Spago Nanomedical publishes positive preclinical data – BioStock

On January 12, 2023 Spago Nanomedical reported Preclinical data with Spago Nanomedical’s radionuclide therapy concept Tumorad was recently published in the scientific journal ACS Omega (Press release, Spago Nanomedical, JAN 12, 2023, View Source [SID1234626209]). The paper describes the composition, stability and mode of action for the drug candidate 177Lu-SN201 and concludes that the candidate’s properties are suitable for systemic treatment of cancer. BioStock reached out to CEO Mats Hansen to learn more on what this means for the project.

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In recent years, research in radiation therapy for cancer has advanced and has led to several approved drugs, such as Novartis’ Luthatera which was given the green light by the EMA in 2017 and by the FDA in 2018. The interest in this type of treatment is significant and can be illustrated by Lutathera’s turnover, which in 2021 amounted to USD 475 million. Learn more.

With new targeted treatments, it is now possible to achieve very high precision in combination with the validated effect of radiation treatment. The next generation of radionuclide treatments includes Spago Nanomedical‘s candidate 177Lu-SN201. The candidate is part of the company’s Tumorad project, which is currently being prepared for an upcoming phase I/IIa study.

Positive preclinical results published

Recently, Spago Nanomedical published preclinical data regarding 177Lu-SN201 in the scientific journal ACS Omega.In the peer-reviewed article, the authorsdescribethecandidate’s composition, stability andmode of action.

In short, the results show that the drug candidate accumulates in cancerous tumours and inhibits their growth, which leads to prolonged survival in a preclinical model for colon cancer.

The preclinical results indicate that the candidate is well suited for systemic treatment of cancer.

Comments from the CEO
BioStock reached out to Spago Nanomedical’s CEO Mats Hansen to learn more about the published results and what they mean for the company.

Mats, radionuclide therapies have attracted a lot of interest lately, why is that?

Mats Hansen, CEO Spago Nanomedical

– Radiation therapy has been a cornerstone of cancer treatment for a long time. The possibilities of achieving endogenous radiation treatment were previously limited to specific cancers such as thyroid cancer and bone cancer.

– When Algeta’s Xofigo was approved about ten years ago, a new generation of targeted radionuclide therapies emerged. A major breakthrough came 5-6 years ago with Novartis’ Lutathera, a drug that has an annual turnover of almost USD 500 million in a specific group of patients with so-called neuroendocrine tumours.

– With today’s radionuclide therapies, the effectiveness of radiation treatment can be combined with high-precision targeting of tumours. This means that we can now treat tumours with radiation that was previously not possible to access. So far, however, the field is limited to a few tumour types which it is possible to target biologically.

– In this context, Tumorad could potentially further contribute to the area through its mechanism based on physiological targeting, which means that significantly more types of tumours could be treated.

What was the purpose of the preclinical studies, the results of which are now published?

– The results that have now been published in a peer-reviewed scientific journal provide an overall picture of the composition and mode of action of our drug candidate 177Lu-SN201.

– As the article describes how the nanoparticle’s chemical design provides a strong and sustainable binding of radioisotope, a favourable distribution in the body, as well as a good inhibiting effect on tumour growth and prolonged survival, it marks an end to the preclinical development phase and lays the foundation for further development in clinical studies.

In your press release, you mention that your candidate accumulates to a greater extent in tumours than Lutathera does – what does that mean for the project?

– The radioactive isotope in Lutathera, 177lutetium, is the same as we use in Tumorad. The fact that we can preclinically show that our candidate with the injected dose accumulates in at least as good a way as Lutathera gives a very significant indication of the possibilities of being able to treat cancer patients.

– As I mentioned earlier, Tumorad’s targeting is not dependent on binding to a specific protein that is expressed on the cancer cell you want to access, but that it accumulates physiologically in the tumour tissue via the EPR effect (Enhanced Permeability and Retention effect).

– This means that Tumorad can potentially be used as monotherapy or combination therapy in several cancers, even those that cannot be treated effectively today.

What are the implications from preclinical results for the preparation of the upcoming clinical study with Tumorad?

– These results, together with the favourable results from the regulatory toxicology studies we have conducted, strengthen the basis for our application to enter the clinic.

Finally, what is the current status of the Tumorad programme?

– Preparations for the phase I/IIa study are in full swing, for example, GMP manufacturing of the candidate is progressing according to plan, and we aim to submit an application for clinical trial shortly.

JUNIPER BIOLOGICS PARTNERS WITH CARIS LIFE SCIENCES® FOR MOLECULAR PROFILING DISTRIBUTION IN SOUTH EAST ASIA

On January 12, 2023 Singapore-headquartered Juniper Biologics Pte Ltd, a science-led healthcare company focused on commercialising novel therapies, has been reported granted distribution rights for Caris Life Sciences (Caris)’ molecular profiling services in South East Asia (Press release, Juniper Biologics, JAN 12, 2023, View Source [SID1234626206]). Caris is the leading molecular science and technology company actively developing and delivering innovative solutions to revolutionize healthcare. The company’s suite of market-leading molecular profiling offerings assess DNA, RNA and proteins to reveal a molecular blueprint that helps patients, physicians and researchers better detect, diagnose and treat patients.

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Headquartered in the U.S., Caris has built the world’s largest and most informative platform for analysing cancers with the most advanced and comprehensive tumor profiling available, which includes Whole Exome and Whole Transcriptome Sequencing across 22,000+ genes. Caris’ suite of molecular profiling services provides oncologists with clinically important genomic information on key biomarkers and molecular signatures in oncology across all solid tumours.

Raman Singh, Juniper Biologics’ CEO, said: "Through Caris molecular profiling, oncologists are able to recommend improved personalised treatments that specifically target a patients’ cancer. This is a massive development in the advancing of cancer care options, many of which are antiquated and still failing patients. With this targeted approach, we collectively offer patients, especially those with rare or aggressive cancers, a real chance of recovery."

"Caris molecular profiling is the information bridge between tumor biology and cancer treatments, enabling the delivery of precision medicine by helping to illuminate a clearer path in personalized treatment selection for physicians and their patients. Our exclusive partnership with Caris Life Sciences to commercialise and distribute this service in South East Asia will make a real difference in empowering healthcare professionals to make the most informed decisions for their patients."

Andreas Tsukada, Caris Life Sciences’ SVP, President of Japanese Operations and Head of International, said: "We are pleased to partner with Juniper Biologics for the distribution of molecular profiling in South East Asia, further supporting Caris’ goal of improving the lives of as many people as possible. This collaboration provides healthcare professionals the access to best-in-class diagnostic technologies that will enable them to make more precise and individualised treatment decisions for their cancer patients."

Leidos Schedules Fourth Quarter and Full Year 2022 Earnings Conference Call for Feb. 14, 2023 at 8 a.m. (ET)

On January 12, 2023 Leidos (NYSE: LDOS), a FORTUNE 500 science and technology company, has scheduled a conference call for Tuesday, Feb. 14, 2023, at 8 a.m. (ET) to announce its fourth quarter and full year 2022 financial results for the period ending December 30, 2022 (Press release, Leidos, JAN 12, 2023, View Source [SID1234626207]). The company plans to issue its quarterly earnings press release before the conference call on Feb. 14, 2023.

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The details for the earnings conference call follow:

Date: Feb. 14, 2023

Time: 8 a.m. (ET)

To Listen via the Internet:

The company offers a live and replay audio broadcast of the conference call with corresponding press release, presentation materials, and supplemental information at View Source

To Listen via Telephone:

877-869-3847 (toll-free U.S.)

+1-201-689-8261 (for International Callers)

Replay:

A telephone playback of the fourth quarter and full year 2022 earnings conference call is scheduled to be available beginning at 11:30 a.m. (ET) on Feb. 14, 2023, through 11:59 p.m. (ET) on Feb. 21, 2023. The replay will be accessible by calling 877-660-6853 (International callers: +1-201-612-7415) and entering conference ID 13735521.

An archived version of the webcast will be available on the Leidos Investor Relations website at View Source

Geron to Present at the B. Riley Securities 3rd Annual Virtual Oncology Conference

On January 12, 2023 Geron Corporation (Nasdaq: GERN), a late-stage clinical biopharmaceutical company, reported that John A. Scarlett, M.D., Geron’s Chairman and Chief Executive Officer, is scheduled to participate in a virtual fireside chat at the B. Riley Securities 3rd Annual Virtual Oncology Conference on January 18 at 1 p.m. ET (Press release, Geron, JAN 12, 2023, View Source [SID1234626204]).

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A live webcast of the presentation will be available through the Investor Relations section of Geron’s website under Events. Following the presentation, the webcast will be archived and available for replay for a period of 30 days.

Akoya Announces Preliminary Financial Results for the Fourth Quarter and Full Year 2022

On January 8, 2023 Akoya Biosciences, Inc. (Nasdaq: AKYA) ("Akoya"), The Spatial Biology Company, reported preliminary unaudited revenue for the fourth quarter and full year ended December 31, 2022 (Press release, Akoya Biosciences, JAN 12, 2023, View Source [SID1234626198]).

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Akoya reported the following preliminary financial results for the fourth quarter and full year 2022, which remain subject to quarter end closing adjustments:

· Revenue for the fourth quarter of 2022 is expected to be between $20.7 million and $21.2 million, as compared to $16.2 million for the corresponding quarter of last year
· For the fiscal year of 2022, revenue is expected to be between $74.3 million and $74.8 million, as compared to $54.9 million for fiscal year 2021

"The fourth quarter of 2022 was another record quarter for Akoya, demonstrating our continued business momentum and commercial execution," said Brian McKelligon, Chief Executive Officer. "In 2022, we delivered strong financial performance and saw growing adoption of our spatial biology platforms across the discovery, translational, and clinical markets."

A link to a webcast replay of Akoya’s 2nd annual Spatial Day, which took place virtually on December 15, 2022, can be found below:

Akoya Biosciences Spatial Day 2022 | Akoya

The financial results in this press release reflect expectations based on currently available information. The company has yet to complete its quarter end closing and actual results are therefore subject to change.