ITI Announces Clinical Trial of ITI-3000 for the Treatment of Merkel Cell Carcinoma

On February 7, 2022 Immunomic Therapeutics, Inc., ("ITI"), a privately-held clinical-stage biotechnology company pioneering the study of LAMP (Lysosome Associated Membrane Protein) -mediated nucleic acid-based immunotherapy, reported its first Phase 1 clinical study evaluating ITI-3000 in patients with Merkel cell carcinoma (MCC), a rare but aggressive form of skin cancer that is typically caused by the Merkel cell polyomavirus (MCPyV) (Press release, Immunomic Therapeutics, FEB 7, 2022, View Source [SID1234607792]). The single-center study will be conducted at the University of Washington School of Medicine and the Fred Hutchinson Cancer Center in Seattle, Washington and will be led by Drs. Paul Nghiem, Song Park and David Koelle.

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The trial is a Phase 1, open label, First in Humans (FIH) study to evaluate the safety, tolerability and immunogenicity of 4 mg of ITI-3000 in patients with Merkel polyomavirus-positive Merkel cell carcinoma (MCC) patients who have undergone surgery. The study’s primary endpoints include Dose Limiting Toxicities (DLTs), Adverse Events/Serious Adverse Reactions, (AEs/SARs) standard clinical assessments and safety laboratory parameters.

ITI-3000 leverages the company’s investigational UNiversal Intracellular Targeted Expression (UNITE) platform, powered by LAMP, which fuses a mutated form of the large T antigen (LT) of Merkel cell polyomavirus (MCPγV) with LAMP1. This lysosomal targeting technology has been shown to result in enhanced antigen presentation and a balanced immune response, including, of note, ITI-3000 activated antigen-specific CD4+ T cells in vivo. The plasmid DNA vaccine will be administered utilizing PharmaJet’s well established Stratis Needle-free Injection System that precisely targets delivery to the intramuscular tissue layer.

"This therapeutic vaccine trial is the first of its kind in the world and may help address the fact that MCC recurs in 40% of cases after initial treatment, but no adjuvant therapy is approved for these patients," noted Dr. Paul Nghiem, co-lead of the clinical study, and Head of Dermatology at University of Washington.

"This Phase 1 clinical trial of ITI-3000 in MCC is an important milestone, as it expands the reach of our immuno-oncology program beyond our ongoing phase 2 study of ITI-1000 (Umitrelimorgene autodencel) in glioblastoma multiforme, to a second potential indication," stated Dr. William Hearl, Chief Executive Officer of Immunomic Therapeutics, Inc. "Based on the strength of our UNITE platform and strong pre-clinical data generated, to date, we believe ITI-3000 has the potential to address the urgent unmet medical need for therapies to treat this aggressive form of skin cancer."

The majority of MCCs are associated with MCPγV infection, making LT an attractive target for therapeutic cancer vaccines. MCPγV integrates into the host genome, resulting in expression of a truncated form of the viral LT in infected cells. While induction of tumor-reactive CD8+ T cells is a major goal of cancer therapy, CD4+ T cells provide essential support to CD8+ T cells by promoting their expression of cytotoxic effector molecules and increasing their proliferation and durability. Cytokines secreted by CD4+ T cells, such as IFNγ, can also exert desirable effects on the tumor microenvironment. Therefore, a cancer vaccine that promotes potent, antigen-specific CD4+ T cell responses to MCPγV-LT may drive robust anti-tumor immune responses.

GlaxoSmithKline plc Publication of full year 2021 results

On February 7, 2022 GlaxoSmithKline plc reported that it will announce its full year and fourth quarter 2021 results to the London Stock Exchange at 07:00 GMT on Wednesday 9 February 2022 (Press release, GlaxoSmithKline, FEB 7, 2022, View Source [SID1234607791]).

Analysts and investors are invited to participate in a conference call and webcast, including a presentation of the results and a Q&A session. This event will take place on the same day at 14:00 GMT.

To participate, please join the live audio webcast, which can be accessed directly via the website. The presentation will also be available on the website about one hour before the event’s start.

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Endeavor BioMedicines Closes $101M Series B Financing to Advance Clinical-Stage Precision Medicine Pipeline

On February 7, 2022 Endeavor BioMedicines, a clinical-stage biotechnology company targeting the core drivers of terminal diseases including oncology and fibrosis, reported the completion of a $101 million Series B financing, led by Ally Bridge Group and Avidity Partners (Press release, Endeavor BioMedicines, FEB 7, 2022, View Source [SID1234607788]). New investors participating in the round include Perceptive Advisors, Piper Heartland Healthcare Capital, Revelation Partners, funds managed by Tekla Capital Management LLC, and funds and accounts advised by T. Rowe Price Associates, Inc. Existing investors Omega Funds and Longitude Capital also participated. Proceeds will support the advancement of Endeavor’s pipeline programs, including ENV-101 (taladegib), a small molecule inhibitor of the PTCH1 receptor in the Hedgehog signaling pathway for the treatment of cancer and idiopathic pulmonary fibrosis (IPF), as well as ENV-201, a potentially best-in-class small molecule inhibitor of ULK1/2 for the treatment of KRAS-driven cancers.

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"Endeavor BioMedicines is developing precision medicines targeting the genetic culprits of cancer and fibrosis," said John Hood, Ph.D., Co-Founder, CEO and Chairman of Endeavor BioMedicines."Researchers have investigated Hedgehog and ULK1 signaling pathways over the last decade, but now we have the understanding and capability to identify the patients who will benefit most from them. The capital raised from a committed, top-tier investor syndicate enables us to deliver the right drug to the right patients in order to get the best clinical outcome."

ENV-101: Targeting the Hedgehog Signaling Pathway in Oncology and Pulmonary Disease

ENV-101 (taladegib), an orally available small molecule inhibitor of the Hedgehog signaling pathway, has already demonstrated impressive clinical efficacy and safety in nearly 200 subjects enrolled across six completed studies. Initially targeted for a broad group of patients with basal cell carcinoma (BCC), Endeavor is now investigating precision therapy approaches for ENV-101 in multiple types of cancers driven by the oncogenic driver mutation PTCH1, as well as in IPF.

PTCH1, an oncogenic driver mutation in the Hedgehog signaling pathway is found in approximately 2% of all cancers. Because of its prevalence across multiple types of cancer Endeavor plans to enroll patients in a tumor agnostic study that includes any patient with oncogenic hedgehog mutations irrespective of tissue of origin. Endeavor is currently enrolling patients in an open label Phase 2 clinical trial in oncology (www.clinicaltrials.gov identifier NCT05199584).

In IPF, myofibroblasts (the repair cells activated by the Hedgehog pathway) become dysregulated and relentlessly remodel lung tissue, forming fibrotic scars and contracting the lung. Selectively inhibiting this pathway in lung tissue effectively inactivates the myofibroblasts responsible for the disorder and forces them to undergo apoptosis, thereby eliminating the key cellular driver of IPF. A Phase 2 clinical trial designed to assess the efficacy and safety of taladegib as a monotherapy in subjects with mild to moderate IPF is currently enrolling (www.clinicaltrials.gov identifier NCT04968574).

ENV-201: Targeting Autophagy and ULK1/2 Inhibition

ENV-201 is an orally available small molecule inhibitor of ULK1/2, a critical enzyme in a cellular recycling process called autophagy that is often linked to drug resistance in KRAS- and STK11-mutated cancers. Tumor cells harness this recycling process to supply much-needed nutrients and metabolites when there are not enough in the available blood supply. Tumors, such as those with KRAS mutations, with high levels of autophagy are resistant to standard therapies, and those patients generally have a very poor prognosis. Researchers have also found that specific genetic mutations frequently found in lung, colorectal and pancreatic cancers cause those tumors to be highly dependent on this recycling pathway.

The combined research supports a precision approach targeting ULK1/2 to inhibit autophagy in genetically defined cancers alone or in combination with existing chemo-, targeted- and immuno-therapeutics. Endeavor plans to complete IND-enabling studies and advance the program into the clinic in the next year.

Appointments to the Board of Directors

As part of the financing, Andrew Lam, Pharm.D. (Ally Bridge Group) and Monal Mehta, Ph.D. (Avidity Partners) will join John Hood, Ph.D. (Board Chair), Bernard Davitian (Omega Funds), and Patrick Enright (Longitude Capital), on the board.

"Endeavor is led by a proven and experienced management team with a track record of value creation of underappreciated assets," said Andrew Lam.

"We are proud to be supporting a great team that has advanced an exciting pipeline of precision medicines in a short amount of time to deliver disease-modifying therapies for patients," said Monal Mehta.

Emergent BioSolutions to Release Fourth Quarter 2021 Financial Results and Conduct Conference Call on February 24, 2022

On February 7, 2022 Emergent BioSolutions Inc. (NYSE: EBS) reported that it will host a conference call on Thursday, February 24, 2022 at 5:00 pm eastern time to discuss the financial results for the fourth quarter 2021, recent business developments, financial outlook for full year 2022, and revenue guidance for the first quarter of 2022 (Press release, Emergent BioSolutions, FEB 7, 2022, View Source [SID1234607787]).

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This conference call can be accessed live by telephone or by webcast:

Webcast Information:
Visit View Source for the live webcast.

A replay of the call can be accessed from the Investors page of the Emergent website.

Plus Therapeutics to Present at BIO CEO & Investor Conference

On February 7, 2022 Plus Therapeutics, Inc. (Nasdaq: PSTV) (the "Company"), a clinical-stage pharmaceutical company developing innovative, targeted radiotherapeutics for rare and difficult-to-treat cancers, reported that Marc H. Hedrick M.D., President and Chief Executive Officer of Plus Therapeutics, will present a company overview during the BIO CEO & Investor Conference on Monday, February 14, 2022 at 1:15 p.m. ET, at the New York Marriott Marquis (Press release, Cytori Therapeutics, FEB 7, 2022, View Source;Investor-Conference/default.aspx [SID1234607786]).

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The Company’s live presentation will be made available through the BIO CEO & Investor Conference website and available on-demand to registered participants during the conference at View Source Investors interested in arranging a meeting with the Company’s management for this conference should contact the conference coordinator.