CytomX Therapeutics to Present at Upcoming Investor Conferences

On November 11, 2020 CytomX Therapeutics, Inc. (Nasdaq: CTMX), a clinical-stage oncology-focused biopharmaceutical company pioneering a novel class of investigational antibody therapeutics based on its Probody technology platform, reported that Sean McCarthy, D.Phil., president, chief executive officer, and chairman, will participate in the following virtual healthcare conferences in November (Press release, CytomX Therapeutics, NOV 11, 2020, View Source [SID1234570597]).

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Jefferies Virtual London Healthcare Conference
Date: Wednesday, November 18, 2020
Presentation Time: 10:15a.m. ET

32nd Annual Piper Sandler Virtual Healthcare Conference
Date: Monday, November 30, 2020
Presentation Time: November 23, 2020 at 10:00 a.m. ET. The fireside chat will be available for on-demand viewing before the conference.

Webcasts from both conferences will be available on the Events and Presentations page of CytomX’s website at www.cytomx.com. An archived replay will be available for 90 days following the events.

Five Prime Announces Proposed Public Offering of Common Stock

On November 11, 2020 Five Prime Therapeutics, Inc. (Nasdaq: FPRX), a clinical-stage biotechnology company focused on developing immune modulators and precision therapies for solid tumor cancers, reported that it plans to offer and sell, subject to market and other conditions, 5,000,000 shares of its common stock in an underwritten public offering (Press release, Five Prime Therapeutics, NOV 11, 2020, View Source [SID1234570596]). In connection with the offering, Five Prime intends to grant the underwriters in the offering a 30-day option to purchase up to an additional 750,000 shares of common stock offered in the public offering.

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Five Prime plans to use the net proceeds of the offering, together with other available funds, to fund ongoing clinical development of bemarituzumab and FPT155, to advance FPA157 through preclinical and into clinical development, to advance its late-stage research programs and for working capital and general corporate purposes.

Cowen and SVB Leerink are acting as joint book-running managers for the offering. Wedbush PacGrow is acting as co-manager for the offering.

The shares of common stock are being offered pursuant to a "shelf" registration statement previously filed with and declared effective by the Securities and Exchange Commission (SEC). A preliminary prospectus supplement and accompanying prospectus relating to the offering will be filed with the SEC and will be available on the website of the SEC at www.sec.gov. When available, copies of the preliminary prospectus supplement and accompanying prospectus relating to the offering may be obtained from: Cowen and Company, LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Attention: Prospectus Department, by telephone at (833) 297-2926 or by email at [email protected], or SVB Leerink LLC, Attention: Syndicate Department, One Federal Street, 37th Floor, Boston, MA 02110, by telephone at (800) 808-7525, ext. 6132 or by e-mail at [email protected].

This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities 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. Any offer, if at all, will be made only by means of a prospectus supplement and accompanying prospectus, which are a part of the effective registration statement.

MD Anderson researchers present immunotherapy advances at Society for Immunotherapy of Cancer Annual Meeting

On November 11, 2020 MD Anderson reported that Promising clinical results with combination treatments for patients with melanoma and lung cancer highlight immunotherapy advances being presented by researchers from The University of Texas MD Anderson Cancer Center at The Society for Immunotherapy of Cancer (SITC) (Free SITC Whitepaper) 35th Anniversary Annual Meeting & Pre-Conference Programs (SITC 2020) (Press release, MD Anderson, NOV 11, 2020, View Source [SID1234570595]).

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"The SITC (Free SITC Whitepaper) Annual Meeting provides us the opportunity to learn about and share groundbreaking new discoveries in tumor immunology and clinical advances for treating patients," said Giulio Draetta, M.D., Ph.D., chief scientific officer. "As we strive to expand the use of immunotherapy for more patients, we look forward to seeing these results presented at this year’s meeting."

Combination immunotherapy shows activity in metastatic melanoma (Abstract 420)

First-line treatment with a combination of nivolumab and interleukin-2 agonist bempegaldesleukin (BEMPEG) resulted in encouraging clinical activity for patients with metastatic melanoma in the Phase I/II PIVOT-02 trial. Results from the ongoing trial will be presented by Adi Diab, M.D., associate professor of Melanoma Medical Oncology.
Forty-one patients with previously untreated stage IV melanoma were enrolled on the trial, 38 of whom were able to be evaluated on the study. The treatment was well tolerated, as described in previous studies with this combination.

Twenty of the 38 efficacy evaluable patients (53%) had an overall response, or tumor shrinkage, and 13 (34%) had a complete response. Sixteen patients (80%) had ongoing responses and the median duration of response had not been reached at a follow-up of 29 months.

Median progression-free survival was 30.9 months, and median overall survival had not yet been reached.

"Despite the tremendous successes we have seen with immunotherapy in treating patients with advanced melanoma, current therapies are not effective for all patients. We have an unmet clinical need for new therapies that can provide prolonged benefit to more patients," said Diab. "We are encouraged by the safety profile and durable responses seen with this combination therapy, and we look forward to continued evaluation in Phase III studies, which are enrolling now."

Based on these results, the combination of BEMPEG and nivolumab was awarded Breakthrough Therapy designation by the U.S. Food and Drug Administration.

The study was supported by Nektar Therapeutics. A complete list of collaborating authors can be found within the abstract here.

Diab reports research support and consulting fees from both Nektar and Bristol Myers Squibb.

BEMPEG plus targeted therapy stimulates anti-tumor immune activation in advanced cancers (Abstract 368)

In the Phase I REVEAL trial for patients with advanced refractory solid tumors, combination treatment with BEMPEG and NKTR-262, a small-molecule agonist of Toll-like receptors (TLR) 7/8, led to activation of immune pathways associated with antitumor response. Results from the dose-escalation study will be presented by Diab.
NKTR-262 is designed to promote stimulation of an immune response in the tumor microenvironment, which can lead to antitumor activity when combined with BEMPEG in preclinical studies, explained Diab.

In 36 enrolled patients, the most frequent side effects were flu-like symptoms, fatigue, nausea and itching, all of which are consistent with the known safety profile of BEMPEG. One dose-limiting toxicity of elevated transaminase levels was observed at the highest dosage.

Two patients experienced partial responses, and seven patients had disease control (partial response or stable disease). Analysis of the immune response revealed increased activation of both T cells and natural killer (NK) cells in patients as well as of cytokines and interferon genes.

Based on these results, this combination will be evaluated in a Phase Ib dose-expansion with or without nivolumab for patients with advanced melanoma.

The study was supported by Nektar Therapeutics. A complete list of collaborating authors can be found within the abstract here.

Presurgical nivolumab and chemotherapy achieves high rates of tumor downstaging in patients with resectable lung cancer (Abstract 277)

Combining platinum-based doublet chemotherapy with nivolumab as a neoadjuvant, or presurgical, therapy for patients with stage I-IIIA non-small cell lung cancer (NSCLC) resulted in the highest rates of tumor downstaging at surgery, relative to other neoadjuvant regimens. Results of the study will be presented by Boris Sepesi, M.D., associate professor of Thoracic and Cardiovascular Surgery.
Patient cohorts on the study included 302 MD Anderson lung cancer patients treated with neoadjuvant platinum doublet chemotherapy and patients treated on the Phase II NEOSTAR study, led by Tina Cascone, M.D., Ph.D., assistant professor of Thoracic/Head & Neck Medical Oncology. NEOSTAR participants include 21 patients receiving nivolumab only, 16 patients receiving nivolumab plus ipilimumab and 22 patients receiving nivolumab with platinum doublet chemotherapy.
Among all cohorts, the combination of chemotherapy with nivolumab achieved the highest rates of clinical downstaging at 68%, compared to 38% in each additional cohort, a statistically significant difference.

"Maximizing the effectiveness of neoadjuvant therapy will help us to prevent relapse after surgery and improve outcomes for our patients," said Sepesi. "The robust clinical downstaging rates seen after platinum doublet chemotherapy in combination with nivolumab are encouraging in patients with operable non-small cell lung cancer, and we look forward to learning if there are survival benefits in long-term follow-up data."

This study was supported by Bristol Myers Squibb and MD Anderson’s Lung Cancer Moon Shot, part of the institution’s Moon Shots Program. A complete list of collaborating authors can be found within the abstract here.

Pfizer Invites Public to Listen to Webcast of Pfizer Discussion at Healthcare Conference

On November 11, 2020 Pfizer Inc. (NYSE: PFE) reported that investors and the general public to listen to a webcast of a discussion with Angela Hwang, Group President, Biopharmaceuticals Group, at the 2nd Annual Wolfe Research Healthcare Conference on Wednesday, November 18, 2020 at 9:50 a.m. EST (Press release, Pfizer, NOV 11, 2020, View Source [SID1234570591]).

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To listen to the webcast, visit our web site at www.pfizer.com/investors. Information on accessing and registering for the webcast will be available at www.pfizer.com/investors beginning today.

Visitors will be able to listen to an archived copy of the webcast at www.pfizer.com/investors.

Deciphera Presents Data from QINLOCK® (Ripretinib) Program at the Connective Tissue Oncology Society (CTOS) 2020 Virtual Annual Meeting

On November 11, 2020 Deciphera Pharmaceuticals, Inc. (NASDAQ:DCPH), reported data presentations from clinical studies of QINLOCK, the Company’s switch-control tyrosine kinase inhibitor approved in the U.S. for fourth-line gastrointestinal stromal tumor (GIST), to be presented at the CTOS 2020 Virtual Annual Meeting, being held November 18-21, 2020 (Press release, Deciphera Pharmaceuticals, NOV 11, 2020, View Source [SID1234570584]). Posters and presentations are available to meeting participants as of November 11, 2020. New data presented at the meeting included an oral presentation titled "Characterization of the extensive heterogeneity of KIT/PDGFRA mutations in patients with fourth-line advanced gastrointestinal stromal tumor: Genomic analysis of the phase 3 INVICTUS study" and a poster presentation titled "Ripretinib demonstrated activity across all KIT/PDGFRA mutations in patients with fourth-line advanced gastrointestinal stromal tumor: Analysis from the phase 3 INVICTUS study".

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"We’re pleased to share our findings from the largest dataset of tumor and plasma sequencing in the fourth-line and fourth-line plus setting in GIST, which highlight the broad spectrum of mutations that drive this disease," said Matthew L. Sherman, MD, Executive Vice President and Chief Medical Officer of Deciphera. "Data being presented at CTOS also provide further evidence that QINLOCK inhibits a broad spectrum of relevant mutations in patients with advanced GIST who have received prior treatment with 3 or more kinase inhibitors, including imatinib."

Characterization of the extensive heterogeneity of KIT/PDGFRA mutations in patients with fourth-line advanced gastrointestinal stromal tumor: Genomic analysis of the phase 3 INVICTUS study

The INVICTUS Phase 3 clinical study is a randomized (2:1), double-blind, placebo-controlled, international, multicenter study to evaluate the safety, tolerability, and efficacy of QINLOCK compared to placebo in patients with advanced GIST whose previous therapies have included at least imatinib, sunitinib, and regorafenib. Baseline tumor and plasma samples were collected to investigate the genomic heterogeneity of resistance in the INVICTUS study.

This is the first and largest baseline genomic analysis by tumor and liquid biopsy in fourth-line patients with GIST that failed prior treatment with at least imatinib, sunitinib, and regorafenib.
In patients with fourth-line and fourth-line plus GIST, data demonstrated a complex and heterogenous mutational landscape.
The most frequent primary mutations found were in KIT exon 11 and KIT exon 9.
By tumor biopsy, secondary mutations were more diverse in KIT exons 17/18 (15 unique mutations) compared to KIT exons 13/14 (5 unique mutations).
More mutations were detected by liquid biopsy compared with tumor biopsy, increasing the detection rate of secondary mutations from 15 to 26 unique mutations (73% increase) in KIT exons 17/18 and from 5 to 12 unique mutations (140% increase) in KIT exons 13/14.
The heterogeneity of the KIT mutations highlight the need for therapies that are effective against a broad spectrum of mutations.
Ripretinib demonstrated activity across all KIT/PDGFRA mutations in patients with fourth-line advanced gastrointestinal stromal tumor: Analysis from the phase 3 INVICTUS study

Results from an exploratory analysis from the Phase 3 INVICTUS study showed that QINLOCK demonstrated clinically meaningful activity in patients with a broad spectrum of KIT and PDGFRA mutations. The data cutoff for this analysis was March 9, 2020.

In INVICTUS, QINLOCK demonstrated clinically meaningful activity in patients with fourth-line and fourth-line plus GIST (n=129) with multiple, heterogeneous genetic subsets of KIT/PDGFRA mutations. QINLOCK showed a median progression free survival (PFS) benefit of 6.3 months versus placebo of 1 month in all patients (hazard ratio = 0.16). Hazard ratios (HRs) of PFS by KIT mutation subgroup by combined tumor and liquid biopsy are below:

Mutation subgroup

QINLOCK 150 mg QD (N)

Placebo (N)

Hazard ratio (95% CI)

Any KIT exon 11a

52

34

0.13 (0.07, 0.24)

Any KIT exon 9a

16

7

0.22 (0.08, 0.63)

Any KIT exon 13

27

16

0.17 (0.08, 0.38)

Any KIT exon 17

44

27

0.14 (0.07, 0.28)

aOne patient had both KIT exon 11 and KIT exon 9 mutations detected in liquid biopsy. N, number of patients.

The HRs of PFS within different mutation subgroups all favored treatment with QINLOCK, which is in line with the primary outcome of the INVICTUS study. These results support the proposed broad mechanism of action of QINLOCK with its specific receptor binding properties.

The Company also announced two encore presentations highlighting data from the QINLOCK program, one oral presentation and one poster presentation, which will be featured at the CTOS 2020 Virtual Annual Meeting. The oral presentation will focus on results from the ongoing Phase 1 study of QINLOCK in patients with second-line through fourth-line plus GIST. The results demonstrate that patients receiving QINLOCK who, upon disease progression, dose escalated to QINLOCK 150 mg twice daily experienced additional, clinically meaningful, PFS benefit across all lines of therapy. The poster presentation will feature the nine-month follow-up data from the Phase 3 INVICTUS study in patients with fourth-line and fourth-line plus GIST.

About QINLOCK (ripretinib)

QINLOCK is a switch-control tyrosine kinase inhibitor that was engineered to broadly inhibit KIT and PDGFRA mutated kinases by using a dual mechanism of action that regulates the kinase switch pocket and activation loop. QINLOCK inhibits primary and secondary KIT mutations in exons 9, 11, 13, 14, 17, and 18 involved in GIST, as well as the primary exon 17 D816V mutation. QINLOCK also inhibits primary PDGFRA mutations in exons 12, 14, and 18, including the exon 18 D842V mutation, involved in a subset of GIST.

QINLOCK is approved by the U.S. FDA for the treatment of adult patients with advanced GIST who have received prior treatment with three or more kinase inhibitors, including imatinib. It is also approved by Health Canada for the treatment of adult patients with advanced GIST who have received prior treatment with imatinib, sunitinib, and regorafenib and by the Australian Therapeutic Goods Administration for the treatment of adult patients with advanced GIST who have received prior treatment with three or more kinase inhibitors, including imatinib.

U.S. Indication and Important Safety Information About QINLOCK

Indications and Usage

QINLOCK (ripretinib) is a kinase inhibitor indicated for the treatment of adult patients with advanced gastrointestinal stromal tumor (GIST) who have received prior treatment with 3 or more kinase inhibitors, including imatinib. For more information visit QINLOCK.com.

Important Safety Information

There are no contraindications for QINLOCK.

Palmar-plantar erythrodysesthesia syndrome (PPES): In INVICTUS, Grade 1-2 PPES occurred in 21% of the 85 patients who received QINLOCK. PPES led to dose discontinuation in 1.2% of patients, dose interruption in 2.4% of patients, and dose reduction in 1.2% of patients. Based on severity, withhold QINLOCK and then resume at same or reduced dose.

New Primary Cutaneous Malignancies: In INVICTUS, cutaneous squamous cell carcinoma (cuSCC) occurred in 4.7% of the 85 patients who received QINLOCK with a median time to event of 4.6 months (range 3.8 to 6 months). In the pooled safety population, cuSCC and keratoacanthoma occurred in 7% and 1.9% of 351 patients, respectively. In INVICTUS, melanoma occurred in 2.4% of the 85 patients who received QINLOCK. In the pooled safety population, melanoma occurred in 0.9% of 351 patients. Perform dermatologic evaluations when initiating QINLOCK and routinely during treatment. Manage suspicious skin lesions with excision and dermatopathologic evaluation. Continue QINLOCK at the same dose.

Hypertension: In INVICTUS, Grade 1-3 hypertension occurred in 14% of the 85 patients who received QINLOCK, including Grade 3 hypertension in 7% of patients. Do not initiate QINLOCK in patients with uncontrolled hypertension. Monitor blood pressure as clinically indicated. Based on severity, withhold QINLOCK and then resume at same or reduced dose or permanently discontinue.

Cardiac Dysfunction: In INVICTUS, cardiac failure occurred in 1.2% of the 85 patients who received QINLOCK. In the pooled safety population, cardiac dysfunction (including cardiac failure, acute left ventricular failure, diastolic dysfunction, and ventricular hypertrophy) occurred in 1.7% of 351 patients, including Grade 3 adverse reactions in 1.1% of patients.

In INVICTUS, Grade 3 decreased ejection fraction occurred in 2.6% of the 77 patients who received QINLOCK and who had a baseline and at least one post-baseline echocardiogram. Grade 3 decreased ejection fraction occurred in 3.4% of the 263 patients in the pooled safety population who received QINLOCK and who had a baseline and at least one post-baseline echocardiogram.

In INVICTUS, cardiac dysfunction led to dose discontinuation in 1.2% of the 85 patients who received QINLOCK. The safety of QINLOCK has not been assessed in patients with a baseline ejection fraction below 50%. Assess ejection fraction by echocardiogram or MUGA scan prior to initiating QINLOCK and during treatment, as clinically indicated. Permanently discontinue QINLOCK for Grade 3 or 4 left ventricular systolic dysfunction.

Risk of Impaired Wound Healing: QINLOCK has the potential to adversely affect wound healing. Withhold QINLOCK for at least 1 week prior to elective surgery. Do not administer for at least 2 weeks following major surgery and until adequate wound healing. The safety of resumption of QINLOCK after resolution of wound healing complications has not been established.

Embryo-Fetal Toxicity: QINLOCK can cause fetal harm when administered to a pregnant woman. Advise pregnant women of the potential risk to a fetus. Advise females of reproductive potential and males with female partners of reproductive potential to use effective contraception during treatment and for at least 1 week after the final dose. Because of the potential for serious adverse reactions in the breastfed child, advise women not to breastfeed during treatment and for at least 1 week after the final dose. QINLOCK may impair fertility in males of reproductive potential.

Adverse Reactions: The most common adverse reactions (greater-than or equal to 20%) were alopecia, fatigue, nausea, abdominal pain, constipation, myalgia, diarrhea, decreased appetite, PPES, and vomiting. The most common Grade 3 or 4 laboratory abnormalities (greater-than or equal to 4%) were increased lipase and decreased phosphate.

The safety and effectiveness of QINLOCK in pediatric patients have not been established.

Administer strong CYP3A inhibitors with caution. Monitor patients who are administered strong CYP3A inhibitors more frequently for adverse reactions. Avoid concomitant use with strong CYP3A inducers.

Please click here to see the full U.S. Prescribing Information for QINLOCK.

About the INVICTUS Phase 3 Study

INVICTUS is a Phase 3 randomized, double-blind, placebo-controlled, international, multicenter clinical study evaluating the safety, tolerability, and efficacy of QINLOCK compared to placebo in patients with advanced GIST whose previous therapies have included imatinib, sunitinib, and regorafenib. Patients were randomized 2:1 to either 150 mg of QINLOCK or placebo once daily. The primary efficacy endpoint was progression-free survival (PFS) as determined by independent radiologic review using modified Response Evaluation Criteria in Solid Tumors (RECIST). The median PFS in the study was 6.3 months compared to 1.0 month in the placebo arm and significantly reduced the risk of disease progression or death by 85% (hazard ratio of 0.15, p<0.0001). Secondary endpoints as determined by independent radiologic review using modified RECIST include Objective Response Rate (ORR) and Overall Survival (OS). QINLOCK demonstrated an ORR of 9.4% compared with 0% for placebo (p =0.0504). QINLOCK also demonstrated a median OS of 15.1 months compared to 6.6 months in the placebo arm and reduced the risk of death by 64% (hazard ratio of 0.36).

About GIST

Gastrointestinal stromal tumor (GIST) is a cancer affecting the digestive tract or nearby structures within the abdomen, most often presenting in the stomach or small intestine. GIST is the most common sarcoma of the gastrointestinal tract, with approximately 4,000 to 6,000 new GIST cases each year in the United States and a similar incidence rate in European and other countries. Most cases of GIST are driven by a spectrum of mutations. The most common primary mutations are in KIT kinase, representing approximately 80% of cases, or in PDGFRA kinase, representing approximately 6% of cases. Current therapies are unable to inhibit the full spectrum of primary and secondary mutations, which drives resistance and disease progression. Estimates for 5-year survival range from 48% to 90%, depending on the stage of the disease at diagnosis. (Press release, Deciphera Pharmaceuticals, NOV 11, 2020, View Source [SID1234570584])