OS Therapies Submits Request for Regenerative Medicine Advanced Therapy (RMAT) Designation to U.S. FDA for OST-HER2 in the Prevention of Metastases in Recurrent, Fully-Resected, Lung Metastatic Pediatric Osteosarcoma
June 06 2025 - 7:30AM
Business Wire
- If awarded, OST-HER2 would become the first listeria
investigational medicinal product to be awarded the RMAT
designation
- RMAT designation reduces BLA application review time and
permits augmented interactions with FDA to inform market
access
OS Therapies Inc. (NYSE-A: OSTX) (“OS Therapies” or “the
Company”), a clinical-stage cancer immunotherapy and antibody drug
conjugate biotechnology company, today announced it has submitted a
request for Regenerative Medicine Advanced Therapy (RMAT)
Designation to U.S. FDA for OST-HER2 in the prevention of
metastases in recurrent, fully-resected, lung metastatic pediatric
osteosarcoma. RMAT designations are granted to sponsors with
regenerative medicine therapies for serious or life-threatening
conditions and provide sponsors with various benefits, including
eligibility for an accelerated Biologics License Application (BLA)
review.
OST-HER2 has already received Rare Pediatric Disease Designation
(RPDD), Orphan Drug Designation (ODD) and Fast Track Designation
(FTD) for osteosarcoma from the U.S. FDA. If OST-HER2 receives a
conditional BLA via Accelerated Review prior to September 30, 2026,
the Company will become eligible to receive a Priority Review
Voucher (PRV) that it intends to immediately sell. The most recent
publicly disclosed PRV sale, valued at $155 million, occurred in
May 2025.
The Company is awaiting feedback by mid-June 2025 from a Type D
meeting with FDA regarding the statistical analysis plan to be used
in an End of Phase 2 meeting for OST-HER2 in the prevention of
metastases in recurrent, fully-resected, lung metastatic pediatric
osteosarcoma. Upon receipt of the Type D Meeting feedback, the
Company intends to promptly request the End of Phase 2 meeting with
FDA in which it will be seek agreement to allow it to begin a
rolling BLA submission in the third quarter of 2025. The grant of
the RMAT designation in the third quarter of 2025 complements the
company’s parallel efforts in other major markets, including Europe
and the United Kingdom, where the company plans to seek EMA PRIME
Designation and Conditional Market Access (CMA) applications.
In parallel to regulatory engagement and market access planning
for OST-HER2, the Company is preparing for the late stage clinical
development of other pipeline candidates. As such, the Company is
well positioned for sustained growth across multiple therapeutic
modalities.
About OS Therapies
OS Therapies is a clinical stage oncology company focused on the
identification, development, and commercialization of treatments
for osteosarcoma and other solid tumors. OST-HER2, the Company's
lead asset, is an immunotherapy leveraging the immune-stimulatory
effects of Listeria bacteria to initiate a strong immune response
targeting the HER2 protein. OST-HER2 has received Rare Pediatric
Disease Designation (RPDD) from the U.S. Food & Drug
Administration and Fast-Track and Orphan Drug designations from the
U.S. FDA and European Medicines Agency. The Company has
demonstrated positive data in its Phase 2b clinical trial of
OST-HER2 in recurrent, fully resected, lung metastatic osteosarcoma
demonstrating statistically significant benefit in the 12-month
event free survival (EFS) primary endpoint of the study. The
Company anticipates submitting a BLA to the U.S. FDA for OST-HER2
in osteosarcoma in 2025 and, if approved, would become eligible to
receive a Priority Review Voucher that it could then sell. OST-HER2
has completed a Phase 1 clinical study primarily in breast cancer
patients, in addition to showing preclinical efficacy data in
various models of breast cancer. OST-HER2 has been conditionally
approved by the U.S. Department of Agriculture for the treatment of
canines with osteosarcoma.
In addition, OS Therapies is advancing its next-generation
Antibody Drug Conjugate (ADC) and Drug Conjugates (DC), known as
tunable ADC (tADC), which features tunable, tailored
antibody-linker-payload candidates. This platform leverages the
Company's proprietary silicone Si-Linker and Conditionally Active
Payload (CAP) technology, enabling the delivery of multiple
payloads per linker. For more information, please visit
www.ostherapies.com.
Forward-Looking Statements
Statements in this press release about future expectations,
plans and prospects, as well as any other statements regarding
matters that are not historical facts, may constitute
forward-looking statements within the meaning of the federal
securities laws. These forward-looking statements and terms such as
"anticipate," "expect," "intend," "may," "will," "should" or other
comparable terms involve risks and uncertainties because they
relate to events and depend on circumstances that will occur in the
future. Those statements include statements regarding the intent,
belief or current expectations of OS Therapies and members of its
management, as well as the assumptions on which such statements are
based. OS Therapies cautions readers that forward-looking
statements are based on management’s expectations and assumptions
as of the date of this news release and are subject to certain
risks and uncertainties that could cause actual results to differ
materially, including, but not limited to the approval of OST-HER2
by the U.S. FDA and other risks and uncertainties described in
“Risk Factors” and “Management’s Discussion and Analysis of
Financial Condition and Results of Operations” in the Company’s
most recent Annual Report on Form 10-K and other subsequent
documents the Company files with the Securities and Exchange
Commission. Any forward-looking statements contained in this press
release speak only as of the date hereof, and, except as required
by the federal securities laws, OS Therapies specifically disclaims
any obligation to update any forward-looking statement, whether as
a result of new information, future events or otherwise.
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OS Therapies Contact Information: Jack Doll 410-297-7793
Irpr@ostherapies.com
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