Merck Completes Acquisition of Acceleron Pharma Inc.

On November 22, 2021 Merck (NYSE: MRK), known as MSD outside the United States and Canada, reported the successful completion of the acquisition of Acceleron Pharma Inc. (Nasdaq: XLRN) Merck (NYSE: MRK), known as MSD outside the United States and Canada, reported the successful completion of the acquisition of Acceleron Pharma Inc. (Nasdaq: XLRN) (Press release, Merck & Co, NOV 22, 2021, View Source [SID1234595881]).

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"This is an important and strategic opportunity for our company to continue growing our cardiovascular portfolio and pipeline, that builds on our long and proud legacy in cardiovascular disease and further bolsters our business development strategy," said Rob Davis, chief executive officer and president, Merck. "Fueled by Acceleron’s groundbreaking research, we are excited to explore the opportunities and possibilities ahead to reach even more patients by addressing this critical health need."

Acceleron is focused on harnessing the power of the transforming growth factor (TGF)-beta superfamily of proteins that is known to play a central role in the regulation of cell growth, differentiation and repair. Acceleron’s lead therapeutic candidate, sotatercept, has a novel mechanism of action with the potential to improve short-term and/or long-term clinical outcomes in patients with pulmonary arterial hypertension (PAH), a progressive and life-threatening blood vessel disorder. Sotatercept is in Phase 3 trials as add-on to current standard of care for the treatment of PAH.

Deciphera Receives European Commission Approval of QINLOCK® for the Treatment of Fourth-Line Gastrointestinal Stromal Tumor

On November 22, 2021 Deciphera Pharmaceuticals, Inc. (NASDAQ: DCPH), a commercial-stage biopharmaceutical company developing innovative medicines to improve the lives of people with cancer, reported that the European Commission (EC) has approved QINLOCK (ripretinib) in the European Union (EU) for the treatment of adult patients with advanced gastrointestinal stromal tumor (GIST) who have received prior treatment with three or more kinase inhibitors, including imatinib1 (Press release, Deciphera Pharmaceuticals, NOV 22, 2021, View Source [SID1234595880]). The EC decision is applicable to all 27 European Union member states plus Iceland, Norway, and Liechtenstein. In September 2021, QINLOCK was added as a fourth-line treatment for GIST patients progressing or intolerant to imatinib, sunitinib, and regorafenib to the ESMO (Free ESMO Whitepaper)-EURACAN-GENTURIS clinical practice guidelines for GIST2.

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"The European Commission’s approval of QINLOCK marks the eighth regulatory approval of this transformative medicine worldwide and is an important milestone for patients with advanced GIST in the EU who are in need of a new treatment option," said Steve Hoerter, President and Chief Executive Officer of Deciphera. "We look forward to working with health authorities to ensure that all eligible patients who can benefit from QINLOCK have access as rapidly as possible."

"With a complex disease like advanced GIST, the availability of new efficacious and tolerable treatment options is critical for patients," said Jean-Yves Blay, M.D., Ph.D., professor of Medicine at the Université Claude Bernard, Lyon, France. "The treatment of advanced GIST patients who initially respond to traditional tyrosine kinase inhibitors but eventually develop tumor progression due to secondary mutations has remained an area of high unmet medical need in Europe. In the INVICTUS study, QINLOCK demonstrated compelling clinical benefit in progression-free and overall survival and was well tolerated3. This product brings a new hope for those patients who failed currently approved kinase inhibitors."

"For patients with advanced GIST, the EC approval of QINLOCK offers a much-needed therapeutic option for these patients for whom existing agents have only limited benefit," said Sebastian Bauer, M.D., medical oncologist at the West German Cancer Center in Essen. "The INVICTUS study evaluated QINLOCK in patients who had exhausted all approved options. QINLOCK showed a highly meaningful benefit, not only in terms of disease control, but for the first time in a randomized GIST trial, also overall survival when compared to best supportive care. It is also noteworthy that QINLOCK maintained quality of life in this very advanced group of patients."

The QINLOCK approval was supported by efficacy results from the primary analysis of the pivotal Phase 3 INVICTUS study in patients with advanced GIST as well as combined safety results from INVICTUS and the Phase 1 study of QINLOCK. In INVICTUS, QINLOCK demonstrated a median progression-free survival of 6.3 months compared to 1.0 month in the placebo arm and significantly reduced the risk of disease progression or death by 85% (hazard ratio of 0.15, p<0.0001)3. Secondary endpoints include Objective Response Rate (ORR) as determined by independent radiologic review using modified RECIST and Overall Survival (OS). QINLOCK demonstrated an ORR of 9.4% compared with 0% for placebo (p =0.0504)3. In addition, QINLOCK demonstrated a median overall survival of 15.1 months compared to 6.6 months in the placebo arm and reduced the risk of death by 64% (hazard ratio of 0.36)3.

The most frequently observed adverse drug reactions (≥25%) in a pooled safety population (n=392) treated with QINLOCK were fatigue, alopecia, nausea, myalgia, constipation, diarrhea, palmar-plantar erythrodysesthesia syndrome (PPES), weight decreased, and vomiting1,3.

In the INVICTUS study, adverse reactions resulting in permanent discontinuation occurred in 8% of patients, dosage interruptions due to an adverse reaction occurred in 24% of patients and dose reductions due to an adverse reaction occurred in 7% of patients who received QINLOCK3.

About QINLOCK (ripretinib)

QINLOCK is a switch-control tyrosine kinase inhibitor that was engineered to broadly inhibit KIT and PDGFRA mutated kinases by using a dual mechanism of action that regulates the kinase switch pocket and activation loop. QINLOCK inhibits primary and secondary KIT mutations in exons 9, 11, 13, 14, 17, and 18 involved in GIST, as well as the primary exon 17 D816V mutation4,5. QINLOCK also inhibits primary PDGFRA mutations in exons 12, 14, and 18, including the exon 18 D842V mutation, involved in a subset of GIST4,5.

Bio-Techne To Present At Upcoming Investor Conferences

On November 22, 2021 Bio-Techne Corporation (NASDAQ: TECH) reported that it will present at two upcoming investor conferences (Press release, Bio-Techne, NOV 22, 2021, View Source [SID1234595879]).

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Chuck Kummeth, President and Chief Executive Officer will present at the Stephens Annual Investment Conference on Thursday, December 2, 2021 at 4:00 p.m. CDT.

Jim Hippel, Executive Vice President and Chief Financial Officer, will present at the Evercore ISI HealthCONx Conference on Wednesday, December 1, 2021 at 4:20 p.m. EDT.

Live webcasts of both presentations can be accessed via the IR Calendar page of Bio-Techne’s Investor Relations website at View Source

Aligos Therapeutics to Present at the Piper Sandler 33rd Annual Virtual Healthcare Conference

On November 22, 2021 Aligos Therapeutics, Inc. (Nasdaq: ALGS), a clinical stage biopharmaceutical company focused on developing novel therapeutics to address unmet medical needs in viral and liver diseases, reported that Lawrence M. Blatt, Ph.D., MBA, Chairman and CEO of Aligos, will present at the Piper Sandler 33rd Annual Virtual Healthcare Conference being held from November 30 – December 2, 2021 (Press release, Aligos Therapeutics, NOV 22, 2021, View Source [SID1234595878]). The Aligos management team will also participate in virtual investor 1×1 meetings during the conference.

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The webcast of the pre-recorded presentation will be available starting November 22, 2021, 10:00 AM EST on the events section of the Aligos Website or by using the Webcast Registration Link. A replay will be available following the presentation for approximately 90-days.

Please contact your Piper Sandler representative to schedule virtual one-on-one meetings with Aligos during the conference. For more information about the Piper Sandler 33rd Annual Virtual Healthcare Conference, please refer to the Conference Website.

Clinical Data on Notable Predictive Precision Medicines Platform Presented at the 63rd ASH Annual Meeting

On November 22, 2021 Notable Labs, Inc. (Notable), a clinical-stage platform therapeutics company, reported two abstracts have been accepted for poster presentation at the 63rd American Society of Hematology (ASH) (Free ASH Whitepaper) Annual Meeting and Exposition (Press release, Notable Labs, NOV 22, 2021, View Source [SID1234595875]).

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"These two clinical projects provide further validation of the Notable predictive precision medicine platform. The exciting data advance our mission to design and deliver predictive precision medicines by matching treatments with precisely the patients who clinically respond to them," says Joe Wagner, PhD, Chief Scientific Officer of Notable.

The meeting will be held virtually and in person in Atlanta, GA, from December 11-14, 2021.

Abstract details:
Title: Ex Vivo Drug Sensitivity Assay Correlates with Clinical Response and Identifies Panobinostat and Bortezomib As a Potential Novel Drug Combination for Pediatric AML
Publication Number: 2361
Submission ID: 145275
Authors: Debbie Strachan, Ph.D. et al.
Session Name: 617. Acute Myeloid Leukemias: Biomarkers, Molecular Markers and Minimal Residual Disease in Diagnosis and Prognosis: Poster II
Poster Presentation Date and Time: Sunday, December 12, 2021, 6:00 PM-8:00 PM
Location: Georgia World Congress Center, Hall B5
Title: Prediction of Clinical Response to Venetoclax Plus Decitabine in AML Using a 7-Day Ex Vivo Assay
Publication Number: 3464
Submission ID: 148891
Authors: Markus Lacher, Ph.D. et al.
Session Name: 617. Acute Myeloid Leukemias: Biomarkers, Molecular Markers and Minimal Residual Disease in Diagnosis and Prognosis: Poster III
Poster Presentation Date and Time: Monday, December 13, 2021, 6:00 PM-8:00 PM
Location: Georgia World Congress Center, Hall B5
The posters will be available for viewing on December 11, 2021 at 9 a.m. ET and will be available on Notable’s website following their presentations.

For more details about the ASH (Free ASH Whitepaper) Annual Meeting please visit: View Source