IMV Appoints Andrew Hall as Chief Executive Officer

On December 22, 2021 IMV Inc. (NASDAQ: IMV; TSX: IMV), ("IMV" or "the Company"), a clinical-stage company developing a portfolio of immune-educating therapies based on its novel DPX platform to treat solid tumors and blood cancers, reported that its Board of Directors has appointed Andrew Hall to the role of Chief Executive Office and Director of the Board, effective January 1, 2022 (Press release, IMV, DEC 22, 2021, View Source [SID1234597592]).

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"On behalf of the Board and the Company, I congratulate Andrew on his appointment to the Chief Executive Officer role. Over the last 5 months, Andrew has demonstrated strong leadership and refocused the Company to capitalize on its strengths in immuno-oncology, as well as a strategy designed to fully realize IMV’s clear potential," said Andy Sheldon, Chairman of IMV’s Board of Directors. "The Board and I thank Andrew for his hard work as interim CEO, during which time he gained the trust of both external stakeholders and the Company’s employees. Andrew has proven he is the right person to lead the Company at this key point in IMV’s development."

"I am very pleased to be named Chief Executive Officer and look forward to delivering on the promise of our technology," said Mr. Hall, Chief Executive Officer of IMV. "There is significant potential for IMV and the DPX platform to deliver differentiated therapies to treat a broad range of cancers. IMV is ending 2021 in a strong position. We have achieved our recent milestones, which included compelling clinical and translational data in two Phase 2 trials; initiated several new trials in the last month; and have submitted our Phase 2b protocol for our ovarian cancer program to the FDA. We have also lengthened our financial runway and are well-positioned to execute upon our vision for IMV as we move into 2022."

"I would like to thank the Board for its confidence in me to create value for all of our stakeholders and to help change patients’ lives for the better," Mr. Hall concluded.

Xspray Pharma enters Manufacturing Agreement with NerPharMa for its lead product candidate; HyNap-Dasa

On December 21, 2021 Xspray Pharma AB, a specialty pharmaceutical company, reported that it has signed a Manufacturing and Supply Agreement with NerPharMa S.r.l., a pharmaceutical manufacturing company in Milan, Italy, to manufacture its lead product candidate HyNap-Dasa (Press release, Xspray, DEC 21, 2021, View Source [SID1234649533]). The agreement covers the clinical and world-wide commercial supply of HyNap-Dasa, and includes production of both drug substance and the finished product. HyNap-Dasa is one of three product candidates that Xspray currently has under development. The company’s goal is to launch HyNap-Dasa in the US-market in 2021.
Under the terms of the agreement, Xspray has contracted NerPharMa to manufacture drug substance and the finished product to supply material for clinical programs and for future world-wide commercial sales. Xspray is developing HyNap-Dasa both as a completely interchangeable variant of Sprycel to be registered in the United States by the Abbreviated New Drug Application (ANDA) route or as an improved product by the 505(b)(2) procedure. NerPharMa is a pharmaceutical manufacturing company and a subsidiary of Nerviano Medical Sciences S.r.l., Milan, Italy.

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NerPharMa’s GMP manufacturing facility is approved by both the Italian Medicines Agency (AIFA), the national authority responsible for drug regulation in Italy, and the U.S. Food and Drug Administration (FDA).

"This contract is a significant step in our development of HyNap-Dasa," said Per Andersson, CEO of Xspray Pharma. "We are pleased to have secured access to GMP production of drug substance and finished product for our continued clinical program as well as to GMP quantities of HyNap-Dasa for future commercial activities in an US FDA approved manufacturing facility."

"We are pleased to be working with Xspray Pharma to manufacture and provide finished product for their investigational and commercial needs," said Angelo Colombo, CEO of NerPharMa.

Aptamer Science “Development of proprietary ApDC linker technology”

On December 21, 2021 Aptamer Science, a company specializing in aptamer platforms, reported that it has completed the development of its own linker technology to be applied to an aptamer-based drug delivery platform (Aptamer Drug conjugate (ApDC)) and has applied for domestic and PCT patents (Press release, Aptamer Sciences, DEC 21, 2021, View Source;idx=271 [SID1234641628]).

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The linker technology developed this time is a dendrimer-type molecular structure that can load multiple payloads, and the number of loaded payloads can be adjusted depending on the number of branched branches.

The junction site with the aptamer is also designed to enable a click reaction mediated by a simple thiol group, which can further improve ApDC production and pharmacological efficacy.

ApDC technology, due to the nature of the aptamer structure, had to limit the drug loading location to the end, which also limited the number of drugs.

The company explains that through the development of this technology, the drug-aptamer ratio (DApR) can be increased by loading the desired amount of drug into ApDC.

An Aptamer Science official said, "In the case of antibody-drug conjugate (ADC) technology, aggregation occurs due to increased hydrophobicity when introducing multiple payloads, which has a significant impact on manufacturing and stability.

"In order to solve this problem, when introducing a hydrophilic group such as PEG, there was a difficulty in making the manufacturing process complicated," he said. "Because the aptamer material itself shows high hydrophilicity,

"It is possible to manufacture stable ApDC with a high drug loading rate using a simple linker without introducing additional functional groups."

The developed branched linker-payload technology is being applied to various ApDCs being developed by the company, such as CD25 and Trop2.

In addition, we plan to introduce it in the development of follow-up technologies, such as targeting immunostimulants (STING, TLR7/8) and targeting delivery of therapeutic radionuclides.

ADC, in which global big pharma companies are investing recently, is emerging as a technical limitation due to side effects such as interstitial lung disease (ILD) and complex manufacturing processes.

ApDC’s advantages over ADC include high cancer tissue penetration, low side effects, and high stability.

Go to article: Aptamer Science "Development of proprietary ApDC linker technology"

Precision BioSciences Completes Spin-Out of Elo Life Systems

On December 21, 2021 Precision BioSciences, Inc. (Nasdaq: DTIL), a clinical stage biotechnology company developing ex vivo allogeneic CAR T therapies and in vivo therapies with its ARCUS genome editing platform, reported that it has entered into an agreement with a syndicate of investors led by ACCELR8 to separate its wholly owned Elo Life Systems subsidiary and create an independent food and agriculture business (Press release, Precision Biosciences, DEC 21, 2021, View Source [SID1234597581]).

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"The separation of Precision BioSciences and Elo Life Systems was an important 2021 corporate imperative intended to enable operational success for both companies going forward," said Michael Amoroso, Chief Executive Officer of Precision BioSciences. "Elo is now a separate food and agriculture business, with independent financial resources and focused core capabilities to support its essential mission to improve human health and wellness through food. In parallel, this transaction enables Precision to focus exclusively on human therapeutics and leverage the unique attributes of ARCUS to develop a potential new class of off-the-shelf CAR T products for cancer and in vivo gene editing therapies for patients with genetic diseases."

Pursuant to the agreement, Precision BioSciences contributed substantially all assets and liabilities of Elo Life Systems to a new entity in which Precision maintains an equity stake. All employees of Elo, including its management, transitioned to the new company as part of the agreement.

CSTONE ANNOUNCED NEW DRUG APPROVAL OF CEJEMLY® (SUGEMALIMAB) IN CHINA TO POTENTIALLY RESHAPE THE LANDSCAPE OF IMMUNO-ONCOLOGY THERAPY IN LUNG CANCER

On December 21, 2021 CStone Pharmaceuticals (the "Company" or "CStone") reported that the National Medical Products Administration ("NMPA") of China has approved the new drug application ("NDA") of anti-PD-L1 monoclonal antibody Cejemly (sugemalimab) in combination with chemotherapy for treatment-naïve metastatic (stage IV) non-small cell lung cancer ("non-small cell lung caner" or "NSCLC") patients (Press release, CStone Pharmaceauticals, DEC 21, 2021, View Source [SID1234597560]).

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Key Highlights

Anti-PD-L1 monoclonal antibody Cejemly approved in combination with pemetrexed and carboplatin as first-line treatment of patients with metastatic nonsquamous NSCLC, with no EGFR or ALK genomic tumor aberrations; and in combination with paclitaxel and carboplatin as first-line treatment of patients with metastatic squamous NSCLC.
It is the first anti-PD-L1 plus chemotherapy approved for the first-line treatment of metastatic non-squamous and squamous NSCLC patients worldwide.
The NDA of Cejemly in stage III NSCLC is under regulatory review, and the product has the potential to provide an anti-PD-L1 monoclonal antibody option for both stage III and stage IV non-small cell lung cancer patents in the future.
Cejemly is CStone’s third new drug approval in China in 2021, following two first-in-class precision medicines GAVRETO and AYVAKIT.
Globally, the incidence of lung cancer continues to rise, and it is still the leading cause of cancer death worldwide, with huge unmet medical needs. According to statistics, there were 2.21 million new lung cancer cases worldwide in 2020. NSCLC accounts for about 85% of all lung cancer cases, and about 66% of patients are diagnosed with stage III/IV NSCLC. According to IQVIA’s Global Oncology Trends, the size of global oncology drug market is estimated to reach US$269 billion by 2025, of which immuno-oncology drugs will contribute about 20%.

Dr. Frank Jiang, Chairman and CEO of CStone, said: "Cejemly is our third approved new drug in China this year. This further demonstrates CStone’s ability and track record in developing and commercializing high-quality new drugs. As a drug supported by China’s national science innovation program, Cejemly is a globally leading anti-PD-L1 monoclonal antibody. We will work closely with Pfizer to leverage resources and advantages of both sides to accelerate commercialization so that more Chinese patients can benefit from this innovative therapy soon."

Professor Caicun Zhou, Principal Investigator of the GEMSTONE-302 registrational phase III clinical study of Cejemly and Director of the Department of Oncology, Shanghai Pulmonary Hospital, said, "The latest data show that Cejemly plus chemotherapy further prolonged progression-free survival ("PFS") of treatment-naïve patients with stage IV NSCLC. Compared with chemotherapy alone, Cejemly plus chemotherapy demonstrated durable survival benefits with lower toxicity and immunogenicity risks. With a unique dual mechanism of action, Cejemly mobilizes both T cells and macrophages to destroy tumor cells. Therefore, Cejemly is expected to reshape the landscape of lung cancer treatment."

Dr. Jason Yang, Chief Medical Officer of CStone, said, "We are thrilled that Cejemly has been approved in Mainland China. It took only four years for Cejemly to obtain the first NDA approval in lung cancer from the initiation of the phase I clinical trial in humans. It comprehensively showcased CStone’s robust clinical strategy, innovative trial design and rapid execution, while once again demonstrating the ‘CStone Speed’. We will continue to work with our partner to pursue regulatory discussions for Cejemly on the NDAs of stage III and stage IV NSCLC with regulators in multiple countries and regions, including the U.S. Food and Drug Administration, and bring this innovative immunotherapy to more lung cancer patients soon. We will also continue to advance the registrational studies of Cejemly in esophageal squamous cell carcinoma, gastric cancer, relapsed/refractory extranodal natural killer/T-cell lymphoma, to benefit more cancer patients."

The NMPA approval is based on the positive data of GEMSTONE-302 study, a multi-center, randomized, double-blind, phase III study that evaluated the efficacy and safety of Cejemly or placebo in combination with chemotherapy in first-line stage IV NSCLC patients. Compared with placebo plus chemotherapy, Cejemly plus chemotherapy lowered the risk of disease progression or death by 52%, significantly prolonged the patients’ PFS and an encouraging trend in overall survival ("OS") was observed. The clinical benefit was irrespective of NSCLC pathologies and PD-L1 expression levels. Cejemly has a well-tolerated safety profile, and no new safety signals were found.

Apart from the approved indication, the NMPA accepted the NDA of Cejemly as consolidation therapy in patients with unresectable stage III NSCLC without disease progression after concurrent or sequential chemoradiotherapy in September 2021. The product has the potential to become an anti-PD-L1 monoclonal antibody approved to cover stage III and stage IV NSCLC in all-comer settings.

About Cejemly (sugemalimab)

The potential best-in-class anti-PD-L1 monoclonal antibody Cejemly (sugemalimab) is an investigational anti-PD-L1 monoclonal antibody discovered by CStone. Authorized by the U.S.-based Ligand Corporation, Cejemly is developed by the OmniRat transgenic animal platform, which can generate fully human antibodies in one stop. As a fully human, full-length anti-PD-L1 monoclonal antibody, Cejemly mirrors the natural G-type immunoglobulin 4 (IgG4) human antibody, which reduces the risk of immunogenicity and potential toxicities in patients, a unique advantage over similar drugs.

Currently, the China NMPA has approved the potential best-in-class anti-PD-L1 monoclonal antibody Cejemly in combination with chemotherapy for the treatment of treatment-naïve patients with stage IV NSCLC. In addition, Cejemly is being investigated in a number of ongoing clinical trials, including one Phase II registrational study for lymphoma and four Phase III registrational studies in stage III NSCLC, stage IV NSCLC, gastric cancer, and esophageal cancer, respectively.

CStone formed a strategic collaboration agreement with Pfizer that includes the development and commercialization of Cejemly in mainland China, and a framework to bring additional oncology assets to the Greater China market.

About the GEMSTONE-302 Study

The GEMSTONE-302 study (ClinicalTrials.gov registration number: NCT03789604; drug clinical trial registration number: CTR20181452) is a randomized, double-blind Phase III study, designed to evaluate the efficacy and safety of anti-PD-L1 monoclonal antibody Cejemly combined with chemotherapy as the first-line treatment in treatment-naïve patients with stage IV NSCLC vs. placebo combined with chemotherapy. The primary endpoint of the study was investigator-assessed PFS. Secondary endpoints included OS, BICR-assessed PFS and safety, etc.

In August 2020, the GEMSTONE-302 study met its primary endpoint of significantly prolonged PFS, with the risk of disease progression or death reduced by 50% with Cejemly combined with chemotherapy compared to placebo combined with chemotherapy, as assessed by iDMC at the planned interim analysis. Specific study data were presented in a Proffered Paper Oral Presentation (Late-Breaking Abstract) at the ESMO (Free ESMO Whitepaper) Asia 2020.

In July 2021, the final analysis of PFS from the GEMSTONE-302 study showed that Cejemly in combination with chemotherapy demonstrated further improvement in PFS and the risk of disease progression or death was reduced by 52%, together with a trend of OS benefits. Data were presented in a Mini Oral Presentation (Late-Breaking Abstract) at the IASLC 2021 World Conference on Lung Cancer.