On March 23, 2023 Immutep Limited (ASX: IMM; NASDAQ: IMMP), a clinical-stage biotechnology company developing novel LAG-3 immunotherapies for cancer and autoimmune disease, reported that new data evaluating eftilagimod alpha in combination with pembrolizumab from Part B of the TACTI-002 Phase II trial in 2nd line PD-X refractory non-small cell lung cancer (NSCLC) patients has been accepted for a Mini Oral presentation at ESMO (Free ESMO Whitepaper)’s European Lung Cancer Congress (ELCC) 2023 taking place in Copenhagen, Denmark and virtually from 29 March to 1 April 2023 (Press release, Immutep, MAR 23, 2023, View Source [SID1234629197]).

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The PD-X refractory, NSCLC patients in Part B of the TACTI-002 Phase II trial represent a difficult-to-treat patient population. All enrolled patients (N=36) had confirmed progression (i.e., two consecutive scans) after standard of care 1st line treatment with anti-PD-X therapy including a majority that received anti-PD-X therapy and chemotherapy. Additionally, most patients had low or negative PD-L1 expression.

TACTI-002 (Part B) Abstract (#11MO)
Title: Final data from a phase II study (TACTI-002) of eftilagimod alpha (soluble LAG-3) & pembrolizumab 2nd line metastatic NSCLC patients resistant to PD-1/PD-L1 inhibitors
Presentation session: Mini Oral
Presenter: Margarita Majem, MD, PhD, Department of Medical Oncology, Hospital de la Santa Creu i Sant Pau
Lecture Time: 31 March 2023, 08:25-08:30AM

The abstract (#11MO) will be available here on the ELCC 2023 website. The related Mini Oral Presentation with new and updated final data that are not part of the abstract will made available on 31 March 2023 at 08:25AM, CEST and will subsequently be posted on the Posters & Publications section of Immutep’s website.

On March 22, 2023 EpiBiologics, a biotechnology company building a next-generation antibody-based protein degradation platform for membrane and extracellular drug targets, reported the company launched with $50 million in Series A funding (Press release, EpiBiologics, MAR 22, 2023, View Source [SID1234643975]). The funding was co-led by Mubadala Capital and Polaris Partners, with participation from Vivo Capital and GV. The company’s technology platform is based on the scientific work of EpiBiologics’ co-founder and renowned antibody engineer Dr. Jim Wells of the University of California, San Francisco (UCSF), and the platform intellectual property has been exclusively licensed from UCSF.

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Protein degradation technologies are of high interest to the medical community because of their potential to attack disease targets that have been historically difficult to drug. However, companies pursuing these approaches have focused primarily on intracellular proteins. EpiBiologics’ proprietary EpiTAC platform expands the targeted protein degradation landscape to the extracellular space, enabling the company to target both membrane proteins and secreted proteins through the use of genetically encoded bifunctional antibodies. As reported in Nature Biotechnology and the Journal of the American Chemical Society, the Wells Lab at UCSF demonstrated that membrane E3 ligases and cytokine receptors could be leveraged as cell surface ligands to internalize and degrade a number of membrane or extracellular drug targets. EpiBiologics has now expanded the platform and built an atlas of tissue-specific degrader antibodies to target proteins for new treatments for a range of diseases, including cancer, immunology and neuro-related conditions.

"Our vision has been to build EpiBiologics to be the leading company in the extracellular degradation space," said Dr. Rami Hannoush, co-founder, interim CEO and President of EpiBiologics, who has also served as Chief Scientific Officer of the company since its inception. "Since launching the company, the team at EpiBiologics has been able to further validate and industrialize the EpiTAC platform, creating a fit-for-purpose atlas of degraders. The current financing will enable us to expand and validate the platform, advance our pipeline of drug candidates, and further build our talented team of scientists and protein engineers."

To strengthen their leadership and support their expansion, EpiBiologics also announced the appointment of Shyra Gardai as its incoming Chief Scientific Officer. With over 20 years of scientific and pre-clinical drug development experience across multiple key therapeutic areas, Dr. Gardai has served in roles of increasing responsibilities in the biotechnology industry, including most recently as Vice President of Therapeutic Discovery Research at Seagen.

"I’m looking forward to working with the talented team at EpiBiologics to develop innovative therapeutics for hard-to-treat diseases," said Dr. Gardai, CSO of EpiBiologics. "Leveraging EpiBiologics’ technology platform we are taking a novel approach to degrade disease-causing targets that evade existing therapeutic approaches."

"EpiBiologics represents a key example of our company formation efforts, where we worked hand-in-hand with the founding scientists to build the company from the ground up. We have a strong conviction in the transformative potential of EpiBiologics to advance the field of protein degradation," said Alaa Halawa, Executive Director and Head of the U.S. Ventures business at Mubadala Capital.

"We believe EpiBiologics’ core technology has the potential to greatly expand the scope of therapeutically relevant targets that can be successfully drugged through degradation, and we are excited to support their growing team of talented scientists, drug developers and industry leaders," said Alexandra Cantley, Partner at Polaris Partners.

On March 22, 2023 WuXi Biologics reported its 2022 annual results (Filing, 3 mnth, DEC 31, WuXi Biologics, 2022, MAR 22, 2023, View Source [SID1234630448]).

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On March 22, 2023 Werewolf Therapeutics, Inc. (the "Company") reported that it has entered into a First Amendment to Amended and Restated Loan and Security Agreement (the "First Amendment") with Pacific Western Bank ("PWB"), which amended that certain Amended and Restated Loan and Security Agreement dated as of April 12, 2022, by and between the Company and PWB (Filing, 8-K, Werewolf Therapeutics, MAR 22, 2023, View Source [SID1234629252]). The First Amendment permits the Company to maintain depository accounts in an aggregate amount not exceeding $5,000,000 outside PWB. Prior to maintaining any such accounts, the Company and PWB will enter into a deposit account control agreement with respect to any such accounts.

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The foregoing description of the First Amendment is qualified by reference to the complete text of the First Amendment, a copy of which is attached hereto as Exhibit 10.1 and is incorporated into this Item 1.01 by this reference.

On March 22, 2023 QSAM Biosciences presented its corporate presentation (Presentation, QSAM Biosciences, MAR 22, 2023, View Source [SID1234629249]).

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