Merck KGaA, Darmstadt, Germany Enters Collaboration and Option to License Agreement with Nerviano Medical Sciences to Develop Next-Generation PARP1 Selective Inhibitor

On September 21, 2022 Merck KGaA, Darmstadt, Germany, a leading science and technology company, reported a collaboration agreement with licensing option with Nerviano Medical Sciences S.r.l. (NMS) for the next-generation highly selective and brain-penetrant PARP1 (poly (ADP-ribose) polymerase) inhibitor, NMS-293 (Press release, Merck KGaA, SEP 21, 2022, View Source [SID1234621312]). NMS-293 has strong potential in combination with a wide variety of DNA-damaging agents, including systemic or targeted chemotherapy (Antibody-Drug Conjugates) or with DNA damage response inhibitors, in numerous tumor types. NMS-293 is in early clinical development for the treatment of patients with BRCA-mutated tumors as a single agent and in combination with temozolomide in recurrent glioblastoma.

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"Building on the therapeutic impact that PARP inhibitors have had over the last several years, we believe this new PARP1 program, if successful, could fill a significant unmet need for patients unresponsive to existing PARP inhibitors with an improved hematological adverse event profile," said Victoria Zazulina, M.D., Head of Development Unit, Oncology, for the Healthcare business of Merck KGaA, Darmstadt, Germany. "The work of NMS to discover and advance this next generation PARP1 selective inhibitor coupled with our deep expertise in developing therapies which modify DNA damage response mechanisms, creates a strong foundation to further develop this investigational therapy for patients."

PARP is key in the repair of DNA damage, and PARP inhibitors have been shown to be highly efficacious in the treatment of patients with tumors deficient in homologous recombination repair, such as breast, ovarian, prostate and pancreatic cancers with BRCA-mutations.

Under the current agreement, Merck KGaA, Darmstadt, Germany will make early payments (up-front and option exercise fees) of up to $65 million to NMS. Furthermore, NMS will receive payments for the achievement of certain development, regulatory and commercial milestones and tiered royalties on net sales by Merck KGaA, Darmstadt, Germany. Upon exercise of the option, NMS will grant to Merck KGaA, Darmstadt, Germany the exclusive rights to research, develop, manufacture, and commercialize NMS-293.

During the option period, NMS and Merck KGaA, Darmstadt, Germany will collaborate on the clinical development of NMS-293, with NMS designing, sponsoring, conducting, and funding global clinical trials.

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About NMS-293
NMS-293 is an orally available small molecule inhibitor of PARP1 and is currently in early clinical development for the treatment of patients with BRCA mutated tumors as single agent and with recurrent Glioblastoma (GBM), a brain tumor with very high medical need, in combination with temozolomide (TMZ).

Provectus Biopharmaceuticals Announces Exclusive License Option Agreement with Ophthalmic Biophysics Center of Bascom Palmer Eye Institute at University of Miami for Treatment of Eye Infections

On September 21, 2022 Provectus (OTCQB: PVCT) reported that the Company has entered into an option agreement with the University of Miami (UM) for an exclusive worldwide license of intellectual property developed by the Ophthalmic Biophysics Center (OBC) of Bascom Palmer Eye Institute (BPEI), which is part of the UM Health System, for the use of OBC’s photodynamic antimicrobial therapy (PDAT) medical device in combination with Provectus’ proprietary pharmaceutical-grade rose bengal for the treatment of bacterial, fungal, and viral infections of the eye (Press release, Provectus Biopharmaceuticals, SEP 21, 2022, View Source [SID1234621311]). The Company also initiated a sponsored research program with OBC to investigate Provectus’ rose bengal for the treatment of infectious keratitis.

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Established in 1970 by BPEI founding director Edward W.D. Norton, MD and Jean-Marie Parel, IngETS-G, PhD, FARVO, OBC performs translational eye care research in all areas of ophthalmology, from the retina and vitreous to the cornea, glaucoma, cataracts, neuro-ophthalmology, and ocular oncology. OBC has developed more than 350 surgical instruments and clinical devices to date.

Dominic Rodrigues, Vice Chair of the Company’s Board of Directors said, "Provectus is pleased to advance its collaboration with OBC director Dr. Parel, Dr. Guillermo Amescua, MD, a board-certified ophthalmologist and director of Bascom Palmer’s Ocular Surface Center, and the entire OBC team to now include this important option-to-license step. OBC’s innovative and comprehensive work on rose bengal PDAT has, among other things, shown in vitro activity against multiple etiologies of microbial keratitis1,2,3,4,5, including drug-resistant strains3,6, established in vivo safety7, demonstrated in vitro superiority over riboflavin PDAT8,9, and achieved clinical proof-of-concept for the treatment of infectious keratitis10,11."

Mr. Rodrigues added, "OBC’s clinical work in ophthalmology, Provectus’ clinical trials in oncology and dermatology, and the Company’s wide-ranging preclinical work in hematology, infectious diseases, animal health, tissue regeneration and repair, and other disease areas support a key component of Provectus’ business strategy, which is to demonstrate the broad spectrum therapeutic platform potential of the Company’s proprietary pharmaceutical-grade halogenated xanthene small molecule rose bengal."

About Bascom Palmer Eye Institute

BPEI serves as the Department of Ophthalmology for the UM Miller School of Medicine in Miami, Florida. Its mission is to enhance the quality of life by improving sight, preventing blindness, and advancing ophthalmic knowledge through compassionate patient care and innovative research. For 2022-2023, U.S. News & World Report (U.S. News) ranked BPEI as the nation’s best in ophthalmology, marking the 21st time and 19th consecutive year that BPEI has received the No. 1 ranking since U.S. News began surveying American physicians for its annual "Best Hospitals" rankings 33 years ago.

Cyclacel Pharmaceuticals to Present at the Ladenburg Thalmann 2022 Healthcare Conference

On September 21, 2022 Cyclacel Pharmaceuticals, Inc. (NASDAQ: CYCC, NASDAQ: CYCCP; "Cyclacel" or the "Company"), a biopharmaceutical company developing innovative medicines based on cancer cell biology, reported that management will participate in Ladenburg Thalmann’s 2022 Healthcare Conference on September 29, 2022 at the Sofitel New York (Press release, Cyclacel, SEP 21, 2022, View Source [SID1234621310]).

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Event: Ladenburg Thalmann 2022 Healthcare Conference
Date: Thursday, September 29, 2022
Time/location: 9:30am ET, Track 2, St Germain III
Format: Fireside Chat Presentation
Webcast: Link

Actinium Pharmaceuticals Announces Iomab-B SIERRA Trial Database Lock, Provides Corporate Update Highlighting Key Upcoming Milestones

On September 21, 2022 Actinium Pharmaceuticals, Inc. (NYSE AMERICAN: ATNM) ("Actinium" or the "Company"), a leader in the development of targeted radiotherapies, reported a business update and outlook, highlighting upcoming clinical milestones (Press release, Actinium Pharmaceuticals, SEP 21, 2022, View Source [SID1234621309]). Key milestones expected before year-end include: topline results for the pivotal Phase 3 SIERRA trial for Iomab-B; survival data from the Actimab-A CLAG-M trial; and additional updates related to progress with the Company’s collaborations and internal research programs.

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(PRNewsfoto/Actinium Pharmaceuticals, Inc.)

"Actinium is on track to deliver topline clinical results from our pivotal Phase 3 SIERRA trial for Iomab-B in the fourth quarter of this year. Iomab-B represents a potential paradigm change in the way difficult to treat relapsed or refractory (r/r) acute myeloid leukemia (AML) patients with active disease can be treated with a potentially curative bone marrow transplant (BMT)," said Sandesh Seth, Chairman and CEO of Actinium. "Iomab-B enables elderly AML patients who are relapsed or refractory to current therapies access to a bone marrow transplant without being in remission whereas current conditioning regimens require patients to be in remission. If successful, SIERRA trial results will demonstrate both improved access and outcomes in transplanted patients who currently survive just a few months as they are not treatable with currently available drugs and cannot be transplanted. Over time, Iomab-B which has been tested in multiple, hard-to-treat blood cancers, has the potential to become a universal conditioning regimen that can improve access and outcomes compared to current non-targeted conditioning regimens for hematological malignancies."

"In addition to the impending pivotal trial results, we look forward to presenting survival data from the Actimab-A CLAG-M combination trial in Q4 2022. Prior results demonstrated a 67% ORR and high rates of MRD negativity in heavily pre-treated fit patients with r/r AML. Actinium also anticipates providing updates by year-end which will demonstrate the progress we are making with our research programs and collaborations, including our Iomab-ACT program for conditioning prior to CAR-T and other cellular therapies. Finally, our strong balance sheet provides ample runway through mid-2025 which enables us to deliver value creation driven by key clinical data, regulatory milestones and R&D program advancement. These updates will enable Actinium to continue to demonstrate its position as the leading, late-stage radiotherapeutics company developing highly differentiated product candidates in diseases with high unmet or underserved medical needs", added Mr. Seth.

Iomab-B and the Pivotal Phase 3 SIERRA Trial
Iomab-B has the potential to become a first-in-class, targeted radiotherapy to improve patient access to potentially curative BMT, while improving outcomes for patients with advanced blood cancers. The pivotal Phase 3 SIERRA trial will compare outcomes between patients age 55+ with active, r/r AML that receive Iomab-B and BMT and patients who receive physician’s choice of salvage therapy, as there is no standard of care for this patient population.

Topline efficacy and safety data from the SIERRA trial to be reported in Q4 2022
The primary endpoint for the SIERRA trial is durable Complete Remission (dCR) of at least 180 days
Secondary endpoints for the SIERRA trial are Overall Survival and Event-Free Survival
At the annual meetings of the American Society for Transplantation and Cellular Therapy (ASTCT) and the Center for International Blood & Marrow Transplant Research (CIBMTR) in May, Actinium reported an approximate 5x greater difference in the number of patients potentially evaluable for the dCR primary endpoint at 100-days post-BMT in the Iomab-B arm compared to the control arm at full enrollment (153 patients)1
100% (66/66) of patients receiving Iomab-B accessed BMT and engrafted without delay and 100% (40/40) receiving Iomab-B via crossover from the control arm after failing to achieve a remission accessed BMT and engrafted without delay
18% (14/77) of patients randomized to the control arm received a BMT
Lower rates of 100-day, non-relapse transplant-related mortality were reported in the Iomab-B arm (9%) and the crossover arm (5%) compared to control arm (14%)
Statistically significant lower rates of sepsis (p=0.002) were reported in patients receiving Iomab-B (5.3%) compared to the control arm (23.7%)
Iomab-B is the only CD45 targeting drug candidate in Phase 3 clinical development
Iomab-B has patent protection until 2037, as well as Orphan Drug Designation in the U.S. and Europe
In April 2022, Actinium licensed the EUMENA commercial rights for Iomab-B to Immedica AB for an upfront payment of $35 million, up to $417 million in potential regulatory and sales milestones, and mid-twenty percent royalties
Actimab-A: CD33 Targeting Alpha Therapy Program
Actimab-A is the only CD33 targeting radiotherapy in development and utilizes the alpha-emitting radioisotope Actinium-225 (Ac-225), the most potent, medically available, cell-killing isotope. Actinium is developing Actimab-A as a potential backbone therapy for patients with advanced AML using the differentiated mechanism of action of the radioisotope with other therapeutic modalities. Actimab-A is currently being studied in combination with the salvage chemotherapy CLAG-M in patients with r/r AML who are fit for intensive therapy and with the Bcl-2 inhibitor Venetoclax in patients with r/r AML who are unfit for intensive therapy.

Overall survival data from the Phase 1 Actimab-A + CLAG-M combination trial expected in Q4 2022
Data from the Phase 1 trial showed 72% MRD negativity rate in patients receiving Actimab-A + CLAG-M, which compares favorably to 39% MRD negativity rate with CLAG-M alone2
80% overall response rate (CR/CRp/MLFS) in patients receiving less than four lines of prior therapy with 10 complete remissions across all four dose cohorts
75% of patients proceeded to a bone marrow transplant, excluding patients with prior transplant experience
No 30-day mortality
Technology Platform and Research Programs and Collaborations
Actinium is advancing multiple internal research programs and collaborations at the forefront of targeted radiotherapy innovation leveraging its proprietary technology platform, know-how and strong clinical experience. With an intellectual property estate of over 190 patents, Actinium is at the forefront of innovation related to development of Ac-225 based therapies. Actinium has generated and presented the first ever data of CD38 and HER3 targeting Ac-225 therapies as well as the first CD47 immune checkpoint targeted radiotherapy combinations with HER2 in solid tumors and CD33 in blood cancers. This research and differentiated development capabilities have resulted in collaborations focused on solid tumor theranostics with Astellas, HER3 targeting radiotherapies for solid tumors with AVEO Pharmaceuticals and CD47 immune checkpoint targeted radiotherapy combinations with EpicentRx. Actinium is making strong progress with its ongoing research collaborations and internal research programs including its Iomab-ACT program for cell and gene therapy conditioning. Select updates from these programs and collaborations are expected by year-end.

Financial Condition and Outlook

Cash and cash equivalents of approximately $116.3 million as of June 30, 2022 including $35 million upfront payment from Iomab-B EUMENA licensing agreement with Immedica AB
Actinium anticipates that its current cash and cash equivalents will be sufficient to fund operations through mid-2025
References:

Gyurkocza et al. TCT 2022 Presentation. High Rates of Transplantation in the Phase III SIERRA Trial Utilizing Anti-CD45 Apamistamab with 131-Iodine (Iomab-B) Conditioning with Successful Engraftment and Tolerability in Relapsed/Refractory Acute Myeloid Leukemia Patients after Lack of Response to Conventional Care and Targeted Therapies
Abedin et al. ASH (Free ASH Whitepaper) 2021 Presentation. Lintuzumab-Ac225 in Combination with CLAG-M Yields High MRD (-) Responses in R/R AML with Adverse Features: Interim Results of a Phase I Study
About Iomab-B and the Pivotal Phase 3 SIERRA Trial
Iomab-B (I-131 apamistamab) targets CD45, an antigen widely expressed on leukemia and lymphoma cancer cells, immune cells and bone marrow stem cells. Monoclonal antibody apamistamab is linked to the radioisotope iodine-131 (I-131), and emits energy against targeted cells, thereby destroying a patient’s cancer cells and ablating their bone marrow so they can receive a bone marrow transplant. By targeting the bone marrow with I-131, Iomab-B may reduce the side effects of non-targeted chemotherapy and external radiation on most healthy tissues. Iomab-B has been granted Orphan Drug Designation from the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) and has patent protection through 2037.

The pivotal Phase 3 SIERRA trial is a 153-patient, randomized clinical trial, studying Iomab-B compared to physician’s choice of salvage therapy in patients with active, relapsed or refractory acute myeloid leukemia (r/r AML) age 55 and above. The SIERRA trial is the only randomized Phase 3 trial with BMT being the intent for this patient population. The control arm of SIERRA included over 20 single agents or combination treatment options based on physician’s choice, including salvage chemotherapy and recently approved targeted agents including Bcl-2 inhibitor (Venetoclax), FLT3 inhibitors and IDH 1/2 inhibitors as there is no standard of care for this patient population. The SIERRA trial enrolled patients at 24 leading transplant centers in the United States and Canada. The SIERRA trial completed patient enrollment in 3Q 2021, and topline data is expected to be reported in 4Q 2022.

About Actinium’s Technology Platform and Research Programs and Collaborations
Actinium has extensive experience in the development of targeted radiotherapies leveraging its clinical experience in over 600 patients from its Beta and Alpha particle-based programs. Actinium has developed targeted radiotherapies against multiple validated targets (CD45, CD33, CD38, HER2, HER3 and other undisclosed targets) with multiple radioisotopes (Iodine-131, Actinium-225 and Lutetium-177). Actinium is on the leading edge of targeted radiotherapy research and development including collaborations with Astellas focused on solid tumor theranostics, AVEO pharmaceuticals focused on HER3 targeted radiotherapy for solid tumor indications and EpicentRx exploring targeted radiotherapy CD47 immune check point inhibitor combinations. Actinium’s patent portfolio has over 190 patents and includes key intellectual property underlying Iomab-B, Actimab-A, gold-standard linker technology, proprietary methods for manufacturing highly pure Ac-225 and multiple novel targeted radiotherapy combinations and applications.

XOMA Declares Quarterly Preferred Stock Dividends

On September 21, 2022 XOMA Corporation (Nasdaq: XOMA) ("XOMA" or the "Company") reported its Board of Directors has authorized the following cash dividends to holders of XOMA’s Series A and Series B Cumulative Preferred Stock (Press release, Xoma, SEP 21, 2022, View Source [SID1234621308]):

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Holders of the 8.625% Series A Cumulative Perpetual Preferred Stock (Nasdaq: XOMAP) shall receive a cash dividend equal to $0.53906 per share.

Holders of depositary shares, each representing 1/1000 of a share of XOMA’s 8.375% Series B Cumulative Perpetual Preferred Stock (Nasdaq: XOMAO), shall receive a cash dividend equal to $0.52344 per depositary share.

The preferred dividends will be paid on or about October 17, 2022, to respective holders of record at the close of business on October 3, 2022.