Eureka Therapeutics Announces Initiation of Phase I/II ARYA-2 Clinical Trial of ET140203 ARTEMIS® T Cells to Treat Pediatric Liver Cancer

On November 17, 2021 Eureka Therapeutics, Inc., a clinical-stage biotechnology company developing novel T-cell therapies to treat solid tumors, reported the initiation of ARYA-2, a Phase I/II open-label, dose escalation clinical trial of ET140203 ARTEMIS T-cell therapy in pediatric patients with relapsed or refractory hepatoblastoma (HB), hepatocellular neoplasm not otherwise specified (HCN-NOS), or hepatocellular carcinoma (HCC) (Press release, Eureka Therapeutics, NOV 17, 2021, View Source [SID1234595745]). The Phase I portion of the ARYA-2 study is now open for enrollment at Dana-Farber/Boston Children’s Cancer and Blood Disorders Center.

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"Relapsed or refractory pediatric liver cancers are rare, have limited treatment options, and remain difficult to treat," said Dr. Allison F. O’Neill, Clinical Director of the Solid Tumor Program, Director of Medical Therapies of the Liver Tumor Center of Excellence at Dana-Farber/Boston Children’s, and principal investigator of the clinical trial. "Engineered T-cell therapies have the potential to transform the outcome of patients with difficult-to-treat liver cancers. We are thrilled to work with Eureka Therapeutics and initiate a trial of ET140203 T-cell therapy for pediatric and adolescent patients with relapsed or refractory liver tumors."

The ARYA-2 trial is part of Eureka’s liver cancer program portfolio and is being run in parallel with Eureka’s ongoing ARYA-1 and ARYA-3 trials to evaluate ARTEMIS T cells in adult patients with HCC. With ARYA-1, ET140203 ARTEMIS T cells target an alpha fetoprotein (AFP)-peptide/HLA-A2 complex found on liver cancer cells. With ARYA-3, ECT204 ARTEMIS T cells target the Glypican 3 (GPC3) protein found on liver cancer cells.

"Eureka recognizes the highly unmet medical need in treating pediatric patients with advanced liver cancers," said Dr. Cheng Liu, President and CEO of Eureka Therapeutics. "We are pleased to be working with Dana-Farber to address it by bringing ARTEMIS T-cell therapies to patients in the clinics."

The US. Food and Drug Administration (FDA) has granted ET140203 Fast Track Designation for the treatment of HB and HCC in pediatric patients, and Rare Pediatric Disease Designation (RPDD) for the treatment of HB.

ABOUT THE FDA FAST TRACK AND RPDD DESIGNATIONS

The FDA’s Fast Track Designation facilitates and expedites the development and review of new drugs intended to treat serious or life-threatening diseases or conditions with unmet medical needs. Fast Track Designation allows early and frequent communication between the FDA and the company to expedite development, review, and potential marketing application of ET140203.

The FDA’s Rare pediatric disease designation is designed to encourage the development of drug candidates addressing serious or life-threatening rare diseases or conditions in children. Under the FDA’s Rare Pediatric Disease Priority Review Voucher program, a sponsor who receives approval for a drug candidate of such designation may qualify for a voucher that can be redeemed to receive a priority review of a subsequent marketing application for a different product.

ABOUT THE CLINICAL TRIAL AND ET140203

The ARYA-2 study is an open-label, dose escalation, multi-center, Phase I/II clinical trial designed to assess the safety/tolerability and preliminary efficacy of ET140203 T cells in pediatric subjects who are AFP-positive/HLA-A2-positive and have relapsed/refractory HB, HCN-NOS, or HCC. Additional information about Eureka’s Phase I/II study may be found at ClinicalTrials.gov, using Identifier NCT: NCT04634357.

ET140203 is an investigational therapy during which a patient’s T cells are collected, engineered to express Eureka’s proprietary ARTEMIS cell receptor and infused back into the patient. Engineered ET140203 T cells express a TCR-mimic antibody to target an alpha fetoprotein (AFP)-peptide/HLA-A2 complex on liver cancer cells. In addition, ET140203 ARTEMIS T cells also incorporate Eureka’s proprietary tumor infiltration technology demonstrating enhanced ability to infiltrate solid tumors in animal models, potentially leading to improved efficacy in patients.

Castle Biosciences Named in Inc.’s First-Annual Best-Led Companies

On November 17, 2021 Castle Biosciences, Inc. (Nasdaq: CSTL), a company applying innovative diagnostics to transform disease management and improve patient outcomes, reported that it has been named in Inc.’s first-annual Best-Led Companies list, a select, data-driven list of the very strongest U.S. firms with revenue of $50 million to $2 billion (Press release, Castle Biosciences, NOV 17, 2021, View Source [SID1234595744]).

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"This inaugural list of companies represents the remarkable midsized companies, both public and private, often founder-led, that are at the vanguard of reinventing American business," says Scott Omelianuk, editor-in-chief of Inc. magazine. "With their leadership, all business will benefit from an exciting, competitive future full of possibilities."

"At Castle, our commitment to improving patients’ lives through innovative diagnostics is what drives us forward; it is a passion that has ignited a strong purpose in our business since our founding," said Derek Maetzold, president and chief executive officer of Castle Biosciences. "Being ranked in Inc.’s inaugural Best-Led Companies list is an honor and affirms that we have built our business on a solid foundation that we believe will drive sustainable growth for years to come."

The list recognizes 250 companies that are agile enough to maneuver but also big enough to have a broad impact. These companies employ 35 million people, about one of four U.S. workers. All 250 have a successful track record with leadership teams that spur solid performance, create value, penetrate markets, engage with customers and more.

Applicants were analyzed via an algorithm that identified the strongest companies based on accomplishments in four key areas: performance and value creation; market penetration and customer engagement; talent; and leadership team.

To compile the list, Inc. evaluated private and public U.S.-based companies with a 2020 revenue of $50 million to $2 billion or a valuation of $50 million to $10 billion using a proprietary 14-point measure of management excellence generated with input from partners at Pitchbook and Shango Labs.

To see the complete list, go to: View Source

Avenue Therapeutics Announces Exercise and Closing of Underwriter’s Over-Allotment Option

On November 17, 2021 Avenue Therapeutics, Inc. (the "Company") (NASDAQ: ATXI), a company focused on the development of intravenous ("IV") tramadol for the U.S. market, reported that the underwriter of its previously announced underwritten public offering has exercised, in full, its option to purchase an additional 292,018 shares of common stock at a price of $1.34 per share (Press release, Avenue Therapeutics, NOV 17, 2021, View Source [SID1234595743]). Total gross proceeds to the Company from the offering, including the funds received from the prior closing and exercise of this option, are approximately $3 million, before deducting underwriting discounts, commissions, and other offering expenses payable by the Company.

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Aegis Capital Corp. acted as the sole book-running manager for the offering.

The offering was made pursuant to a registration statement on Form S-3 (File No. 333-259850) previously filed with and declared effective by the Securities and Exchange Commission (the "SEC"). A final prospectus and accompanying registration statement relating to the offering were filed with the SEC and are available on the SEC’s website at www.sec.gov.

A copy of the final prospectus and accompanying registration statement relating to the offering may be obtained by contacting Aegis Capital Corp., Attention: Syndicate Department, 810 7th Avenue, 18th floor, New York, NY 10019, by email at [email protected], or by telephone at (212) 813-1010.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Agenus to Participate in 4th Annual Evercore ISI HealthCONx Conference

On November 17, 2021 Agenus Inc. (NASDAQ: AGEN), an immuno-oncology company with an extensive pipeline of checkpoint antibodies, adjuvants, and vaccines designed to activate immune response to cancers and infections, reported that Dr. Garo Armen, Chairman and Chief Executive Officer of Agenus and Dr. Steven O’Day, Chief Medical Officer, will participate in a fireside chat hosted by Evercore on Tuesday, November 30th, 2021 at 1:50 PM EST (Press release, Agenus, NOV 17, 2021, https://investor.agenusbio.com/news-releases/news-release-details/agenus-participate-4th-annual-evercore-isi-healthconx-conference [SID1234595742]).

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Registration can be completed in advance at: View Source

A replay will be available after the call on the Events & Presentations page of the Agenus website at View Source

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

On November 17, 2021 DiaMedica Therapeutics Inc. (Nasdaq: DMAC), a clinical-stage biopharmaceutical company focused on developing novel treatments for neurological disorders and kidney diseases, reported that Rick Pauls, President and CEO, will participate in a fireside chat at the upcoming Piper Sandler 33rd Annual Virtual Healthcare Conference. Management will also be available for one-on-one meetings (Press release, DiaMedica, NOV 17, 2021, View Source [SID1234595741]).

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A recording of the presentation will be available beginning on Monday, November 22, 2021, at 10:00a.m. Eastern Time. Interested parties may access the presentation in the "Investors" section of the company’s website at View Source