Prof. Borje S. Andersson appointed Chief Medical Officer

On October 2, 2020 Race Oncology Limited reported that Professor Borje S. Andersson has agreed to join Race as Chief Medical Officer and Executive Director (Press release, Race Oncology, OCT 2, 2020, View Source [SID1234568216]). Under this role, Prof. Andersson will be responsible for progressing Race’s clinical development plans for Bisantrene. He will continue to Chair Race’s Clinical Advisory Board and provide ongoing clinical guidance, leadership and counsel to the Race Oncology Board.

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Prof. Andersson was initially engaged as a scientific and clinical consultant to Race in January 2019, before becoming Chair of RAC’s Clinical Advisory Board on 5 December 2019. He joined the Race Board as a Non-Executive Director in January 2020.

Prof. Andersson is a world-recognised research leader in the field of leukaemia and stem cell transplantation at the MD Anderson Cancer Center in Houston, Texas. He is the inventor of IV Busulfan, an FDA-approved drug used in stem cell transplantation. Busulfan was approved in 1999 and has drastically improved survival for patients with leukemias, malignant lymphomas and genetic disorders amenable to stem cell transplantation, helping to reduce the death rate in the first 100 days after transplant from 30-40% to less than 3%.

Chairman, Dr John Cullity commented, "We are very fortunate to have secured this commitment from Borje to join Race as our Chief Medical Officer. The expertise Borje brings in understanding the patient experience and clinical approaches towards drug utilisation will be invaluable to how we structure our clinical development plans for Bisantrene. He continues to make his substantial international network of experts available and we have already significantly benefited from this. I am delighted to welcome Borje to this new role."

Phil Lynch, CEO and Managing Director said, "It is a privilege to have Borje’s guidance and leadership available to us at the Executive team level. As we move forward with our Bisantrene clinical strategy and our clinical workload increases, his CMO appointment provides us with additional expert resource to progress our clinical plans toward commercial outcomes."

Professor Andersson commented, "My experience with Race through the Clinical Advisory Board and Board roles has motivated me to seek broader engagement, and to more directly support the team to progress and optimise our strategic plans. I’m very excited to assume this new and expanded role that the Board has offered me."

Preclinical oncology biotech Foghorn Therapeutics files for a $100 million IPO

On October 2, 2020 Foghorn Therapeutics, a preclinical biotech developing gene therapies for hematologic cancers and solid tumors, reported that it filed on Friday with the SEC to raise up to $100 million in an initial public offering (Press release, Foghorn Therapeutics, OCT 2, 2020, View Source [SID1234568140]).

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Foghorn is developing a new class of medicines targeting genetically determined dependencies within the chromatin regulatory system through its proprietary Gene Traffic Control platform. The company’s two most advanced candidates are FHD-286, a selective allosteric ATPase inhibitor, and FHD-609, a protein degrader. The candidates are being developed for hematologic cancers and solid tumors, and the company plans to file INDs for FHD-286 and FHD-609 in the 4Q20 and 1H21, respectively.

The Cambridge, MA-based company was founded in 2015 and plans to list on the Nasdaq under the symbol FHTX. Goldman Sachs, Morgan Stanley, Cowen and Wedbush PacGrow are joint bookrunners on the deal. No pricing terms were disclosed.

The article Preclinical oncology biotech Foghorn Therapeutics files for a $100 million IPO originally appeared on IPO investment manager Renaissance Capital’s web site renaissancecapital.com.

Investment Disclosure: The information and opinions expressed herein were prepared by Renaissance Capital’s research analysts and do not constitute an offer to buy or sell any security. Renaissance Capital’s Renaissance IPO ETF (symbol: IPO), Renaissance International ETF (symbol: IPOS), or separately managed institutional accounts may have investments in securities of companies mentioned.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Cancer Immunotherapy ‘Uniquely Suppressed’ by Liver Tumors

On October 2, 2020 University of California San Francisco reported that Though cancer immunotherapy has become a promising standard-of-care treatment – and in some cases, perhaps a cure – for a wide variety of different cancers, it doesn’t work for everyone, and researchers have increasingly turned their attention to understanding why (Press release, University of California San Francisco, OCT 2, 2020, View Source [SID1234568068]).

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For example, doctors have noticed that patients who initially respond well to the immunotherapy drugs known as checkpoint inhibitors, such as those that target a protein called PD-1, can develop resistance to these therapies if their cancer has metastasized from its initial location to form additional tumors in the liver – even if their primary cancer is quite distant from the liver.

In a new study published Oct. 2 in Science Immunology, a UC San Francisco research team led by Hematology and Oncology Clinical Fellow James Lee, MD, MHS, used a unique mouse model to figure out how this happens.

Then, the researchers, including senior author Jeffrey Bluestone, PhD, adjunct professor of microbiology and immunology and the A.W. and Mary Margaret Clausen Distinguished Professor of Metabolism and Endocrinology, showed that adding a second type of checkpoint inhibitor in a combination therapy can overcome this resistance, and might significantly increase the effectiveness of immunotherapy in patients with liver metastases.

"The liver actually triggers differences in immune cells at distant sites," Lee said. And what’s more, he added, "the liver can choose its enemy – what it wants to protect or not protect."

Cancers are sometimes able to avoid detection within the body by cloaking themselves from the immune system. They can produce large quantities of proteins like PD-L1, which "switch off" cells called regulatory T cells (Tregs; pronounced "tee-regs"), in turn tamping down the immune response of other T cells that attack cancer. Some checkpoint inhibitors counteract this cloaking process by preventing PD-L1 from binding to the PD-1 off-switches on T cells, allowing a normal defensive immune response against cancer cells.

The liver, which is tasked with filtering large quantities of blood directly from the digestive system and the rest of the body, plays an unexpectedly large role in regulating the immune system – specifically, by signaling which of the scavenged proteins it encounters as it does its job are from hostile invaders and which should be ignored.

In work supported by the Parker Institute for Cancer Immunotherapy, the scientists simulated metastasis by implanting mice with cancer cells in two separate locations, first under the skin and in then either the liver or the lung. They found evidence that when cancer takes hold in the liver it is "uniquely suppressive," said Lee – able to harness the liver’s powers to retrain the immune system and exert its influence on the immune response to related cancers that are distant in the body.

Compared to mice with secondary cancers implanted in the lung, survival rates were significantly worse in mice with secondary liver cancers after anti-PD-1 treatment: the immune system did not learn to recognize the liver tumor or, notably, the related tumor implanted under the skin.

That level of immune-system discernment clued the team in on a possible mechanism, because "only a few types of cells can be that specific in regulating the immune system," Lee said, including Tregs. Bluestone has spent decades studying these cells, and that’s where the researchers looked for an explanation. Could a liver tumor change the response of Tregs, and thus other T cells, to a separate, but related, tumor?

Using single-cell analyses, the team showed that, in mice with liver tumors, T cells associated with the related "primary" tumor were not as highly activated. Finally, the researchers showed that liver tumors change which genes are expressed in Tregs and, through those cells, a host of other immune-system cells as well. "It turned out that there wasn’t a difference in the quantity of Tregs between the skin tumors of mice with liver cancers and the mice without liver cancers. It was a difference in quality," Lee said.

Since liver tumors caused Tregs to suppress the T cell response against tumors, the researchers tested two drugs to see if they could override the effect of the Tregs. The first was a drug that blocks the T cell checkpoint inhibitor CTLA-4, which unleashes these cells to attack cancer; in the 1990s, Bluestone did pioneering research on CTLA-4 that helped lay the foundations for cancer immunotherapy. The second drug, another anti-CTLA-4 compound, targets Tregs directly and depletes their numbers. Both restored the effectiveness of anti-PD-1 therapy, though the anti-CTLA-4 drug that depletes Tregs was more effective.

The researchers hope to apply this combination therapy in the future to patients whom they know ahead of time are less likely to respond to treatment.

"We’ve never had this kind of precision in immunotherapy in the past," Lee said. "What if, right from the start, you could use a drug that depletes Tregs as a complement to immunotherapy in patients with liver metastasis?"

Authors: Joining Lee and Bluestone, all from UCSF, were Sadaf Mehdizadeh, Jennifer Smith, PhD, Arabella Young, PhD, Ilgiz A. Mufazalov, PhD, Cody Mowery, and Adil Daud, MD.

Funding: In addition to the Parker Institute, support for this research came from an A.P. Giannini Postdoctoral Research Fellowship Award to Lee, and from the National Institutes for Health/NIAID (T32 5T32AI007334-28).

The University of California, San Francisco (UCSF) is exclusively focused on the health sciences and is dedicated to promoting health worldwide through advanced biomedical research, graduate-level education in the life sciences and health professions, and excellence in patient care. UCSF Health, which serves as UCSF’s primary academic medical center, includes top-ranked specialty hospitals and other clinical programs, and has affiliations throughout the Bay Area.

BrainStorm Cell Therapeutics to Announce Third Quarter Financial Results and Provide a Corporate Update

On October 2, 2020 BrainStorm-Cell Therapeutics Inc. (NASDAQ: BCLI), a leader in developing innovative autologous cellular therapies for highly debilitating neurodegenerative diseases, reported that the Company will hold a conference call to update shareholders on financial results for the third quarter ended September 30, 2020, and provide a corporate update, at 8:00 a.m., Eastern Daylight Time (EDT), on October 15, 2020 (Press release, BrainStorm Cell Therapeutics, OCT 2, 2020, View Source [SID1234568000]).

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BrainStorm’s CEO, Chaim Lebovits, will present a corporate update, after which, participant questions will be answered. Joining Mr. Lebovits to answer investment community questions will be Ralph Kern, MD, MHSc, President and Chief Medical Officer, David Setboun, PharmD, MBA, Executive Vice President and Chief Operating Officer, and Preetam Shah, PhD, MBA, Executive Vice President and Chief Financial Officer.

Participants are encouraged to submit their questions prior to the call by sending them to: [email protected]. Questions should be submitted by 5:00 p.m. EDT, Tuesday, October 13, 2020.

Teleconference Details – BRAINSTORM CELL THERAPEUTICS 3Q 2020

The investment community may participate in the conference call by dialing the following numbers:

Those interested in listening to the conference call live via the internet may do so by visiting the "Investors & Media" page of BrainStorm’s website at www.ir.brainstorm-cell.com and clicking on the conference call link.

Event Link: Webcast URL: https://bit.ly/30pVpNG
Webcast Replay Expiration: Friday, October 15, 2021

Those that wish to listen to the replay of the conference call can do so by dialing the numbers below. The replay will be available for 14 days.

About NurOwn

NurOwn (autologous MSC-NTF) cells represent a promising investigational therapeutic approach to targeting disease pathways important in neurodegenerative disorders. MSC-NTF cells are produced from autologous, bone marrow-derived mesenchymal stem cells (MSCs) that have been expanded and differentiated ex vivo. MSCs are converted into MSC-NTF cells by growing them under patented conditions that induce the cells to secrete high levels of neurotrophic factors (NTFs). Autologous MSC-NTF cells can effectively deliver multiple NTFs and immunomodulatory cytokines directly to the site of damage to elicit a desired biological effect and ultimately slow or stabilize disease progression. BrainStorm has fully enrolled a Phase 3 pivotal trial of autologous MSC-NTF cells for the treatment of amyotrophic lateral sclerosis (ALS). BrainStorm also recently received acceptance from the U.S. Food and Drug Administration (FDA) to initiate a Phase 2 open-label multicenter trial in progressive multiple sclerosis (MS) and initiated enrollment in March 2019.

CASI Pharmaceuticals Announces Poster Presentation At The 2020 AABB Virtual Annual Meeting

On October 2, 2020 CASI Pharmaceuticals, Inc. (Nasdaq: CASI), a U.S. biopharmaceutical company focused on developing and commercializing innovative therapeutics and pharmaceutical products, reported that research conducted at the New York Blood Center investigating the impact of CID-103 on RBC pretransfusion test methods, will be presented at the American Association of Blood Banks (AABB) Virtual Annual Meeting being held October 3-5, 2020 (Press release, CASI Pharmaceuticals, OCT 2, 2020, View Source [SID1234567997]).

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Session: Plenary Oral Abstract Session
Title: CID-103, an Anti-CD38 Monoclonal Antibody Demonstrates Decreased RBC Binding and Decreased Interference with Pretransfusion Test Methods
Poster Number: P-IG-9
Date/Time: Sunday, Oct. 4 from 1:15-2:15pm ET

About CID-103 (Anti-CD38 Mab)

CID-103 is a fully human IgG1 anti-CD38 monoclonal antibody recognizing a unique epitope. Preclinical data demonstrate CID-103 to have enhanced activity against a broad array of malignancies which express CD38, and potentially better preclinical efficacy and safety profile when compared to other CD38 monoclonal antibodies. CASI has exclusive global rights to CID-103 and expects to initiate Phase 1 trials in early 2021.