Quadriga BioSciences Announces Dosing of First Subject in Phase 2 Study Evaluating QBS72S For Glioblastoma

On February 14, 2023 Quadriga BioSciences, a clinical-stage oncology company developing QBS10072S (QBS72S) for the targeted treatment of cancer, reported the dosing of the first subject with QBS72S in the Phase 2 INSIGhT study, evaluating QBS72S against the standard of care (temozolomide) for the potential treatment of newly diagnosed glioblastoma (Press release, Quadriga BioSciences, FEB 14, 2023, View Source [SID1234627218]).

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"The initiation of QBS72S dosing in the Phase 2 study with Dana-Farber Cancer Institute represents a significant milestone for Quadriga," said Gordon Ringold, Ph.D., Chief Executive Officer of Quadriga BioSciences. "The treatment of glioblastoma is a significant unmet clinical need. QBS72S represents an innovative therapeutic modality in this field that has the potential to overcome current limitations. We look forward to investigating this more closely with our colleagues at Dana-Farber."

Glioblastoma (GBM) is an aggressive form of brain cancer that affects more than 13,000 people annually in the United States. Temozolomide (TMZ), approved by the U.S. Food and Drug Administration (FDA) for the treatment of GBM in 2005, remains the current standard of care. TMZ modifies DNA to trigger cell death; however, an estimated 60% of GBM patients express an enzyme, O-6-methylguanine-DNA methyltransferase (MGMT), that repairs the damaged DNA, leading to TMZ drug resistance and an average survival of 5-6 months from time of diagnosis. QBS72S is designed to treat GBM, even in patients who are resistant to TMZ.

In GBM animal models, QBS72S successfully delayed tumor growth and extended survival. In the completed Phase 1 study, QBS72S showed preliminary evidence of clinical benefit in previously treated/refractory GBM patients.

"Glioblastoma is the most malignant form of brain cancer and there is a desperate need for better treatments," said Patrick Y. Wen, M.D., Director of the Center for Neuro-Oncology at Dana-Farber Cancer Institute and Director of the Division of Cancer Neurology in the Department of Neurology at Brigham and Women’s Hospital and Principal Investigator of the Phase 2 clinical study. "As QBS72S can cross the blood brain barrier and is designed to impact TMZ resistant glioblastomas, we are looking forward to the opportunity to study this agent."

The Phase 2 study is funded by a Small Business Innovation Grant (SBIR).

About QBS72S

QBS72S is a novel, first-in-class chemotherapeutic agent that mimics an aromatic amino acid for cellular uptake by the amino acid transporter LAT1 (L-type amino acid transporter 1) thereby enabling the drug to cross the blood brain barrier (BBB) as well as to selectively target numerous types of rapidly growing cancer cells. Once inside the cell QBS72S causes double-stranded DNA breaks resulting in cell death. Most aggressive cancers express high LAT1, which is commonly associated with poor prognoses.1

About the INSIGhT Trial

The INSIGhT trial is a Phase 2 trial comparing novel agents with standard of care temozolomide in newly diagnosed glioblastoma patients. The current trial includes four investigational agents: abemaciclib, CC115, neratinib and QBS72S. QBS72S will be administered intravenously along with radiation treatment on day 1 of the treatment cycle. Please refer to www.clinicaltrials.gov [NCT02977780] for additional clinical trial details.

enGene announces poster presentation containing interim Phase 1 clinical trial data at the 2023 American Society of Clinical Oncology (ASCO) Genitourinary Cancers Symposium

On February 14, 2023 enGene Inc., a clinical-stage biotechnology company pioneering non-viral gene therapies for local administration to mucosal tissues enabled by its proprietary DDX platform, reported a poster presentation at the American Society of Clinical Oncology (ASCO) (Free ASCO Whitepaper) Genitourinary Cancers Symposium being held from February 16th to 18th, 2023 (Press release, enGene, FEB 14, 2023, View Source [SID1234627216]). The poster will highlight positive pharmacodynamic urinary biomarker data, an encouraging safety profile across all tested doses, and strong preliminary efficacy data based on cytology, cystoscopy, and biopsy, including a 3-month complete response rate of 71%.

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Presenter, Dr. Gary Steinberg MD, Professor at the Perlmutter Cancer Center and Department of Urology and Director of the Goldstein Urology Bladder Cancer Program of NYU Langone Health, said: "While the data are still early, EG-70’s safety profile and efficacy are well on their way towards establishing a new benchmark for monotherapy treatment of high-risk NMIBC with BCG-unresponsive Carcinoma in situ (CIS)." He added, "If these trends continue into Phase II, I am optimistic that EG-70 will become an important, useful, and innovative tool in the fight against non-muscle invasive bladder cancer (NMIBC), especially given its non-viral nature and relative ease of handling and use."

"From the start, we designed EG-70 to be a safe, practical, and effective option for both patients and physicians that will integrate seamlessly into community urology clinics," said Jason Hanson, CEO of enGene. "It is deeply rewarding to see EG-70 continuing its best-in-class trajectory, and we look forward to the upcoming initiation of the pivotal Phase II portion of the LEGEND study."

Presentation highlights:
71% CR rate at 3 months and a rate of patients continuing past 3 months of 82%, both based on a total of 17 patients.
A strong safety profile, with observed adverse events largely consistent with urinary tract instrumentation used to deliver EG-70.
Dose-responsive induction of the IL-12 therapeutic transgene expression, as measured in urine.
Poster session details:
Title: Clinical results of a Phase 1 study of intravesical EG-70 in patients with BCG-unresponsive NMIBC
Abstract Number: 512
Session Information: Session B: Prostate Cancer and Urothelial Carcinoma
Date and Time: Friday, February 17, 2023, 3:30PM ET
Presenter: Gary Steinberg, M.D.

Additional meeting information and the published abstract are available on the ASCO (Free ASCO Whitepaper) GU website (View Source).

About EG-70
Based on enGene’s DDX platform, EG-70 is a novel non-viral gene therapy encoding two RIG-I agonists to stimulate the innate immune system, and IL-12 to stimulate the adaptive immune system. By stimulating both arms of the immune system, intravesically administered EG-70 yields remarkable tumor regression in preclinical models of bladder cancer, with induction of effective immunological memory and minimal signs of toxicity.

About the LEGEND study
The LEGEND study, both first-in-human and first-in-class, is an open-label, monotherapy, multi-center, dose-escalation trial evaluating safety and tolerability, pharmacokinetics, pharmacodynamics, and efficacy of EG-70 administered by intravesical instillation. To learn more about the first-in-human clinical trial of EG-70 in BCG-unresponsive NMIBC, please visit ClinicalTrials.gov. For additional information about the LEGEND study, please visit thelegendstudy.com.

Mirati Therapeutics to Report Fourth Quarter and Full Year Financial Results for 2022 and Recent Corporate Updates on February 28, 2023

On February 14, 2023 Mirati Therapeutics, Inc. (NASDAQ: MRTX), a targeted oncology company, reported its financial results for the fourth quarter and full year of 2022 along with recent corporate updates on February 28, 2023 (Press release, Mirati, FEB 14, 2023, View Source [SID1234627215]). During a conference call at 4:30 p.m. ET / 1:30 p.m. PT on February 28, company executives will provide company updates and review financial results.

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Investors and the general public are invited to listen to a live webcast of the call at the "Investors and Media" section on Mirati.com or by dialing the U.S. toll free +1 773-305-6853 or international +1 888-394-8218, confirmation code: 2312901. A replay of the call will be available approximately 2 hours after the event has ended at the same website.

EDAP Announces Record Preliminary Fourth Quarter and Full-Year 2022 Revenue

On February 14, 2023 EDAP TMS SA (Nasdaq: EDAP) ("the Company"), a global leader in robotic energy-based therapies, reported preliminary unaudited fourth quarter and full year 2022 revenue and other financial highlights (Press release, EDAP TMS, FEB 14, 2023, View Source [SID1234627214]).

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"We finished 2022 with strong fourth quarter and full year revenue, driven by successful execution of our U.S. Focal One HIFU business," said Marc Oczachowski, Chairman and Chief Executive Officer of EDAP TMS. "We sold 15 Focal One machines in 2022, as compared to seven in 2021. This notable increase further validates the growing momentum and interest amongst leading clinicians and hospital providers in offering Focal One as a necessary treatment option to select prostate cancer patients."

Ryan Rhodes, Chief Executive Officer of EDAP Technomed Inc., stated, "We recorded nine Focal One transactions in the U.S. during the fourth quarter, including six machine sales and three operating leases. As our pipeline continues to strengthen, we see a good mix of both large academic medical centers as well as community hospitals who understand the necessity and value of providing access to Focal One Robotic HIFU technology to an appropriate subset of prostate cancer patients. In addition, the Medicare reimbursement increase that went into effect on January 1stappropriately allows more providers to consider the investment in obtaining HIFU technology. We believe these actions together will continue to support our growing US commercial momentum in 2023."

This announcement assumes the following EUR-to-USD exchange rates:

2022 2021
4Q 1.0302 1.1386
Full-year 1.0519 1.1787
December 31st 1.0698 1.1319

Syndax Announces Participation at Upcoming Investor Conferences

On February 14, 2023 Syndax Pharmaceuticals, Inc. (Nasdaq: SNDX), a clinical-stage biopharmaceutical company developing an innovative pipeline of cancer therapies, reported that members of its management team will participate in the upcoming investor conferences (Press release, Syndax, FEB 14, 2023, View Source [SID1234627182]).

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A fireside chat at the Citi 2023 Virtual Oncology Leadership Summit at 2:00 p.m. ET on Tuesday, February 21, 2023
A fireside chat at Cowen’s 43rd Annual Healthcare Conference at 9:10 a.m. ET on Monday, March 6, 2023 in Boston, MA
A panel discussion on leukemia at Cowen’s 43rd Annual Healthcare Conference at 12:50 p.m. ET on Wednesday, March 8, 2023 in Boston, MA
A fireside chat at the Barclays Global Healthcare Conference at 10:45 a.m. ET on Wednesday, March 15, 2023 in Miami, FL
A live webcast of the fireside chats can be accessed from the Investor section of the Company’s website at www.syndax.com, where a replay of the events will also be available for a limited time.