China’s First NDA for a KRAS G12C Inhibitor: Innovent Announces the National Medical Products Administration of China Has Accepted and Granted Priority Review Designation to the New Drug Application for IBI351

On November 23, 2023 Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercializes high quality medicines for the treatment of oncology, metabolic, autoimmune, ophthalmology and other major diseases, reported that the New Drug Application (NDA) for IBI351 (KRAS G12C inhibitor) has been accepted by the Center for Drug Evaluation (CDE) of the National Medical Products Administration (NMPA) of China and granted Priority Review designation[1], for the treatment of patients with advanced non-small cell lung cancer (NSCLC) harboring KRAS G12C mutation who have received at least one systemic therapy (Press release, Innovent Biologics, NOV 23, 2023, View Source [SID1234637957]). It is China’s first NDA for a KRAS G12C inhibitor and is anticipated to benefit more lung cancer patients harbouring KRAS G12C mutation after approval.

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The NDA acceptance and Priority Review designation are based on the results from a single-arm registrational Phase 2 clinical study (NCT05005234) intended to evaluate the efficacy and safety of IBI351 monotherapy in advanced NSCLC patients harbouring KRAS G12C mutation who failed or were intolerant to the standard treatment in China. The results will be presented at the upcoming European Society for Medical Oncology (ESMO) (Free ESMO Whitepaper) Asia Congress 2023.

Professor Yi-Long Wu from Guangdong Lung Cancer Institute, Guangdong Provincial People’s Hospital, stated: "KRAS mutation as the ‘undruggable’ target for decades has become one of the most popular direction for clinical development recently. Although FDA has approved KRAS G12C targeted drugs overseas, there’s no drug approved in China. IBI351, as a novel, irreversible covalent inhibitor of KRAS G12C mutation, demonstrated favorable safety and promising efficacy in KRAS G12C mutated advanced NSCLC as monotherapy. We look forward to the NDA approval of this novel drug to benefit more NSCLC patients with KRAS G12C mutation soon."

Dr. Hui Zhou, Senior Vice President of Innovent, stated: "Median survival is poor for advanced NSCLC patients with KRAS G12C mutation who failed or intolerant to standard of care treatment, highlighting the need for more effective options. We are glad about the NDA acceptance of IBI351 and it could potentially become the first approved KRAS G12C inhibitor in China, which could bring more treatment options to NSCLC patients. We are also advancing clinical development of IBI351 as monotherapy and combination therapy for more solid tumors such as colorectal cancer and lung cancer to look for opportunities to benefit more patients."

Previously, the results of IBI351 from a Phase 1 clinical trial in patients with solid tumors were updated in an oral presentation at the 2023 American Association for Cancer Research (AACR) (Free AACR Whitepaper) Annual Meeting (AACR 2023).

As of February 10, 2023, of the 67 evaluable NSCLC patients, objective response rate (ORR) is 61.2% and disease control rate (DCR) is 92.5%.
Among 30 patients with NSCLC treated at 600mg BID (the recommended phase 2 dose), better efficacy signal was observed, with ORR 66.7% (confirmed ORR 53.3%) and DCR 96.7%. The median duration of response (DoR) was not reached yet, the 6-month DoR rate was 75.4% (95% CI, 39.8-91.7). The median progression free survival (PFS) was 8.2m (PFS events 46.7%), the 6-month and 9-month PFS rate were 58.9% (95% CI, 39.0-74.3) and 47.3% (95% CI, 26.1-65.8), respectively, with a median follow-up of 8.1 months, and the data is immature.
As of November 30 2022, IBI351 was well tolerated. No dose limiting toxicity (DLT) was reported and maximum tolerated dose (MTD) was not reached. Treatment-related adverse events (TRAEs) occurred in 94.0% (63/67) patients and the most common TRAEs were anemia, pruritus, transferase increased, asthenia, protein urine present and bilirubin increased. The majority of the TRAEs were grade 1-2 with 31.3% of patients reporting ≥grade 3 TRAEs. There were no TRAEs led to treatment discontinuation or death.
Innovent is also exploring the potential of IBI351 in combination therapy for previously-untreated advanced NSCLC patients with KRAS G12C mutation. Two Phase 1b studies of IBI351, in combination with cetuximab (ERBITUX, EGFR inhibitor) and sintilimab (TYVYT, PD-1 inhibitor) respectively, are currently ongoing.

Besides, IBI351 monotherapy also demonstrated excellent efficacy and safety in previously-treated advanced colorectal carcinoma (CRC) patients with KRAS G12C mutation, of which the preliminary results were presented at the American Society of Clinical Oncology (ASCO) (Free ASCO Whitepaper) 2023. In May 2023, IBI351 became China’s first KRAS G12C inhibitor to receive NMPA Breakthrough Therapy Designation as monotherapy for CRC patients with KRAS G12C mutation who have received at least two systemic therapies.

About KRAS G12C Mutated Non-small Cell Lung Cancer

Lung cancer is one of the malignancies with the highest incidence and mortality worldwide, among which non-small cell lung cancer (NSCLC) is the most common pathological type, accounting for about 85% of all lung cancers. KRAS mutations are common driver gene mutations in NSCLC, most of which occur in lung adenocarcinoma. KRAS mutations rarely co-exist with driver mutations such as EGFR and ALK, and patients with advanced NSCLC with KRAS G12C mutations are often unable to benefit from the multiple drugs already on the market that target these mutations or rearrangements. After the progress of first-line standard treatment in this population, there are limited second-line treatment options with low effective rate and poor prognosis.

About IBI351 (KRAS G12C Inhibitor)

RAS protein family can be divided into KRAS, HRAS and NRAS categories. KRAS mutation are detected in nearly 90% of pancreatic cancer, 30-40% of colon cancer, and 15-20% lung cancer patients. The occurrence of KRAS G12C mutation subset is more frequently observed than those with ALK, ROS1, RET and TRK 1/2/3 mutations combined.

IBI351 is a novel, orally active, potent KRAS G12C inhibitor designed to effectively target the GTP/GDP exchange, an essential step in pathway activation, by modifying the cysteine residue of KRAS G12C protein covalently and irreversibly. Preclinical cysteine selectivity studies demonstrated high selectivity of IBI351 towards G12C. Subsequently, IBI351 effectively inhibits the downstream signal pathway to induce tumor cells’ apoptosis and cell cycle arrest.

In September 2021, Innovent and GenFleet Therapeutics entered into an exclusive license agreement for the development and commercialization of IBI351 (GenFleet R&D code: GFH925) in China (including mainland China, Hong Kong, Macau and Taiwan) with additional option-in rights for global development and commercialization.

In January 2023, the Center for Drug Evaluation (CDE) of China’s National Medical Products Administration (NMPA) has granted Breakthrough Therapy Designation (BTD) for IBI351 for the treatment of patients with advanced NSCLC harboring KRAS G12C mutation who have received at least one systemic therapy. In May 2023, the CDE of China’s NMPA granted another BTD for IBI351 for the treatment of advanced CRC patients with KRAS G12C mutation who have received at least two systemic therapies. In November 2023, the CDE of NMPA accepted and granted Priority Review designation to the NDA for IBI351 for the treatment of advanced NSCLC patients harboring KRAS G12C mutation who have received at least one systemic therapy.

CureVac exercises options in strategic collaboration with myNEO Therapeutics.

On November 22, 2023 myNEO N.V. (myNEO Therapeutics) and CureVac N.V. (Nasdaq CVAC) reported that CureVac has exercised two exclusive options on selected sets of potential cancer vaccine antigen targets (Press release, myNEO Therapeutics , NOV 22, 2023, View Source [SID1234640212]). Since the initiation of the myNEO Therapeutics-CureVac partnership in May 2022, both companies have closely collaborated and have achieved several important milestones. In this collaboration, myNEO Therapeutics has used its advanced AI-powered technology platform to analyze extensive biological datasets and has identified a collection of novel shared antigen targets associated with two cancer indications.

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The identified antigen targets demonstrated strong immunogenicity in undisclosed preclinical studies. CureVac will select the most promising targets for validation and consideration for the design of potential mRNA cancer vaccine candidates.

Cedric Bogaert, CEO of myNEO Therapeutics, said: "We are excited by the rapid progress achieved in this collaborative program with CureVac. CureVac’s decision to exercise its options is a strong validation of our ImmunoEngine platform and the results it has generated. This milestone achievement is indicative of our position as a leading company in the field of novel cancer target discovery. We very much look forward to continuing our highly productive partnership with CureVac."

"We see great value in our partnership with myNEO Therapeutics as we explore the promise of mRNA vaccines in cancer applications," Dr. Myriam Mendila, Chief Development Officer at CureVac added. "myNEO Therapeutics’ identification of novel tumor antigens expands our clinical options and is an important enabler to propel our work on cancer vaccines forward. We are pleased to have achieved this important milestone at this early stage of our partnership."

myNEO Therapeutics recently announced its transition from a leader in immunogenomic profiling towards an integrated product development company with a clear focus on the discovery of novel breakthrough cancer immunotherapies either by internal development or in collaboration with strategic partners.

Entry into a Material Definitive Agreement

On November 22, 2023, Adhera Therapeutics, Inc., a Delaware corporation ("Adhera" or the "Company") reported to have entered into an Assignment and Exchange Agreement (the "Agreement") with Biodexa Pharmaceuticals PLC, a public limited company organized under the laws of England and Wales ("Biodexa"), and certain holders (the "Secured Noteholders") of outstanding secured notes issued by Adhera (the "Secured Notes") having a combined total amount of $7,832,927, pursuant to which Adhera agreed to assign all of its rights to the compound tolimidone under its license agreement dated August 20, 2021, as amended, with Melior Pharmaceuticals I, Inc., a Delaware corporation ("Melior") to Biodexa in exchange for Biodexa agreeing to issue consideration to Adhera and the Secured Noteholders (as more specifically described below), and the Secured Noteholders in turn agreeing to the elimination and release of Adhera from the Secured Notes and the Secured Noteholders’ rights and interests and Adhera’s obligations incident thereto, subject in each case to the terms and conditions set forth in the Agreement (Filing, 8-K, Adhera Therapeutics, NOV 22, 2023, View Source [SID1234638035]).

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In connection with the assignment, Biodexa agreed to pay $300,000 in cash to Adhera (the "Initial Cash Consideration") and issue $2,000,000 of its American Depositary Shares ("Depositary Shares"), each Depositary Share representing 400 of Biodexa’s ordinary shares, nominal value £0.001 per share (the "Ordinary Shares"), valued at the final offering price per Class A Unit ("Class A Offering Price") to be offered by Biodexa in a registered offering (the "Biodexa Offering"), to the Secured Noteholders. In addition, provided the Secured Noteholders, as a group, subscribe for not less than $4,000,000 of Class A Units in the Biodexa Offering, Biodexa agreed to pay a further $400,000 in cash to Adhera and issue a further $3,000,000 of its Depositary Shares, valued at the Class A Offering Price, to the Secured Noteholders. There is no guarantee the Secured Noteholders will purchase a sufficient amount of units in the Biodexa Offering to entitle Adhera to the additional payment contemplated by the Agreement. The Agreement also provides for additional payments, totaling $4,000,000 of Depositary Shares in the aggregate, to be issued to the Secured Noteholders upon the completion of a positive Phase II clinical study of tolimidone in Type-1 diabetes and upon the first commercial sale of tolimidone.

Upon receipt of the Depositary Shares issued pursuant to the Agreement as of the closing of the transactions contemplated thereby (the "Closing"), the Secured Noteholders have agreed to cancel and terminate, in full, their respective Secured Notes and any related security agreements and interests. The Closing is subject to customary closing conditions, including, among other things, the closing of the Biodexa Offering.

Further, in connection with the execution of the Agreement, Biodexa entered into a side letter agreement with Adhera under which Biodexa advanced to Adhera $60,000 of the Initial Cash Consideration, which will be credited against the Initial Cash Consideration payable at the Closing or, if the Closing does not occur by March 31, 2024, repaid in full by Adhera.

The foregoing description of the Agreement and the transactions contemplated thereby does not purport to be complete, and is qualified in its entirety by reference to the full text of the Agreement and side letter agreement, copies of which are filed hereto as Exhibits 10.1 and 10.2, respectively, and are incorporated by reference herein.

Incendia Therapeutics to Present at 35th Annual Piper Sandler Healthcare Conference

On November 22, 2023 Incendia Therapeutics, a precision oncology company discovering and developing a novel class of therapies that reprogram the tumor microenvironment (TME), reported that Chief Executive Officer, Wendye R. Robbins, M.D., will present a corporate overview at the 35th Annual Piper Sandler Healthcare Conference on Thursday, November 30, 2023 at 2:50 pm ET (Press release, Incendia Therapeutics, NOV 22, 2023, View Source [SID1234637949]).

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Bayer Championing Advancements in Radiology Pipeline and Accelerating AI Innovation

On November 22, 2023 Bayer reported to advance its comprehensive Radiology portfolio with progress in the development pipeline for an investigational contrast agent as well as new innovations in the area of Artificial Intelligence (AI) (Press release, Bayer, NOV 22, 2023, View Source [SID1234637948]). The company announced that new clinical data for gadoquatrane, Bayer’s investigative macrocyclic gadolinium-based compound currently in Phase III development, will be presented at the 2023 Radiological Society of North America (RSNA) Annual Meeting – taking place from November 26 to 30 in Chicago, USA. In addition, Bayer announced four collaboration agreements, adding additional applications to its digital platform Calantic Digital Solutions and will announce the publication of a Bayer funded health economic modeling analysis that evaluated cost effectiveness of supplemental imaging for screening breast cancer in women with dense breasts.

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The activities at RSNA reflect Bayer’s commitment as a leading company in key areas of radiology to accelerate innovation and address today’s industry challenges for the benefit of patients and their clinicians.

New clinical data for investigational contrast agent gadoquatrane being presented at RSNA 2023:

International Multicenter Phase 2 Dose Finding Study of Gadoquatrane: A Dose of 0.04 mmol Gd/ kg body weight (bw) of Gadoquatrane compared to 0.1 mmol Gd/kg bw of Gadobutrol

Background: Gadoquatrane, Bayer’s investigative macrocyclic gadolinium-based compound is currently in Phase III of development.
The Purpose of this Phase II study was to establish a dose of gadoquatrane in comparison to gadobutrol.
The Phase II results supported the further development of gadoquatrane in a broad Phase III program.
Session Number W7-SSNR13
Fostering innovation in Radiology AI

In more than 30 sessions, Bayer’s AI team composed jointly of experts from both Calantic Digital Solutions and Blackford Analysis, will share their insights to help customers advance their AI strategy – by offering various tech talks, including "Spark Tank Sessions" where early-stage app companies can learn new ways to refine their value proposition and market their AI. Bayer will also host thought leadership panel discussions with topics like regulatory challenges in the field of AI in medical imaging, app selection and leverage clinical utility frameworks to assess ROI.

Building on technology from Blackford and adding additional workflow and analytics components, Bayer’s own platform Calantic Digital Solutions delivers access to applications for medical imaging, including those enabled by AI. Calantic SPARK, Bayer’s accelerator program for medical imaging app developers to further foster innovation in radiology AI, will showcase Imagine Software and Scanslated. Bayer’s Calantic Spark is a targeted program to help radiology AI startups of all stages get to market faster by offering advice spanning medical, regulatory, reimbursement expertise, and market access. Acting as a fast-track pathway to commercialization and distribution through Calantic Digital Solutions.

New Insights into Cost Effectiveness of Supplemental Screening Modalities for Dense Breasts

During RSNA Bayer will announce the publication of a novel health economic model in the Journal of Medical Economics, funded by Bayer, analyzing cost effectiveness of supplemental imaging modalities for women with dense breasts at average and intermediate risk of breast cancer.

Bayer is also hosting an immersive tour of a radiology clinic of the future through the eyes of a patient.