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GT Biopharma Announces Recently Presented Data on Our Next Generation TriKE (OXO-C3550) at The Ash Meeting in Atlanta, GA

LOS ANGELES, CA / ACCESSWIRE / December 13, 2017 / GT Biopharma Inc. (OTCQB: GTBP and Euronext Paris GTBP.PA) announced today that Dr. Jeffrey Miller, Deputy Director of the Masonic Cancer Center, University of Minnesota presented data on our second-generation anti-CD16-IL-15-anti-CD33 TriKE (OXS-C3550); another first of its kind, single-chain, tri-specific NK cell engager (TriKE).

The OXS-C3550 TriKE was developed following continued research with the TriKE platform at the Masonic Cancer Center, University of Minnesota. As demonstrated in non-clinical models, this targeted immunotherapy directs immune cells to kill cancer cells while diminishing drug-related toxicity.

These data suggest that OXS-C3550 has functional advantages over our first-generation TriKE and warrants clinical testing. These advantages include, better induction of NK cell function, better induction of proliferation, better stability of binding, and better in vivo tumor control.

In addition, these promising new findings will direct our future TriKE and TetraKE development towards consideration of using the modified CD16 component (camelid version), which we believe has great potential in the tumor immunotherapy setting.

OXS C3550 will focus on AML, the most common form of adult leukemia with 43,000 new cases each year. These patients will require frontline therapy, usually chemotherapy including cytarabine and an anthracycline, a therapy that has not changed in over 40 years. Also, about half will have relapses and require alternative therapies. In addition, about 20,000 new cases of myelodysplastic syndrome (MDS) are diagnosed each year and there are minimal treatment options (Siegel et al, 2014). At a minimum, OXS-C3550 can be expected to serve as a relatively safe, inexpensive, and easy to use therapy for resistant/relapsing AML. From a biologic standpoint, it could also be combined with chemotherapy as frontline therapy.

The NK cell cancer-killing activity is expected to be increased by bringing the NK cells in close proximity to the cancer cells. This can be achieved by "engagers" (linkers) that bind to CD16 on the surface of NK cells and bind specific proteins (such as CD33) on the surface of cancer cells, thus linking the NK cell to the cancer cell. The original anti-CD16-IL-15-anti-CD33 TriKE (OXS-3550) utilized the inclusion of a modified Interleukin-15 (IL-15), a peptide that activates NK cells, in the "engager" further increases NK cancer-cell killing capabilities and improves their function in the tumor microenvironment (Vallera et al,2016). This second-generation generation anti-CD16-IL-15-anti-CD33 TriKE (OXS-C3550) utilizes a modified anti-CD16 component while incorporating the wild-type IL-15.

It was thought that steric factors, possibly mediated by the two scFv arms containing a VH and a VL, may hinder maximal functionality in this molecule by mispairing at the time of refolding. To address this, we substituted the anti-CD16 scFv arm in the TriKE platform with a novel humanized camelid anti-CD16 single-domain antibody to create a second-generation molecule (OXS-C3550). Single-domain antibodies have several advantages, including better stability and solubility, more resistance to pH changes, can better recognize hidden antigenic sites, lack of a VL portion thus preventing VH/VL mispairing and they are suitable for construction of larger molecules. In our bacterial production system, the OXS-C3550 construct yielded better purities and quantities than the first-generation TriKE molecule. OXS-C3550 induced a potent increase in NK cell degranulation, measured by CD107a expression against HL-60 AML tumor targets when compared to the first-generation TriKE (70.75±3.65% vs. 30.75±5.05%). IFNg production was similarly enhanced (29.2±1.8% vs. 6.55±1.07%). OXS-C3550 also exhibited a robust increase in NK cell proliferation (57.65±6.05% vs. 20.75±2.55%).

OXS-C3550 also yielded better tumor control in a primary AML tumor model (NSG mice engrafted with HL-60-luc targets and human NK cells). OXS-C3550 treated mice had 130-fold less tumor burden than the first-generation TriKE treated mice (1.86x107±2.76x106 vs 2.45x109±4.26x108 p/sec/cm2/sr, P = 0.0005, n = 5), indicating a strong improvement in AML tumor control with OXS-C3550.

GT Biopharma Chief Medical officer (CMO) Dr. Raymond Urbanski said, "These data demonstrate not only the activity and effectiveness of OXS-C3550 but also how easily and quickly we can adapt the TriKE constructs to improve the attributes of the molecule."

About GT Biopharma, Inc.: GT Biopharma, Inc. is a biotechnology company focused on innovative drugs for the treatment of cancer and nervous system diseases (Neurology and Pain) along with other unmet medical needs. GT's lead oncology drug candidate, OXS-1550 (DT2219) is a novel bispecific scFv recombinant fusion protein-drug conjugate composed of the variable regions of the heavy and light chains of anti-CD19 and anti-CD22 antibodies and a modified form of diphtheria toxin as its cytotoxic drug payload. OXS-1550 targets cancer cells expressing the CD19 receptor or the CD22 receptor or both receptors. When OXS-1550 binds to cancer cells, the cancer cells internalize the drug and are killed due to the action of cytotoxic payload. OXS-1550 has demonstrated success in early human clinical trials in patients with relapsed/refractory B-cell lymphoma or leukemia. In addition, GT's TriKE platform will address a number of cancer types. GT's nervous system platform is focused on acquiring or discovering and patenting late-stage, de-risked, and close-to-market improved treatments for nervous system diseases (Neurology and Pain) and shepherding them through the approval process to the NDA. GT Biopharma's neurology products currently include PainBrake, as well as treatments for the symptoms of myasthenia gravis, and motion sickness.

Except for historical information contained herein, the statements in this release are forward-looking and made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are inherently unreliable and actual results may differ materially. Examples of forward-looking statements in this news release include statements regarding the effectiveness of the Company's products, the potential outcome of clinical studies, the future success of development activities and the future growth and operating and financial performance of the Company. Factors which could cause actual results to differ materially from these forward-looking statements include such factors as the Company's ability to accomplish its business initiatives, obtain regulatory approval and protect its intellectual property; significant fluctuations in marketing expenses and ability to achieve or grow revenue, or recognize net income, from the sale of its products and services, as well as the introduction of competing products, or management's ability to attract and maintain qualified personnel necessary for the development and commercialization of its planned products, and other information that may be detailed from time to time in the Company's filings with the United States Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Company website:

www.GTBiopharma.com

Media contact:

Stuart Pfeifer, Sitrick & Co. (310) 788-2850, or spfeifer@sitrick.com

SOURCE: GT Biopharma Inc.

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