Beyond Cancer® Announces Sponsored Research Agreement with Stanford and Appointment of Frederick M. Dirbas, MD and Mark D. Pegram, MD to Scientific Advisory Board

On January 24, 2023 Beyond Cancer, Ltd., an affiliate of Beyond Air, Inc. (NASDAQ: XAIR) that is developing ultra-high concentration nitric oxide (UNO) as an immunotherapeutic for solid tumors, reported entry into a sponsored research agreement with Stanford School of Medicine and the appointment of Frederick M. Dirbas, MD, Associate Professor of Surgery, Division of Surgical Oncology, Stanford School of Medicine and Mark D. Pegram, MD, the Suzy Yuan-Huey Hung Endowed Professor of Medical Oncology at the Stanford School of Medicine to the Beyond Cancer Scientific Advisory Board (SAB) (Press release, Beyond Cancer, JAN 24, 2023, View Source [SID1234626505]). In addition to the research agreement, Dr. Dirbas will serve as Chair of the SAB, which provides guidance for ongoing preclinical studies as well as ongoing and planned future clinical trials in the use of UNO to treat solid tumors. The newly appointed members of the SAB will work to provide input on the clinical development of Beyond Cancer’s UNO technology particularly as it relates to the U.S. regulatory submission. The Company expects the protocols for its clinical program to be influenced by the preclinical data and the Phase 1 clinical trial experience.

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"I am excited to have these two accomplished oncologists join the Beyond Cancer Scientific Advisory Board," stated Dr. Selena Chaisson, Chief Executive Officer of Beyond Cancer. "The goal of the SAB will be to provide us with the best possible resources from experts around the world. Their input will help determine whether UNO may provide a superior efficacy and/or safety profile than current treatment options. We have high expectations for UNO as a potential new paradigm for treating patients with cancer."

These two expert academic clinicians have made important discoveries throughout their careers that have had outsized impacts on cancer care. As an investigator, Dr. Dirbas in 2002 was an early adopter of accelerated, partial breast irradiation for surgical patients with early-stage breast cancer and served as Primary Investigator (PI) on Stanford’s successful investigator initiated APBI trial: he has also served as site-PI for other cooperative group trials related to breast cancer. From 2010 to 2017 he was the leader of Stanford Cancer Center’s Breast Clinical Care Program during which time the program grew considerably in national recognition. For the last two decades, Dr. Dirbas has served as a co-investigator studying subtypes of breast cancer stem cells in triple negative breast cancer. Currently, he is the PI on studies in the application of FLASH radiotherapy in breast cancer (recently presented at the San Antonio Breast Cancer Symposium).

Dr. Pegram played a significant role in the pre-clinical and clinical development of trastuzumab (Herceptin) for the treatment of HER2-positive breast cancer. He was lead author on the papers describing pre-clinical synergy between multiple chemotherapeutics and trastuzumab, and the first phase II clinical trial of trastuzumab plus chemotherapy. In addition, he was the senior author of the pivotal trial of letrozole plus lapatinib – leading to an FDA approval. In addition, Dr. Pegram was the co-author of the pivotal trials of trastuzumab plus chemotherapy, and T-DM1, both published in the New England Journal of Medicine, and lead to FDA approvals.

"I am pleased to be appointed Chair of the Beyond Cancer Scientific Advisory Board," said Dr. Dirbas. "Dr. Pegram and I look forward to providing guidance to the team at Beyond Cancer on their preclinical and clinical studies as they work to translate UNO into a potential treatment option for patients with solid tumors."

Scientific Advisory Board Member Biographies

Frederick Dirbas, MD

Dr. Dirbas is a graduate of Stanford University and the Columbia University College of Physicians and Surgeons (now the Vagelos College of Physicians and Surgeons). He completed his surgical residency at Stanford University School of Medicine during which time he spent two years at the NIH/NHLBI/NCI as a clinical research fellow studying the use of immunotherapy to prevent rejection of cardiac transplants. Subsequently, he completed a surgical oncology fellowship at Stanford with John Niederhuber, MD.

Dr. Dirbas has served as a member of Stanford’s Scientific Review Committee and on study sections for the Susan Komen Foundation and the Department of Defense. Dr. Dirbas has published nearly 50 articles in peer-reviewed journals such as Journal of the National Comprehensive Cancer Network, Journal of the National Cancer Institute, and Cancer Biotherapy and Radiopharmaceuticals. As co-author, Dr. Dirbas has contributed to publications in Cancer Cell, Annals of Surgical Oncology, Science, Nature Communications, among other peer-reviewed journals. He was lead co-editor of an 86-chapter, multidisciplinary textbook on breast cancer published in 2011 that included authors from Stanford, Memorial Sloan Kettering, Dana Farber, the Mayo Clinic, MD Anderson, and other prominent cancer centers: over 200K chapters have been downloaded from the book electronically. He received the Silicon Valley Wellness Foundation’s Star Caregiver Award in 2008 and has been repeatedly named by Castle Connolly and other groups among the best doctors in America.

Initially, Dr. Dirbas was a critical care attending at the Palo Alto VA and a trauma surgeon when Stanford achieved recognition as a Level I Trauma Center in 1998. Since that time, Dr. Dirbas has maintained a highly respected clinical practice in breast surgical oncology. Most recently Dr. Dirbas joined Frontiers in Cell and Developmental Biology as a Review Editor. His research interests are focused on developing novel, paradigm shifting treatments for breast cancer and other solid tumors.

Mark Pegram, MD

Dr. Pegram is the Suzy Yuan-Huey Hung Endowed Professor of Medical Oncology at the Stanford University School of Medicine and currently serves as the Associate Dean for Clinical Research Quality at the Stanford University School of Medicine and is the Medical Director of the Stanford Clinical Translational Research Unit – a unit specializing in first-in-human phase I clinical trials.

Dr Pegram received his medical degree from the University of North Carolina at Chapel Hill. He went on to complete an internship and residency at the University of Texas Southwestern Medical Center in Dallas. He concluded his training with a fellowship at the UCLA David Geffen School of Medicine in Los Angeles, CA.

Dr Pegram’s breast cancer research is focused on the study of the cancer-associated gene that encodes HER2 and on the development of novel agents in the treatment of patients with HER2-positive metastatic breast cancer. He has authored more than 125 publications in medical oncology, hematology, and biosimilars across different cancer types.

Sunil Panchal, MD

Dr. Panchal is a minimally invasive spine and interventional pain specialist actively involved in the development of novel analgesics, neurostimulation devices, and surgical techniques as well as clinical research protocol designs. He currently serves as the President of the National Institute of Spine and Pain and is an invited editorial reviewer for Clinical Researcher, Anesthesia and Analgesia, Pain, Pain Medicine, and the Clinical Journal of Pain. Dr. Panchal joined the Beyond Cancer Scientific Advisory Board in December 2021.

Dr. Panchal was previously an Associate Professor in the Departments of Oncology and Anesthesiology and Director of Interventional Pain Medicine at the H. Lee Moffitt Cancer Center and Research Institute of the University of South Florida College of Medicine in Tampa, Florida. He also served as Co-Director of the Chronic Pain Service as well as Director of the Multidisciplinary Pain Fellowship Training Program at Johns Hopkins University with a joint appointment in Oncology, then subsequently served as Co-Director of the Chronic Pain Service as well as Director, Division of Pain Medicine at the Joan and Sanford I. Weill Medical College of Cornell University in New York. Dr. Panchal also served as the Chair of the National Comprehensive Cancer Network Cancer Pain Panel and has lectured widely at the national and international level.

Dr Panchal received his medical degree from Albany Medical College of Union University in Albany, New York and completed a residency in anesthesiology at Northwestern University in Chicago, Illinois. Following his residency, Dr. Panchal completed a fellowship in pain management at the University of Illinois in Chicago and a Business of Medicine Graduate Program at Johns Hopkins University in Baltimore, Maryland.

About Nitric Oxide

Nitric Oxide is a powerful molecule, naturally synthesized in the human body, proven to play a critical role in a broad array of biological functions. In the airways, NO targets the vascular smooth muscle cells that surround the small resistance arteries in the lungs. Currently, exogenous inhaled NO is used in adult respiratory distress syndrome, post certain cardiac surgeries and persistent pulmonary hypertension of the newborn to treat hypoxemia. Additionally, NO is believed to play a key role in the innate immune system and in vitro studies suggest that NO possesses anti-microbial activity not only against common bacteria, including both gram-positive and gram-negative, but also against other diverse pathogens, including mycobacteria, viruses, fungi, yeast and parasites, and has the potential to eliminate multi-drug resistant strains.

CymaBay Announces Pricing of Public Offering of Common Stock and Pre-Funded Warrants

On January 24, 2023 CymaBay Therapeutics, Inc. (Nasdaq: CBAY), a clinical-stage biopharmaceutical company focused on developing therapies for liver and other chronic diseases with high unmet medical need, reported the pricing of its previously reported underwritten public offering of common stock and pre-funded warrants (Press release, CymaBay Therapeutics, JAN 24, 2023, View Source [SID1234626503]). CymaBay is selling 10,000,000 shares of common stock and pre-funded warrants to purchase 2,142,857 shares of common stock in the offering. The shares of common stock are being sold at a public offering price of $7.00 per share, and the pre-funded warrants are being sold at a public offering price of $6.9999 per underlying share. The gross offering proceeds to CymaBay from this offering are expected to be approximately $85.0 million, before deducting the underwriting discount and other estimated offering expenses, and excluding the exercise of any pre-funded warrants. All shares of common stock and pre-funded warrants to be sold in the offering are being offered by CymaBay. CymaBay has granted the underwriters a 30-day option to purchase up to an additional 1,821,428 shares of its common stock at the public offering price per share less underwriting discounts and commissions. CymaBay anticipates using the net proceeds from the offering to fund ongoing development of seladelpar, including clinical trials targeting market expansion, and for working capital and general corporate purposes.

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The offering is expected to close on January 26, 2023, subject to the satisfaction of customary closing conditions.

Piper Sandler, Raymond James and Cantor are acting as the joint book-running managers for the offering.

The securities described above are being offered by CymaBay pursuant to a shelf registration statement filed with the Securities and Exchange Commission (the "SEC"). A preliminary prospectus supplement and accompanying prospectus related to the offering has been filed, and a final prospectus supplement and accompanying prospectus related to the offering will be filed, with the SEC and are or will be available on the SEC’s website at www.sec.gov. Copies of the prospectus supplement and the accompanying prospectus relating to this offering may be obtained, when available, from: Piper Sandler & Co., Attention: Prospectus Department, 800 Nicollet Mall, J12S03, Minneapolis, Minnesota 55402, by telephone at 800-747-3924, or by email at [email protected]; Raymond James & Associates, Inc., Attention: Equity Syndicate, 880 Carillon Parkway, St. Petersburg, Florida 33716, by telephone at (800) 248-8863, or by e-mail at [email protected]; or Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Ave., 4th Floor, New York, New York 10022, or by e-mail at [email protected].

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Genmab Announces Net Sales of DARZALEX® (daratumumab) for 2022

On January 24, 2023 Genmab A/S (Nasdaq: GMAB) reported that worldwide net trade sales of DARZALEX (daratumumab), including sales of the subcutaneous (SC) product (daratumumab and hyaluronidase-fihj, sold under the tradename DARZALEX FASPRO in the U.S.), as reported by Johnson & Johnson were USD 7,977 million in 2022 (Press release, Genmab, JAN 24, 2023, View Source [SID1234626502]). Net trade sales were USD 4,210 million in the U.S. and USD 3,767 million in the rest of the world. Genmab receives royalties on the worldwide net sales of DARZALEX, both the intravenous and SC products, under the exclusive worldwide license to Janssen to develop, manufacture and commercialize daratumumab.

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MannKind Corporation to Participate in the Lytham Partners Investor Select Conference

On January 24, 2023 MannKind Corporation (Nasdaq: MNKD), a company focused on the development and commercialization of inhaled therapeutic products and devices for patients with endocrine and orphan lung diseases, reported that its Chief Executive Officer, Michael Castagna, PharmD, and Chief Financial Officer, Steven B. Binder, will participate in the Lytham Partners Investor Select Conference taking place virtually on Tuesday, January 31, 2023 (Press release, Mannkind, JAN 24, 2023, View Source [SID1234626495]).

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The Company’s webcast presentation will be available for viewing at 9:00am ET on Tuesday, January 31, 2023, on the Company’s website at Events & Presentations or View Source The webcast will also be archived and available for replay.

Management will be participating in virtual one-on-one meetings. To arrange a meeting with management, please contact Lytham Partners at 1×[email protected].

PharmaMar announces the full approval of Zepzelca® (lurbinectedin) for the treatment of metastatic Small Cell Lung Cancer in Mexico

On January 24, 2023 PharmaMar (MSE:PHM) has reported that its licensing partner, Adium Pharma, has received the full approval for commercialization for Zepzelca (lurbinectedin) by the Federal Commission for the Protection against Sanitary Risks of Mexico (COFEPRIS) for the treatment of adult patients with metastatic Small Cell Lung Cancer (SCLC) with disease progression on or after platinum-based chemotherapy (Press release, PharmaMar, JAN 24, 2023, View Source [SID1234626497]).

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This new approval of lurbinectedin is based on the monotherapy clinical data from the open-label, multi-center, single-arm clinical trial in 105 adult patients with relapsed SCLC (including patients with platinum-sensitive and platinum-resistant disease), that the Food and Drug Administration (FDA) used to grant accelerated approval for lurbinectedin in the US.

In March 2021, PharmaMar and Adium Pharma signed a licensing agreement for lurbinectedin in Latin America. The Mexican approval of lurbinectedin has been preceded for Adium by the approval in November 2022 also in Ecuador.

These approvals allow Adium Pharma to commercialize lurbinectedin in Ecuador and Mexico in the following months. SCLC accounted for up to 15% of all lung cancer cases[1]. Most SCLC patients are already at the advanced stage upon diagnosis, resulting in poor prognosis.