Alector to Participate at Virtual Investor Conferences in September

On September 3, 2020 Alector, Inc. (Nasdaq: ALEC), a clinical-stage biotechnology company pioneering immuno-neurology, reported that members of management will participate in fireside chats at the following upcoming virtual investor conferences (Press release, Alector, SEP 3, 2020, View Source [SID1234564400]):

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

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

                  Schedule Your 30 min Free Demo!

Citi’s 15th Annual BioPharma Virtual Conference, Thursday, September 10, 2020, at 11:40 a.m. ET
Morgan Stanley 18th Annual Global Healthcare Conference, Monday, September 14, 2020, at 12:00 p.m. ET
Live webcasts of each fireside chat will be available on the "Events & Presentations" page within the Investors section of the Alector website at View Source Replays of the webcasts will be available on the Alector website for 30 days following the event.

Rain Therapeutics to Present at Citi’s 15th Annual BioPharma Virtual Conference

On September 3, 2020 Rain Therapeutics Inc., a privately-held, clinical stage biotechnology company focused on targeted therapies for patients with cancer, reported that Avanish Vellanki, chairman and chief executive officer of Rain, will present a corporate overview at Citi’s 15th Annual BioPharma Virtual Conference being held September 8-10, 2020 (Press release, Rain Therapeutics, SEP 3, 2020, View Source [SID1234564399]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

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

                  Schedule Your 30 min Free Demo!

Citi’s Annual BioPharma Conference
Date: Tuesday, September 8
Time: 10:05 a.m. EDT

Cancer research UK and AstraZeneca’s new antibody maturation technique yields high-affinity Arginase 2 antibody

On September 3, 2020 Researchers at the Cancer Research UK-AstraZeneca Antibody Alliance Laboratory in Cambridge, UK, reported that they have pioneered the development of an innovative affinity maturation technique to generate an inhibitory, high-affinity antibody against Arginase 2 (ARG2), an enzyme implicated in major human diseases including cancer (Press release, Cancer Research UK, SEP 3, 2020, View Source [SID1234564398]). Their findings(link is external) are published in mAbs today (Thursday)*, following publication of the method(link is external) in Proceedings of the National Academy of Sciences of the United States of America (PNAS)**.

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

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

                  Schedule Your 30 min Free Demo!

ARG2 targets and destroys L-arginine, an amino acid critical for immune cells to fight diseases such as cancer, as well as infections. Although ARG2 is necessary to control arginine levels in the body, it is overexpressed in various types of cancer, including pancreatic ductal adenocarcinoma, bowel cancer and acute myeloid leukaemia.

In these cancers, the excess ARG2 present decimates the levels of L-arginine around tumours and hinders the immune cells that need it to function, creating an immunosuppressive local environment that allows tumours to grow unchecked, ‘hidden’ from the immune system***. ARG2 is therefore an attractive target for inhibitory therapeutic antibodies that could help restore immune function against cancer cells.

Dr Maria Groves and her team at the Cancer Research UK-AstraZeneca Antibody Alliance Laboratory in Cambridge, in collaboration with the late Professor Cerundolo and his team at Oxford University(link is external), and Professor Mark Carr’s structural biology group at the University of Leicester(link is external), have generated a highly promising potential therapeutic antibody against ARG2. The lead antibody, called C0021158, is the first product of the researchers’ innovative antibody affinity maturation approach reported last month in PNAS*** and boasts a full complement of desirable properties, including high affinity binding and complete inhibition of ARG2 activity.

Traditional affinity maturation approaches have focused on exploring sequence diversity in only a few specific regions of antibodies, limiting the improvements that could be obtained in candidate therapeutics – particularly for antibodies that are challenging to mature. The innovative approach used to develop C0021158 allowed the researchers to identify antibodies with non-predictable combinations of amino acid sequence changes that generated a significantly-improved affinity and potency of inhibition against ARG2. The pioneering anti-ARG2 therapeutic antibody work dramatically illustrates the advantages of the new unbiased approach.

Characterisation of C0021158 highlighted the resounding success of the researchers in generating a therapeutic candidate, which demonstrates complete and highly potent inhibition of ARG2 activity; in laboratory assays, the antibody restored the proliferation of immune cells that were suppressed by ARG2-driven arginine deficiency. Protein crystallography performed at the University of Leicester provided key structural and molecular insights into the mechanism of antibody-mediated inhibition, revealing dramatic changes in antibody interaction with ARG2 resulting from affinity maturation. The inhibitory antibody binding induced dramatic changes in the structure of ARG2, resulting in conformation changes at the active site of the enzyme that prevent both ARG2 activity and productive binding of its arginine target.

The researchers expect that the techniques described in these papers will launch the discovery of a new generation of high-affinity and high-potency therapeutics made possible by unbiased affinity maturation. This will be of particular importance in circumstances where candidate antibodies are difficult to mature, and will have treatment applications in cancer and beyond.

Study author Dr Maria Groves, from the Cancer Research UK-AstraZeneca Antibody Alliance Laboratory, said: "It takes a tremendous amount of time and resources to bring a new therapeutic antibody to the clinic, so we need them to be the best they can be. This first success gives me confidence that our unbiased libraries will produce stronger, more efficient antibodies, and support the delivery of novel oncology therapeutics in the future."

There’s still a long way to go with the new ARG2 antibody, and the researchers are now hoping to partner with a company to help develop the antibody and progress it into the clinic for oncology and non-oncology indications. For oncology, they believe that it may help target tumours that have been hiding from the immune system, when used in combination with chemotherapy or immunotherapy.

The structural biology lead for the project, Professor Mark Carr, from the Institute of Structural and Chemical Biology at the University of Leicester(link is external) said "The outstanding success of the ARG2 therapeutic antibody project is an exemplar of the substantial benefits to be gained in drug discovery from harnessing the complementary scientific expertise and knowledge available in the pharmaceutical industry, biomedical charity and university sectors of the UK life sciences community. The outcomes from this project point to a successful future for the joint CRUK-AstraZeneca Antibody Alliance Laboratory and my structural biology group look forward to further successful collaborations."

Dr Andreas Hadjinicolaou, from the MRC Human Immunology Unit(link is external) at the University of Oxford, said: "Our collaboration with the Antibody Alliance Laboratory has transformed an idea born in Oxford University to successful fruition in an extremely efficient and scientifically robust manner. The lab applied innovative antibody technology to stop the immune evasion effects of the ARG2 enzyme in cancer. This focused collaboration generated exceptional outcomes and the output from the lab will undoubtedly serve to deliver novel oncology therapeutics for the future. It has been a pleasure and a privilege to be part of this effort."

Shorla Pharma named Local Enterprise of the Year at The Irish Times Business Awards 2020

On September 3, 2020 Shorla Pharma reported that it has been named Local Enterprise of the Year at The Irish Times Business Awards 2020 in association with KPMG (Press release, Shorla Pharma, SEP 3, 2020, View Source;utm_medium=rss&utm_campaign=shorla-pharma-named-local-enterprise-of-the-year-at-the-irish-times-business-awards-2020 [SID1234564397]). The award is very special as it recognises our innovations, brand building efforts and the significant milestones achieved in a time of such global uncertainty. Sincere thanks to our incredible team of employees, advisors and investors and congratulations to the other outstanding nominees.

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

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

                  Schedule Your 30 min Free Demo!

Pictured are co-founders Orlaith Ryan and Sharon Cunningham with Mark Foley, CEO of EirGrid who sponsored the award.

KITE AND HIFIBIO THERAPEUTICS PARTNER TO DISCOVER NOVEL TARGETS AND ANTIBODIES AGAINST ACUTE MYELOID LEUKEMIA

On September 3, 2020 Kite, a Gilead Company (Nasdaq: GILD), and HiFiBiO Therapeutics announced the companies reported that they have entered into a two-year research collaboration and license agreement in acute myeloid leukemia (AML) (Press release, HiFiBiO Therapeutics, SEP 3, 2020, View Source [SID1234564393]). Through this collaboration, HiFiBiO will use its proprietary technology platforms to identify novel AML targets and anti-AML specific antibodies for Kite’s use in cell therapies.

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

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

                  Schedule Your 30 min Free Demo!

"Kite is committed to pursuing novel cell therapies for people living with AML," said Peter Emtage, PhD, Senior Vice President of Research at Kite. "To date, most efforts to identify AML-specific targets have focused on mining proteomic datasets, as opposed to individual AML patient samples. We are excited to partner with HiFiBiO, whose innovative technology platform allows for screening of novel targets in AML patient samples, as well as the potential identification of anti-AML antibodies to be harnessed for use in cell therapies for patients."

"We look forward to working with Kite to identify disease-relevant targets directly from AML patient samples," said Liang Schweizer, PhD, President and CEO of HiFiBiO Therapeutics. "This is another novel target discovery application that complements our current antibody and biomarker capabilities and showcases the versatility of our platform."

Under the terms of the agreement, HiFiBiO will receive an upfront payment and will be eligible for additional payments based on the achievement of certain research milestones. Kite will have an exclusive option to opt in on any targets discovered through the collaboration, for which HiFiBiO will receive an additional payment and will be eligible for additional development, regulatory and commercial milestone payments, as well as royalty payments.

About HiFiBiO Therapeutics
HiFiBiO Therapeutics is transforming the field of immunotherapy by combining proprietary single-cell profiling technologies with advanced data intelligence and deep knowledge of immune system biology.

This approach enables the development of novel antibody therapies that are paired with biomarkers to predict patient response. HiFiBiO Therapeutics is working actively to address unmet medical needs around the world through its own innovative pipeline programs and open-innovation partnerships with world-renowned industry and academic researchers. The company’s strong global footprint features cutting-edge laboratories on three continents, in Cambridge, Mass., Paris, Shanghai and Hong Kong. To learn more, please visit www.hifibio.com.