Sesen Bio to Host Conference Call to Review First Quarter 2019 Financial Results and Updated Preliminary Data from Phase 3 VISTA Trial

On April 29, 2019 Sesen Bio (Nasdaq:SESN), a late-stage clinical company developing targeted fusion protein therapeutics for the treatment of patients with cancer, reported that Company management will host a conference call and webcast on Monday, May 13, 2019 at 8:00 a.m. EDT to review operating results for the first quarter ended March 31, 2019 and updated, preliminary primary and new secondary endpoint data from the Phase 3 VISTA trial of Vicinium for patients with high-risk non-muscle invasive bladder cancer who have been previously treated with bacillus Calmette-Guérin (Press release, Sesen Bio, APR 29, 2019, http://ir.sesenbio.com/news-releases/news-release-details/sesen-bio-host-conference-call-review-first-quarter-2019 [SID1234535438]).

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To participate in the conference call, please dial (844) 831-3025 (domestic) or (315) 625-6887 (international) and refer to conference ID 7176228. The webcast can be accessed in the Investor Relations section of the Company’s website at www.sesenbio.com. The replay of the webcast will be available in the investor section of the Company’s website at www.sesenbio.com for 60 days following the call.

Syndax to Announce First Quarter 2019 Financial Results and Host Conference Call and Webcast on May 6, 2019

On April 29, 2019 Syndax Pharmaceuticals, Inc. ("Syndax," the "Company" or "we") (Nasdaq: SNDX), a clinical stage biopharmaceutical company developing an innovative pipeline of cancer therapies, reported that it will release its first quarter 2019 financial results on Monday, May 6, after the close of the U.S. financial markets (Press release, Syndax, APR 29, 2019, View Source [SID1234535437]).

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In connection with the earnings release, Syndax’s management team will host a conference call and live audio webcast at 4:30 p.m. ET on Monday, May 6, to discuss the Company’s financial results and provide a general business update.

The live audio webcast and accompanying slides may be accessed through the Events & Presentations page in the Investors section of the Company’s website at www.syndax.com. Alternatively, the conference call may be accessed through the following:

Conference ID: 4292817
Domestic Dial-in Number: (855) 251-6663
International Dial-in Number: (281) 542-4259
Live webcast: View Source

For those unable to participate in the conference call or webcast, a replay will be available for 30 days on the Investors section of the Company’s website, www.syndax.com.

US Biopharma Company Undertakes Anti-Cancer Clinical Trials in Poland, First Patient Showing Positive Initial Treatment

On April 29, 2019 Moleculin Biotech A small public company reported with 6 highly promising anti-cancer drugs in the pipeline is augmenting US clinical trials with trials in Poland, speeding the process of patient recruitment and data collection (Press release, Moleculin, APR 29, 2019, View Source [SID1234535436]). The company, Moleculin (NASDAQ: MBRX), recently recruited 3 patients in 6 weeks in Poland, whereas in the U.S. it took a full year to build a similar, complete cohort. The company now has 2 clinical trials with patients enrolled in Poland.

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The phase 1/2 clinical trial now underway in Poland for the company’s Annamycin compound has already shown promising results with one trial patient’s acute myeloid leukemia (AML) now in remission, making the patient eligible for a bone marrow transplant. While significant additional study is necessary to definitively demonstrate causality, Moleculin has already begun to identify more patients in Poland for the next cohort of the same trial and 2 more patients for its WP1220 topical treatment of cutaneous T-cell lymphoma (CTCL).

"The clock is ticking for many patients suffering from hard-to-combat cancers," said Walter Klemp, CEO, Moleculin Inc. "For a smaller pharmaceutical company with a promising roster of drug candidates for targeting these highly resistant tumors, speed in launching trials is critical. We feel lucky to have found a well-established medical community where access to patients is easier and faster. If the promising results continue, we look forward to getting our drugs into the hands of such patients much sooner."

"While the response of a single patient doesn’t necessarily predict the outcome of the trial, this is a great way to begin and it’s consistent with our expectations for Annamycin," Mr. Klemp continued. "We have seen no evidence of cardiotoxicity in any of the patients treated thus far and intend to advance the clinical study of Annamycin with the goal of ultimately demonstrating the drug’s safety and effectiveness to support regulatory approval in the US and European Union."

The additional patient safety data gained from the Polish trials may also assist in the FDA’s review of cardiac safety which can be a key factor in regulatory approval.

US Market Recruitment Challenges

Without data from clinical trials, drug development companies have no way forward. However, recruiting for anti-cancer clinical trials in the US can be slow. With large pharma companies targeting the US market with both ground-breaking and "me-too" drugs, there is significant competition for patients in the United States.

Also, oncology clinical trials are typically conducted in one of 61 major cancer centers in urban areas, making it difficult for qualified rural patients to participate. Elderly American patients often decline because they or their families have caregiving and scheduling demands that make such trials difficult.

Other issues that make trials difficult include insurance and financial concerns, as insurers often require that clinical trials be conducted in-network.

To build a larger base of clinical trial patients more quickly, Moleculin began working with the medical community in Poland, where the company’s Founding Scientist Dr. Waldemar Priebe was born. Currently a researcher at M.D. Anderson Cancer Center in Houston, Priebe is extremely familiar with the Polish medical establishment. As a location for clinical trials, Poland has a medical infrastructure and community acceptable to the FDA and offers many benefits to the small biopharma. These include:

Highly rated medical infrastructure and medical community (Poland is ranked seventh in Europe for clinical trial participation, with an annual average of about 40,000 patients in clinical trials. The clinical trial market there was estimated to be about 200M euros as of 2014.
With fewer drug developers, there is less competition for clinical trial patients in Poland.
A greater number of patients who are "treatment-naïve," meaning they are less likely to have resistant cells from other medical treatments.
The European Medicines Agency is receptive to starting clinical trials at higher, more therapeutic drug doses.
For the current Moleculin Polish trial, the allowable starting dose was 120 mg/m2, offering the opportunity to provide patients with what the Company considers a potentially more therapeutic dose than the 100 mg/m2 required in the US. Once 3 patients have completed the safety evaluation period of the first cohort in Poland, the second cohort will begin there at a dose level of 150 mg/m2.

China National Medical Products Administration Approves Sinovant’s Clinical Trial Application for Derazantinib

On April 28, 2019 Sinovant Sciences reported that its Clinical Trial Application (CTA) for derazantinib has been accepted by the Center for Drug Evaluation at the China National Medical Products Administration (NMPA), enabling the initiation of a registrational clinical trial in patients with second-line intrahepatic cholangiocarcinoma (iCCA) in the second half of 2019 (Press release, Sinovant Sciences, APR 28, 2019, View Source [SID1234535434]).

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"iCCA is one of the greatest unmet needs in oncology, particularly in China," said Dr. Rae Yuan, President of Sinovant. "Patients in the second-line setting are poorly served by existing treatment options, none of which meaningfully extend survival or reduce disease burden. Derazantinib has the potential to be the first approved treatment in China for this devastating disease state, and we look forward to begin enrolling patients in our registrational program later this year."

Derazantinib is an oral pan-FGFR (fibroblast growth factor receptor) inhibitor being developed as a potential treatment for iCCA and other tumor types with high rates of FGFR mutation. The People’s Republic of China has one of the world’s highest incidence rates of iCCA.

"We are very pleased by the approval of this CTA, which brings Sinovant a step closer to delivering derazantinib to Chinese patients," said Dr. Xinan Chen, Executive Chairman of Sinovant. "Sinovant’s advancement of derazantinib for patients with iCCA underscores our commitment to addressing major public health priorities in China."

About Derazantinib

Derazantinib is a potent, orally administered inhibitor of the fibroblast growth factor receptor (FGFR) family, a key driver of cell proliferation, differentiation, and migration. In a Phase 1/2 study in patients with iCCA harboring FGFR2 gene fusions, treatment with derazantinib resulted in an objective response rate of 21%, nearly 3 times higher than standard-of-care chemotherapy. Sinovant’s partner Basilea is conducting a similar global registrational study of derazantinib in American and European patients with FGFR2 fusion-positive second-line iCCA. More information on that program is available here.

About Intrahepatic Cholangiocarcinoma

Cholangiocarcinoma (CCA) is the most common biliary malignancy and the second most common malignancy in the liver after hepatocellular carcinoma (HCC).1 Depending on the anatomic location, CCA is classified as intrahepatic (iCCA), perihilar (pCCA), and extrahepatic (eCCA). iCCA originates from the intrahepatic biliary ductal system and forms an intrahepatic mass. iCCA is an aggressive cancer, with a median 5-year survival rate of only 15% for patients diagnosed with early-stage disease.2 Reports show that in China’s most populous cities the incidence of cholangiocarcinoma is more than 7 cases per 100,000 people, and a majority of cases are intrahepatic.3

RhoVac reports positive written response from the FDA regarding recently completed pre-IND meeting

On April 26, 2019 RhoVac AB ("RhoVac") reported that the company has received a written response from the Food and Drug Administration (FDA), USA regarding to the recently completed pre-IND meeting on development of the company’s drug candidate RV001 (Press release, RhoVac, APR 26, 2019, View Source [SID1234555931]). The subject of the meeting was to obtain agreement with the Agency regarding the scope of currently available data and the necessary data to support an IND submission for the clinical phase 2 trial in prostate cancer patients. Furthermore, the purpose of the meeting was to discuss with the agency and reach concurrence regarding the initial IND study protocol in the identified study population, the proposed endpoints along with the proposed safety monitoring. The FDA has confirmed that no further preclinical studies are required to support clinical development of the company’s clinical phase II trial in USA and that the design and the defined end-points in the study are relevant to document clinical proof of concept in treatment of prostate cancer patients with the company’s drug candidate RV001.

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In alignment with the company’s original development schedule, RhoVac contacted the FDA in early 2019, and in March the company announced that FDA had accepted RhoVac’s request for a pre-IND meeting. A pre-IND meeting is comparable to a Scientific Advice Procedure in the EU, which RhoVac concluded in mid-2018. Following confirmation of the pre-IND meeting, the company submitted a Briefing Package which FDA has now evaluated and the response to our questions is based on this background information.

In conclusion, the FDA agrees that, in relation to USA, no further preclinical studies are required in support of a clinical phase II trial in prostate cancer patients. The identical study protocol is currently under review in Denmark with subsequent review in other European countries. The FDA also commented that the company’s approach in developing the quality specification for the drug candidate RV001 complies with relevant regulatory guidelines. In the response relating to the proposed clinical trial, the FDA agrees that the definition of the patient population, which we plan to recruit for the clinical study, is well-defined and that the clinical end-points set in the study are relevant in order to document clinical proof on concept.

Comments from RhoVac´s CEO, Anders Ljungqvist

-A pre-IND meeting may be a face-to-face meeting at FDA in Washington DC, a telephone conference or a written response. Based on the questions and the background information we forwarded the FDA, FDA assessed to have adequate background to be able to respond in writing. It is gratifying that the FDA confirms that we have correctly interpreted the regulatory guidelines in USA enabling us to continue our clinical development of RV001 based on the same strategy as used within the EU. A big thank you to employees and external consultants for a very professional and valuable work.