Biomissile closed Series B fundraising of ¥200M (CNY) to advance its UDABTM and UDAB-MTM therapeutic pipeline

On May 17, 2023 Biomissile, a biotech company developing fully human domain antibody (UDABTM) and multi-specific antibody (UDAB-MTM) reported the successful completion of a ¥200M (CNY) Series B fundraising (Press release, Biomissile, MAY 17, 2023, View Source;article_category_id=1&article_id=16 [SID1234644276]). Proceeds from the financing will be used to advance the company’s UDAB-MTM based therapeutic pipeline, and further extend its scientific and technical leadership. Series B financing was led by Kequan Fund, along with continued support by existing investor, Fosun Health Capital.

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Panolos, a new anti-cancer drug ‘PB101’ begins human trials

On May 17, 2023 Panolos Biosciences reported that the company has initiated the first human clinical trials for its anti-cancer drug, ‘PB101’, which targets all variants of vascular endothelial growth factor (VEGF) (Press release, Panolos Bioscience, MAY 17, 2023, View Source [SID1234633692]). This event marks a significant milestone as no drug has so far been introduced that entirely blocks placental growth factor (PlGF) within the VEGF family. The move is expected to revolutionize the field of cancer treatment. The Ministry of Food and Drug Safety (MFDS) has given the go-ahead for the phase 1 clinical trial plan (IND) for ‘PB101’ as of May 15. This comes after Panolos submitted an IND to the MFDS in the latter part of last year.

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Cancer cells generate abnormal blood vessels around them by secreting angiogenic factors to derive the necessary nutrients for survival. VEGF-A (vascular endothelial generating factor A) is one such angiogenic factor that facilitates angiogenesis by binding with VEGF receptors. However, unstable blood vessels around cancer cells can undermine the effectiveness of intravenous anti-cancer drugs. Strategies like angiogenesis inhibition, as seen with Roche’s ‘Avastin’, have been formulated. Nonetheless, Avastin, while blocking VEGF-A, crucial for placental formation, could induce the expression of Placental Growth Factor (PlGF) in cancer cells, indicating a potential adverse prognosis for cancer patients.

‘PB101’, a new anti-cancer drug candidate, seeks to enhance treatment efficacy by inhibiting all types of VEGF, including VEGF-A and PlGF. This drug was developed by Panolos in collaboration with numerous experts including Professor Hong Jae Chon and Chan Kim of the Department of Hematology and Oncology at CHA University Bundang Medical Center.

The company reveals that ‘PB101’ is a protein about two-thirds the size of a typical antibody and is capable of binding to both VEGF-A and PlGF. It contains fragments of the Fc (Fragment crystallizable) region, allowing it to remain in the body for an extended duration. The drug primarily comprises two sections, including the VEGF receptor 1 (VEGFR1), which can yield therapeutic effects. Panolos anticipates that ‘PB101’ will set itself apart due to its higher PlGF binding capability compared to existing drugs.

The phase 1 clinical trial approved by the MFDS is a dosage extension and expansion study. It aims to assess the safety, tolerability, pharmacokinetic/pharmacodynamic properties, and preliminary anti-tumor activity of PB101 in patients with advanced solid cancer. The study is being conducted at three locations: the CHA University Bundang Medical Center, The Catholic University of Korea Seoul St. Mary’s Hospital, and the Seoul National University Bundang Hospital.

Siren Biotechnology Unveils Preclinical Data for Universal AAV Immuno-Gene Therapy™ for Cancer, a Novel Modality that Combines AAV Gene Therapy and Cytokine Immunotherapy

On May 17, 2023 Siren Biotechnology reported the presentation of preclinical data demonstrating the effect of a novel treatment for cancer, Universal AAV Immuno-Gene Therapy, which combines AAV gene therapy and cytokine immunotherapy into a single modality (Press release, Siren Biotechnology, MAY 17, 2023, View Source [SID1234632787]). The oral presentation titled, "AAV immuno-gene therapy delivers vectorized cytokines to effectively treat high-grade gliomas," will be given by renowned AAV gene therapy expert and Siren’s Founder and Chief Executive Officer, Nicole Paulk, PhD, at 3:45pm PT at the ASGCT (Free ASGCT Whitepaper) 26th Annual Meeting, taking place in Los Angeles, May 16-20th. Dr. Paulk will describe how this precise and highly targeted approach represents a novel method for destroying tumor cells and eliciting anti-tumor immunity. Link here to review Siren’s ASGCT (Free ASGCT Whitepaper) abstract and here to review the company’s launch press release also issued this morning.

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The Siren team conducted several experiments to evaluate the safety and efficacy of an immuno-gene therapy that utilizes AAV9 vectors expressing 12 different engineered immunomodulatory interferon (IFN) cytokine payloads comprising IFNɑ1, IFNβ, IFNƔ, and combinations thereof.

In primary human high-grade glioma (HGG) organoids, Siren’s AAV immuno-gene therapies rapidly and selectively reduced tumor size. In comparison, phosphate buffered saline, dimethyl sulfoxide diluent, and AAV9-GFP (green fluorescent protein) had no effect on tumor or healthy cerebral cells in HGG organoids, and HGG tumor cells grew uncontrollably. Temozolomide chemotherapy, the current standard of care for HGG, significantly decimated healthy cerebral cells and only slightly delayed HGG tumor growth.
In vivo data demonstrated that AAV immuno-gene therapies effectively reduced tumor burden in three HGG mouse models that received intratumoral administration of the cytokine payloads via convection-enhanced delivery (CED). Treatment with AAV immuno-gene therapies resulted in tumor regression and significantly prolonged survival in human GBM6 xenografts (P<0.2-0.001 and 31 – 60% complete responses (CRs)); mouse GL261 allografts (P<0.0009); and human patient-derived xenografts (P<0.04; 30% CR); n=450.
An evaluation of tumor-bearing mouse brains demonstrated marked tumor changes following treatment with AAV immuno-gene therapies. Within 48 hours following treatment, local intratumoral expression of Siren’s engineered IFNs had already led to widespread tumor cell apoptosis, and activation of brain-resident macrophages known as microglia, a class of antigen-presenting immune cells that specialize in clearing necrotic and apoptotic cells. By Day 7, there was reproducible tumor eradication, no evidence of residual proliferating cells, no remaining engineered cytokine payload expression, and only residual microglial activity.
Subsequent single cell sequencing on syngeneic mouse brain tumors following AAV immuno-gene therapy treatment showed that tumor cells exhibited a significant upregulation of genes linked to IFN responses, as well as other classic immune response genes. These responses were specific to IFN payload expression and not AAV.
"We’re excited to present these potentially transformative data as we simultaneously introduce Universal AAV Immuno-Gene Therapy and Siren Biotechnology," said Dr. Paulk. "This novel approach represents a new, big, bold idea to fight cancer by combining the potential of AAV gene therapy and cytokine immunotherapy into a single modality. Our vision is for Universal AAV Immuno-Gene Therapy to become the standard of care for any solid tumor cancer. Bolstered by the results shared today at ASGCT (Free ASGCT Whitepaper), we’ve started our vision-led journey with an initial focus on brain and eye cancers. Attempts to treat these cancers with systemic drugs have largely failed. The unmet need for these patients is dire, and our opportunity to help is massive."

Siren Biotechnology Launches to Pioneer Universal AAV Immuno-Gene Therapy™ for Cancer

On May 17, 2023 Siren Biotechnology, pioneers of Universal AAV Immuno-Gene Therapy, a revolutionary new treatment modality for cancer, reported that it launched out of stealth concurrent with its first preclinical data presentation at the ASGCT (Free ASGCT Whitepaper) 26th Annual Meeting, taking place in Los Angeles, May 16-20th (Press release, Siren Biotechnology, MAY 17, 2023, View Source [SID1234632786]). Siren’s Universal AAV Immuno-Gene Therapy combines the promise of two transformative therapeutic technologies, AAV gene therapy and cytokine immunotherapy, into a single modality that is poised to redefine how tumor cells are destroyed and anti-tumor immunity is elicited. The company’s name was inspired by the powerful signal Universal AAV Immuno-Gene Therapy sends to the immune system, stimulating an immediate and comprehensive anti-tumor response. Link here for press release about Siren’s ASGCT (Free ASGCT Whitepaper) presentation and preclinical data.

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"The world needs big, bold, new ideas to fight cancer, and Universal AAV Immuno-Gene Therapy is exactly that. Our design and engineering of this modality redefines both AAV gene therapy and cytokine immunotherapy, and in doing so, changes the game for cancer treatment," said Nicole Paulk, PhD, Founder and Chief Executive Officer of Siren. "This is the first AAV gene therapy for cancer and the first AAV gene therapy that is universal, meaning we can make it once and use it for numerous indications. This represents a huge leap forward for the AAV gene therapy field. We’re thrilled to officially launch Siren today and kick off that introduction with exciting preclinical, proof-of-platform data."

"Unlike most ‘novel’ therapeutics in the biotech industry, Siren’s Universal AAV Immuno-Gene Therapy lives up to the adjective. Not only is there breakthrough therapeutic potential but Siren’s universal design can shorten clinical development and manufacturing timelines, and finally unlocks the possibility of helping patient populations on a larger scale than ever before in AAV gene therapy," said Scott Nolan, Partner at Founders Fund.

Siren is a spin-out of the Paulk Lab at the University of California, San Francisco (UCSF), with initial funding led by Founders Fund and Lux Capital with participation from Innovation Endeavors, TechBio-focused ARTIS Ventures, Civilization Ventures, Savantus Ventures and others. A world-renowned expert in AAV gene therapy, Dr. Paulk sits on the Scientific Advisory Boards of and consults for multiple public and privately held AAV gene therapy companies. Since leaving her faculty role at UCSF to found Siren, Dr. Paulk has assembled a team of world-class scientific and industry advisors with deep leadership and expertise in clinical oncology, immunobiology, AAV engineering, viral production and manufacturing, and regulatory affairs, to work alongside the growing Siren internal team.

Siren’s Scientific Advisory Board and industry advisors include Beverly Davidson, PhD, AAV engineering expert, Children’s Hospital of Philadelphia, and Co-Founder of Spark Therapeutics; Kaye Spratt, PhD, AAV regulatory expert, and former Chief Regulatory Officer for BridgeBio Gene Therapy; Susan Kaech, PhD, brain tumor immunobiology expert, Salk Institute; Carolina Lopéz, PhD, fragmented viral genome immunogenicity expert, Washington University in St. Louis; as well as Sharon Tetlow, MBA, financial expert who has deep experience with biotech IPOs. Full bios for the Siren team and advisors are available at sirenbiotechnology.com.

Dr. Paulk described how Universal AAV Immuno-Gene Therapy overcomes key challenges that have prevented cytokine immunotherapy from realizing its cancer-fighting potential to date: "Cytokine immunotherapy has been limited by several challenges, including cytokines’ profoundly short half-lives, toxicity associated with high-dose systemic administration, and off-target effects of non-specific cytokines. Merging the exquisite functionality of AAV gene therapy with the power of immunotherapy opens up a whole new world of possibilities to fight cancer. We enable long-term, steady, and controllable cytokine expression. We use self-limiting AAV genomes to deliver cytokines directly and only to the tumor. We ensure cytokine production directly in the local tumor microenvironment. It’s an elegant, multidimensional scientific and therapeutic solution."

Brain and eye tumors are Siren’s first therapeutic areas of focus on its journey to re-invent solid tumor cancer therapy.

"We’re extremely impressed with the preclinical data in high-grade glioma that Siren is presenting publicly at ASGCT (Free ASGCT Whitepaper) and are thrilled to be backing them. Brain and eye cancers, Siren’s initial focus areas, are devastating diseases with limited treatment options and have proven challenging to drug safely and effectively," said Shaq Vayda, Principal at Lux Capital. "Siren’s approach is ideally suited to address the numerous hurdles that have plagued therapeutic efforts against these notoriously difficult-to-treat cancers. Siren’s off-the-shelf platform and universal design will enable them to rapidly build a pipeline of drugs for multiple brain and eye cancer indications and, ultimately, expand to other solid tumor cancers."

About Siren’s Universal AAV Immuno-Gene Therapy’s MOA and Safety Strategies
Siren’s novel modality is designed to deliver a swift, precise, and comprehensive attack on cancer by:

Delivering vectorized, engineered cytokines directly to the tumor. Siren’s local gene therapy is precisely infused into the tumor, avoiding healthy cells.
Rapidly killing tumor cells via endogenous targeted cytokine expression. Siren’s therapy destroys tumor cells in both resected and unresected tumors, including lingering tumor cells that are the primary culprit for recurrence in many cancers.
Supercharging the innate immune response via cytokine expression. Release of inflammatory cytokines from the infusion site activates the innate immune response by activating local macrophages and recruiting natural killer cells.
Activating the adaptive immune response via antigen release. Release of tumor and AAV capsid antigens from the dying tumor can activate an adaptive immune response by recruiting cytotoxic T lymphocytes.
Universal AAV Immuno-Gene Therapy is engineered with multiple layers of control to ensure unparalleled safety and differentiate this approach from other cytokine immunotherapy and AAV gene therapy approaches. These include self-limiting payload activity, an immunologically optimized AAV genome to limit non-specific immune system activation, and built-for-purpose vector integrity optimization.

Myeloma Investment Fund Invests in Nectin Therapeutics to Evaluate Nectin’s Anti-PVR Lead Drug Candidate as a Treatment for Multiple Myeloma

On May 17, 2023 Nectin Therapeutics, a biotechnology company developing novel targeted immunotherapies to address tumor immune resistance, and the Myeloma Investment Fund (MIF), the Multiple Myeloma Research Foundation’s (MMRF) venture philanthropy subsidiary, reported that the MIF has invested in Nectin Therapeutics to explore the potential of NTX1088, Nectin’s first-in-class lead immunotherapy drug candidate, for the treatment of multiple myeloma (Press release, Nectin Therapeutics, MAY 17, 2023, View Source [SID1234631832]).

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"We look forward to our partnership with Nectin Therapeutics to evaluate NTX1088 as a potential therapy for multiple myeloma," said Michael Andreini, President and Chief Executive Officer of the Multiple Myeloma Research Foundation. "The MIF is committed to identifying and accelerating the most innovative treatment approaches for myeloma patients. We are pleased to support this first-in-class antibody targeting PVR based on the potential to overcome immune evasion and enhance the immune system’s response against myeloma."

"We are delighted to join forces with the Myeloma Investment Fund, allowing us to collaborate and explore the potential of our lead candidate, NTX1088, in the treatment of multiple myeloma," said Fabian Tenenbaum, Chief Executive Officer of Nectin. "NTX1088 is currently being studied in patients with advanced and metastatic solid tumors, and we look forward to working closely with the MIF to uncover the role that PVR blockade may serve in addressing the unmet needs of myeloma patients."

Together with the MIF’s investment, Nectin has raised over $33M supported by investments from aMoon, Peregrine Ventures, Israel Biotech Fund, Cancer Focus Fund and Integra Holdings.