AgilVax Triggers $2 Million Phase II Fast Track SBIR Grant and Initiates GMP Manufacturing

On May 29, 2019 AgilVax, Inc., a biotechnology company developing targeted antibody-based therapies for the treatment of various cancers, including metastatic breast cancer (MBC), reported that the company has triggered Phase II funding of $2 million from its Fast Track Small Business Innovation Research (SBIR) grant awarded by the National Cancer Institute (NCI) (Press release, Agilvax, MAY 29, 2019, View Source [SID1234536661]). AgilVax accomplished its Phase I goals ahead of schedule, which enabled the early initiation of the Phase II portion of the grant. Phase II is focused on studies that support an Investigational New Drug (IND) application for AgilVax’s lead product, AX09. As a result of the grant award, AgilVax selected a prominent Contract Manufacturing Organization (CMO) and initiated cGMP manufacturing of AX09.

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AX09 is being developed as an antibody-based therapy for the treatment of MBC by inhibiting the function of xCT, which is associated with tumor growth and metastatic progression. xCT overexpression occurs in several cancers leading to overarching metabolic changes that reprogram cells for tumor growth and survival. AgilVax’s AX09 shows significant anti-xCT immune response in preclinical breast cancer models, where tumor impairment and reduced metastatic progression have been demonstrated. Several peer reviewed publications elucidate the preclinical evidence of AX09 and the importance of xCT in cancer metastasis.

Dr. Federica Pericle, President and CEO of AgilVax and Principal Investigator, stated, "Initiating the GMP manufacturing program for AX09 is an important milestone for the company. We are now one-step closer to the clinic, where we can provide patients suffering from metastatic breast cancer and other cancers a novel therapeutic option. We are also grateful to NCI for the continued support, which is instrumental in supporting the development of AX09."

AVEO Oncology to Present at the 2019 BIO International Convention

On May 29, 2019 AVEO Oncology (NASDAQ: AVEO) reported that Mike Ferraresso, Senior Vice President, Business Analytics and Commercial Operations, will present at the 2019 BIO International Convention in Philadelphia on Wednesday, June 5, 2019 at 4:30 p.m. EDT (Press release, AVEO, MAY 29, 2019, View Source [SID1234536660]).

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A live webcast of the presentation can be accessed by visiting the investors section of the Company’s website at www.aveooncology.com. A replay of the webcast will be archived for 30 days following the presentation date.

Zymeworks Earns Milestone Payment in Merck Collaboration

On May 29, 2019 Zymeworks Inc. (NYSE/TSX: ZYME), a clinical-stage biopharmaceutical company developing multifunctional biotherapeutics, reported that it has earned a milestone payment from Merck (known as MSD outside the US and Canada) achieved under the companies’ 2014 research and license agreement (Press release, Zymeworks, MAY 29, 2019, View Source [SID1234536659]). Zymeworks will receive US$2.0 million in connection with Merck’s completion of a late-stage preclinical study for a bispecific antibody candidate using Zymeworks’ proprietary Azymetric and EFECT therapeutic platforms.

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"Merck’s completion of this milestone is great news," said Ali Tehrani, Ph.D., President and CEO of Zymeworks. "We believe this accomplishment from another one of our long-term partners provides additional evidence of the potential of our bispecific antibody technology. We expect similar advancements from our other partners’ therapeutic programs in the years ahead."

Under the terms of the research and license agreement, Zymeworks has granted Merck a worldwide, royalty-bearing license to research, develop and commercialize certain bispecific therapeutic candidates toward Merck’s therapeutic targets for which Zymeworks is eligible to receive additional development and commercial milestone payments as well as tiered royalties on product sales.

About the Azymetric Platform

The Azymetric platform enables the transformation of monospecific antibodies into bispecific antibodies, giving the antibodies the ability to simultaneously bind two different targets. Azymetric bispecific technology enables the development of multifunctional biotherapeutics that can block multiple signaling pathways, recruit immune cells to tumors, enhance receptor clustering degradation, and increase tumor-specific targeting. These features are intended to enhance efficacy while reducing toxicities and the potential for drug resistance. Azymetric bispecifics have been engineered to retain the desirable drug-like qualities of naturally occurring antibodies, including low immunogenicity, long half-life and high stability. In addition, they are compatible with standard manufacturing processes with high yields and purity, potentially significantly reducing drug development costs and timelines.

About the EFECT Platform

The EFECT platform is a library of antibody Fc modifications engineered to modulate the activity of the antibody-mediated immune response, which includes both the up- and down-regulation of effector functions. This platform, which is compatible with traditional monoclonal as well as Azymetric bispecific antibodies, further enables the customization of therapeutic responses for different diseases.

Epizyme to Present at Jefferies 2019 Healthcare Conference

On May 29, 2019 Epizyme, Inc. (Nasdaq: EPZM), a late-stage biopharmaceutical company developing novel epigenetic therapies, reported that Robert Bazemore, president and chief executive officer, will present at the Jefferies 2019 Healthcare Conference on June 5, 2019 at 3:00 p.m. ET in New York City (Press release, Epizyme, MAY 29, 2019, View Source [SID1234536658]).

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The live webcast will be available in the investor section of the company’s website at www.epizyme.com. The webcast will be archived for 60 days following the presentation.

Vor Biopharma Announces Publication of Proof-of-Concept Study of its Lead Program in the Scientific Journal Proceedings of the National Academy of Sciences

On May 29, 2019 Vor Biopharma, an immuno-oncology company pioneering engineered hematopoietic stem cell (HSC) therapies for hematologic malignancies, reported a publication in the scientific journal Proceedings of the National Academy of Sciences (PNAS) titled "Gene-Edited Stem Cells Enable CD33-Directed Immune Therapy for Myeloid Malignancies (Press release, Vor BioPharma, MAY 29, 2019, View Source [SID1234536657])." The research describes the successful editing of HSCs that are engineered to be selectively deficient in the myeloid lineage antigen CD33. These CD33-deficient HSCs were shown to successfully engraft into the bone marrow of their host. Furthermore, there was evidence these cells could functionally repopulate the hematopoietic system. When subjected to aggressive doses and regimens of CD33-targeted immuonotherapies in a murine model of acute myeloid leukemia (AML), Vor-engineered HSCs were protected from depletion by the immunotherapy while cancer cells were selectively targeted.

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These newly published results are the basis for Vor’s lead product candidate, VOR33, and outline Vor’s unique therapeutic approach. The paper was co-authored by Vor co-founder Siddhartha Mukherjee, M.D., D.Phil, of Columbia University Irving Medical Center, and his team.

Vor’s approach is designed to enable broadly targeting lineage antigens, which are attractive targets but face serious limitations, since they are expressed on both healthy cells and cancerous cells. Currently, targeting lineage antigens for treating hematologic malignancies depletes the healthy blood cells of the targeted lineage, causing severe toxicities. These toxicities have prevented the successful development or broader use of several otherwise promising drugs. In patients, Vor-engineered HSCs are expected to mature and differentiate into healthy blood cells that do not display a particular lineage antigen, therefore making that lineage antigen tumor-specific and safe to target.

The preclinical research published today suggests that VOR33 cells will produce healthy blood cells that will not display the lineage antigen CD33, and therefore will not be depleted by CD33-targeted therapies. The publication further indicates that this approach minimizes on-target toxicities and maximizes the potency of lineage-targeted immunotherapies, including antibody-drug conjugates, bispecific antibodies, and chimeric antigen receptor (CAR) T cells.

"We are hoping to protect the patient’s immune system from damage during targeted immunotherapy treatment. This approach has the potential to transform the use of immunotherapies in hematologic diseases by enabling the use of highly potent drugs, improving dosing, and fundamentally changing the treatment paradigm. The novelty of the strategy is that rather than focus only on the cancer, we are making the host – the patient – resistant to the therapy, so that the cancer remains vulnerable. This strategy has never been attempted in cancer," said Dr. Mukherjee. "This preclinical study demonstrates that Vor’s technology can clear leukemia and repopulate healthy hematopoietic cell populations through the use of engineered HSCs combined with a CAR-T or an antibody-drug conjugate (ADC) or a range of other targeted immunotherapy approaches. Remarkably, we saw that it was also possible to use a CAR-T and an ADC in combination without untoward myelosuppression. This research gives us great hope as we advance toward the clinic with VOR33 and look to expand our novel approach into other cancers."

In February 2019, Vor announced the completion of a $42 million Series A financing round led by 5AM Ventures and RA Capital to advance its lead candidate for the treatment of AML towards the clinic, and to further build its pipeline to treat hematologic malignancies. In November 2018, Vor announced that the United States Patent and Trademark Office issued U.S. Patent No. 10,137,155, which covers compositions and methods related to using modified HSCs to enable targeted immunotherapies. This patent, the first of its kind and foundational for the field, established Vor as the pioneer in developing modified HSC therapies to enable targeted immunotherapy. Subsequent to this patent’s initial filing, additional laboratories successfully replicated key aspects underlying the technology.

About VOR33
Vor’s lead product candidate, VOR33, is designed to produce healthy blood cells that lack CD33, potentially protecting them from the toxic effects of CD33-targeted immunotherapies. CD33 is a myeloid lineage antigen that is present in the majority of acute myeloid leukemias (AML) but is also expressed abundantly on normal myeloid cells. Depletion of normal myeloid progenitor cells during treatment for AML limits the dosage and duration of CD33-targeted therapies. By empowering CD33-targeted therapy, VOR33 has the potential to overcome current limitations.

About Vor Biopharma
Vor Biopharma is taking a fundamentally novel approach to treat cancer by developing engineered hematopoietic stem cells (HSCs). Vor’s engineered HSCs are designed to generate healthy, functional blood cells that lack the binding site of lineage antigen-targeted therapies. Removal of the binding site protects these HSCs from depletion by lineage antigen-targeted immunotherapies.

Vor’s platform is broad and could potentially be used to vastly improve the therapeutic window of several lineage antigen-targeted therapies, such as antibody drug conjugates (ADCs), bispecific antibodies, and chimeric antigen receptor T cells (CAR-Ts). This technology platform is covered by broad intellectual property exclusively licensed from Columbia University, as well as Vor-owned intellectual property. Co-founded by PureTech Health (LSE: PRTC) and Siddhartha Mukherjee, M.D., D.Phil, Vor is working with some of the world’s leading oncologists and immunologists to develop a pipeline of potentially life-altering immunotherapies that extend beyond what is possible with current treatment.