Consolidated Financial Results for the Fiscal Year Ended March 31, 2025

On May 8, 2025 Ono Pharmaceutical reported consolidated Financial Results for the Fiscal Year Ended March 31, 2025 (Filing, 3 mnth, MAR 31, Ono, 2025, MAY 8, 2023, View Source [SID1234654080]).

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NHL/ALL immunotherapy candidate dual antibody drug YK012 has officially entered the phase I clinical trial phase

On May 8, 2023 Excyte Biopharma reported its YK012, a bispecific antibody drug was used for the treatment of recurrent/refractory B-cell non Hodgkin’s lymphoma (CD3) × CD19) Phase I clinical research has officially started in Beijing (Press release, Excyte Biopharma, MAY 8, 2023, View Source;lang=en [SID1234646275]). On May 9th, the first subject successfully signed an informed consent form.

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Professor Shi Yuankai, Vice President of the Clinical Research Center of Cancer Hospital of the Chinese Academy of Medical Sciences and Director of the Department of Oncology (2 from the left), Mr. Meng Qingwu (1 from the left), co-founder of Yikesite (Beijing) Medical Technology Development Co., Ltd., and Dr. Yuan Qing’an (3 from the left), co-founder of Yikesite (Beijing) Medical Technology Development Co., Ltd., and Ms. Pan Liyi (4 from the left), Chief Operating Officer of Beijing New Leading Medical Clinical Business Unit, Group photo of team representatives including Ren Chong, Deputy Clinical Director of the applicant (3 from the right), and Ms. Yuan Shaoxiong, Medical Director of the CRO (4 from the right), at the kickoff meeting

CD3 is currently the main target for binding T cells in the global development of immune dual antibody drugs. CD3 molecules are widely distributed on the surface of mature T cells as membrane antigens, and combine with T cell antigen recognition receptors (TCRs) to form composite receptors. Targeting CD3 is the most important pathway for activating T cells/achieving T cell redirection. In the 1980s, CD3 targets entered the field of dual antibody development. In 1985, the concept of T cell redirection was first proposed. After nearly 30 years of research, the development of immune dual antibodies targeting other tumor targets using CD3 targets as the backbone has become increasingly intense.

As one of the most reliable surface biomarker of B cells, CD19 is widely distributed in most stages of B cell development. CD19 can regulate the activation and proliferation of B cells, participate in its signal transduction function, and play the role of Co-receptor. Since its discovery in 1983, CD19 has been confirmed to be expressed in most non Hodgkin’s lymphoma (NHL), acute lymphoblastic leukemia (ALL), chronic lymphoblastic leukemia (CLL), and B-cell lymphoma. In fact, 80% of ALL, 88% of B-cell lymphoma, and 100% of B-cell leukemia express normal to high levels of CD19. CD19 has been clinically proven to be a therapeutic target for lymphoma, leukemia, and some autoimmune diseases.

Currently, anti CD3 × The bispecific antibody blinatumomab (Blincyto) against CD19 , Beritol ) It is currently the only globally approved CD3 × CD19 bispecific antibody drug, which was officially commercialized and launched in China in August 2021, is used to treat refractory recurrent acute lymphocytic leukemia (r/r B-ALL) in Chinese adults.

YK012 developed by Yike Si Te has a similar mode of action to Belitol, but is significantly superior to Belitol in terms of structure, half-life, expression level, and toxicity. Preclinical studies have shown that YK012 may have better clinical efficacy and safety, and is expected to provide better treatment options for refractory recurrent ALL and NHL. In addition, through clinical trial exploration, it is possible to expand YK012 to more indications.

A good start is half the battle, and in order for patients to use new drugs faster, clinical trial research is undoubtedly racing against time. The YK012 project kickoff meeting and the signing of the first subject informed consent form indicate that Yikesite (Beijing) Pharmaceutical Technology Development Co., Ltd. will set sail with this, officially starting a new starting point, and is a key milestone in the new journey.

Yikesite (Beijing) Pharmaceutical Technology Development Co., Ltd. was jointly founded by Dr. Yuan Qing’an and Mr. Meng Qingwu, who came back from a famous American pharmaceutical company. The company makes full use of the founder’s years of experience, technical advantages and team strength to develop innovative bispecific antibody drugs for blood cancer, multiple myeloma, triple negative breast cancer and liver cancer. These projects have the characteristics of long-term, low toxicity, and high-yield technological innovation, and are positioned as the best or first of their kind. I believe that with the progress of the product pipeline, the company will have more dual antibody varieties entering the clinical stage, providing better treatment methods for patients.

NHL/ALL immunotherapy candidate dual antibody drug YK012 has officially entered the phase I clinical trial phase

On May 8, 2023 Excyte Biopharma reported that YK012 was used for the treatment of recurrent/refractory B-cell non Hodgkin’s lymphoma (CD3) × CD19) Phase I clinical research has officially started in Beijing (Press release, Excyte Biopharma, MAY 8, 2023, View Source;lang=en [SID1234646267]). On May 9th, the first subject successfully signed an informed consent form.

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Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

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Professor Shi Yuankai, Vice President of the Clinical Research Center of Cancer Hospital of the Chinese Academy of Medical Sciences and Director of the Department of Oncology (2 from the left), Mr. Meng Qingwu (1 from the left), co-founder of Yikesite (Beijing) Medical Technology Development Co., Ltd., and Dr. Yuan Qing’an (3 from the left), co-founder of Yikesite (Beijing) Medical Technology Development Co., Ltd., and Ms. Pan Liyi (4 from the left), Chief Operating Officer of Beijing New Leading Medical Clinical Business Unit, Group photo of team representatives including Ren Chong, Deputy Clinical Director of the applicant (3 from the right), and Ms. Yuan Shaoxiong, Medical Director of the CRO (4 from the right), at the kickoff meeting

CD3 is currently the main target for binding T cells in the global development of immune dual antibody drugs. CD3 molecules are widely distributed on the surface of mature T cells as membrane antigens, and combine with T cell antigen recognition receptors (TCRs) to form composite receptors. Targeting CD3 is the most important pathway for activating T cells/achieving T cell redirection. In the 1980s, CD3 targets entered the field of dual antibody development. In 1985, the concept of T cell redirection was first proposed. After nearly 30 years of research, the development of immune dual antibodies targeting other tumor targets using CD3 targets as the backbone has become increasingly intense.

As one of the most reliable surface biomarker of B cells, CD19 is widely distributed in most stages of B cell development. CD19 can regulate the activation and proliferation of B cells, participate in its signal transduction function, and play the role of Co-receptor. Since its discovery in 1983, CD19 has been confirmed to be expressed in most non Hodgkin’s lymphoma (NHL), acute lymphoblastic leukemia (ALL), chronic lymphoblastic leukemia (CLL), and B-cell lymphoma. In fact, 80% of ALL, 88% of B-cell lymphoma, and 100% of B-cell leukemia express normal to high levels of CD19. CD19 has been clinically proven to be a therapeutic target for lymphoma, leukemia, and some autoimmune diseases.

Currently, anti CD3 × The bispecific antibody blinatumomab (Blincyto) against CD19 , Beritol ) It is currently the only globally approved CD3 × CD19 bispecific antibody drug, which was officially commercialized and launched in China in August 2021, is used to treat refractory recurrent acute lymphocytic leukemia (r/r B-ALL) in Chinese adults.

YK012 developed by Yike Si Te has a similar mode of action to Belitol, but is significantly superior to Belitol in terms of structure, half-life, expression level, and toxicity. Preclinical studies have shown that YK012 may have better clinical efficacy and safety, and is expected to provide better treatment options for refractory recurrent ALL and NHL. In addition, through clinical trial exploration, it is possible to expand YK012 to more indications.

A good start is half the battle, and in order for patients to use new drugs faster, clinical trial research is undoubtedly racing against time. The YK012 project kickoff meeting and the signing of the first subject informed consent form indicate that Yikesite (Beijing) Pharmaceutical Technology Development Co., Ltd. will set sail with this, officially starting a new starting point, and is a key milestone in the new journey.

Yikesite (Beijing) Pharmaceutical Technology Development Co., Ltd. was jointly founded by Dr. Yuan Qing’an and Mr. Meng Qingwu, who came back from a famous American pharmaceutical company. The company makes full use of the founder’s years of experience, technical advantages and team strength to develop innovative bispecific antibody drugs for blood cancer, multiple myeloma, triple negative breast cancer and liver cancer. These projects have the characteristics of long-term, low toxicity, and high-yield technological innovation, and are positioned as the best or first of their kind. I believe that with the progress of the product pipeline, the company will have more dual antibody varieties entering the clinical stage, providing better treatment methods for patients.

Results of Phase I Clinical Study of Qilu Pharma’s PD-1/CTLA-4 Bifunctional Antibody Iparomlimab/Tuvonralimab Published Online in Journal of Hematology & Oncology

On May 8, 2023 Journal of Hematology & Oncology (JHO, 2022 impact factor of 23.168) published the results of the Phase I clinical study of Qilu Pharma’s immunotherapy bifunctional antibody, QL1706 (J Hematol Oncol. 2023 May 8;16(1):50) (Press release, Qilu Pharmaceutical, MAY 8, 2023, View Source;oncology-301823147.html [SID1234631608]). This study is the first large Phase I clinical trial of QL1706 in humans, and was led by Prof. Li Zhang and his team at Sun Yat-sen University Cancer Center. The results provide further support for the use of dual immunotherapy in patients with advanced solid tumors.

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QL1706 is a bifunctional dual blocker developed by Qilu Pharma using the novel MabPair antibody technology platform to simultaneously produce two engineered monoclonal antibodies in a single cell, the PD-1 IgG4 antibody iparomlimab and the CTLA-4 IgG1 antibody tuvonralimab. The CTLA-4 antibody has a shorter elimination half-life in vivo, with a shorter exposure for CTLA-4 antibodies in a dosing cycle.

A total of 518 patients were enrolled in this study, of whom 99 patients in the Phase I dose escalation study received a single dose of QL1706 (intravenous, every 3 weeks) at 0.3-10 mg/kg to determine the maximum tolerated dose (MTD), Phase II recommended dose (RP2D), safety, pharmacokinetics (PK) and pharmacodynamics (PD) of QL1706. In the Phase Ib study, 419 patients with advanced solid tumors received 5 mg/kg (RP2D) of QL1706 (administered every 3 weeks) to evaluate the preliminary efficacy of QL1706 in the treatment of non-small cell lung cancer (NSCLC), nasopharyngeal carcinoma (NPC), cervical cancer (CC) and other solid tumors.

The incidence of treatment-related adverse events (TRAEs) was 74.9% (388/518) in all patients, with 16% of TRAEs being grade 3 or higher. Thirty (5.8%) patients withdrew from the study due to TRAEs. The most common TRAEs were rash (19.7%), hypothyroidism (13.5%) and pruritus (13.3%). The incidence of immune-related adverse events (irAEs) was 46.1% (239/518) and 8.1% for grade 3 or higher irAEs.

With comprehensive assessment, the RP2D of QL1706 was determined to be 5 mg/kg. In the Phase Ib part, patients were treated with QL1706 at RP2D. The median follow-up was 9.5 months. The objective response rate (ORR) was 16.9% (79/468) and the median duration of response (DoR) was 11.7 months (95% CI, 8.3 – not reached). In cervical cancer, NPC, small cell lung cancer and NSCLC, the ORR was 27.3% (15/55), 24.5% (27/110), 23.1% (6/26) and 14.0% (17/121), respectively. The ORR in immunotherapy-naïve NSCLC, NPC and cervical cancer was 24.2%, 38.7% and 28.3%, respectively.

The Phase I clinical trial of QL1706 has shown that QL1706 is safe and well tolerated. QL1706 showed good ORR in advanced solid tumors and higher ORR in NPC, cervical cancer and lung cancer. QL1706 plus chemotherapy is currently being studied in a number of Phase III clinical trials in cervical cancer, NSCLC adjuvant treatment, advanced NSCLC and NPC.

Prof. Li Zhang from Sun Yat-sen University Cancer Center said, "QL1706 is the first Mabpair product targeting PD-1 and CTLA-4, and the paper published presents the first large phase I study of QL1706 in humans. The results showed that QL1706 was well tolerated in advanced solid tumors and demonstrated good anti-tumor activity in advanced NSCLC, NPC, cervical cancer and other tumors. This study provides strong support for further clinical research of QL1706, which is expected to become a new approach of dual immunotherapy. We hope this innovative dual immunotherapy will be available to patients as quickly as possible."

10-Q – Quarterly report [Sections 13 or 15(d)]

Ligand has filed a 10-Q – Quarterly report [Sections 13 or 15(d)] with the U.S. Securities and Exchange Commission .

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