KemPharm, Inc. (NASDAQ:KMPH) Files An 8-K Regulation FD Disclosure

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KemPharm, Inc. (NASDAQ:KMPH) Files An 8-K Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.

OnAugust 10, 2017, KemPharm, Inc., or the Company, issued a press release announcing preliminary results of KP415.109, a Phase1 trial designed to assess the relative pharmacokinetics, or PK, of three different formulations of KP415 vs. a methylphenidate-containing comparator product, or Concerta, at both single and multiple dose conditions. KP415 is the Company’s co-lead attention deficit hyperactivitydisorder, or ADHD,product candidate.

A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information set forth in this Item 7.01 and contained in the press release furnished as Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or the Exchange Act, and is not incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, or the Securities Act, or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference in any such filing.

Item 8.01 Other Events.

In the press release described above, onAugust 10, 2017, the Company announced preliminary resultsof KP415.109. The Phase 1 clinical trial, or KP415.109, was designed to assess the relative PK ofthree different co-formulations of the KP415extended release, or ER,prodrug in combinationwith immediate release, or IR, d-methylphenidate, or d-MPH, compared with 54mg of Concerta, after oral administration of once-daily doses for seven days under fasted conditions. Forty-eighthealthy volunteers (12 per dosing group) were enrolled in and completed this open-label, multiple-dose, parallel-group PK clinical trial. Each co-formulation contained total equivalent amounts of 40 mg d-MPH. PK results were evaluated both on a single-dose basis, after the first day of dosing, and a multiple-dose basis over seven days.

Steady state was reached after a few days of dosing in all groups. The combination of 70% KP415 prodrug,the component with ER characteristics, and 30% IR d-MPH resulted in a mean Day-7 d-MPH trough concentration, orCmin; pre-dose on Day-7, of3.3 ng/mL and a mean Day-7 d-MPH peak concentration, or Cmax, of 20.9 ng/mL, at a median Tmax of 1.5 hours.

On Day-7, the mean systemic exposure over the dosing interval, or AUC0-24, for d-MPH was 208 ng•hr/mL for all completers and the mean terminal elimination plasma half-life, or T1/2, of d-MPH was 8.9 hr. The mean accumulation ratios, or Day-7/Day-1 ratios, for Cmin, Cmax and AUC0-24 were 1.31, 1.20 and 1.34, respectively. The combination of the 70%/30% KP415/d-MPH resulted in early peak d-MPH exposure followed by sustained d-MPH exposure, as desired for chronic, once-per-day treatment of ADHD in a pediatric population. Based on previously established PK of MPH-based products, KP415 may show an effect vs. placebo from 0.5 hours to 13 hours as substantial plasma concentrations of active MPH were measured during this time period.This may provide both early onset of action with total duration that may exceed 12.5 hours based on available data.

Plasma concentrations of the inactive, intact KP415 prodrug molecule were measured after oral administration, which may contribute to the ER profile of KP415-derived d-MPH. Intact KP415 did not accumulate after multiple doses, and its mean T1/2 on Day-7 was 5.1 hours.

Both treatments were generally well-tolerated and there were no serious adverse events.

Caution Concerning Forward Looking Statements

ThisCurrentReport on Form 8-Kmay contain forward-looking statements made in reliance upon the safe harbor provisions of Section 27A of the Securities Act and Section 21E of the Exchange Act. Forward-looking statements include all statements that do not relate solely to historical or current facts, and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue” or the negative versions of those words or other comparable words. These forward-looking statements include statements regarding the expected features and characteristics of KP415, the expected timing of the initiation and completion of any clinical trials of KP415 and the expected timing for any submission of aNewDrug Application with the U.S. Food and Drug Administration for KP415. These forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available tothe Companyand its current plans or expectations, and are subject to a number of uncertainties and risks that could significantly affect current plans. Actual results and performance could differ materially from those projected in the forward-looking statements as a result of many factors, including, without limitation, the risks and uncertainties associated with: the Company's financial resources and whether they will be sufficient to meet the Company's business objectives and operational requirements; results of earlier studies and trials may not be predictive of future clinical trial results; the protection and market exclusivity provided by the Company's intellectual property; risks related to the drug discovery and the regulatory approval process; the impact of competitive products and technological changes; and the FDA approval process under the Section 505(b)(2) regulatory pathway, including without limitation any timelines for related approval. The Company's forward-looking statements also involve assumptions that, if they prove incorrect, would cause its results to differ materially from those expressed or implied by such forward-looking statements. These and other risks concerning the Company’s business are described in additional detail in the Company's Annual Report on Form 10-K for the year ended December 31, 2016, and the Company’s other Periodic and Current Reports filed with the Securities and Exchange Commission.The Companyis under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

Item 9.01 Financial Statements and Exhibits.

ExhibitNo.

Description

99.1

Press Release titled "KemPharm Announces Preliminary Results from KP415 Pharmacokinetic Single and Multiple Dose Trial" dated August 10, 2017.


KEMPHARM, INC Exhibit
EX-99.1 2 ex99-1.htm EXHIBIT 99.1 ex99-1.htm EXHIBIT 99.1   KemPharm Announces Preliminary Results from KP415 Pharmacokinetic Single and Multiple Dose Trial   Phase I Study Results Demonstrated Early Peak Exposure to d-Methylphenidate followed by Sustained Duration in both Single and Multiple Dose Settings   Coralville,…
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About KemPharm, Inc. (NASDAQ:KMPH)

KemPharm, Inc. is a clinical-stage specialty pharmaceutical company. The Company is engaged in the discovery and development of prodrugs. The Company uses its Ligand Activated Therapy (LAT) platform technology to create prodrugs. The Company’s product candidate, KP201/APAP, consists of KP201, its prodrug of hydrocodone, which is combined with acetaminophen (APAP). The Company is developing KP201/APAP as an immediate release (IR), a product candidate for the short-term, or no longer than 14 days for the management of acute pain. The Company has designed KP201/APAP with abuse-deterrent properties to address the epidemic of opioid abuse in the United States. The Company also focuses on developing the pipeline of additional prodrug product candidates that targets pain and attention deficit hyperactivity disorder (ADHD). The Company’s products include KP201/IR (APAP-free), KP511/ER, KP415, KP606/IR and KP746.