also occur in Covid-19 patients with severe course of the disease. According to previous studies, the mode of action of Trimodulin includes not only the ability to support the immunological control of pathogens, but also the ability to dampen an excessive malfunction of the immune system and an excessive inflammation reaction.

Due to the great similarity of the clinical picture to the patients treated in the CIGMA study, Biotest sees Trimodulin as having considerable potential for patients with severe pneumonia after Covid-19 infection. Another IgM- and IgA-enriched immunoglobulin of Biotest AG, Pentaglobin(R), has already shown positive results treating f coronavirus infections (SARS 2002/03).[2] No data are yet available on the treatment of Covid-19 with Pentaglobin(R).

That is why Biotest is now expanding its planned Phase III study in sCAP to include Covid-19 patients. At the same time, an accelerated phase II study in Covid-19 patients is planned in order to drastically accelerate the development in response to the current Covid-19 pandemic. Biotest has already applied for European funding for the activities necessary to speed up the development. With Trimodulin, Biotest is developing a promising therapeutic option that could help saving numerous lives.

Biotest has already invested a three-digit million Euro amount in the development of Trimodulin and the associated new production facility. The funding programs for such advanced clinically innovative approaches for the therapy of Covid-19 are unfortunately still small and very limited. In this context, Biotest is hoping for more public support to accelerate drug development in this critical phase of the COVID-19 pandemic.

About Severe Community-Acquired Pneumonia (sCAP)
Severe Community-Acquired Pneumonia (sCAP) is usually defined as pneumonia acquired outside the hospital that requires intensive medical care. Mortality of sCAP patients admitted to the Intensive Care Unit (ICU) is up to 23-58 % depending on time and admission of the patient and has not improved much in recent years.

About Trimodulin (IgM Concentrate)
Trimodulin (IgM Concentrate) is an innovative immunoglobulin therapeutic derived from human blood plasma with a high content of IgG, IgM and IgA, which is currently being developed for the treatment of severe community-acquired pneumonia (sCAP). According to previous studies, Trimodulin (IgM Concentrate) acts through a wide range of mechanisms interfering pathophysiological processes, which otherwise could lead to severe respiratory disturbances, severe sepsis, multi organ failure and ultimately death of the patient. Besides neutralisation of bacterial endotoxin and exotoxin, IgM mediates increased recognition of pathogens by certain immune cells and promotes their destruction. In addition, IgM can rebalance excessive immune responses and possesses anti-inflammatory properties.

About Pentaglobin(R)
Pentaglobin(R) is the first and only IgM-enriched immunoglobulin preparation for intravenous use. Pentaglobin(R) significantly increases the survival rate of patients with severe bacterial infections and acts against a broad spectrum of bacterial pathogens. Pentaglobin's(R) mode of action, is both anti-bacterial by fast neutralization of bacterial endo- and exotoxins and anti-inflammatory by scavenging excessively activated complement factors. Pentaglobin(R) is licensed in several countries, mainly for the treatment of severe bacterial infections in combination with antibiotics.

About Biotest
Biotest is a provider of plasma proteins and biological drugs. With a value added chain that extends from pre-clinical and clinical development to worldwide sales, Biotest has specialised primarily in the areas of clinical immunology, haematology and intensive care medicine. Biotest develops and markets immunoglobulins, coagulation factors and albumin based on human blood plasma. These are used for diseases of the immune and haematopoietic systems. Biotest has more than 1,800 employees worldwide. The ordinary and preference shares of Biotest AG are listed in the Prime Standard on the German stock exchange.

IR contact
Dr Monika Buttkereit
Phone: +49-6103-801-4406
Mail: investor_relations@biotest.de

PR contact
Dirk Neumüller
Phone: +49-6103-801-269
Mail: pr@biotest.com

Biotest AG, Landsteinerstr. 5, 63303 Dreieich, Germany, www.biotest.com

Ordinary shares: securities' ID No. 522720; ISIN DE0005227201
Preference shares: securities' ID No. 522723; ISIN DE0005227235
Listing: Frankfurt (Prime Standard)
Open Market: Berlin, Düsseldorf, Hamburg/ Hanover, Munich, Stuttgart, Tradegate

Disclaimer
This document contains forward-looking statements on overall economic development as well as on the business, earnings, financial and assets position of Biotest AG and its subsidiaries. These statements are based on current plans, estimates, forecasts and expectations of the company and are thus subject to risks and elements of uncertainty that could result in significant deviation of actual developments from expected developments. The forward-looking statements are only valid at the time of publication. Biotest does not intend to update the forward-looking statements and assumes no obligation to do so.

[1] Welte et al., Intensive Care Med 2018; 44(4): 438-448
[2] Ho et al, IntJ TubercLung Dis 2004, Oct. 8(10):1173-9



03.04.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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Language: English
Company: Biotest AG
Landsteinerstraße 5
63303 Dreieich
Germany
Phone: 0 61 03 - 8 01-0
Fax: 0 61 03 - 8 01-150
E-mail: investor_relations@biotest.de
Internet: http://www.biotest.de
ISIN: DE0005227235, DE0005227201
WKN: 522723, 522720
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1015013

 
End of News DGAP News Service

1015013  03.04.2020 

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  2013 2014 2015 2016 2017 2018 2019 2020e
Umsatzerlöse1 500,80 582,00 589,60 553,10 378,10 400,30 419,10 460,00
EBITDA1,2 85,60 85,90 22,40 86,60 13,00 35,20 30,50 23,50
EBITDA-Marge3 17,09 14,76 3,80 15,66 3,44 8,79 7,28 5,11
EBIT1,4 53,80 53,40 -71,80 63,90 -9,30 10,60 -1,20 -7,50
EBIT-Marge5 10,74 9,18 -12,18 11,55 -2,46 2,65 -0,29 -1,63
Jahresüberschuss1 32,00 19,20 -82,50 -45,70 -3,50 181,70 -4,70 -8,00
Netto-Marge6 6,39 3,30 -13,99 -8,26 -0,93 45,39 -1,12 -1,74
Cashflow1,7 -7,20 -11,40 38,10 65,90 34,30 -50,00 -33,60 0,00
Ergebnis je Aktie8 0,75 0,50 -2,08 -1,17 -0,40 4,58 -0,11 -0,20
Dividende8 0,21 0,22 0,04 0,07 0,04 0,04 0,04 0,04
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Wirtschaftsprüfer: Ernst & Young

INVESTOR-INFORMATIONEN
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Biotest VZ
WKN Kurs in € Einschätzung Börsenwert in Mio. €
522723 27,100 Halten 1.074,36
KGV 2021e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
0,00 21,82 0,000 86,03
KBV KCV KUV EV/EBITDA
2,25 - 2,56 49,380
Dividende '19 in € Dividende '20e in € Div.-Rendite '19e
in %
Hauptversammlung
0,04 0,04 0,15 08.05.2020
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
08.05.2020 13.08.2020 12.11.2020 30.03.2020
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
8,08% 23,94% 32,20% 23,46%
    
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