UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
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Item 7.01 Regulation FD Disclosure.
On June 26, 2023, Adicet Bio, Inc. (Adicet or the Company) issued a press release titled “Adicet Bio Reports Positive Data from Ongoing ADI-001 Phase 1 Trial in Patients with Relapsed or Refractory Aggressive B-Cell Non-Hodgkin’s Lymphoma (NHL),” a copy of which is furnished herewith as Exhibit 99.1 to this Current Report on Form 8-K.
The information in this Item 7.01, including Exhibit 99.1 attached hereto, is intended to be furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 8.01 Other Events.
On June 26, 2023, the Company issued a press release and presented on safety and efficacy data from the Company’s ongoing Phase 1 study of ADI-001 for the potential treatment of relapsed or refractory aggressive B-cell non-Hodgkin’s lymphoma (NHL). Data highlights as of the May 4, 2023 data-cut date were as follows:
Table 1 – Summary of Phase 1 ADI-001 Preliminary Efficacy Data as of the May 4, 2023 data-cut date:
ACTIVE/123834403
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Median No. of Prior Lines |
Post-CAR T Patients |
ORR (%) |
CR Rate (%) |
3-month CR Rate (%) |
6-month CR Rate (%) |
DL4 (RP2D) |
4 |
3/8 (37.5%) |
6/8 (75.0%) |
5/8 (62.5%) |
4/8 (50.0%) |
2/8 (25.0%) |
DL4 (RP2D) Post CAR T |
4 |
3/3 (100.0%)
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3/3 (100.0%) |
2/3 (67.7%) |
1/3 (33.3%) |
1/3 (33.3%) |
All Doses |
4 |
12/24 (50%) |
17/24 (70.8%) |
15/24 (62.5%) |
9/24 (37.5%)
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4/24 (16.7%) |
Post CAR T All Doses |
4 |
12/12 (100.0%) |
10/12 (83.3%) |
8/12 (66.7%) |
4/12 (33.3%) |
2/12 (16.7%) |
Table 2 – Summary of Phase 1 ADI-001 Safety Data in Efficacy Evaluable Patients as of the May 4, 2023 data-cut date*:
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DL1(N=3) |
DL2(N=3) |
DL3(N=6) |
DL3 X2(N=4) |
DL4(N=8) |
Total (N=24) |
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Any Grade |
Gr>=3 |
Any Grade |
Gr>=3 |
Any Grade |
Gr>=3 |
Any Grade |
Gr>=3 |
Any Grade |
Gr>=3 |
Any Grade |
Gr>=3 |
CRS |
2 (66.7%) |
0 |
0 |
0 |
1 (16.7%) |
1 (16.7%) |
4 (100.0%) |
0 |
4 (50.0%) |
0 |
11 (45.8%) |
1 (4.2%) |
ICANS |
0 |
0 |
1 (33.3%) |
0 |
0 |
0 |
1 (25.0%) |
1 (25.0%) |
1 (12.5%) |
0 |
3 (12.5%) |
1 (4.2%) |
GvHD |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
DLT |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Infection |
1 (33.3%) |
1 (33.3%) |
2 (66.7%) |
0 |
3 (50.0%) |
2 (33.3%) |
2 (50.0%) |
1 (25.0%) |
3 (37.5%) |
2 (25.0%) |
11 (45.8%) |
6 (25.0%) |
SAE-TEAE |
1 (33.3%) |
1 (33.3%) |
2 (66.7%) |
2 (66.7%) |
4 (66.7%) |
3 (50.0%) |
2 (50.0%) |
2 (50.0%) |
3 (37.5%) |
2 (25.0%) |
12 (50.0%) |
10 (41.7%) |
ACTIVE/123834403
Related SAE-TEAE |
1 (33.3%) |
0 |
1 (33.3%) |
1 (33.3%) |
3 (50.0%) |
2 (33.3%) |
2 (50.0%) |
2 (50.0%) |
3 (37.5%) |
2 (25.0%) |
10 (41.7%) |
7 (29.2%) |
*Safety assessment was performed using the Common Terminology Criteria for Adverse Events (v5) and the American Society for Transplantation and Cellular Therapy criteria.
The disclosure under this Item 8.01 contains “forward-looking statements” of Adicet within the meaning of the Private Securities Litigation Reform Act of 1995 relating to business and operations of Adicet. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements include, but are not limited to, express or implied statements regarding the potential safety, durability, tolerability and efficacy of ADI-001; the expected progress, timing and success of the Phase 1 study of ADI-001 in relapsed/refractory NHL patients, including the identification of a recommended Phase 2 dose and the expected performance compared to approved CD19 autologous CAR T therapy; the plan to transition ADI-001 into a potentially pivotal Phase 2 study in the first half of 2024; and expected timing of additional data in post-CAR T LBCL patients in the second half of 2024.
Any forward-looking statements in this Item 8.01 are based on management's current expectations and beliefs of future events, and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements, including without limitation, the effect of COVID-19 on Adicet’s business and financial results, including with respect to disruptions to Adicet’s preclinical or clinical studies, business operations and ability to raise additional capital; Adicet’s ability to execute on its strategy, including obtaining the requisite regulatory approvals on the expected timeline, if at all; that positive results, including results, from a preclinical or clinical study may not necessarily be predictive of the results of future or ongoing studies; clinical studies may fail to demonstrate adequate safety and efficacy of Adicet’s product candidates, which would prevent, delay, or limit the scope of regulatory approval and commercialization; and regulatory approval processes of the FDA and comparable foreign regulatory authorities are lengthy, time-consuming, and inherently unpredictable. For a discussion of these and other risks and uncertainties, and other important factors, any of which could cause Adicet’s actual results to differ from those contained in the forward-looking statements, see the section titled "Risk Factors" in Adicet’s most recent Annual Report on Form 10-K for the year ended December 31, 2022 and subsequent filings with the Securities and Exchange Commission. All disclosure under this Item 8.01 is as of the date of this Form 8-K, and Adicet undertakes no duty to update this information unless required by law.
Item 9.01. Exhibits.
(d) Exhibits
Exhibit No. |
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Description |
99.1 |
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Press release issued by Adicet Bio, Inc. on June 26, 2023, furnished herewith. |
104 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document). |
ACTIVE/123834403
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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ADICET BIO, INC. |
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Date: |
June 26, 2023 |
By: |
/s/ Nick Harvey |
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Name: Title: |
Nick Harvey |
ACTIVE/123834403