Boan Biotech’s First Investigational ADC, BA1301 for Injection, Approved for Clinical Trials in China

On January 09, 2023 Luye Pharma Group reported that BA1301 for injection, an innovative antibody-drug conjugate (ADC) candidate developed by its subsidiary Boan Biotech, has been approved for clinical trials by the Center for Drug Evaluation (CDE) of China’s National Medical Products Administration (NMPA) (Press release, Luye Pharma, JAN 9, 2023, View Source [SID1234638772]). This drug is intended for treating advanced solid tumors expressing Claudin 18.2, including advanced gastric cancer, gastroesophageal junction adenocarcinoma, and pancreatic cancer.

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

Boan Biotech is committed to building a diverse portfolio of biologics developed on its innovative platforms for monoclonal antibodies, bispecific antibodies, and ADCs. The BA1301 for injection is Boan Biotech’s first novel ADC candidate to undergo clinical trials soon. The company employs C-Lock a site-specific conjugation technique from its partner Levena Biopharma, to conjugate a cytotoxic payload with a monoclonal antibody targeting Claudin 18.2. This directs the cytotoxic payload towards tumors by leveraging the targeting capability of the antibody. Such a design reduces the side effects of the cytotoxic payload and improves the therapeutic window while being able to kill cancer cells.

Preclinical efficacy studies show that the BA1301 for injection has an excellent internalization activity and a strong bystander killing effect, and that it has also demonstrated an exceptional inhibitory effect on tumor growth in tumor models with different levels of Claudin18.2 expression both in vitro and in vivo. The results of preclinical pharmacokinetic and toxicological studies show that the BA1301 for injection has a good safety profile, tolerability and stability in animals with no significant free cytotoxic payload released in plasma.

Binding to Claudin18.2, a high-potential anticancer target, BA1301 for injection aims to fulfill the huge unmet needs of cancer patients

According to the World Health Organization’s International Agency for Research on Cancer (IARC), China had about 4.57 million new cases of cancer in 2020, and the situation of gastrointestinal tumors was particularly concerning: the number of new cases and deaths of gastric cancer was around 480,000 and 370,000 respectively, with both numbers being nearly half of the global total for this disease, and for pancreatic cancer, the deadliest one among all cancers, both the number of new cases and the number of deaths were over 120,000 in China1.

The heavy disease burden is in contrast with the concerning status quo of treatment. The main treatment for advanced gastric and pancreatic cancer is palliative systemic chemotherapy, of which both the efficacy and the prognosis are very poor in general. In addition, available second-line treatments for advanced gastric and pancreatic cancer are limited, systemic chemotherapy is less specific, and the outcomes for patients are not as good as expected.

Claudin18.2 is a highly selective biomarker with limited expression in normal tissues but highly selective and stable expression in specific cancer tissues, especially gastrointestinal cancers such as gastric cancer and pancreatic cancer, and is involved in the proliferation, differentiation and migration of cancer cells. Research shows that Claudin18.2 is expressed in 70% of gastric cancer patients, 50% of pancreatic cancer patients, and 30% of esophageal cancer patients, making it a high-potential molecular target for anticancer drugs. Today, no drug targeting Claudin18.2 has been approved for marketing in the world. However, the recent success of a Phase III clinical trial for an investigational drug with the same target reinforced the industry’s confidence in developing drugs targeting Claudin 18.2. The BA1301 for injection is expected to improve the treatment outcomes for Claudin18.2-positive patients with gastric adenocarcinoma/gastroesophageal junction adenocarcinoma, pancreatic cancer or other cancers, and to provide a new treatment option for them.

With breakthroughs on its ADC platform, Boan Biotech has demonstrated the ability to innovate efficiently

ADCs are a new category of drugs. Known as "biological missiles", they direct small-molecule toxins towards tumors to kill their cells by leveraging the targeting capability of antibodies. And different drugs can be administered in combination to generate a synergy among different systems to attack target cancer cells precisely and effectively. Today, Boan Biotech has put into place an ADC platform covering the entire discovery and development process of ADCs. The BA1301 for injection is the first candidate developed by the company on its ADC platform. Employing the site-specific conjugation technique, the drug has demonstrated a good safety profile, as it is more homogeneous, and its small-molecule toxin isn’t easy to fall off.

Dr. Dou Changlin, R&D President and Chief Operating Officer of Boan Biotech, said: "Drugs targeting Claudin 18.2 have the potential to become novel anticancer therapies. Boan Biotech has developed candidates with different mechanisms of action in this field, to address a wide range of unmet needs for patients. The approval of the BA1301 for injection as our first ADC candidate for clinical trials has demonstrated the strength of our platform and our ability to innovate through efficient collaboration thanks to our multiple years of hard work. This has also paved way for us to develop more ADC products in the future. I believe our unique ADC platform will help to drive the development of more candidates in the future, to make our platform matrix and product portfolio more diverse, and to increase the company’s potential value."

Q2 2023 Quarter Ended Nov 30, 2022

On January 9, 2023 CytoDyn reported its second quarter for the fiscal year ended May 31, 2023 (Filing, 3 mnth, DEC 31, CytoDyn, 2022, JAN 9, 2023, View Source [SID1234630420]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!


Kronos Bio Announces Discovery Collaboration with Genentech to Advance Novel Therapies Against Transcriptional Targets in Oncology

On January 09, 2023 Kronos Bio, Inc., a company dedicated to transforming the lives of those affected by cancer, reported that it has entered into a discovery collaboration in the field of oncology with Genentech, a member of the Roche Group, focused on discovering and developing small-molecule drugs that modulate transcription factor targets selected by Genentech (Press release, Genentech, JAN 9, 2023, View Source [SID1234629876]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

The partnership will allow Genentech to leverage Kronos Bio’s expertise to identify protein-protein interactions, genetic dependencies and gene expression signatures to better understand and target the oncogenic activity of transcription factors in cancer types of interest. Under the collaboration, researchers at the two companies will collaborate using Kronos Bio’s proprietary drug discovery platform, including the small molecule microarray (SMM) for hit finding, to build upon research conducted to date by Genentech.

"This, our first collaboration, brings together expertise from both companies with the goal of answering fundamental scientific questions about the biology of cancer that we hope will one day lead to the advancement of new clinical candidates," said Norbert Bischofberger, Ph.D., president and chief executive officer of Kronos Bio. "We are pleased to be able to leverage our unique platform to collaborate with Genentech to further Kronos Bio’s understanding of transcription-driven oncogenesis and ability to identify novel targets involved."

Kronos Bio will lead discovery and research activities to a defined preclinical point when Genentech will have the exclusive right to pursue further preclinical and clinical development and commercialization. Under the terms of the agreement, Kronos Bio will receive an upfront payment of $20 million and be eligible for additional payments, which could total up to $554 million, based on reaching certain milestones, including discovery, preclinical, clinical and commercial milestones, as well as tiered royalties on any potential products that are commercialized as a result of the collaboration.

"We are excited about the possibilities that this collaboration with Kronos Bio brings to further our understanding of complex scientific networks with the goal of bringing highly effective medicines to patients," said James Sabry, Global Head of Roche Pharma Partnering.

About Kronos Bio’s Discovery Engine
Kronos Bio is focused on targeting the activity of oncogenic transcription factors that have a well-defined and central role in driving particular types of cancer. The company leverages its expertise to map transcription regulatory networks, enabling the identification of protein-protein interactions, genetic dependencies and gene expression signatures of specific oncogenic transcription factors in cancers of interest. Utilizing these transcription regulatory network maps, the company relies on a number of tools, including its proprietary Small Molecule Microarray (SMM) to screen for new drug starting points.

AmMax Bio Enters into an Exclusive Option Agreement with Evopoint Biosciences to License a Next Generation Antibody Drug Conjugate (ADC) for the Treatment of Solid Tumors

On January 9, 2023 AmMax Bio, Inc. ("AmMax"), a private clinical-stage biopharmaceutical company developing innovative therapeutics in oncology, and Evopoint Biosciences Co., Ltd ("Evopoint"), a leading biopharmaceutical company applying its cutting-edge platform technologies to discover and develop innovative medicines, reported that AmMax has entered into an exclusive option with Evopoint for a worldwide license, excluding Greater China, for the development and commercialization of a novel ADC for treating solid tumors (Press release, AmMax Bio, JAN 9, 2023, View Source [SID1234626210]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

With its proprietary linker-payload system and monoclonal antibody, this technology has demonstrated robust antitumor activity in multiple preclinical models which presents significant opportunities to treat many different types of cancer. The animal efficacy and toxicity studies also support a significantly widened therapeutic index (TI) that is expected to provide a much-improved efficacy and safety profile.

"AmMax’s mission is to develop and commercialize oncology therapeutics that have the potential to become the new standard of care," said Larry Hsu, Ph.D., Chairman & Chief Executive Officer of AmMax, "Today’s agreement with Evopoint underscores this commitment by adding a potentially best-in-class ADC program to our portfolio. We are excited to partner with Evopoint and, upon exercising the option, to move this highly differentiated drug candidate into patient studies in the second half of 2023."

"We are very pleased to enter into this agreement with AmMax," said Jason Meijie Le, Chief Executive Officer of Evopoint Biosciences. "Evopoint is dedicated to develop and deliver innovative medicines to physicians and patients. We are very impressed with AmMax’s therapeutic area expertise and proven track record in drug development and commercialization. We look forward to partnering with AmMax to advance this transformative product worldwide. This collaboration evidences the superiority of our product pipeline."

Under the exclusive option agreement, the parties have pre-negotiated licensing terms and will work together to complete the upcoming IND filing and design subsequent dose-escalating clinical studies.

Biomea Fusion to Present at 41st Annual J.P. Morgan Healthcare Conference and Highlight 2023 Corporate Milestones

On January 9, 2023 Biomea Fusion, Inc. (Nasdaq: BMEA), a clinical-stage biopharmaceutical company dedicated to discovering and developing novel covalent small molecules to treat and improve the lives of patients with genetically defined cancers and metabolic diseases, reported that Thomas Butler, Biomea Fusion’s Chief Executive Officer and Chairman of the Board, will present recent progress and 2023 corporate milestones at the 41st Annual J.P. Morgan Healthcare Conference on Wednesday, January 11, 2023 from 11:15 – 11:55 am ET, and that Biomea management will hold 1×1 meetings during the conference January 9 – 11 (Press release, Biomea Fusion, JAN 9, 2023, View Source [SID1234626199]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

A live webcast of the presentation will be available on the Investors & Media page of Biomea’s website at:

View Source

"2022 was a year of strong execution and fundamental infrastructure build as we transitioned to a clinical-stage company and expanded our pipeline. We enter 2023 with three clinical trials studying BMF-219 across 8 cancer indications covering both blood cancers and solid tumors as well as in Type 2 diabetes, the 7th leading cause of death in the United States," stated Thomas Butler, Biomea Fusion’s Chief Executive Officer and Chairman of the Board. "We anticipate advancing BMF-500 into the clinic during the first half of 2023, subsequent to FDA clearance of an IND, which will increase our clinical pipeline to 4 clinical trials covering 10 indications. COVALENT-111, our Phase I/II study in Type 2 diabetes is now due to report initial safety and efficacy from the first two cohorts of the Phase II portion by the end of Q1."

Mr. Butler further commented, "we continue to activate sites and enroll patients in our Phase I/Ib (COVALENT-101) study of BMF-219 in patients with several liquid tumor types, and plan to report initial clinical data from this study in the first half of 2023. In addition, we anticipate initiating dosing imminently in our Phase I/Ib (COVALENT-102) study of BMF-219 in patients with KRAS-mutated solid tumors. In 2023, we will continue the patient-centric urgency and disciplined execution that are now well-established hallmarks of Team Biomea."

RECENT & ANTICIPATED MILESTONES

ONCOLOGY

COVALENT-101 (BMF-219)

Presented robust anti-tumor activity of covalent menin small molecule inhibitor, BMF-219, as a single agent and mechanistic evidence for novel inhibition of the menin protein in preclinical models of diffuse large B-cell lymphoma (DLBCL), multiple myeloma (MM), and chronic lymphocytic leukemia (CLL). BMF-219 displayed single agent potency, surpassing greater than 90% cell killing at clinically relevant exposures in DLBCL, MM and CLL cell lines and patient-derived samples.


BMF-219 is the first investigational menin inhibitor in clinical development to show potential as a therapeutic agent in hematologic malignancies outside of MLLr and NPM1 mutated acute myeloid leukemia/acute lymphoblastic leukemia (AML/ALL) patients, specifically in subsets of DLBCL, MM and CLL patients.

Biomea continued site activation and patient enrollment for the dosing of BMF-219 across four liquid tumor cohorts in the COVALENT-101 study, including patients with AML/ALL, DLBCL, MM and CLL.

Next Anticipated Milestone:

On track to present initial clinical data of AML/ALL patients (including those with MLL rearrangement and NPM1 mutation) dosed in the COVALENT-101 study in the first half of 2023.

COVALENT-102 (BMF-219)


Presented strong and highly specific pan-KRAS anti-cancer activity of BMF-219 as a single agent across KRAS G12C, G12D, G12V and G13D mutant cell lines including in non-small cell lung cancer (NSCLC), colorectal cancer (CRC) and the most prevalent type of pancreatic cancer, PDAC.


BMF-219 is the first investigational menin inhibitor in development to enter clinical trials for the treatment of solid tumors. A targeted pan-KRAS inhibitor could have the potential to treat 25-35% of NSCLC, 35-45% of CRC, and approximately 90% of PDAC patients.


Biomea received FDA clearance of its IND in the fourth quarter of 2022 and has since initiated a Phase I/Ib clinical trial of BMF-219 as a monotherapy in patients who have unresectable, locally advanced, or metastatic NSCLC, CRC or PDAC with an activating KRAS mutation.


Next Anticipated Milestone:

On track to dose first patient in COVALENT-102 study in January 2023.

COVALENT-103 (BMF-500)

Presented data showing multi-fold higher potency and increased cytotoxicity of Biomea’s covalent FLT3 small-molecule inhibitor BMF-500 compared to the commercially available reversible, non-covalent FLT3 inhibitor gilteritinib, and complete, sustained tumor regression in mouse models of FLT3-ITD AML with maintenance of effect after cessation of therapy.


Next Anticipated Milestone:

On track to file IND for BMF-500 in the first half of 2023 to initiate COVALENT-103 study of the covalent FLT3 inhibitor in patients with acute leukemia.

DIABETES


COVALENT-111 (BMF-219)


Presented preclinical data highlighting the ability of BMF-219 in a Type 2 diabetes rat model to restore normal HOMA-B, a measure of pancreatic beta cell function, following only 4-weeks of treatment and to significantly lower HbA1c compared to active control, liraglutide, -3.5% vs -1.7%, respectively.


BMF-219 is the first investigational menin inhibitor in development to enter clinical trials for the improvement of glycemic control and insulin sensitivity in Type 2 diabetes patients.


Biomea completed the healthy volunteer portion of the Phase I/II COVALENT-111 study of BMF-219 in Canada. BMF-219 was well tolerated with an encouraging pharmacokinetic and pharmacodynamic profile in healthy volunteers and with no safety signals detected.


Biomea received FDA clearance in December 2022 to expand the Phase II portion of COVALENT-111 to sites in the U.S. and in January 2023 announced dosing of the first U.S. patient with Type 2 diabetes. The company continues to enroll Type 2 diabetes patients in the Phase II portion of the study in Canada as well.


Next Anticipated Milestones:

On track to present initial clinical data from the first two cohorts of the Phase II portion of the study by the end of Q1 2023, and to present details of the healthy volunteer (Phase I) portion of the study at a scientific medical meeting in 2023.

FUSIONTM SYSTEM DISCOVERY PLATFORM


Developed two covalently binding small molecules (BMF-219 and BMF-500), each within 18 months from target identification to IND candidate, leveraging the proprietary FUSIONTM System Discovery Platform and showing excellent preclinical profiles.


Next Anticipated Milestone:

On track to announce a third development candidate from the FUSION platform in the first half of 2023.