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Maxwell Biotech Venture Fund's Portfolio Company Hepatera LLC Announces Completion of Recruitment for Phase 2b Clinical Trials of Myrcludex B in Chronic Hepatitis Delta
Date:4/4/2017

MOSCOW, April 4, 2017 /PRNewswire/ --

Hepatera LLC and its development partner MYR GmbH today announced the completion of recruitment for MYR 202 and 203 clinical trials, a Phase 2b program investigating Myrcudex B in chronic hepatitis delta infection. 180 subjects have been enrolled in 20 centers in Russia and Germany.

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"We are pleased to participate in the MYR 202 trial and look forward to results of this world's largest study in this severe unmet medical need," said Heiner Wedemeyer, MD, Professor at Hannover Medical School and Chairman of MYR's Clinical Advisory Board.

"We are thankful for the enthusiastic collaboration of the participating centers, which has allowed us to meet the recruitment goals within the planed period," commented Dr. Dmitry Popov, Managing Partner of Maxwell Biotech Fund. "The interim results of MYR 202 will be available by the end of 2017."

About Myrcludex B 

Myrcludex B is a first-in-class entry inhibitor for treatment of chronic hepatitis B and D infections. The drug inhibits the recently identified HBV receptor on the hepatocyte surface and prevents the infection of the healthy cells and viral spreading within the liver.

About Hepatera 

The main activity of Hepatera Ltd. is the development of safe and effective drugs for the treatment of liver diseases for the Russian market. Myrcludex B is developed by the company in cooperation with the biotechnology company MYR, GmbH (Germany).

About MYR GmbH 

MYR GmbH is a clinical stage biotechnology company focused on drugs for treatment of chronic hepatitis B and D virus infections. The company was founded in 2010 and is based in Burgwedel, Germany. Myr GmbH is received investments from Maxwell Biotech Venture Fund and High-Tech Gründerfonds (HTGF).

About Maxwell Biotech Venture Fund 

Maxwell Biotech Venture Fund (MBVF) is the first Russian venture fund fully dedicated to investments in the life sciences sector. The Fund has been created with the participation of the Russian Venture Company (RVC). MBVF portfolio companies have nine innovative clinical stage drug candidates in development; four thereof are in Phase 2.


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SOURCE Maxwell Biotech Venture Fund
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