Privo Technologies, Inc. Awarded $2.5M from National Cancer Institute for its Intraoperative Treatment of Solid Tumors

On February 25, 2022 Privo Technologies, Inc. ("Privo", "the Company"), a clinical stage biopharmaceutical company focused on optimizing state-of-the-art oncology treatments reported that it has received $2.5M grant as part of National Cancer Institute’s Notice of Special Interest announcement (Press release, Privo Technologies, FEB 25, 2022, View Source;utm_medium=rss&utm_campaign=privo-technologies-inc-awarded-from-nci-intraoperative-treatment-solid-tumors [SID1234609064]).

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The award supports the first-in-man clinical study of Privo’s PRV211 Intraoperative Anti-Cancer Treatment. It is used for all solid tumors to eliminate any remining cancer cells post-surgical resection. The intraoperative treatment would be applied to the tumor bed immediately following tumor resection to eliminate micrometastases and treat nearby lymph nodes. PRV211 is a sterile derivative of the PRV nanoengineered platform technology which safely and effectively deliver locoregional anticancer treatments.

"Privo Technologies is thankful for the continued support by the NCI in the development of the PRV Platform," said Manijeh Goldberg, PhD, CEO of Privo Technologies, Inc. "Privo Technologies seeks to transform the standard of care for treating solid tumors. Surgeons have a challenging balancing act – cut out too much and damage functionality, remove too little and risk leaving tumor cells behind."

The clinical trial will initially enroll patients with advanced head and neck cancer and will then recruit patients with other solid tumors. Privo plans to open enrollment for this study in 2022.

PERRIGO TO PRESENT AT UPCOMING INVESTOR CONFERENCES

On February 25, 2022 Perrigo Company plc (NYSE: PRGO) reported that President and CEO, Murray S. Kessler and CFO Ray Silcock are scheduled to present at the Raymond James 43rd Annual Institutional Investors Conference at 11:00 AM EST on Tuesday, March 8th in Orlando, Florida (Press release, Perrigo Company, FEB 25, 2022, View Source [SID1234609063]).

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Mr. Kessler is also scheduled to present at the UBS Global Consumer and Retail Conference at 1:00 PM EST on Wednesday, March 9th in Boston, Massachusetts.

Interested parties can access the presentation webcasts on the Perrigo website at View Source

Myovant Sciences Receives Positive CHMP Opinion for ORGOVYX® (relugolix) for the Treatment of Advanced Prostate Cancer

On February 25, 2022 Myovant Sciences (NYSE: MYOV), a healthcare company focused on redefining care for women and for men, reported that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency has adopted a positive opinion recommending the approval of ORGOVYX (relugolix, 120 mg) for the treatment of adult patients with advanced hormone-sensitive prostate cancer (Press release, Myovant Sciences, FEB 25, 2022, https://investors.myovant.com/news-releases/news-release-details/myovant-sciences-receives-positive-chmp-opinion-orgovyxr [SID1234609062]). The European Commission (EC) will review the CHMP recommendation, and a final decision on the Marketing Authorization Application is expected to be available in approximately two months. The decision will be applicable to all 27 European Union member states plus Iceland, Norway, and Liechtenstein.

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"This positive CHMP opinion represents another step toward positioning ORGOVYX as a new standard of care for men with advanced prostate cancer," said David Marek, Chief Executive Officer of Myovant Sciences, Inc. "We look forward to providing patients and physicians in Europe with the first oral, androgen deprivation therapy treatment to further advance our mission to redefine care for men with prostate cancer."

The CHMP positive opinion recommending approval is supported by efficacy and safety data from the Phase 3 HERO study, a randomized, open-label, parallel-group, multinational clinical study designed to evaluate the safety and efficacy of relugolix compared to leuprolide in over 1,000 men with androgen-sensitive advanced prostate cancer who required at least one year of continuous androgen deprivation therapy. ORGOVYX received U.S. Food and Drug Administration (FDA) approval for the treatment of adult patients with advanced prostate cancer in December 2020.

Myovant continues to assess partnership opportunities with multiple interested parties for international commercialization and development rights (excluding Canada and certain Asian countries) to relugolix in prostate cancer. Myovant remains on track to reach an agreement with a partner by the anticipated EC approval of relugolix for advanced prostate cancer.

ABOUT PROSTATE CANCER
Prostate cancer is a leading cause of death in the European Union with about 65,200 men having died from the disease in 2016. The standardized death rate from prostate cancer stood at 38 deaths per 100,000 male inhabitants according to Eurostat.

Prostate cancer is considered advanced when it has spread or come back after initial treatment and may include biochemical recurrence (rising prostate-specific antigen in the absence of metastatic disease on imaging), locally advanced disease, or metastatic disease. Front-line medical therapy for advanced prostate cancer typically involves androgen deprivation therapy, which reduces testosterone to very low levels, commonly referred to as castrate levels (< 50 ng/dL). Luteinizing hormone-releasing hormone (LHRH) receptor agonists, such as leuprolide acetate, are depot injections and the current standard of care for androgen deprivation therapy. However, LHRH receptor agonists may be associated with mechanism-of-action limitations, including the potentially detrimental initial surge in testosterone levels that can exacerbate clinical symptoms, which is known as clinical or hormonal flare, and delayed testosterone recovery after the drug is discontinued.

Clovis Oncology Highlights Ongoing Phase 1/2 LuMIERE Clinical Study and Multi-Tumor Imaging Investigator-Initiated Trial of FAP-2286 Fibroblast Activation Protein-Targeted Radiotherapy Candidate at an Upcoming Nuclear Medicine Meeting

On February 25, 2022 Clovis Oncology, Inc. (NASDAQ: CLVS) reported a Trial-in-Progress poster detailing the Phase 1 portion of the LuMIERE clinical study for its targeted radiotherapy candidate FAP-2286 and a presentation titled "Initial Experience with FAP-2286 Imaging" related to an ongoing investigator-initiated trial (IIT) evaluating the ability of imaging agent gallium-68 (68Ga)-FAP-2286 to detect metastatic cancer in patients with solid tumors (Press release, Clovis Oncology, FEB 25, 2022, View Source [SID1234609060]). These data will be presented by Thomas A. Hope, M.D., Director of Molecular Therapy in the Department of Radiology and Biomedical Imaging at the University of California, San Francisco (UCSF), and principal investigator of the LuMIERE trial and the IIT at the Society of Nuclear Medicine & Molecular Imaging (SNMMI) Mid-Winter and American College of Nuclear Medicine (ACNM) Annual Meeting being held virtually, Feb. 25-27, 2022.

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FAP-2286 is the first peptide-targeted radionuclide therapy (PTRT) and imaging agent targeting fibroblast activation protein (FAP) to enter clinical development and the lead candidate in Clovis Oncology’s targeted radionuclide therapy (TRT) development program.

Approximately 50 patients will be enrolled in the Phase 1 portion of the multicenter, open-label LuMIERE trial, which is currently enrolling patients with advanced solid tumors (NCT04939610). The Phase 1 portion of the study is evaluating the safety of the investigational therapeutic agent lutetium-177 (177Lu)-FAP-2286 and will identify the recommended Phase 2 dose and schedule. The safety and tumor uptake of the imaging agent gallium-68 (68Ga)-FAP-2286 is also being evaluated. Once the Phase 2 therapeutic dose is determined, Phase 2 expansion cohorts in multiple tumor types are planned for later in 2022.

"We believe the ongoing LuMIERE trial will underscore the valuable role of targeted radiotherapy in cancer treatment and the potential of FAP-2286 to treat a variety of solid tumor types," said Patrick J. Mahaffy, President and CEO of Clovis Oncology. "We remain committed to advancing targeted radiotherapies in oncology and look forward to presenting initial data from the Phase 1 portion of the trial later this year."

After 10 a.m. Eastern time today, February 25, the LuMIERE Trial-in-Progress poster can be found at View Source with other recent Clovis-sponsored presentations, posters, and supplemental information.

Presentation of data from the IIT (NCT04621435) evaluating the ability of imaging agent 68Ga-FAP-2286 to detect metastatic cancer in patients with solid tumors is scheduled for Saturday, February 26.

For more information about FAP-2286, targeted radionuclide therapy, or Clovis’ TRT development program, please visit targetedradiotherapy.com.

About the LuMIERE Clinical Study

LuMIERE is a Phase 1/2 study evaluating FAP-2286 as a peptide-targeted radionuclide therapy (PTRT) targeting fibroblast activation protein, or FAP, in patients with advanced solid tumors. The Phase 1 portion of the LuMIERE study is evaluating the safety of the investigational therapeutic agent and will identify the recommended Phase 2 dose and schedule of lutetium-177 labeled FAP-2286 (177Lu-FAP-2286). FAP-2286 labeled with gallium-68 (68Ga-FAP-2286) will be utilized as an investigational imaging agent to identify patients with FAP-positive tumors appropriate for treatment with the therapeutic agent. Once the Phase 2 dose is determined, Phase 2 expansion cohorts are planned in multiple tumor types.

About FAP-2286

FAP-2286 is a clinical candidate under investigation as a peptide-targeted radionuclide therapy (PTRT) and imaging agent targeting fibroblast activation protein (FAP). FAP-2286 consists of two functional elements; a targeting peptide that binds to FAP and a site that can be used to attach radioactive isotopes for imaging and therapeutic use. High FAP expression has been shown in pancreatic ductal adenocarcinoma, salivary gland, mesothelioma, colon, bladder, sarcoma, squamous non–small cell lung, squamous head and neck cancers, and cancer of unknown primary. High FAP expression was detected in both primary and metastatic tumor samples and was independent of tumor stage or grade.

Clovis holds US and global rights for FAP-2286 excluding Europe, Russia, Turkey, and Israel.

FAP-2286 is an unlicensed medical product.

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 delivery of radiation to normal tissue. Targeted radionuclides are created by linking radioactive isotopes, also known as radionuclides, to targeting molecules (e.g., peptides, antibodies, small molecules) that can bind specifically to tumor cells or other cells in the tumor environment. Based on the radioactive isotope selected, the resulting agent can be used to image and/or treat certain types of cancer. Agents that can be adapted for both therapeutic and imaging use are known as "theranostics." Clovis, together with licensing partner 3B Pharmaceuticals, is developing a pipeline of novel, targeted radiotherapies for cancer treatment and imaging, including its lead candidate, FAP-2286, an investigational peptide-targeted radionuclide therapeutic (PTRT) and imaging agent, as well as three additional discovery-stage compounds.

Cerus Corporation to Participate at the Cowen 42nd Annual Health Care Conference

On February 25, 2022 Cerus Corporation (Nasdaq: CERS) reported that Kevin D. Green, Cerus’ chief financial officer, is scheduled to participate at the Cowen 42nd Annual Health Care Conference on Wednesday, March 9, 2022 at 1:30 p.m. EST (Press release, Cerus, FEB 25, 2022, View Source [SID1234609059]).

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A live webcast of the event will be available on the Investor Relations page of the Cerus web site at View Source A replay will be available for approximately two weeks following the completion of the event.