0001564590-21-047897.txt : 20210914 0001564590-21-047897.hdr.sgml : 20210914 20210914162914 ACCESSION NUMBER: 0001564590-21-047897 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20210914 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20210914 DATE AS OF CHANGE: 20210914 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Orchard Therapeutics plc CENTRAL INDEX KEY: 0001748907 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] IRS NUMBER: 000000000 STATE OF INCORPORATION: X0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38722 FILM NUMBER: 211252675 BUSINESS ADDRESS: STREET 1: 108 CANNON STREET CITY: LONDON STATE: X0 ZIP: EC4N 6EU BUSINESS PHONE: 011-44-0-203-3846700 MAIL ADDRESS: STREET 1: 108 CANNON STREET CITY: LONDON STATE: X0 ZIP: EC4N 6EU FORMER COMPANY: FORMER CONFORMED NAME: Orchard Rx Ltd DATE OF NAME CHANGE: 20180802 8-K 1 ortx-8k_20210914.htm 8-K ortx-8k_20210914.htm
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 14, 2021

 

ORCHARD THERAPEUTICS PLC

(Exact name of Registrant as Specified in Its Charter)

 

 

England and Wales

001-38722

Not Applicable

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

 

108 Cannon Street

London EC4N 6EU

United Kingdom

(Address of Principal Executive Offices; Zip Code)

 

Registrant’s Telephone Number, Including Area Code: +44 (0) 203 808 8286

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange on which registered

American Depositary Shares, each representing one ordinary share, nominal value £0.10 per share

 

ORTX

 

The Nasdaq Global Select Market

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 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

 


 

Item 8.01Other Events.

On September 14, 2021, Orchard Therapeutics plc issued a press release titled “Orchard Therapeutics Outlines Differentiated Profile of Its HSC Gene Therapy Approach and Discusses Potential Future Applications at Virtual R&D Investor Event.” A copy of the press release is furnished as Exhibit 99.1 and is incorporated herein by reference.  

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

 

Exhibit

Number

 

Description

99.1

 

Press release dated September 14, 2021

104

 

Cover page interactive data file (embedded within the Inline XBRL document)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

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 hereunto duly authorized.

 

 

 

ORCHARD THERAPEUTICS PLC

 

 

 

 

Date: September 14, 2021

 

By:

/s/ Frank E. Thomas

 

 

 

Frank E. Thomas

 

 

 

President and Chief Operating Officer

 

EX-99.1 2 ortx-ex991_6.htm EX-99.1 ortx-ex991_6.htm

Exhibit 99.1

 

Orchard Therapeutics Outlines Differentiated Profile of Its HSC Gene Therapy Approach and Discusses Potential Future Applications at Virtual R&D Investor Event  

 

Novel Discovery Research in HSC-generated Antigen-specific Regulatory T Cells Disclosed

 

HSC Gene Therapy Also Provides Advantages for Delivery of Monoclonal Antibodies

 

New Applications Present Opportunities for Future Partnerships

 

BOSTON and LONDON, September 14, 2021 (GLOBE NEWSWIRE) -- Orchard Therapeutics (Nasdaq: ORTX), a global gene therapy leader, today will present on the company’s discovery and research efforts in hematopoietic stem cell (HSC) gene therapy, including an update on the OTL-104 program in development for NOD2 Crohn’s disease (NOD2-CD), together with overviews of potential new applications in the areas of HSC-generated antigen-specific regulatory T cells (Tregs) and HSC-vectorization of monoclonal antibodies (mAbs). A live webcast of the presentation will be available in the Investors & Media section of the company’s website at www.orchard-tx.com today at 7:00 a.m. ET.

 

“Today, we present the next chapter in Orchard’s journey as a leader in HSC gene therapy, including our work in larger indications such as Crohn’s disease and enabling technologies,” said Bobby Gaspar, M.D., Ph.D., chief executive officer, Orchard Therapeutics. “These new initiatives build on the strategy we laid out 18 months ago to leverage the power of our HSC gene therapy platform approach beyond ultra-rare diseases. Our discovery work is based on the same scientific approach supported by clinical data in more than 160 patients treated across multiple genetic diseases in our current and former programs and an EMA approval for Libmeldy™. We believe that Orchard’s HSC gene therapy is truly differentiated in terms of efficacy and safety, and we are excited about the possibilities with its expanded application into larger indications.”

 

Differentiated Profile of Orchard’s HSC Gene Therapy Approach

 

The company is progressing an advanced portfolio that has achieved approval from the European Commission for LibmeldyTM (OTL-200) for eligible MLD patients and demonstrated proof-of-concept in five other indications. In pre-clinical and clinical studies to date, Orchard’s HSC gene therapy approach has exhibited a differentiated profile consisting of favorable safety, long-term durability and broad treatment applicability. Specifically:

 

 

Orchard’s lentiviral vector-based HSC gene therapy programs have shown no indication of oncogenesis and no evidence of clonal dominance due to integration into oncogenes. Importantly, the promoters and regulatory elements of Orchard vectors are derived from human (not viral) sequences and are specifically designed to have limited enhancer activity on neighboring genes thereby mitigating the potential for safety concerns.

 

More than 160 patients have been treated in Orchard’s current and former lentiviral vector-based HSC gene therapy programs, with duration of treatment effect of over 10 years in the earliest treated patients and more than 750 combined years of patient experience.

 

Because of the fundamental biological differences between the HSC and adeno-associated virus (AAV) gene therapy approaches, Orchard’s programs have not, to date, seen the safety concerns experienced by the AAV gene therapy field. Due to the autologous nature of Orchard’s HSC gene therapy and the lack of direct patient exposure to the viral vector, no patients are automatically excluded from receiving treatment due to potential immune reactions to the drug product.

 

Updates from OTL-104 Program in NOD2-CD

 

Orchard is continuing its work to exploit the curative potential of HSC gene therapy by applying its approach to more prevalent conditions where there is a compelling scientific rationale. One area of focus


Exhibit 99.1

is in a subset of Crohn’s disease patients who have mutations in both copies of the NOD2 gene and typically present with a more severe and untreatable form of the disease. OTL-104 pre-clinical work completed to date demonstrates that:

 

 

Restoration of NOD2 protein expression in murine and human stem cells can rescue a defective myeloid immune response to microbial peptides.

 

NOD2 defective inflammatory functions in primary human cells can be restored by both lentiviral and gene editing approaches.

 

NOD2-LV gene modification of human CD34+ stem cells does not affect HSC engraftment or immune subset development and differentiation.

 

HSC transplantation demonstrates that gene-modified cells can efficiently migrate and engraft into the intestinal tissue.

 

Development of an experimental colitis induction model is now in progress for OTL-104 pre-clinical proof-of-concept studies. The promising data highlighted above supports the continued advancement of OTL-104 toward IND-enabling toxicology and biodistribution studies.

 

New Technology Applications: HSC-generated Antigen-specific Tregs and HSC-vectorization of mAbs

 

HSC gene therapy is well-suited to expand into severe autoimmune disorders due to the ability of HSCs to differentiate into Tregs, which are a specialized subset of T cells that can suppress inflammation and be harnessed as a cell therapy (similar to CAR-Ts). Orchard’s approach aims to combine the demonstrated durability of HSC gene therapy in genetic diseases with the specific suppressive potential of Tregs. Orchard has established a proprietary position covering the concept, therapeutic application and specifics of HSC-antigen specific Treg therapy. In addition, Orchard is pursuing the application of HSC vectorization of mAbs, which has potential advantages over standard administration in terms of efficacy and improved targeting within tissues due to the migration of gene modified HSCs. These new areas of research could represent significant commercial opportunities in large indications for Orchard alone or with potential partners interested in utilizing the HSC gene therapy approach.

 

About Orchard Therapeutics

 

At Orchard Therapeutics, our vision is to end the devastation caused by genetic and other severe diseases. We aim to do this by discovering, developing and commercializing new treatments that tap into the curative potential of hematopoietic stem cell (HSC) gene therapy. In this approach, a patient’s own blood stem cells are genetically modified outside of the body and then reinserted, with the goal of correcting the underlying cause of disease in a single treatment.

 

In 2018, the company acquired GSK’s rare disease gene therapy portfolio, which originated from a pioneering collaboration between GSK and the San Raffaele Telethon Institute for Gene Therapy in Milan, Italy. Today, Orchard has a deep pipeline spanning pre-clinical, clinical and commercial stage HSC gene therapies designed to address serious diseases where the burden is immense for patients, families and society and current treatment options are limited or do not exist.

 

Orchard has its global headquarters in London and U.S. headquarters in Boston. For more information, please visit www.orchard-tx.com, and follow us on Twitter and LinkedIn.

 

About Libmeldy / OTL-200

 

Libmeldy (atidarsagene autotemcel), also known as OTL-200, has been approved by the European Commission for the treatment of MLD in eligible early-onset patients characterized by biallelic mutations in the ARSA gene leading to a reduction of the ARSA enzymatic activity in children with i) late infantile or early juvenile forms, without clinical manifestations of the disease, or ii) the early juvenile form, with early clinical manifestations of the disease, who still have the ability to walk independently and before the onset of cognitive decline. Libmeldy is the first therapy approved for eligible patients with early-onset MLD.


Exhibit 99.1

 

The most common adverse reaction attributed to treatment with Libmeldy was the occurrence of anti-ARSA antibodies. In addition to the risks associated with the gene therapy, treatment with Libmeldy is preceded by other medical interventions, namely bone marrow harvest or peripheral blood mobilization and apheresis, followed by myeloablative conditioning, which carry their own risks. During the clinical studies, the safety profiles of these interventions were consistent with their known safety and tolerability.

 

For more information about Libmeldy, please see the Summary of Product Characteristics (SmPC) available on the EMA website.

 

Libmeldy is approved in the European Union, UK, Iceland, Liechtenstein and Norway. OTL-200 is an investigational therapy in the US.

 

Libmeldy was developed in partnership with the San Raffaele-Telethon Institute for Gene Therapy (SR-Tiget) in Milan, Italy.

 

Availability of Other Information About Orchard

 

Investors and others should note that Orchard communicates with its investors and the public using the company website (www.orchard-tx.com), the investor relations website (ir.orchard-tx.com), and on social media (Twitter and LinkedIn), including but not limited to investor presentations and investor fact sheets, U.S. Securities and Exchange Commission filings, press releases, public conference calls and webcasts. The information that Orchard posts on these channels and websites could be deemed to be material information. As a result, Orchard encourages investors, the media, and others interested in Orchard to review the information that is posted on these channels, including the investor relations website, on a regular basis. This list of channels may be updated from time to time on Orchard’s investor relations website and may include additional social media channels. The contents of Orchard’s website or these channels, or any other website that may be accessed from its website or these channels, shall not be deemed incorporated by reference in any filing under the Securities Act of 1933.

 

Forward-looking Statements

 

This press release contains certain forward-looking statements about Orchard’s strategy, future plans and prospects, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by words such as “anticipates,” “believes,” “expects,” “plans,” “intends,” “projects,” and “future” or similar expressions that are intended to identify forward-looking statements. Forward-looking statements include express or implied statements relating to, among other things, Orchard’s business strategy and goals, including with respect to its expected future milestones, and its plans and expectations for the development of its product candidates, including the product candidates referred to in this release, and the therapeutic and commercial potential of its product candidates. These statements are neither promises nor guarantees and are subject to a variety of risks and uncertainties, many of which are beyond Orchard’s control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. In particular, these risks and uncertainties include, without limitation: the risk that any one or more of Orchard’s product candidates, including the product candidates referred to in this release, will not be approved, successfully developed or commercialized; the risk that prior results, such as signals of safety, activity or durability of effect, observed from preclinical studies or clinical trials of Orchard’s product candidates will not be repeated or continue in ongoing or future studies or trials involving its product candidates; the risk that the market opportunity for its product candidates may be lower than estimated; and the severity of the impact of the COVID-19 pandemic on Orchard’s business, including on preclinical and clinical development, its supply chain and commercial programs. Given these uncertainties, the reader is advised not to place any undue reliance on such forward-looking statements.

 

Other risks and uncertainties faced by Orchard include those identified under the heading “Risk Factors” in Orchard’s quarterly report on Form 10-Q for the quarter ended June 30, 2021, as filed with the U.S. Securities and Exchange Commission (SEC), as well as subsequent filings and reports filed with the


Exhibit 99.1

SEC. The forward-looking statements contained in this press release reflect Orchard’s views as of the date hereof, and Orchard does not assume and specifically disclaims any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.

Contacts

 

Investors
Renee Leck
Director, Investor Relations
+1 862-242-0764
Renee.Leck@orchard-tx.com

 

Media

Benjamin Navon

Director, Corporate Communications

+1 857-248-9454

Benjamin.Navon@orchard-tx.com

 

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end EX-101.SCH 4 ortx-20210914.xsd XBRL TAXONOMY EXTENSION SCHEMA 00000 - Document - Template Link link:presentationLink link:calculationLink link:definitionLink 100000 - Document - Document and Entity Information link:calculationLink link:presentationLink link:definitionLink EX-101.LAB 5 ortx-20210914_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Entity Central Index Key Cover [Abstract] Document Type Document Type Amendment Flag Amendment Flag Document Period End Date Document Period End Date Entity Registrant Name Entity Registrant Name Entity Central Index Key Entity Emerging Growth Company Entity Emerging Growth Company Entity File Number Entity File Number Entity Incorporation State Country Code Entity Incorporation State Country Code Entity Address, Address Line One Entity Address Address Line1 Entity Address, City or Town Entity Address City Or Town Entity Address, Country Entity Address Country Entity Address, Postal Zip Code Entity Address Postal Zip Code City Area Code City Area Code Local Phone Number Local Phone Number Written Communications Written Communications Soliciting Material Soliciting Material Pre Commencement Tender Offer Pre Commencement Tender Offer Pre Commencement Issuer Tender Offer Pre Commencement Issuer Tender Offer Entity Tax Identification Number Entity Tax Identification Number Security 12b Title Security12b Title Trading Symbol Trading Symbol Security Exchange Name Security Exchange Name EX-101.PRE 6 ortx-20210914_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 7 ortx-8k_20210914_htm.xml IDEA: XBRL DOCUMENT 0001748907 2021-09-14 2021-09-14 false 0001748907 00-0000000 8-K 2021-09-14 ORCHARD THERAPEUTICS PLC X0 001-38722 108 Cannon Street London EC4N 6EU GB +44 (0) 203 808 8286 false false false false American Depositary Shares, each representing one ordinary share, nominal value £0.10 per share ORTX NASDAQ false XML 8 R1.htm IDEA: XBRL DOCUMENT v3.21.2
Document and Entity Information
Sep. 14, 2021
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Sep. 14, 2021
Entity Registrant Name ORCHARD THERAPEUTICS PLC
Entity Central Index Key 0001748907
Entity Emerging Growth Company false
Entity File Number 001-38722
Entity Incorporation State Country Code X0
Entity Address, Address Line One 108 Cannon Street
Entity Address, City or Town London
Entity Address, Country GB
Entity Address, Postal Zip Code EC4N 6EU
City Area Code +44 (0)
Local Phone Number 203 808 8286
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Entity Tax Identification Number 00-0000000
Security 12b Title American Depositary Shares, each representing one ordinary share, nominal value £0.10 per share
Trading Symbol ORTX
Security Exchange Name NASDAQ
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