Defence’s Broad and Versatile Accum® Technology Platform Focus on Cancer Therapeutics

On September 12, 2023 Defence Therapeutics Inc. ("Defence" or the "Company"), one of the leading Canadian biotechnology companies, reported its continuation to bringing innovative strategies aimed at targeting various indications related to immune-oncology (Press release, Defence Therapeutics, SEP 12, 2023, View Source;utm_medium=rss&utm_campaign=defences-broad-and-versatile-accum-technology-platform-focus-on-cancer-therapeutics [SID1234635100]).

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Whether using an antibody, cell-based vaccine or small molecule therapeutics, the common denominator in all of Defence’s development products is the Accum technology, a platform specifically designed to strategically enhance and increase the efficacy of any existing bio-drug against cancer. This Accum technology can be exploited to design a multitude of products including: i) antibody-drug conjugates ("ADCs"), ii) protein/cellular vaccines, and iii) the design of anti-cancer small chemotypes.

The Accum-ADC program

ADCs were originally made to target breast cancer. The treatment regimens used with these ADCs usually require large doses, while the therapeutic response is limited or weak. By bio-conjugating ADCs with Accum, Defence has demonstrated improved potency of commercially available ADCs by 20 to 100 folds. Although Defence is using this approach to optimize commercially available ADCs such as Enhertu, the company is actively working on developing two in-house ADCs using its own proprietary monoclonal antibodies targeting two tumor-specific cell surface proteins and payloads. In addition, Defence is partnering with Orano, a world-renowned multinational company, to develop the next-generation radio-immunoconjugates using Defence’s intracellular targeting Accum technology to provide distinctive best-in-class ADC therapies.

Protein- and cell-based vaccines targeting cancer

Although ADCs represent great tools to directly attack and kill cancer cells, they are ideal against a hand-full types of cancer and lack the ability to trigger a long-lasting memory response. This forms the basis of Defence’s vaccine program. Defence engineered and tested a dual acting vaccine targeting cervical cancer. In this context, the term "dual" refers to the vaccine ability to protect and/or treat established cervical (or head and neck – also induced by HPV) cancer. This protein-based vaccine is based on the use of a single protein (in contrast to a mix of 9 viral-derived capsid proteins). In preclinical models, Defence demonstrated that the vaccine synergises with various immune-checkpoint blockers resulting in survival rate between 70 and 100%. With the completion of all GLP studies, Defence is actively working to manufacture the vaccine to initiate a Phase I clinical trial against head and neck cancer in 2024, either by itself or in partnership.

Another successful Defence’s vaccine example demonstrating yet again the versatility of the Accum technology is the design of the ARM vaccine, relying on the use of a type of stem cell pharmacologically re-programmed to behave as antigen presenting cells. The use of this universal off-the shelf vaccine has shown impressive cure rates (80-100%) in solid T-cell lymphoma and melanoma models. In parallel to its manufacturing for Phase I clinical trial targeted in Q1 of 2024, Defence is currently testing the vaccine against two hard-to-treat diseases: pancreatic and ovarian cancer. What makes the ARM vaccine special could be summarized in twofold: i) its impressive therapeutic potency, and ii) its adaptability to treat any solid or liquid tumor given granted access to patients-tumor samples.

The AccuTOXTM program: a new line of anti-cancer therapeutics

Although the goal of using Accum has been mostly to improve biomolecules accumulation in target cells, the Defence team discovered that delivery of unconjugated Accum or its derivatives can exert potent anti-cancer properties. This observation gave rise to the AccuTOXTM moiety, a lead Accum variant capable of halting pre-established lymphoma, melanoma and cervical cancer when give with different immune-checkpoint blockers. More specifically, the AccuTOXTM was shown to cause DNA damage and trigger a form of immunogenic cell death capable of activating the immune system in parallel. AccuTOXTM destroys tumor cells from the inside-out and stimulate an immune response to protect the host from subsequent tumor re-growth. With manufacturing fully completed, IND filling is expected in Q4 of 2023 to start a Phase I clinical trial against a basket of solid tumors at City of Hope National Medical Center and Beckman Research Institute.

Accum Drug the Undruggable

Defence Therapeutics is on the verge of very important inflection points. Its pipeline is well positioned to prevent cancer and/or enhance the efficacy of any bio-drug designed to target cancer. With all these products and an active program on mRNA cancer vaccines, Defence is in a strong position to truly make a difference in helping reduce cancer death rate. Defence is focussing and dedicating its leadership against one of the biggest enemies of humanity: cancer.

According Market.us, the global oncology market recorded a valuation of USD 208 billion in 2022 and is expected to reach USD 628 billion by the end of 2032, expanding at a CAGR of 12% over the decade.

Collaboration between CYTEA

On September 12, 2023 CYTEA|BIO, reported its collaboration with EFS Besançon (PIBT) and Bionoveo (Press release, CYTEA BIO, SEP 12, 2023, View Source [SID1234635099]). This partnership is aimed at propelling the development and manufacturing of our state-of-the-art cell therapy products. These groundbreaking therapies signify a novel category of medical progress, harnessing the potential of allogeneic natural killer (NK) cells sourced from human umbilical cord blood (UCB) armed with a chosen monoclonal antibody (mAb), expertly designed with a high-affinity Fc region.

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Alan Cookson, the CEO of CYTEA|BIO, remarked, "Through this collaboration, our commitment lies in advancing the realm of cell therapy and addressing a pressing, unmet medical necessity for patients grappling with glioblastoma. At the forefront of our inaugural clinical trial stands our flagship product, CYT-102, holding the promise of enhanced treatment outcomes and renewed hope."

This collaboration marks a milestone where expertise converges, aspirations align, and medical innovation takes center stage. Together, we are venturing into uncharted territories, guided by our dedication to scientific excellence and patient well-being. The synergy between CYTEA|BIO, EFS Besançon, and Bionoveo resonates with the potential to redefine medical standards and reinvigorate the lives of countless individuals.

As we embark on this remarkable journey, the path ahead may present challenges, yet it is illuminated by the prospect of reshaping the landscape of healthcare. Through relentless determination and collaborative spirit, we strive to make a lasting impact. The core of our endeavor remains rooted in compassion, guided by purpose, and driven by a commitment to improving lives. The future is promising, and we are poised to drive positive change.

Curis Announces Date for the 2nd Symposium on IRAK4 in Cancer

On September 12, 2023 Curis, Inc. (NASDAQ: CRIS), a biotechnology company focused on the development of emavusertib, an orally available, small molecule IRAK4 inhibitor for the treatment of hematologic malignancies, reported the 2nd Symposium on IRAK4 in Cancer taking place virtually on September 22, 9:00am-1:00pm ET (Press release, Curis, SEP 12, 2023, View Source [SID1234635098]).

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Hosted by Dr. Guillermo Garcia-Manero and Dr. Eric Winer, this symposium will focus on IRAK4, a key protein in the innate immune response and an emerging target in the treatment of hematologic malignancies and solid tumors. Experts across academia and industry will discuss IRAK4’s biological and immunological roles as well as the promising role of targeting IRAK4 in cancer therapeutics.

"Following the success of last year’s symposium on IRAK4 in cancer, Curis is pleased to continue its sponsorship of the Annual IRAK4 Symposium," said James Dentzer, President, and Chief Executive Officer of Curis. "As a leader in IRAK4 inhibition in oncology with emavusertib, we are honored to provide a forum for discussing the biology of the IRAK4 pathway and IRAK4 inhibition in the research and development of therapies to benefit patients living with cancer."

Symposium hosts:

Guillermo Garcia-Manero, M.D. – Symposium Co-Chair – Professor, Department of Leukemia; Chief, Section of Myelodysplastic Syndromes and Deputy Chair, Translational Research, Department of Leukemia, Division of Cancer Medicine, The University of Texas MD Anderson Cancer Center
Eric Winer, M.D. – Symposium Co-Chair – Clinical Director, Adult Leukemia Institute Physician, Dana-Farber Cancer Institute; Assistant Professor of Medicine, Harvard Medical School
Joining our hosts will be the following speakers and participants:

Omar Abdel-Wahab, M.D. – Edward P. Evans Chair in MDS, Director, Memorial Sloan Kettering Cancer Center (MSK) for Hematologic Malignancies; Member, Human Oncology and Pathogenesis Program & Leukemia Service
Claudio Cerchione, M.D., Ph.D. – Hematologist, Istituto Scientifico Romagnolo per lo Studio e la Cura dei Tumori (IRST) IRCCS
Bentley Doonan, M.D., M.S. – Assistant Professor, Division of Hematology & Oncology, University of Florida College of Medicine
Matthew Galsky, M.D. – Professor of Medicine (Hematology and Medical Oncology), Director of Genitourinary Medical Oncology, Co-Director of the Center of Excellence for Bladder Cancer, Associate Director for Translational Research, Tisch Cancer institute
Christian Grommes, M.D. – Associate Professor of Neurology, Weill Cornell Medical College; Assistant Professor of Neuroscience, Brain and Mind Research Institute, Weill Cornell Medical College; Neuro-oncologist, Memorial Sloan-Kettering Cancer Center
Kian-Huat Lim, M.D., Ph.D. – Associate Professor, Division of Oncology, Department of Medicine, Washington University School of Medicine in St. Louis
Daniel Starczynowski, Ph.D. – Institute Associate Director for Basic Science Research, University of Cincinnati Cancer Center; Co-Chief Scientific Officer, Innovations Ventures; Katherine Stewart Waters Endowed Chair of Hematologic Malignancies, Professor in Pediatrics, Co-Leader, Hematologic Malignancies Program, Cincinnati Children’s Hospital
Richard Stone, M.D. – Chief of Staff, Dana-Farber Cancer Institute; Director of Translational Research, Adult Acute Leukemia Program, Dana-Farber Cancer Institute; Professor of Medicine, Harvard Medical School
Amit Verma, M.B.B.S. – Professor, Department of Oncology (Medical Oncology), Department of Medicine (Oncology & Hematology), and Department of Developmental & Molecular Biology, Albert Einstein College of Medicine; Director, Division of Hemato-Oncology, Montefiore Department of Oncology; Associate Director, Translational Science, Montefiore Einstein Cancer Center; Co-Director, Montefiore Einstein Blood Cancer Institute
The virtual event will address topics including the biology of the IRAK4 pathway and the potential of IRAK4 inhibition in both hematologic malignancies and solid tumors. Presentations and a panel discussion will address IRAK4 biology and clinical experience with IRAK4 inhibition, the potential to overcome treatment resistance, biomarkers, and next steps in the field. To learn more about this free-to-attend symposium and register, please visit View Source

Cerus Corporation to Participate in the 2023 Cantor Global Healthcare Conference

On September 12, 2023 Cerus Corporation (Nasdaq: CERS) reported that Kevin Green, Cerus’ chief financial officer, is scheduled to participate at the 2023 Cantor Global Healthcare Conference on Tuesday, September 26, at 10:30 a.m. EST (Press release, Cerus, SEP 12, 2023, View Source [SID1234635097]).

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A live webcast of the fireside chat will be available at View Source replay will be available for 90 days after the event.

2seventy bio Announces Strategic Restructuring to Prioritize Growth of Abecma, Streamline Pipeline Advancement and Preserve Financial Runway

On September 12, 2023 2seventy bio, Inc. (Nasdaq: TSVT), reported a restructuring of its business operations and research and development model to significantly reduce costs while supporting the execution of a prioritized plan for the long-term growth of the company (Press release, 2seventy bio, SEP 12, 2023, View Sourcenews-releases/news-release-details/2seventy-bio-announces-strategic-restructuring-prioritize-growth" target="_blank" title="View Sourcenews-releases/news-release-details/2seventy-bio-announces-strategic-restructuring-prioritize-growth" rel="nofollow">View Source [SID1234635094]).

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"2seventy’s mission remains the same: to unleash the power of the T-cell and develop un-incremental treatments for people living with cancer," said Nick Leschly, chief kairos officer. "However, the macro environment for oncology cell therapy companies and the near-term headwinds we have seen in our own business have led us to examine how we pursue our mission. Today we are taking hard but necessary steps to streamline our team and optimize our R&D approach and cost structure. In this process, we have focused on how to move efficiently and more cost effectively to develop innovative therapies for patients and create value for shareholders. Unfortunately, we will be saying goodbye to many highly talented and committed members of our team. I want to thank each of them for their amazing dedication to 2seventy and our mission to help those in need, doing everything we can to deliver more TIME."

"The difficult but necessary changes we are making to our workforce, our programs and our cost structure reflect our commitment to advancing our pipeline and achieving value creating milestones with existing cash," said Chip Baird, chief operating officer. "Our U.S. Abecma collaboration provides a source of revenue to offset investment in our pipeline programs, and while we continue to be optimistic about Abecma’s future, particularly given the potential third-line label expansion at the end of the year, we are planning conservatively. We expect today’s changes will preserve runway into at least 2026, and we will continue to focus on careful expense management and thoughtful capital allocation while staying true to our mission of driving programs forward for patients in need. I echo Nick’s gratitude to the members of our team who will be departing 2seventy and look forward to continuing to uphold 2seventy’s unwavering focus on patients as we move into a new chapter."

Business Updates, Restructure Actions and Financial Impacts

Elimination of 176 roles, representing approximately 40% of our workforce
Expected annualized cost savings of at least $65 million, or approximately $130 million in the 2024-2025 period; additional savings possible as we continue rigorous efforts to right-size facilities and related external spend by 2025 to better reflect our current needs.
One-time restructuring costs of approximately $9 million, primarily incurred in the third quarter of 2023.
Implemented a capital-efficient translational development paradigm blending internal manufacturing (270-MPH), our expanded JW Therapeutics collaboration as well as select academic centers to efficiently explore our innovative cell therapies in the clinic
Current balance of cash, cash equivalents, and marketable securities expected to support operations into 2026
Abecma and Pipeline Portfolio Updates

Abecma "Return to Growth:"
Revenue and impact to 2seventy: Based on an anticipated decline in Abecma sales in the third quarter, we believe full-year 2023 U.S. revenue for Abecma could be lower than the $470-$570 million range previously projected. 2seventy continues to expect Abecma to remain profitable this year and contribute significantly toward our cash runway into at least 2026 and remains confident in Abecma’s long-term commercial potential.
Upcoming Milestones: The December 16, 2023 PDUFA date for potential label expansion based on the KarMMa-3 data in adult patients with triple-class exposed relapsed or refractory multiple myeloma and the planned initiation of the KarMMa-9 study in patients with newly diagnosed multiple myeloma with sub-optimal response post-ASCT later this year provide both short- and medium-term grounds for continued optimism in the commercial potential of Abecma.
Updates on bbT369 and SC-DARIC-33 Programs
Phase I CRC-403 study of bbT369 in patients with relapsed and/or refractory B cell non-Hodgkin lymphoma (B-NHL) (wholly-owned)
Clinical Data Update: Today, 2seventy is disclosing that the safety profile, CAR expansion kinetics, including the potential role of the CBL-B gene edit, and the clinical efficacy data, including complete responses in some patients observed to date is supportive of the Company’s decision to continue the Phase I study.
Future Development: While interest and enrollment at clinical study sites has been strong and initial data are encouraging, the Phase I dose escalation study of bbT369 has progressed slower than anticipated, due in part to the FDA mandated safety stagger and the often-aggressive nature of relapsed and/or refractory B-NHL, which can result in patients becoming ineligible for treatment. Despite these challenges, the study is actively enrolling at the third dose level. Given the anticipated pace of accrual and treatment, the Company expects to present the first data from the bbT369 study at a medical meeting in 2024.
Consistent with the rest of the pipeline, the Company has markedly streamlined the cost structure for this program, gating further investment beyond Phase I on the achievement of transformational efficacy.
PLAT-08 clinical study of SC-DARIC-33 in acute myeloid leukemia (AML) and next generation AML program (wholly-owned)
The Company is working with the FDA to enable restart of the Phase 1 study, which is currently on clinical hold. 2seventy plans to limit financial commitment to the current Phase I trial.
The Company will provide the next update on the PLAT-08 study upon completion of the Phase I dose escalation.
Partnered pipeline continues to develop and expand – two new programs approaching the clinic at year end
MUC-16 program in ovarian cancer (Regeneron partnership)
IND submission is on track and anticipated by the end of 2023
MAGE-A4 T cell receptor (TCR) program in solid tumors (led by JW Therapeutics)
Led by JW Therapeutics, initiation of an investigator-initiated study in China is ahead of schedule and anticipated by end of 2023.
JW Therapeutics Partnership Expansion
As announced in a separate press release today, 2seventy bio and JW Therapeutics are planning to expand their collaboration to include an additional solid tumor program and the first-in-human assessment of 2seventy’s proprietary autoimmune-directed CAR T cell product.
Leadership Transitions
Nick Leschly has informed the Company’s Board of Directors that he intends to step down as CEO upon the Board’s identification of his successor. The Company expects that Mr. Leschly will be appointed Chairman of the Board upon this transition. The Board has retained an executive recruitment firm to assist with the search for Mr. Leschly’s successor as CEO.

"After nearly 14 years as CEO of bluebird and 2seventy I feel beyond grateful and humbled to have had the opportunity to help bring four cell therapies to patients and do our part to advance the field," said Nick Leschly, chief kairos officer. "I very much look forward to continuing to work closely with the board and leadership team to advance 2seventy’s mission for patients."

Additionally, Chip Baird, formerly Chief Financial Officer, is now Chief Operating Officer expanding his responsibilities to include finance, corporate development, investor relations and corporate communications as well as portfolio and program/alliance management.

Conference Call Information
2seventy bio will host a conference call and live webcast today, September 12, at 8:00 a.m. ET to discuss today’s announcement. To join the live conference call, please register at: https://register.vevent.com/register/BIc10c340a7f244db5a5fc17394a8f3552. Upon registering, each participant will be provided with call details and access codes. The live webcast may be accessed by visiting the event link at: View Source A replay of the webcast may be accessed from the "News and Events" page in the Investors and Media section of the Company’s website at View Source and will be available for 30 days following the event.