Teva to Report First Quarter 2018 Financial Results on May 3, 2018

On April 23, 2018 Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) reported that it will release its first quarter 2018 financial results on Thursday, May 3, 2018 at 7:00 a.m. ET (Press release, Teva, APR 23, 2018, View Source;p=RssLanding&cat=news&id=2343903 [SID1234525573]).

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Teva will host a conference call and live webcast on the same day, at 8:00 a.m. ET to discuss its first quarter 2018 results and overall business environment. A Question & Answer session will follow this discussion.

In order to participate, please dial the following numbers (at least 10 minutes before the scheduled start time):

United States 1-866-254-0808
International 44 (0) 1452 541003
for a list of other international toll-free numbers, click here.
Passcode: 9496209
A live webcast of the call will also be available on Teva’s website at: ir.tevapharm.com Please log in at least 10 minutes prior to the conference call in order to download the applicable audio software.

Following the conclusion of the call, a replay of the webcast will be available within 24 hours on the Company’s website. The replay can also be accessed until May 31, 2018, 9:00 a.m. ET by calling United States 1-866-247-4222 or International 44(0)1452550000; passcode: 9496209

EORTC and ESTRO announce a new collaboration to maximise the benefits of radiation oncology

Despite being very effective and widely used, radiation oncology treatment still suffers from a lack of collective knowledge on how some treatments affects patients’ functioning, symptoms and quality of life, and how best to optimise their effectiveness (Press release, EORTC, APR 23, 2018, View Source [SID1234525569]). Such information is available through the outcome of clinical trials, but formal data-sharing is rather haphazard, particularly where new treatments are involved. With the advent of personalised cancer medicine, this means that patients may not always receive the most effective treatment in their particular case. In a bid to put this situation to rights, the European Organisation for the Research and Treatment of Cancer (EORTC) and the European Society for Radiotherapy and Oncology (ESTRO) have joined forces to launch a new initiative, E2-RADIatE (EORTC-ESTRO Radiation Infrastructure for Europe). The project will be presented for the first time at the ESTRO 37 conference, which starts today (Friday).

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The initiative aims to put in place a pan-European infrastructure for a more efficient framework across the field of radiation oncology by encouraging collaboration that will also involve other oncology disciplines, in order to generate robust data on its role in cancer treatment and to further develop and integrate the discipline into therapeutic strategies. "We believe that, through E2-RADIatE, we will be able to improve the efficiency of research projects, both in their take-up and conduct, and offer effective pan-European models to research partners," says EORTC President, Professor Bertrand Tombal, Chairman of the Division of Urology and Professor of Urology at the Université Catholique de Louvain (UCL), Cliniques Universitaires Saint-Luc, Brussels, Belgium.

E2-RADIatE will commence activity with two innovative projects. OligoCare will collect evidence for best practice in the treatment of oligometastases, where the primary cancer has spread (metastasised) to only a limited number of regions. Patients in this state have a good chance of survival if the metastases can be ablated, but evidence on how best to do this is lacking. Additionally, there is the problem of selecting which patient is most likely to benefit from which treatment. "These questions are unlikely to be answered within the traditional framework of prospective randomised trials because the situation of oligometastasis is diverse on so many fronts" says ESTRO President Professor Yolande Lievens, head of the department of radiation oncology at Ghent University Hospital, Belgium.

The proton therapy project aims to provide an effective data-sharing platform for particle therapy treatments. This is a rapidly developing technology with considerable potential in the treatment of cancer. But national healthcare providers face budget restrictions and, as a consequence, health technology assessment authorities are requiring more and more evidence of its effectiveness. E2-RADIatE aims to recruit all patients treated in proton therapy centres throughout Europe to provide this through, for example, a Europe-wide assessment of whether proton therapy leads to less clinical toxicity in treated patients. It is expected to be up and running in one year with approximately 2000 patients recruited in five years.

The partners believe that the outcomes of these projects, together with further initiatives to be undertaken by E2-RADIatE, will improve not only the health of patients, but also the competitiveness of EU radiation and multidisciplinary oncology. "They will create a significant critical mass that we believe will be influential at all levels of clinical research, regulation, and healthcare systems," says EORTC Director General Dr Denis Lacombe.

Molecular Partners presented preliminary results from the ongoing phase 2 study of MP0250 at the European Myeloma Network Meeting in Turin

On April 21, 2018 Molecular Partners AG (SIX: MOLN), a clinical-stage biopharmaceutical company developing a new class of drugs known as DARPin therapies*, reported that preliminary results from the ongoing Phase 2 study of MP0250 with bortezomib and dexamethasone in patients with relapsed refractory multiple myeloma (RRMM) were presented at the 1st European Myeloma Network Meeting in Turin (Press release, Molecular Partners, APR 21, 2018, View Source [SID1234525567]).

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The presentation in Turin focused on results from the first dose cohort of MP0250 with respect to safety and efficacy. Eight patients were treated with 8 mg/kg of MP0250 and five out of these eight patients showed a documented response: Four patients reached a partial response (PR) and one patient reached a very good partial response (VGPR) at the cut-off date. Four out of the five patients are still on treatment with individual treatment durations of 13, 21, 24 and 33 weeks, respectively. The safety profile was consistent with the known safety profiles of bortezomib and MP0250, respectively. The independent dose escalation committee recommended to continue the clinical study at the higher dose of 12mg/kg and the first patient in the second dose cohort has been dosed recently.

Prof. Dr. Hartmut Goldschmidt (Medical Clinic V, University clinic Heidelberg), the Primary Investigator of the phase 2 study, commented: "We are encouraged by the initial efficacy and good tolerability data of MP0250 in combination with bortezomib and dexamethasone. Despite upcoming new treatment options, multiple myeloma remains an incurable disease and new molecules with innovative mechanism of actions are needed."

"We are pleased by the remarkable activity and the good safety profile that we have seen in the first cohort of this study. We are looking forward to patients being treated with the higher dose of MP0250 (12 mg/kg) and the additional phase 1b/2 study of MP0250 in combination with osimertinib in EGFR-mutated NSCLC," said Dr. Andreas Harstrick, Chief Medical Officer at Molecular Partners.

MP0250 is a proprietary DARPin drug candidate neutralizing VEGF and HGF and thus blocking key escape pathways and resistance. Increases in VEGF and HGF are associated with disease progression in multiple myeloma and have been linked to poor prognosis. They are known to be able to stimulate neovascularization, bone destruction, and myeloma proliferation, migration, and adhesion in the bone marrow. MP0250 shows activity in many preclinical tumor models, including in multiple myeloma models in which it enhances the effects of bortezomib on inhibition of M protein production and bone lysis and reduces invasion of tumor cells. MP0250 has shown a favorable safety profile in a phase 1 clinical study in 45 patients with advanced solid tumors.

In the ongoing phase 2 clinical study[1], the safety and efficacy of MP0250 is examined in combination with bortezomib (Velcade) and dexamethasone in patients with relapsed and refractory multiple myeloma (RRMM) who have failed standard therapies. The study is performed in Germany, Poland and Italy. A total of 40 patients are planned to be treated, 12 patients in the dose-escalation phase (Part 1) to establish a safe dose, and an additional 28 patients in the dose-expansion phase (Part 2) resulting in a total of 34 patients at the target dose.

Additional safety and efficacy data are expected by the end of 2018.

An additional phase 1b/2 study will evaluate MP0250 in combination with osimertinib in patients with EGFR-mutated NSCLC pretreated with osimertinib. The study is conducted in the US and is open for patient enrollment2.

[1] ClinicalTrials.gov identifier NCT03136653
2 ClinicalTrials.gov identifier NCT03418532

Financial Calendar
April 26, 2018 – Q1 2018 Management Statement
August 30, 2018 – Publication of 2018 Half-year Results
November 01, 2018 – Q3 2018 Management Statement
View Source

About the DARPin Difference
DARPin therapeutics are a new class of protein therapeutics opening an extra dimension of multi-specificity and multi-functionality. DARPin candidates are potent, specific, safe and very versatile. They can engage in more than 5 targets at once, offering potential benefits over those offered by conventional monoclonal antibodies or other currently available protein therapeutics. The DARPin technology is a fast and cost-effective drug discovery engine, producing drug candidates with ideal properties for development and very high production yields.
With their good safety profile, low immunogenicity and long half-life in the bloodstream and the eye, DARPin therapies have the potential to advance modern medicine and significantly improve the treatment of serious diseases, including cancer and sight-threatening disorders. Molecular Partners is partnering with Allergan to advance clinical programs in ophthalmology, and is advancing a proprietary pipeline of DARPin drug candidates in oncology. The most advanced global product candidate is abicipar, a molecule currently in Phase 3, in partnership with Allergan.
Several DARPin molecules for various ophthalmic indications are also in development. The most advanced systemic DARPin molecule, MP0250, is in Phase 1 clinical development for the treatment of solid tumors and in Phase 2 development for hematological tumors. In addition, Molecular Partners intends to further evaluate MP0250 for solid tumors in a phase 1b/2 trial for EGFR-mutated NSCLC. MP0274, the second-most advanced DARPin drug candidate in oncology, has broad anti-HER activity; it inhibits HER1, HER2 and HER3-mediated downstream signaling via Her2, leading to induction of apoptosis. MP0274 has moved into Phase 1. Molecular Partners is also advancing a growing preclinical pipeline that features several immuno-oncological development programs. DARPin is a registered trademark owned by Molecular Partners AG.

Nordic Nanovector appoints Tone Kvåle as Interim Chief Executive Officer

On April 20, 2018 Nordic Nanovector ASA (OSE: NANO) reported that it has appointed Tone Kvåle to the position of Interim Chief Executive Officer (CEO) in addition to her current role as Chief Financial Officer (Press release, Nordic Nanovector, APR 20, 2018, View Source [SID1234553506]). The appointment is made to conform to Norwegian Companies Law. A search for a full-time CEO is progressing.

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Heat Biologics Corporate Presentation

On April 20, 2018 Heat Biologics, Inc. presented investor presentation (Presentation, Heat Biologics, APR 20, 2018, View Source [SID1234525815]).

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