Nature Paper from PACT Pharma and UCLA Highlights How Patients with Cancer Respond Differently to Anti-PD-1 Therapy

On March 8, 2023 PACT Pharma, Inc., a privately held biopharmaceutical company developing transformational personalized neoantigen-specific and off-the-shelf T cell receptor (TCR)-T cell therapies for the eradication of solid tumors, reported the publication of a peer-reviewed paper in Nature in collaboration with researchers at University of California, Los Angeles (UCLA) detailing groundbreaking work characterizing and differentiating the immune responses of melanoma patients treated with anti PD-1 immunotherapy (Press release, PACT Pharma, MAR 8, 2023, View Source [SID1234628352]).

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Researchers showed that patients who benefitted from anti-PD-1 treatment generated a diverse (polyclonal) repertoire of T cells that recognized a small group of immunodominant mutations in their tumor. These immune responses expanded and evolved in the tumor and in the peripheral blood throughout treatment. Patients who did not respond to anti-PD-1 therapy also harbored T cells that recognized their tumor-specific mutations, but their immune responses were less diverse (monoclonal) and did not expand during treatment. These first-of-their-kind findings not only provide critical understanding into differentiated patient responses to treatment, but also offer insight into strategies for potentially designing novel T cell therapies and diagnostics.

"These study findings are exciting as they show the unique, patient-specific manner in which T cell responses take shape and impact disease. This new insight has broad implications on how we think about T cell responses and how we might be able to manipulate these responses to achieve desired therapeutic outcomes," said Stefanie Mandl, Ph.D., chief scientific officer, PACT Pharma.

To conduct this first-of-its-kind research, the investigators utilized two of PACT’s core platform technologies:

First, the company’s ImPACT Isolation Technology was used to isolate mutation-reactive T cells from patients’ blood and tumor samples. It is important to note that blood proved equally adept in assessing tumor-specific T cell responses as tumor biopsies, underscoring the relevance of blood as a minimally invasive source for the isolation of tumor targeting TCRs and monitoring tumor-mutation specific T cell responses.
Next, investigators leveraged the company’s PACT^NV technology to generate tumor-specific TCR-T cells using CRISPR gene replacement so that they would express the mutation-reactive T cell receptors that were isolated from patients treated with PD-1 blockade therapy. The engineered T cells were then expanded to large numbers and used by investigators to functionally characterize each individual patient’s immune responses.
The study was conducted in eleven patients with metastatic melanoma. The results showed that the T cells engineered to express a specific patients’ isolated TCRs were able to guide an attack on that same patients’ tumor cells. This was true regardless of whether the patient responded to treatment or not. This shows that those patients who do not respond to anti-PD-1 therapy do have T cells that can recognize and kill their own tumor cells, they are just not doing so in a diverse and expansive enough manner. Based on this finding, these patients could benefit from personalized adoptive cell therapy in which their tumor-specific TCRs are isolated and then used to engineer large numbers of T cells capable of directing more effective immune responses against their own tumor.

"While this particular study was conducted in patients with metastatic melanoma treated with anti-PD-1 therapy, it provides a framework for our core platforms to be deployed for studying the mechanism of action and related patient responses for immuno-oncology therapies, vaccines and across a range of T cell-related diseases," said Dr. Mandl. "This important advance further supports the learnings from our Phase 1 clinical trial using our same proprietary TCR-T cell technologies for the development of personalized therapies for the treatment of patients with cancer, the findings of which were also published in Nature late last year. Taken together, these studies and their respective papers offer a glimpse into the potential power of technologies that enable us to push the boundaries of analyzing TCR-T cell responses and developing personalized TCR-T cell therapeutics."

A copy of the newly published Nature article, entitled, "Neoantigen-targeted CD8+ T-cell responses with PD-1 blockade therapy," can be accessed at: View Source

A copy of the previously published Nature paper reporting the results of PACT’s Phase 1 trial can be accessed at: View Source

RedHill Biopharma Announces Definitive Agreement for Up To $6 Million Private Placement with a Single Investor

On March 8, 2023 RedHill Biopharma Ltd. (Nasdaq: RDHL) ("RedHill" or the "Company"), a specialty biopharmaceutical company, reported agreement, with a single investor, for the issuance of convertible promissory note in the principal amount of up to $6 million, convertible into American Depositary Shares ("ADS") and warrants to purchase ADSs of the Company, pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended (Press release, RedHill Biopharma, MAR 8, 2023, View Source [SID1234628351]).

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Gross proceeds to the Company under the promissory note will be up to $6 million, subject to certain conditions, before costs and fees, including prepaid interest of eight (8%) percent. Advances under the promissory note are to be made in three tranches of $2 million, $1 million, and $3 million, respectively. The first tranche will be paid upon closing, and the second and third tranches will be advanced following effectiveness of a registration statement that the Company will file with the Securities and Exchange Commission covering the resale of ADSs to be acquired by the investor under the convertible promissory note and the warrants. The promissory note has a one-year term and must be converted by the end of the term. The conversion price of the promissory note is 93% of the closing price of the Company’s ADSs on the trading day immediately preceding the date of any conversion by the investor.

The number of warrants to be issued will be one-fourth of the value of each tranche divided by $0.21, today’s ADS closing price. Each warrant will have a term of three years commencing six months following closing and have an exercise price equal to $0.21.

RedHill intends to use the net proceeds from this placement for general working capital, acquisitions, research and development and general corporate purposes.

The convertible promissory note and warrants described above were offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the "Act"), and Regulation D promulgated thereunder and, along with the ADSs underlying the promissory note and the warrants, have not been registered under the Act, or applicable state securities laws. Accordingly, the warrants and underlying ADSs may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Act and such applicable state securities laws.

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

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Telix to Showcase Additional ZIRCON Phase III Data in Kidney Cancer Imaging and Theranostic Pipeline Developments at EAU

On March 8, 2023 Telix Pharmaceuticals Limited (ASX: TLX, Telix, the Company) reported presentations from the Company’s carbonic anhydrase IX (CAIX) targeting kidney and bladder cancer programs at the 38th Annual European Association of Urology (EAU) Congress to be held in Milan from 10 – 13 March 2023 (Press release, Telix Pharmaceuticals, MAR 8, 2023, View Source [SID1234628349]).

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Further data from Telix’s completed pivotal Phase III ZIRCON study of TLX250-CDx (89Zr-DFO-girentuximab) in clear cell renal cell carcinoma (ccRCC) (ClinicalTrials.gov Identifier: NCT03849118) will be presented in a "Game Changing" oral session.

Game Changing sessions are reserved for Phase III trials or other developments that the EAU’s Scientific Congress Office believes will have a large impact on daily practice.

In addition, presentations will report on the potential utility of TLX250-CDx in urothelial carcinoma or bladder cancer (ZiPUP study, ClinicalTrials.gov Identifier: NCT05046665); and a preclinical evaluation of a Telix targeted radionuclide therapy candidate in combination with an immune checkpoint inhibitor.

Dr Colin Hayward, Telix Chief Medical Officer, said, "In support of Telix’s vision to drive innovation in urologic oncology, we are pleased that our programs in renal and bladder cancer will be presented at EAU 2023, the largest urological event in Europe. Notably, Professor Peter Mulders from Radboud UMC will be presenting further data from the Phase III ZIRCON study of TLX250-CDx, our investigational renal cancer imaging agent, which is generating significant interest in the medical community, following a highly positive result. We are also excited to announce two additional presentations on Telix’s CAIX-targeting candidates further exploring potential theranostic applications beyond ccRCC."

EAU presentation details are as follows:

Session: Game Changing Session
Title: 89Zr-DFO-girentuximab for PET/CT imaging of clear cell renal cell carcinoma – results from phase 3 ZIRCON study
Date and Time: 11-Mar-2023, 10:00 AM-10:15 AM
Presenter: Prof. P.F.A. Mulders, Radboud UMC, Nijmegen, The Netherlands

Session: Clinical Trials in Progress
Title: 89Zirconium-labelled girentuximab (89Zr-TLX250) PET in Urothelial Cancer Patients (ZiPUP) – A phase I trial of a novel staging modality for urothelial carcinoma
Date and Time: 12-Mar-2023, 10:45 AM-12:15 PM
Presenter: Dr. D. Hayne, University of Western Australia, Australia
Abstract ID: A0520

Session: Cell biology and novel biomarkers in kidney cancer
Title: Preclinical evaluation of targeted radionuclide therapy combined with immune checkpoint inhibition
Date and Time: 13-Mar-2023, 10:45 AM-12:15 PM
Presenter: Ass. Prof. E. Oosterwijk, Radboud UMC, Nijmegen, The Netherlands
Abstract ID: A1032

World Renowned Childhood Blood Cancer Expert Named as The Leukemia & Lymphoma Society’s New President and CEO

On March 8, 2023 The Leukemia & Lymphoma Society (LLS), the global leader and innovator in creating a world without blood cancer, reported that E. Anders Kolb, M.D., as its new President and Chief Executive Officer (CEO) (Press release, The Leukemia & Lymphoma Society, MAR 8, 2023, View Source;lymphoma-societys-new-president-and-ceo-301766152.html [SID1234628348]). He will join LLS on May 1, 2023, succeeding Louis J. DeGennaro, Ph.D., who has led the organization since 2014 and retires on June 30, 2023.

In his new role, Dr. Kolb will lead the $500 million organization in its mission to cure leukemia, lymphoma, Hodgkin’s disease and myeloma, and improve the quality of life for blood cancer patients and their families. He is joining the only cancer and healthcare organization in the not-for-profit category that made Fast Company’s 2022 Brands that Matter List. An organization with a Four-Star Rating from Charity Navigator, and the only superior ranking in Cause Reports latest analysis of eight of the largest chronic disease organizations.

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Dr. Kolb most recently served as Chief of the Division of Hematology and Oncology of Nemours Children’s Health, Delaware Valley, Director of the Moseley Foundation Institute for Cancer and Blood Disorders, and Vice Chairman for Research in the Department of Pediatrics at the Sidney Kimmel Medical College at Thomas Jefferson University. He joined Nemours in 2007 and previously served as program director of blood and bone marrow transplantation. Over his tenure, Moseley Foundation Institute has grown from a community-based hematology and oncology division to a nationally recognized and federally funded multi-site pediatric center for treatment of cancer and blood disorders. The cancer and blood disorder programs in Wilmington and Jacksonville now routinely rank among the top pediatric cancer programs by US News and World Report. Nemours Children’s saw a 60-fold increase in federal funding, a 10-fold increase in clinical trial revenue, and a 40-fold increase in philanthropy for cancer and blood disorders, including a pivotal commitment from the Moseley Foundation of a momentous $78 million gift. Dr. Kolb will remain faculty emeritus at Nemours with some limited patient care responsibilities.

Dr. Kolb also served as co-chair and member of the executive committee of LLS PedAL, the first global master clinical trial for pediatric acute leukemia patients. Dr. Kolb has authored or co-authored more than 150 articles in peer-reviewed journals and received numerous awards, including:

Top Doctor in Delaware Today and Philadelphia Magazine 2022-2016
Lifetime Achievement Award, The Leukemia & Lymphoma Society, Eastern Pennsylvania-Delaware Region, 2021
The Seema S. Sonnad Mentor of the Year Award, 2017
Nemours Researcher of the Year, 2015
Nemours Physician Award for Excellence in Scholarship, 2011
Nemours Physician of the Year, 2010
"There has been significant progress in blood cancer treatment and care over the past 75 years because of LLS’s investment in scientific research and patient services, and I am committed to continue to expand LLS’s lifesaving science and impact," said Dr. Kolb. "As someone who has dedicated much of my personal and professional life to treating children with blood cancer and driving forward research, I understand the importance of strong mission in a volunteer organization. My long-standing and wholehearted personal and professional dedication to LLS’s mission will serve as a guiding force for the organization and the blood cancer community."

Relentlessly Committed to LLS’s Mission

In 2007, Dr. Kolb’s connection to LLS’s mission became personal when his wife was diagnosed with follicular lymphoma and her treatment was made possible because of the pioneering work of LLS-funded investigators. The diagnosis inspired him to join LLS as a volunteer, including serving as a Regional Board of Trustees Chair and participating in many of LLS’s premier fundraising campaigns.

"I have an unwavering commitment to the patients and families we serve and to the achievement of progress through strong leadership, good science and responsible stewardship of resources," shared Dr. Kolb. "To be invited to lead the organization and to be entrusted with the opportunity to broaden that sphere of influence and broaden that impact – it is a real thrill."

An Internationally Respected Pediatric Hematologist Oncologist

As a world-renowned pediatric hematologist/oncologist, Dr. Kolb has dedicated his career to treating blood cancer patients and conducting research to find cures.

"We are thrilled to have Dr. Kolb join our team as President and CEO and continue his life’s work dedicated to fighting blood cancer," said Jeff Sachs, LLS Chair of the Board. "He comes to the role through the lens of a clinician, scientist, and volunteer with a personal connection to the mission. Dr. Kolb has spent much of his career in pediatric oncology, helping patients survive and thrive. His experience will transform and elevate the work LLS is doing for the blood cancer and scientific community."

Prior to his role at Nemours Children’s Health, Dr. Kolb was a member of the Pediatric Leukemia and Pediatric Stem Cell Transplantation Services at Memorial Sloan-Kettering Cancer Center in New York City, and the director of the Pediatric Preclinical Chemotherapy Testing Laboratory at the Albert Einstein Cancer Center, Albert Einstein College of Medicine in the Bronx. He was also director of the Pediatric Leukemia and Lymphoma Service and Pediatric Stem Cell Transplantation at The Children’s Hospital at Montefiore, also in the Bronx.

Dr. Kolb has been the principal or co-principal investigator of numerous studies and grants, including clinical trials with the Children’s Oncology Group, the Nemours NCI Community Oncology Research Program (NCORP) and the Center of Biomedical Research Excellence (COBRE), which recently awarded Nemours Children’s Health a $10.5 million grant to establish the Delaware Comprehensive Sickle Cell Research Center. From 2013 to 2023, he served as the Chair of the Children’s Oncology Group Myeloid Disease Committee.

As co-chair and member of the executive committee of LLS PedAL he made significant strides and helped lead the overall strategy of the clinical trial and mentored early-stage investigators. While Dr. Kolb will step down from his co-chair role, he will still champion LLS PedAL, a key component of LLS’s Dare to Dream Project, which envisions a world where childhood blood cancer patients not only survive but thrive after treatment.

Dr. Kolb completed his pediatric residency at St. Christopher’s Hospital for Children and completed fellowship training in hematology/oncology in the Department of Pediatrics at Memorial Sloan-Kettering Cancer Center. He earned his M.D. from Thomas Jefferson University and his bachelor’s degree from the University of Pennsylvania.

"Dr. Kolb has dedicated his life’s work to improving the lives of people with cancer and their families by spearheading innovative clinical trials and research. Having had the opportunity to work directly with him on LLS’s PedAL master clinical trial, I’ve seen first-hand that his commitment to patients is unwavering, and we have no doubt that his commitment to LLS will be, as well," said Gwen Nichols, M.D., Chief Medical Officer of LLS.

Fusion Pharmaceuticals Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

On March 8, 2023 Fusion Pharmaceuticals Inc. (Nasdaq: FUSN), a clinical-stage oncology company focused on developing next-generation radiopharmaceuticals as precision medicines, reported that the compensation committee of the Company’s Board of Directors granted stock option awards to purchase an aggregate of 21,000 shares of its common stock to one employee outside Fusion’s 2020 Stock Option and Incentive Plan (Press release, Fusion Pharmaceuticals, MAR 8, 2023, View Source [SID1234628347]). The stock options were granted as an inducement material to the individual becoming an employee of Fusion in accordance with Nasdaq Listing Rule 5635(c)(4).

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The options have an exercise price of $4.63 per share, which is equal to the closing price of Fusion’s common stock on March 6, 2023. Each option has a ten-year term and vests over four years, with 25% of the original number of shares vesting on the one-year anniversary of the grant date and then in equal installments for 36 months thereafter, subject to the employee’s continued service with Fusion through the applicable vesting dates.