MGFB Announces Agreement With Mayo Clinic for Development of Novel Therapeutic Cancer Vaccines

On November 8, 2022 MGFB, a subsidiary of FairWinds Bio (FWB), reported that it has entered into a patent license agreement with Mayo Clinic to advance experimental cancer vaccine therapeutics based on a novel platform developed over the past 20 years by Richard Vile, Ph.D., Mayo Clinic Professor of Immunology as well as several colleagues (Press release, Greenfire, NOV 8, 2022, View Source [SID1234625113]). Founding equity ownership in MGFB includes FWB, University of Leeds and Mayo Clinic.

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The platform is designed to address mutational burden, immune escape, and tumor resistance, commonly seen in many solid tumor patients. By delivering a broad repertoire of tumor associated antigens, ASEL and neoantigens enhanced by APOBEC mutagenesis, strong T-cell responses have been demonstrated pre-clinically without the need for identification of patient specific tumor associated antigens. Preclinical studies have demonstrated durable responses in a melanoma study in mice. Additional pre-clinical data in models of glioma and hepatocellular carcinoma confirm the utility of this approach. MGFB intends to advance multiple programs into the clinic to address indications where current therapeutic options are limited.

"I look forward to working with the MGFB team to advance these therapeutic vaccines to help the many patients who need better treatment options than are currently available," said Dr. Vile.

"We are very excited to collaborate with Mayo Clinic on this approach to treating solid tumors. Our objective is to develop the most therapeutically effective constructs with the hope of providing patients better therapeutic alternatives," said Ajit Gill, CEO of MGFB.

Mayo Clinic has a financial interest in the technology referenced in this press release. Mayo Clinic will use any revenue it receives to support its not-for-profit mission in patient care, education and research.

Quarterly Statement Third Quarter of 2022

On November 8, 2022 Bayer reported its quarterly results for third quarter of 2022 (Presentation, Bayer, NOV 8, 2022, View Source [SID1234624458]).

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10-Q – Quarterly report [Sections 13 or 15(d)]

Heron Therapeutics has filed a 10-Q – Quarterly report [Sections 13 or 15(d)] with the U.S. Securities and Exchange Commission .

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10-Q – Quarterly report [Sections 13 or 15(d)]

Ligand has filed a 10-Q – Quarterly report [Sections 13 or 15(d)] with the U.S. Securities and Exchange Commission .

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Summary of Consolidated Financial Results [Japanese GAAP] For the Second Quarter of the Fiscal Year Ending March 31, 2023

On November 8, 2022 Nippon Kayaku reported that Summary of Consolidated Financial Results [Japanese GAAP] For the Second Quarter of the Fiscal Year Ending March 31, 2023 (Press release, Nippon Kayaku, NOV 8, 2022, View Source [SID1234623841])

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1. Consolidated Business Results for the Second Quarter of the Fiscal Year Ending March 31, 2023 (April 1, 2022–September 30, 2022) (Figures shown are rounded down to the nearest million yen.)
(1) Consolidated Operating Results
(2) Consolidated Financial Position

2. Status of Dividends

3. Consolidated Business Results Forecasts for the Fiscal Year Ending March 31, 2023 (April 1, 2022– March 31, 2023)

Quarterly summary financial statements are not subject to audit by a certified public accountant or audit firm. * Analysis related to appropriate use of the business forecasts, and other notes (Disclaimer concerning forward-looking statements) The information in this report constitutes forward-looking statements regarding future events and performance. This information is based on the beliefs and assumptions of management in light of information currently available to it at the time of announcement and subject to a number of uncertainties that may affect future results. Actual business results may differ substantially from the forecasts herein due to various factors. For matters pertaining to business forecasts, please refer to "(3) Analysis of Forward-looking Statements, Including Consolidated Business Results Forecasts" on page 3 of the Supplementary Information.