Ligand’s Fourth Quarter Financial Results to be Reported February 3rd

On January 20, 2021 Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) reported that details of its plans to report fourth quarter 2020 financial results on February 3, 2021 (Press release, Ligand, JAN 20, 2021, View Source [SID1234574134]). Ligand’s CEO John Higgins, President and COO Matt Foehr and Executive Vice President and CFO Matt Korenberg will host the conference call.

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Fourth Quarter 2020 Earnings Conference Call

What:

Ligand conference call to discuss financial results and provide general business updates

Wednesday, February 3, 2021

Time:

8:30 a.m. Eastern time (5:30 a.m. Pacific time)

Webcast:

Live conference call webcast and replay accessible at www.ligand.com

Heat Biologics CEO to Participate in a Fireside Chat at the B. Riley Securities Oncology Investor Conference on Jan 21, 2021

On January 20, 2021 Heat Biologics, Inc. ("Heat") (NASDAQ:HTBX), a clinical-stage biopharmaceutical company focused on developing first-in-class therapies to modulate the immune system, including multiple oncology product candidates and a novel COVID-19 vaccine, reported that Jeff Wolf, Chief Executive Officer of Heat Biologics, will participate in a fireside chat at the B. Riley Securities Virtual Oncology Investor Conference (Press release, Heat Biologics, JAN 20, 2021, View Source [SID1234574130]).

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The Heat’s presentation will be webcast live at 11:30 a.m. EST on Thursday, January 21, 2021. The presentation will be open to registered conference attendees, institutional investors and investor relations professionals, who may register to view the live webcast at https://b-riley-oncology-investor-conference.events.issuerdirect.com/signup. After completion of the event, a replay of the presentation will be publicly available under the "Investors – News/Events" tab on the Heat Biologics website at www.heatbio.com.

Forma Therapeutics Announces First Patient Dosed in Phase 1 Clinical Trial Evaluating FT-7051 for the Treatment of Metastatic Castration-resistant Prostate Cancer (mCRPC)

On January 20, 2021 Forma Therapeutics Holdings, Inc. (Nasdaq: FMTX), a clinical-stage biopharmaceutical company focused on rare hematologic diseases and cancers, reported that the first patient has been dosed in a Phase 1 clinical trial evaluating FT-7051, a selective inhibitor of CBP/p300, a known co-activator of the androgen receptor (AR) in men with metastatic castration-resistant prostate cancer (mCRPC) (Press release, Forma Therapeutics, JAN 20, 2021, View Source [SID1234574129]).

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"While a patient with mCRPC may initially respond to standard anti-androgen therapies, a significant unmet need persists since nearly all patients ultimately become resistant to these treatments," said David N. Cook, Ph.D., chief scientific officer of Forma Therapeutics. "Initiating enrollment in this Phase 1 trial is an important step toward our goal of providing mCRPC patients with an additional therapeutic option to treat this severe illness."

Study Design

The Phase 1 trial is a multicenter, open-label evaluation of the safety and tolerability, preliminary anti-tumor activity (PSA and radiographic responses), and pharmacokinetics/pharmacodynamics (PK/PD) of FT-7051 in men with mCRPC who have progressed despite prior therapy and have been treated with at least one potent anti-androgen therapy. This is an adaptive trial design, intended to accelerate the escalation to potentially therapeutic doses and yield important safety information. More information about this trial may be accessed at Clinicaltrials.gov (identifier: NCT04575766).

About FT-7051

FT-7051 is a selective inhibitor of CREB-binding protein/E1A binding protein p300 (CBP/p300) and a co-activator of androgen receptor (AR). In prostate cancer cell lines in vitro, FT-7051 demonstrated inhibition of AR-dependent gene expression and reductions in androgen receptor expression. FT-7051 also demonstrated antiproliferative activity in AR-positive prostate cancer cell lines, including resistance variant AR-v7 positive models.

About Metastatic Castration-resistant Prostate Cancer

Prostate cancer is the second leading cause of cancer death for men in the U.S., and mCRPC is the most advanced form of this disease. Prostate cancer cell growth is driven by activity of the androgen receptor (AR). Primary treatments of mCRPC include therapies that reduce androgen synthesis or inhibit androgen binding and activation of the AR. Studies have shown that approximately 20% to 40% of mCRPC patients demonstrate primary resistance to enzalutamide and abiraterone acetate, two commonly used therapies, and virtually all patients who demonstrate initial clinical responses eventually acquire resistance. There are currently no approved therapies specifically aimed at mCRPC over-expressing AR variants, including AR-v7; therefore, a novel inhibitor of AR co-activator CBP/p300 may play a role in the suppression of mCRPC driven by AR aberrations.

Cerecor Announces Proceeds from Option to Purchase Additional Shares of Common Stock Bringing Public Offering Proceeds to $40.7 Million

On January 20, 2021 Cerecor Inc. ("Cerecor"; NASDAQ: CERC), a biopharmaceutical company focused on becoming a leader in development and commercialization of treatments for rare pediatric and orphan diseases, reported the exercise by the underwriters of their option to purchase an additional 1,648,812 shares of Cerecor’s common stock, $0.001 par value (the "Common Stock") at a price to the public of $2.60 per share, increasing the total offered through the previously announced underwritten public offering to 13,971,819 of Common Stock and 1,676,923 of prefunded warrants (Press release, Cerecor, JAN 20, 2021, View Source [SID1234574128]). The gross proceeds to Cerecor from this exercise were approximately $4.3 million, resulting in approximately $40.7 million total gross proceeds from the offering. Cerecor intends to use the proceeds of the offering for general corporate purposes and working capital, primarily to support the ongoing clinical development of key assets within its pipeline and for general and administrative expenses.

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The securities described above were offered by Cerecor pursuant to an effective shelf registration statement on Form S-3 (File No. 333-233978), previously filed with the U.S. Securities and Exchange Commission (the "SEC") on September 27, 2019 and declared effective on October 24, 2019, and the accompanying prospectus contained therein. The offering of securities was made by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. A final prospectus relating to and describing the terms of the offering has been filed with the SEC. Copies of the final prospectus relating to the offering may be obtained on the SEC’s website at View Source or by contacting Jefferies LLC at 520 Madison Avenue, 2nd Floor, New York, NY 10022, Attention: Equity Syndicate Prospectus Department, by e-mail at [email protected] or by calling (877) 547-6340.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, 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.

Celleron Therapeutics announces approval of China IND Registration Clinical Trial with partner Nuance Biotech

On January 20, 2021 Celleron Therapeutics, the Oxford-based UK company developing novel medicines to treat cancer, reported that with its Chinese partner, Nuance Biotech Ltd, the company has received approval from the Chinese Center for Drug Evaluation for an IND registrational trial to develop CXD101 in patients suffering from peripheral T-cell lymphoma (PTCL) (Press release, Celleron, JAN 20, 2021, View Source [SID1234574127]).

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Previously, a Phase I trial in multiple tumour types demonstrated that CXD101 has an acceptable safety profile, and a promising signal for efficacy was observed in multiple tumour types, which led to the grant of EU Orphan Drug Designation in PTCL. A bridging study conducted in Hong Kong began in 2020 to evaluate the safety and pharmacokinetics in Chinese patients with multiple tumour types.

A Chinese Investigational New Drug (CIND) application is intended to support a Chinese New Drug Application (NDA) leading to marketing approval for the drug. This has now been approved by the Center for Drug Evaluation (CDE), which opens the way for Celleron and Nuance to the roll out a Phase Ib/II clinical trial in PTCL commencing late 2021.

Under the terms of the partnership agreements, Nuance Biotech received a license to develop and commercialise Celleron CXD101, in indications of high unmet medical need, in return for significant royalties and milestone payments relating to the development and commercialization of the products in China.

Professor David Kerr, Chief Medical Officer of Celleron Therapeutics, commented "This is a major milestone in the development of CXD101, which we know to be active in diverse lymphomas. We look forward to beginning the trial and working with Nuance in deploying CXD101 in China".

Professor Nick La Thangue, Chief Executive Officer of Celleron Therapeutics, commented "Approval from the Chinese CDE for this trial is a massively important step in continuing the successful growth of Celleron Therapeutics as a commercially focused cancer company".