Hexagon Interim Report 1 January – 30 September 2021

On October 28, 2021 Hexagon Bio reported that (Press release, Hexagon Bio, OCT 28, 2021, View Source;30-september-2021-301410679.html [SID1234592159])

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Third quarter 2021

Net sales increased by 15 per cent to 1,077.2 MEUR (939.9). Using fixed exchange rates and a comparable group structure (organic growth), net sales increased by 10 per cent
Adjusted operating earnings (EBIT1) increased by 19 per cent to 296.8 MEUR (250.1
Earnings before taxes, excluding adjustments, amounted to 290.5 MEUR (242.2)
Net earnings, excluding adjustments, amounted to 238.3 MEUR (198.6)
Earnings per share, excluding adjustments, amounted to 0.09 EUR (0.08)
Operating cash flow decreased to 179.6 MEUR (191.2)
For further information, please contact:

Maria Luthström, Head of Sustainability and Investor Relations, Hexagon AB, +46 8 601 26 27, [email protected]

This is information that Hexagon AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on 28 October 2021.

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BioTheryX Announces Appointment of Philippe Drouet as Chief Executive Officer

On October 28, 2021 BioTheryX, Inc., a clinical-stage company focused on targeted protein degradation to create life-saving medicines, reported the appointment of Philippe Drouet as President and Chief Executive Officer of BioTheryX (Press release, BioTheryX, OCT 28, 2021, View Source [SID1234592158]).

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"Philippe is an extremely talented biopharma executive with more than two decades of global experience in commercializing blockbuster oncology therapeutics. He has worked to advance products through clinical development, successfully launched them, and most importantly made them available to patients. His proven track record in building effective high performing teams will position us well to advance our pipeline of protein degraders and modulators to create life-saving medicines for patients," said David Stirling, Ph.D., Executive Chairman of BioTheryX. "The Board and I welcome him as CEO, and we are excited to have him lead our company as we build on our expertise in protein modulation-based drug development."

Prior to joining BioTheryX, Mr. Drouet served as Chief Commercial Officer at CRISPR Therapeutics where he shaped the strategy for the launch of the company’s first allogeneic CAR-T therapies and helped lead the clinical development strategy for the company’s phase I clinical assets. Previously, Philippe served as Senior Vice President, Global Oncology at Merck & Co. where he launched and commercialized Keytruda, drove substantial global oncology revenue and built and led the company’s Global Oncology Marketing, Access and Pricing organization. Prior to that, he served as President of Hospira’s U.S. division before Hospira’s acquisition by Pfizer in 2015. Philippe also held roles of increasing responsibility at Novartis Pharmaceutical Corporation, including Vice President U.S. Hematology, General Manager Oncology in Turkey, Global Brand Leader for Gleevec and Head of Oncology Marketing in Canada. Philippe received an MBA from INSEAD in France and a Master of Science and Bachelor in Chemical Engineering from McGill University, Canada.

"I am excited to join BioTheryX and lead the company through its next stage of rapid growth as it expands its programs in the fast-paced category of protein degradation," said Mr. Drouet. "BioTheryX has built one of the leading scientific teams and most promising pipelines in the protein degradation space. I look forward to working alongside this outstanding team to build our clinical-stage program for liquid and solid tumors and develop first-in-class therapies in areas of high unmet medical need in oncology and other diseases."

Heron Therapeutics to Report Third Quarter 2021 Financial Results on Wednesday, November 3, 2021

On October 28, 2021 Heron Therapeutics, Inc. (Nasdaq: HRTX), a commercial-stage biotechnology company focused on improving the lives of patients by developing best-in-class treatments to address some of the most important unmet patient needs, reported that the company will host a conference call and live webcast on Wednesday, November 3, 2021 at 4:15 p.m. ET to report third quarter 2021 financial results and discuss recent business highlights (Press release, Heron Therapeutics, OCT 28, 2021, View Source [SID1234592157]).

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The conference call can be accessed by dialing 877-311-5906 for domestic callers and 281-241-6150 for international callers. Please provide the operator with the passcode 7242566 to join the conference call. The conference call will also be available via webcast under the Investor Relations section of Heron’s website at www.herontx.com. An archive of the teleconference and webcast will also be made available on Heron’s website for 60 days following the call.

GenesisCare Expands PSMA PET Imaging to All U.S. Centers Improving Precision in Prostate Cancer Diagnoses and Treatment

On October 28, 2021 GenesisCare — one of the leading oncology providers in the United States, Australia, Spain, and the United Kingdom — reported it will be expanding access to the novel fluorinated prostate-specific membrane antigen (PSMA) positron emission tomography (PET) imaging capabilities in its Florida, South Carolina, and Texas centers (Press release, GenesisCare, OCT 28, 2021, View Source [SID1234592156]). They plan to rapidly accelerate PSMA PET access at all U.S. GenesisCare sites by Q2 2022.

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A PSMA PET scan uses a small amount of a radioactive tracer such as PYLARIFY (piflufolastat F 18), the first and only commercially available FDA-approved PSMA PET imaging agent for prostate cancer. PYLARIFY targets and binds to the PSMA protein, which is found on nearly all prostate cancer cells, and lights up on a scan to pinpoint where cancer is located.

Prostate cancer is the second leading cause of cancer-related death for men in the United States. Finding novel approaches and standards to treat prostate cancer is critical. PSMA PET scanning is instrumental in advancing novel approaches, precision medicine, and standard of care for prostate cancer treatment. This revolutionary approach makes smaller lesions visible with greater accuracy than traditional CT or Tc bone scans, enabling oncologists to determine disease progression and adjust treatment more easily.

GenesisCare patients, like retired attorney Leonard Bitterman of Boca Raton, who received the first injection of PYLARIFY in the U.S. on June 3, 2021, have experienced improved outcomes and quality of life. "This new process has taken the guesswork out of my prostate cancer journey," said Bitterman. "My wife and I now have greater peace of mind with this new treatment and feel comfortable living life to its fullest."

"PSMA PET is a revolutionary diagnostic tool we’re now offering nationwide that allows doctors to see metastatic or recurrent prostate cancer earlier – anywhere in the body. This is a game-changer that will have a tremendous impact for patients across the U.S.," said Dan Collins, Founder and CEO, GenesisCare. "Through continued collaborations with medical imaging and theranostics leaders like Lantheus, GE, Telix and Clarity, and our leading team of global theranostics experts, we are able to bring the latest breakthroughs in cancer diagnostics and treatment to more patients, much faster."

"Innovative diagnostic tools like PSMA PET provide more accurate and earlier detection of disease than conventional imaging so our clinicians, along with their patients and families, can make more informed treatment decisions that lead to improved outcomes," stated Neal D. Shore, M.D. FACS, GenesisCare Chief Medical Officer of Urology and Surgery and National Urology Research Director. "We are very excited to offer PSMA PET imaging with the first FDA-approved and commercially available PSMA PET prostate cancer imaging agent, PYLARIFY, to all of our patients throughout the U.S."

Stand Up To Cancer Announces New Research Team Focused On Head And Neck Cancers

On October 28, 2021 Stand Up To Cancer (SU2C) reported the Stand Up To Cancer–Fanconi Anemia Research Fund–Farrah Fawcett Foundation Head and Neck Cancer Research Team (Press release, SU2C, OCT 28, 2021, View Source [SID1234592155]). The team will concentrate on new approaches to address head and neck squamous cell carcinoma, with an emphasis on cancers related to the human papillomavirus (HPV) and Fanconi anemia.

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The team has been awarded $3.25 million over three years to advance therapies, support new approaches and improve patient outcomes for head and neck cancers. The team will receive $1.5 million each from the Fanconi Anemia Research Fund and the Farrah Fawcett Foundation. The American Head and Neck Society and the Head and Neck Cancer Alliance have each provided $125,000 to support the team. This is the first time these four organizations have come together in an unprecedented collaboration to take on some of the toughest challenges in head and neck cancers. This is also the first time SU2C has worked with a nonprofit foundation that is not directly focused on cancer research – the Fanconi Anemia Research Fund.

"There is tremendous work that needs to be done to make progress in treating head and neck cancers, which approximately 66,000 Americans will be diagnosed with this year," said Sung Poblete, PhD, RN, CEO of Stand Up To Cancer. "It is truly groundbreaking for these four donors to come together in this unique collaboration to support this team and make this critical research possible. I’m grateful for their vision and focus on our shared goal: to make more people impacted by head and neck cancers long-term survivors."

Agata Smogorzewska, MD, PhD, associate professor at The Rockefeller University will lead the research team and Barbara Burtness, MD, professor of medicine, interim associate director for diversity, equity and inclusion and co-leader, Developmental Therapeutics Program at Yale Cancer Center and Smilow Cancer Hospital, will serve as co-leader of the team.

The team will bring together experts working on different aspects of head and neck cancers with a focus on collaboration that speeds the discovery of new treatments. Using a variety of state-of-the-art tools to better understand how head and neck cancers develop, the team will improve treatments by identifying new combinations of current and emerging therapies that may be effective for these types of cancers.

"By improving our understanding of HPV-related and Fanconi anemia-associated cancers, we will be able to identify and develop new treatment and preventive strategies for individuals with these cancer types," said Smogorzewska. "Our ultimate goal is to achieve better survival without compromising quality of life that is currently limited by treatment toxicity. The challenges of treating patients with Fanconi anemia who develop cancer are profound due to the inability to use standard chemotherapy. Similarly, for patients with HPV-related cancer, development of treatment resistance leads to poor outcomes."

Head and neck cancers can appear in the nasal cavity, sinuses, lips, mouth, salivary glands, thyroid gland, throat or larynx. Fanconi anemia is a rare inherited disease characterized by the inability to repair DNA leading to bone marrow failure and cancer; the incidence of head and neck squamous cell carcinoma in people with Fanconi anemia is 500- to 700-fold higher than in the general population and treatment options are limited. Fanconi anemia, although rare, affects people of all ethnicities. HPV is a very common virus that can cause cancer, including cancer of the throat; approximately 45,300 people with HPV will get a cancer diagnosis every year in the U.S.

"The incidence of HPV-related head and neck cancer is increasing in all populations," said Burtness. "Existing treatments for HPV-related head and neck cancer are often toxic. New treatments offer the promise of reducing toxicity and are an option for patients who do not respond to standard treatment. Our team’s approach to identifying new effective combinations of current and emerging treatments that could allow for safer and more effective therapies is critical in order to save more lives."

In all races and ethnicities, men have higher rates of HPV-associated cancers of the oropharynx (back of the throat, including the base of the tongue and tonsils) than women. These diagnostics rates have surpassed cervical cancer in women bringing new urgency for this crucial research. Black and Hispanic men and women have lower rates of HPV-associated oropharyngeal cancers than white and non-Hispanic men and women. In addition to oropharyngeal cancers, HPV can also cause anal, cervical, penile, vaginal and vulvar cancers.