Convert Pharmaceuticals SA (Convert) is a drug development company dedicated to leveraging tumour hypoxia for therapeutic advantage. Its leading candidate, CP-506, is a hypoxia-activated prodrug (HAP) that becomes active within tumours, exhibiting low toxicity. In addition to drug development, Convert specializes in biomarker innovation for precision medicine. The company is conducting a Phase I-IIa clinical trial for CP-506 (TUMAGNOSTIC) and holds intellectual property (IP) for another HAP that has been tested in Phase I and II trials.
The primary goal of TUMAGNOSTIC is to carry out an early-stage (Phase I and IIa), first-in-human clinical trial of CP-506. The trial is designed as an open-label, uncontrolled, multicenter, multiple-dose study. It has already been approved by regulatory authorities in the Netherlands and Belgium (CTD). The trial's main objective is to evaluate safety and tolerability of CP-506, both as a standalone treatment and in combination with other therapies, such as immune checkpoint inhibitors or carboplatin. Secondary objectives include characterizing the pharmacodynamics and pharmacokinetics of CP-506 and determining its preliminary efficacy.
The trial is conducted in three modules, each consisting of two parts: (A) accelerated dose escalation and (B) an expansion cohort. The project aims to advance CP-506 from Technology Readiness Level (TRL) 5 to TRL 6 by completing Phase I clinical trials and laying the groundwork for TRL 7, which corresponds to the completion of Phase II clinical trials.
Convert employs an innovative tumour-agnostic strategy for this project, integrating AI-driven biomarkers to identify patients most likely to respond positively. This approach seeks to maximize treatment efficacy and minimize side effects, addressing challenges associated with previous HAPs.
A robust business development strategy will ensure that the project’s outcomes are effectively translated into further commercial development.