Clovis Oncology Announces Exercise by Initial Purchasers of Their Option to Purchase an Additional $13.0 Million Aggregate Principal Amount of the Company’s 4.50% Convertible Senior Notes Due 2024

On August 22, 2019 Clovis Oncology, Inc. (NASDAQ: CLVS) reported that the initial purchasers of the previously announced offering of the Company’s 4.50% Convertible Senior Notes due 2024 (the "notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, have elected to exercise their option to purchase an additional $13.0 million aggregate principal amount of the notes (Press release, Clovis Oncology, AUG 22, 2019, View Source [SID1234538943]). The settlement of the option is expected to occur on August 23, 2019, subject to customary closing conditions. Following the closing, there will be a total of $263.0 million aggregate principal amount of the notes outstanding.

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Clovis Oncology intends to use the net proceeds from the exercise of this option for general corporate purposes, including sales and marketing expenses associated with Rubraca (rucaparib), funding of Clovis Oncology’s development programs, payment of milestones pursuant to Clovis Oncology’s license agreements, general and administrative expenses, acquisition or licensing of additional product candidates or businesses, repurchase or repayment of other debt obligations and working capital.

The offer and sale of the notes and the shares of common stock issuable upon conversion of the notes have not been registered under the Securities Act or any state securities laws and, unless so registered, the notes and any such shares may not be offered or sold in the United States except pursuant to an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy the notes or any other securities, nor will there be any sale of notes or any other securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

bluebird bio Announces Investor Events in September

On August 22, 2019 bluebird bio, Inc. (Nasdaq: BLUE) reported that members of the management team will present at the following upcoming investor conferences in September (Press release, bluebird bio, AUG 22, 2019, View Source [SID1234538942]):

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Citi 14th Annual Biotech Conference, Wednesday, September 4, at 8:00 a.m. ET at the Four Seasons Boston, Boston, MA
Morgan Stanley 17th Annual Global Healthcare Conference, Wednesday, September 11, at 10:30 a.m. ET at the Grand Hyatt, New York City
To access the live webcasts of bluebird bio’s presentations, please visit the "Events & Presentations" page within the Investors & Media section of the bluebird bio website at View Source Replays of the webcasts will be available on the bluebird bio website for 90 days following the events.

Flatiron Health Announces Three Publications Studying a Feasible, Reliable, Scalable and Meaningful Real-World Progression Endpoint for Oncology Research

On August 22, 2019 Flatiron Health reported a series of three research publications that developed and evaluated a new approach to capture when a patient’s cancer has worsened based on information contained in the electronic health record (EHR) (Press release, Flatiron Health, AUG 22, 2019, View Source [SID1234538941]). These manuscripts illustrate the potential impact for research conducted from data collected as part of routine clinical care (real-world data).

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Cancer researchers and regulators, including the U.S. Food & Drug Administration, have typically relied on measurements from imaging tests to document cancer shrinkage or growth. When conducting research from real-world data, access to these radiology studies and measurements may be limited and another measure of disease status is needed. The authors define a new measure, "real-world progression," based on the documents contained in a patient’s chart that does not require the scans themselves. Results from these three studies provide the tools and evidence needed to generate high-quality data and facilitate interpretation of the evidence obtained from future real-world studies in oncology.

"Progression, or worsening of cancer, is one of the most important points in a cancer patient’s journey because it indicates the cancer is no longer controlled. For patients and their families, progression impacts everything from treatment side effects to vacation plans. For doctors, progression informs next steps in care and treatment decisions. For cancer researchers, progression identifies where we need to do better," said Dr. Rebecca Miksad, senior medical director at Flatiron Health. "Through this research, generating evidence from real-world datasets will help us achieve our goal of learning from the experience of patients treated in real-world settings."

Published in collaboration with the U.S. Food & Drug Administration (FDA), Genentech and Dana-Farber Cancer Institute in Advances in Therapy (May 2019), the first manuscript, "Generating real-world tumor burden endpoints from electronic health record data: Comparison of RECIST radiology-anchored and clinician-anchored approaches for abstracting real-world progression in non-small cell lung cancer," evaluates different methods to curate rwP from documents available in the EHR. Researchers found that applying strict radiology interpretation rules (called "RECIST") was not viable for assessing progression of cancer in patients treated outside of clinical trials, in the real world; however, capturing the doctor’s written assessment of the patient’s cancer status corroborated with radiologic evidence was both feasible and reliable for understanding when disease progressed in cancer patients treated in routine clinical settings.

A follow-up study, "Characterizing the feasibility and performance of real-world tumor progression end points and their association with overall survival in a large advanced non-small-cell lung cancer dataset," published in JCO Clinical Cancer Informatics (August 2019), with the FDA, Duke University, Dana-Farber and Genentech, tested this approach in the de-identified records of more than 30,000 patients with advanced non-small cell lung cancer (aNSCLC). Researchers tested curating rwP events from the EHR for a large group of patients treated in real-world settings and determined the length of time until a tumor worsened, both of which are fundamental treatment metrics in oncology. This approach that anchors to the clinician’s assessment of the patient’s cancer status proved to be meaningful and scalable for understanding disease progression in real-world patient cohorts large enough and recent enough to potentially impact clinical decision making.

After identifying the most effective approach to assessing rwP as an endpoint, investigators at Flatiron and the FDA sought to derive meaningful insights from a de-identified dataset. Building on prior research studies (see here and here), the third study in the rwP manuscript series, "Real-world progression, treatment, and survival outcomes during rapid adoption of immunotherapy for advanced non-small cell lung cancer," published in Cancer (August 2019), expands and deepens our understanding of how immunotherapy treatment impacts patients with aNSCLC treated in the real world by evaluating rwP-based outcomes. Notable findings from this manuscript include shifts in practice patterns in recent years, outcomes in patient groups underrepresented in clinical trials, and relationship of rwP events to the patient’s overall care and survival.

By enhancing our understanding of progression for cancer patients treated in the real-world, this research continues to develop a solid foundation for generating real-world evidence; research that may supplement and complement results from clinical trials and may help inform patient and clinician decision-making.

For a synthesis of our approach to our rwP research across all three publications, please see our blog post, "Is the Cancer Better or Worse? Our Journey to Curate Tumor Progression From the Electronic Health Record."

Flatiron Health is a healthcare technology and services company focused on accelerating cancer research and improving patient care. Our platform enables cancer researchers and care providers to learn from the experience of every patient. Currently, Flatiron partners with over 280 community cancer practices, seven major academic research centers and over 15 of the top therapeutic oncology companies. For more information, please visit www.flatiron.com or follow us @FlatironHealth.

IMV Inc. to Present at Upcoming Investor Conferences

On August 22, 2019 IMV Inc. (Nasdaq: IMV; TSX: IMV), a clinical stage immuno-oncology company, reported that company management will be presenting at the following investor conferences in September (Press release, IMV, AUG 22, 2019, View Source [SID1234538940]):

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Wells Fargo 14th Annual Healthcare Conference

Sept 4, 2019

3:00 PM EST

RHK Capital Disruptive Growth Conference

Sept 4, 2019

3:20 PM EST

HC Wainwright & Co 21st Annual Healthcare Conference

Sept 9, 2019

12:05 PM EST

A live webcast of these presentations will be available under "Events, Webcasts and Presentations" in the Investors section of IMV’s website and these webcasts will be available for replay approximately one hour after the presentations.

Castle Biosciences to Release Second Quarter 2019 Financial Results and Host Conference Call on Tuesday, September 3, 2019

On August 22, 2019 Castle Biosciences, Inc. (Nasdaq: CSTL) reported that it will release its financial results for the second quarter ended June 30, 2019 after the close of market on Tuesday, September 3, 2019 (Press release, Castle Biosciences, AUG 22, 2019, View Source [SID1234538939]). Company management will host a conference call and webcast to discuss its financial results and provide a general business update at 4:30 p.m. Eastern time on the same day.

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Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

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Conference Call Details

The conference call will be webcast live from the company’s website and will be available via the following link: View Source Please access the webcast at least 10 minutes before the conference call start time.

To access the live conference call via phone, please dial 877-282-2581 from the United States and Canada, or +1 470-495-9479 internationally, at least 10 minutes prior to the start of the call, using the conference ID 2368125.

A replay of the webcast will be available for two weeks following the conclusion of the live broadcast and will be accessible on the company’s website at www.CastleBiosciences.com from the "Investors" page.