Karyopharm to Report Third Quarter 2020 Financial Results on November 2, 2020

On October 26, 2020 Karyopharm Therapeutics Inc. (Nasdaq:KPTI), a commercial-stage pharmaceutical company pioneering novel cancer therapies, reported that it will report third quarter 2020 financial results on Monday, November 2, 2020 (Press release, Karyopharm, OCT 26, 2020, View Source [SID1234569080]). Karyopharm’s management team will host a conference call and audio webcast at 4:30 p.m. ET on Monday, November 2, 2020, to discuss the financial results and other company updates.

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To access the conference call, please dial (877) 870-4263 (local) or (412) 317-0790 (international) at least 10 minutes prior to the start time and ask to be joined into the Karyopharm Therapeutics call. A live audio webcast of the call will be available under "Events & Presentations" in the Investor section of the Company’s website, View Source An archived webcast will be available on the Company’s website approximately two hours after the event.

Elevation Oncology Announces the Presentation of Preclinical Data on the Specific Inhibition of HER3 with Seribantumab to Block NRG1 Fusion Signaling

On October 26, 2020 Elevation Oncology, a clinical stage biopharmaceutical company focused on the development of precision medicines for patients with genomically defined cancers, reported the presentation of preclinical data on the specific inhibition of NRG1 fusion signaling by seribantumab, a HER3 monoclonal antibody, at the 32nd EORTC-NCI-AACR (Free EORTC-NCI-AACR Whitepaper) Symposium on Molecular Targets and Cancer Therapeutics (Odintsov et al., 2020) (Press release, Elevation Oncology, OCT 26, 2020, View Source [SID1234569079]). The data support the scientific rationale for the Phase 2 CRESTONE study for patients with solid tumors of any origin that have an NRG1 gene fusion. The CRESTONE study is currently enrolling at sites across the US. Details on the CRESTONE study have recently been presented at both the AACR (Free AACR Whitepaper) Virtual Special Conference: Pancreatic Cancer (Bendell et al., 2020) and the North American Conference on Lung Cancer (Spigel et al., 2020).

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"The preclinical research on HER3 inhibition in disease models of cancers with NRG1 gene fusions is encouraging," said Igor Odintsov, MD, Research Fellow, Memorial Sloan Kettering Cancer Center (MSK) and lead author of the abstract, who performed this study with Romel Somwar, PhD, in The Marc Ladanyi Lab at MSK. "The data demonstrate that treatment with seribantumab results in decreased phosphorylation of not only HER3 but also its dimerization partners HER2, HER4, and EGFR, and downstream PI3K and MAPK signaling pathways, suggesting efficient inhibition across HER3 and the entire ERBB signaling pathway. Administration of seribantumab resulted in significant tumor shrinkage of tumors that contain an NRG1 gene fusion in in vivo models of lung and ovarian cancer with an approximately 50% and 90-100% tumor reduction, respectively. These results support the potential of HER3 inhibition as a therapeutic strategy in patients that have tumors harboring an NRG1 fusion."

Seribantumab’s primary mechanism of action in the NRG1 fusion model is through inhibition of ligand-dependent activation of HER3 (also known as ERBB3). Seribantumab also interferes with the dimerization of HER3 with other ERBB family members and blocks the phosphorylation of all ERBB family members and activation of the PI3K and MAPK downstream signaling pathways.

Seribantumab blocked phosphorylation of HER3, as well as EGFR, HER2, and HER4. Additionally, seribantumab inhibited the activation of downstream effectors including AKT, p70S6 kinase, pERK1/2 and induced pro-apoptotic proteins and activated caspase 3/7 in lung and breast cancer cell lines harboring NRG1 fusions. Additionally, in patient derived xenograft models of ovarian and lung cancer that express an NRG1 gene fusion, seribantumab reduced tumor volume following treatment at clinically relevant doses. This is in contrast to the pan-ERBB inhibitor afatinib, which had a limited effect on the inhibition of tumor growth in the same in vivo models when used at the clinically equivalent dose.

"Precise therapy development is needed to ensure that patients and their physicians have treatment options that make their genomic test results actionable," said Lori Kunkel, MD, Chair of the Elevation Oncology Scientific Advisory Board. "These data outline the scientific rationale for targeted inhibition of HER3 when an NRG1 gene fusion is detected. The specific inhibition of HER3 with the monoclonal antibody seribantumab results in significant tumor reduction and sustained disease control in models of cancers driven by an NRG1 gene fusion. These preclinical results are now being clinically evaluated in the Phase 2 CRESTONE study for patients with solid tumors harboring an NRG1 gene fusion."

CRESTONE is a Phase 2 tumor-agnostic trial of seribantumab in patients with any solid tumor that harbors an NRG1 fusion. CRESTONE is currently open and enrolling patients across the US. The primary objective of the study is to describe the Objective Response Rate (ORR) of seribantumab and key secondary endpoints are Duration of Response (DoR) and safety.

"Seribantumab demonstrates significant activity in preclinical models through the destabilization of HER3 and the entire ERBB signaling pathway," said Shawn Leland, PharmD, RPh, Founder and Chief Business Officer of Elevation Oncology. "In tumors with an NRG1 fusion, HER3 signaling activated by NRG1 fusion proteins is most often the unique oncogenic driver. It is critical for patients to have the appropriate genomic test to detect the presence of an NRG1 fusion and we have partnered with multiple diagnostic companies, major academic centers and community practices to expand access to the CRESTONE study. We believe that this collaborative approach offers the best opportunity to identify patients who may benefit from treatment with seribantumab and allows us to meet them where they are, especially during the time of COVID-19 where immunocompromised patients with cancer are reluctant to travel."

Diagnostic partnerships will enhance traditional patient enrollment in the CRESTONE study through real-time, nationwide identification of NRG1 fusion positive patients within the Ashion Analytics, Strata Oncology, Tempus, Caris Life Sciences, and US Oncology Research partner networks. Through the various partnership models, patients may also be enrolled in CRESTONE either through active referral to current strategic sites or "just-in-time" site initiation within the partner networks.

Patients and physicians can learn more about the CRESTONE study at www.nrg1fusion.com or on www.ClinicalTrials.gov under the NCT number NCT04383210.

Olema Oncology Announces Clinical Collaboration to Evaluate OP-1250 in Combination with Advanced Breast Cancer Therapies

On October 26, 2020 Olema Oncology, a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of targeted therapies for women’s cancers, reported a clinical collaboration agreement with Novartis to evaluate OP-1250, a complete estrogen receptor (ER) antagonist (CERAN) and a selective ER degrader (SERD), in combination with each of Kisqali (ribociclib) and Piqray (alpelisib) in patients with recurrent, locally advanced or metastatic estrogen receptor-positive (ER+), human epidermal growth factor receptor 2-negative (HER2-) breast cancer (Press release, Olema Pharmaceuticals, OCT 26, 2020, View Source [SID1234569078]).

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"This collaboration with Novartis represents an important step toward our goal of advancing the clinical development of OP-1250," said Sean P. Bohen, M.D., Ph.D., President and Chief Executive Officer of Olema Oncology. "We look forward to exploring the potential of OP-1250 in combination with either Kisqali or Piqray in breast cancer patients."

Under the terms of the non-exclusive collaboration, Olema is responsible for conducting the trial. Novartis will supply its trial drugs and contribute to funding.

Study in Nature Medicine Shows Superior Outcomes for Patients in The Leukemia & Lymphoma Society’s Paradigm-Shifting Beat AML Clinical Trial

On October 26, 2020 Patients participating in The Leukemia & Lymphoma Society’s (LLS) groundbreaking precision medicine Beat AML Master Clinical Trial had superior outcomes compared to acute myeloid leukemia (AML) patients who opted for standard chemotherapy treatment, reported in the prestigious Nature Medicine journal (Press release, The Leukemia & Lymphoma Society, OCT 26, 2020, View Source;lymphoma-societys-paradigm-shifting-beat-aml-clinical-trial-301158898.html [SID1234569077]).

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The Beat AML trial achieved its primary endpoint by showing genomic analysis of the leukemia cells to identify AML subtypes can be completed within an unprecedented seven days, giving patients, caregivers and their doctors ample time to make a more personalized treatment decision without risking the patient’s chance for survival.

In other key findings, the study demonstrated a paradigm shift in how patients diagnosed with AML should be treated, proving that using genetic information to match patients to targeted therapies leads to better survival rates than the traditional one-size-fits all treatment approach.

AML is an extremely fast-moving cancer of the marrow and blood, affecting 21,000 people in the U.S. a year, and killing 10,000. For decades patients have been given the same treatments almost immediately upon diagnosis because waiting allows the cancer cells to grow out of control. This standard of care involves either infusion of a combination of two chemotherapies, cytarabine and daunorubicin, or treatment with a so-called hypomethylating agent, a drug that unleashes signals allowing the cancer cells to die.

"The study shows that delaying treatment up to seven days is feasible and safe, and that patients who opted for the precision medicine approach experienced a lower early death rate and superior overall survival compared to patients who opted for standard of care," said John C. Byrd, MD, D. Warren Brown Chair of Leukemia Research of The Ohio State University, and one of the Beat AML leads and corresponding author of the study. "This patient-centric study shows that we can move away from chemotherapy treatment for patients who won’t respond or can’t withstand the harsh effects of the same chemotherapies we’ve been using for 40 years and match them with a treatment better suited for their individual case."

Going on the Offensive Against AML

Recognizing the urgent need to do better for AML patients, LLS launched this clinical trial in fall 2016 to test multiple novel targeted therapies at major cancer centers across the U.S., in newly diagnosed AML patients aged 60 and older. In a historic first for cancer clinical trials, LLS is the first non-profit health organization to sponsor a trial and hold the IND (Investigational New Drug) application from the U.S. Food and Drug Administration. Beat AML partnered with Foundation Medicine Inc. to employ next generation genomic sequencing to rapidly analyze the patients’ cancer cells, and identify the patients’ AML subtype so they can be given a targeted therapy within a safe timeframe.

"The breadth of this collaboration, with every clinician, cancer center, pharmaceutical partner and all of the many operations and technical support companies, all unified in working toward the common goal of building a new model for tackling this challenging disease, was truly inspiring," said Amy Burd, Ph.D., LLS vice president of research strategy, and first author on the paper.

Drs. Byrd and Burd were joined by Brian Druker, MD, Director, Knight Cancer Institute at Oregon Health & Science University, and Ross L. Levine, MD, Director of the Center for Hematologic Malignancies at Memorial Sloane Kettering Cancer Center, in leading a team of renowned academic researchers and other collaborators to plan, develop and launch Beat AML. To date, the trial, which is ongoing, has screened more than 1,000 patients at 16 cancer centers. The data presented in today’s Nature Medicine publication represents patient enrollment during a slice of time between November 17, 2016 and January 30, 2018.

Compelling Data Findings

Of 487 patients with suspected AML who agreed to participate during that timeframe, 395 were found eligible for the trial. Screening and analysis was successfully completed within the seven-day timeline for 374, or 94.7 percent, of those patients. Ultimately, 224 of those patients opted to participate on one of the 11 study arms that were active during that period. The patients who didn’t chose to join the study either opted for standard of care, palliative care, or an alternative clinical trial.

The median overall survival for patients in Beat AML was 12.8 months v. 3.9 months for patients opting for standard of care.

"The study is changing significantly the way we look at treating patients with AML, showing that precision medicine, giving the right treatment to the right patient at the right time, can improve short and long-term outcomes for patients with this deadly blood cancer," said Louis J. DeGennaro, Ph.D. president and CEO of LLS. "Further, Beat AML has proven to be a viable model for other cancer clinical trials to emulate."

Indeed, LLS recently launched its Beat COVID trial, leveraging rapidly the Beat AML infrastructure to quickly pivot to treat blood cancer patients who are infected with the COVID-19 virus. Studies show blood cancer patients are between 30-60% at risk of death if infected with the COVID-19 virus and Beat COVID is testing a drug called acalubrutinib (Calquence ), already approved to treat several types of blood cancers. The drug shows promise in addressing deadly symptoms of Covid-19, such as inflammation of lungs and other vital organs. The trial is open to patients diagnosed with all types of blood cancers.

LLS is also planning other precision medicine trials modeled after Beat AML, including LLS PedAL, a global precision medicine trial for children with relapsed acute leukemia, on track to launch in summer 2021, and Stop MDS, a master trial for patients with myelodysplastic syndromes, a blood cancer that frequently progresses to AML.

Triple-S Management Corporation Schedules Third Quarter 2020 Earnings Release and Conference Call

On October 26, 2020 Triple-S Management Corporation (NYSE: GTS) reported that it plans to release financial results for the third quarter ended September 30, 2020 before the market opens on Friday, November 6, 2020 (Press release, Triple-S Management, OCT 26, 2020, https://www.prnewswire.com/news-releases/triple-s-management-corporation-schedules-third-quarter-2020-earnings-release-and-conference-call-301159780.html [SID1234569076]). Roberto García-Rodríguez, President and Chief Executive Officer, and Juan José Román-Jiménez, EVP and Chief Financial Officer, will host a conference call to discuss these results at 8:30 a.m. Eastern Time.

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To participate on the call, please dial 1-877-300-8521 or 1-412-317-6026 at least 5 minutes before start time. The conference call will also be simulcast live on the Internet, and can be accessed by logging onto www.triplesmanagement.com.

A webcast replay of the call be available at www.triplesmanagement.com for one year following the call.