Geneos Therapeutics Secures $5 Million in Series A3 Financing

On April 12, 2023 Geneos Therapeutics, a clinical stage biotherapeutics company focused on the development of personalized therapeutic cancer vaccines (PTCV), reported that it has secured $5 million in its Series A3 round (Press release, Geneos Therapeutics, APR 12, 2023, View Source [SID1234630017]). This financing adds 3B Future Health Fund (3B FHF) to Geneos’ investor syndicate. Further, Dr. Roberto DePonti, managing director and general partner of 3B FHF, joins Geneos as a board observer, adding decades of pharmaceutical drug development experience to the company.

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Proceeds Will Fund Expansion of Phase 1b/2a GT-30 Program
GT-30 is evaluating safety, immunogenicity, and efficacy of PTCV (GNOS-PV02 plus plasmid-encoded IL-12) administered in combination with the immune checkpoint inhibitor pembrolizumab, in patients with unresectable or metastatic hepatocellular carcinoma (HCC) who progress on, or are intolerant to, first line tyrosine kinase inhibitors (sorafenib or lenvatinib). The company previously reported data from the first 24 patients enrolled showing strong tumor reductions including three complete responses (complete disappearance of tumor), and four patients with a partial response. Based on these encouraging results, the study enrollment was expanded to 36 patients. Geneos plans to report the efficacy and durability of response data from the full cohort of 36 patients in 2023.

"We are excited to contribute to the development of Geneos’ advanced approach to treat, patients with HCC as well as multiple additional types of cancer in the future," stated Riccardo Braglia, general partner of 3B Future Health Fund II. "We are encouraged by the very promising results in the current clinical trial and look forward to working closely with the talented Geneos team."

"We are delighted to welcome Roberto and 3B FHF into our investor syndicate. We look forward to working with 3B FHF and their strong worldwide pharmaceutical development expertise and broad network in advancing our novel personalized therapeutic cancer vaccines," stated Niranjan Sardesai, PhD., president and chief executive officer of Geneos Therapeutics.

Navrogen Presents Preclinical Data on NAV-001 Antibody-Drug Conjugate and NAV-003 Bispecific Programs at the 2023 American Association for Cancer Research Annual Meeting

On April 12, 2023 Navrogen, Inc., a biopharmaceutical company specialized in developing therapies for cancer and immune-related disorders, reported that it will be presenting new preclinical data on its NAV-001 antibody-drug conjugate (ADC) and NAV-003 bispecific programs at the 2023 American Association for Cancer Research (AACR) (Free AACR Whitepaper) Conference in Orlando, Florida on April 17 and 18 (Press release, Navrogen, APR 12, 2023, View Source [SID1234630016]).

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NAV-001 and NAV-003 both target mesothelin, a cell surface protein over-expressed on various malignancies, including breast, colon, lung and mesothelioma cancers. Certain ADCs and therapeutic antibodies targeting mesothelin are negatively affected by Humoral Immuno-Oncology (HIO) factors that are produced in the tumor microenvironment. These HIO factors are able to directly bind to affected antibody-based agents and suppress their immune-effector activities as well as suppress target cell internalization, thereby lowering their therapeutic efficacy. To overcome this mechanism of suppression, Navrogen has employed its proprietary HIO factor screening and block-removed immunoglobulin technology (BRITE) platforms to engineer HIO refractory mesothelin-targeting agents. NAV-001 and NAV-003 both have the BRITE feature integrated to avoid suppression by HIO factors, while NAV-001 contains a novel highly toxic payload, and NAV-003 is configured to have an optimized anti-CD3/anti-MSLN bispecific format to elicit robust CD3-redirected T-cell mediated cytotoxicity. These drug candidates have demonstrated significant in vivo efficacy across a wide array of mesothelin-positive cancer models.

"We look forward to sharing scientific data around our programs and technology platforms with the AACR (Free AACR Whitepaper) community", said Dr. Luigi Grasso, Navrogen’s Chief Scientific Officer. "Based on the efficacy and preliminary safety data, we are advancing our NAV-001 and NAV-003 programs forward for clinical testing in HIO suppressed cancers identified by diagnostic screens of various cancer types".

Reaction Biology to Present Data at AACR 2023 Showcasing Expansive Capabilities in Immuno-Oncology Drug Discovery and Development

On April 12, 2023 Reaction Biology ("Reaction" or the "Company"), an industry- leading provider of drug discovery and development services, reported that eleven abstracts highlighting data from the Company’s expanding suite of research offerings will be presented at the American Association for Cancer Research (AACR) (Free AACR Whitepaper) Annual Meeting 2023, held April 14-19, 2023, in Orlando, Florida (Press release, REACTION BIOLOGY, APR 12, 2023, View Source [SID1234630015]).

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"The immuno-oncology landscape has undergone profound and encouraging progress in recent years and there is a growing demand for large molecule services in the search for new treatment options for patients with difficult-to-treat cancers," said Haiching Ma, Ph.D., Chief Scientific Officer of Reaction Biology. "At AACR (Free AACR Whitepaper) 2023, we look forward to showcasing data from our expansive suite of in vitro assays and in vivo tumor models that can provide our customers with solutions to help accelerate the identification and validation of important new drug candidates."

New data will be presented on the Company’s innovative assay technologies, preclinical profiling models and proprietary screening platforms. The full range of data presented at AACR (Free AACR Whitepaper) include:

Humanized MOLM-13 AML model as a versatile tool to study immune-activating agents (Sunday, April 16, 2023, 1:30 – 5:00 PM; Poster Section 2, Poster Board Number: 1, Permanent Abstract Number: 33)

Exploiting macrophage differentiation and plasticity as an immunomodulating strategy (Sunday, April 16, 2023, 1:30 – 5:00 PM; Poster Section 23, Poster Board Number: 11, Permanent Abstract Number: 671)

Characterization of the selective inhibitory effect of KRas inhibitors in different cellular assay formats (Sunday, April 16, 2023, 1:30 – 5:00 PM; Poster Section 19, Poster Board Number: 16, Permanent Abstract Number: 549)

Application of NanoBRET target engagement cellular assay for development of inhibitors against protein kinases, RAS, and epigenetic proteins in cancer therapy (Monday, April 17, 2023, 1:30 – 5:00 PM; Poster Section 17, Poster Board Number: 18, Permanent Abstract Number: 2764)

Assay toolkit for the discovery of new RAS pathway inhibitors (Monday, April 17, 2023, 1:30 – 5:00 PM; Poster Section 11, Poster Board Number: 8, Permanent Abstract Number: 2624)

Immunophenotyping of responses to immunotherapy in syngeneic tumor models using multiplex immunofluorescence compared to multiparametric flow cytometry (Tuesday, April 18, 2023, 9:00 AM – 12:30 PM; Poster Section 25, Poster Board Number: 10, Permanent Abstract Number: 4148)

Use of luciferase-labeled target cells to explore immune cell killing in high throughput format in 2D and 3D co-cultures (Tuesday, April 18, 2023, 9:00 AM – 12:30 PM; Poster Section 40, Poster Board Number: 5, Permanent Abstract Number: 4419)

Humanized PD-1 knock-in mice as a model system for combination therapies with human specific PD-1 therapeutics (Tuesday, April 18, 2023, 12:30 – 5:00 PM; Poster Section 25, Poster Board Number: 7, Permanent Abstract Number: 5194)

Introduction of a platform for preclinical profiling of drug conjugates: a case study with sacituzumab govitecan (Tuesday, April 18, 2023, 1:30 – 5:00 PM; Poster Section 14, Poster Board Number: 6, Permanent Abstract Number: 4895)

Cell-based assay to support development and characterization of new drugs in immuno-oncology (Wednesday, April 19, 2023, 9:00 AM – 12:30 PM; Poster Section 38, Poster Board Number: 22, Permanent Abstract Number: 6650)
Identification of CDK15 activating cyclins by a recombinant co-expression approach (Wednesday, April 19, 2023, 9:00 AM – 12:30 PM; Poster Section 9, Poster Board Number: 9, Permanent Abstract Number: 5980)

"Over the past year, we have made significant investments in talent, infrastructure and resources to expand our preclinical oncology and immuno-oncology drug discovery and development services," said John H. Johnson, Chief Executive Officer of Reaction Biology. "We maintain one of the broadest collections of syngeneic tumor models, and largest target panels and assays for kinase, Kras and epigenetics, in addition to well-characterized tumor cell lines and highly qualified technicians using our state-of-the-art laboratories. Our efforts to deliver high integrity data with passionate customer service to help biopharmaceutical companies discover and develop innovative medicines more effectively underscores why we continue to be a preferred global partner of choice."

Copies of the poster presentations will be available at Reaction Biology’s booth (#1527) during exhibit hall hours from April 14 – 19.

ViewRay Announces Conference Call for Preliminary First Quarter 2023 Financial Results to be held Pre-Market opening on April 13, 2023

On April 12, 2023 ViewRay, Inc. (NASDAQ: VRAY) reported it will hold a conference call to discuss results on Thursday, April 13, 2023, at 8:00 AM ET (Press release, ViewRay, APR 12, 2023, View Source [SID1234630014]). The dial-in number for domestic callers is (888) 886-7786. The confirmation number is 56031524. A live webcast of the conference call will be available on the investor relations page of ViewRay’s corporate website at View Source

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After the live webcast, a replay will remain available online on the investor relations page of ViewRay’s website under "Events and Webinars".

PACIRA BIOSCIENCES TO PARTICIPATE IN FIRESIDE CHAT AT THE 22ND ANNUAL NEEDHAM VIRTUAL HEALTHCARE CONFERENCE

On April 12, 2023 Pacira BioSciences, Inc. (NASDAQ: PCRX) reported that it will participate in an analyst-led fireside chat at the 22nd Annual Needham Virtual Healthcare Conference at 10:15 AM ET on Wednesday, April 19, 2023 (Press release, Pacira Pharmaceuticals, APR 12, 2023, View Source [SID1234630013]). Live audio of the virtual event can be accessed by visiting the "Events" page of the company’s website at investor.pacira.com. A replay of the webcast will also be available for two weeks following the event.

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