QIAGEN forms strategic alliance with Sysmex Corporation for global cancer companion diagnostics development and commercialization using NGS and Plasma-Safe-SeqS technology

On July 1, 2021 QIAGEN (NYSE: QGEN; Frankfurt Prime Standard: QIA) reported a global strategic alliance with Japan’s Sysmex Corporation (Tokyo Stock Exchange, First Section [Ticker Code: 6869]) for the development and commercialization of cancer companion diagnostics, which will leverage both QIAGEN’s leadership in this field and Sysmex’s Plasma-Safe-SeqS technology for next generation sequencing (NGS) (Press release, Qiagen, JUL 1, 2021, View Source [SID1234586595]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

The alliance aims to foster collaborations with pharmaceutical companies for the development of drug treatments for cancer and promote early clinical adoption of ultra-sensitive liquid biopsy companion diagnostics. QIAGEN and Sysmex have a longstanding partnership, which, for example, provides the ipsogen JAK2 blood-cancer test in Japan. Cancer companion-diagnostics products will be launched by QIAGEN and Sysmex in various regions of the world.

Genetic analysis of tumors makes it possible to identify the genes responsible for the development and spread of a tumor and to target treatment accordingly. But the traditional analysis of solid tumors is constrained by their heterogeneity – varying concentrations of cancer cells, for example – and by sample availability. Liquid biopsy addresses these challenges and, in combination with sensitive NGS, allows the evaluation of patients at different points of their cancer treatment. It enables doctors to spot new anomalies and adjust treatments to make them more precise, and to develop novel targeted therapies.

"Combining QIAGEN’s global reach with Sysmex’s NGS capabilities is an important milestone in advancing the use of NGS technologies in clinical decision-making and is a testament to our shared vision of using this powerful technology to improve outcomes for patients worldwide," said Jean-Pascal Viola, Senior Vice President, Head of the Molecular Diagnostics Business Area and Corporate Business Development at QIAGEN. "This alliance will add strong NGS capabilities to our regulatory and clinical expertise and commercialization, and help our partners in the pharmaceuticals industry by expanding our strong position and product offering in companion diagnostics. We look forward to this alliance creating significant benefits for our pharma partners – and ultimately for treating patients."

"The alliance with QIAGEN promises Sysmex a great application for Sysmex’s Plasma-Safe-SeqS technology, which can detect gene mutations of cancer in blood with ultra-high sensitivity. We believe that QIAGEN is the best for Sysmex to expand this globally," said Hiroshi Kanda, Member of the Managing Board and Senior Executive Officer, Head of Corporate Business Development at Sysmex.

QIAGEN is a pioneer in precision medicine. It is the global leader in collaborating with pharmaceuticals and biotechnology companies to co-develop companion diagnostics that detect genetic abnormalities and guide clinical decision-making. QIAGEN has an unmatched breadth and depth of technologies – from NGS to polymerase chain reaction (PCR) – for companion-diagnostics development. QIAGEN’s portfolio includes ten PCR-based companion-diagnostics products that are approved by the FDA. They include therascreen EGFR for non-small cell lung cancer, therascreen KRAS for colorectal cancer and NSCL (including the G12C mutation), therascreen FGFR for urothelial cancer, therascreen PIK3CA for breast cancer based on tissue or plasma samples, and the therascreen BRAF kit for colorectal cancer.

QIAGEN has master collaboration agreements with more than 25 companies to develop and commercialize companion diagnostics for drugs in development – a pipeline of potential products to advance precision medicine and benefit patients. QIAGEN has partnered with Illumina to broaden the use of NGS-based companion and other in-vitro diagnostics (IVD) kits in patient management.

Ensysce Biosciences to Commence Trading on the OTC on July 1, 2021

On July 1, 2021 Ensysce Biosciences, Inc. ("Ensysce" or the "Company") (OTC: LACQ, LACQW) reported that, in connection with the closing of its previously announced merger with Leisure Acquisition Corp. ("LACQ"), the combined company, Ensysce Biosciences, Inc., will commence trading its common stock and warrants under the ticker symbols "LACQ" and "LACQW," respectively, on the OTC Market on July 1, 2021 (Press release, Ensysce Biosciences, JUL 1, 2021, View Source [SID1234585503]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

As previously announced, the merger was approved by LACQ’s shareholders on June 28, 2021 and closed on June 30, 2021. The Company will announce further trading information at a later time.

Ensysce Biosciences to Begin Trading its Common Stock on The Nasdaq Capital Market on July 2, 2021

On July 1, 2021 Ensysce Biosciences, Inc. ("Ensysce" or the "Company") (NASDAQ: ENSC, OTC: ENSCW) reported that the Company will begin trading its common stock under the ticker symbol "ENSC" on The Nasdaq Capital Market and warrants under the ticker symbol "ENSCW" on the OTC Market on July 2, 2021 (Press release, Ensysce Biosciences, JUL 1, 2021, View Source [SID1234585502]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

As previously announced, the Company closed its merger with Leisure Acquisition Corp. ("LACQ") on June 30, 2021, which was approved by LACQ’s shareholders on June 28, 2021.

Hubro Therapeutics raises 61.5 million NOK in funding

On July 1, 2021 Hubro Therapeutics, a clinical stage company advancing a pipeline of proprietary peptide cancer vaccines, reported that successful closing of a private placement that will allow the company to initiate clinical development of its lead product candidate FMPV-1 targeting TGFbR2 neo-antigen present in colorectal-, stomach and endometrial-cancer (Press release, Hubro Therapeutics, JUL 1, 2021, View Source [SID1234584938]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

Hubro Therapeutics announced today that the company has raised 61,5 million NOK (≈6,5 mill.euro) in a heavily oversubscribed financing round backed by existing investors Jandersen Kapital, Investinor, RADFORSK Investeringsstiftelse, Algot Invest and others. The company is grateful for existing shareholders’ continued belief in the company. The company also welcomed new investors, most notably Canica Holding AG who was offered about fifty percent of the newly issued shares.

Shuwen Biotech and Stella Maris Medical Alerts LDA Announce Partnership to Commercialize Uromonitor® in China

On July 1, 2021 Shuwen Biotech reported that a partnership between the two companies for commercializing in China Uromonitor, a proprietary molecular test for detecting bladder cancer and monitoring bladder cancer recurrence through a non-invasive method (Press release, Shuwen Biotech, JUL 1, 2021, View Source [SID1234584752]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

Under the terms of the agreement, Shuwen will distribute Uromonitor and offer testing services with Uromonitor in its CAP-accredited clinical labs in China.

Uromonitor is a CE-certified novel urine-based test for non-muscle invasive bladder cancer. It can be used for detecting the tumor in patients under recurrence surveillance or suspected of bladder cancer (e.g. hematuria), ancillary to cystoscopy and urine cytology. It has been validated in multicenter studies and exhibits high sensitivity and specificity.

"We are pleased to take on Uromonitor in China to offer bladder cancer patients and their physicians an innovative and accurate test for early diagnosis and early detection of cancer recurrence," commented Jay Z. Zhang, Chairman and CEO of Shuwen Biotech. "Uromonitor also adds to our growing portfolio of cancer testing products. And this partnership is another step towards our goal of benefiting patients with a full menu of the most innovative diagnostic tests for disease prevention, diagnosis and personalized treatment."

André Caldeira, VP of Stella Maris Medical Alerts, commented: "We are pleased to partner with Shuwen, a leading innovative diagnostic company in China. The collaboration with Shuwen provides us access to the Chinese market allowing Uromonitor to benefit Chinese patients. We hope that in the near future we will be able to drastically reduce cystoscopies in China."