BioNTech and OncoC4 Announce Strategic Collaboration to Co-Develop and Commercialize Novel Checkpoint Antibody in Multiple Solid Tumor Indications

On March 20, 2023 BioNTech SE (Nasdaq: BNTX, "BioNTech") and OncoC4, Inc. ("OncoC4"), a clinical-stage biopharmaceutical company dedicated to the discovery and development of novel biologicals for cancer treatment, reported that they have entered into an exclusive worldwide license and collaboration agreement to develop and commercialize OncoC4’s next-generation anti-CTLA-4 monoclonal antibody candidate, ONC-392, as monotherapy or combination therapy in various cancer indications (Press release, BioNTech, MAR 20, 2023, View Source [SID1234629041]). The transaction is expected to close in the first half of 2023, subject to customary closing conditions and regulatory clearances.

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CTLA-4 is a molecule that inhibits the activity of immune cells via various mechanisms. OncoC4’s CTLA-4 antibody candidate ONC-392 aims to delete immunosuppressive T cells (regulatory T cells, "Tregs") in the tumor microenvironment, but spare Tregs in healthy tissues. With a potentially differentiated safety profile, ONC-392 may be able to achieve a more effective dosing regimen in the clinic and more successful tumor killing. Data from the ongoing Phase 1/2 trial (NCT04140526) in patients with advanced solid tumors were presented at SITC (Free SITC Whitepaper) in 2022 and 2021, where ONC-392 showed encouraging clinical activity, either as single agent or in combination with pembrolizumab in patients with metastases, particularly those who progressed on immunotherapies targeting PD-1 and CTLA-4.

ONC-392 received Fast Track designation from the U.S. Food and Drug Administration ("FDA") as a monotherapy for immunotherapy-resistant non-small cell lung cancer ("NSCLC"). The data in monotherapy of PD-1-resistant NSCLC support the initiation of a randomized Phase 3 trial which will evaluate ONC-392 as monotherapy against the current standard of care in that indication (NCT05671510). The candidate is currently also being evaluated in an additional Phase 2 trial as a combination therapy with pembrolizumab in platinum-resistant ovarian cancer (NCT05446298).

"Despite being a prime target for more than a decade, we believe that targeting CTLA-4 has not reached its full potential in cancer immunotherapy," said Prof. Ugur Sahin, M.D., Chief Executive Officer and Co-Founder of BioNTech. "The data presented by OncoC4 on their ONC-392 antibody indicate a differentiated safety profile and encouraging clinical activity in various types of tumors. We believe that this antibody is a valuable addition to our immuno-oncology portfolio, whether used alone or in combination with our personalized immunotherapies."

"Because of its specific mechanism of action, we believe ONC-392 has the potential to broaden the reach of CTLA-4-targeting immunotherapy," said Yang Liu, PhD, Co-Founder, CEO and Chief Scientific Officer of OncoC4. "We very much look forward to working hand-in-hand with BioNTech in developing ONC-392 for cancer indications with unmet medical needs."

Under the terms of the agreement, OncoC4 will receive a $200 million upfront payment and is eligible to receive development, regulatory and commercial milestone payments as well as double-digit tiered royalties. BioNTech and OncoC4 will jointly develop ONC-392 as monotherapy and in combination with anti-PD-(L)-1 antibodies in a range of solid tumor indications, including NSCLC, until approval, with the parties equally sharing development costs for such studies. All combinations outside of PD-1 inhibition, in particular all combinations with a compound in BioNTech’s pipeline, will be solely developed by BioNTech. BioNTech will hold the exclusive worldwide commercialization rights for any of these products with participation of OncoC4 in certain markets to be negotiated in the future.

About ONC-392 and CTLA-4
ONC-392 is OncoC4’s next-generation anti-CTLA-4 antibody candidate. The immune checkpoint receptor CTLA-4 inhibits T cell immune response and reduces the activity of T cells in recognizing and eliminating cancer cells. Blocking CTLA-4 preserves T cell activity and enhances anti-tumor activity. OncoC4’s next-generation anti-CTLA-4 antibody candidate ONC-392 was designed to preserve CTLA-4 recycling and thus Treg function in the peripheral tissues. This aims to give rise to fewer immune-related adverse effects and a positive safety profile.

Athenex Provides Fourth Quarter and Full Year 2022 Financial Results and Business Update

On March 20, 2023 Athenex, Inc., (NASDAQ: ATNX), a global biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies for the treatment of cancer and related conditions,reported a corporate and financial update for the fourth quarter and full year ended December 31, 2022 (Press release, Athenex, MAR 20, 2023, View Source [SID1234629040]).

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"In 2022, we focused on executing our strategic vision to advance our differentiated NKT cell therapy platform and reported positive clinical data for our two lead investigational CAR-NKT cell therapy products in both neuroblastoma and non-Hodgkin lymphoma," said Dr. Johnson Lau, Chief Executive Officer of Athenex. "In addition, we made significant progress in monetizing company assets during the year, in line with our planned strategy. In 2023, we are pursuing a broader range of strategic alternatives while remaining focused on improving our balance sheet as we continue to advance our promising clinical development programs."

Fourth Quarter 2022 and Recent Business Highlights

Corporate Updates:

Closed the sale of China API business
Ended the manufacturing of 503B sterile compounded products and will exit the market in April 2023
Effected a 20:1 reverse stock split of Athenex common stock on February 15, 2023; the Company received notice on March 16, 2023 that it regained compliance with Nasdaq’s continued listing requirements
Clinical Development Programs:

NKT Cell Therapy Platform

KUR-501: Autologous GD2 CAR-NKT cell therapy for relapsed/refractory high-risk neuroblastoma (R/R HRNB)

Recent FDA-imposed clinical hold of the KUR-501 Investigational New Drug Application (IND) following the death of a young heavily pretreated male patient with R/R HRNB treated at the fifth dose level of 300 million cells/m2 approximately three weeks after CAR-NKT cell therapy product administration. Baylor College of Medicine (BCM), the IND holder, continues to investigate the etiology and pathogenesis of this event
Subject was found to have human metapneumovirus infection, then Grade 1 cytokine release syndrome (CRS) that was treated with immunosuppressants
Subject later developed polyclonal hyperleukocytosis complicated by multiorgan dysfunction without evidence of sepsis
BCM is devising a safety risk mitigation plan to reopen the clinical trial, one that could include excluding patients with concomitant viral infections, but can provide no assurances that the clinical hold will be lifted or when it will be lifted. The Company is working closely with BCM to help address the FDA’s questions and remains committed to the continued safe clinical development of what it believes is a promising new CAR-NKT cell therapy product for a high unmet medical need in a pediatric orphan indication.

Anticipated Upcoming Milestones

Targeting Phase 1 GINAKIT2 study of KUR-501 reopening mid-2023, pending FDA potentially lifting clinical hold
Phase 1 GINAKIT2 dose escalation study safety and preliminary efficacy data update anticipated in 2H 2023
KUR-502: Allogeneic CD19 CAR-NKT cell therapy for relapsed/refractory B-cell malignancies

Ongoing multicenter expansion of Phase 1 dose-escalation study (ANCHOR2) initiated in Q4 2022
Anticipated Upcoming Milestones

Next clinical trial data update from the ongoing ANCHOR and ANCHOR2 studies anticipated in 2H 2023
KUR-503: Allogeneic GPC3 CAR-NKT cell therapy for previously treated advanced GPC3-expressing hepatocellular carcinoma

Anticipated Upcoming Milestones

IND application filing for the investigational treatment of adults with previously treated advanced GPC3-expressing hepatocellular carcinoma planned in 2024
Oral Paclitaxel and Encequidar

Graduation of Oral Paclitaxel combination regimen (encequidar, a PD-1 inhibitor, and carboplatin) in the neoadjuvant triple-negative breast cancer treatment subgroup of the I-SPY2 Phase 2 trial
Received marketing authorization denial from MHRA for the treatment of metastatic breast cancer based solely on chemistry, manufacturing and controls (CMC) issues
Anticipated Upcoming Milestones

Plan to discuss the I-SPY 2 Phase 2 trial data with the FDA in connection with the New Drug Application (NDA) of Oral Paclitaxel for metastatic breast cancer
Data update from I-SPY 2 Phase 2 trial for Oral Paclitaxel regimen in the neoadjuvant breast cancer treatment setting anticipated at upcoming national meetings in 2Q 2023 by Quantum Leap Healthcare Collaborative
Expecting independent panel review of MHRA decision
Specialty Pharmaceutical Business:

Athenex Pharmaceutical Division (APD) currently markets a total of 39 products with 74 SKUs
Fourth Quarter and Full Year 2022 Financial Highlights

Revenues from product sales from continuing operations increased to $21.8 million for the three months ended December 31, 2022, from $17.1 million for the three months ended December 31, 2021, an increase of $4.7 million or 27%. Product sales for the full year 2022 were $90.9 million, up from $68.5 million in 2021, which represents a 33% increase. This increase is attributed to the launch of two additional APD products, contributing $11.6 million in net product sales, and increased demand for three FDA shortage products, contributing $12.0 million in net product sales, during the full year 2022.

License fees and other revenue for the three months and year ended December 31, 2022 were $3.3 million and $11.9 million, respectively, compared to $0.8 million and $26.9 million, respectively, for the same periods in 2021.

Cost of sales for the three months ended December 31, 2022 totaled $18.2 million, an increase of $2.5 million, or 16%, as compared to $15.7 million for the three months ended December 31, 2021. Cost of sales totaled $76.1 million for the full year in 2022, an increase of 21% as compared to $62.9 million for the full year in 2021. The increase in our cost of specialty product sales was a result of the increase in sales volumes.

R&D expenses totaled $16.4 million for the three months ended December 31, 2022, down $2.0 million, or 11%, from $18.4 million for the three months ended December 31, 2021. R&D expenses totaled $51.8 million for the full year in 2022, a decrease of 33% as compared to $77.7 million for the full year in 2021. This decrease is primarily due to a decrease in costs related to Oral Paclitaxel, clinical operations, and drug licensing costs.

SG&A expenses totaled $7.2 million for the three months ended December 31, 2022, a decrease of 33% as compared to $10.8 million for the three months ended December 31, 2021. SG&A expenses totaled $44.9 million for the full year in 2022, a decrease of 30%, as compared to $64.2 million for the full year in 2021. This decrease was primarily due to a $11.5 million decrease of Oral Paclitaxel pre-launch expenses, and a decrease from the change in fair value of contingent consideration related to the Kuur Therapeutics acquisition.

The Company recorded impairment of $0.1 million related to the balance of a subsidiary’s in-process research and development during the year ended December 31, 2022, and goodwill impairment of $41.0 million during the three months and year ended December 31, 2021, based on the results of a quantitative goodwill impairment test for our reporting units.

Interest expense totaled $10.8 million and $5.0 million for the three months ended December 31, 2022 and 2021, respectively. Interest expense for the year ended December 31, 2022 totaled $25.8 million, an increase of $5.2 million, as compared to $20.7 million for the year ended December 31, 2021, primarily due to interest recognized on the royalty financing liability, partially offset by decreased borrowings on the Senior Credit Agreement with Oaktree.

Loss on extinguishment of debt amounted to $1.7 million and $3.1 million for the three months and year ended December 31, 2022, respectively. This loss was related to the prepayments we made to Oaktree on the Senior Credit Agreement during 2022.

Income tax (expense) benefit for the three months ended December 31, 2022 amounted to $0.3 million, compared to income tax expense of ($16.0) thousand for the same period in 2021. Income tax expense totaled ($0.3) million and income tax benefit totaled $10.6 million for the full year in 2022 and 2021, respectively. The income tax expense for the full year 2022 is related to foreign income tax withholdings and the income tax benefit for the full year 2021 was primarily the result of deferred taxes related to the acquisition of Kuur’s in-process research and development.

Net losses attributable to Athenex for the three months and year ended December 31, 2022 were $34.2 million and $103.4 million, respectively, or ($4.28) and ($15.81) per diluted share, respectively, as compared to a net loss of $104.4 million and $199.8 million, or ($19.08) and ($38.44) per diluted share, for the same periods in 2021. On February 15, 2023, the Company effected a 20:1 reverse stock split, and all share and per share amounts, and exercise prices of stock options, warrants, and pre-funded warrants, if applicable, in the consolidated financial statements and notes thereto have been retroactively adjusted for all periods presented to give effect to this reverse stock split.

Revenue from product sales from continuing and discontinued operations were $115.6 million and $92.3 million for 2022 and 2021, respectively, an increase of $23.3 million, or 25%. These amounts include revenues from the 503B business of $23.3 million and $19.8 million in 2022 and 2021, respectively, and revenues from the China API business of $1.4 million and $4.0 million in 2022 and 2021, respectively. The 503B business and China API business are now categorized as discontinued operations.

For further details on the Company’s financial results, including the results for the full year ended December 31, 2022, refer to the Form 10-K filed with the SEC.

Liquidity and Capital Resources Update

As of December 31, 2022, the Company had cash and cash equivalents, restricted cash, and short-term investments of $36.7 million. The Company is implementing cost savings programs and plans to monetize assets and raise capital in order to extend cash runway in 2023.

On March 7 and March 13, 2023, the Company received notices of certain alleged defaults and reservations of rights from Oaktree relating to the Senior Credit Agreement. The alleged defaults relate to (i) the Company exceeding the $10.0 million threshold for incurring additional indebtedness by having accounts payable owed to counterparties overdue by more than 90 days, (ii) the Company’s obligation to provide notice to Oaktree related to the foregoing, and (iii) the Company’s obligation to provide notice to Oaktree regarding the recent reverse stock split. Upon the occurrence of an Event of Default, Oaktree has the right to accelerate all amounts outstanding under the Senior Credit Agreement, in addition to other remedies available to it as a secured creditor of ours. If Oaktree accelerates the maturity of the indebtedness under the Senior Credit Agreement, we do not have sufficient capital available to pay the amounts due on a timely basis, if at all, and there is no guarantee that we would be able to repay, refinance or restructure the payments due under the Senior Credit Agreement. The Company responded to Oaktree, which included grounds upon which the Company disputes each of the alleged defaults. The Company has not reached a mutual agreement with Oaktree on this matter.

Athenex management will not host a conference call to accompany this release but intends to provide material updates when appropriate.

Final results for the year ended 31 December 2022

On March 20, 2023 Abcam plc (Nasdaq: ABCM) (‘Abcam’, the ‘Group’ or the ‘Company’), a global leader in the supply of life science research tools, reported its results for the year ended 31 December 2022 (the ‘period’) (Press release, Abcam, MAR 20, 2023, View Source [SID1234629039]).

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Patritumab Deruxtecan Continues to Show Encouraging Clinical Activity in Distinct Patient Populations with Metastatic Lung and Breast Cancer in Updated Results of Two Early Trials

On March 19, 2023 New data from Daiichi Sankyo’s (TSE: 4568) patritumab deruxtecan (HER3-DXd) from two early trials in patients with previously treated EGFR-mutated metastatic non-small cell lung cancer (NSCLC) (#PS1-2) or HER3 expressing metastatic breast cancer (#PS2-4) were reported during two Presidential Sessions at the Japanese Society of Medical Oncology (JSMO) 2023 Annual Meeting (Press release, Daiichi Sankyo, MAR 19, 2023, View Source [SID1234629022]).

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Patritumab deruxtecan is a specifically engineered potential first-in-class HER3 directed antibody drug conjugate (ADC) designed using Daiichi Sankyo’s proprietary DXd ADC technology.

Lung and breast cancer are the first and fifth leading causes of cancer-related deaths worldwide, accounting for approximately 1.8 million and 685,000 deaths in 2020, respectively.1,2 New therapeutic approaches are needed to improve outcomes for these cancers and HER3 is a promising target for therapeutic development as it is broadly expressed in both lung and breast tumors.3,4,5

"Most patients with lung or breast cancer involved in these two early-stage trials were heavily pretreated, underscoring the need for new and innovative treatment options to help improve outcomes," said Mark Rutstein, MD, Global Head, Oncology Clinical Development, Daiichi Sankyo. "These results further add to the growing body of evidence that targeting HER3 with patritumab deruxtecan may be a promising therapeutic option for a wide array of patients across several subtypes of metastatic lung and breast cancer."

EGFR-Mutated NSCLC Phase 1 Trial Results
Updated data from a pooled analysis of a phase 1 trial of patritumab deruxtecan (5.6 mg/kg), including the first presentation of results from heavily pretreated patients with EGFR-mutated locally advanced or metastatic NSCLC (cohort 3a), demonstrated promising clinical efficacy after a median follow up of 23 months (range, 11.8-36.0). These data were presented during the Presidential Session on March 16, 2023.

An objective response rate (ORR) of 40.2% (95% CI: 30.6-50.4), as assessed by blinded independent central review (BICR), was observed with patritumab deruxtecan in the pooled analysis of 102 patients with EGFR-mutated NSCLC. One complete response (CR), 40 partial responses (PRs) and 39 cases of stable disease (SD) were seen. A disease control rate (DCR) of 78.4% (95% CI: 69.2-86.0) and a median duration of response (DOR) of 7.6 months (95% CI: 6.9-14.7) were observed. Median progression-free survival (PFS) was 6.4 months (95% CI: 5.3-8.3) and median overall survival (OS) was 15.8 months (95% CI: 10.8-21.5). Efficacy outcomes were consistent in a subgroup of 78 patients previously treated with third-generation EGFR TKI and platinum-based chemotherapy.

Responses with patritumab deruxtecan were seen in patients across a broad range of HER3 expression and across multiple mechanisms of EGFR TKI resistance. Additionally, confirmed ORRs of 36.4% (95% CI: 23.8-50.4) and 44.7% (95% CI: 30.2-59.9) were observed in patients with and without a history of central nervous system (CNS) metastases, respectively.

"Patritumab deruxtecan demonstrated a median overall survival of more than 15 months, which is particularly impressive in heavily pretreated patients with locally advanced or metastatic EGFR-mutated non-small cell lung cancer," said Hidetoshi Hayashi, MD, PhD, Associate Professor, Department of Medical Oncology at Kindai University, Osaka, Japan. "Further clinical evaluation of patritumab deruxtecan in EGFR-mutated NSCLC is underway."

Patients were heavily pretreated receiving a median of four prior lines of systemic therapy in the locally advanced/metastatic setting (range, 1-14) and median treatment duration was 5.5 months (range, 0.7-27.5). Safety of patritumab deruxtecan seen in this phase 1 trial was consistent with that previously observed in patients with EGFR-mutated NSCLC. Treatment-emergent adverse events (TEAEs) grade ≥ 3 were reported in 58 patients (56.9%) and included platelet count decrease (26%), neutrophil count decrease (21%), fatigue (10%), anemia (9%), white blood cell count decrease (8%), nausea (7%), hypokalemia (7%), lymphocyte count decrease (7%), dyspnea (6%) and febrile neutropenia (6%). Eight patients (7.8%) had confirmed treatment-related interstitial lung disease (ILD) as determined by independent adjudication committee. The majority of these ILD events were low-grade with two grade 1, three grade 2, one grade 3 and two grade 5 events. As of the data cut-off on January 28, 2022, eight patients remained on study treatment with patritumab deruxtecan.

Summary of Results in EGFR-Mutated NSCLC Phase 1 Trial

Efficacy Measure

Patritumab deruxtecan

5.6 mg/kg

n=102

Subset with prior third-generation EGFR TKI and platinum-based chemotherapy

n=78

Confirmed ORR, % (95% CI)

40.2% (30.6-50.4)

41.0% (30.0-52.7)

Confirmed BOR

CR, % (n)

1.0% (1)

1.3% (1)

PR, % (n)

39.2% (40)

39.7% (31)

SD, % (n)

38.2% (39)

34.6% (27)

PD, % (n)

12.7% (13)

14.1% (11)

NE, % (n)

8.8% (9)

10.3% (8)

DCR % (n) (95% CI)

78.4% (80) (69.2-86.0)

75.6% (59) (64.6-84.7)

DOR, median (95% CI), months

7.6 months (6.9-14.7)

11.2 months (7.0-NE)

PFS, median (95% CI), months

6.4 months (5.3-8.3)

6.4 months (4.4-10.8)

OS, median (95% CI), months

15.8 months (10.8-21.5)

16.2 months (11.2-21.9)

BOR, best overall response; CR, complete response; DCR, disease control rate; DOR, duration of response; NE, not evaluable; ORR, objective response rate; OS, overall survival; PD, progressive disease; PFS, progression-free survival; PR, partial response; SD, stable disease.

Subgroup Analysis of HER2 Expression in HER3 Expressing Metastatic Breast Cancer Phase 1/2 Trial
Newly reported exploratory subgroup analysis of HER2 expression (HER2 low defined as IHC 1+ or IHC2+/ISH-; or HER2 zero) from a three-part, first-in-human phase 1/2 trial evaluating patritumab deruxtecan (n=182) in patients with heavily pretreated HER3 expressing metastatic breast cancer, including HR positive/HER2 negative and triple negative breast cancer (TNBC), demonstrated promising clinical activity. These data were presented during a second Presidential Session on March 17, 2023.

In patients with HR positive breast cancer, confirmed ORRs of 36.2% (95%, CI: 24.0-49.9) in patients with HER2 low (n=58) and 28.2% (95% CI: 15.0-44.9) in patients with HER2 zero (n=39) disease were observed. Median DOR was 7.2 months (95% CI: 5.5-NE) and 7.0 months (95% CI: 3.0-NE), median PFS was 5.8 months (95% CI: 4.1-8.5) and 8.2 months (95% CI: 5.8-9.1) and median OS was 13.7 months (95% CI: 8.5-20.1) and 14.6 months (95% CI: 11.0-21.0) in the HER2 low and HER2 zero subgroups, respectively.

In patients with TNBC, a confirmed ORR of 20.7% (95% CI: 8.0-39.7) was observed in patients with HER2 low expression (n=29) and 26.3% (95%, CI: 9.1-51.2) in patients with HER2 zero expression (n=19). Median DOR was 4.1 months (95% CI: 2.7-6.0) and 8.4 months (95% CI: 4.2-NE), median PFS was 4.4 months (95% CI: 2.6-5.6) and 8.4 months (95% CI: 3.9-13.9), and OS was 12.7 months (95% CI: 9.2-21.8) and 16.6 months (95% CI: 9.3-23.8) in the HER2 low and HER2 zero subgroups, respectively.

Pooled safety of patritumab deruxtecan previously reported was further analyzed by dose (4.8 mg/kg and 6.4 mg/kg) and location of patients in Japan (n=142) or the U.S. (n=40) with an overall similar rate for TEAEs, excluding ILD, seen between Japan and U.S. subgroups. Grade ≥ 3 TEAEs occurred in 99 patients (69.7%) in Japan and 21 patients (52.5%) in the U.S. Twelve patients (8.5%) from Japan and zero patients from U.S. had confirmed treatment-related ILD as determined by an independent adjudication committee. The majority of ILD events were low-grade with three grade 1 (2.1%), five grade 2 (3.5%), three grade 3 (2.1%) and one grade 5 (0.7%) event.

"These data extend previous observations and demonstrate patritumab deruxtecan has shown clinical activity in patients with metastatic breast cancer and HER2 low or HER2 zero expression," said Hiroji Iwata, MD, PhD, Vice Director and Chief of Breast Oncology, Aichi Cancer Center Hospital, Nagoya, Japan. "These data support the further evaluation of patritumab deruxtecan as a potential treatment option for breast cancer and learning more about appropriate sequencing approaches with other therapies."

Patients across subgroups were heavily pretreated, receiving a median of seven prior lines of systemic therapy in the HR positive, HER2 low and HER2 zero subgroups, four prior lines of systemic therapy in the HR negative, HER2 low subgroup, and three prior lines of systemic therapy in the HR negative, HER2 zero subgroup. Median treatment duration was 5.5 months (range, 0.7-28.4) in the HR positive, HER2 low subgroup, 7.6 months (range, 1.4-22.8) in the HR positive, HER2 zero subgroup, 4.9 months (range, 0.7-19.8) in the HR negative, HER2 low subgroup and 5.7 months (range, 0.7-22.5) in the HR negative, HER2 zero subgroup. As of data cut-off of August 16, 2021, four patients (10.6%) remained on treatment with patritumab deruxtecan.

Summary of HER2 Expression Subgroup Analysis in HER3 Expressing Metastatic Breast Cancer Phase 1/2 Trial

HR positive/HER2 negative

TNBC

Efficacy Measure

HR positive

/HER2 low

(n=58)

HR positive/

HER2 zero

(n=39)

HR negative /HER2 low

(n=29)

HR negative/

HER2 zero

(n=19)

Confirmed ORR, % (95% CI)

36.2% (24.0-49.9)

28.2% (15.0-44.9)

20.7% (8.0-39.7)

26.3% (9.1-51.2)

Confirmed BOR

PR, %

36.2%

28.2%

20.7%

26.3%

SD, %

43.1%

61.5%

48.3%

68.4%

PD, %

10.3%

7.7%

24.1%

5.3%

NE, % (n)

10.3%

2.6%

6.9%

0.0%

DOR, median (95% CI), months

7.2 months

(5.5-NE)

7.0 months

(3.0-NE)

4.1 months

(2.7-6.0)

8.4 months

(4.2-NE)

PFS, median (95% CI), months

5.8 months

(4.1-8.5)

8.2 months

(5.8-9.1)

4.4 months

(2.6-5.6)

8.4 months

(3.9-13.9)

OS, median

(95% CI), months

13.7 months

(8.5-20.1)

14.6 months

(11.0-21.0)

12.7 months

(9.2-21.8)

16.6 months

(9.3-23.8)

BOR, best overall response; DOR, duration of response; HER, human epidermal growth factor receptor; HR, hormone receptor; ORR, objective response rate; OS, overall survival; PD, progressive disease; PFS, progression-free survival; PR, partial response; SD, stable disease; NE, not evaluable; TNBC, triple negative breast cancer.
95% exact binomial confidence interval (by Clopper-Pearson method)

About the Phase 1 Non-Small Cell Lung Cancer Trial
The global, multicenter, open label, two-part phase 1 trial is evaluating patritumab deruxtecan in previously treated patients with metastatic or unresectable NSCLC.

The dose escalation part of the trial is evaluating patients with EGFR-mutated disease either with progression on osimertinib or T790M-negative after progression on erlotinib, gefitinib or afatinib. The primary objective of this part of the trial was to assess the safety and tolerability of patritumab deruxtecan and determine the recommended dose for expansion (RDE).

The dose expansion part of the trial is evaluating patritumab deruxtecan at the RDE (5.6 mg/kg every three weeks) in three cohorts. Cohort 1 includes patients with locally advanced or metastatic EGFR-mutated NSCLC who experienced disease progression after taking one or more EGFR TKIs and one or more platinum-based chemotherapy regimens. Cohort 2 includes patients with squamous or non-squamous NSCLC without EGFR-activating mutations following platinum-based chemotherapy and following an anti-PD-1 or anti-PD-L1 antibody regimen. Cohort 3 includes patients with NSCLC with EGFR-activating mutations including any histology other than combined small cell and non-small cell lung cancer; patients in Cohort 3 are randomized 1:1 to receive the 5.6 mg/kg RDE regimen (Cohort 3a) or an escalating up-titration regimen of patritumab deruxtecan (Cohort 3b). Cohort 4 includes patients with NSCLC, including any histology other than small cell or combined small and non-small cell.

The primary objective of Cohorts 1, 2 and 3 in the dose expansion part of the trial is to assess efficacy of patritumab deruxtecan as measured by confirmed ORR assessed by BICR. Secondary trial endpoints include investigator-assessed ORR, DCR, DOR, PFS, OS, safety and pharmacokinetics. The primary objective of Cohort 4 is to assess the relative bioavailability of clinical study versus commercial patritumab deruxtecan in Cohort 3a. The trial enrolled 264 patients at multiple sites in Asia, Europe and North America. For more information, visit ClinicalTrials.gov.

About the Phase 1/2 Breast Cancer Trial
The global, open-label, three-part phase 1/2 trial is evaluating the safety and efficacy of patritumab deruxtecan in patients with HER3 expressing advanced/unresectable metastatic breast cancer who are refractory or intolerant to standard treatment, or for whom no standard treatment is available.

The dose escalation part of the trial assessed the safety and tolerability of increasing doses of patritumab deruxtecan to determine the maximum tolerated dose. The dose finding part of the trial assessed the safety and efficacy of patritumab deruxtecan at selected dosing levels to determine the recommended dose for expansion. Patients in the dose escalation and dose finding parts of the trial must have received six or fewer prior chemotherapy regimens, at least two of which were administered for treatment of advanced/unresectable metastatic disease, and at least one prior chemotherapeutic regimen must have included a taxane, administered in the neoadjuvant, adjuvant or advanced setting, except in the dose expansion part of the TNBC cohort.

The phase 2 part of the trial evaluated the safety and efficacy of patritumab deruxtecan at the recommended dose for expansion in four different cohorts of patients with HER3 expressing and HER2 negative locally advanced or metastatic breast cancer, including HR positive and triple negative breast cancer. The trial enrolled 182 patients at multiple sites in the United States and Japan. For more information, visit ClinicalTrials.gov.

About EGFR-Mutated Non-Small Cell Lung Cancer
Lung cancer is the second most common cancer and the leading cause of cancer-related deaths worldwide.1 Approximately 80% to 85% of lung cancer is classified as NSCLC, which is typically diagnosed at an advanced stage in more than 50% of cases.6,7 EGFR mutations occur in up to 30% of all NSCLC tumors worldwide.8

The introduction of targeted therapies has improved the treatment landscape for patients with EGFR-mutated metastatic or locally advanced NSCLC. Targeted therapy with EGFR TKIs offers higher response rates and progression-free survival compared to chemotherapy.6 However, disease progression from resistance to EGFR TKIs inevitably occurs one to two years following initial treatment.9 Subsequent standard treatments following first-line progression offer limited efficacy.10 New treatment approaches are needed to help improve survival in patients with EGFR-mutated NSCLC.

About Breast Cancer
Breast cancer is the most common cancer and is one of the leading causes of cancer-related deaths worldwide.11 More than two million cases of breast cancer were diagnosed in 2020 with nearly 685,000 deaths globally. 2,11 Despite recent advancements across the three main subtypes of breast cancer, including HER2 positive, HR positive/HER2 low or negative and triple negative, it remains incurable and new treatment strategies are needed for refractory disease.

About HER3
HER3 is a member of the EGFR family of receptor tyrosine kinases.12 It is estimated that about 83% of primary NSCLC tumors express HER3 and 90% of advanced EGFR-mutated tumors after prior EGFR TKI treatment express HER3.5,13 HER3 also is highly expressed in about 30% to 50% of breast tumors.3,4,14 There is currently no HER3 directed medicine approved for the treatment of any cancer.

About Patritumab Deruxtecan
Patritumab deruxtecan (HER3-DXd) is an investigational HER3 directed ADC. Designed using Daiichi Sankyo’s proprietary DXd ADC technology, patritumab deruxtecan is composed of a fully human anti-HER3 IgG1 monoclonal antibody attached to a number of topoisomerase I inhibitor payloads (an exatecan derivative, DXd) via tetrapeptide-based cleavable linkers.

Patritumab deruxtecan was granted Breakthrough Therapy Designation (BTD) by the U.S. Food and Drug Administration (FDA) in December 2021 for the treatment of patients with metastatic or locally advanced EGFR-mutated NSCLC with disease progression on or after treatment with a third generation TKI and platinum-based therapies.

Patritumab deruxtecan is currently being evaluated as both a monotherapy and in combination with other therapies in a global development program, which includes HERTHENA-Lung01, a phase 2 trial in patients with EGFR-mutated locally advanced or metastatic NSCLC previously treated with two prior systemic therapies including at least one EGFR TKI and at least one platinum-based chemotherapy based regimen; HERTHENA Lung02, a phase 3 trial versus platinum-based chemotherapy in patients with EGFR-mutated locally advanced or metastatic NSCLC following treatment with one or more EGFR TKIs; a phase 1 trial in combination with osimertinib in EGFR-mutated locally advanced or metastatic NSCLC; and a phase 1 trial in previously treated patients with unresectable or metastatic NSCLC. A phase 1/2 trial in HER3 expressing metastatic breast cancer also has been completed.

About the DXd ADC Portfolio of Daiichi Sankyo
The DXd ADC portfolio of Daiichi Sankyo currently consists of five ADCs in clinical development across multiple types of cancer. The company’s clinical trial stage DXd ADCs include ENHERTU, a HER2 directed ADC and datopotamab deruxtecan (Dato-DXd), a TROP2 directed ADC, which are being jointly developed and commercialized globally with AstraZeneca; and patritumab deruxtecan (HER3-DXd), a HER3 directed ADC. Two additional ADCs including ifinatamab deruxtecan (I-DXd; DS-7300), a B7-H3 directed ADC, and DS-6000, a CDH6 directed ADC, are being developed through a strategic early-stage research collaboration with Sarah Cannon Research Institute.

Designed using Daiichi Sankyo’s proprietary DXd ADC technology to target and deliver a cytotoxic payload inside cancer cells that express a specific cell surface antigen, each ADC consists of a monoclonal antibody attached to a number of topoisomerase I inhibitor payloads (an exatecan derivative, DXd) via tetrapeptide-based cleavable linkers.

Datopotamab deruxtecan, ifinatamab deruxtecan, patritumab deruxtecan and DS-6000 are investigational medicines that have not been approved for any indication in any country. Safety and efficacy have not been established.

Triumvira Immunologics to Present New Data on its TAC T Cell Autologous and Allogeneic Products and the Ongoing Phase I/II Solid Tumor Trial at the 2023 AACR Annual Meeting

On March 19, 2023 Triumvira Immunologics ("Triumvira"), a clinical-stage company developing novel, targeted autologous and allogeneic T cell therapeutics that co-opt the natural biology of T cells to treat patients with solid tumors, reported that the Company will be presenting preclinical and clinical data on its lead asset TAC01-HER2 for the treatment of human epidermal growth factor receptor 2 (HER2) positive solid tumors at the 2023 American Association for Cancer Research (AACR) (Free AACR Whitepaper) Annual Meeting taking place in Orlando, April 14-19 (Press release, Triumvira Immunologics, MAR 19, 2023, View Source [SID1234629018]). The presentations will include updated clinical data and product characterization from the ongoing Phase I/II trial of autologous TAC01-HER2 (NCT04727151) in patients with solid tumors and preclinical data on an allogeneic HER2-TAC T cell product.

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"We are pleased to present additional validation of our lead clinical program TAC01-HER2, currently in Phase I/II trials, supporting the efficiency of our proprietary Cocoon platform to manufacture potent autologous TAC01-HER2 cells using leukocytes from cancer patients," said Deyaa Adib, M.D., Chief Medical Officer of Triumvira Immunologics. "Interim results will also be presented from our ongoing Phase I/II trial investigating the safety and efficacy of autologous TAC01-HER2 in HER2+ refractory solid tumors demonstrating a favorable safety profile and promising clinical activity as evident by reduction of measurable disease and prevention of fast cancer progression in the majority of patients enrolled in the Phase I trial. Further, we will present new preclinical data from our allogeneic T cell-based products in development demonstrating their potential to avoid graft versus host disease."