Core Insights - The company, Gilead Sciences-B (01672.HK), has recently completed pre-New Drug Application (Pre-NDA) communication with the National Medical Products Administration of China regarding denifanstat (ASC40) for the treatment of moderate to severe acne vulgaris [1][2] - Gilead plans to submit the New Drug Application shortly, following the completion of Phase II (NCT05104125) and Phase III studies (NCT06192264) for denifanstat [1] Group 1 - In the Phase III study, denifanstat (ASC40) achieved all primary, key secondary, and secondary efficacy endpoints, significantly improving moderate to severe acne vulgaris compared to placebo [2] - Denifanstat (ASC40) demonstrated good safety and tolerability, with all treatment-emergent adverse events (TEAEs) being mild (Grade 1) or moderate (Grade 2) [2] - There were no Grade 3 or 4 TEAEs related to denifanstat (ASC40), nor any serious adverse events (SAEs) associated with the treatment [2] Group 2 - Gilead reported the results of the Phase III study at the 2025 European Academy of Dermatology and Venereology (EADV) annual meeting held in Paris on September 17, 2025 [2] - The company has obtained exclusive rights for denifanstat (ASC40) in Greater China from Sagimet Biosciences Inc. (NASDAQ: SGMT) [2]

Core Insights - Ascletis Pharma Inc. has successfully completed the Phase III clinical trial for denifanstat (ASC40), demonstrating significant efficacy in treating moderate-to-severe acne vulgaris compared to placebo [1][4] - The company plans to submit a New Drug Application (NDA) to the China National Medical Products Administration (NMPA) following a pre-NDA consultation [2][3] Group 1: Clinical Trial Results - Denifanstat (ASC40) met all primary, key secondary, and secondary efficacy endpoints in the Phase III trial, showing significant improvement in acne vulgaris [1][4] - The safety profile of denifanstat (ASC40) was favorable, with all treatment-emergent adverse events being mild or moderate, and no serious adverse events reported [4] Group 2: Regulatory and Development Plans - Ascletis has completed the pre-NDA consultation with NMPA, which began in June 2025 and concluded in October 2025, and plans to submit the NDA soon [2][3] - The results of the Phase III study were presented at the European Academy of Dermatology and Venereology Congress in September 2025 [5] Group 3: Company Overview - Ascletis Pharma Inc. is a biotechnology company focused on developing therapeutics for metabolic diseases, utilizing advanced drug discovery technologies [6] - The company is listed on the Hong Kong Stock Exchange under the ticker 1672.HK [6]

Core Viewpoint - The company has completed pre-NDA communication with the National Medical Products Administration of China regarding the new drug application for denifanstat (ASC40) for the treatment of moderate to severe acne vulgaris, with plans to submit the application soon [1][2] Group 1: Drug Development Progress - Denifanstat (ASC40) has successfully completed Phase II (NCT05104125) and Phase III (NCT06192264) studies for treating moderate to severe acne vulgaris [1] - In the Phase III study, denifanstat (ASC40) met all primary, key secondary, and secondary efficacy endpoints, showing significant improvement compared to placebo [2] - The drug demonstrated good safety and tolerability, with all treatment-emergent adverse events (TEAEs) being mild (Grade 1) or moderate (Grade 2), and no Grade 3 or 4 TEAEs reported [2] Group 2: Licensing and Presentation - The company has obtained exclusive rights for denifanstat (ASC40) in Greater China from Sagimet Biosciences Inc. (NASDAQ: SGMT) [2] - The results of the Phase III study were presented orally at the 2025 European Academy of Dermatology and Venereology (EADV) annual meeting held in Paris on September 17, 2025 [2]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部分內容所產生或因依 賴該等內容而引致的任何損失承擔任何責任。 Ascletis Pharma Inc. 歌禮製藥有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1672） 本公告乃歌禮製藥有限公司（「本公司」或「歌禮」，連同其附屬公司稱為「本集 團」）自願作出，以使本公司股東及潛在投資者了解本集團的最新業務發展。 本公司董事（「董事」）會（「董事會」）宣布，已於近期與中國國家藥品監督管理局 就地尼法司他（denifanstat，ASC40）治療中重度尋常性痤瘡完成新藥上市申請前 (Pre-NDA)溝通，並計劃於近日遞交新藥上市申請。該新藥上市申請前(Pre-NDA) 溝通自2025年6月開始，並於2025年10月結束。 歌禮已完成地尼法司他(ASC40)治療中重度尋常性痤瘡的II期(NCT05104125)和III 期研究(NCT06192264)。 在該III期研究中，地尼法司他(ASC40)達到所有主要、關鍵次要及次要療效終點 （意向治療集(ITT)分 ...

Core Insights - The company reported significant results from the Phase III study of denifanstat (ASC40) for the treatment of moderate to severe acne at the 2025 EADV annual meeting in Paris, highlighting its innovative mechanism of action and clinical significance [1] - Denifanstat (ASC40) demonstrated statistically significant improvements in all primary and secondary endpoints compared to placebo, along with good safety and tolerability profiles [1] - The company is in communication with the National Medical Products Administration (NMPA) in China regarding the pre-New Drug Application (Pre-NDA) process, with positive feedback received [1] Company Developments - The company has obtained exclusive rights for denifanstat (ASC40) in Greater China from Sagimet Biosciences Inc. [2]

Core Insights - The company reported significant results from the Phase III study of denifanstat (ASC40) for the treatment of moderate to severe acne at the 2025 EADV annual meeting, indicating its potential clinical importance [1] - Denifanstat (ASC40) demonstrated statistically significant and clinically meaningful improvements compared to placebo across all primary and secondary endpoints, along with good safety and tolerability profiles [1] - The company is in communication with the National Medical Products Administration (NMPA) in China regarding the pre-New Drug Application (Pre-NDA) process, with positive feedback received [1] Group 1 - Denifanstat (ASC40) is an innovative therapy in the acne treatment field [1] - The company plans to submit a New Drug Application (NDA) for denifanstat (ASC40) for the treatment of moderate to severe acne after completing pre-NDA communications with NMPA [1] Group 2 - The company has obtained exclusive rights for denifanstat (ASC40) in Greater China from Sagimet Biosciences Inc. [2]

Core Viewpoint - The company announced the presentation of significant results from the Phase III study of denifanstat (ASC40) for the treatment of moderate to severe acne at the 2025 EADV annual meeting, highlighting its innovative mechanism and positive outcomes compared to placebo [1] Group 1: Clinical Research and Results - Denifanstat (ASC40) is positioned as an innovative therapy in the acne treatment field with potential clinical significance [1] - The Phase III study demonstrated statistically significant and clinically meaningful improvements in all primary and secondary endpoints compared to placebo, along with good safety and tolerability profiles [1] Group 2: Regulatory and Market Strategy - The company is in communication with the National Medical Products Administration (NMPA) in China regarding the pre-New Drug Application (Pre-NDA) for denifanstat (ASC40) [1] - Feedback from NMPA has been positive, and the company plans to submit a New Drug Application (NDA) for denifanstat (ASC40) for the treatment of moderate to severe acne following the completion of pre-application communications [1] Group 3: Licensing Agreement - The company has obtained exclusive rights for denifanstat (ASC40) in Greater China from Sagimet Biosciences Inc. [2]

Core Insights - Denifanstat (ASC40) has met all primary, key secondary, and secondary efficacy endpoints in treating moderate-to-severe acne compared to placebo [1][6][11] - The drug demonstrated a favorable safety and tolerability profile, with treatment-emergent adverse events (TEAEs) comparable to placebo [1][9] Efficacy Results - The Phase III clinical trial involved 480 patients, randomized into treatment and placebo groups, showing significant improvements in multiple efficacy endpoints after 4 weeks and 12 weeks of treatment [4][6] - Primary endpoints included a treatment success rate of 33.17% for denifanstat compared to 14.58% for placebo, with a p-value of <0.0001 [5][6] - Percent reductions from baseline to week 12 in total lesion count (TLC) and inflammatory lesion count (ILC) were 57.38% and 63.45% for denifanstat, respectively, both statistically significant [6][7] Safety Profile - The incidence of TEAEs was 58.6% for denifanstat and 56.3% for placebo, with most events being mild or moderate [9] - Notable TEAEs included 6.3% dry skin and 5.9% xerophthalmia in the denifanstat group, with no serious adverse events reported [9] Regulatory Progress - Ongoing pre-New Drug Application (NDA) consultation with the China National Medical Products Administration (NMPA) has yielded encouraging feedback, with plans to submit an NDA for denifanstat after consultation completion [2][11] Company Background - Ascletis Pharma Inc. is focused on developing and commercializing innovative therapeutics for metabolic diseases, utilizing advanced drug discovery platforms [13]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部分內容所產生或因依 賴該等內容而引致的任何損失承擔任何責任。 Ascletis Pharma Inc. 歌禮製藥有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1672） 自願性公告 歌禮在2025年歐洲皮膚病與性病學會(EADV)年會最新突破性研究專場 報告了同類首創脂肪酸合成酶(FASN)抑制劑地尼法司他(ASC40) 治療痤瘡的III期研究結果 本公告乃歌禮製藥有限公司（「本公司」或「歌禮」，連同其附屬公司稱為「本集 團」）自願作出，以使本公司股東及潛在投資者了解本集團的最新業務發展。 本公司董事（「董事」）會（「董事會」）宣佈，在2025年9月17日於法國巴黎舉 行的2025年歐洲皮膚病與性病學會(EADV)年會最新突破性研究專場上口頭 報告了地尼法司他（denifanstat，ASC40）治療中重度尋常性痤瘡的III期研究 (NCT06192264)結果。 口頭報告細節 標題：同類首創脂肪酸合成酶(FASN)抑制劑地尼法司他治療尋常性痤瘡達到所有 ...

Core Viewpoint - The announcement from Gilead Sciences-B (01672) highlights the successful completion of a Phase III clinical trial for the first-in-class oral small molecule fatty acid synthase (FASN) inhibitor, denifasirt (ASC40), for the treatment of moderate to severe acne, achieving all primary, key secondary, and secondary endpoints [1][6]. Group 1: Clinical Trial Results - The Phase III trial was a randomized, double-blind, placebo-controlled, multi-center study conducted in China, involving 480 patients with moderate to severe acne [1]. - The primary endpoint of treatment success was defined as a decrease of at least 2 points in the Investigator's Global Assessment (IGA) score from baseline at week 12, with a treatment success rate of 33.2% in the denifasirt group compared to 14.6% in the placebo group (p < 0.0001) [2][7]. - Key secondary endpoints showed a 57.4% reduction in total lesion count and a 63.5% reduction in inflammatory lesion count in the denifasirt group compared to 35.4% and 43.2% in the placebo group, respectively (p < 0.0001) [2][7]. Group 2: Safety and Tolerability - Denifasirt demonstrated good safety and tolerability over the 12-week treatment period, with treatment-emergent adverse events (TEAEs) occurring at rates not exceeding 10% [3]. - The only TEAEs exceeding 5% were dry skin (6.3% in the denifasirt group) and dry eye (5.9% in the denifasirt group), with all reported adverse events being mild or moderate [3]. Group 3: Mechanism of Action - Denifasirt's mechanism of action involves inhibiting de novo lipogenesis (DNL) in sebocytes, directly reducing sebum production, and suppressing inflammation through decreased cytokine secretion and Th17 differentiation [3][6]. Group 4: Competitive Advantage - Denifasirt is positioned as a promising treatment option due to its significant efficacy, high patient compliance, and favorable safety profile, with no reported severe adverse events such as hepatotoxicity or antibiotic resistance [5]. - Compared to other common oral and topical acne medications, denifasirt showed superior efficacy, with treatment success rates and lesion count reductions significantly higher than those of sarecycline, doxycycline, and clascoterone [4][9].