Servier and Taiho Oncology Present Overall Survival Data for Trifluridine/Tipiracil (LONSURF®) In Combination With Bevacizumab in Patients With Refractory Metastatic Colorectal Cancer at 2023 ASCO Gastrointestinal Cancers Symposium

On January 17, 2023 Servier and Taiho Oncology, Inc., reported the release of data from SUNLIGHT, a pivotal Phase 3 global trial evaluating the combination of trifluridine/tipiracil (LONSURF) and bevacizumab in adults with refractory metastatic colorectal cancer (mCRC), demonstrating that the trial met its primary endpoint of overall survival (OS) (Press release, Servier, JAN 17, 2023, View Source [SID1234626311]). These data will be shared during an oral presentation (Abstract #392020) on January 21, 2023 at the American Society of Clinical Oncology (ASCO) (Free ASCO Whitepaper) Gastrointestinal Cancers Symposium (ASCO GI) in San Francisco.

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The SUNLIGHT trial investigated the efficacy and safety of trifluridine/tipiracil plus bevacizumab versus trifluridine/tipiracil alone in patients with refractory mCRC following disease progression or intolerance on two prior chemotherapy regimens. Results from the main analysis demonstrated that the investigational combination provided a statistically significant and a clinically meaningful improvement in OS of 3.3 months compared to trifluridine/tipiracil alone (10.8 months vs. 7.5 months, hazard ratio [HR]: 0.61, 95%, confidence interval [CI]: 0.49-0.77, p<0.001). This improvement in OS represents a 39% reduction in the risk of death in patients with refractory mCRC.

Regarding the key secondary endpoint, there was a statistically significant improvement for the trifluridine/tipiracil plus bevacizumab combination versus trifluridine/tipiracil alone in progression-free survival (PFS) (5.6 months vs. 2.4 months, HR: 0.44, 95% CI: 0.36-0.54, p<0.001).

"The prognosis for metastatic colorectal cancer patients who do not respond to chemotherapy remains poor, with median survival times typically ranging from 4 to 8 months," said Professor Josep Tabernero, MD, PhD, Head of Medical Oncology, Vall d’Hebron University Hospital, Barcelona, Spain, and Principal Investigator for the SUNLIGHT trial. "Coupled with the fact that cases of colorectal cancer are increasing, there is an urgent need for new treatment options that can extend survival in patients with metastatic colorectal cancer in the later stages of disease. Findings from the SUNLIGHT trial represent an important development, which will be welcomed by the colorectal cancer community."

Side effects were as expected based on the known profile of each treatment and well managed. The percentage of patients who experienced severe adverse events (Grade ≥3) was similar in the trifluridine/tipiracil plus bevacizumab and trifluridine/tipiracil groups: 72.4% versus 69.5%, respectively. The most frequent severe treatment emergent adverse events for trifluridine/tipiracil plus bevacizumab and trifluridine/tipiracil groups were neutropenia (43.1% versus 32.1%) and anemia (6.1% versus 11.0%), respectively.

"We are delighted by the findings from SUNLIGHT which demonstrate trifluridine/tipiracil plus bevacizumab may be an effective and manageable post-progression therapy in metastatic colorectal cancer," said Nadia Caussé-Amellal, MD, Head of Global Development, GI Indications, Oncology and Immuno-Oncology Therapeutic Area, Servier. "In the coming months both Servier and Taiho Oncology plan to submit these data to regulatory authorities with a view to bringing this innovative combination to patients as early as possible."

"Given the typically poor prognosis and limited options for patients with refractory metastatic colorectal cancer, there is a significant need to explore different approaches to treatment that may impact the course of disease for these patients," said Fabio Benedetti, MD, Global Chief Medical Officer for Oncology, Taiho Pharmaceutical Co., Ltd. "The results of this study potentially further validate the utility of trifluridine/tipiracil in this patient population and demonstrate the potential impact of this combination therapy for the management of advanced disease."

About Colorectal Cancer
Colorectal cancer is the third most common cancer worldwide,[1] with nearly 1.4 million people diagnosed with colorectal cancer (CRC) each year,[1] equating to 10% of the global cancer cases.[1] CRC is the second most common cause of cancer mortality, accounting for 881,000 deaths globally in 2018.[2] The worldwide incidence of colorectal cancer is expected to exceed 3 million cases annually by 2040,[3] and the number of deaths is predicted to increase by more than 70% to 1.6 million per year.[3]

About the SUNLIGHT Trial
SUNLIGHT is a multinational, open-label, active-controlled, two-arm Phase 3 trial to investigate the efficacy and safety of trifluridine/tipiracil plus bevacizumab versus trifluridine/tipiracil alone, in patients with refractory mCRC following two chemotherapy regimens. A total of 492 patients were randomly allocated (in a 1:1 ratio) to receive trifluridine/tipiracil plus bevacizumab or trifluridine/tipiracil monotherapy. The primary objective was to demonstrate the superiority of trifluridine/tipiracil plus bevacizumab over trifluridine/tipiracil alone, in terms of OS (primary endpoint). Key secondary objectives were to compare the regimens in terms of progression-free survival (PFS), overall response rate (ORR), disease control rate (DCR) and quality of life (QoL), as well as the safety and tolerability of trifluridine/tipiracil plus bevacizumab in comparison with trifluridine/tipiracil monotherapy.

For more information on SUNLIGHT, please visit: View Source

About LONSURF
LONSURF is an oral nucleoside antitumor agent discovered and developed by Taiho Pharmaceutical Co., Ltd. LONSURF consists of a thymidine-based nucleoside analog, trifluridine, and the thymidine phosphorylase (TP) inhibitor, tipiracil, which increases trifluridine exposure by inhibiting its metabolism by TP. Trifluridine is incorporated into DNA, resulting in DNA dysfunction and inhibition of cell proliferation.

INDICATIONS
EU

Trifluridine and tipiracil, marketed under the brand name LONSURF, is indicated as monotherapy for the treatment of adult patients with:

Metastatic colorectal cancer who have been previously treated with, or are not considered candidates for, available therapies including fluoropyrimidine-, oxaliplatin- and irinotecan-based chemotherapies, anti-VEGF agents, and anti-EGFR agents; and
Metastatic gastric cancer including adenocarcinoma of the gastroesophageal junction, who have been previously treated with at least two prior systemic treatment regimens for advanced disease
U.S.

Trifluridine and tipiracil, marketed under the brand name LONSURF, is indicated for the treatment of adult patients with:

Metastatic colorectal cancer previously treated with fluoropyrimidine-, oxaliplatin- and irinotecan-based chemotherapy, an anti-VEGF biological therapy, and if RAS wild-type, an anti-EGFR therapy; and
Metastatic gastric or gastroesophageal junction adenocarcinoma previously treated with at least two prior lines of chemotherapy that included a fluoropyrimidine, a platinum, either a taxane or irinotecan, and if appropriate, HER2/neu-targeted therapy
IMPORTANT SAFETY INFORMATION WARNINGS AND PRECAUTIONS

Indications and Use

LONSURF is indicated for the treatment of adult patients with:

Metastatic colorectal cancer previously treated with fluoropyrimidine-, oxaliplatin- and irinotecan-based chemotherapy, an anti-VEGF biological therapy, and if RAS wild-type, an anti-EGFR therapy
metastatic gastric or gastroesophageal junction adenocarcinoma previously treated with at least two prior lines of chemotherapy that included a fluoropyrimidine, a platinum, either a taxane or irinotecan, and if appropriate, HER2/neu-targeted therapy.
IMPORTANT SAFETY INFORMATION

WARNINGS AND PRECAUTIONS

Severe Myelosuppression:

LONSURF caused severe and life-threatening myelosuppression (Grade 3-4) consisting of neutropenia (38%), anemia (18%), thrombocytopenia (5%), and febrile neutropenia (3%). Two patients (0.2%) died due to neutropenic infection. A total of 12% of LONSURF-treated patients received granulocyte-colony stimulating factors. Obtain complete blood counts prior to and on day 15 of each cycle of LONSURF and more frequently as clinically indicated. Withhold LONSURF for febrile neutropenia, absolute neutrophil count less than 500/mm3, or platelets less than 50,000/mm3. Upon recovery, resume LONSURF at a reduced dose as clinically indicated.

Embryo–Fetal Toxicity:

LONSURF can cause fetal harm when administered to a pregnant woman. Advise pregnant women of the potential risk to the fetus. Advise females of reproductive potential to use effective contraception during treatment and for at least 6 months after the final dose.

USE IN SPECIFIC POPULATIONS

Lactation: It is not known whether LONSURF or its metabolites are present in human milk. There are no data to assess the effects of LONSURF or its metabolites on the breast-fed infant or the effects on milk production. Because of the potential for serious adverse reactions in breast-fed infants, advise women not to breastfeed during treatment with LONSURF and for 1 day following the final dose.

Male Contraception: Because of the potential for genotoxicity, advise males with female partners of reproductive potential to use condoms during treatment with LONSURF and for at least 3 months after the final dose.

Geriatric Use: Patients 65 years of age or over who received LONSURF had a higher incidence of the following compared to patients younger than 65 years: Grade 3 or 4 neutropenia (46% vs 32%), Grade 3 anemia (22% vs 16%), and Grade 3 or 4 thrombocytopenia (7% vs 4%).

Hepatic Impairment: Do not initiate LONSURF in patients with baseline moderate or severe (total bilirubin greater than 1.5 times ULN and any AST) hepatic impairment. Patients with severe hepatic impairment (total bilirubin greater than 3 times ULN and any AST) were not studied. No adjustment to the starting dose of LONSURF is recommended for patients with mild hepatic impairment.

Renal Impairment: No adjustment to the starting dosage of LONSURF is recommended in patients with mild or moderate renal impairment (CLcr of 30 to 89 mL/min). Reduce the starting dose of LONSURF for patients with severe renal impairment (CLcr of 15 to 29 mL/min) to a recommended dosage of 20 mg/m2.

ADVERSE REACTIONS

Most Common Adverse Drug Reactions in Patients Treated With LONSURF (≥5%): The most common adverse drug reactions in LONSURF-treated patients vs placebo-treated patients with mCRC, respectively, were asthenia/fatigue (52% vs 35%), nausea (48% vs 24%), decreased appetite (39% vs 29%), diarrhea (32% vs 12%), vomiting (27% vs 16%), infections (27% vs 16%), abdominal pain (21% vs 18%), pyrexia (19% vs 14%), stomatitis (8% vs 6%), dysgeusia (7% vs 2%), and alopecia (7% vs 1%). In metastatic gastric cancer or gastroesophageal junction (GEJ), the most common adverse drug reactions, respectively were, nausea (37% vs 32%), decreased appetite (34% vs 31%), vomiting (25% vs 20%), infections (23% vs 16%) and diarrhea (23% vs 14%).

Pulmonary emboli occurred more frequently in LONSURF-treated patients compared to placebo: in mCRC (2% vs 0%) and in metastatic gastric cancer and GEJ (3% vs 2%).

Interstitial lung disease (0.2%), including fatalities, has been reported in clinical studies and clinical practice settings in Asia.

Laboratory Test Abnormalities in Patients Treated With LONSURF: The most common laboratory test abnormalities in LONSURF-treated patients vs placebo-treated patients with mCRC, respectively, were anemia (77% vs 33%), neutropenia (67% vs 1%), and thrombocytopenia (42% vs 8%). In metastatic gastric cancer or GEJ, the test abnormalities, respectively, were neutropenia (66% vs 4%), anemia (63% vs 38%), and thrombocytopenia (34% vs 9%).

IASO Bio Raises Nearly $75 Million in Series C1 Funding

On January 17, 2023 IASO Biotherapeutics (IASO Bio), a clinical-stage biopharmaceutical company engaged in discovering, developing, and manufacturing innovative cell therapies and antibody products, reported the completion of nearly US $75 million ($500 million RMB) in Series C1 funding. Eleven investment organizations participated in this investment round, including Shanghai Guoxin Investment & Development, Efung Capital, Shanghai Waigaoqiao Free Trade Zone Group, Nanjing Jiangbei New Area State-owned Asset Management, Housen Care Brothers, and Hongcheng Investment (Press release, IASO Biotherapeutics, JAN 17, 2023, View Source [SID1234626310]). The funding will support research and development of the company’s pipeline products, and the commercial launch of its core product Equecabtagene Autoleucel.

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"Despite the current challenging investment climate, greater competitive pressures, and increasingly strict regulatory policies, IASO Bio has been able to attract investors’ attention. For this we are extremely grateful," said Dr. Alan Fu, IASO Bio’s CFO. "The successful fund raising is strong proof of IASO Bio’s outstanding research and development in cell therapy and superior execution capabilities. During the past year, our company has achieved numerous milestones and is on the transition to commercialization. The new funding will help accelerate development and commercialization of innovative drugs, enable us to keep working toward our vision of ‘bringing hope to patients in China and around the world."

According to Jianhua Zhao, COO of Shanghai Guoxin Investment, "Cell therapy is curable therapies for patients suffering from hematological tumors. IASO Bio is dedicated to bringing hope to these patients by fulfilling the unmet medical needs. The company has developed a rich and balanced product pipeline and established itself as one of China’s leading cell therapy companies. Despite a late start, IASO Bio has taken the lead and become the first company to receive New Drug Application (NDA) acceptance of a fully in-house developed CAR-T product, Equecabtagene Autoleucel for the treatment of relapsed/refractory multiple myeloma (r/r MM), in China. Its outstanding research and highly effective execution capabilities, and the team’s global vision, have all deeply impressed us. Guoxin will leverage our industry resources to help IASO Bio in its journey to further develop innovative medicines and to benefit patients in China and worldwide."

Transcenta to Present "Trial in Progress" at ASCO-GI 2023 for TST001 (Osemitamab) Combination with Nivolumab, with or without Chemotherapy in Advanced G/GEJ Cancer

ON January 17, 2023 Transcenta Holding Limited ("Transcenta") (HKEX: 06628), a clinical stage biopharmaceutical company with fully-integrated capabilities in discovery, research, development and manufacturing of antibody-based therapeutics, reported that it will present the design of 2 cohorts from a Phase I/IIa study of TST001, its high affinity humanized ADCC-enhanced anti-Claudin18.2 monoclonal antibody, in combination with Nivolumab plus Capecitabine and Oxaliplatin as first-line or with Nivolumab as late-line treatment in locally advanced and metastatic gastric/gastroesophageal junction (G/GEJ) cancer (TranStar102/TST001-1002) (Press release, Transcenta, JAN 17, 2023, View Source [SID1234626309]).

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The 2023 ASCO (Free ASCO Whitepaper) GI Cancers Symposium has a strong focus on the latest innovative science, solution-focused strategies and multidisciplinary approaches in GI cancer research and development, treatment and care.

Details of the poster are as follows:

Title: TST001 (a High Affinity Humanized Anti-Claudin18.2 Monoclonal Antibody) in Combination with Nivolumab plus Capecitabine and Oxaliplatin as First-line or with Nivolumab as Late-line Treatment in Locally Advanced and Metastatic Gastric/Gastroesophageal Junction (G/GEJ) Cancer: Design of Cohorts from a Phase I/IIa Study (TranStar102/TST001-1002)

Abstract Number: TPS476

Session Title: Trials in Progress Poster Session A: Cancers of the Esophagus and Stomach and Other GI Cancers

First Author: Professor Weijian Guo, Fudan University Shanghai Cancer Center

Presentation Time: Thursday, January 19, 2023, 12:00 PM – 1:30 PM(PST)

Presenter: Professor Weijian Guo, Fudan University Shanghai Cancer Center

"We are committed to developing our best-in-class CLDN18.2 antibody, Osemitamab to the best of its potential. There is a strong scientific rationale to combine it with the standard of care Nivolumab and chemotherapy, including in PD-L1 CPS less than 5." said Dr. Caroline Germa, Transcenta’s Executive Vice President, Global Medicine Development and Chief Medical Officer.

About TST001 (Osemitamab)

TST001 (Osemitamab) is a high affinity humanized anti-Claudin18.2 monoclonal antibody with enhanced antibody-dependent cellular cytotoxicity ("ADCC") and complement-dependent cytotoxicity ("CDC") activities and potent anti-tumor activities in tumor xenograft models. TST001 (Osemitamab) is the second most advanced Claudin18.2 targeting antibody being developed globally. TST001 (Osemitamab) is generated using Transcenta’s Immune Tolerance Breaking Technology (IMTB) platform. TST001 (Osemitamab) kills Claudin18.2 expressing tumor cells by mechanisms of ADCC and CDC. Leveraging advanced bioprocessing technology, the fucose content of TST001 (Osemitamab) was significantly reduced during the production, which further enhanced NK cells mediated ADCC activity of TST001 (Osemitamab). Clinical trials for TST001 (Osemitamab) are ongoing in the U.S. and China (NCT04396821, NCT04495296/CTR20201281). TST001 (Osemitamab) was granted Orphan Drug Designation in the U.S. by FDA for the treatment of patients with gastric or gastroesophageal junction (G/GEJ) cancer.

Telix Reports Fourth Quarter 2022 Financial Results

On January 17, 2023 18 January 2023. Telix Pharmaceuticals Limited (ASX: TLX, Telix, the Company) today reported its Appendix 4C quarterly cash flow statement and accompanying Activities Report for the quarter ended 31 December 2022 (Q4 2022) (Press release, Telix Pharmaceuticals, JAN 17, 2023, View Source [SID1234626308]). All figures are in AUD$ unless otherwise stated1 and provided on an unaudited basis.

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Financial Summary

Telix achieved positive cash flow from operating activities: net operating cash flow improved by $6.9 million over the prior quarter to a $1.6 million inflow for the quarter
Cash receipts from customers were $72.2 million, up 62% from $44.5 million in the prior quarter
Telix reports Q4 2022 revenue of $78.2 million from global sales of Illuccix, up 41% on the prior quarter ($55.3 million, Q3 2022)
Revenue from sales of Illuccix in the United States up 43% to $76.8 million on the prior quarter (39% on a US dollar basis)
Commercial Activity Report

U.S. commercial update

In Q4 2022, the third quarter of commercial sales, Telix generated $76.8 million (US$50.5 million) revenue from sales of its prostate cancer positron emission tomography (PET) imaging agent, Illuccix. This represents a 43% increase on the prior quarter ($53.7 million, Q3 2022). Sales momentum continues to build, due to active reimbursement and growth across three major segments of hospital customers, independent imaging centres and government (Veterans Affairs) customers.

The Company’s distribution network now consists of 190 nuclear pharmacies nationwide, facilitating industry-leading on-time delivery and scheduling flexibility.

Kevin Richardson, CEO Telix Americas said, "We are pleased to see continued sales momentum nine months after launching in the United States and Puerto Rico. We are continuously adding new sites and growing existing accounts, resulting in a steady increase in demand for doses. In 2023, we look forward to building on the foundations of a successful commercial launch to continue to drive sustainable growth and make a positive impact on more patients’ lives."

Prostate imaging worldwide revenue

Total revenue of $78.2 million was generated from prostate imaging sales (including commercial sales of Illuccix in the U.S.) during the quarter. Of this, $1.4 million was generated from rest of world sales, predominantly being pre-commercial sales2 in Europe and the United Kingdom.

Net cash from operating activities

Telix reports its maiden quarter of net operating cash inflow, being a significant milestone for the business. The $1.6 million inflow for the quarter is a $6.9 million improvement on the prior quarter’s net operating cash outflow of $5.3 million and is largely representative of further growth in commercial sales, a continued focus on operating expenditure control and management of customer receivables.

1. Conversion to AUD is at the average exchange rate for the period. AUD$1 = US$0.66; AUD$1 = €0.64

2. Pre-commercial sales are from investigational, clinical trial, magisterial and compassionate use in accordance with local laws and regulations (not as a commercial diagnostic imaging product sold for routine clinical practice).

Cash receipts from customers improved 62% to $72.2 million, from $44.5 million in the prior quarter.

Payments for product manufacturing and related costs reflect higher volume of sales and timing of supplier payments, with a gross margin achieved of 63%, up 2% on the prior quarter of worldwide sales.

Operating and selling, general and administration costs were lower by $4.7 million compared to the prior quarter, reflecting improved working capital management.

Reasearch and development (R&D) costs remain well controlled, with $19.2 million invested in R&D, manufacturing and clinical development activities, a $2.9 million increase over the prior quarter.

Illuccix global regulatory update

During the quarter, Health Canada approved Illuccix for use with PET of prostate specific membrane antigen (PSMA) positive lesions in men with prostate cancer:

1. with suspected metastasis who are suitable for initial definitive therapy; and

2. with suspected recurrence with elevated serum prostate specific antigen (PSA) level.

Telix is preparing for commercial launch in Canada in H1 2023 through its partner, Isologic Innovative Radiopharmaceuticals, whose distribution network services 265 hospitals and clinics nationwide.

Telix is making progress on the regulatory refiling in Europe and is targeting to have the updated dossier finalised by the end of Q1 2023, for resubmission to the Danish Medicines Agency (DKMA). The DKMA will advise the revised review timeline upon formal acceptance of the updated dossier. Telix is also progressing marketing authorisation applications in Brazil and South Korea together with its partners.

Clinical Programs Update

Telix continues to progress its core clinical pipeline, with a focus on prostate cancer, renal (kidney) cancer, brain cancer (glioblastoma) and rare diseases (bone marrow conditioning). The Company has over 20 clinical trials underway, including collaborative investigator-initiated studies. Notable updates are included in this section of the activities report.

Renal (kidney) cancer / carbonic anhydrase IX (CAIX) program

The Company reported highly positive top-line data from the ZIRCON (NCT03849118) Phase III study of TLX250-CDx (89Zr-DFO-girentuximab), an investigational product for the PET imaging of clear cell renal cell carcinoma (ccRCC).1

The study met all of its primary and secondary endpoints:

Co-primary endpoints of 86% sensitivity and 87% specificity were delivered, considerably exceeding the confirmatory trial success target required to demonstrate the ability of TLX250-CDx to reliably detect the clear cell phenotype and provide a non-invasive method of diagnosing the presence and spread of ccRCC.
The key secondary endpoint in detecting ccRCC in tumours <4cm ("T1a" classification), was also delivered, with 85% sensitivity and 89% specificity achieved.
These results mean that, for the first time, there may be a non-invasive way to characterise and diagnose ccRCC, the most aggressive and common form of renal malignancy, which if approved would deliver on a major unmet medical need.

Detailed results from the ZIRCON study will be presented for the first time at the American Society of Clinical Oncology (ASCO) (Free ASCO Whitepaper) Genitourinary (GU) Cancers Symposium (ASCO GU) on 18 February 2023 in an oral presentation format.2

Dr Colin Hayward, Chief Medical Officer at Telix said: "The excellent results from the ZIRCON study validate that the CAIX target is potentially as ground-breaking in ccRCC as PSMA has been for prostate cancer, and that TLX250-CDx could change the standard of care in the diagnosis and management of renal masses. We are excited to present further clinical data at ASCO (Free ASCO Whitepaper)-GU next month, the leading specialised event for genitourinary cancer care worldwide, and to advance towards the preparation of a Biologics License Application for submission to the FDA."

1. ASX disclosure 7 November 2022.

2. ASX disclosure 22 December 2022.

TLX250-CDx potential for indication expansion

Beyond ccRCC, CAIX is also expressed by a number of other solid tumours including bladder or urothelial, breast, brain, cervix, colon, oesophagus, head and neck, lung, ovarian, pancreatic and vulval cancers. It is often expressed in hypoxic (oxygenated) tumour cells, characteristic of advanced disease with typically poor treatment outcomes. Hypoxic tumours are typically more aggressive and less responsive to current treatments, particularly immunotherapies.1

Based on this potential to target multiple tumour types, investigator-led studies are in progress using TLX250-CDx in imaging of urothelial carcinoma or bladder cancer (ZiP-UP, NCT05046665), metastatic triple negative breast cancer (OPALESCENCE, NCT04758780), and non-muscle invasive bladder cancer (PERTINENCE, NCT04897763), and as proof- of-concept for stand-alone and combination therapies. OPALESENCE and PERTINENCE studies reported positive preliminary data during the quarter at the European Association of Nuclear Medicine (EANM) Annual Congress.2

Also during the quarter, Telix announced STARBURST (NCT05563272), a prospective, open-label, Phase II study to explore CAIX expression through TLX250-CDx PET/CT imaging in patients with various solid tumours for diagnostic and therapeutic applications.3 An investigational new drug application (IND) has been submitted to the FDA with first patients expected to be enrolled in the study during Q1 2023.

Prostate cancer / PSMA therapy program

Telix’s PSMA-targeting ProstACT therapeutic program is evaluating the efficacy of Telix’s lutetium-177 (177Lu)-labelled therapeutic antibody (TLX591) in various stages of prostate cancer, from first recurrence to advanced metastatic disease.4

The ProstACT SELECT study (NCT04786847), a "theranostic" (imaging and therapy) Phase I radiogenomics study to demonstrate the utility of Illuccix to select TLX591 patients for therapy, continues to recruit well with top-line data expected in H1 2023. During the quarter, a first patient was dosed in the Phase II ProstACT TARGET study of TLX591 (NCT05146973), in patients experiencing a first recurrence of prostate-specific antigen (PSA) after initial therapy for prostate cancer.5

The Company is progressing manufacturing scale up and regulatory submissions for the ProstACT GLOBAL Phase III study (NCT04876651) in preparation to commence dosing patients in Australia and New Zealand, the U.S. and Europe, subject to the requisite regulatory approvals. The study will be a global randomised controlled trial in patients progressing on novel hormonal therapy in the metastatic setting. Patients will be randomised 2:1 to TLX591 with a total of ~392 patients expected to be enrolled. An interim analysis for safety and efficacy is planned at approximately 120 patients.

Glioblastoma (brain cancer) / LAT-1 program

During the quarter, a first patient was dosed in IPAX-Linz (IPAX-L), a Phase II investigator-initiated study of TLX101 in combination with external beam radiation therapy (EBRT) in patients with recurrent high-grade gliomas (HGG), including glioblastoma multiforme (GBM).6 TLX101 (4-L-[131I] iodo-phenylalanine, or 131I-IPA) is one of Telix’s lead therapeutic clinical programs and has been granted orphan drug designation in the U.S. and Europe. TLX101 targets L-type amino acid transporter 1 (LAT-1), typically over-expressed in many malignant tumours, including HGG/GBM.

The IPAX-Linz study, led by Professor Josef Pichler at Kepler University Hospital in Linz, Austria, builds on encouraging safety and preliminary efficacy data generated in the IPAX-1 study.7 IPAX-Linz will continue to study the benefit of TLX101 to patients in the second line (refractory) setting at this leading neuro-oncology site in Europe. The goal of this study is to gather additional data on clinical utility.

IPAX-Linz will run concurrently with IPAX-2 (NCT05450744), which is evaluating TLX101 in combination with post-surgical standard of care comprised of EBRT and temozolomide in newly diagnosed (first line) GBM patients. It is expected that the combination of the IPAX-1, IPAX-2 and IPAX-L studies will inform a pivotal trial strategy for this asset by end-2023.

1. Huizing, F.J. et al. Sci Rep 9 2019.

2. ASX disclosure 18 October 2022.

3. ASX disclosure 7 November 2022.

4. ASX disclosure 27 January 2022.

5. ASX disclosure 12 April 2022.

6. Telix media release 22 November 2022.

7. ASX disclosure 21 September 2022.

Research, Innovation and Manufacturing

In November 2022, Telix entered into a collaboration with UniQuest Pty Ltd (UniQuest), the commercialisation company of The University of Queensland (UQ), to develop a radiolabelled molecule targeting an immune checkpoint protein.1 The goal is that an immune targeting peptide could be used as an imaging agent to determine the presence of certain immune checkpoint proteins in metastatic tumours, in order to guide patient selection for immunotherapy.

The Company also announced its acquisition of Optimal Tracers, a Sacramento (California)-based radiochemistry development company, that provides radiochemistry process development services and research tracers for use in clinical trials.2 The acquisition of Optimal Tracers expands Telix’s translational radiochemistry capability and offers a unique environment for pharma partnerships and collaborations.

In December 2022, Telix published that it has been granted an updated radiation licence by the Belgian Federal Agency for Nuclear Control (FANC) for its European radiopharmaceutical production facility in Brussels South.3 This licence paves the way for the Company to activate the site for production H2 2023 subject to the requisite regulatory inspections and approvals.

Executive Leadership Changes

Also in December 2022, Telix announced several key executive leadership appointments and promotions.

Richard Valeix, Chief Executive Officer for the Europe, Middle East and Africa (EMEA) operating region since joining Telix in May 2021, was appointed to the newly created role of Group Chief Commercial Officer.

Raphael Ortiz, Chief Operating Officer – EMEA since joining in January 2022, succeeds Richard as Chief Executive Officer – EMEA.

Genevieve Ryan also joined the Company as Group Company Secretary, replacing Melanie Farris who has retired from the role to take on a broader portfolio as Senior Vice President Global Governance, Risk and Compliance (GRC).

These appointments reflect an increased commercial focus of the Company and ongoing succession planning to ensure Telix has an optimal mix of skills and experience as the Company prepares to enter a new phase with a portfolio of multiple commercial products.

Payments to Related Parties

Telix confirms that payments noted under section 6.1 of the accompanying Appendix 4C include payments of $1.3 million to ABX-CRO advanced pharmaceutical services (of which Non-Executive Director Dr. Andreas Kluge is Managing Director) for the provision of clinical and analytical services for the Company’s development programs. Payments of $0.2 million to Directors were for Director fees and Managing Director salary.

Investor Call

An investor conference call and webcast was held at 9.00am on Wednesday 18 January AEDT (5.00pm, Tuesday 17 January, EST).

Keymed Biosciences | The Latest Results from the Phase Ia Clinical Study of CMG901 was presented at the 2023 ASCO GI CANCERS SYMPOSIUM

On January 17, 2023 Keymed Biosciences Inc. (Stock Code: 02162 HK) is pleased to reported that the latest data from the Phase Ia dose-escalation trial of CMG901 (Claudin 18.2 antibody drug conjugate), a novel drug candidate, for advanced solid tumors will be presented as a poster at the 2023 Gastrointestinal Cancers Symposium of the American Society of Clinical Oncology (ASCO) (Free ASCO Whitepaper) (2023 ASCO (Free ASCO Whitepaper) GI) (Press release, Keymed Biosciences, JAN 17, 2023, View Source;the-latest-results-from-the-phase-ia-clinical-study-of-cmg901-was-presented-at-the-2023-asco-gi-cancers-symposium-301724117.html [SID1234626307]).

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Poster Title:A Phase 1a dose-escalation, multicenter trial of anti-claudin 18.2 antibody drug conjugate CMG901 in patients with resistant/ refractory solid tumors

Abstract #:352
Poster Bd #:E13
Abstract Presenter:Rui-hua Xu, Department of Medical Oncology, Sun Yat-sen University Cancer Center

This Phase Ia trial (NCT04805307) was designed to evaluate the safety, tolerability, pharmacokinetics, immunogenicity, and preliminary anti-tumor activity of CMG901 in patients with advanced solid tumors. During the dose-escalation phase, Claudin 18.2 expression was retrospectively tested by the central lab.

As of August 4, 2022, totally 27 patients (13 gastric/gastroesophageal junction (gastric/GEJ) cancer and 14 pancreatic cancer patients) were enrolled in the Phase Ia clinical study of CMG901. The results showed that CMG901 was well-tolerated with a favorable safety profile. Drug-related grade ≥3 adverse events (AEs) occurred in 3/27 (11.1%) patients. No drug-related grade ≥4 AEs were reported. Patients received CMG901 at dose levels up to 3.4 mg/kg, and maximum tolerated dose (MTD) was not reached. One patient in the 2.2 mg/kg cohort developed a dose-limiting toxicity.

Preliminary efficacy results demonstrated that in the 8 Claudin 18.2-positive gastric/GEJ cancer patients receiving CMG901, objective response rate (ORR) and disease control rate (DCR) were 75.0% and 100%, respectively, with ORR of 100% in the 2.6, 3.0, and 3.4 mg/kg cohorts. Median progression free survival (mPFS) and median overall survival (mOS) were not reached yet.

Efficacy of CMG901 in CLDN18.2-positive Gastric/GEJ Cancer (N=8)

ORR#

75.0% (6/8)

DCR*

100% (8/8)

Median PFS, day

NR&

Median OS, day

NR&

# Proportion with complete response (CR) + partial response (PR)
* Proportion with CR+PR+stable disease
& mPFS and mOS were not reached.

CMG901 showed a favorable safety and tolerability profile in this trial. CMG901 at doses of ≥1.8 mg/kg yielded encouraging anti-tumor activity in patients with Claudin 18.2-positive gastric/GEJ cancer.

ABOUT KYM901

KYM901 is a first-in-human Phase I trial evaluating the safety, tolerability, pharmacokinetics, immunogenicity, and preliminary anti-tumor activity of CMG901 in patients with advanced solid tumors who had failed to respond to standard of care or had no available standard of care regimen. KYM901 comprises modified dose escalation part (Phase Ia) and dose-expansion part (Phase Ib). Patients enrolled in Phase Ia are not required to be positive for Claudin 18.2 expression, whereas Claudin 18.2 positivity tested by the central lab was required for patient entry into the Phase Ib trial.

ABOUT CMG901

CMG901, a novel recombinant humanized monoclonal antibody drug conjugate targeting Claudin 18.2, has been approved for clinical trials in both China and the United States. CMG901 consists of an anti-Claudin 18.2 monoclonal antibody, a protease-degradable linker, and a cytotoxic small molecule monomethyl auristatin E (MMAE). Enrollment of patients with solid tumors in Phase I dose-escalation trial of CMG901 was completed in the first half of 2022. Furthermore, Phase I dose-expansion trial of CMG901 in patients with solid tumors in China is simultaneously initiated since the second quarter of 2022.