Medicure presents MEND-PNPO Phase 3 study data at European Epilepsy Congress

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Reviewed by
Suketu GScanX News Team
Key Highlights
  • Medicure presents MEND-PNPO Phase 3 design and baseline data at European Epilepsy Congress
  • Nine patients enrolled in trial evaluating MC-1 for PNPO deficiency; three completed one-year study
  • Baseline P5P levels ranged from 59.8 to 165 ng/mL among participants
  • Study aims to enroll approximately 10 patients aged 2 years and older
  • Company plans further presentations at North American neurology meetings in late 2026
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Medicure Inc. presented the design, rationale, and baseline data from its MEND-PNPO Phase 3 study at the 16th European Epilepsy Congress in Athens, Greece. The pivotal trial evaluates MC-1, a pharmaceutical-grade oral formulation of pyridoxal 5'-phosphate (P5P), for treating Pyridox(am)ine 5'-Phosphate Oxidase (PNPO) deficiency.

The poster presentation, led by Dr. Phillip Pearl of Boston Children's Hospital and Harvard Medical School, outlines the study's primary and secondary endpoints, dosing regimens, and patient baseline metrics. Co-investigators from sites across the United States, Australia, and Europe contributed to the analysis.

Study Enrollment and Baseline Metrics

MEND-PNPO is a 52-week, open-label, multi-center, externally controlled study targeting patients aged 2 years and older with genetically confirmed PNPO deficiency. Enrollment commenced in January 2023 and is projected to conclude in 2026. The company aims to enroll approximately 10 patients in total.

As of the presentation, nine patients had been enrolled, with three completing the one-year study duration. Baseline data revealed significant variability in prior treatment regimens and physiological markers among participants.

Metric Range
Baseline P5P Treatment Regimen 14 to 58 mg/kg/day
Baseline Steady-State P5P Levels 59.8 to 165 ng/mL

PNPO deficiency is an ultra-rare inherited neurometabolic disorder caused by mutations in the PNPO gene. This mutation prevents adequate production of P5P, the active form of vitamin B6. The condition typically manifests in newborns and infants as severe, difficult-to-control seizures, potentially leading to developmental impairment, neurological dysfunction, or death if untreated. Lifelong P5P therapy is standard, yet no pharmaceutical-grade P5P product is currently approved.

What the Numbers Show

The wide disparity between baseline treatment regimens (14-58 mg/kg/day) and resulting steady-state P5P levels (59.8-165 ng/mL) highlights the clinical challenge of managing PNPO deficiency without standardized pharmaceutical-grade therapy. This variability underscores the rationale for MC-1, which seeks to provide consistent dosing and absorption compared to current non-pharmaceutical alternatives.

Forward-Looking Developments

Medicure plans to present the MEND-PNPO study at two additional North American conferences later this year. These include the Child Neurology Society Annual Meeting in Montreal, Canada, from October 14-17, 2026, and the American Epilepsy Society Annual Meeting in Denver, Colorado, from December 4-8, 2026.

Albert D. Friesen, President and CEO of Medicure, stated that presenting to the European epilepsy community builds awareness of the need for standardized P5P therapy. He emphasized the company's goal to bring the first approved therapy for PNPO deficiency to patients.

MC-1 is not FDA-approved, and its safety and effectiveness have not been established.

Historical Stock Returns for Poly Medicure

1 Day5 Days1 Month6 Months1 Year5 Years
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How might the observed variability in baseline P5P levels influence the statistical power and endpoint definitions for the MEND-PNPO Phase 3 trial?

What is Medicure's projected timeline for submitting an NDA to the FDA following the completion of enrollment in 2026?

How does the open-label, externally controlled design of the MEND-PNPO study impact the regulatory acceptance of its results compared to a randomized controlled trial?

Poly Medicure shareholders approve all resolutions at 31st AGM

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Reviewed by
Riya DScanX News Team
Key Highlights
  • All five resolutions at Poly Medicure's 31st AGM were approved by shareholders
  • Total shareholder base stood at 76,353 as of the record date
  • Financial statements for FY26 and dividend declaration were unanimously supported
  • Directors Rishi Baid and Devendra Raj Mehta were reappointed by rotation
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Poly Medicure Limited shareholders approved all five resolutions at its 31st Annual General Meeting (AGM) held on September 5, 2026. The company conducted the meeting via video conference and other audio-visual means in compliance with the Companies Act, 2013.

The Board of Directors appointed Pawan Kumar Mishra, a practicing Company Secretary, as the scrutinizer for the remote e-voting and e-voting processes. Shareholders voted between September 2 and September 4, 2026, for remote e-voting, with additional voting available during the AGM.

Voting Participation

As of the record date, the company had 76,353 equity shareholders. A total of 91 shareholders attended the meeting through video conferencing. This included four promoters and promoter group members and 87 public shareholders.

Resolutions Approved

Shareholders approved the following agenda items:

  • Adoption of audited standalone and consolidated financial statements for the year ended March 31, 2026.
  • Declaration of dividend on equity shares for FY26.
  • Reappointment of Rishi Baid as a director retiring by rotation.
  • Reappointment of Devendra Raj Mehta as a non-executive non-independent director, having attained the age of 75 years.
  • Approval of remuneration for M/s Jai Prakash & Company, Cost Accountants, as the cost auditor for FY27.

Voting Results Overview

The table below summarizes the voting outcomes for key resolutions:

Resolution Votes In Favour Votes Against Outcome
Financial Statements (FY26) 87,039,468 53 Passed
Dividend Declaration 87,039,541 1,548 Passed
Reappointment: Rishi Baid 73,948,970 594,195 Passed
Reappointment: Devendra Raj Mehta 86,237,962 801,559 Passed
Cost Auditor Remuneration 87,039,427 94 Passed

All ordinary resolutions received requisite majority support. The special resolution regarding the reappointment of Devendra Raj Mehta also passed with the required special majority under Section 114(2) of the Companies Act, 2013.

Historical Stock Returns for Poly Medicure

1 Day5 Days1 Month6 Months1 Year5 Years
+1.37%-2.02%+3.18%+32.54%-12.83%+78.11%

How might the declared dividend for FY26 influence Poly Medicure's valuation multiples and investor sentiment in the near term?

What strategic initiatives is Poly Medicure expected to prioritize following the reappointment of Rishi Baid and Devendra Raj Mehta to the Board?

Given the low number of physical attendees relative to total shareholders, does the high remote e-voting participation indicate a shift in shareholder engagement trends for the company?

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