Ossium Health Announces FDA Clearance of its Investigational New Drug Application for Treatment of Perianal Fistulizing Crohn’s Disease – Business…

SAN FRANCISCO--(BUSINESS WIRE)--Ossium Health, Inc., a clinical-stage bioengineering company developing cellular therapeutics to revolutionize treatment of blood, immune, and inflammatory diseases, announced today that the U.S. Food and Drug Administration (FDA) has accepted its Investigational New Drug (IND) application for OSSM-001, a mesenchymal stem cell (MSC) product, for the treatment of refractory perianal fistulas in patients with Crohns disease. Ossium plans to initiate patient screening and enrollment in a multi-center Phase 1 clinical trial evaluating OSSM-001 by the end of 2022.

The FDAs clearance of our OSSM-001 product to enter clinical trials is a major milestone in our development of advanced therapies that leverage Ossiums proprietary manufacturing platform to treat patients with diseases of inflammation, said Ossiums Chief Executive Officer and Co-Founder, Kevin Caldwell. OSSM-001 is the second Ossium cell therapy product to enter the clinic and the first of our MSC products to be used in patients. The initiation of this trial is a crucial step toward the development of a new treatment paradigm for patients with refractory perianal fistulas, which represent one of the most challenging manifestations of Crohns disease.

This study is a double-blind, randomized, placebo-controlled Phase 1 trial to evaluate the safety and feasibility of a single dose of allogeneic bone marrow-derived MSCs at prespecified doses of 100 million or 300 million cells in adults with medically refractory perianal fistulizing Crohns disease. The primary endpoint of this study is product safety with secondary endpoints for fistula healing.

About Perianal Fistulizing Crohn's Disease (CD)

CD is a chronic inflammatory disease of the digestive system. People living with CD may develop perianal fistulas, which affect an estimated 54,000 people per year in the U.S. and can cause intense pain, swelling, infection, and discharge.

About Ossium Health, Inc.

Ossium Health is a therapeutics company that leverages its unique deceased donor bone marrow banking platform to develop stem cell therapies for patients with life-threatening blood, immune, and inflammatory diseases. Founded in 2016, the company is led by its co-founders: President & CEO Kevin Caldwell and EVP & Chief Science Officer Erik Woods. The companys mission is to improve the health, vitality, and longevity of human beings through bioengineering. Learn more about Ossium at ossiumhealth.com.

View original post here:

Ossium Health Announces FDA Clearance of its Investigational New Drug Application for Treatment of Perianal Fistulizing Crohn's Disease - Business...