Alpine Immune Sciences Terminates Oncology Trials after Second Patient Death

On October 25, 2022 Alpine Immune Sciences reported the company has terminated two clinical trials for its anti-cancer candidate davoceticept after a second patient death attributed to cardiogenic shock. Davoceticept (ALPN-202) is a CD28 costimulator and dual checkpoint inhibitor immunotherapy that was been tested in concurrent clinical trials: NEON-1 with the candidate being evaluated as a monotherapy; and NEON-2 a study of a combination therapy of davoceticept and pembrolizumab (KEYTRUDA).

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Both studies were voluntarily terminated by Alpine, though the two patient deaths occurred in the NEON-2 combination therapy trial. The second patient with metastatic colorectal cancer had been treated previously with a colectomy and other chemotherapeutic agents, and died after the administration of a single dose of davoceticept and pembrolizumab.

NEON-2 had previously been placed on a partial clinical hold in March—which allows a company to continue running a trial, but bars it from recruiting new patients—after the first reported death in the trial. At the time, the NEON-1 trial of davoceticept was unaffected, but after this second death, Alpine decided to shutter both studies.

"Patient safety remains our highest priority," said Mitchell H. Gold, MD, executive chairman and CEO of Alpine in a press release. "We have determined it is in the best interest of all patients to terminate enrollment in the davoceticept studies and we will continue to work with the U.S. Food and Drug Administration, Merck, the study Safety Monitoring Committee, and the study investigators to further understand this important safety issue. Davoceticept has shown encouraging signs of clinical activity and it is unfortunate we have not yet been able to identify a safe dose regimen for the combination with pembrolizumab."

The company now will turn its attention to advancing its lead program ALPN-303, a dual B cell cytokine (BAFF/APRIL) antagonist, which has shown potential against multiple autoimmune and inflammatory indications. In September, the company reported data from it Phase 1 RUBY study of ALPN-303 in healthy volunteers and non-clinical studies.

The RUBY study showed the candidate was well tolerated in both intravenous or subcutaneous at doses up to 960 mg. It also showed improved potency against BAFF and APRIL, and demonstrated superiority against BAFF- or APRIL-only inhibitors, as well as wild-type TACI, in preclinical disease models.

"The initial healthy volunteer data with ALPN-303 suggest a differentiated and potentially best-in-class development profile, which we anticipate could have a meaningful impact on clinical outcomes in SLE (systemic lupus erythematosus) and also potentially a wide range of autoantibody-related inflammatory diseases," noted Stanford Peng, MD, PhD, Alpine’s president and head of R&D, in a statement released at the company’s RD day.

Based on this, the company now plans a Phase II randomized, placebo-controlled proof-of-concept study in SLE as well as open-label basket studies in renal, hematologic, and dermatologic autoimmune diseases, which it expects to initiate in late 2023.

In addition to ALPN-303, Alpine also has a collaboration with AbbVie for acazicolcept in SLE and has additional preclinical and clinical collaborations with Horizon Discovery and Adaptimmune.

(Press release, Alpine Immune Sciences, OCT 25, 2022, View Source [SID1234661011])

GT Biopharma Presents at LD Micro on October 26, 2022 at 4:30 pm PST

On October 25, 2022 GT Biopharma, Inc. (NASDAQ: GTBP) (the "Company" or "GTB"), a clinical stage immuno-oncology company focused on developing innovative therapeutics based on the Company’s proprietary natural killer (NK) cell engager, TriKE platform, reported that the Interim Chief Executive Officer and Executive Chairman, Michael Breen, will present a corporate overview to investors at the LD Micro Main Event XV taking place October 25-27, 2022, at the Luxe Sunset Boulevard Hotel in Los Angeles (Press release, GT Biopharma, OCT 25, 2022, View Source [SID1234623367]).

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To access the live webcast of the company’s presentation on October 26th at 4:30 p.m. PDT, please visit View Source to access the "Track 2" presentation.

Nerviano Medical Sciences S.r.l. Announces a Poster Presentation on NMS-03602173 at 34th EORTC-NCI-AACR Symposium on Molecular Targets and Cancer Therapeutics

On October 25, 2022 Nerviano Medical Sciences Srl, a member of NMS Group and a clinical stage company discovering and developing innovative therapies for the treatment of cancer, reported that preclinical data from the Company’s asset NMS-03602173 will be reported in a poster presentation by Dr. Paola Magnaghi at the upcoming EORTC-NCI-AACR (Free EORTC-NCI-AACR Whitepaper) Symposium on Molecular Targets and Cancer Therapeutics (ENA 2022) which will be held October 26-28, 2022 at the CCIB in Barcelona (Press release, Nerviano Medical Sciences, OCT 25, 2022, View Source [SID1234623260]).

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Details of the upcoming presentation are as follows:

About NMS-03602173 (NMS-173)

NMS-173 is a second generation potent, covalent, selective, and orally available investigational new drug for the treatment of cancer patients with mutated IDH1 or IDH2. IDH1 and IDH2 mutations confer to these enzymes a neomorphic activity promoting the conversion of α-KG into 2-HG, an oncometabolite that induces a global epigenetic rewiring, leading to de-differentiation, stemness and tumorigenesis. NMS-173 potently inhibits mutant IDH1 and IDH2 thus resulting in the abrogation of 2-HG production in a variety of cells and in a number of in vivo mouse models including IDH mutant cholangiocarcinoma, glioma and AML models, with significant tumor growth inhibition and anti-tumor efficacy superior to FDA approved first generation inhibitors. Due to its covalent MOA, NMS-173 has high potential of sustained clinical responses compared to FDA approved drugs and can also potentially overcome resistance mechanisms to first generation IDH inhibitors. Notably, NMS-173 has received authorization to start phase I clinical studies in US and Europe in patients with IDH1 or IDH2 mutated solid tumors including low grade glioma.

Salubris announces deep collaboration with Anlong Bio on small nucleic acid drugs for hypertension

On October 25, 2022 Salubris Pharmaceuticals reported that it signed a co-development agreement with Anlong Bio. The two drugmakers will collaborate in the development of small nucleic acid drugs to treat hypertension (Press release, Salubris Pharmaceuticals, OCT 25, 2022, View Source [SID1234622550]).

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Anlong will be responsible for the early development using its proprietary ANOG small nucleic acid drug technology platform, while Salubris will oversee later development, clinical trials and marketing of the product.

Salubris will have exclusive rights to develop and commercialize the drug worldwide, and both companies will share the future market and commercial benefits.

Salubris was founded in 1998 and focuses on the cardio-cerebrovascular field. It also explores innovative drugs for the treatment of hypoglycemia, tumors, orthopedics, nephropathy and anti-infection. This collaboration marks Salubris’ first entry into the emerging field of nucleic acid drugs.

Entry into a Material Definitive Agreement

On October 25, 2022, Silverback Therapeutics, Inc. ("Silverback"), Sabre Merger Sub, Inc. ("Merger Sub") and ARS Pharmaceuticals, Inc. ("ARS Pharma"), reported that it entered into the Second Amendment (the "Amendment") to the Agreement and Plan of Merger and Reorganization, dated as of July 21, 2022, as amended on August 11, 2022 (the "Merger Agreement"), by and among Silverback, Merger Sub and ARS Pharma, pursuant to which the parties agreed to amend the Merger Agreement as follows (Filing, 8-K, Silverback Therapeutics, OCT 25, 2022, View Source [SID1234622488]):

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1.Section 8.5 of the Merger Agreement was amended and restated in its entirety to read as follows:

8.5 Parent Net Cash. Parent Net Cash, as finally determined pursuant to Section 1.6, shall not be less than $210,000,000 nor greater than $265,000,000; provided, however, that if Parent Net Cash is greater than $265,000,000, Parent may declare a Permitted Dividend in the amount of such excess to satisfy such condition."

2.The proviso set forth in Section 4.1(b)(i) of the Merger Agreement was amended and restated in its entirely to read as follows:

"provided, however, that to the extent that Parent Net Cash is greater than $265,000,000, Parent shall be permitted to declare any such excess amount as a dividend (a "Permitted Dividend");"

3.Clause (i) in the definition of Parent Valuation was amended and restated in its entirety to read as follows:

"(i) if Parent Net Cash is greater than $240,000,000, the sum of (x) the Parent Equity Value plus (y) the amount by which, up to $25,000,000, Parent Net Cash exceeds $240,000,000."

The foregoing description of the Amendment is not complete and is qualified in its entirety by reference to the Amendment, which is attached hereto as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.