Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2025 (IFRS)

On October 31, 2024 Ono reported Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 31, 2025 (Filing, 3 mnth, SEP 30, Ono, 2024, OCT 31, 2024, View Source [SID1234649001]).

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2024 3Q Earnings

On October 31, 2024 Hanmi reported third quarter 2024 results (Presentation, Hanmi, OCT 31, 2024, View Source [SID1234648971]).

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Scholar Rock to Present New Clinical and Biomarker Data from the Phase 1 DRAGON Trial at the SITC 39th Annual Meeting

On October 31, 2024 Scholar Rock (NASDAQ: SRRK), a late-stage biopharmaceutical company focused on advancing innovative treatments for spinal muscular atrophy (SMA), cardiometabolic disorders, and other serious diseases where protein growth factors play a fundamental role, reported that it will present data from the Phase 1 DRAGON trial of SRK-181, an investigational selective inhibitor of latent TGFβ1 activation, in patients with advanced solid tumors at the Society for Immunotherapy of Cancer (SITC) (Free SITC Whitepaper) 39th Annual Meeting in Houston on November 6–10 (Press release, Scholar Rock, OCT 31, 2024, View Source [SID1234647624]). In a poster presentation, Scholar Rock will share updated safety, efficacy, and biomarker results for SRK-181 in anti-PD-1 resistant patients with advanced solid tumors from the expansion phase (Part B) of the DRAGON trial.

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"These promising new clinical and biomarker data from the DRAGON trial build upon our robust safety and efficacy data on SRK-181 in multiple solid tumor types," said Jay Backstrom, M.D., MPH, President and Chief Executive Officer of Scholar Rock. "We are excited to share these updates, which support the potential of our highly selective approach to inhibiting TGFβ1 with durable responses observed in heavily pretreated patients. While DRAGON completed enrollment last year, patients have remained on therapy, and we look forward to providing additional updates."

Details of the presentations are as follows:

Title: DRAGON Trial: Durable remission rate with the latent TGFβ1 inhibitor linavonkibart (SRK-181) and pembrolizumab in patients with immune checkpoint inhibitor resistant advanced cancers
Presentation Type: Poster 812
Presenter: Timothy A. Yap, M.D., The University of Texas MD Anderson Cancer Center
Location: Level 1, Exhibit Halls AB, George R. Brown Convention Center, Houston, TX
Date/Time: November 9, 2024, 7:10-8:30 p.m. CST

The abstracts for these presentations are available on SITC (Free SITC Whitepaper)’s website on November 5, 2024: View Source

The presentations will be made available in the Publications & Posters section of Scholar Rock’s website following the conference.

For conference information, visit View Source

About SRK-181

SRK-181 is a selective inhibitor of TGFβ1 activation being developed to overcome primary resistance to checkpoint inhibitor therapy, such as anti-PD-(L)1 antibodies, in advanced cancer. TGFβ1 is the predominant TGFβ isoform expressed in many human tumor types. Based on analyses of various human tumors that are resistant to anti-PD-(L)1 therapy, data suggest that TGFβ1 is a key contributor to the immunosuppressive tumor microenvironment, excluding and preventing entry of cytotoxic T cells into the tumor, as well as suppressing T cell activity, thereby inhibiting anti-tumor immunity.

SRK-181 specifically targets the latent TGFβ1 isoform in a context-independent manner, designed to enable complete inhibition of TGFβ1 in all compartments within the tumor microenvironment. Scholar Rock believes that SRK-181 has the potential to overcome this immunosuppressive tumor microenvironment and induce tumor regression when administered in combination with anti-PD-(L)1 therapy while potentially avoiding toxicities associated with non-selective TGFβ inhibition. Enrollment of the DRAGON Phase 1 proof-of-concept clinical trial (NCT04291079) was completed in December 2023, and patients who remain on the study continue to be treated. The trial enrolled patients in multiple proof of concept cohorts conducted in parallel, including urothelial carcinoma (UC), cutaneous melanoma (MEL), non-small cell lung cancer (NSCLC), head and neck squamous cell carcinoma (HNSCC), and clear cell renal cell carcinoma (ccRCC). SRK-181 is an investigational product candidate and its efficacy and safety have not been established. SRK-181 has not been approved for any use by the FDA or any other regulatory agency.

TME Pharma Awarded €2.4 Million German Federal Grant to Support NOX-A12 Phase 2 Trial in Brain Cancer

On October 31, 2024 TME Pharma N.V. (Euronext Growth Paris: ALTME), a clinical-stage biotechnology company focused on developing novel therapies for treatment of cancer by targeting the tumor microenvironment (TME), reported that it is awarded a non-refundable grant of €2.4 million from the KMU-innovativ funding program run by the German Federal Ministry of Education and Research (Bundesministerium für Bildung und Forschung, BMBF) (Press release, TME Pharma, OCT 31, 2024, View Source [SID1234647623]).

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The non-dilutive non-refundable funding will support TME Pharma’s planned Phase 2 randomized controlled study evaluating its lead asset, the CXCL12 inhibitor NOX-A12, for use in the treatment of aggressive adult brain cancer, glioblastoma. Funds will be disbursed after the relevant costs in the trial have been incurred. This grant complements other non-dilutive support worth approximately €5 million for study aspects that are out of the scope of the BMBF grant.

KMU-innovativ ("Innovative SMEs") is the leading funding program of the BMBF specifically designed to support small and medium-sized enterprises (SMEs) in Germany in the realization of innovative projects. The NOX-A12 Phase 2 study met the objectives of the KMU-innovativ Biomedicine program to strengthen the innovative power of SMEs in medical biotechnology and to promote the development of drugs in Germany that lead to the cure, alleviation or prevention of diseases.

"We are pleased that the scientific review by experts at the BMBF recognized the potential of our lead asset in the difficult-to-treat indication of aggressive adult brain cancer and are very grateful to the BMBF for this significant grant of financial support to TME Pharma’s trial," said Aram Mangasarian, CEO of TME Pharma. "The award of this grant is based on the robust study design of our upcoming Phase 2 trial, underpinned by the substantial clinical results NOX-A12 has already achieved showing extraordinary potential as a therapy for glioblastoma. The fact that this funding is non-dilutive is positive news for our existing shareholders. This complements other non-dilutive support TME has secured for different aspects of the trial that will also be provided once the trial has started."

In the Phase 2 study design, approved by the US Food and Drug Administration (FDA) and the German regulator, glioblastoma patients will be treated in five different arms that will address questions of dosing and assess the contribution of the NOX-A12 and bevacizumab components to the overall efficacy of the combination therapy. TME Pharma will be able to optimize late phase development by selecting the best performing treatment arm against standard of care. The Phase 2 results will serve as a basis for discussions with regulatory authorities on the design of the further development strategy, up to market approval, and for discussions with potential partners, such as pharmaceutical companies.

BostonGene to Showcase Innovative Precision Medicine Strategies for Non-Small Cell Lung Cancer at the Advancing Precision Medicine Conference 2024

On October 31, 2024 BostonGene, a leading provider of AI-driven molecular and immune profiling solutions, reported its participation in the Advancing Precision Medicine (APM) Annual Conference 2024, taking place November 1-2, 2024, at the Pennsylvania Convention Center in Philadelphia (Press release, BostonGene, OCT 31, 2024, View Source [SID1234647622]).

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The APM Annual Conference brings together healthcare leaders—including geneticists, oncologists and bioinformaticians—for collaboration and networking in precision medicine. It serves as a vital platform for advancing personalized healthcare and innovative technologies.

Joe Lennerz, MD, PhD, Chief Scientific Officer at BostonGene, will participate in a panel discussion titled "Diagnosis to Treatment – A Case Study in Non-Small Cell Lung Cancer." The session, scheduled for November 1, from 9:00 AM to 10:20 AM, will outline a novel framework for expanding the impact of precision medicine in cancer care. The discussion will emphasize the adoption of NCCN guidelines and strategies to enhance accessibility beyond major cancer centers. It will also focus on leveraging network-based approaches to ensure that world-class diagnostics reach underserved and rural areas, ultimately aiming to reduce disparities in cancer outcomes.

"At APM 2024, we’re excited to explore practical solutions for expanding precision medicine’s reach in cancer care," said Dr. Lennerz. "This session will highlight how network-based approaches can improve diagnostic access in underserved areas, reducing treatment disparities and advancing precision medicine for all patients."

Visit the APM 2024 website for more information.