Aptevo Therapeutics Announces Poster Presentation at the 64th American Society of Hematology Annual Meeting and Exposition

On November 3, 2022 Aptevo Therapeutics Inc. ("Aptevo" or the "Company") (NASDAQ:APVO), a clinical-stage biotechnology company focused on developing novel immuno-oncology therapeutics based on its proprietary ADAPTIR and ADAPTIR-FLEX platform technologies, reported acceptance of a poster presentation at 64th American Society of Hematology (ASH) (Free ASH Whitepaper) Annual Meeting and Exposition being held December 10-13 in New Orleans, Louisiana (Press release, Aptevo Therapeutics, NOV 3, 2022, View Source [SID1234623131]). Details of the presentation, which will be presented live, are as follows:

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Title: "Updated Results from a Phase 1 Study of APVO436, a Novel Bispecific Anti-CD123 x Anti-CD3 ADAPTIR Molecule, in Relapsed/Refractory Acute Myeloid Leukemia and Myelodysplastic Syndrome"
Date/Time: Sunday, December 11, 2022, 6:00 PM-8:00 PM
Presenter: Justin M. Watts, MD, Associate Professor of Medicine Section Chief, Leukemia, Pap Corps Endowed Professor in Leukemia, Division of Hematology, Department of Medicine, Sylvester Comprehensive Cancer Center University of Miami Miller School of Medicine

Neoleukin Therapeutics Announces Oral Presentation at 64th American Society of Hematology (ASH) Annual Meeting

On November 3, 2022 Neoleukin Therapeutics, Inc., "Neoleukin" (NASDAQ:NLTX), a biopharmaceutical company utilizing sophisticated computational methods to design de novo protein therapeutics, reported an oral presentation at the upcoming American Society of Hematology (ASH) (Free ASH Whitepaper) Annual Meeting and Exposition taking place December 10-13, 2022 in New Orleans, Louisiana (Press release, Neoleukin Therapeutics, NOV 3, 2022, View Source [SID1234623128]).

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AFFIMED ANNOUNCES PRESENTATION OF PHASE 1/2 DATA FROM AFM13 IN COMBINATION WITH ALLOGENEIC NK CELLS AND PRECLINICAL AFM28 DATA AT ASH 2022 ANNUAL MEETING

On November 3, 2022 Affimed N.V. (Nasdaq: AFMD) ("Affimed", or the "Company"), a clinical-stage immuno-oncology company committed to giving patients back their innate ability to fight cancer, reported two upcoming data presentations at the American Society of Hematology (ASH) (Free ASH Whitepaper) 2022 Annual Meeting (Press release, Affimed, NOV 3, 2022, View Source [SID1234623127]).

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Dr. Yago Nieto, M.D., Ph.D., Professor of Stem Cell Transplantation and Cellular Therapy at The University of Texas MD Anderson Cancer Center and principal investigator of the study, will provide a clinical update from the ongoing phase 1/2 trial with Affimed’s lead innate cell engager (ICE) AFM13 precomplexed with cord blood-derived natural killer (cbNK) cells followed by three weekly infusions of AFM13 in patients with CD30-positive relapsed or refractory Hodgkin and non-Hodgkin lymphomas in an oral presentation, on Saturday, December 10 at 1:15 p.m. CST.

Since the last study update in April 2022 until the end of July, an additional 11 patients were enrolled, resulting in 24 patients treated at the recommended phase 2 dose (RP2D) with up to 4 cycles; a total of 30 patients have now been enrolled in the study. The combination treatment continues to show a 100% overall response rate (ORR) at the highest dose level and a further improvement in the complete response (CR) rate, from the previously reported 62% to 70.8%.

Affimed will also present updated preclinical data from its AFM28 program in a poster on December 12 from 6:00 – 8:00 p.m. CST, demonstrating the highly potent and selective killing of CD123-positive leukemic cells as well as leukemic stem cells and progenitor cells, supporting AFM28’s potential to achieve durable responses in relapsed or refractory Acute Myeloid Leukemia patients.

"Our ICE possess very high affinity to CD16A on NK cells and are considered highly efficient in redirecting such cells, both allogeneic and autologous, to attack tumor cells," said Dr. Andreas Harstrick, Chief Medical Officer at Affimed. "The extremely high efficacy seen with AFM13 in combination with NK cells is the basis of taking forward our other ICE, such as AFM24 and AFM28, to develop therapies that can serve the high unmet needs of cancer patients."

Details of AFM13 Oral Presentation and Abstract
Title: Innate Cell Engager AFM13 Combined with Preactivated and Expanded Cord Blood-Derived NK Cells for Patients with Double Refractory CD30+ Lymphoma
Session: Cellular Immunotherapies: Early Phase and Investigational Therapies: Lymphoma Presentation Date & Time: Saturday, December 10, 2022, 1:15 p.m. CST
Location: Ernest N. Morial Convention Center, La Nouvelle Orleans Ballroom AB

The AFM13-104 study is evaluating a combination of the ICE AFM13 with cbNK in late-stage patients with relapsed or refractory CD30+ Hodgkin and non-Hodgkin lymphoma. As of the abstract data cut-off on July 31, the study had enrolled 30 patients across three different dose levels DL1 (106 NK/kg), DL2 (107NK/kg) and DL3 (108 NK/kg); a total of 24 patients had been treated at DL3 (108 NK/kg) which was established as the RP2D. Each cycle of treatment consists of a lymphodepletion, followed by single dose of AFM13 precomplexed with cbNK cells and three subsequent infusions of AFM13 monotherapy. Two cycles of therapy were administered to patients 1 – 19 and up to four cycles were administered starting with patient 20.

At the data-cut-off, across all dose cohorts, the ORR was 97% with a CR rate of 63%. At the RP2D, the study continued to demonstrate a 100% ORR in all 24 patients treated, with 17 patients achieving a CR (70.8%).

Across all dose levels at median follow-up of 8 months (range 1-23) months, an event-free survival (EFS) rate of 57% and an overall survival (OS) rate of 83% was observed. Five patients had a response consolidated with a stem cell transplant. Analyses of patient serum from day one after infusion with AFM13 precomplexed with cbNK cells suggest that no sensitization effects in patients occur.

Overall, the treatment continues to show a manageable safety profile. There were no infusion-related reactions (IRR) after infusing AFM13-NK and 11 IRR in 182 infusions of AFM13 alone (6%) (1 grade 3, 10 grade 2). In addition, no cases of cytokine release syndrome (CRS), immune effector cell-associated neurotoxicity syndrome (ICANS) or graft versus host disease (GVHD) of any grade.

A more in-depth analysis of the data will be presented in Dr. Nieto’s oral presentation at ASH (Free ASH Whitepaper) and through a company press release.

Details of AFM28 Poster Presentation and Abstract
Title: The Novel Bispecific Innate Cell Engager (ICE) AFM28 Efficiently Directs Allogeneic NK Cells to CD123-positive leukemic cells
Session: Molecular Pharmacology and Drug Resistance: Myeloid Neoplasms: Poster III Presentation Date & Time: Monday, December 12, 2022, 6:00 p.m. – 8:00 p.m. CST
Location: Ernest N. Morial Convention Center, Hall D

Innate Cell Engager (ICE) AFM28 aims to direct a patient’s own or allogeneic NK cells towards CD123-positive AML blasts and leukemic stem cells (LSC) providing a promising approach to achieving long-term remissions. Data from a collaboration between Affimed and the Department of Hematology and Oncology, Medical Faculty Mannheim, Heidelberg University will be presented at the ASH (Free ASH Whitepaper) conference. The study evaluated the efficacy of AFM28 in preclinical AML models. In a panel of AML cell lines, AFM28 successfully engaged allogeneic NK cells to destroy CD123-positive tumor cells through antibody-dependent cytotoxicity (ADCC). ADCC induced by AFM28 was independent of leukemic cell mutational profiles and was also effective in targeting cells with low levels of CD123 surface expression.

Residual leukemic stem cells are a frequent cause for relapse and associated with poor prognosis. Patient-derived AML cell cultures incubated with AFM28 and allogeneic NK cells showed significantly reduced numbers of outgrowing colonies compared to controls. That indicates that LSCs and progenitor cells were eliminated. These results were confirmed in an AML mouse model demonstrating complete inhibition of tumor growth throughout a 42-day treatment period in comparison to untreated control mice who all developed systemic disease.

AFM28 is currently being prepared for a first-in-human clinical investigation as monotherapy and in combination with allogeneic NK cells.

The full abstracts for both presentations are available on the ASH (Free ASH Whitepaper) conference website via the following link: View Source

About the AFM13-104 Phase 1/2 Study
The University of Texas MD Anderson Cancer Center is studying AFM13 in an investigator-sponsored phase 1/2 trial in combination with cord blood-derived allogeneic NK cells in patients with recurrent or refractory CD30-positive lymphomas. The study is a dose-escalation trial of precomplexed NK cells, followed by an expansion phase, recruiting up to 40 patients with r/r CD30 positive lymphomas, treated with the RP2D (and 1×108 NK cells/kg followed by three weekly doses of 200 mg AFM13 monotherapy.

MD Anderson has an institutional financial conflict of interest with Affimed related to this research and has therefore implemented an Institutional Conflict of Interest Management and Monitoring Plan. Additional information about the study can be found at www.clinicaltrials.gov (NCT04074746).

About AFM13
AFM13 is a first-in-class innate cell engager (ICE) that uniquely activates the innate immune system to destroy CD30-positive hematologic tumors. AFM13 induces specific and selective killing of CD30-positive tumor cells, leveraging the power of the innate immune system by engaging and activating natural killer (NK) cells and macrophages. AFM13 is Affimed’s most advanced ICE clinical program and is currently being evaluated as monotherapy in a registration-directed trial in patients with relapsed/refractory peripheral T-cell lymphoma (REDIRECT). Additional details can be found at www.clinicaltrials.gov (NCT04101331).

About AFM28
AFM28, a tetravalent, bispecific CD123- and CD16A-binding ICE developed on Affimed’s ROCK platform, is designed to bring a new immunotherapeutic treatment to patients with CD123+ myeloid malignancies, including acute myeloid leukemia (AML) and myelodysplastic syndrome (MDS). It engages NK cells to initiate tumor cell killing via antibody-dependent cellular cytotoxicity (ADCC), even at low CD123 expression levels. Clinical development is planned as both monotherapy and in combination with allogeneic NK cells in patients with relapsed/refractory CD123-positive leukemias.

Aeterna Zentaris Reports Third Quarter 2022 Financial Results

On November 3, 2022 Aeterna Zentaris Inc. (Nasdaq: AEZS) (TSX: AEZS) ("Aeterna" or the "Company"), a specialty biopharmaceutical company developing and commercializing a diversified portfolio of pharmaceutical and diagnostic products, reported its financial and operating results for the third quarter ended September 30, 2022 (Press release, AEterna Zentaris, NOV 3, 2022, View Source;id=245519&p=2247083&I=1206939-c7Z3G6f3m8 [SID1234623125]).

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"Our priorities remain advancing our preclinical and clinical studies and aiming to explore all options for our Macrilen asset," commented Dr. Klaus Paulini, Chief Executive Officer of Aeterna.

Recent Highlights

Announced the Company will regain full rights to Macrilen for the U.S. and Canada, following Novo’s termination of the development and commercialization license agreement, which termination will become effective May 23, 2023. Until then, Novo is expected to continue to commercialize Macrilen and fund the cost for the ongoing pivotal pediatric Phase 3 DETECT-trial. The Company is actively engaged in exploring all options for Macrilen; and
Entered into a sponsored research agreement with Massachusetts General Hospital to further evaluate the Company’s targeted, highly specific immunosuppressive therapeutic proteins (AIM Biologicals) in preclinical research for the potential treatment of neuromyelitis optica spectrum disorder.
Results of operations for the three-month period ended September 30, 2022

All amounts in this press release are in U.S. dollars unless otherwise noted.

For the three-month period ended September 30, 2022, Aeterna reported a consolidated net loss of $3.4 million, or $0.70 loss per common share (basic), compared to a consolidated net loss of $1.9 million, or $0.40 loss per common share (basic) for the three-month period ended September 30, 2021. The $1.5 million increase in net loss is primarily the result of $0.8 million higher revenues, offset partially by an increase in operating expenses of $2.5 million primarily due to a $1.8 increase in research and development, a $0.9 million increase in general and administrative expenses, offset by a $0.2 million decrease in selling expenses, and an increase of $0.2 million in Net Finance income.

Revenues

Total revenue for the three-month period ended September 30, 2022 was $1.9 million, an increase of $0.8 million from $1.1 million in the same period in 2021. Quarterly revenue was comprised of $0.6 million in licensing revenue (2021 – $0.3 million), $1.2 million in development revenue (2021 – $0.7), $0.04 million in supply chain revenue (2021 – $0.06 million), $0.01 million in royalty income (2021 – $0.02 million).
Operating expenses

Total operating expenses for the three-month period ended September 30, 2022 was $5.6 million compared with $3.1 million for the same period in 2021, representing an increase of $2.5 million. This increase was primarily due to a $1.8 increase in research and development, $0.9 million increase in general and administrative expenses, offset by a $0.2 million decrease in selling expenses.
Net finance income (cost)

Net finance income (costs) for the three-month period ended September 30, 2022 was $0.3 million compared with net finance income (costs) of $0.1 million for the same period in 2021, representing an increase in net finance income of $0.2 million.
The Company had $53.8 million cash and cash equivalents at September 30, 2022 (December 31, 2021 – $65.3 million).

Consolidated Financial Statements and Management’s Discussion and Analysis

Management’s Discussion and Analysis of Financial Condition and Results of Operations for the second quarter, as well as the Company’s unaudited consolidated interim financial statements as of September 30, 2022, will be available on the Company’s website (www.zentaris.com) in the Investors section or at the Company’s profile at www.sedar.com and www.sec.gov.

aTyr Pharma to Webcast Conference Call Reporting Third Quarter 2022 Financial Results

On November 3, 2022 aTyr Pharma, Inc. (Nasdaq: LIFE), a biotherapeutics company engaged in the discovery and development of first-in-class medicines from its proprietary tRNA synthetase biology platform, reported that it will report third quarter 2022 financial results and provide a corporate update after the market close on Thursday, November 10, 2022 (Press release, aTyr Pharma, NOV 3, 2022, https://investors.atyrpharma.com/news-releases/news-release-details/atyr-pharma-webcast-conference-call-reporting-third-quarter-2022 [SID1234623124]). Management will host a conference call and webcast to review the results and provide an operational update.

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Participants who wish to join the conference call by telephone must register at the above dial-in registration link in order to receive the dial-in number and a personalized PIN code that will be required to access the call. Participants may join the live webcast by accessing it at the above webcast registration link on the aTyr Events page. For more information or questions, please contact aTyr’s investor relations team at [email protected].