ACW positive XanaMIA Interim Analysis outcome
Released
Released
Announcement PDF
Actinogen Medical Limited ACN 086 778 476
Suite 901, Level 9, 109 Pitt Street, Sydney NSW 2000
+61 2 8964 7401 | actinogen.com.au
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ASX ANNOUNCEMENT
Actinogen receives positive Interim Analysisrecommendation from its independent Data
Monitoring Committee to continue the XanaMIA pivotal Alzheimer’s disease trial
Sydney, 30 January 2026. Actinogen Medical ASX: ACW (“ACW” or “the Company”) is pleased to
announce that the XanaMIA pivotal Alzheimer’s disease (AD) trial’s independent Data Monitoring Committee
(DMC) has recommended that the trial continue without amendment after its interim analysis. In doing so, the
DMC determined that the unblinded safety and efficacy data it reviewed support continuing the trial to its
completion later in the year.
Highlights:
• In a confidential process designed to preserve the statistical power of the trial, the external DMC
considered unblinded safety and efficacy data (decoded for Xanamem or placebo treatment) from
approximately 37% of the expected final dataset, including data from 136 participants with one or more
efficacy datapoints and 52 participants who had finished the full 36 weeks of treatment. All ACW staff and
XanaMIA trial personnel remain blinded to participant treatment assignment.
• Following the positive DMC recommendation, the XanaMIA trial will continue to treat ongoing participants
with either Xanamem 10 mg or placebo for a total of 36 weeks – enrolment of the final 247th participant
occurred in December last year and the last participant’s final evaluation visit is expected in September
this year
• Topline final results are due in November of this year, with subsequent presentation at a key Alzheimer’s
disease scientific meeting and publication in a peer-reviewed journal
• All XanaMIA participants are potentially eligible to participate in the open-label extension phase of the trial,
due to open for enrolment in March, and will receive active Xanamem 10 mg
• A second pivotal trial, similar to XanaMIA but larger, will commence in 2027 in multiple countries including
Australia, along with open-label and clinical pharmacology trials. This relatively streamlined path to
approval in the US, including the design of the new trials, was agreed with the FDA in a Type C meeting
last year.
Actinogen CEO and MD, Dr Steven Gourlay said:
“The positive recommendation from our independent Data Monitoring Committee is an important milestone in
the successful conduct of our XanaMIA pivotal trial in patients with Alzheimer’s disease. We look forward to
November when we can report final topline results for the full dataset of 247 participants. In the meanwhile,
we hope that as many XanaMIA participants as possible take up the opportunity for a longer period of active
Xanamem therapy in the new open-label extension phase of the trial which will run for approximately two
years.”
Dr Dana Hilt, CMO, commented:
“We are highly confident in the expert review conducted by the Data Monitoring Committee which was chaired
by Dr Hans Moebius, who is a highly experienced Alzheimer’s leader and trials expert. Xanamem has the
potential to be a game-changer for Alzheimer’s patients as a potentially safe and effective oral therapy to slow
or halt disease progression.”
Actinogen Medical Limited ACN 086 778 476
Suite 901, Level 9, 109 Pitt Street, Sydney NSW 2000
+61 2 8964 7401 | actinogen.com.au
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View this announcement on our InvestorHub: https://investors.actinogen.com.au/link/ya3Npr
ENDS
Investors Media
Dr Steven Gourlay Michael Roberts George Hazim
CEO & Managing Director Investor Relations Media & Public Affairs Australia
P: +61 2 8964 7401 M: +61 423 866 231 M: +61 417 516 262
E. steven.gourlay@actinogen.com.au E. michael.roberts@actinogen.com.au E: georgehazim@mediaaffairs.com.au
Announcement authorised by the Board of Actinogen Medical Limited
About Actinogen Medical
Actinogen Medical (ACW) is an ASX-listed, biotechnology company developing a novel therapy for neurological and
neuropsychiatric diseases associated with dysregulated brain cortisol.There is a strong association between cortisol and
detrimental changes in the brain, affecting cognitive function, harm to brain cells and long-term cognitive health.
Cognitive function means how a person understands,remembers and thinks clearly.Cognitive functions include memory,
attention, reasoning, awareness and decision-making.
Actinogen is currently developing its lead compound, Xanamem, as a promising new therapy for Alzheimer’s Disease. It
has also conducted a phase 2 trial in patients with cognitive impairmentand depression andmay study Fragile X Syndrome
and other neurological and psychiatric diseases in the future. Reducing cortisol inside brain cells could have a positive
impactin these and many other diseases.The cognitive dysfunction,behavioural abnormalities,and neuropsychological
burden associated with these conditions is debilitating for patients,and there is a substantial unmetmedical need for new
and improved treatments.
Clinical Trials
The XanaMIA Phase 2b/3 Alzheimer’s disease trial is a double-blind, 36-week treatment, placebo-controlled, parallel
group design trial in 220 patients with mild to moderate AD and progressive disease, determined by clinical criteria and
confirmed by an elevated level of the pTau181 protein biomarker in blood.Patients receive Xanamem 10 mg or placebo,
once daily,and its ability to slow progression of Alzheimer’s disease is assessed with a variety of endpoints.The primary
endpointof the trial is the internationally-recognized CDR-SB (Clinical Dementia Rating scale – Sum of Boxes). The trial
is being conducted in Australia and the US. The trial is now closed to recruitment, with final topline results in November
2026.
The XanaMIA-OLE Alzheimer’s disease open-label extension is an open-label phase of up to 25 months treatment
where all participants will receive active Xanamem 10 mg once daily.The trial will evaluate safety and a limited number of
efficacy endpoints such as the CDR-SB. The trial will commence in Q1 2026 and be open to all former and current
participants in the XanaMIA Phase 2b/3 trial.
The XanaCIDD Phase 2a depression trial was a double-blind, six-week proof-of-concept, placebo-controlled, parallel
group design trial in 167 patients with moderate, treatment-resistant depression and a degree of baseline cognitive
impairment. Participants were evenly randomized to receive Xanamem 10 mg once daily or placebo, in most cases in
addition to their existing antidepressanttherapy,and effects on cognition and depressionwere assessed.Trial results were
reported in August 2024 and showed clinically and statistically significantbenefits on depression symptoms with positive
effects on the MADRS scale (a validated scale of depression symptom measurement) and the PGI-S (a valid patient
reported assessmentof depression severity). Cognition improved markedly and to a similar extent in both Xanamem and
placebo groups.
About Xanamem (emestedastat)
Actinogen Medical Limited ACN 086 778 476
Suite 901, Level 9, 109 Pitt Street, Sydney NSW 2000
+61 2 8964 7401 | actinogen.com.au
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Xanamem’s novel mechanism is to control elevated levels of cortisol (aka the “stress hormone”) in the brain through the
inhibition of the cortisol synthesis enzyme,11β-HSD1,withoutaffecting production of cortisol by the adrenal glands which
is essential for the body’s normal functioning.Xanamem is a first-in-class,once-a-day pill designed to deliver high levels
of cortisol control in key areas of the brain related to Alzheimer’s and other diseases such as the hippocampus and frontal
cortex. To view Xanamem’s two-minute Mechanism of Action animation, click here.
Chronically elevated cortisol is associated with progression in Alzheimer’s Disease and excess cortisol is known to be
toxic to brain cells. Cortisol itself is also associated with depressive symptoms and when targeted via other mechanisms
has shown some promise in prior clinical trials. The recent XanaCIDD trial demonstrated clinically and sometimes
statistically significant benefits on depressive symptoms, further validating the cortisol control mechanism for the
Xanamem 10 mg oral daily dose.
The Company has studied 11β-HSD1 inhibition by Xanamem in approximately 400 volunteers and patients in eightclinical
trials. Xanamem has a promising safety profile and has demonstrated clinical activity in patients with depression,patients
with biomarker-positive Alzheimer’s disease and cognitively normal volunteers. High levels of target engagement in the
brain with doses as low as 5 mg daily have been demonstrated in a human PET imaging study.
Xanamem is an investigational productand is not approved for use outside of a clinical trial by the FDA or by any global
regulatory authority. Xanamem® is a trademark of Actinogen Medical.
Disclaimer
This announcement and attachments may contain certain "forward-looking statements" that are not historical facts; are
based on subjective estimates,assumptions andqualifications;and relate to circumstances and events thathave nottaken
place and may nottake place.Such forward looking statements should be considered “at-risk statements” - notto be relied
upon as they are subject to known and unknown risks, uncertainties and other factors (such as significant business,
economic and competitive uncertainties / contingencies and regulatory and clinical development risks, future outcomes
and uncertainties) that may lead to actual results being materially different from any forward looking statement or the
performance expressed or implied by such forward looking statements.You are cautioned not to place undue reliance on
these forward-looking statements that speak only as of the date hereof. Actinogen Medical does not undertake any
obligation to revise such statements to reflect events or any change in circumstances arising after the date hereof, or to
reflect the occurrence of or non-occurrence of any future events. Past performance is not a reliable indicator of future
performance. Actinogen Medical does not make any guarantee, representation or warranty as to the likelihood of
achievementor reasonableness of any forward-looking statements and there can be no assurance or guarantee that any
forward-looking statements will be realised.
ACTINOGEN MEDICAL ENCOURAGES ALL CURRENT INVESTORS TO GO PAPERLESS BY REGISTERING THEIR DETAILS
WITH THE DESIGNATED REGISTRY SERVICE PROVIDER, AUTOMIC GROUP.
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