Ichnos Sciences Receives Orphan Drug Designation for First-In-Class Bispecific (CD38 x CD47) Antibody Innate Cell Modulator, ISB 1442

On March 21, 2023 Ichnos Sciences Inc., a global clinical-stage biotechnology company developing innovative multispecific antibodies in oncology, reported the company has been granted orphan drug designation (ODD) by the U.S. Food and Drug Administration (FDA) for its first-in-class biparatopic 2+1 BEAT bispecific antibody targeting CD38 and CD47 for the treatment of relapsed/refractory multiple myeloma (MM) (Press release, Ichnos Sciences, MAR 21, 2023, View Source [SID1234629097]).

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ISB 1442, which is Ichnos’ second clinical-stage asset to receive ODD in MM, began dosing patients in a first-in-human Phase 1 study in Australia in September 2022, and U.S. sites are expected to open in the second quarter of this year (NCT05427812). ISB 1442 is based on Ichnos’ proprietary BEAT multispecific antibody platform1, which enables the development of immune cell engagers.

"Receiving orphan drug designation for ISB 1442 is an important milestone on Ichnos’ journey to developing potentially curative therapies for patients with multiple myeloma. Reported new cases are on the rise year over year, making the potential clinical applications for ISB 1442 more relevant than ever before," said Cyril Konto, M.D., President and Chief Executive Officer of Ichnos Sciences. "It feels fitting to share this milestone during Multiple Myeloma Awareness Month, when our industry joins with patients and healthcare providers to highlight our shared commitment to curing this disease."

Preclinical data demonstrating the potency and anti-tumor activity of ISB 1442 in multiple in vitro and in vivo tumor models relative to daratumumab and magrolimab were featured at an oral presentation at the 63rd ASH (Free ASH Whitepaper) Annual Meeting in December 2021. Posters describing the design of the ongoing dose escalation and expansion study and additional preclinical data that support potential applications for ISB 1442 for the treatment of acute myeloid leukemia (AML) and T-cell acute lymphoblastic leukemia (T-ALL) were presented at the 64th ASH (Free ASH Whitepaper) Annual Meeting in December 2022.

The FDA grants ODD to therapies that show promise in the treatment, prevention, or diagnosis of rare disease or conditions that affect fewer than 200,000 people in the United States. MM is a rare, cancerous blood disease with an estimated 162,201 patients currently in the U.S.2 While progress has been made in the treatment of MM, there remains a significant unmet need for therapies that can overcome developed resistance and decreased effectiveness over time.

To learn more about ISB 1442 and Ichnos’ pipeline of oncology assets, visit IchnosSciences.com/Pipeline

CORMEDIX INC. TO REPORT FOURTH QUARTER AND FISCAL YEAR 2022 FINANCIAL RESULTS AND PROVIDE A CORPORATE UPDATE ON MARCH 30, 2023

On March 21, 2023 CorMedix Inc. (Nasdaq: CRMD), a biopharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of life-threatening conditions and diseases, reported that it will report its financial results for the fourth quarter and year ended December 31, 2022, before the market opens on Thursday, March 30, 2023, and will host a corporate update conference call at 8:30am Eastern Time (Press release, CorMedix, MAR 21, 2023, View Source [SID1234629095]).

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Carina to present at AACR 2023

On March 21, 2023 Carina Biotech (Carina), a cell therapy immuno-oncology company, reported four poster presentations from preclinical studies of its LGR5-targeting CAR-T platform in colorectal cancer at the 2023 American Association for Cancer Research (AACR) (Free AACR Whitepaper) Annual Meeting that will take place in Orlando, Florida on April 14-19 (Press release, Carina Biotech, MAR 21, 2023, View Source [SID1234629094]).

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"We are looking forward to sharing preclinical data related to our LRG-5 targeted CAR-T platform in colorectal cancer at the upcoming 2023 AACR (Free AACR Whitepaper) meeting. The data expand upon the preclinical evidence supporting our LGR5 CAR-T cell candidate CNA3013 and the planned Phase 1/2a clinical trial in patients with advanced colorectal cancer patients. This follows the greenlight for our CNA3103 Investigational New Drug (IND) application by the US Food and Drug Administration (FDA) in January 2023," stated Deborah Rathjen, PhD, Carina’s Chief Executive Officer.

Poster Presentation Details
Title: Development of a flow cytometry-based assay for measuring specific CAR expression on LGR5-targeting CAR-T cells
Lead Author: Timona Tyllis, Chemokine Biology Laboratory, Department of Molecular and Biomedical Science, The University of Adelaide, Adelaide, South Australia
Session Category: Clinical Research Excluding Trials
Session Title: Adoptive Cell Therapy 2
Session Date and Time: Monday Apr 17, 2023 from 1:30 PM ET – 5:00 PM ET
Location: Poster Section 37
Poster Board Number: 19
Published Abstract Number: 3199

Title: Development and in vitro validation of an LGR-5 targeting CAR-T against colorectal cancer
Lead Author: Veronika Bandara, Centre for Cancer Biology, an Alliance between University of South Australia and SA Pathology, Adelaide, South Australia
Session Category: Immunology
Session Title: CAR T-cell Therapy 2
Session Date and Time: Tuesday Apr 18, 2023 from 9:00 AM ET – 12:30 PM ET
Location: Poster Section 23
Poster Board Number: 4
Published Abstract Number: 4085

Title: In vivo efficacy of LGR5-targeting CAR-T cell therapies developed for the treatment of colorectal cancer
Lead Author: Dylan McPeake, Chemokine Biology Laboratory, Department of Molecular and Biomedical Science, The University of Adelaide, Adelaide, South Australia
Session Category: Immunology
Session Title: CAR T-cell Therapy 2
Session Date and Time: Tuesday Apr 18, 2023 from 9:00 AM ET – 12:30 PM ET
Location: Poster Section 23
Poster Board Number: 2
Published Abstract Number: 4083

Title: Assessing LGR5 expression levels on colorectal cancer tissue samples for use in a LGR5-targeting CAR-T cell therapy clinical trial
Lead Author: Emma J. Thompson, Centre for Cancer Biology, an Alliance between University of South Australia and SA Pathology, Adelaide, South Australia
Session Category: Clinical Research Excluding Trials
Session Title: Diagnostic and Prognostic Biomarkers 4
Session Date and Time: Tuesday Apr 18, 2023 from 1:30 PM ET – 5:00 PM ET
Location: Poster Section 40
Poster Board Number: 2
Published Abstract Number: 5545

NRG and TerThera signed an irradiation agreement to ensure the continuous supply of Terbium-161

On March 20, 2023 NRG and TerThera reported the companies signed an agreement for irradiation services in the High Flux Reactor in Petten, the Netherlands to produce Terbium-161 (Press release, TerThera, MAR 20, 2023, View Source [SID1234644370]). The non-carrier-added (NCA) Terbium-161 is produced by neutron irradiation of highly enriched Gadolinium-160 targets in the Dutch research reactor.

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Terbium-161 is a promising novel radionuclide for cancer treatment, that can meet the growing demand in cancer healthcare, exhibiting comparable (radio)chemical characteristics to known radiolanthanides. Early research suggests however that as much as 16-fold increase in Auger and conversion electrons are emitted by Terbium-161 resulting in improved anti-tumor capabilities for primary and (micro)metastasized cancers. The first case report, published in February 2023, observing the increased therapeutic value of disseminated metastatic disease using Terbium-161 PSMA for Radioligand Therapy (RLT) after a single cycle provided early confirmation of Terbium-161’s potential.

The first batches have been successfully irradiated, delivered to TerThera’s production location for processing into the final product, and distributed globally to support preclinical and clinical initiatives. Thanks to the irradiation agreement, the two companies will work together to ensure a reliable and uninterrupted supply of Terbium-161 in support of cancer healthcare around the world.

Vinod Ramnandanlal, Commercial Director at NRG, commented: "NRG is pleased to announce a supply agreement with TerThera, a Dutch company. The Netherlands is extremely strong in the world market for medical isotopes. The irradiation agreement for the production of Terbium-161 is also positive news for doctors and patients worldwide."

Philippe van Overeem, CEO of TerThera, commented: "This irradiation agreement assures reliable access to Terbium-161 on a global level. In times of scarce availability of therapeutic radionuclides, TerThera will bring its product to GMP quality before the end of 2023 to broaden the access for clients all around the world."

Nexi-Arontier, MOU for joint development of AI-based antibody new drug

On March 20, 2023 Nex-I reported that it signed a business agreement (MOU) with Arontier for joint research and development of AI-based antibody new drugs (Press release, NEX-I, MAR 20, 2023, View Source;mode=VIEW&num=39&category=&findType=&findWord=&sort1=&sort2=&page=2 [SID1234643436]). The signing ceremony was attended by key officials of Nexi, including Nexi CEO Kyung-wan Yoon, Nexi Chief Operating Officer Jin-beop Son, Arontier CEO Ko Jun-soo, and Arontier Chief Strategy Officer Son In-seok.

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The goal of this MOU is to improve NexI’s antibody new drug development method using AD3, an AI-based innovative new drug development platform developed by Arontier, to discover more efficient and precise new drug candidates.

Junsu Ko, CEO of Arontier, said, "Arontier can handle target protein structure and candidate material exploration at the same time, and through this collaboration, data and preclinical data such as Arontier’s AI-based interpretation technology and Nexi’s immune anticancer drug refractoriness inducers are available. "We will be able to use our research experience to obtain competitive results," he said.

Kyung-wan Yoon, CEO of Nexi, said, "Through this collaboration, both companies will be able to create results in the development of new antibody drugs by converging their respective technological capabilities," and added, "We expect that more accurate and rapid development will be possible using AI technology."

Meanwhile, Nexi is a biotech that develops new antibody drugs targeting immunotherapy refractory inducers, and is expected to lead solid cancers such as non-small cell lung cancer (NSCLC), colorectal cancer (CRC), and malignant melanoma in 2024. We plan to enter phase 1 clinical trials for the pipeline ‘NXI-101’.