Allogene Therapeutics Announces Participation in Three Upcoming Investor Conferences

On May 24, 2023 Allogene Therapeutics, Inc. (Nasdaq: ALLO), a clinical-stage biotechnology company pioneering the development of allogeneic CAR T (AlloCAR T) products for cancer, reported that it will participate in three upcoming investor conferences (Press release, Allogene, MAY 24, 2023, View Source [SID1234631989]).

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TD Cowen 4th Annual Oncology Innovation Summit
Tuesday, May 30, 2023
6:30AM PT/9:30AM ET

Jefferies Healthcare Conference
Friday, June 9, 2023
9:45AM PT/12:45PM ET

Goldman Sachs 44th Annual Global Healthcare Conference
Wednesday, June 14, 2023
1:20PM PT/4:20PM ET

Any available webcasts will be posted to the Company’s website at www.allogene.com under the Investors tab in the News and Events section. Following a live webcast, a replay will be available on the Company’s website for approximately 30 days.

Aligos Therapeutics to Present at the Jefferies 2023 Healthcare Conference

On May 24, 2023 Aligos Therapeutics, Inc. (Nasdaq: ALGS), a clinical stage biopharmaceutical company focused on developing novel therapeutics to address unmet medical needs in liver and viral diseases, reported that Lawrence M. Blatt, Ph.D., MBA, Chairman and CEO of Aligos, will present at the Jefferies Healthcare Conference on Thursday, June 8, 2023 at 8:00 a.m. ET (Press release, Aligos Therapeutics, MAY 24, 2023, View Source [SID1234631988]).

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Jefferies Healthcare Conference Information:

Date: Thursday, June 8, 2023
Time: 8:00 to 8:25 a.m. Eastern Time
Presenter: Lawrence Blatt, Ph.D., MBA, CEO of Aligos
Webcast: View Source
A replay of the session will be available following the conference for 90-days through the Aligos investor section of the website View Source

The Aligos management team will also participate in investor 1×1 meetings during the conference. Please contact your Jefferies representative to schedule one-on-one meetings with Aligos during the conference.

Immutep Announces Promising New Clinical Data from Triple Combination Therapy in INSIGHT-003 Trial

On May 24, 2023 Immutep Limited (ASX: IMM; NASDAQ: IMMP) ("Immutep" or "the Company"), a clinical-stage biotechnology company developing novel LAG-3 immunotherapies for cancer and autoimmune disease, reported new encouraging clinical data in 1st line non-small cell lung cancer from INSIGHT-003, an investigator-initiated Phase I trial conducted by the Frankfurt Institute of Clinical Cancer Research IKF (Press release, Immutep, MAY 24, 2023, View Source [SID1234631973]). INSIGHT-003 is the first study evaluating eftilagimod alpha ("efti"), a soluble LAG-3 protein and MHC Class II agonist, in conjunction with standard-of-care anti-PD-1 therapy and doublet chemotherapy (carboplatin/pemetrexed).

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The triple combination therapy remains well-tolerated and continues to show promising initial efficacy signals attaining a 67% overall response rate (ORR) and 91% disease control rate (DCR) in advanced or metastatic non-squamous 1st line non-small cell lung cancer patients (N=21). Notably, 81% (17/21) of patients had a PD-L1 Tumor Proportion Score (TPS) of <50%, who are less responsive to anti-PD-1 based therapy compared with PD-L1 high expressing patients.

The 67% ORR regardless of PD-L1 expression and 65% response rate in patients with PD-L1 TPS <50% for the triple combination compare favourably to reported results from a registrational trial of anti-PD-1 and doublet chemotherapy in the same patient population that yielded an ORR of 48% regardless of PD-L1 expression and a response rate of 40.8% in patients with PD-L1 TPS <50%.

Immutep CSO, Dr. Frédéric Triebel, said: "Immutep has made significant progress with our late-stage development planning to treat one of the largest cancer indications globally. We are uniquely positioned to address PD-L1 low (TPS 1-49%) and high (TPS >50%) expressing patients, representing roughly 65% of the non-small cell lung cancer patient population, with powerful chemo-free IO-IO approaches, and potentially the entire patient population when including the IO-IO-chemo combination being tested in INSIGHT-003. Powering both options is eftilagimod alpha, the only MHC Class II agonist in clinical development, safely generating a broad immune response to fight cancer."

Patients with high, low, and negative PD-L1 expression represent approximately 30%, 35%, and 35%, respectively, of the 1st line non-small cell lung cancer (1L NSCLC) patient population. Low and negative PD-L1 expressors (patients with a PD-L1 TPS of 1-49% and <1%) are less responsive to anti-PD-(L)1 therapy compared to patients with high levels or PD-L1 TPS of ≥50%.

Unlike many immuno-oncology combinations (IO-IO) that focus on high PD-L1 expressing patients, compelling clinical results to date from the TACTI-002 Phase II trial suggest that efti may be uniquely positioned to effectively address low and high PD-L1 expressors (~65% of 1L NSCLC patient population) through chemo-free IO-IO combinations, and potentially the entire NSCLC patient population, regardless of PD-L1 expression, when adding the IO-IO-chemo triple combination.

Prof. Dr. Salah-Eddin Al-Batran of the Institute of Clinical Cancer Research IKF and lead investigator noted: "These initial results are supportive of efti’s synergies with both anti-PD-1 therapy and chemotherapy in the clinical setting, and we are pleased with the data to date from this novel IO-IO-chemo combination. Efti’s ability to safely engage such a robust immune response for cancer patients via MHC Class II agonism is truly unique, and we look forward to providing more data from this triple combination therapy at a major medical conference this year."

The INSIGHT-003 trial was recently expanded to enroll 50 patients across multiple sites based on the favourable safety and efficacy results, and additional data is expected to be presented at a major medical conference in H2 CY2023.

About INSIGHT-003
INSIGHT-003 is an investigator-initiated study conducted by the Institute of Clinical Cancer Research IKF. It is being run as the third arm (Stratum C) of the ongoing Phase I INSIGHT trial with Prof. Dr. Salah-Eddin Al-Batran as lead investigator. The study is evaluating a triple combination therapy in front line non-small cell lung cancer patients consisting of efti administered subcutaneously in conjunction with an existing approved standard-of-care combination of anti-PD-1 therapy (pembrolizumab) and chemotherapy (carboplatin and pemetrexed) delivered intravenously. The trial will assess the safety, tolerability, and initial efficacy of the combination.

About Eftilagimod Alpha (Efti)

Efti is Immutep’s proprietary soluble LAG-3 protein and MHC Class II agonist that stimulates both innate and adaptive immunity for the treatment of cancer. As a first-in-class antigen presenting cell (APC) activator, efti binds to MHC (major histocompatibility complex) Class II molecules on APC leading to activation and proliferation of CD8+ cytotoxic T cells, CD4+ helper T cells, dendritic cells, NK cells, and monocytes. It also upregulates the expression of key biological molecules like IFN-ƴ and CXCL10 that further boost the immune system’s ability to fight cancer.

Efti is under evaluation for a variety of solid tumours including non-small cell lung cancer (NSCLC), head and neck squamous cell carcinoma (HNSCC), and metastatic breast cancer. Its favourable safety profile enables various combinations, including with anti-PD-[L]1 immunotherapy and/or chemotherapy. Efti has received Fast Track Designation in 1st line HNSCC and in 1st line NSCLC from the United States Food and Drug Administration (FDA).

Clarity’s theranostic prostate cancer trial advances to cohort 2

On May 23, 2023 Clarity Pharmaceuticals (ASX: CU6) ("Clarity", "the Company"), a clinical stage radiopharmaceutical company with a mission to develop next-generation products that improve treatment outcomes for children and adults with cancer, reported the completion of cohort 1 and advancement to cohort 2 in the therapeutic phase of its Phase I/II theranostic trial, SECuRE, evaluating 64Cu/67Cu SAR-bisPSMA in patients with mCRPC (Press release, Clarity Pharmaceuticals, MAY 24, 2023, View Source [SID1234631954]).

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The SECuRE trial (NCT04868604)1 is a Phase I/IIa theranostic trial for identification and treatment of Prostate-Specific Membrane Antigen (PSMA) expressing mCRPC using Targeted Copper Theranostics (TCTs). 64Cu SAR-bisPSMA is used to visualise PSMA expressing lesions and select candidates for subsequent 67Cu SAR-bisPSMA therapy. The trial is a multi-centre, single arm, dose escalation trial with a cohort expansion involving up to 44 patients in the US. The aim of this trial is to determine the safety and efficacy of 67Cu SAR-bisPSMA for the treatment of prostate cancer.

The first cohort of the dose escalation, where 6 participants received a single administration of 4GBq of 67Cu SAR-bisPSMA, has been completed. The SRC, responsible for assessing safety of participants and overseeing the general progress of the trial, has assessed the data and recommended progressing the trial to cohort 2, increasing the dose to 8GBq. No DLTs have been reported in any of the patients dosed to date.

Outside of the trial, therapy cycles of 67Cu SAR-bisPSMA have also been requested by clinicians under the FDA EAP for patients who participated in cohort 1, and data from the EAP continues to be generated.

SPECT-CT images depicted below were collected 48 hours after the first and third administrations of 67Cu SAR-bisPSMA in a patient in the EAP. PET-CT images using 64Cu SAR-bisPSMA were collected prior to therapy. Images collected 48 hours following the third therapy cycle demonstrate a reduction in the intensity of product uptake at the tumour sites. A reduction of greater than 50% in PSA levels was observed in this patient following the first administration of 4GBq of 67Cu-SAR-bisPSMA. PSA decline of 50% or greater is one of the primary endpoints of the SECuRE trial and a commonly used surrogate endpoint for efficacy in this patient population.

Dr Luke Nordquist, CEO, Urologic Medical Oncologist and Principal Investigator at the Urology Cancer Center / XCancer Omaha, NE, commented, "We are excited to have successfully completed the first cohort of the SECuRE trial. We have not seen any safety issues in the patients treated so far and are already seeing clinical benefits in some patients. Outside of reductions in PSA levels and changes in tumour imaging, we have seen an improvement in quality-of-life measures such as reduction in pain and return of appetite and physical exercise. It is fantastic to see benefits at the lowest dose level, and we look forward to progressing to cohort 2 and increasing the dose of 67Cu SAR-bisPSMA."

Clarity’s Executive Chairperson, Dr Alan Taylor, commented, "For this product, we went back to the drawing board. We saw the limitations of first-generation PSMA agents, with single PSMA targeting molecules, including low uptake in tumours and poor retention over time. Utilising two PSMA targeting molecules in our optimised agent, bisPSMA, and the TCT platform, we have observed two to three times the uptake of product in tumours so far in pre-clinical and clinical development and saw retention in the tumours out to 96 hours. We are excited by the results of this innovation seen to date as we work towards developing best-in-class products across both diagnostic and therapeutic applications.

"Prostate cancer is one of the largest oncology indications worldwide and based on our estimates, represents a US$5-10 billion therapy market. Radiopharmaceuticals are expected to play an increasingly important role in the management of patients with prostate cancer, however, challenges associated with the current generation of products prevail. The most recent example is a supply disruption associated with the roll-out of Novartis’ US FDA-approved Pluvicto (lutetium Lu 177 vipivotide tetraxetan). Despite the significant demand from patients and the product’s strong initial sales, with US$211 million in revenue achieved in the first quarter of 2023, Novartis is unable to meet the demand. Manufacturing challenges have crippled the rollout and added to the suffering of patients and their families. Furthermore, reliance on a small number of ageing nuclear reactors to produce lutetium-177 also jeopardises expansion into other cancer indications and undermines the confidence of clinicians and their patients in radiopharmaceuticals.

"Clarity’s TCT platform represents the next-generation platform in radiopharmaceuticals to improve treatment outcomes for children and adults with cancer as well as resolve the supply and manufacturing issues associated with the first generation of products. Because of these characteristics, TCTs are ideally positioned to enable the field to expand into the oncology market, addressing large indications such as prostate cancer and beyond. Our therapeutic products are based on copper-67, a radioisotope produced on electron accelerators, which are relatively inexpensive and infinitely more scalable in comparison to nuclear reactors. TCTs also do not require heating during the manufacturing process, minimising quality concerns and making it less costly to manufacture. Production of TCTs has favourable environmental characteristics in comparison to the current generation of theranostics, with a smaller logistical footprint and minimal radioactive waste disposal issues. In a field with too many unforeseen product outages, TCTs enable a reliable and sustainable supply of radiopharmaceuticals.

"Given the myriad of logistical and manufacturing advantages of TCTs, we are committed to completing our clinical trials and bringing this next generation of radiopharmaceuticals to patients around the world."

About SAR-bisPSMA
SAR-bisPSMA derives its name from the word "bis", which reflects a novel approach of connecting two PSMA binding motifs to Clarity’s proprietary sarcophagene (SAR) technology that securely holds copper isotopes inside a cage-like structure, called a chelator. Unlike other commercially available chelators, the SAR technology prevents copper leakage into the body. SAR-bisPSMA is a TCT that can be used with isotopes of copper-64 (Cu-64 or 64Cu) for imaging and copper-67 (Cu-67 or 67Cu) for therapy.

64Cu SAR-bisPSMA and 67Cu SAR-bisPSMA are unregistered products. Individual results may not represent the overall safety and efficacy of the products. The data outlined in this announcement has not been assessed by health authorities such as the FDA. A clinical development program is currently underway to assess the efficacy and safety of these products. There is no guarantee that these products will become commercially available.

About Prostate Cancer
Prostate cancer is the second most common cancer diagnosed in men globally and the fifth leading cause of cancer death worldwide2. The American Cancer Institute estimates in 2023 there will be 288,300 new cases of prostate cancer in the US and around 34,700 deaths from the disease.

Larkspur Biosciences Launches with $35.5 Million in Financing to Build the Next Precision Immunotherapies to Outsmart Cancer

On May 23, 2023 Larkspur Biosciences, a biotechnology company building the next precision immunotherapies to outsmart cancer, reported it launched with $35.5 million in combined seed and Series A financing (Press release, Larkspur Biosciences, MAY 23, 2023, View Source [SID1234633155]). Larkspur’s approach targets the unique ways that tumors hijack the immune system. Building on the work of Larkspur founders Drs. Lewis Cantley, Nathanael Gray, and Vijay K. Kuchroo, the company is focusing on bottlenecks that tumors use to subvert the immune system in order to develop precision immunotherapies for molecularly defined patient populations. Larkspur’s initial strategy addresses a genetically- and immunologically-characterized subtype of colorectal cancer (CRC). These patients have T cells at the tumor and can be identified via biopsy, making them a prime population for proof-of-concept for the company’s precision immunotherapy strategies.

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The financing was led by the Polaris Innovation Fund, 3E Bioventures Capital, and Takeda Ventures, Inc., and included Creacion Ventures, Med-Fine Capital and Cornell University. The financing will enable the company to focus on IND-enabling studies for its lead program, a cutting-edge approach to lipid remodeling to uncloak tumors as well as furthering the ongoing preclinical studies for its first-in-class program targeting Pin1, a key mechanism of fibroblast differentiation to activate immune cells. Larkspur’s discovery platform, LarkX, leverages patient genetics and immune phenotypes to fuel its pipeline and partnerships.

"The development of cancer immunotherapies has transformed the treatment of cancers, and in many cases is now the standard of care. Yet there are many patients who do not respond to, or relapse on, existing immunotherapies," said Catherine Sabatos-Peyton, PhD, Chief Executive Officer of Larkspur. "Tumors create multiple barriers that can suppress a robust immune response. Larkspur was founded to outsmart these bottlenecks and develop new precision medicines to treat significant unmet needs for people with cancer."

Larkspur’s approach is based on transformative discoveries made in the academic labs of leading researchers in cancer cell biology, biochemistry, and immunology. LarkX, the company’s proprietary platform, leverages patient genetics and immune phenotypes, applying bioinformatics and complex in vitro models to discover critical immune barriers. Armed with insights into evasion signatures that can be shared by different cancer indications, LarkX offers the opportunity to address multiple types of cancer.

"First and foremost, we were attracted to Larkspur because of its leadership team. They have what it takes to transform a fresh and important perspective on cancer immunity into reality," said Amy Schulman, Managing Partner at Polaris Partners and Chair of Larkspur’s Board of Directors. "The breadth of its platform is an additional anchor that attracted us to the company, and it’s a bonus to lend support to this all-female leadership team."

Leadership and Founding Team
The founders’ discoveries of precision targets in autoimmunity and cancer therapy drove Larkspur’s formation. The founders, Lewis Cantley, PhD, Nathanael Gray, PhD, and Vijay K. Kuchroo, DVM, PhD, are world-class scientists and successful company builders. Each founder brings expertise such that their distinctive collaboration decodes the cancer immune interface in a unique way, forming the foundation of Larkspur’s approach.

Larkspur itself is led by a seasoned team with a track record of developing clinical assets and target discovery platforms. In addition to Sabatos-Peyton, the leadership team includes Krista Goodman, PhD, Chief Scientific Officer, and Emily Corse, PhD, Executive Vice President, Biology & Translation.

Larkspur’s Board of Directors includes Chair Amy Schulman (Polaris Innovation Fund), Sabatos-Peyton, Frank Yan (3E Bioventures Capital), Sacha Mann (Takeda Ventures, Inc.), and Larkspur founder Nathanael Gray, along with observers Alexandra Cantley (Polaris), Wei Li (Creacion Ventures), and Daniel Hu (Med-Fine Capital).