TILT Biotherapeutics Announces Two Patients Pass Primary Safety Endpoint in European Cancer Immunotherapy Trial

On September 28, 2020 TILT Biotherapeutics, a clinical-stage biotechnology company developing cancer immunotherapeutics, reported it has dosed two patients in a phase 1 clinical trial of its dual cytokine armed oncolytic adenovirus, TILT-123, in Denmark’s Herlev hospital in Copenhagen (Press release, TILT Biotherapeutics, SEP 28, 2020, View Source [SID1234567683]). Of the two patients dosed, both have now passed the trial’s 36-day primary safety endpoint having received three administrations of TILT-123 at the lowest dose.

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TILT-123’s clinical trial (1) is a phase 1, open-label, dose-escalation study of the company’s oncolytic adenovirus coding for Tumor Necrosis Factor Alpha (TNF alpha) and Interleukin 2. In this ‘TUNINTIL’ trial, up to 15 patients with metastatic melanoma will receive three injections of TILT-123 as an initial monotherapy over one month, followed by multiple administrations of TILT-123 plus up to two administrations of tumor infiltrating lymphocytes.

TILT-123 has been engineered to encode two human immunostimulatory cytokines, Tumor Necrosis Factor (hTNFa) and human interleukin 2, in order to direct a powerful T cell response to selectively destroy cancer cells.

TILT Biotherapeutics’ CEO, Akseli Hemminki, a biotech entrepreneur and cancer clinician who has personally treated almost 300 patients with ten different oncolytic viruses, said, "We are putting our recent financing of EUR 6m to good use by progressing our innovative cancer immunotherapies into the clinic. The heart of our approach revolves around the use of armed oncolytic adenoviruses, using cytokines to boost the patient’s immune response, better enabling it to find and destroy cancer cells. We are delighted to be working with Denmark’s prestigious National Center for Cancer Immune Therapy to initiate our first-in-human phase one trial of TILT-123 and look forward to starting additional sites in Finland and France for the TUNINTIL trial. This should act as a springboard to more European trials, and our first US trials, in other solid tumors."

Principal Investigator Inge Marie Svane, from Denmark’s National Center for Cancer Immune Therapy at Herlev Hospital, Copenhagen University, said, "The Nordics have some of the world’s most efficient & innovative healthcare system, and we are excited to work with Finland’s TILT Biotherapeutics to trial its next generation viruses to boost the body’s ability to fight a range of cancers. Our TUNINTIL trial is for metastatic melanoma, which is difficult to treat, and our hope is the trial will help expand the range of therapeutic options available to clinicians and patients, in this and other cancers."

The TUNINTIL trial’s primary objective is to evaluate the safety of TILT-123 and is designed to also deliver insights about the behavior of TILT-123 in humans, such as systemic tumor transduction and virus replication in the tumor, as well as immunological responses. Overall, the trial has the potential to increase the efficacy of adoptive T-cell therapy, remove the need for toxic pre- and post-conditioning regimens, and deliver the combined anti-tumor benefits of armed oncolytic viruses and T-cell therapy. The trial will examine both intra-venous and intra-tumoral delivery of TILT-123 and is due to complete in 2021.

Moderna to Present at the Chardan Virtual 4th Annual Genetic Medicines Conference

On September 28, 2020 Moderna, Inc., (Nasdaq: MRNA) a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines to create a new generation of transformative medicines for patients, reported that Dr. Stephen Hoge, President, will participate in the Chardan Virtual 4th Annual Genetic Medicines Conference on October 5, 2020 at 2:00 p.m. ET (Press release, Moderna Therapeutics, SEP 28, 2020, View Source [SID1234567681]).

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A live webcast will be available under "Events and Presentations" in the Investors section of the Moderna website at investors.modernatx.com. A replay of the webcast will be archived on Moderna’s website for 30 days following the presentation.

Sangamo Therapeutics Announces Participation at Upcoming Investor Conferences

On September 28, 2020 Sangamo Therapeutics, Inc. (Nasdaq: SGMO), a genomic medicine company, reported that management will present at the following investor conferences (Press release, Sangamo Therapeutics, SEP 28, 2020, View Source [SID1234567680]):

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Jefferies Virtual Gene Therapy / Editing Summit
Thursday, October 1st at 12:00 pm Eastern Time
Chardan Genetic Medicines Conference
Monday, October 5th at 8:00 a.m. Eastern Time
Presentations will be webcast live and may be accessed via a link on the Sangamo Therapeutics website in the Investors and Media section under Events and Presentations. The presentations will also be available on the Sangamo website after the event.

Bellicum to Participate in Two Upcoming Virtual Conferences

On September 28, 2020 Bellicum Pharmaceuticals, Inc. (NASDAQ:BLCM), a leader in developing novel, controllable cellular immunotherapies for cancers, reported that management will participate in two upcoming virtual conferences (Press release, Bellicum Pharmaceuticals, SEP 28, 2020, View Source [SID1234567679]).

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Conference Details:

Jefferies Cell Therapy Virtual Summit
Date/Time: Monday, October 5, 2020 at 11:30 a.m. EDT
Format: Fireside chat

2020 Virtual Cell & Gene Meeting on the Mesa
Date: Monday, October 12, 2020 – Friday, October 16, 2020
Format: Prerecorded company presentation will be available for registered attendees to view on-demand throughout the entirety of the conference. Please visit www.meetingonthemesa.com for full information including registration.

A live webcast of the fireside chat at the Jefferies Cell Therapy Summit may be accessed from the Events & Presentation section of the Bellicum website. An archived version of the Jefferies fireside chat will be available for replay following the event.

Sanofi completes Principia Biopharma Inc. acquisition

On September 28, 2020 Sanofi reported the successful completion of its acquisition of Principia Biopharma Inc. ("Principia") for $100 per share in cash (Press release, Sanofi, SEP 28, 2020, View Source [SID1234567678]).

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"The Principia acquisition further strengthens our core areas of autoimmune and allergic diseases, giving us full control of tolebrutinib (SAR442168), as well as additional BTK inhibitors to further develop," said Paul Hudson, Sanofi Chief Executive Officer. "The Principia integration into Sanofi augments our small molecule research capabilities as we look to maintain leadership in the discovery and development of oral medicines for serious illnesses."

The tender offer for all of the outstanding shares of Principia common stock expired as scheduled at one minute after 11:59 p.m., Eastern Time, on Friday, September 25, 2020. The minimum tender condition and all of the other conditions to the offer have been satisfied and on September 28, 2020, Sanofi and its wholly owned subsidiary Kortex Acquisition Corp. ("Purchaser"), accepted for payment and will promptly pay for all shares validly tendered and not validly withdrawn.

Following its acceptance of the tendered shares, Sanofi completed its acquisition of Principia through the merger of Purchaser with and into Principia, pursuant to Section 251(h) of the General Corporation Law of the State of Delaware, with Principia continuing as the surviving corporation and becoming an indirect, wholly owned subsidiary of Sanofi.

In connection with the merger, all Principia shares not validly tendered in the tender offer have been converted into the right to receive the same $100 per share in cash, without interest thereon and net of any applicable withholding taxes, that would have been paid had such shares been validly tendered in the tender offer. Principia common stock will cease to be traded on the NASDAQ Global Select Stock Market.

Evercore acted as financial advisor to Sanofi and Weil, Gotshal & Manges LLP acted as its legal counsel. Centerview Partners LLC and BofA Securities, Inc. acted as financial advisors to Principia and Cooley LLP acted as its legal counsel.