Company Update (NASDAQ:SGMO): Sangamo Biosciences, Inc. Reports Updated Clinical Data from ZFP Therapeutic® Program for HIV/AIDS

Sangamo Biosciences, Inc. (NASDAQ:SGMO) presented data demonstrating sustained functional control of viral load in the absence of antiretroviral drugs (ART) in two of three HIV-infected subjects treated in Cohort 3* of its Phase 1/2 study (SB-728-1101) of its ZFP Therapeutic (SB-728-T) for the treatment of HIV/AIDS.  The subjects remain on extended treatment interruption (TI), past the initial 16 week TI period. The data, which led to expanded enrollment of this Cohort, were presented at the 2015 Interscience Conference of Antimicrobial Agents and Chemotherapy (ICAAC) in San Diegofrom September 17-21.

Data on the Company’s ZFP Therapeutic pipeline were also presented at the annual European Society of Gene and Cell Therapy (ESGCT) Congress, in Helsinki, Finland, which was held from September 17-20; and the International Society for Experimental Hematology meeting, in Kyoto, Japan from September 17-19. Additional related preclinical data were detailed in recent publications in both Nature Methods and Blood, the official journal of the American Society of Hematology.

ICAAC Presentation of Updated Clinical Data from Sangamo’s SB-728-T Program
In a  presentation at this year’s ICAAC meeting, Sangamo scientists reported on the progress of two of  three  subjects  in Cohort 3*, who had received an SB-728 product that included CCR5 modified CD8 T-cells. These patients’ regimen differed from subjects treated in other cohorts in the 1101 study, who had received only CCR5-modified CD4 T-cells after Cytoxan preconditioning. The Cohort 3* treatment regimen was designed to test whether inclusion of CCR5-modified CD8 T-cells, the immune cells responsible for controlling viral infections, could improve HIV viral load control.

“The ability of subjects treated in Cohort 3* to suppress and sustain control of viral load, combined with durable increases in CD4 and CD8 cells, provide support for our hypothesis of an immunologic mechanism of action for SB-728,” said Dale Ando, M.D., Sangamo’s vice president of therapeutic development and chief medical officer. “The prolonged positive effects observed in these Cohort 3* subjects have not been seen before with other treatments and have encouraged us to enroll and treat an additional five subjects with this regimen.”

“Sangamo has also published preclinical data supporting our ZFP Therapeutic genome editing applications in hemoglobinopathies(1) and our In Vivo Protein Replacement PlatformTM(2) which underpin programs in beta thalassemia, hemophilia and lysosomal storage disorders,” commented Edward Lanphier, Sangamo’s president and CEO. “We are pleased with the recent review of our IVPRP Factor IX program and its unanimous recommendation by the NIH DNA recombinant advisory committee and the interest that our publications and presentations have generated.  We expect to move these programs into clinical studies over the next twelve to eighteen months.”

Sangamo’s Therapeutic Genome Editing Programs Featured at International Scientific Congresses, and in Major Journals
In presentations at the European Society of Gene and Cell Therapy (ESGCT) Congress, Michael Holmes, Ph.D., Sangamo’s vice president, research, provided an overview of Sangamo’s therapeutic genome editing platform and chaired a session that included a presentation of preclinical data supporting the company’s collaborative hemoglobinopathies programs with Biogen Inc. titled “Genome editing of the BCL11A erythroid-specific enhancer in bone marrow-derived CD34+ cells for the treatment of hemoglobinopathies.” At the same meeting, Fyodor Urnov, Ph.D., Sangamo senior scientist, presented preclinical data supporting a genome editing approach in hematopoietic stem cells for the correction of X-linked chronic granulomatous disease.

As an invited speaker, Edward Rebar, Ph.D., Sangamo’s vice president of technology, discussed hematological applications of zinc finger nucleases at the Annual Scientific Meeting of the International Society for Experimental Hematology.

New data supporting the Company’s fundamental ZFP Therapeutic platform, with applications for multiple potential clinical indications, were recently published online:

  1. Functional footprinting of regulatory DNA. Nat Methods. 2015 Aug 31. – Reports preclinical data supporting Sangamo and Biogen’s ZFP Therapeutic BCL11A Enhancer approach designed to provide a long-lasting treatment for both beta-thalassemia and sickle cell disease.  More generally, the approach used represents a novel method for discovering and exploiting regulatory DNA sequences.
  2. In vivo genome editing of the albumin locus as a platform for protein replacement therapy. Blood. 2015 Aug 21. – Reports the preclinical data underlying Sangamo’s novel proprietary In Vivo Protein Replacement PlatformTM (IVPRPTM). Sangamo is developing this platform as a treatment for diseases, such as hemophilia A and B and lysosomal storage disorders, which are currently treated using protein or enzyme replacement therapies (ERT). The one-time treatment is designed to provide life-long production of corrective enzyme from the patient’s own liver in sufficient quantities to potentially eliminate the need for ERT. (Original Source)

Shares of Sangamo Biosciences closed last Friday at $7.35. SGMO has a 1-year high of $19.25 and a 1-year low of $6.22. The stock’s 50-day moving average is $7.73 and its 200-day moving average is $11.65.

On the ratings front, Sangamo has been the subject of a number of recent research reports. In a report issued on September 11, Piper Jaffray analyst Charles Duncan reiterated a Buy rating on SGMO, with a price target of $17, which represents a potential upside of 131.3% from where the stock is currently trading. Separately, on September 4, Cowen’s Ritu Baral reiterated a Buy rating on the stock .

According to, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Charles Duncan and Ritu Baral have a total average return of 13.8% and 22.8% respectively. Duncan has a success rate of 58.5% and is ranked #348 out of 3765 analysts, while Baral has a success rate of 51.3% and is ranked #58.

The street is mostly Bullish on SGMO stock. Out of 4 analysts who cover the stock, 4 suggest a Buy rating . The 12-month average price target assigned to the stock is $21.00, which implies an upside of 185.7% from current levels.

Sangamo BioSciences Inc is a clinical stage biopharmaceutical company. The Company is engaged in the research, development & commercialization of engineered DNA-binding proteins for the development of novel therapeutic strategies for unmet medical needs.

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