Supernus to Present at the Bank of America 2023 Health Care Conference

On May 2, 2023 Supernus Pharmaceuticals, Inc. (Nasdaq: SUPN), a biopharmaceutical company focused on developing and commercializing products for the treatment of central nervous system (CNS) diseases, reported that Jack Khattar, President and CEO of Supernus Pharmaceuticals, will participate in a fireside chat, as well as host investor meetings, at the Bank of America 2023 Health Care Conference on Thursday, May 11, 2023, at 10:40 a.m. PT (1:40 p.m. ET) (Press release, Supernus, MAY 2, 2023, View Source [SID1234630941]).

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The conference will take place May 9-11, 2023, at the Encore Hotel in Las Vegas, Nevada. Investors interested in arranging a meeting with company management should contact the Bank of America conference coordinator. A live audio webcast of the presentation can be accessed here or by visiting Events & Presentations in the Investor Relations section on the Company’s website at www.supernus.com. An archived replay of the webcast will be available for 60 days on the Company’s website following the conference.

Morphic Therapeutic Announces Proposed Public Offering

On May 2, 2023 Morphic Holding, Inc. (Nasdaq: MORF), a biopharmaceutical company developing a portfolio of oral integrin therapies for the treatment of serious chronic diseases, reported a proposed underwritten public offering of its common stock (Press release, Morphic Therapeutic, MAY 2, 2023, View Source [SID1234630933]). In addition, Morphic intends to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock offered in the offering. All of the shares of common stock are being offered by Morphic. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

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Jefferies, TD Cowen, BMO Capital Markets, RBC Capital Markets and Wells Fargo Securities are acting as joint bookrunners for the offering.

Morphic intends to use the net proceeds from the proposed offering, together with its existing cash, cash equivalents and marketable securities, to fund research, clinical trials and process development and manufacturing of Morphic’s product candidates, including MORF-057 and other programs generated from Morphic’s MInT Platform, working capital, capital expenditures and other general corporate purposes.

The shares are being offered by Morphic pursuant to a registration statement on Form S-3ASR previously filed with the Securities and Exchange Commission (the "SEC"), which became automatically effective upon filing. A preliminary prospectus supplement and accompanying prospectus relating to this offering will be filed with the SEC. When available, copies of the preliminary prospectus supplement and the accompanying prospectus relating to this offering may be obtained from: Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, by telephone at 877-547-6340 or by email at [email protected]; or Cowen and Company, LLC, 599 Lexington Avenue, New York, NY 10022, by email at [email protected] or by telephone at (833) 297-2926; or BMO Capital Markets Corp. at 151 W 42nd Street, 32nd Floor, New York, NY 10036, Attention: Equity Syndicate Department, by telephone at (800) 414-3627 or by email to [email protected]; or RBC Capital Markets, Attention: Equity Capital Markets, 200 Vesey Street, 8th Floor, New York, NY 10281, or by telephone at (877) 822-4089 or by email at [email protected]; or Wells Fargo Securities, LLC, Attention Equity Syndicate Department, 500 West 33rd Street, New York, NY 10001, by telephone at (833) 690-2713, or by email at [email protected]. Electronic copies of the preliminary prospectus supplement and accompanying prospectus will also be available on the website of the SEC at View Source

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

BostonGene and Australia’s Mater Research Collaborate in New Follicular Lymphoma Study

On May 2, 2023 BostonGene Corporation reported a major research collaboration with Australia’s Mater Research to discover novel diagnostic biomarkers of follicular lymphoma and ultimately improve treatment for patients in the advanced stages of the disease (Press release, BostonGene, MAY 2, 2023, View Source [SID1234630877]).

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Follicular lymphoma is a type of blood cancer diagnosed in around 1,500 Australians yearly and is usually slow-growing. However, approximately 20 percent will rapidly progress after frontline therapy and have poor long-term survival.

Mater Research is an internationally recognized medical research leader committed to improving healthcare through the close collaboration of its scientists with physicians working in Mater’s network of not-for-profit hospitals in Queensland, Australia.

Led by Honorary Senior Research Fellow Dr Joshua Tobin, Mater Research will work with US-based molecular and immune profiling leader BostonGene to analyze hundreds of follicular lymphoma (FL) biopsy samples and assess the prognostic impact of changes in immune function within each tumor.

BostonGene will provide whole transcriptome sequencing (RNA-seq), comprehensive spatial proteomics and advanced analytics to develop clinically applicable RNA and protein-based biomarkers for use in clinical practice.

"Follicular lymphoma has a very variable clinical course, which is very slow to develop in some, but in other patients can progress quickly and become very difficult to treat successfully," Dr Tobin said.

"By leveraging BostonGene’s next-generation sequencing and powerful analytics, we hope to accelerate our research identifying new biomarkers in patients with advanced-stage follicular lymphoma."

"This collaboration undoubtedly has the potential to improve treatment decisions for people diagnosed with follicular lymphoma in future."

The project is being supported by Australia’s Snowdome Foundation and the American Society of Hematology (ASH) (Free ASH Whitepaper) Global Scholar Award.

"We are pleased to support Mater Research in its research efforts to find optimal treatments for Mater, and ultimately all, patients with follicular lymphoma," said Nathan Fowler, MD, Chief Medical Officer at BostonGene. "With BostonGene’s multi-faceted approach, we are excited to support Mater Research in discovering distinct characteristics that could be useful for other patients with advanced blood cancers worldwide.

Odimma Therapeutics Secures €2 Million to Complete the Preparation of Its First-in-Man Clinical Trial

On May 2, 2023 Odimma Therapeutics, a biotechnology company specialized in personalized cancer immunotherapy reported a seed fundraising of €2 million in order to secure the preparation on its First-in-Man clinical trial with ODI-2001, an innovative first-in-class personalized immunotherapy against cancer (Press release, Odimma Therapeutics, MAY 2, 2023, View Source [SID1234630876]).

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This financing round is supported by Capital Grand Est, Alsace Business Angels, Angels Santé, historical founders and associates, several new Business Angels and BpiFrance.

In recent months, Odimma Therapeutics has completed the proof of activity experiments of its lead product ODI-2001 in several hard-to-treat preclinical cancer models. In parallel, the company has secured the pharmaceutical process for the production of ODI-2001. This relies on pharmaceutical partnerships with world-class players in the field as earlier communicated: myNEO (Ghent, Belgium) for neoepitope prediction by artificial intelligence, Touchlight Genetics (Hampton, UK) for the production of synthetic DNA and ABL Europe (Illkirch, France) for the production of the viral component of ODI-2001.

The current activities are focused on the preparation of the Phase I clinical trial in patients with advanced solid tumors. These activities include regulatory interactions, toxicology and clinical operations. R&D activities are strengthened to continue generating additional data and intellectual property.

Jean-Sébastien Schmitt, representative of Alsace Business Angels said: "Fighting cancer with a technological disruption which is personalized, more efficient and quickly available for the patient was very attractive for our members. We are delighted to support Odimma’s team in their ambition and, as a first step, provide them with the best conditions for their clinical trial."

"We are delighted about the success of this new refinancing round, and are very pleased to contribute to the development of this promising technology. We are confident the innovative personalized immunotherapy platform developed by Odimma Therapeutics will give the best chances of success to immunotherapy in oncology," said Patrick Squiban M.D. member and ambassador, Angels Santé Business Angels Network.

Jean-Marc Limacher, M.D., Chairman of the company said: "The renewed support of historical shareholders and the engagement of new investors is a mark of trust which acknowledges the advancements made by the company and its collaborators. This new investment will allow Odimma Therapeutics to bring ODI-2001, in the clinical stage of its development."

In relation with the preparation of its first clinical trial the company is actively working on the next financing round.

Personalis, ABRCC, and Criterium Announce Major Prospective Clinical Trial for Residual and Recurrent Disease Detection in Triple Negative Breast Cancer

On May 2, 2023 Personalis, Inc. (Nasdaq: PSNL) reported it has partnered with the Academic Breast Cancer Consortium (ABRCC) and Criterium to carry out a prospective clinical trial, B-STRONGER-1 (Breast Cancer-Minimal Residual Disease Detection and Therapy Monitoring in Patients with Early Stage TNBC-Phase I), to evaluate the clinical performance of the NeXT Personal test for detecting minimal residual disease (MRD) during and after treatment and recurrent cancer in patients with early-stage resectable triple-negative breast cancer (TNBC) (Press release, Personalis, MAY 2, 2023, View Source [SID1234630875]).

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TNBC accounts for approximately 15%-20% of breast cancers diagnosed worldwide and is associated with worse outcomes compared to other breast cancer subtypes. Recurrence may be difficult to detect with other MRD assays, as TNBC in its earlier stages tends to ‘shed’ less circulating tumor DNA (ctDNA), a key marker for residual or recurrent cancer.

"The relatively high rate of recurrence in early stage TNBC patients makes detection of MRD after treatment important for assessing therapy response and providing opportunities for earlier intervention," said Richard Chen, MS, MD, Chief Medical Officer and Executive Vice President of R&D at Personalis. "However, in early-stage cancers like this, detection can be challenging because of lower ctDNA shedding rates. We specifically designed NeXT Personal to detect ctDNA with very high sensitivity. With the B-STRONGER-1 trial with ABRCC, Criterium and Dr. Chalasani, we hope to demonstrate that this high sensitivity enables earlier and more accurate detection of MRD in early stage TNBC patients."

Currently, a patient’s likelihood of developing a recurrent tumor is largely determined through pathological assessment of tissue samples collected from both the site of the primary tumor and regional lymph nodes following treatment—a process broadly referred to as pathological complete response (pCR) testing.

"While a valuable tool in estimating the risk of recurrence, pCR doesn’t help us to monitor for recurrence and response to treatment. More importantly, a large proportion of patients who do not have a pCR status have cancer recurrence. Currently we do not have good options in the clinic for detecting early recurrence. If we find it via imaging scans, it is too late, as this means the cancer has established a new ‘home’ already," explained the study’s principal investigator, Pavani Chalasani, MD, Division Director for Hematology/Oncology, George Washington Cancer Center, George Washington University. "MRD testing has shown significant promise in recent years as a viable alternative, and it could become the new standard for assessing not only a patient’s response to treatment, predicting their risk of recurrence, but also to detect early recurrence of disease. This early detection provides a window for the oncologist to potentially intervene and change treatment before the cancer can establish a new ‘home’."

NeXT Personal leverages next-generation sequencing technology to detect ctDNA in the bloodstream and may enable detection of micrometastases that currently evade pCR detection. The assay is designed to deliver industry-leading MRD sensitivity down to 1 part-per-million, an approximately 10- to 100-fold improvement over other available technologies. This may enable earlier detection across a broader variety of cancers and stages.

The B-STRONGER-1 study will enroll approximately 900 patients at up to 30 US sites and will be carried out in two stages. In the first stage, samples will be collected from each patient for both pCR and MRD analyses, to assess whether MRD using NeXT Personal correlates with standard of care pCR measurements. The second stage will involve a five-year follow-up to deepen the evidence on performance and establish clinical utility of NeXT Personal in early stage resectable TNBC.

About Triple Negative Breast Cancer

Triple negative breast cancer (TNBC) is aggressive and strongly correlated with hereditary BRCA1/2 mutations as well as a higher prevalence in young African American women. Despite advances in systemic therapies, currently 25–30% of early stage patients develop metastatic disease within 3–5 years of diagnosis and subsequent overall survival ranges from 8–13 months.