Skip Header
Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Syncona reports positive findings from investee Freeline

(Sharecast News) - Life science investor Syncona reported positive findings from its portfolio company Freeline Therapeutics on Thursday, after a phase one and two study of its gene therapy candidate for Gaucher disease, 'FLT20', showed encouraging results. The London-listed firm said Gaucher disease, a genetic disorder stemming from GCase enzyme deficiency, saw promising outcomes from four patients who discontinued prior therapies as of 19 February.

Key highlights from the presentation included FLT201's favourable safety profile, marked by the absence of infusion reactions and severe adverse events.

Notably, robust and sustained expression of the GCase enzyme in the plasma was observed, indicating potential therapeutic efficacy.

Furthermore, significant reductions in Lyso-Gb1, a recognised biomarker of clinical response, were noted in patients with persistently high levels despite prior enzyme replacement or substrate reduction therapies.

Additionally, maintenance or improvement of haemoglobin levels and platelet counts post withdrawal of previous treatments was observed.

Emerging late-breaking data as of 8 April revealed early signs of clinical benefit. Improvement in bone marrow burden and notable alleviation of fatigue, leading to enhanced daily functioning, were observed in patients post-dosing.

"We are very encouraged by the data generated from FLT201 which demonstrates a favourable safety and tolerability profile and significant enzyme activity," said Chris Hollowood, chief executive officer of Syncona Investment Management and chair of Freeline.

"We are confident this treatment has the potential to challenge the standard of care in Gaucher disease, where current treatments are life-long and do not fully alleviate the disease.

"After a decade on ERT, 60% of patients still experience symptoms, including bone pain, lung dysfunction, enlarged organs, fatigue and low platelet counts."

Hollowood said Freeline's treatment sustained GCase expression, with data presented at ASGCT also suggesting that FLT201 could potentially transform the quality of life for patients.

"The company expects to publish further data this year, which we view as a key value inflection point, and is advancing FLT201 towards a phase three trial next year."

At 1246 BST, shares in Syncona were down 0.16% at 121.8p.

Reporting by Josh White for Sharecast.com.

Share this article

Related Sharecast Articles

Impax reports assets under management growth in Q3
(Sharecast News) - Impax Asset Management reported a 3.1% increase in assets under management (AuM) during its third quarter on Wednesday, reaching £26.13bn as of 30 June.
Jet2 shares slide despite record full-year results
(Sharecast News) - Jet2 shares slid on Tuesday morning, despite the company reporting record annual profits, revenues and passenger numbers for the year ended 31 March.
JPMorgan upgrades Genuit, sees risk/reward as more favourable
(Sharecast News) - JPMorgan Cazenove upgraded Genuit - formerly Polypipe - on Wednesday, to 'overweight' from 'neutral' and lifted the price target to 490p from 450p as it rolled forward its valuation to December 2026 from June 2026.
RBC upgrades Berkeley and Persimmon in housebuilder ratings reshuffle
(Sharecast News) - RBC Capital Markets has reshuffled its ratings across the UK housing sector amid a "two-speed housing market", raising its recommendations for Berkeley and Persimmon, and cutting its stances on Bellway and Taylor Wimpey.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Award-winning online share dealing

Search, compare and select from thousands of shares.

Expert insights into investing your money

Our team of experts explore the world of share dealing.