BerGenBio Receives FDA Fast Track Designation For Bemcentinib / Anti-PD-(L)1 Combination In NSCLC

On June 8, 2021 BerGenBio ASA (OSE: BGBIO), a clinical-stage biopharmaceutical company developing novel, selective AXL kinase inhibitors for severe unmet medical need, reported that the U.S. Food and Drug Administration (FDA) has granted Fast Track designation for Bemcentinib in combination with an anti-PD-(L)1 agent for the treatment of patients with AXL-positive advanced/metastatic non-small cell lung cancer (NSCLC) (Press release, BerGenBio, JUN 8, 2021, View Source;anti-pd-l1-combination-in-nsclc-301307422.html [SID1234583732]).

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The FDA’s decision represents the first recognition by a regulator of AXL-positive patients as a molecular targetable patient population. This designation has been granted for patients without actionable mutations, with disease progression on or after treatment with an anti-PD-(L)-1 agent, with or without chemotherapy as their first line of therapy.

Fast Track designation is intended to facilitate the development and review of drugs used to treat serious conditions and to fill an unmet medical need. It will enable BerGenBio to have more frequent interactions with the FDA throughout the drug development process, so that an approved product can reach the market faster.

The designation also provides Eligibility for Accelerated Approval, enabling approval based on a surrogate clinical endpoint; Priority Review, which allows New Drug Application (NDA) review in six months instead of 10, if relevant criteria are met; and eligibility for Rolling Review, whereby the Company will be able to submit completed sections of its NDA for review by the FDA before complete application is submitted.

BerGenBio has developed proprietary biomarkers and companion diagnostic assays for selection of AXL positive patients, the cAXL assay is validated for clinical trial use. Retrospective analysis of patients in clinical trials suggest approximately 50% of patients are cAXL positive, and it is these patients that achieve the clinical responses and extended survival benefit previously reported.

Richard Godfrey, Chief Executive Officer of BerGenBio, commented: "Building on our encouraging clinical and translational data, we are excited to receive Fast Track designation from the FDA for the promising combination of bemcentinib in combination with a checkpoint inhibitor. This regulatory milestone is particularly meaningful for BerGenBio, as it represents the first formal recognition by a regulator of AXL-positive patients as a discernible patient population and serves as further validation of our belief that AXL inhibition has high potential as a cornerstone of cancer combination therapy. We look forward to working closely with the FDA on the continued clinical development of the combination."

About AXL

AXL kinase is a cell membrane receptor and an essential mediator of the biological mechanisms underlying life-threatening diseases.

In COVID-19, AXL has two synergistic mechanisms of action, it acts a co-receptor to ACE2, to which the spike protein of the SARS-CoV-2 virus attaches and enters the host cell, and AXL expression is upregulated that leads to suppression of the Type 1 Interferon immune response by host cells and in their environment. Research data confirms bemcentinib inhibits SARS-CoV-2 host cell entry and promotes the anti-viral Type I interferon response. Data from a Phase II in human clinical trial has shown that treatment with AXL inhibitor bemcentinib increased the rate ventilator free survival in hospitalised COVID-19 patients.

In cancer, increase in AXL expression has been linked to key mechanisms of drug resistance and immune escape by tumour cells, leading to aggressive metastatic cancers. AXL suppresses the body’s immune response to tumours and drives treatment failure across many cancers. High AXL expression defines a very poor prognosis subgroup in most cancers. AXL inhibitors, such as bemcentinib, therefore, have potential high value as monotherapy and as the cornerstone of cancer combination therapy, addressing significant unmet medical needs and multiple high-value market opportunities. Research has also shown that AXL mediates other aggressive diseases including fibrosis

Composite AXL (cAXL) is a proprietary biomarker developed by BerGenBio that simultaneously scores AXL expression on tumour cells and immune cells in the tumour microenvironment, as determined by Immune Histo Chemistry (IHC) assay. Data from on-going clinical trials suggest ca. 50% of patients are high cAXL and this is predictive of improved clinical outcomes for patients receiving bemcentinib.

About Bemcentinib

Bemcentinib (formerly known as BGB324), is a potential first-in-class, potent and highly selective AXL inhibitor, currently in a broad phase II clinical development programme. It is administered as an oral capsule and taken once per day. Ongoing clinical trials are investigating bemcentinib in COVID-19, and multiple solid and haematological tumours, in combination with current and emerging therapies (including immunotherapies, targeted therapies and chemotherapy), and as a single agent. Bemcentinib targets and binds to the intracellular catalytic kinase domain of AXL receptor tyrosine kinase and inhibits its activity.

GT Biopharma to be Added to the Russell 2000® Index

On June 8, 2021 GT Biopharma, Inc. ("GT Biopharma" or the "Company") (NASDAQ: GTBP), a clinical stage immuno-oncology company focused on developing innovative therapeutics based on the Company’s proprietary natural killer (NK) cell engager (TriKE) protein biologic technology platform, reported that it is set to be added to the Russell 2000 Index at the conclusion of the Russell US Indexes annual reconstitution, effective at the opening of the U.S. equity markets on June 28, 2021 (Press release, GT Biopharma, JUN 8, 2021, View Source [SID1234583731]).

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"Our inclusion in the Russell index is an important milestone for us as it reflects the continued progress we are making to develop and commercialize our first-in-class therapeutics. We welcome the enhanced visibility of our long-term growth potential and look forward to sharing our future milestones with a broader investment community," said Anthony J. Cataldo, GT Biopharma’s Chairman and Chief Executive Officer

FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. Membership in the small-cap Russell 2000 Index, which remains in place for one year, is based on membership in the broad-market Russell 3000Ò Index.

Russell’s U.S. indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $9 trillion in assets are benchmarked against Russell’s U.S. indexes. Russell Indexes are part of FTSE Russell, a leading global index provider.

For more information about the Russell U.S. Indexes and the Russell Indexes reconstitution, visit the FTSE Russell website.

PathAI to Present Machine Learning-based Quality Control Tool for HER2 Testing in Breast Cancer at the American Society of Clinical Oncology Virtual Scientific Program 2021

On June 8, 2021 PathAI, a global leader of AI-powered technology applied to pathology, reported that new data highlighting a quality control tool for HER2 testing in digital pathology images captured in clinical trials will be presented in the American Society of Clinical Oncology (ASCO) (Free ASCO Whitepaper) Virtual Scientific Program 2021, held from June 4-8, 2021 (Press release, PathAI, JUN 8, 2021, View Source [SID1234583730]). These results will be shared in the poster presentation, Machine learning models to quantify HER2 for real-time tissue image analysis in prospective clinical trials (Abstract #3061), in the session, Developmental Therapeutics —Molecularly Targeted Agents and Tumor Biology.

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Together, PathAI, AstraZeneca (LSE/STO/Nasdaq: AZN) and Daiichi Sankyo Company, Limited have developed ML-based models for the automated quantification of HER2 IHC images in breast cancer tissue. Expression of HER2, a protein localized in the cell membrane, is typically assessed by pathologists to evaluate patient eligibility for anti-HER2 targeted therapies. ML-based models trained to identify and quantify tumor histology features can provide highly accurate and reproducible scores that are highly concordant with manual pathology.

The PathAI HER2 models were developed to generate HER2 scores consistent with the 2018 ASCO (Free ASCO Whitepaper)/CAP HER2 scoring guidelines. The models also produce metrics that reflect the quality of HER2 testing, such as the area and number of tumor cells, the presence of ductal carcinoma in situ (DCIS), background staining and artifact content. In a test set including diverse tissue-types across a wide range of breast cancer types, ML quantification of HER2 was consistent with manual scores from a consensus of pathologists (ICC 0.88, 95% CI 0.82-0.92). ML scores were even more closely aligned with pathologist scores after further training to learn pathologist scoring methods (ICC 0.91, 95% CI 0.89-0.94). By providing consistent, automated HER2 IHC image analysis, PathAI ML models can provide real-time QC read-outs enabling identification of drifts or inconsistencies in HER2 testing data and images captured during clinical trials.

PathAI’s broad approach towards integrating AI-powered tools into oncology clinical trial workflows is also represented by a separate study that PathAI is presenting at ASCO (Free ASCO Whitepaper) (Abstract #106). Both presentations are examples of how AI can enhance pathologist performance by generating accurate and reproducible clinically relevant scores that can be scaled to levels that are currently unachievable.

FDA Grants Coordination Pharmaceuticals IND Approval for CPI-300, a Novel Antitumor Nanomedicine

On June 8, 2021 Coordination Pharmaceuticals, Inc. (CPI), a privately held and clinical-stage biopharmaceutical company, reported that the U.S. Food and Drug Administration (FDA) has approved the company’s Investigational New Drug (IND) application to initiate a first-in-human Phase 1 clinical study of CPI-300 in patients with advanced tumors (Press release, Coordination Pharmaceuticals, JUN 8, 2021, View Source [SID1234583729]).

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By leveraging CPI’s proprietary nanoscale coordination polymer (NCP) platform, CPI-300 selectively delivers two potent new chemical entities (NCEs) to tumors to achieve maximal antitumor efficacy. In preclinical studies, CPI-300 elicited prolonged tumor regression in multiple tumor models without any sign of hematological toxicities.

"FDA’s timely acceptance and approval of CPI-300 IND is an important milestone for the company. We are excited about the opportunity to study this NCP-based candidate in clinical trials," said Wenbin Lin, PhD, founder and chairman of CPI and also the James Franck Professor of Chemistry, Radiation & Cellular Oncology, and the Ludwig Center for Metastasis Research at the University of Chicago. "We anticipate that this study will generate important insights into the safety of CPI-300 and its preliminary therapeutic efficacy in cancer patients."

In addition, CPI is also conducting Phase 1 studies of CPI-100 and RiMO-301 on patients with advanced tumors. CPI-100 contains two synergistic NCEs for the activation of tumor-immune microenvironments, while RiMO-301 enhances antitumor effects of X-rays via a novel radiotherapy-radiodynamic therapy mode of action.

About the Studies

The Phase 1 study is a prospective, open-label, single arm, non-randomized study of CPI-300 in patients with advanced tumors. The primary objectives in the study include determining maximum tolerated dose (MTD), pharmacokinetics and preliminary antitumor activity of CPI-300. For additional clinical trial details, please refer to View Source;draw=2&rank=1.

For CPI-100 Phase I study: View Source;rank=1.

For RiMO-301 Phase I study: View Source;rank=1.

Thermo Fisher Scientific to Present at the Goldman Sachs 42nd Annual Global Healthcare Conference on June 10, 2021

On June 8, 2021 Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, reported that Marc N. Casper, chairman, president and chief executive officer, will present virtually at the Goldman Sachs 42nd Annual Global Healthcare Conference on Thursday, June 10, 2021 at 9:40 a.m. (EDT) (Press release, Thermo Fisher Scientific, JUN 8, 2021, View Source [SID1234583728]).

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You can access the webcast of the presentation via the Investors section of our website, www.thermofisher.com.