LIXTE BIOTECHNOLOGY HOLDINGS, INC. REPORTS THAT ITS LEAD CLINICAL COMPOUND, LB-100, CAN KILL CANCER CELLS THROUGH HYPER-STIMULATION OF CELL PROLIFERATION SIGNALS IN PRE-CLINICAL MODELS

On February 10, 2023 LIXTE Biotechnology Holdings, Inc. ("LIXTE" or the "Company") (Nasdaq: LIXT) noted that a team of scientists headed by Professor Rene Bernards at the Netherlands Cancer Institute, Amsterdam and member of the Board of Directors of LIXTE reported that in three difficult to treat cancer types, LIXTE’s lead clinical compound, LB-100, combined with an inhibitor of the WEE1 kinase, causes unexpectedly effective cancer cell killing. Most surprisingly, when cancer cells acquire resistance to this combination therapy, they have highly reduced cancer-causing capacity in animal models (Press release, Lixte Biotechnology, FEB 10, 2023, View Source [SID1234627074]). This observation indicates that this LB-100 combination therapy can force cells to give up their cancer-causing properties to acquire drug resistance.

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John S. Kovach, M.D., CEO and Founder of LIXTE, and a co-author of the report in BioRxiv (View Source) entitled "Paradoxical activation of oncogenic signaling as a cancer treatment strategy" commented, "Over the past 20 years, efforts to develop better cancer therapies have focused on inhibiting the stimulatory effects of the oncogenes, but such therapies often deliver only modest benefit to patients with advanced cancer due to development of resistance. Dr. Matheus Henrique Dias, working in the laboratory of Professor Rene Bernards at the Netherlands Cancer Institute, Amsterdam, and an international team of collaborators, have now shown that treatment of cancer cells with Lixte’s unique lead clinical compound, LB-100, rather than inhibiting, further stimulates the signals that drive cancer cell proliferation, but paradoxically, impeding cell proliferation."

Dr. Kovach continued, "The authors also show that combination of LB-100 with an inhibitor of WEE1, a regulator of stress responses in the cell, leads to highly efficient cancer cell death in three hard-to-treat cancer models: colorectal, pancreatic, and bile duct carcinomas. The Bernards’ group contends that this paradoxical result stems from the fact that the survival of cancer cells depends on a balance between activated oncogenic pathways driving tumorigenesis and engagement of stress-response programs that counteract the inherent toxicity of such aberrant signaling. Normal cells, which are not in proliferation overdrive in the first place, apparently can tolerate transient overstimulating signaling much better than cancer cells. The combination of LB-100 and WEE1 inhibition suppressed the growth of patient-derived tumors refractory to conventional therapies and was associated with only modest toxicity in animal models."

Dr. Kovach concluded, "Intriguingly, the authors present evidence to indicate that cancer cells that become resistant to this LB-100 combination therapy do so by losing some important cancer cell characteristics and are less cancerous in animal models. This "tumor suppressive drug resistance" still needs to be demonstrated in patients. However, given the safety profile in animal models of LB-100 in combination with WEE1 inhibition, this hypothesis should be readily testable in the clinic."

INmune Bio, Inc. Receives Approximately $6.4 Million in Research and Development Rebates from Australia and the United Kingdom

On February 10, 2023 INmune Bio, Inc. (NASDAQ: INMB) (the "Company"), a clinical-stage immunology company focused on developing treatments that harness the patient’s innate immune system to fight disease, reported that it has received a combined approximately $6.4 million in research and development refunds from both Australia (~$3.7 million) and the United Kingdom (~$2.7 million) (Press release, INmune Bio, FEB 10, 2023, View Source [SID1234627073]). The Company will use the rebates to reinvest in its clinical programs, particularly the ongoing Phase 2 Alzheimer’s Disease (AD) trial in Australia and Canada.

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"The R&D rebates are a non-dilutive source of funding that enable INmune to meaningfully reinvest the proceeds to increase recruitment and enrollment in both Australia where we expect to continue to receive future rebates associated with increased spend and Canada where we are expanding the Phase 2 AD program. We continue to expand our international enrollment and are working diligently on trying to open additional international countries for the Phase 2 AD trial while we continue to collaborate with the FDA and its manufacturing review of the planned U.S. trial," commented David Moss, Chief Financial Officer.

Precision Oncology through Synthetic Lethality

On February 10, 2023 Aprea presenting its corporate presentation (Presentation, Aprea, FEB 10, 2023, View Source [SID1234627070]).

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PALATIN TO REPORT SECOND QUARTER FISCAL YEAR 2023 RESULTS; TELECONFERENCE AND WEBCAST TO BE HELD ON FEBRUARY 15, 2023

On February 10, 2023 Palatin Technologies, Inc. (NYSE American: PTN) reported its second quarter fiscal year 2023 operating results on Wednesday, February 15, 2023, before the open of the U.S. financial markets (Press release, Palatin Technologies, FEB 10, 2023, View Source [SID1234627066]).

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Palatin will also conduct a conference call and live audio webcast hosted by its executive management team on February 15, 2023, at 11:00 a.m. ET. The conference call will include a review of the company’s operating results and an update on programs under development.

Nykode Therapeutics Announces Collaboration with The GOG Foundation, Inc. to Conduct the VB-C-04 Trial in Advanced Cervical Cancer

On February 10, 2023 Nykode Therapeutics ASA (OSE: NYKD), a clinical-stage biopharmaceutical company dedicated to the discovery and development of novel immunotherapies, reported a collaboration with the GOG Foundation, Inc. to conduct a clinical trial of VB10.16 in combination with an immune checkpoint inhibitor for the treatment of advanced cervical cancer in the U.S (Press release, Nykode Therapeutics, FEB 10, 2023, View Source [SID1234627065]). The VB-C-04 trial will evaluate the combination therapies in patients with cervical cancer that have progressed following first line treatment. Nykode has previously reported positive interim data from the Phase 2 VB-C-02 trial in Europe in patients with heavily pre-treated advanced cervical cancer. VB10.16, wholly owned by Nykode, is a potentially first-in-class off-the-shelf therapeutic cancer vaccine candidate in development for the treatment of HPV16-positive cancers.

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"Based on the positive interim data and in line with our potential registrational trial strategy, we look forward to starting the VB-C-04 trial in the U.S. The trial is aimed at providing a fast path to making VB10.16 available to patients," said Klaus Edvardsen, Chief Development Officer of Nykode Therapeutics.

"We are excited to collaborate with the GOG Foundation, a leading organization with unparalleled expertise in bringing best-in-class new treatments to patients," said Michael Engsig, Chief Executive Officer of Nykode Therapeutics. "The GOG Foundation has a long history of successfully working with innovative companies, gynecologic oncology clinical sites and U.S. regulators. The advice and support from the GOG Foundation will increase the quality and facilitate the execution for bringing VB10.16 forward towards the patients in need. We look forward to engaging with the GOG Foundation on execution of the potential registrational trial, VB-C-04.

" Since 1970, the GOG Foundation has conducted more than 350 clinical trials in the U.S. with 400 participating sites and 115,000 patients. The results of the GOG Foundation’s clinical trials have influenced the standard of care for numerous malignant gynecologic neoplasms.

"We are thrilled to partner with Nykode Therapeutics to conduct VB-C-04, a ground-breaking study to investigate Nykode’s therapeutic cancer vaccine candidate for the treatment of patients with advanced cervical cancer. VB10.16, which utilizes Nykode’s unique immunotherapy platform, has the potential to meaningfully improve standard of care for patients with HPV16-positive cervical cancer whose cancer has progressed after initial immunotherapy. This clinical situation has quickly become an area of high unmet medical need, and while we have made progress with other novel therapies, we remain dedicated to maximizing our patients’ treatment options and choices. We look forward to working with Nykode on VB-C-04 to advance our shared mission of delivering transformative therapies to patients with cervical cancer and other gynecologic malignancies to help our patients live as long as possible and feel as good as possible," said Leslie Randall, MD, MAS, Cervical Cancer Advisor for the GOG Partners in the GOG Foundation.

"Despite recent advances in cervical cancer care, we still have gaps in treatment strategies, particularly those who have received prior checkpoint therapy. As we continue to explore opportunities to capitalize on recent improvements in cervical cancer outcomes, innovative approaches and novel therapies are required. The VB-C-04 study in patients with recurrent cervical cancer with prior checkpoint inhibitor experience delivers this and offers an opportunity to continue to change the landscape and survival impact for our patients," notes principal investigator of the study, Ritu Salani, MD, MBA, Director, Division of Gynecologic Oncology, David Geffen School of Medicine at UCLA.