Minneamrita Announces FDA Clearance of Investigational New Drug (IND) Application and Initiation of a Phase I Clinical Trial of an Oral Formulation of Minnelide in Patients with Advanced Cancer

On October 24, 2017 Minneamrita reported that an Investigational New Drug (IND) application to the U.S. Food and Drug Administration (FDA) for a Phase 1 trial of an oral formulation of the company’s Minnelide for patients with advanced cancers is now active (Press release, Minneamrita Therapeutics, OCT 24, 2017, View Source [SID1234521145]). The first patient to participate in this exciting clinical trial received treatment this past week at HonorHealth Research Institute.

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Dr. Erkut Borazanci, the Principal Investigator at HonorHealth Research Institute, states, “Minnelide has shown promising activity in several different types of preclinical models of cancer. The promise of the drug as an oral formulation, along with combining it with additional chemotherapy like Abraxane, gives us another great option for those with cancer.”

HonorHealth participated in the trial for the intravenous form of Minnelide and is the first clinical site to be open for enrollment for this clinical trial of the new and improved oral formulation. Additional sites are planned to be opened and enrolling patients in the coming months, including the Mayo Clinic.

“With the responses seen in the Phase I trial with the IV formulation, we are hopeful that the improved and more convenient oral administration will demonstrate the same or improved clinical benefit,” said Daniel D. Von Hoff, MD, FACP, and the Virginia G. Piper Distinguished Chair for Innovative Cancer Research.

“We have developed an oral formulation to have an ease of administration, compliance and efficacy. Patients with advanced gastrointestinal cancers and breast cancer can participate in this trial,” said Mohana R. Velagapudi, MD, Chief Executive Officer and Co-Founder of Minneamrita Therapeutics LLC, the trial’s sponsor.

“While we have made significant progress in the treatment of various cancers, patients with cancers arising from the gastrointestinal tract, especially pancreatic cancer, continue to have very poor prognosis. Minnelide has had very promising results in preclinical studies and the Phase I trial. Thus, we are hopeful that it will change the face of these deadly cancers,” said Ashok Saluja, Ph.D., Chief Scientific Officer and Co-Founder of Minneamrita Therapeutics.

Minneamrita chose Translational Drug Development (TD2) as its regulatory and clinical partner in 2012 and has continued its efforts in the development of the oral formulation of Minnelide. “We are honored that Minneamrita selected TD2 as its regulatory and clinical team,” said Dr. Stephen Gately, President and Chief Executive Officer of TD2. “We are proud of the successful IND application filings we have completed for them over the years, and the TD2 team is excited to manage the clinical trial for this important new medicine for patients with cancer.”

Minnelide is a drug derived from the thunder God vine (Tripterygium wilfordii)—also known as lei gong teng—and is native to China, Japan and Korea. Traditional Chinese medicine has used this vine for more than 2,000 years as a treatment for everything from fever to inflammation and autoimmune diseases, such as multiple sclerosis and rheumatoid arthritis.

The CEO of BioInvent Michael Oredsson will resign at the end of the year

On October 24, 2017 BioInvent International AB (OMXS: BINV) reported that Michael Oredsson will resign as CEO of BioInvent 31 December 2017 (Press release, BioInvent, OCT 24, 2017, http://www.bioinvent.com/en/media/press-releases/releases?id=BAC528D34E9A30A6 [SID1234521144]). Michael took office as CEO of BioInvent in 2013 to restructure the company and refocus on oncology. Now, both the board and Michael believe that it is a good time for a change in leadership, as the company is transitioning to a specific focus on clinical development and R&D.

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“On behalf of the board, I would like to thank Michael for a highly valuable contribution to the company. He has been instrumental in taking the company through a critical phase and I wish him all the best in the future”, says Björn O. Nilsson, Chairman of the Board.

“The challenges of a biotech company are many, but with highly skilled and devoted employees, my work has been both rewarding and stimulating. It has been a privilege to lead the BioInvent organization, but the company now needs more scientific skills in the CEO role. I will of course continue to follow the company closely”, says Michael Oredsson.

The board has initiated a process to recruit a new CEO. If a new CEO is not in place by 1 January, 2018, the present CSO, Björn Frendéus, will serve as acting CEO until the new CEO has been appointed and taken office.

A Virus, a Gene and a Pill Used to Harness the Immune System to Fight Brain Tumor in Children

ZIOPHARM Oncology is pleased to share a story from the Ann & Robert H. Lurie Children’s Hospital in Chicago on the Ad-RTS-hIL-12 plus veledimex clinical trial for pediatric patients with brain cancer (Press release, Ziopharm, OCT 24, 2017, View Source [SID1234521136]). As we announced last week, Stewart Goldman, M.D., Division Head Hematology-Oncology, Neuro-Oncology & Stem Cell Transplantation at Lurie Children’s dosed the first patient in this pediatric trial.

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First patient on a new Phase 1 pediatric brain tumor study injected with a common cold virus bioengineered to deliver a gene that mobilizes the immune system; a pill is used to control the targeted immune response

The first patient in a new Phase 1 gene therapy trial for pediatric brain tumors underwent a leading-edge procedure at Ann & Robert H. Lurie Children’s Hospital of Chicago. During surgery to remove the brain tumor, the patient was injected with an adenovirus, a common cold virus, at the tumor site. The virus was bioengineered not to cause illness but rather deliver a gene that produces human interleukin 12 (hIL-12), a powerful protein to jumpstart the immune system to kill remaining tumor cells. For the next 14 days, the patient is given a pill – veledimex – to activate the gene and control the immune response, so that the inflammation fights the tumor without overwhelming the rest of the body.

“Using the immune system to fight cancer is one of the most exciting new directions in cancer research,” said Stewart Goldman, MD, Principal Investigator at Lurie Children’s, Division Head of Hematology, Oncology, Neuro-Oncology and Stem Cell Transplantation,​ and Professor of Pediatrics at Northwestern University Feinberg School of Medicine. “What is most challenging is regulating the immune response we unleash, and that is what we are doing in this study. The pill dose acts like a thermostat with which we can adjust the intensity of the patient’s immune response.”

This is the first gene therapy clinical trial of this type for pediatric brain tumors. It will initially include patients with recurrent or progressive glioblastoma multiforme (rGBM) in the cortex of the brain. At a later date, children with diffuse intrinsic pontine glioma (DIPG), an incurable tumor located in the brain stem, will be added.

“Studies of this approach in adults with rGBM are showing promising results,” said Goldman. “We are hopeful that this will offer a viable treatment to children with gliomas who currently do not have any curative options.”

In addition to Lurie Children’s, the Phase 1 study will be conducted at Dana-Farber Cancer Institute in Boston and the University of California, San Francisco. It is sponsored by ZIOPHARM Oncology, Inc. (Nasdaq:ZIOP), a Boston-based biopharmaceutical company focused on developing new gene and cell-based immunotherapies for cancer. Lurie Children’s cancer program is part of Robert H. Lurie Comprehensive Cancer Center of Northwestern University.

Research at Ann & Robert H. Lurie Children’s Hospital of Chicago is conducted through the Stanley Manne Children’s Research Institute. The Manne Research Institute is focused on improving child health, transforming pediatric medicine and ensuring healthier futures through the relentless pursuit of knowledge. Lurie Children’s is ranked as one of the nation’s top children’s hospitals in the U.S.News & World Report. It is the pediatric training ground for Northwestern University Feinberg School of Medicine. Last year, the hospital served more than 208,000 children from 50 states and 58 countries.

Bruno Lucidi Appointed Chief Executive Officer of AgenTus Therapeutics, The Cell Therapy Subsidiary of Agenus

On October 23, 2017 Agenus Inc. (NASDAQ: AGEN) Chairman and Chief Executive Officer (CEO) Garo Armen Ph.D. announces the appointment of Bruno Lucidi as CEO of AgenTus Therapeutics, Inc., a subsidiary of Agenus that has been established as a dedicated cell therapy company, which will focus on the discovery, development, and commercialization of Adoptive Cell Therapy (ACT) (Press release, AgenTus Therapeutics, OCT 24, 2017, View Source [SID1234521135]). Lucidi brings extensive expertise in drug development and more than 30 years of experience in the biopharmaceutical industry.

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Lucidi’s leadership record includes Head of Pediatric Vaccines at GSK Biologicals, where he was in charge of developing a global business of more than $3 billion. Lucidi was Worldwide Vice-President Virology & Oncology at Johnson & Johnson where he led portfolio strategy from drug discovery to market and served in senior leadership at Bristol-Myers Squibb where he was responsible for the strategy and launch of several new antiviral and oncology products, including but not limited to Videx (didanosine), Zerit (stavudine), Paraplatin (carboplatin) and Taxol (paclitaxel).

Lucidi was the Founding CEO of Idenix and the Chairman of Pharmasset, where his contributions at both companies laid the foundation for successful multi-billion dollar companies, which were later acquired by Merck and Gilead for approximately $4bn and $11bn, respectively. Lucidi also served as CEO of several companies in Europe including Karolinska Development AB, KDEV Oncology and Aprea AB. Lucidi is currently an External Expert for the European Commission and Life Sciences Expert at AWEX, Wallonia trade and foreign investment agency in Belgium.

As CEO of AgenTus, Lucidi will lead a team of world-class scientists, while leveraging the proprietary technologies, intellectual property assets, pipeline, and expertise of parent company Agenus.

“Bruno has the ideal mix of industry know-how and business-building expertise to propel AgenTus forward and transform our powerful cell therapy technology into novel treatments for patients with cancer,” said Garo Armen, Ph.D. Chairman and CEO of Agenus. “I am delighted to see Bruno’s appointment to this key role to rapidly translate our cell therapy platforms, novel targets, and innovative delivery format into a pipeline of effective therapies to drive value to patients and AgenTus.”

“AgenTus has the foundational technology and expertise to rapidly become a major player in the field of Cell Therapy. I am honored to work alongside a team of world-class scientists. My objective is to rapidly advance product innovation and create value by bringing effective cell therapies to cancer patients,” said Lucidi. “I look forward to further building and developing this exciting company and to realize the enormous potential of cell therapy as an emerging class of medicines in the immuno-oncology field.”

TESARO to Announce Third-Quarter 2017 Financial Results on November 7, 2017

On October 24, 2017 TESARO, Inc. (NASDAQ:TSRO) reported that it will announce its third-quarter 2017 financial results on Tuesday, November 7, 2017, after the close of the U.S. financial markets (Press release, TESARO, OCT 24, 2017, View Source [SID1234521279]). TESARO’s senior management team will host a conference call and live audio webcast at 4:15 p.m. ET on November 7, 2017 to discuss the Company’s operating results in greater detail, as well as the status of its development programs and the VARUBI/Y and ZEJULA launches.

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This quarterly earnings call will be available via phone and webcast. The conference call dial-in information is listed below. To access the webcast, please log on to the TESARO website at www.tesarobio.com at least 15 minutes prior to the start of the call to ensure adequate time for any software downloads that may be required.

CONFERENCE CALL & WEBCAST INFORMATION

TESARO will host a conference call and live audio webcast to discuss its third-quarter financial results.

WHEN: Tuesday, November 7, 2017 at 4:15 p.m. ET
LIVE DOMESTIC & CANADA CALL-IN: (877) 853-5334
LIVE INTERNATIONAL CALL-IN: (970) 315-0307
THIS CALL WILL ALSO BE BROADCAST LIVE, LISTEN ONLY, VIA THE WEB AT: www.tesarobio.com

A replay will be available for 30 days at www.tesarobio.com.