BioCryst to Report Fourth Quarter and Full Year 2018 Financial Results on March 4

On February 18, 2019 BioCryst Pharmaceuticals, Inc. (Nasdaq: BCRX) reported that the company will report its fourth quarter and full year 2018 financial results on Monday, March 4, 2019 (Press release, BioCryst Pharmaceuticals, FEB 18, 2019, View Source [SID1234533373]).

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BioCryst management will host a conference call and webcast at 8:30 a.m. ET that day to discuss the financial results and provide a corporate update.

The live call may be accessed by dialing 877-303-8027 for domestic callers and 760-536-5165 for international callers and using conference ID # 1271286. A live webcast of the call and any slides will be available online at the investors section of the company website at www.biocryst.com. A telephone replay of the call will be available by dialing 855-859-2056 for domestic callers or 404-537-3406 for international callers and entering the conference ID # 1271286.

Exicure to Present at SMi’s RNA Therapeutics 2019 Conference

On February 18, 2019 Exicure, Inc. (OTCQB:XCUR), the pioneer in gene regulatory and immunotherapeutic drugs utilizing spherical nucleic acid (SNA) constructs, reported that its CEO, Dr. David Giljohann, will present at SMi’s RNA Therapeutics 2019 Conference being held February 20-21, 2019 at the Copthorne Tara Hotel in London, UK (Press release, Exicure, FEB 18, 2019, View Source;p=RssLanding&cat=news&id=2387769 [SID1234533371]). Dr. Giljohann’s presentation titled "Spherical Nucleic Acids: Clinical Progress" will occur on Wednesday, February 20, 2019 at 9:10 am GMT.

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Clarity Raises $8,965,959.75. Opens the Capital Raise to External Investors

On February 18, 2019 Clarity Pharmaceuticals, a radiopharmaceutical company focused on the treatment of serious disease, is reported that it has raised a total of $8,965,959.75 (Press release, Clarity Pharmaceuticals, FEB 18, 2019, View Source [SID1234533370]). This includes the previously announced strategic investment of $5,000,002.75 from GenesisCare, the largest private provider of cancer treatment in Australia and Europe, and an additional $3,965,957.00 from the undertaking of a Rights Issue to Clarity’s existing shareholders.

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Clarity is now opening the capital raise to external investors for the remaining $1,034,045.75 to complete a total of $10,000,005.50.

The money raised will fund further development of Cu-64 SARTATE and Cu-67 SARTATE, which are next generation, highly targeted, theranostic pharmaceuticals with increased specificity and in vivo stability. Cu-64 SARTATE allows for diagnostic PET imaging, as well as the potential for personalised dosimetry. Cu-67 SARTATE is a potential therapeutic product which could enable treatment for cancers that express the somatostatin receptor 2 (SSTR-2). Clarity commenced its first therapy trial in July 2018 using SARTATE in a serious brain cancer called meningioma and have now reached 50% of our patient recruitment target. This trial of Cu-67 SARTATE will help to pave the way for the use of Cu-67 SARTATE in this patient group as well as using this data as a basis to help expand other indications that express SSTR-2, such as neuroblastoma, an aggressive children’s cancer, and other cancers. Clarity will also continue the development of Cu-64 SARTATE as a diagnostic product for neuroendocrine tumours (NETs) following a successful first-in-human study, completed in 2016.

The capital raising will also fund the development of two other assets in Clarity’s pipeline: a prostate specific membrane antigen (PSMA) targeting product for the diagnosis and treatment of prostate cancer; and a Bombesin (BBN) product that targets the gastrin-releasing peptide receptor, which is present in a number of serious cancers including lung, ovarian, prostate, and breast.

Dr Alan Taylor, Executive Chairman of Clarity Pharmaceuticals, commented, "We are excited to see such strong support from our existing shareholders in this Rights Issue as well as increased interest from a number of strategic companies. This gives us great confidence in our technology, and to continue growing and developing our Company, its capabilities and pipeline in the future. We are also looking forward to welcoming a small number of new investors to our Company given now is the time when the radiopharmaceutical market is gaining significant traction with a number of multibillion-dollar acquisitions in the last few years."

Innovent Announces a Collaboration with Chipscreen Biosciences to Evaluate the Combination Therapy in Colorectal Cancer Patients

On February 17, 2019 Innovent Biologics, Inc. (Innovent) (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercializes high quality innovative medicines for the treatment of oncology, autoimmune and other major diseases, reported the signing of a collaboration agreement with Shenzhen Chipscreen Biosciences Co., Ltd. (Chipscreen Biosciences) to evaluate the safety and tolerability of the combination therapy of Innovent’s Tyvyt (generic name: sintilimab injection), a fully human anti-programmed cell death protein 1 (anti-PD-1) monoclonal antibody and IBI305, a biosimilar product candidate of bevacizumab and a recombinant humanized anti-vascular endothelial growth factor (anti-VEGF) monoclonal antibody, with Chipscreen Biosciences’ Chidamide, a benzamide-based selective inhibitor of class I (subtypes 1, 2, 3) and IIb (subtype 10) histone deacetylases (HDACs), in patients with advanced colorectal cancer (Press release, Innovent Biologics, FEB 17, 2019, View Source [SID1234533367]).

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Under the terms of the agreement, Chipscreen Biosciences and Innovent will jointly in China to explore potential applications of this combination on colorectal cancer and to evaluate its safety and tolerability.

"There are significant unmet medical needs for patients with advanced colorectal cancer, and the combination treatment with different targeted therapies may serve as an additional solution to these patients", said Chipscreen Biosciences’s Executive Vice President, Dr. Zhiqiang Ning. "We look forward to partnering with Innovent to explore a potential clinical application with the combination regimen of immune check-point inhibitor, angiogenesis inhibitor and epigenetic modulator in this indication."

"Epigenetic aberrations appear to be one of the major causes of resistance to immune-oncological therapies. Chidamide, a novel epigenetic modulating agent discovered in China, seems to reverse patient resistance to immune therapy in early clinical studies," said Innovent’s Chief Scientific Officer, Dr. Kerry Blanchard. "We are pleased to be partnering with Chipscreen Biosciences to explore combination therapy with Sintilimab, IBI305, and Chidamide in colorectal cancer. We hope this collaboration will eventually benefit those patients in need."

About Chidamide

Chidamide, a benzamide-based selective inhibitor of class I (subtypes 1, 2, 3) and IIb (subtype 10) histone deacetylases (HDACs), reverses epigenetic abnormalities related to tumorigenesis. Chidamide induces chromatin remodeling by inhibiting specific subtypes of HDACs which leads to increased acetylation of histones (i.e., epigenetic changes), therefore modifying gene expression in multiple signal transduction pathways. Chidamide directly inhibits the cell cycle and induces apoptosis of tumor cells from the blood and lymphatic system. It can induce and activate tumor killing by natural killer cells (NK) and antigen-specific cytotoxic T-cells (CTL), and modulates the anti-tumor cellular immunity of bodies. Chidamide also induces the differentiation of tumor stem cells and reverses epithelial mesenchymal phenotype transformation (EMT) of tumor cells through epigenetic regulation mechanisms, thereby playing a potential role in restoring the drug sensitivity of drug-resistant tumor cells, and inhibiting tumor metastasis and recurrence. It is a new molecular entity with global patent protection developed by Chipscreen Biosciences, China’s first international-recognized subtype selective histone deacetylation enzyme (HDAC) oral inhibitor, and a national class 1.1 drug. In December 2014, it was approved for marketing by the China Food and Drug Administration (CFDA). Its first indication is relapsed and refractory peripheral T-cell lymphoma. Meanwhile, clinical studies on other blood tumors, solid tumors and HIV with either a single drug or combined with other drugs are being carried out simultaneously in the United States, Japan, Mainland China and Taiwan, as well as in other countries and regions.

About Tyvyt (sintilimab injection)

Tyvyt (sintilimab injection) is an innovative drug jointly developed in China by Innovent and Eli Lilly and Company. Innovent is currently conducting the clinical studies of sintilimab injection in the United States. Tyvyt (sintilimab injection) is a type of immunoglobulin G4 monoclonal antibody, which binds to PD-1 molecules on the surface of T-cells, blocks the PD-1/ PD-1 Ligand-1 (PD-L1) pathway and reactivates T-cells to kill cancer cells. Tyvyt (sintilimab injection) is the only PD-1 antibody in China branded by both a local biopharmaceutical company and a global pharmaceutical company. Tyvyt (sintilimab injection) has been granted marketing approval by the National Medical Products Administration (NMPA) for relapsed or refractory classical Hodgkin’s lymphoma (r/r cHL). There are currently more than twenty clinical studies of sintilimab injection, including seven registration studies, are ongoing to evaluate the efficacy of sintilimab injection on other solid tumors.

About IBI305 (bevacizumab biosimilar)

IBI305 is a biosimilar product candidate of bevacizumab and a recombinant humanized anti-VEGF monoclonal antibody for injection. Vascular endothelial growth factor (VEGF) is an important factor in angiogenesis that is highly expressed by endothelial cells in most human tumors. An anti-VEGF antibody binds VEGF selectively with high affinity and blocks its binding to VEGF receptors on the surface of vascular endothelial cells, therefore inhibiting signaling pathways such as PI3K-Akt/PKB and Ras-Raf-MEK-ERK. Bevacizumab produces anti-tumor effects by inhibiting the growth, proliferation and migration of vascular endothelial cells, blocking angiogenesis, reducing vascular permeability, blocking blood supply to tumor tissues, inhibiting the proliferation and metastasis of tumor cells and inducing apoptosis in tumor cells. The new drug application (NDA) of IBI305 was accepted by the NMPA on 29 January 2019.

Updated Results from Phase 1 Study of Telaglenastat (CB-839) to be Presented at 2019 ASCO Genitourinary Cancer Symposium

On February 16, 2019 Calithera Biosciences, Inc. (Nasdaq: CALA), a clinical stage biotechnology company focused on discovering and developing novel small molecule drugs directed against tumor metabolism and tumor immunology targets for the treatment of cancer, reported that updated data from a Phase 1 study of the glutaminase inhibitor telaglenastat in combination with cabozantinib in patients with advanced renal cell carcinoma (RCC) will be presented at the American Society of Clinical Oncology (ASCO) (Free ASCO Whitepaper) Genitourinary Cancer (ASCO GU) Symposium, in San Francisco, California (Press release, Calithera Biosciences, FEB 16, 2019, View Source [SID1234535230]).

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"Despite the advances in the treatment of renal cell carcinoma, there remains a significant unmet need among patients with advanced disease," said Susan Molineaux, PhD, President and Chief Executive Officer of Calithera. "Based on promising Phase 1 results, we initiated and are currently enrolling the global, randomized CANTATA trial of telaglenastat plus cabozantinib with the hope of identifying a new therapeutic option that could benefit patients following their initial therapies."

Telaglenastat is an investigational, novel glutaminase inhibitor specifically designed to block glutamine consumption in tumor cells. RCC tumors commonly exhibit metabolic alterations that increase their dependence on glutamine. In preclinical studies, telaglenastat produced synergistic antitumor effects when used in combination with standard-of-care RCC therapies including cabozantinib.

At the ASCO (Free ASCO Whitepaper) GU Symposium, Dr. Funda Meric-Bernstam from MD Anderson Cancer Center will present results from the Phase 1 study in an oral presentation (Abstract 549, Rapid Abstract Session C; RCC, Saturday February 16, 11:35 a.m.-12:30 p.m. PST) and poster presentation, "CB-839, a glutaminase inhibitor, in combination with cabozantinib in patients with clear cell and papillary metastatic renal cell cancer: Results of a phase I study." As of December 24, 2018, 12 advanced renal cell carcinoma patients were treated with telaglenastat plus cabozantinib and evaluable for response, including 10 clear cell patients, and two papillary patients. One hundred percent of evaluable patients experienced tumor shrinkage and disease control; this includes five patients who had a partial response and seven patients who had stable disease. In the clear cell patient population, the disease control rate was 100 percent and the response rate was 50 percent. Patients enrolled in the trial had advanced or metastatic disease and had received a median of three prior treatments, which included tyrosine kinase inhibitors, mTOR inhibitors, and checkpoint inhibitors. Patients were administered telaglenastat in oral doses that ranged from 600-800 mg twice a day in combination with a fixed oral dose of cabozantinib at 60 mg once a day.

In addition, Dr. Nizar Tannir from MD Anderson Cancer Center will present a poster describing the CANTATA trial at ASCO (Free ASCO Whitepaper) GU (Trials in Progress Poster Session C, Board K13). CANTATA is a global, randomized, double-blind trial designed to evaluate the safety and efficacy of telaglenastat in combination with cabozantinib versus placebo with cabozantinib in patients with advanced clear cell RCC who have been treated with one or two prior lines of systemic therapy. The trial will enroll approximately 400 patients and is designed with registrational intent. The primary endpoint is progression free survival by blinded independent review, and a key secondary endpoint is overall survival