$9.1 Million NCI Grant Renewal Will Support Cancer Retrovirus Research

On October 1, 2020 The Ohio State University College of Veterinary Medicine (CVM) and The Ohio State University Comprehensive Cancer Center – Arthur G. James Cancer Hospital and Richard J. Solove Research Institute (OSUCCC – James) reported that it have been awarded a five-year, $9.1 million Program Project Grant (PPG) renewal from the National Cancer Institute (NCI) (Press release, The Ohio State University, OCT 1, 2020, View Source [SID1234568064]).

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The PPG has been continually funded since 2003 and will allow investigators from the CVM, OSUCCC – James and collaborators at the Washington University – St. Louis to continue studying retrovirus models of cancer.

The grant renewal extends through 2025 and is led by principal investigator Patrick Green, PhD, associate director for basic research at the OSUCCC – James and director of the Center for Retrovirus Research in the CVM.

The goal of this PPG is to use a human T-cell leukemia virus type 1 (HTLV-1) T-cell immortalization model to gain an understanding of the microenvironmental, cellular and viral factors that lead to adult T-cell (ATL) leukemia.

"This is a powerful area of basic research we expect to result in new targets for the treatment of HTLV-1 infection, ATL and related leukemias and lymphomas," says Green, who also serves as professor and associate dean for research and graduate studies in the CVM and holds the Robert H. Rainier Chair in Industrial Veterinary Medicine and Research.

"This grant has allowed our multidisciplinary team to advance understanding of how retrovirus proteins contribute to cell immortalization, how retroviruses cause cellular changes that position infected cells to progress to metastatic cancer, and how ATL cells contribute to paraneoplastic disease syndromes and can be targeted for anticancer therapy," Green adds. "These are important discoveries, and this renewed funding with allow us to continue momentum in this area of cancer research."

The collaborative research grant is organized around three research projects and three research cores.

Projects include:

Role of HTLV-1 HBZ in Transformation and Disease

(Leader: Patrick Green, PhD; Co-I: Amanda Panfil, PhD)

This project will characterize the mechanism of HBZ gene products relating to HTLV-1 infection, viral latency and emergence of ATL. The major focus is on identifying and characterizing cellular binding partners that interact with HBZ messenger RNA (mRNA) and HBZ protein, and to determine the impact of those interactions on viral pathogenesis.

Effect of HTLV-1 Viral Oncogenes on the Bone Marrow Microenvironment in ATL

(Leader: Katherine Weilbaecher, MD; Co-I: Deborah Veis, MD, PhD)

This project will define the molecular mechanisms that HTLV-1-transformed cells use to interact with cells in the bone microenvironment, which include osteoblasts, bone marrow stromal cells, macrophage lineage cells and osteoclasts. Researchers will also focus on the relationship between HTLV-1 HBZ gene expression and both the Wnt non-canonical pathway (involving Wnt5a) and the HPSE gene. This work will utilize mouse transgenic and humanized animal models to evaluate the relevance of these pathways on HTLV-1 bone pathology.

Role of CTCF in HTLV-1 Replication and Transformation

(Leader: Lee Ratner, MD, PhD)

Researchers will determine if and how the CTCF gene modulates the behavior of HTLV-1-infected T cells as it relates to virus expression, HBZ gene regulation, methylation of provirus elements, site of virus integration and effect on surrounding host genes.

The PPG also supports administrative/biostatistics, virus vector and animal research cores relating to this ongoing retrovirus research.

Co-investigators in the PPG include: Amanda Panfil, PhD, Stefan Niewiesk, DVM, PhD, and Krista La Perle, DVM, PhD, from the CVM; Kristine Yoder, PhD, Soledad Fernandez, and Lianbo Yu, PhD, from Ohio State’s College of Medicine; Amanda MacFarlane, PhD, from the OSUCCC – James; and Lee Ratner, MD, PhD, Katherine Weilbaecher, MD, and Deborah Veis, MD, PhD, from Washington University. Panfil, Niewiesk and La Perle are in the Leukemia Research Program at the OSUCCC – James, where Yoder is in the Molecular Carcinogenesis and Chemoprevention Program, and Fernandez is in the Cancer Biology Program.

C4 THERAPEUTICS ANNOUNCES PRICING OF AN UPSIZED INITIAL PUBLIC OFFERING

On October 1, 2020 C4 Therapeutics, Inc. (C4T) (Nasdaq: CCCC), a biopharmaceutical company pioneering a new class of small-molecule drugs that selectively destroy disease-causing proteins through degradation, reported the pricing of its upsized initial public offering of 9.6 million shares of common stock at a public offering price of $19 per share, before underwriting discounts and commissions, for gross proceeds of $182.4 million (Press release, C4 Therapeutics, OCT 1, 2020, View Source [SID1234567980]). All shares of common stock are being offered by C4T. The shares are expected to begin trading on the Nasdaq Global Market on October 2, 2020, under the symbol "CCCC." The offering is expected to close on October 6, 2020, subject to the satisfaction of customary closing conditions. Additionally, C4T has granted the underwriters a 30-day option to purchase up to an additional 1.44 million shares of common stock at the initial public offering price, less underwriting discounts and commissions.

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Jefferies, Evercore ISI, BMO Capital Markets and UBS Investment Bank are acting as joint book-running managers for the offering.

A registration statement relating to these securities became effective on October 1, 2020. The offering will be made only by means of a prospectus, copies of which may be obtained from Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, or by telephone at (877) 821 7388, or by email at [email protected]; or from Evercore Group L.L.C., Attention: Equity Capital Markets, 55 East 52nd Street, 36th Floor, New York, NY 10055, or by telephone at (888) 474 0200, or by email at [email protected]; or from BMO Capital Markets Corp. at 3 Times Square, 25th Floor, New York, NY 10036, Attention: Equity Syndicate Department, or by telephone at (800) 414-3627, or by email to [email protected]; or from UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, New York 10019, or by telephone at (888) 827-7275, or by e-mail at [email protected].

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these 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.

Sumgen Completes $32 Million Round for Immunotherapy Antibodies

On October 1, 2020 Sumgen Biotech of Hangzhou reported that it completed a $32 million Series B funding round to advance its portfolio of novel immunotherapy antibodies (Press release, Hangzhou Shangjian Biotechnology, OCT 1, 2020, View Source [SID1234567967]). The round was led by Addor Capital and co-led by Cowin Capital and Sinowisdom Investment. The proceeds will be used to fund clinical trials of the company’s pipeline of ten oncology mAbs and construction of an antibody production facility in Hangzhou. Also participating in the round were BOCOM International, Shanghai Haoshuo Investment and Dynamic Capital.

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Simbec-Orion and Oncodistinct Network agreement to strengthen early phase oncology research

On October 1, 2020 Simbec-Orion reported a charter agreement between the Oncodistinct Network and Simbec-Orion. The agreement strengthens the relationships between Simbec-Orion and the Oncodistinct network of oncology sites, who partner in operations and scientific expertise in the design and conduct of international early phase oncology trials (Press release, Simbec-Orion, OCT 1, 2020, View Source [SID1234567953]).

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"As a full-service agile Oncology CRO, dedicated to high quality delivery, the partnership between the Oncodistinct Network and Simbec-Orion provides benefits to both sponsors and patients," says Fabrice Chartier CEO at Simbec-Orion.

The Oncodistinct network is committed to accelerating oncology drug development and innovative strategies in clinical and translational research.

"This partnership with Simbec-Orion aligns with our network’s principles and activities, and underscores our commitment to innovative clinical research" says Professor Ahmad Awada from Oncodistinct.

The benefits of this agreement will include:

Streamlining of process and communication between sites, Simbec-Orion and sponsors to drive efficiencies in the setup and delivery of trials including the reduction of administrative burden in confidentiality agreements, feasibility efforts and contract negotiation
Commitment to fast-track feasibility within five working days of receipt
Expert and strategic advice on study design, protocol review and development

CNS Pharmaceuticals Achieves Critical Manufacturing Milestone

On October 1, 2020 CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) ("CNS" or the "Company"), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers of the brain and central nervous system, reported that the Company’s GMP manufacturer partner NCK A/S, received a Certificate of Analysis (CoA) for its Active Pharma Ingredient (API), clearing it for use in the production of Berubicin (Press release, CNS Pharmaceuticals, OCT 1, 2020, View Source [SID1234567943]).

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As previously announced, CNS signed a contract with NCK A/S for the large-scale production of Berubicin, its lead drug candidate for the treatment of glioma brain tumors. NCK A/S is a GMP manufacturer of complex drugs located in Farum, Denmark, and the previous producer of Berubicin for Reata Pharmaceuticals. NCK A/S production of Berubicin should ensure drug availability through the end of Phase 2 clinical trials for glioblastoma.

"We believe the execution of this critical manufacturing milestone positions the company advantageously ahead of our expected U.S. Phase 2 trial," stated John Climaco, CEO of CNS Pharmaceuticals. "Our partnerships have proven instrumental in further progressing the manufacturing process necessary to continue the clinical development of our lead candidate. We look forward to continuing the work underway and to initiating our U.S. Phase 2 trial in Q1 of 2021."