Veracyte Announces Publication of Manuscript Describing Scientific Rigor Behind Next-Generation Percepta Genomic Sequencing Classifier

On October 22, 2020 Veracyte, Inc. (Nasdaq: VCYT) reported the publication of a manuscript detailing the development of the company’s next-generation Percepta Genomic Sequencing Classifier (GSC), which is used to improve lung cancer diagnosis among patients with suspicious lung nodules and inconclusive bronchoscopy results (Press release, Veracyte, OCT 22, 2020, View Source [SID1234568830]). The paper, published online in BMC Medical Genomics, details the advanced technology used by Veracyte scientists to generate a robust genomic classifier that demonstrates diagnostic accuracy in both down- and up-classification of cancer risk, providing physicians with actionable information for many patients with inconclusive bronchoscopies.

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"Bronchoscopy is commonly used to evaluate potentially cancerous lung nodules, but it often delivers inconclusive results. This frequently leads to additional diagnostic procedures, including invasive lung surgeries," said Giulia C. Kennedy, Ph.D., chief scientific officer and chief medical officer for Veracyte. "We used advanced RNA sequencing and novel machine learning technology to overcome numerous, potential confounding factors and develop a robust genomic test that improves diagnostic accuracy in lung cancer. Providing physicians with this level of actionable genomic information can reduce the number of potentially dangerous lung surgeries and help guide next intervention steps for patients."

The Percepta GSC is based on novel "field of injury" science, which identifies genomic changes that correlate with lung cancer risk in current or former smokers using a brushing to collect cells from the patient’s main lung airway during a standard bronchoscopy, without the need to sample the lesion directly. Veracyte scientists developed the test using RNA whole-transcriptome sequencing and machine learning on more than 1,600 patient samples from three different cohorts. The samples are from both current and former smokers who underwent bronchoscopy for suspected lung cancer. The Percepta GSC has been commercially available since June 2019.

The BMC Medical Genomics paper describes how Veracyte scientists developed the Percepta GSC, mitigating multiple technical and analytical factors that could impact the classifier’s performance, including demographic differences between patient cohorts, smoking status, inhaled medication use and the timing of sample collection. To account for these individual genomic and clinical features, Veracyte scientists integrated multiple classifiers, as well as a novel genomic index designed to capture the differences between current and former smokers and smoking history.

Prospective clinical validation research shows that this ensemble classification approach stabilizes the Percepta GSC’s performance across patients with different clinical and genomic characteristics from multiple clinical cohorts, as well as samples from multiple RNA sequencing batches. The test classified a subset of patients with "intermediate" or "low" pre-test risk of cancer to "low" or "very low" with a high negative predictive value, potentially avoiding the need for additional invasive diagnostic procedures for these patients. The test also classified a subset of "intermediate" and "high" pre-test risk patients to "high" or "very high" risk with a high positive predictive value, which may accelerate the time to diagnosis and treatment decision.

"By utilizing cutting-edge genomic technologies and insisting on scientific rigor from development through validation, we’ve generated a diagnostic classifier that overcomes the many challenges of lung cancer diagnosis without the need for invasive surgery," said Bonnie Anderson, Veracyte’s chairman and chief executive officer.

Lung cancer is the leading cause of cancer deaths, and is expected to kill approximately 136,000 Americans in 2020 – more than the next three leading cancers combined. Lung nodules are typically the first sign of lung cancer, however, determining which lung nodules are cancerous and which are benign is often challenging, leading to unnecessary invasive procedures or delayed treatment.

Dynavax to Report Third Quarter 2020 Financial Results and Host Conference Call on November 5, 2020

On October 22, 2020 Dynavax Technologies Corporation (Nasdaq: DVAX), a biopharmaceutical company focused on developing and commercializing novel vaccines, reported that it will report third quarter 2020 financial results on Thursday, November 5, 2020, after the U.S. financial markets close (Press release, Dynavax Technologies, OCT 22, 2020, View Source [SID1234568829]).

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Dynavax will host a conference call and live audio webcast on Thursday, November 5, 2020 at 4:30 p.m. (ET)/1:30 p.m. (PT).

The live audio webcast may be accessed through the "Events & Presentations" page on the "Investors" section of the Company’s website at www.dynavax.com. Alternatively, participants may dial (866) 420-4066 (domestic) or (409) 217-8237 (international) and refer to conference ID 1475431. A replay of the webcast will be available for 30 days following the live event

GO2 Foundation for Lung Cancer “Simply the Best” XV Virtual Gala Honors Those Working on the Front Lines to Fight Lung Cancer

On October 22, 2020 GO2 Foundation for Lung Cancer reported it will celebrate Genentech with the "Simply the Best Award" at its XV Virtual Annual Simply the Best Gala on November 14, 2020 at 6:30 pm PT (Press release, Bonnie J Addario Lung Cancer Foundation, OCT 22, 2020, View Source [SID1234568828]). Genentech will be honored for its continued dedication to research and development of new lung cancer treatments.

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"Lung cancer is a major area of focus and investment for Genentech, and we are committed to developing new approaches, medicines and tests that can help people with this deadly disease," said Alan Sandler, Global Head of Product Development Oncology. "We are honored to be recognized by the GO2 Foundation for Lung Cancer as we work toward more effective treatment options for every person diagnosed with lung cancer."

Genentech currently has five approved medicines to treat certain kinds of lung cancer and more than 10 medicines being developed to target the most common genetic drivers of lung cancer or to boost the immune system to combat the disease.

As the understanding and treatment of lung cancer continues to advance, so do the number of people diagnosed with the disease. Each year, nearly 225,000 Americans receive a lung cancer diagnosis and more than 160,000 will die of the disease. Eighty percent of those recently diagnosed never smoked, or quit more than a decade ago.

"While significant challenges of lung cancer remain, thanks to the many pioneers in research, discovery and treatment, like Genentech and our other awardees, we are moving closer each day to making lung cancer a manageable chronic disease," said Bonnie J. Addario, 15-year lung cancer survivor, co-founder and chair of GO2 Foundation.

Due to distancing protocols during the pandemic, the Simply the Best Gala, GO2’s largest annual fundraising event, will be held virtually this year.

"While we never imagined we wouldn’t all be together in person for our 15th Annual Simply the Best Gala, we look forward to joining together virtually to celebrate the groundbreaking achievements of the cancer researchers and treatment developers who support our efforts to advance lung cancer research and patient care," said Laurie Fenton Ambrose, co-founder of the GO2 Foundation for Lung Cancer.

Perrigo Announces Quarterly Dividend

On October 22, 2020 Perrigo Company plc (NYSE; TASE: PRGO), a leading global provider of Quality, Affordable Self-Care Products, reported that its Board of Directors declared a quarterly dividend of $0.225 per share, payable on December 15, 2020 to shareholders of record on November 27, 2020 (Press release, Perrigo Company, OCT 22, 2020, View Source [SID1234568827]).

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Alector to Highlight Early-Stage Cancer Programs at Upcoming Scientific Forums

On October 22, 2020 Alector, Inc. (Nasdaq: ALEC), a clinical-stage biotechnology company pioneering immuno-neurology, reported that members of the Company’s immuno-oncology team will provide an overview of the company’s early-stage immuno-oncology research, specifically the AL008 development program, at two upcoming virtual scientific meetings (Press release, Alector, OCT 22, 2020, View Source [SID1234568825]).

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AL008 is a novel, investigational, antibody product candidate targeting the CD47-SIRP-alpha (SIRPα) pathway, a potent survival pathway co-opted by tumors to evade the innate immune system. AL008 is a potential best-in-class SIRPα inhibitor with a unique dual mechanism of action that non‑competitively antagonizes the CD47- SIRPα pathway by inducing the internalization and degradation of the inhibitory receptor on macrophages to relieve immune suppression (a "don’t eat me signal") while also engaging and activating Fcγ gamma receptor (FcγgammaR) to promote immuno-stimulatory pathways that drive anti-tumor immunity.

The virtual scientific meetings include the:

Macrophage-Directed Therapies Summit
Date and Time: Wednesday, October 28, 2020 at 10:30 a.m. EST
Presentation: A Novel Approach to Targeting the SIRPα Checkpoint Pathway and FcγgammaR Signaling
Presenter: Spencer Liang, Ph.D., senior director and head of immuno-oncology
CD47|SIRPα Summit
Date and Time: Wednesday, November 4, 2020 at 4:30 p.m. EST
Panel: What are the Predictive Biomarkers Arising When Targeting CD47|SIRPα Pathways?
Presenter: Spencer Liang, Ph.D., senior director and head of immuno-oncology

Date and Time: Thursday, November 5, 2020 at 11:35 a.m. EST
Presentation: An Insight into Alector’s Novel Approach to Drive Anti-Tumor Immunity Targeting CD47|SIRPα Pathways
Presenter: Andrew Picentic, Ph.D., senior staff scientist and group leader

Date and Time: Thursday, November 5, 2020 at 11:35 a.m. EST
Panel: How Can We Manage Toxicity and Improve Clinical Practice in Targeting CD47|SIRPα Pathways?
Presenter: Daniel Maslyar, M.D., vice president of clinical development, oncology
"We are pleased to be highlighting the progress of our early-stage immuno-oncology programs at two notable research forums," said Arnon Rosenthal, Ph.D., co-founder and chief executive officer of Alector. "Despite the tremendous progress that has been made in the treatment landscape for cancer in the last 20 years, the need for additional, effective treatment options remains. Alector is leveraging its knowledge of the innate immune system, with the goal of developing novel, first-in-class therapies for patients who need new treatments."