U.S. Department of Energy’s National Nuclear Security Administration Awards NorthStar Medical Radioisotopes $37 Million in Cooperative Agreement Funds to Further Domestic Molybdenum-99 (Mo-99) Production

On August 30, 2021 NorthStar Medical Radioisotopes, LLC, a global innovator in the development, production and commercialization of radiopharmaceuticals used for medical imaging and therapeutic applications, reported that it has been awarded $37 million in cooperative agreement funds with the U.S. Department of Energy’s National Nuclear Security Administration (DOE/NNSA) as part of an industry outreach initiative to establish reliable domestic molybdenum-99 (Mo-99) production without the use of highly enriched uranium (HEU) (Press release, NorthStar Medical Radiostopes, AUG 30, 2021, View Source [SID1234587024]). NorthStar will use funds from the award to complete its neutron capture technology program and continue development and expansion of its accelerator production program. Both projects support non-uranium based, environmentally friendly production of the important medical radioisotope Mo-99. DOE/NNSA will provide $16.3M in funding for the neutron capture project and $20.7M for the accelerator project. NorthStar will also be required to provide an equal amount of matching funds. The awards will also be used in continuing development of enhancements for the FDA-approved and commercially available RadioGenix System (technetium Tc-99m generator). The RadioGenix System uses reliable, domestic, non-uranium based Mo-99 to supply physicians and patients with technetium-99m (Tc-99m). Mo-99 is the parent radioisotope of Tc-99m, the most widely used medical imaging radioisotope, which is used to inform healthcare decisions for 40,000 U.S. patients daily.

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"NorthStar deeply appreciates these new cooperative agreement awards and this financial and technical support provided by DOE/NNSA."

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"NorthStar deeply appreciates these new cooperative agreement awards and this financial and technical support provided by DOE/NNSA," said Stephen Merrick, President and Chief Executive Officer. "NorthStar is the only commercialized U.S. producer of Mo-99, having provided reliable Mo-99/Tc-99m supply to the nation for nearly three years. We are proud to be the first and only company to achieve commercialized Mo-99 production through collaboration with DOE/NNSA to date. We are working aggressively to ensure sustainable domestic Mo-99 supply through dual production and processing hubs for additional capacity and scheduling flexibility. Funds from these cooperative agreements will be used for completion of our neutron capture technology program and Isotope Processing facility, for completing Phase 1 of our accelerator technology program and first Accelerator Production facility and progressing Phase 2 of the accelerator program. The funds will also support enhancements to the RadioGenix System to continue optimizing its utility with new technologies."

Mr. Merrick continued, "Previous DOE/NNSA awards to NorthStar have been instrumental to our successful efforts to provide the nuclear medicine community and the patients it serves with a reliable domestic supply of Mo-99 produced without highly enriched uranium. They have supported our development and approval of U.S.-produced, non-uranium Mo-99 and the RadioGenix System as well as the development of FDA-approved concentrated Mo-98 (cMo-98), which has enabled a near four-fold increase in our Mo-99 production capacity. Equipment for two facility expansions has been partially funded with DOE/NNSA cooperative awards to date. They include our Isotope Processing facility, which is near completion and which will more than double production capacity for Mo-99, and our first-of-its-kind Accelerator Production facility, which has been completed, and is now being fitted out with advanced production equipment. I also want to recognize the work that our partners at the University of Missouri Research Reactor (MURR) have done to help ensure that Mo-99/Tc-99m is available for radiopharmacies, healthcare providers, and, most importantly, patients."

DOE/NNSA supports the establishment of a reliable domestic supply of Mo-99 produced in the United States without the use of HEU, and with support from Congress, is providing several cooperative agreement awards under a recent Funding Opportunity Announcement. As with all DOE/NNSA cooperative agreements for domestic Mo-99 partners, DOE/NNSA matches NorthStar funding dollar for dollar. NorthStar was selected by DOE/NNSA based on the evaluations and recommendations of an independent Merit Review Panel. With inclusion of the current and past awards, NorthStar has been awarded a total of over $100 million in cooperative agreement funds by DOE/NNSA.

NorthStar has a strategic, multi-pronged approach to increasing Mo-99 radioisotope production capacity across several platforms," stated James T. Harvey, PhD, Senior Vice President and Chief Science Officer at NorthStar. "It includes our commercially utilized cMo-98 neutron capture process, and programs that are underway for addition of the use of electron beam accelerators, which is one of the most effective methods of producing Mo-99. Accelerator production will use commercially proven electron beam accelerators to "knock-off" a neutron from concentrated molybdenum-100 (Mo-100) to produce medically useful Mo-99. Like all of our Mo-99 processes, NorthStar’s Mo-99 accelerator production process is non-uranium based and environmentally friendly."

About DOE/NNSA

Established by Congress in 2000, NNSA is a semi-autonomous agency within the U.S. Department of Energy responsible for enhancing national security through the military application of nuclear science. NNSA maintains and enhances the safety, security, and effectiveness of the U.S. nuclear weapons stockpile without nuclear explosive testing; works to reduce the global danger from weapons of mass destruction; provides the U.S. Navy with safe and effective nuclear propulsion; and responds to nuclear and radiological emergencies in the U.S. and abroad. Visit energy.gov/nnsa for more information.

About the RadioGenix System (Technetium Tc- 99m Generator)

The RadioGenix System is an innovative, high tech separation platform that is approved for processing non-uranium based molybdenum-99 (Mo-99) for the production of the important medical radioisotope, technetium-99m (Tc-99m). Prior to availability of RadioGenix technology, the U.S. supply chain for Mo-99 has been subject to frequent and sometimes severe interruptions which negatively impact patient healthcare. Approved by the U.S. Food and Drug Administration (FDA) in 2018, the RadioGenix System is the first and only on-site, automated isotope separation system of its kind for use with non-uranium based Mo-99, designed to help alleviate shortage situations and expand domestic supply.

Indication and Important Risk Information about the RadioGenix System and Sodium Pertechnetate Tc 99m Injection USP

The RadioGenix System is a technetium Tc-99m generator used to produce Sodium Pertechnetate Tc 99m Injection, USP. Sodium Pertechnetate Tc 99m Injection is a radioactive diagnostic agent and can be used in the preparation of FDA-approved diagnostic radiopharmaceuticals.

Sodium Pertechnetate Tc 99m Injection is also indicated in

Adults for Salivary Gland Imaging and Nasolacrimal Drainage System Imaging (dacryoscintigraphy).
Adults and pediatric patients for Thyroid Imaging and Vesicoureteral Imaging (direct isotopic cystography) for detection of vesicoureteral reflux.
IMPORTANT RISK INFORMATION

Allergic reactions (skin rash, hives, or itching) including anaphylaxis have been reported following the administration of Sodium Pertechnetate Tc 99m Injection. Monitor all patients for hypersensitivity reactions.
Sodium Pertechnetate Tc 99m Injection contributes to a patient’s long-term cumulative radiation exposure. Ensure safe handling to protect patients and health care workers from unintentional radiation exposure. Use the lowest dose of Sodium Pertechnetate Tc 99m Injection necessary for imaging and ensure safe handling and preparation to protect the patient and health care worker from unintentional radiation exposure. Encourage patients to drink fluids and void as frequently as possible after intravenous or intravesicular administration. Advise patients to blow their nose and wash their eyes with water after ophthalmic administration.
Radiation risks associated with the use of Sodium Pertechnetate Tc 99m Injection are greater in children than in adults and, in general, the younger the child, the greater the risk owing to greater absorbed radiation doses and longer life expectancy. These greater risks should be taken firmly into account in all benefit-risk assessments involving children. Long-term cumulative radiation exposure may be associated with an increased risk of cancer.
Temporarily discontinue breastfeeding. A lactating woman should pump and discard breastmilk for 12 to 24 hours after Sodium Pertechnetate Tc 99m Injection administration.
Sodium Pertechnetate Tc 99m Injection should be given to pregnant women only if the expected benefits to be gained clearly outweigh the potential hazards.
Only use potassium molybdate Mo-99, processing reagents, saline and other supplies, including kit/packs, provided by NorthStar Medical Radioisotopes. Do not administer Sodium Pertechnetate Tc 99m Injection after the 0.15 microCi of Mo-99/mCi of Tc-99m limit has been reached or when the 24 hour expiration time from elution is reached, whichever occurs earlier. Follow step-by-step instructions for use provided in the Operator’s Guide, RadioGenix System 1.2.

IDEAYA Biosciences to Participate in Investor Conferences in September 2021

On August 30, 2021 IDEAYA Biosciences, Inc. (NASDAQ: IDYA), a synthetic lethality-focused precision medicine oncology company committed to the discovery and development of targeted therapeutics, reported its participation in investor conferences in September 2021 (Press release, Ideaya Biosciences, AUG 30, 2021, View Source [SID1234587022]).

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Citi’s 16th Annual BioPharma Virtual Conference
Yujiro Hata, Chief Executive Officer, will participate in a panel discussion entitled "Aiming for the Bull’s Eye – Latest Advances in Targeted Oncology" on Friday, September 10, 2021 at 9:45am ET. The panel discussion will be hosted by Yigal Nochomovitz, Ph.D. Director, Equity Research. The panelists include:

– Yujiro Hata, Chief Executive Officer, IDEAYA Biosciences
– Terry Rosen, Chief Executive Officer, Arcus Biosciences
– Jacob Chacko, Chief Executive Officer, ORIC Pharmaceuticals
– Avanish Vellanki, Chief Executive Officer, Rain Therapeutics
– Briggs Morrison, Chief Executive Officer, Syndax Pharmaceuticals

H.C. Wainwright 23rd Annual Global Investment Conference
Paul Stone, Chief Financial Officer, will present on Monday, September 13, 2021 at 7:00am ET

R. W. Baird 2021 Virtual Global Healthcare Conference
Fireside chat with Yujiro Hata, Chief Executive Officer hosted by Joel Beatty, M.D. C.F.A., Senior Research Analyst
Wednesday, September 15, 2021 at 4:20pm ET

2021 Cantor Virtual Global Healthcare Conference
Paul Stone, Chief Financial Officer, will present on Thursday, September 30, 2021 at 11:20am ET

A live audio webcast of each event will be available, as permitted by conference host, at the "Investors/News and Events/Investor Calendar" section of the IDEAYA website at View Source A replay of available webcasts will be accessible for 30 days following the live event.

I-Mab Announces Upcoming Participation at September Conferences

On August 30, 2021 I-Mab (the "Company") (Nasdaq: IMAB), a clinical stage biopharmaceutical company committed to the discovery, development and commercialization of novel biologics, reported its participation in the following conferences in September (Press release, I-Mab Biopharma, AUG 30, 2021, View Source [SID1234587021]). Details of the conferences and management presentations are as follows:

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Jefferies Asia Forum (Virtual)

One-on-one and small group meetings: September 9, 2021

Management participants: Dr. Jingwu Zang, Founder, Chairman and Director, Dr. Joan Huaqiong Shen, Director and Chief Executive Officer, Mr. Jielun Zhu, Director and Chief Financial Officer, Mr. Tianyi Zhang, Executive Director Investor Relations, Mr. Tyler Ehler, Senior Director Investor Relations and Phoebe Peng, Associate Director Investor Relations

For more information, please contact your Jefferies representative.

H. C. Wainwright 23rd Annual Global Investment Conference (Virtual)

Presentation: Monday, September 13, 2021 at 7:00 a.m. ET
Presenter: Mr. Jielun Zhu, Director and Chief Financial Officer

Webcast link: View Source The webcast will also be available under "Event Calendar" on IMAB’s IR website at View Source

One-on-one and small group meetings: September 13-15, 2021
Management participants: Dr. Jingwu Zang, Founder, Chairman and Director, Dr. Joan Huaqiong Shen, Director and Chief Executive Officer, Mr. Jielun Zhu, Director and Chief Financial Officer, Mr. Tianyi Zhang, Executive Director Investor Relations, Mr. Tyler Ehler, Senior Director Investor Relations and Phoebe Peng, Associate Director Investor Relations

For more information, please contact your H. C. Wainwright representative.

ICA China Biotech Corporate Access Day (Virtual)

One-on-one and small group meetings: September 23, 2021

Management participants: Dr. Jingwu Zang, Founder, Chairman and Director, Dr. Joan Huaqiong Shen, Director and Chief Executive Officer, Mr. Jielun Zhu, Director and Chief Financial Officer, Mr. Tianyi Zhang, Executive Director Investor Relations, Mr. Tyler Ehler, Senior Director Investor Relations and Phoebe Peng, Associate Director Investor Relations

For more information, please contact your ICA representative.

2021 Cantor Fitzgerald Global Healthcare Conference (Virtual)

Presentation: Monday, September 27, 2021 at 8:40 a.m. ET
Presenter: Mr. Jielun Zhu, Director and Chief Financial Officer

Webcast link: View Source The webcast will also be available under "Event Calendar" on IMAB’s IR website at View Source

One-on-one meetings: September 27-30, 2021
Management participants: Dr. Jingwu Zang, Founder, Chairman and Director, Dr. Joan Huaqiong Shen, Director and Chief Executive Officer, Mr. Jielun Zhu, Director and Chief Financial Officer, Mr. Tianyi Zhang, Executive Director Investor Relations, Mr. Tyler Ehler, Senior Director Investor Relations and Phoebe Peng, Associate Director Investor Relations

For more information, please contact your Cantor Fitzgerald representative.

VBL Therapeutics Resumes U.S. Enrollment in OVAL Phase 3 Trial as FDA Authorizes Clinical Use of VB-111 Batches Produced in Modiin Facility

On August 30, 2021 VBL Therapeutics (NASDAQ: VBLT) reported enrollment of new patients in VB-111 studies in the Unites States will resume immediately following authorization by the U.S. Food and Drug Administration (FDA) Chemistry, Manufacturing and Controls (CMC) Group to use new batches of ofranergene obadenovec (VB-111) produced in VBL’s commercial-scale GMP Modiin, Israel facility in clinical studies in the United States (Press release, VBL Therapeutics, AUG 30, 2021, View Source [SID1234587020]).

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In June, VBL was notified by the FDA that clearance of new VB-111 batches for clinical use in the United States was pending the completion of a technical review by the CMC group, which focused on the comparability of VB-111 manufacturing between different source sites. VBL prepared and submitted the requested data and documentation to the FDA in early August and the FDA has now provided clearance for VBL to use new batches of VB-111 produced in its commercial-scale facility located in Modiin, Israel. VBL has sufficient FDA-cleared batches and will resume patient recruitment in the OVAL trial in the United States.

The OVAL trial evaluating VB-111 in ovarian cancer is planned to enroll approximately 400 patients globally and nearly 80% of patients have already been recruited. The trial has two primary endpoints: progression free survival (PFS) and overall survival (OS). Successfully meeting either primary endpoint has the potential to support a biologics license application (BLA). Meeting the PFS endpoint, with a readout anticipated in the second half of 2022, could accelerate BLA submission by approximately one year, subject to discussions with the FDA, compared to original projections based on the readout of the OS primary endpoint that remains anticipated in 2023.

About VB-111 (ofranergene obadenovec; `ofra-vec`)
VB-111 is an investigational anti-cancer gene-therapy agent in development to treat a wide range of solid tumors. VB-111 is a unique biologic agent designed to use a dual mechanism to target solid tumors. Its mechanism combines the blockade of tumor vasculature with an anti-tumor immune response. VB-111 is administered as an IV infusion once every 6-8 weeks. It has been observed in past clinical research to be generally well-tolerated in >300 cancer patients and demonstrated activity signals in an "all comers" Phase 1 trial as well as in three tumor-specific Phase 2 studies. VB-111 has received orphan designation for the treatment of ovarian cancer by the European Commission. VB-111 has also received orphan drug designation in both the United States and Europe, and fast track designation in the United States, for prolongation of survival in patients with recurrent glioblastoma. VB-111 demonstrated proof-of-concept and survival benefit in Phase 2 clinical trials in radioiodine-refractory thyroid cancer and recurrent platinum-resistant ovarian cancer (NCT01711970).

About the OVAL Trial (NCT03398655)
OVAL (VB-111-701/GOG-3018) is an international Phase 3 randomized pivotal registration-enabling clinical trial comparing a combination of VB-111 and paclitaxel to placebo plus paclitaxel, in patients with platinum-resistant ovarian cancer. The trial is planned to enroll approximately 400 adult patients. OVAL is conducted in collaboration with the GOG Foundation, Inc., an independent international non-profit organization with the purpose of promoting excellence in the field of gynecologic malignancies.

Illumina To Webcast Upcoming Investor Conference

On August 30, 2021 Illumina, Inc. (NASDAQ: ILMN) reported that its executives will be speaking at the following investor conference (Press release, Illumina, AUG 30, 2021, View Source [SID1234587019]):

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Morgan Stanley 19th Annual Global Healthcare Conference on September 13, 2021
Fireside Chat at 11:00 am Pacific Time (2:00 pm Eastern Time)
The live webcast can be accessed under the Investor Info section of the "company" tab at www.illumina.com. A replay will be posted on Illumina’s website after the event and will be available for at least 30 days following.