DURECT Corporation to Participate in Fireside Chat at H.C. Wainwright 4th Annual NASH Investor Conference

On September 30, 2020 DURECT Corporation (Nasdaq: DRRX) reported that James E. Brown, President, CEO, Michael H. Arenberg, Chief Financial Officer, and Dr. WeiQi Lin, Executive Vice President of R&D will be participating in a fireside chat hosted by Ed Arce of H. C. Wainwright on Monday, October 5, 2020 from 2:30 p.m. to 3:00 p.m. EDT / 11:30 a.m. to noon PDT (Press release, DURECT, SEP 30, 2020, https://investors.durect.com/news-releases/news-release-details/durect-corporation-participate-fireside-chat-hc-wainwright-4th?field_nir_news_date_value[min]=2020 [SID1234567904]).

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A live webcast of the presentation will be available by accessing View Source

The live webcast of the presentation will also be available by accessing DURECT’s homepage at www.durect.com and clicking on the "Investors" tab.

Flame Biosciences Announces $100 Million Common Stock Financing to Further Advance Drugs Targeting Inflammasome for Oncology and Other Inflammatory Diseases

On September 30, 2020 Flame Biosciences, a clinical-stage biopharmaceutical company focused on developing antibodies to treat cancer and inflammatory diseases, reported the completion of a $100 million common stock financing led by Rock Springs Capital, with participation from funds and accounts advised by T. Rowe Price Associates, Inc., Cormorant Asset Management LP, Janus Henderson Investors, Surveyor Capital (a Citadel company), Samsara BioCapital, Adage Capital Management LP, Terra Magnum Capital Partners, Logos Capital and Acuta Capital Partners (Press release, Flame Biosciences, SEP 30, 2020, View Source [SID1234567895]). Proceeds from this financing will be used to progress clinical trials and secure additional business development opportunities.

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Flame is currently developing monoclonal antibodies that bind and neutralize interleukin-1β (IL-1β) with the intention of treating multiple diseases, most notably cancer. Multiple models suggest chronic inflammation facilitates tumor formation and progression by creating a tumor microenvironment (TME) that supports cancer cell proliferation and suppresses immune surveillance. Clinical data also support the notion that IL-1β is a key mediator of this chronic inflammation, and that FL-101, Flame’s IL-1β neutralizing antibody, has the potential to effectively treat cancer.

"We are grateful for the support and commitment of our new investors and are excited to work with Kris Jenner and Rock Springs Capital as we advance our pipeline of therapeutics to the clinic," said Harlan Weisman, MD, Chief Executive Officer and Co-Founder of Flame. "Inhibiting chronic inflammation presents an enormous opportunity for novel therapeutics to treat a range of diseases characterized by immune system dysfunction, including cancer and inflammatory diseases. Flame is committed to establishing this mechanism of immune regulation for the benefit of patients who suffer from these deadly and debilitating conditions."

Kris Jenner, Managing Member at Rock Springs Capital, added, "The IL-1β pathway presents an intriguing set of possibilities that would open up a new class of medicines for a broad array of devastating diseases. We look forward to working alongside Flame to move FL-101 through clinical development."

FL-101 will enter the clinic in the first half of 2021 for proof-of-concept testing in patients with non-small cell lung cancer. Based on both preclinical and clinical data, Flame believes FL-101 has potential best-in-class attributes.

Helix BioPharma Corp. provides Polish subsidiary divestiture update

On September 30, 2020 Helix BioPharma Corp. (TSX: HBP) ("Helix" or the "Company"), a clinical-stage biopharmaceutical company developing unique therapies in the field of immuno-oncology based on its proprietary technological platform DOS47, reported an update on the progress regarding the non-binding term sheet the Company received and previous announced on June 26, 2020 to divest the remaining shares it holds in its Polish subsidiary, Helix Immuno-Oncology S.A (Press release, Helix BioPharma, SEP 30, 2020, View Source [SID1234567880]).

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Draper’s Tumor-on-a-Chip Parallels In Vivo Findings of Checkpoint Inhibitor Efficacy in Mice

On September 30, 2020 Draper, reported that in one of the latest lab-on-a-chip advances, has shown that its dynamic, in vitro tumor microenvironment can be used to distinguish tumor responses against two different checkpoint inhibitors in three mouse lines (Press release, Draper Laboratory, SEP 30, 2020, View Source [SID1234567846]).

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The system, named EVIDENT (Ex Vivo Immuno-oncology Dynamic ENvironment for Tumor biopsies), "enables both precision-controlled perfusion across biopsied tumor fragments and the introduction of checkpoint-inhibitor-treated tumor-infiltrating lymphocytes in a single experiment," according to a recent report in the International Journal of Molecular Science.

Experiments performed in parallel using the EVIDENT system at Draper and in mouse models at Charles River Laboratories compared results using two different ICI therapies (anti-CTLA4 and anti-PD-1) against three different syngeneic mouse lines (MC38, CT26, and B16F10). The results from the EVIDENT system were consistent with the in vivo mouse studies.

Specifically, "Charles River Labs found that the checkpoint inhibitors stopped the tumor from growing in mice in one mouse model, while Draper’s tumor-on-a-chip showed that the same checkpoint inhibitors killed the tumor (in the same mouse line)," Jeff Borenstein, Ph.D., a group leader in the bioengineering division at Draper, told BioSpace. "In another mouse model, neither drug elicited a response."

In the other, there was a mixed response. The results correlated with those from Draper’s EVIDENT system.

"Our tests show that EVIDENT can accommodate dynamic interactions between lymphocytes and tumors and is compatible with real-time imaging and quantification of tumor killing and lymphocyte infiltration in response to ICI treatments," he said in a statement. Importantly, the tumor fragments remain viable for at least a week.

The difference between the two approaches was the time it took to return results.

"The EVIDENT system returned results in five days, whereas the mouse-based research took four to six weeks," Borenstein said.

Part of the speed can be attributed to the relative sizes of the tissues. The fragments in the EVIDENT system were approximately 150 μm diameter, while the mouse tumors were approximately 10mm in diameter. The "tumor-infiltrating lymphocytes were not required to home and infiltrate very deeply into the tumor fragments," the paper noted.

The tumor-on-a-chip approach reduced the need for large numbers of mice, and the individual testing of the tumors, and the care of the mice. In contrast, taking a small number of mice, excising fragments of the tumors, putting them on a plate, and performing the experiment is faster.

Labs-on-a-chip have been available, at least at the research stage, for years but are just now gaining traction among drug developers. "Most of the work in the microfluidics evaluation of cancer drugs is done with organoids or spheroids – culture-grown systems," he elaborated. Those are synthesized and fail to capture the true complexity of the tumor microenvironment in the body. For example, the paper points out, "…most are non-perfused systems that do not capture the dynamics of lymphocyte migration and drug transport , and their study is often of limited duration due to a rapid decline in viability beyond 24–72 hours."

Thus, as Borenstein said, "To recapitulate what happens in the body, there’s no better way than to take an actual tumor." Unlike those systems, "The EVIDENT system uses actual biopsies of tumors from mice rather than lab-created models of tumors."

The EVIDENT system used a 12-channel plate. Draper wants to scale that to 96-well plates. "Tumors are very heterogeneous," Borenstein pointed out, "so you don’t want to base drug selection, for example, on just one tumor. You want replicates. Fragmenting a tumor (or tumors) provides more evidence," that leads to more accurate results.

Increasing the plate’s multiplexing capabilities could significantly benefit drug developers, enabling them to simultaneously screen more compounds against a tumor.

As evidence mounts, he expects the system to also be used to determine patient-specific therapies for personalized medicine. For clinicians, increasing the multiplexing capabilities will allow multiple therapeutics to be screened against a patient’s tumor, thereby identifying the one most likely to be effective without the need for the patient to endure a series of failed therapies. Combining information gained from EVIDENT with the growing body of research into biomarkers, genetics, and epigenetics provides a powerful set of tools for both drug developers and oncologists.

Additionally, in the lab, the EVIDENT system lets researchers watch what’s happening to the tumor under a microscope.

"You can monitor activity in real time, and can label the tumor and immune cells to develop a mechanistic understanding of what’s occurring," Borenstein said.

Draper, as a not-for-profit institution, is collaborating with companies to develop this and tools for drug development and precision medicine. It is working on a variety of programs for diagnostics, devices, and platform technologies. Before they can be rolled out, "We need to partner to increase availability, to enable scale up to bring the device to drug companies and hospitals.

"What’s next," Borenstein said, "is to use this tumor-on-a-chip system in parallel with mouse studies. As a bridge between high throughput screening and animal studies, Draper’s EVIDENT system can provide fast, statistically significant results early on, allowing researchers to reserve animal studies for confirmation or later stages of development."

Turning Point Therapeutics to Participate in Upcoming Virtual Investor Conference

On September 30, 2020 Turning Point Therapeutics, Inc. (NASDAQ: TPTX), a precision oncology company developing next-generation therapies that target genetic drivers of cancer, reported that President and CEO Athena Countouriotis, M.D., will participate in a question and answer session on Oct. 5 as part of the Roth Capital Partners’ CEO Talk Series (Press release, Turning Point Therapeutics, SEP 30, 2020, View Source [SID1234567831]).

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Dr. Countouriotis’ session is scheduled to begin at noon ET and will be accessible via webcast through the Investors page of www.tptherapeutics.com.