Thermo Fisher Scientific and AstraZeneca to Co-Develop NGS-based Companion Diagnostics

On September 1, 2021 Thermo Fisher Scientific’s clinical sequencing business and AstraZeneca reported they will co-develop next-generation sequencing (NGS)-based companion diagnostics (CDx) to support AstraZeneca’s expanding portfolio of targeted therapies (Press release, Thermo Fisher Scientific, SEP 1, 2021, View Source [SID1234587231]). The companies will collaborate under a multiyear, global agreement.

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"As the pipeline of targeted therapies expands, the availability of diagnostic tools that can interrogate multiple biomarkers simultaneously will ensure patients can be matched with the right therapies more rapidly – this is the promise of precision medicine," said Garret Hampton, president of clinical next-generation sequencing and oncology at Thermo Fisher Scientific. "Introduction of diagnostic tools early in the process of drug development can further facilitate the success of companion diagnostic development – and that’s what we’re doing with AstraZeneca."

NGS-based companion diagnostics are increasingly used to match patients with new therapies for cancer and other diseases. More than 90 percent of AstraZeneca’s clinical pipeline, across all main areas from oncology, cardiovascular and renal to metabolic and respiratory disease, are targeted precision medicine therapies.

"Using the latest diagnostic science allows us to match the best treatment to the patient," said Ruth March, senior vice president, precision medicine and biosamples, AstraZeneca. "This collaboration with Thermo Fisher offers the technology, expertise and ability to decentralize CDx tests to local healthcare providers across our global markets, which will help us identify more patients around the world who may benefit from treatments and effective patient care."

Thermo Fisher currently offers the only globally distributable NGS CDx solution approved and reimbursed by government and commercial insurers in more than 15 countries, including the U.S., multiple European nations, Japan, South Korea and the Middle East, and covering more than 550 million lives globally.

To expand global access to a growing list of precision medicine therapies, in 2019 Thermo Fisher introduced the Ion Torrent Genexus System*, the first fully-integrated NGS platform featuring an automated specimen-to-report workflow that economically delivers results in a single day. The company’s complete NGS workflow, powered by Ion AmpliSeq technology, includes multiple solutions for solid tumor biomarkers and liquid biopsy testing.

*Currently for Research Use Only. Not for use in diagnostic procedures.

PROTHENA TO PARTICIPATE IN UPCOMING SEPTEMBER HEALTHCARE CONFERENCES

On September 1, 2021 Prothena Corporation plc (NASDAQ:PRTA), a late-stage clinical company with a robust pipeline of investigational therapeutics built on protein dysregulation expertise, reported that members of its senior management team will participate in the following September investor conferences (Press release, Prothena, SEP 1, 2021, View Source [SID1234587187]):

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Citi’s 16th Annual BioPharma Virtual Conference on Wednesday, September 8, a fireside chat will be held at 9:45 AM ET and a panel discussion titled "What’s Next for Neurodegenerative Diseases" will be held at 11:35 AM ET
H.C. Wainwright 23rd Annual Global Investment Conference, on Monday, September 13, a fireside chat will be available on demand starting at 7:00 AM ET
Cantor Global Healthcare Conference on Monday, September 27, a fireside chat will be held at 11:20 AM ET
A live webcast for all events can be accessed through the investor relations section of the Company’s website at www.prothena.com. Following the live presentation, a replay of the webcast will be available on the Company’s website for at least 90 days following the presentation date.

Biogen to Participate in the Morgan Stanley 19th Annual Global Healthcare Conference

On September 1, 2021 Biogen Inc. (Nasdaq: BIIB) reported that it will participate in a live Q&A at the Morgan Stanley 19th Annual Global Healthcare Conference (Press release, Biogen, SEP 1, 2021, View Source [SID1234587186]). The webcast will be live on Thursday, September 9, at 9:30 a.m. ET. To access the live webcast, please visit Biogen’s Investors section at investors.biogen.com. An archived version of the webcast will be available following the presentation.

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Arrowhead Pharmaceuticals to Participate in Upcoming September 2021 Conferences

On September 1, 2021 Arrowhead Pharmaceuticals Inc. (NASDAQ: ARWR) reported that it is scheduled to participate in the following upcoming events (Press release, Arrowhead Pharmaceuticals, SEP 1, 2021, View Source [SID1234587183]):

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Citi’s 16th Annual BioPharma Virtual Conference – September 8-10, 2021
September 9, 2021 – Arrowhead management will host a day of virtual investor meetings

HC Wainwright 23rd Annual Global Investment Conference – September 13-15, 2021
September 13, 2021 – Chris Anzalone, Ph.D., Arrowhead’s president and CEO, will participate in a fireside chat presentation

Baird’s 2021 Global Healthcare Conference – September 14-15, 2021
September 14, 2021, 4:55 p.m. ET – Vince Anzalone, CFA, Arrowhead’s vice president of investor relations, will participate in a fireside chat presentation

2021 Cantor Virtual Global Healthcare Conference – September 27-30, 2021
September 29, 2021, 9:20 a.m. ET – Chris Anzalone, Ph.D., Arrowhead’s president and CEO, will participate in a fireside chat presentation

A copy of the presentation materials and/or live webcast links may be accessed on the Events and Presentations page under the Investors section of the Arrowhead website.

MAX BioPharma receives a Direct-to-Phase II SBIR award from the NIH

On September 1, 2021 MAX BioPharma reported that it has been awarded an SBIR Direct-to-Phase II grant from the NIH (NIAMS) titled: "Therapeutic Development of Osteogenic Oxysterol, Oxy133, for Spine Fusion" (R44AR079335-01) (Press release, MAX BioPharma, SEP 1, 2021, View Source [SID1234587151]). With limited options on the market, the medical community is excited about the prospect of a safe, efficacious and less-costly product .

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