Immatics Appoints Harpreet Singh as Chief Executive Officer

On July 8, 2019 Immatics Biotechnologies GmbH, a clinical-stage biopharmaceutical Company active in the discovery and development of T-cell redirecting cancer immunotherapies, reported that Harpreet Singh has been appointed the Company’s Chief Executive Officer (CEO) (Press release, Immatics Biotechnologies, JUL 8, 2019, View Source [SID1234569544]).

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Harpreet Singh has most recently been President and CEO of Immatics US and Chief Scientific Officer (CSO) of the Company, having co-founded Immatics. He has been instrumental in growing the Company from a start-up to a leading player in the field of immuno-oncology.

Peter Chambré, Chairman of Immatics, says: "The Board is delighted to appoint Harpreet as CEO to lead Immatics in the next phase of its development, as the Company progresses its pipeline of immunotherapy candidates. Harpreet is an exceptional organizational leader and scientist and over the past three years has led the building of the Immatics US organization and creation of Immatics’ clinical pipeline and capabilities in adoptive cellular therapy, as well as guiding the Company’s overall scientific development since its early days. We are very excited about the prospects and opportunities for Immatics, with Harpreet as CEO."

Harpreet Singh comments: "I am thrilled to be chosen as CEO of Immatics. We hold the key to unlock the power of cancer immunotherapies in solid cancers. Built on world-leading target and TCR discovery platforms we are developing powerful pipelines of novel adoptive cellular as well as bispecific therapy products – on our own, as well as with world-class partners. The opportunity to lead this exceptional company and its outstanding people that are passionately dedicated to delivering the power of T cells to cancer patients, is a true privilege."

IGM Biosciences Announces $102 Million Series C Financing to Advance its IgM Antibody Platform and Pipeline

On July 8, 2019 IGM Biosciences, Inc. (IGM), a privately held biotechnology company and a global leader in the research and development of engineered IgM antibodies for therapeutic use, reported the closing of its $102 million Series C financing. New investors included Redmile Group, Janus Henderson Investors, Vivo Capital and another large U.S.-based, healthcare-focused fund. Haldor Topsøe Holding A/S, which has funded IGM since 2010, also participated in the round (Press release, IGM Biosciences, JUL 8, 2019, View Source [SID1234538902]).

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"We are very pleased to have the support of these sophisticated healthcare-focused investors," said Fred Schwarzer, Chief Executive Officer of IGM Biosciences. "We look forward to working with them to realize the potential of our IgM platform to deliver new therapeutic treatments to patients with cancer."

Proceeds from this financing will be used to advance the Company’s IgM platform technology and its proprietary oncology pipeline, including its lead program, a CD20 x CD3 bispecific antibody, which is expected to enter the clinic later this year.

Stemline Therapeutics Highlights Recent Clinical and Regulatory Developments and Details Upcoming Milestones following its Annual Shareholder Meeting

On July 8, 2019 Stemline Therapeutics, Inc. (Nasdaq: STML), a commercial-stage biopharmaceutical company focused on the development and commercialization of novel oncology therapeutics, reported its annual shareholder meeting, highlights recent clinical and regulatory developments, and details other upcoming events (Press release, Stemline Therapeutics, JUL 8, 2019, View Source [SID1234537418]).

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ELZONRIS clinical data were presented at the 2019 American Society of Clinical Oncology (ASCO) (Free ASCO Whitepaper) annual meeting in Chicago, Illinois and the 24thCongress of the European Hematology Association (EHA) (Free EHA Whitepaper) in Amsterdam, Netherlands. Presentations highlighted updated results from ongoing Phase 2 clinical trials in chronic myelomonocytic leukemia (CMML) and myelofibrosis (MF), as well as final results of the pivotal trial in blastic plasmacytoid dendritic cell neoplasm (BPDCN). In addition, ELZONRIS preclinical results in systemic sclerosis, an autoimmune disorder in which CD123+ plasmacytoid dendritic cells (pDCs) play a role in disease pathogenesis, were presented at the Annual European Congress of Rheumatology (EULAR) in Madrid, Spain.

As previously announced, an additional single-arm cohort of patients with previously-treated CMML, Stage 3, will be added to the currently enrolling trial. In the first part of Stage 3 (Stage 3a), enrichment strategies and certain efficacy endpoints (including spleen size reduction) will be assessed for inclusion in the confirmatory cohort (Stage 3b), that will aim to provide the primary evidence of efficacy to support potential registration. We expect to open enrollment of the new cohort in 4Q19.

Stemline continues to build out a European commercial infrastructure in advance of potential approval by the European Medicines Agency (EMA). A scientific advisory group meeting is planned for September, and the ELZONRIS marketing authorization application (MAA) review will proceed on a standard timeline. We expect an opinion by the Committee for Medicinal Products for Human Use (CHMP) later this year. If successful, Stemline is targeting a commercial launch in Europe in 1Q20.

In an ongoing market expansion effort, corporate and investigator-sponsored clinical trials with ELZONRIS in additional indications are ongoing in myelofibrosis (MF) and acute myeloid leukemia (AML) and others are planned to roll out later this year and next.

Stemline continues to advance its clinical-stage assets, including SL-801 (a reversible inhibitor of XPO1). XPO1 is a clinically validated target in oncology, and the FDA recently approved an XPO1 inhibitor in patients with relapsed/refractory multiple myeloma. Stemline is also developing its preclinical assets SL-1001 (RET kinase inhibitor) and SL-901 (kinase inhibitor).

Stemline will provide further details on commercial and clinical progress during its second quarter financial results teleconference in early August. Call-in details will be provided in advance of the call.
About ELZONRIS
ELZONRIS (tagraxofusp-erzs), a CD123-directed cytotoxin, is approved by the U.S. Food and Drug Administration (FDA) and commercially available in the U.S. for the treatment of adult and pediatric patients, two years or older, with blastic plasmacytoid dendritic cell neoplasm (BPDCN). For full prescribing information in the U.S., visit www.ELZONRIS.com. In Europe, a marketing authorization application (MAA) is under review by the European Medicines Agency (EMA). ELZONRIS is also being evaluated in additional clinical trials in other indications including chronic myelomonocytic leukemia (CMML), myelofibrosis (MF), and acute myeloid leukemia (AML).

About BPDCN
BPDCN is an aggressive hematologic malignancy with historically poor outcomes and an area of unmet medical need. BPDCN typically presents in the bone marrow and/or skin and may also involve lymph nodes and viscera. The BPDCN cell of origin is the plasmacytoid dendritic cell (pDC) precursor. The diagnosis of BPDCN is based on the immunophenotypic diagnostic triad of CD123, CD4, and CD56, as well as other markers. For more information, please visit the BPDCN disease awareness website at www.bpdcninfo.com.

About CD123
CD123 is a cell surface target expressed on a wide range of myeloid tumors including blastic plasmacytoid dendritic cell neoplasm (BPDCN), certain myeloproliferative neoplasms (MPNs) including chronic myelomonocytic leukemia (CMML) and myelofibrosis (MF), acute myeloid leukemia (AML) (and potentially enriched in certain AML subsets), myelodysplastic syndrome (MDS), and chronic myeloid leukemia (CML). CD123 has also been reported on certain lymphoid malignancies including multiple myeloma (MM), acute lymphoid leukemia (ALL), hairy cell leukemia (HCL), Hodgkin’s lymphoma (HL), and certain Non-Hodgkin’s lymphomas (NHL). In addition, CD123 has been detected on some solid tumors as well as autoimmune disorders including cutaneous lupus and scleroderma.

Coherus BioSciences Announces Unaudited Second Quarter 2019 UDENYCA® Net Sales of $79 Million to $84 Million

On July 8, 2019 Coherus BioSciences, Inc. ("Coherus" or "the Company", Nasdaq: CHRS), reported that UDENYCA preliminary unaudited net sales for the quarter that ended June 30, 2019 are expected to be in the range of $79.0 million to $84.0 million (Press release, Coherus Biosciences, JUL 8, 2019, View Source [SID1234537417]).

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Coherus will not disclose topline gross sales, discounts, or gross-to-net data until these data are reported in its Form 10-Q for the quarter ended June 30, 2019.

As announced, Coherus will provide additional financial updates and business highlights on August 1, 2019 at 4:30 p.m. Eastern Time.

Regeneron to Report Second Quarter 2019 Financial and Operating Results and Host Conference Call and Webcast on August 6, 2019

On July 8, 2019 Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) reported that it will report its second quarter 2019 financial and operating results on Tuesday, August 6, 2019, before the U.S. financial markets open (Press release, Regeneron, JUL 8, 2019, https://www.prnewswire.com/news-releases/regeneron-to-report-second-quarter-2019-financial-and-operating-results-and-host-conference-call-and-webcast-on-august-6-2019-300879907.html [SID1234537414]). The Company will host a conference call and simultaneous webcast at 8:30 AM Eastern Time that day.

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Conference Call Information
To access this call, dial (800) 708-4540 (U.S.) or (847) 619-6397 (International). A link to the webcast may be accessed from the ‘Investors and Media’ page of Regeneron’s website at View Source A replay of the conference call and webcast will be archived on the Company’s website and will be available for 30 days.