Guardant Health submits premarket approval application to the U.S. Food and Drug Administration for Shield™ blood test

On March 10, 2023 Guardant Health, Inc. (Nasdaq: GH), a leading precision oncology company, reported that it has submitted to the U.S. Food and Drug Administration (FDA) the final module of its premarket approval (PMA) application for Shield, Guardant Health’s blood test to screen for colorectal cancer (CRC) (Press release, Guardant Health, MAR 10, 2023, View Source [SID1234628515]).

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The submission is comprised of data from the company’s positive ECLIPSE study, an over 20,000 patient registrational study evaluating the performance of its blood test for detecting colorectal cancer in average-risk adults. Preliminary results from the study showed that the Shield test achieved 83% sensitivity for the detection of colorectal cancer with specificity of 90%.

"Completing our FDA PMA application for Shield is a significant step forward toward our mission of saving millions of life-years through accessible blood-based cancer screening. We are looking forward to partnering with the agency on bringing this life-saving test to the market," said AmirAli Talasaz, co-CEO of Guardant Health. "Colorectal cancer is the second leading cause of cancer related death, yet one in three eligible adults are not up to date with screening.1 Patient access to blood-based screening can help overcome barriers to traditional screening modalities, especially in underserved populations."

The success of a CRC screening program depends on having tests with acceptable performance, but also on the willingness of the target population to complete the screening test.2 Since the launch of the lab developed version of the Shield test in May 2022, it has shown approximately 90% adherence in a real-world clinical setting, demonstrating the value of blood-based screening to increase adherence to recommended screening protocols.3 In fact, the effective sensitivity of the test, which measures the true impact of a screening test by evaluating adherence and test performance, shows that Shield has the potential to detect more CRCs than traditional modalities.3,4,5,6

About the ECLIPSE study

ECLIPSE is a prospective registrational study to evaluate the performance of Guardant Health’s blood test in detecting signs of CRC compared to a screening colonoscopy in average-risk adults between the ages of 45 and 84 from across the U.S. The ECLIPSE study included more than 200 clinical trial sites in rural and urban communities across 34 states. Study data includes 13% Black, 15% Hispanic and 7% Asian American populations. Enrollment among Black Americans was above average for a clinical trial, which is important given the disproportionate impact of CRC on the black community.7

About the Shield Test

The Shield test detects colorectal cancer signals in the bloodstream from DNA that is shed by tumors, called circulating tumor DNA (ctDNA). Specifically, the test identifies specific characteristics of the DNA that may indicate the presence of cancer.

The clinical performance of the Shield assay was validated using an analyzed set of over ten thousand patient samples in a screening study. The test demonstrated 83% sensitivity in detecting individuals with CRC. Specificity was 90% in both individuals without advanced neoplasia and in those who had a negative colonoscopy result. This test also demonstrated 13% sensitivity in detecting advanced adenomas.

Shield is commercially available for eligible individuals by prescription only through healthcare professionals. This LDT (Laboratory Developed Test) is intended to be complementary to, and not a replacement for, current recommended CRC screening methods. A negative result does not rule out the presence of cancer. Patients with an abnormal blood-based screening result should be referred for a diagnostic colonoscopic evaluation.

More information about the Shield test is available at bloodbasedscreening.com.

Galera Announces Presentation of Supplemental Analysis of Phase 3 ROMAN Trial at European Congress on Head and Neck Oncology

On March 10, 2023 Galera Therapeutics, Inc. (Nasdaq: GRTX), a clinical-stage biopharmaceutical company focused on developing and commercializing a pipeline of novel, proprietary therapeutics that have the potential to transform radiotherapy in cancer, reported the presentation of a net treatment benefit analysis of Phase 3 ROMAN results at the 10th European Congress on Head and Neck Oncology (ECHNO), taking place March 8-11, 2023, in Lisbon, Portugal (Press release, Galera Therapeutics, MAR 10, 2023, View Source [SID1234628514]). The analysis further demonstrates the overall impact of avasopasem manganese (avasopasem) in reducing the burden of severe oral mucositis (SOM). Galera’s New Drug Application (NDA) in the U.S. for avasopasem is currently under U.S. Food and Drug Administration (FDA) priority review for radiotherapy (RT)-induced SOM in patients with head and neck cancer undergoing standard-of-care treatment.

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"We are pleased to present at ECHNO the results of the Phase 3 ROMAN trial, including a net treatment benefit analysis submitted as part of Galera’s NDA," said Mel Sorensen, M.D., President and Chief Executive Officer of Galera Therapeutics. "This analysis is particularly appropriate for SOM, where we believe that no single endpoint fully characterizes the potential impact of SOM on patient quality of life. We believe the results reinforce avasopasem’s first-in-class potential to reduce SOM, a common and debilitating effect of radiotherapy in patients with head and neck cancer. As we work with the FDA on the potential to bring avasopasem to U.S. patients, we also look forward to discussions with European regulatory authorities on a path for patients in Europe."

Presentation Details:

Title: Net treatment benefit of avasopasem manganese for severe oral mucositis from the ROMAN trial
Abstract Number: 93
Presenter: Carryn M. Anderson, M.D., University of Iowa Hospitals & Clinics
Session Title: QOL in H&N Cancer Treatment
Session Date and Time: Friday, March 10th, 2023 | 9:00 a.m. GMT
Session Location: Auditorium I, Lisbon Congress Centre

The presentation is available on Galera’s website at View Source

Results from two randomized, double-blind, placebo-controlled trials (Phase 3 ROMAN and Phase 2b GT-201) are the basis of the avasopasem NDA. The Company believes that the supplemental net treatment benefit analysis being presented at ECHNO further supports the avasopasem clinical benefit observed in those trials. It quantitatively demonstrates that the overall improvement in SOM is greater than that captured by any individual endpoint and that the improvement in each of the key SOM endpoints contributes to the benefit. The FDA accepted the filing and granted priority review to the NDA in February 2023, with a PDUFA target date of August 9, 2023. The FDA previously granted Breakthrough Therapy and Fast Track designations to avasopasem for the reduction of RT-induced SOM.

Head and neck cancers are a global problem, as is SOM caused by the standard-of-care RT. The Company intends for avasopasem to help patients beyond the U.S. and plans to meet with the European Medicines Agency (EMA) in 2023 to discuss the potential European registration pathway for avasopasem.

BIO-TECHNE TO PRESENT AT THE BARCLAYS GLOBAL HEALTHCARE CONFERENCE

On March 10, 2023 Bio-Techne Corporation (NASDAQ: TECH) reported that Jim Hippel, Executive Vice President and Chief Financial Officer, will present at the Barclays Global Healthcare Conference on Tuesday, March 14, 2023, at 2:35 p.m. EDT (Press release, Bio-Techne, MAR 10, 2023, View Source [SID1234628513]). A live webcast of the presentation can be accessed via the IR Calendar page of Bio-Techne’s Investor Relations website at View Source

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Ascendis Pharma to Participate in the Oppenheimer 33rd Annual Healthcare Conference

On March 10, 2023 Ascendis Pharma A/S (Nasdaq: ASND) reported that Jan Mikkelsen, President & Chief Executive Officer, and Scott Smith, Executive Vice President & Chief Financial Officer, will participate in a virtual fireside chat at the Oppenheimer 33rd Annual Healthcare Conference on Wednesday, March 15 (Press release, Ascendis Pharma, MAR 10, 2023, View Source [SID1234628512]).

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Details:

Event Oppenheimer 33rd Annual Healthcare Conference
Location Virtual
Date Wednesday, March 15, 2023
Time 12:00-12:30 p.m. Eastern Time / 9:00-9:30 a.m. Pacific Time

A live webcast of the event will be available via the Investors & News section of the Ascendis Pharma website at View Source A webcast replay will also be available on this website shortly after conclusion of the event for 30 days.

Corporate presentation

On March 10, 2023 Anixa Biosciences presenting its corporate presentation (Presentation, Anixa Biosciences, MAR 10, 2023, View Source [SID1234628511]).

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