Cytovation presents Phase I dose escalation results at ESMO

On October 28, 2022 Cytovation reported the poster recently presented at ESMO (Free ESMO Whitepaper) – European Society for Medical Oncology Congress 2022 (Press release, Cytovation, OCT 28, 2022, View Source;utm_medium=rss&utm_campaign=cytovation-presents-phase-i-dose-escalation-results-at-esmo [SID1234622556]).

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FIRST-IN-HUMAN, DOSE ESCALATION PHASE I TRIAL OF INTRATUMORAL CYPEP-1 IN PATIENTS WITH ADVANCED SOLID TUMORS
Eskens et al. Annals of Oncology, Volume 33, S758, 476P

Conclusions:
Administration of CyPep-1 is well tolerated. Both molecular and clinical findings suggest strong biologic activity.

Nykode Therapeutics to Present a Poster on Interim Results from the Pre-planned Interim Analysis from the C-02 trial with VB10.16 in advanced cervical patients at the European Society of Gynaecological Oncology’s 23rd Annual Meeting (ESGO 2022)

On October 28, 2022 Nykode Therapeutics ASA (OSE: NYKD), a clinical-stage biopharmaceutical company dedicated to the discovery and development of novel immunotherapies, reported the presentation of a poster at the European Society of Gynaecological Oncology’s 23rd Annual Meeting, being held in Berlin, October 27-30 (Press release, Nykode Therapeutics, OCT 28, 2022, View Source [SID1234622555]). The presentations will include results from a pre-planned interim analysis of the VB C-02 trial with VB10.16, Nykode’s wholly owned therapeutic DNA vaccine specifically targeting antigen presenting cells, in combination with atezolizumab in patients with advanced HPV16-positive cervical cancer.

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The new data further supports the use of specific blood based biomarkers as prognostic and predictive factors of treatment outcome.

Michael Engsig, Nykode’s Chief Executive Officer, stated: "It is a great opportunity to present the VB C-02 interim data, including data that have not been released before, to the scientific community at ESGO. We look forward to continue updating the scientific community as we dive deeper into the interim data of VB C-02 to further our understanding of how VB10.16 works to the benefit of patients and how biomarkers can be used to predict clinical outcome."

Poster accepted for presentation at ESGO 2022 Abstract ID 447; PA-004:

• Efficacy and safety of VB10.16, therapeutic DNA vaccine specifically targeting antigen presenting cells, in combination with atezolizumab in patients with advanced HPV16-positive cervical cancer: results from a pre-planned interim analysis

The poster will be made available in the Scientific Papers and Presentations section of the Company’s website at View Source

Consolidated Financial Results for the Six-month Period Ended September 30, 2022

On October 28, 2022 NEC reported that Consolidated Financial Results for the Six-month Period Ended September 30, 2022 (Press release, NEC, OCT 28, 2022, View Source [SID1234622554])

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1. Consolidated Financial Results for the Six-month Period Ended September 30, 2022 (April 1, 2022 – September 30, 2022)

(1) Consolidated Operating Results
(2) Consolidated Financial Position

2. Dividends
3. Consolidated Financial Results Forecast for the Year Ending March 31, 2023 (April 1, 2022 – March 31, 2023)

*This consolidated financial results falls outside the scope of quarterly review procedures to be performed by certified
public accountants or an audit firm.

*Explanation concerning the appropriate use of the financial results forecast and other special matters
(Adjusted profit (loss))
"Adjusted operating profit (loss)" is an indicator for measuring underlying profitability in order to clarify the contribution of acquired companies to the NEC Group’s overall earnings. It is measured by deducting amortization of intangible assets recognized as a result of M&A and expenses for acquisition of companies (financial advisory fees and other fees) from operating profit (loss). Also, "Adjusted net profit (loss) attributable to owners of the parent" is an indicator for measuring underlying profitability attributable to owners of the parent. It is measured by deducting adjustment items of operating profit (loss) and corresponding amounts of tax and non-controlling interests from net profit (loss) attributable to owners of the parent.

(Cautionary statement with respect to forward-looking statements)
The forward-looking statements such as operating results forecast contained in this statements summary are based
on the information currently available to NEC Corporation ("the Company") and certain assumptions considered
reasonable. Actual operating results may differ significantly from these forecasts due to various factors. For details,
please refer to "2. Cautionary Statement with Respect to Forward-Looking Statements" on page 14.

(How to obtain supplementary financial materials and information on the financial results briefing)
On October 28, 2022, the Company will hold a financial results briefing for the institutional investors and analysts.
Presentation materials will be posted on the company website after the release of financial results, and the
presentation video and Q&A summary will be also posted on the company website promptly after the financial results
briefing.

In addition to the above, the Company periodically holds briefings on business and operating results for the individual
investors. Presentation materials and Q&A summary will be posted on the company website promptly after the
briefing. For the schedule and details, please check the company website

Press Release: Continued strong growth in Q3 with key regulatory milestones achieved

On October 28, 2022 Sanofi reported that Continued strong growth in Q3 with key regulatory milestones achieved (Press release, Sanofi, OCT 28, 2022, View Source [SID1234622553])

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Q3 2022 sales growth of 9.0% at CER driven by Specialty Care and Vaccines

Specialty Care grew 19.9% driven by Dupixent performance (€2,314 million, +44.5%) and launch momentum in Rare Disease
Vaccines up 23.5% from strong Flu sales in the quarter, rebound of Travel vaccines and growth of Meningitis and PPH franchises
General Medicines achieved 2.4% core assets growth despite lower Lovenox sales due to decreasing demand from COVID-19
CHC up 1.9% with strong growth in Digestive Wellness and Cough & Cold in a normalizing market environment post-COVID-19
Q3 2022 business EPS(1) up 17.9% at CER driven by higher sales and margin expansion

BOI margin up 1.9 ppt to 36.0% due to gross margin improvement from efficiency gains, product mix and EUROAPI deconsolidation
Business EPS(1) of €2.88, up 32.1% on a reported basis and 17.9% at CER
IFRS EPS of €1.66, down 9.8 %, reflecting a €1,586 billion impairment charge related to SAR444245

Progress on Corporate Social Responsibility strategy

Access to Medicine Foundation recognized Sanofi Global Health Unit’s work to improve insulin access in low-middle income countries

Key R&D milestones and regulatory achievements

Dupixent approved in the U.S. as the first and only treatment for adults with prurigo nodularis
FDA granted priority review for Altuviiio (efanesoctocog alfa) for the treatment of hemophilia A
FDA approved XenpozymeTM for the treatment of acid sphingomyelinase deficiency (ASMD) in adult and pediatric patients
CHMP recommended approval of Beyfortus (nirsevimab) for prevention of RSV disease in infants
CHMP recommended approval of Enjaymo in adult patients with cold agglutinin disease (CAD)

Full-year 2022 business EPS guidance revise upward

Sanofi now expects 2022 business EPS(1) to grow approximately 16%(2) at CER, barring unforeseen major adverse events. Applying average October 2022 exchange rates, the positive currency impact on 2022 business EPS is estimated between +9.5% to +10.5%

Sanofi Chief Executive Officer, Paul Hudson, commented:

"Our strong results for the third quarter demonstrate that Sanofi is on the right path, with a remarkable performance of 20% growth in both Specialty Care and Vaccines, leading us to again raise our business EPS guidance for the full-year. Our commitment to breakthrough science is bearing fruit. Three of our priority first or best-in-class medicines reached important regulatory milestones. Beyfortus was recommended by EMA’s CHMP for prevention of RSV disease in all infants while Altuviiio was granted priority review by the US FDA for people with hemophilia A. Dupixent keeps breaking new ground with a recent US FDA approval making it the first and only treatment indicated for prurigo nodularis, the second indication in dermatology, and fifth overall for Dupixent in the US. Social impact continues to be at the center of our company’s agenda, as illustrated by the introduction of our first two carbon offsetting programs. Looking ahead, we are well positioned to achieve our BOI margin target of 30% in 2022 and to stay focused on our ambition to transform the practice of medicines for patients around the world."

Changes in net sales are expressed at constant exchange rates (CER) unless otherwise indicated (definition in Appendix 7). (1) In order to facilitate an understanding of operational performance, Sanofi comments on the business net income statement. Business net income is a non-GAAP financial measure (definition in Appendix 7). The consolidated income statement for Q3 2022 is provided in Appendix 3 and a reconciliation of reported IFRS net income to business net income is set forth in Appendix 4; (2) 2021 business EPS was €6.56; (3) Free cash flow is a non-GAAP financial measure (definition in Appendix 7).

ITM Receives FDA Fast Track Designation for Radionuclide Therapy Candidate ITM-11 (n.c.a. 177Lu-edotreotide) in Neuroendocrine Tumors (GEP-NETs)

On October 27, 2022 ITM Isotope Technologies Munich SE (ITM), a leading radiopharmaceutical biotech company, reported that the U.S. Food and Drug Administration (FDA) has granted the company Fast Track designation for ITM-11 (n.c.a. 177Lu-edotreotide), an investigational radiopharmaceutical for the treatment of gastroenteropancreatic neuroendocrine tumors (GEP-NETs). ITM-11 is being evaluated as a Targeted Radionuclide Therapy in two phase III clinical trials, COMPETE and COMPOSE.

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The FDA Fast Track is a process designed to facilitate the development and expedite the review of drugs to treat serious conditions and address an unmet medical need. The purpose is to bring new and promising medicines to patients sooner. The Fast Track designation enables ITM to have more frequent interactions with the FDA to discuss the ITM-11 development path. It also allows rolling review of the new drug application (NDA) for ITM-11, when submitted. The rolling submission will allow ITM to submit completed sections of an application for review by FDA, rather than wait until all sections are completed.

"We are dedicated to helping people living with hard-to-treat cancers through our research and development of innovative treatments. Receiving Fast Track designation provides us the opportunity to work closely with the FDA to optimize and accelerate the final stages of development for ITM-11, bringing our radiotherapeutic to GEP-NET patients as fast as possible," commented Steffen Schuster, CEO of ITM.

GEP-NETs are rare types of tumors originating in the pancreas or other parts of the gastrointestinal tract. Due to their heterogeneity and unique characteristics, early diagnosis is difficult, increasing the likelihood of metastatic disease and severely limiting treatment options. ITM is developing ITM-11 to provide patients with a new, targeted treatment approach to these difficult-to-treat tumors with the goal to improve clinical outcome and quality of life.

COMPETE (NCT03049189) and COMPOSE (NCT04919226) are international, prospective, randomized, controlled, open-label, multi-center phase III clinical studies to evaluate the efficacy and safety, of ITM-11 compared to standard therapy in patients with inoperable, progressive, grade 1 and 2 (COMPETE) and aggressive grade 2 and 3 (COMPOSE), somatostatin receptor-positive (SSTR+) neuroendocrine tumors of gastroenteric or pancreatic origin (GEP-NETs). The primary endpoint of the studies is progression-free survival (PFS), and secondary outcome measures include overall survival (OS). Patient recruitment for COMPETE was completed with 300 randomized patients in April 2022.

About ITM-11 (n.c.a. 177Lu-edotreotide)
ITM-11, ITM’s therapeutic radiopharmaceutical candidate being investigated in the phase III clinical studies COMPETE and COMPOSE, consists of two components: the medical radioisotope non-carrier-added lutetium-177 (n.c.a. 177Lu) and the targeting molecule edotreotide, a synthetic form of the peptide hormone somatostatin that targets neuroendocrine tumor-specific receptors. Edotreotide binds to these receptors and places the medical radioisotope n.c.a. lutetium-177 directly onto the diseased neuroendocrine cells so that it accumulates at the tumor site. N.c.a. lutetium-177 is internalized into the tumor cells and decays, releasing medical radiation (ionizing beta-radiation) with a maximum radius of 1.7 mm and destroying tumor tissue.

About Targeted Radionuclide Therapy
Targeted Radionuclide Therapy is an emerging class of cancer therapeutics, which seeks to deliver radiation directly to the tumor while minimizing radiation exposure to normal tissue. Targeted radiopharmaceuticals are created by linking a therapeutic radioisotope to a targeting molecule (e.g., peptide, antibody, small molecule) that can precisely recognize tumor cells and bind to tumor-specific characteristics, like receptors on the tumor cell surface. As a result, the radioisotope accumulates at the tumor site and decays, releasing a small amount of ionizing radiation, thereby destroying tumor tissue. The precise localization enables targeted treatment with potentially minimal impact to healthy surrounding tissue.

(Press release, ITM Isotopen Technologien Munchen, OCT 27, 2022, View Source [SID1234661153])