Coda Biotherapeutics is developing a cure for pain

INSUBCONTINENT EXCLUSIVE:
If the researchers, executives and investors behind Coda Biotherapeutics have their way, one day soon there really could be a cure for
pain.Co-founded by researchers Joseph Glorioso, from the University of Pittsburgh’s microbiology and molecular genetics department, and Dr
Nicholas Boulis, the founder of Emory’s Gene and Cell Therapy for Neurorestoration Laboratory, Coda uses gene therapies to treat
neurological diseases starting with severe pain and epilepsy.America is a country in pain
There are more than 19 million Americans who live with chronic neuropathic pain, according to Coda’s own statistics
And over the past 20 years the doctors treating those Americans and the drug companies developing therapies for them have managed to turn
their treatment into a new epidemic — opioid addiction.In 2017, 47,600 Americans died from opioid-involved overdoses, according to the
Centers for Disease Control
Of those deaths, about 60% involved synthetic opioids.“The incentives were there for people to prescribe more and more, particularly when
they had already been convinced it was the right thing to do — the compassionate thing to do,” Keith Humphreys, a psychiatrist at
Stanford University and a former White House drug-policy adviser, told the journal Nature.As the pain epidemic and attendant opioid crisis
began to skyrocket, several companies have been racing to find alternatives to the drug treatments that were now killing Americans by the
thousands
Other approaches like electrical nerve stimulation can carry risks, and invasive surgeries are an unappealing last resort, according to
Coda’s chief executive.Coda’s experimental treatment is based on a science called chemogenetics, which uses a harmless virus to create
new receptors in the sensory neurons that provide signals to the brain about physical stimuli
Those receptors can be unlocked by small-molecule drugs, which would instruct the sensory neurons to stop firing, thereby cutting off the
signals of pain to the brain.The idea behind chemogenetics is to engineer a receptor that when you put it in with a… gene therapy… it
does nothing
We’ve engineered it so that it is no longer responsive,” says Michael Narachi, the president and chief executive officer at Coda
“Most of these receptors are naturally opened or closed by acetylcholine… We’ve engineered these receptors so that  they’re no
longer responsive to acetylcholine, but they are responsive to a man-made drug.”The company then draws from a portfolio of receptor
small-molecule drug pairs that were developed and tested for their pharmacological and toxicological effects, but discarded because of a
lack of efficacy, to create new therapies with receptors tailored to respond to those drugs.“What we’ve done is flipped the whole
paradigm on its head
We’re making the lock that can work with these keys,” says Narachi. So far, the company has raised $34 million as investors, including
Versant Ventures, MPM Capital and Astellas Venture Management, have doubled down on their initial $19 million commitment to the new drug
developer. “Since coming out of stealth mode last September, the CODA team has made tremendous progress in developing its gene therapy
program that is tunable, durable and highly selective, which allows for better efficacy and safety with fewer off-target effects,” said
Tom Woiwode, PhD, managing director at Versant Ventures and Coda Chairman, in a statement
“CODA’s platform holds great promise to significantly transform how we treat challenging conditions and disorders for which new
therapeutic options are greatly needed.” Pain isn’t the only condition that Coda hopes to treat
The company is also working on therapies that can reduce the severity of epilepsy for the nearly 3.4 million people in the U.S
who have the condition
While the company can’t treat all kinds of epilepsy, Coda says that it could address focal epilepsy, which represents 60% of all
manifestations of the condition, and is linked to a specific region of the brain.By engineering neurotransmitter receptors that are
activated by medicines that can be taken orally, Coda thinks it can control the activity of neurons responsible for both chronic pain and
focal epilepsy.The next step for the company — and part of the use of proceeds from its new $15 million cash infusion — will be to
proceed with early animal trials
These clinical trials will be followed by human trials.“This is a research platform,” says Narachi
“We have this portfolio of engineered receptors and we’re testing them in cells
The next step is to go into human clinical trials.”