2023 Annual Results Presentation

On March 11, 2024 GenScript reported its 2023 Annual Results Presentation (Presentation, GenScript, MAR 11, 2024, https://www.genscript.com/gsfiles/IPO/2023%20Annual%20Results.pdf?1153641870 [SID1234644733]).

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Modulus Discovery, Inc. To Change Its Name To Alivexis, Inc. On March 11, 2024

On March 11, 2024 Modulus Discovery, Inc (Headquartered in Chiyoda-ku, Tokyo; CEO S. Roy Kimura) reported that, effective March 11, 2024, the Company has changed its name to Alivexis, Inc (Press release, Modulus Discovery, MAR 11, 2024, View Source,Modulus%20Discovery%2C%20Inc.%20to%20Change%20Its%20Name%20to%20Alivexis%2C,its%20name%20to%20Alivexis%2C%20Inc. [SID1234644086]).

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Details】
● New company name: Alivexis, Inc.(URL:View Source;
● Date of change: March 11, 2024
*Please note that this change is limited to the company name; there will be no changes to the address or representatives.
*Concurrent with this name change, our subsidiary, Modulus Discovery, Inc. (Headquarters: 1 Broadway, 14th Floor, Cambridge, MA 02142; CEO S. Roy Kimura), will also be changing its name to Alivexis, Inc.

【Purpose of the Company Name Change】
Since its establishment in August 2016, we have committed to delivering groundbreaking pharmaceuticals efficiently to patients suffering from cancer, chronic immune and inflammatory diseases, and rare diseases, along with their families. Our mission has been to integrate insights into core biology, cutting-edge drug discovery platforms, and a global network-based research system to advance our unique portfolio of small molecule drug discovery projects and various research and development collaborations. Aiming to fulfill this social mission, we have been operating as a network-based drug discovery company, led by a team with extensive experience in drug discovery and computational science research within pharmaceutical and biotechnology companies, with bases in Tokyo and Boston.

As of March 2024, our strengths – (1) insights into core biology crucial to life and diseases, (2) a unique drug discovery platform, and (3) an attractive drug research pipeline – have been crystalized as clinical development candidates in three lead projects, with several more projects making significant progress into late-stage of lead optimization. Considering the substantial changes in the internal and external business environment since the company’s inception, we have changed the name of our company and its subsidiaries to "Alivexis" with the aim of further clarifying our social mission and focus areas for future business development.

【Origin of the new Company Name】
The new name "Alivexis" is a blend of "alive," signifying "life, living," "synthesis," representing "the combination of various elements to form a larger entity or concept," and "exis," meaning "to arise, to emerge." It was selected to reflect our hope that vibrant, healthy, and happy lives will emerge from our drug discovery platform and research and development activities.

【Our Mission Reinforced by Our New Identity】
Alivexis is dedicated to fostering healthier and more fulfilling lives by integrating cutting-edge drug discovery platforms, profound understanding of disease biology, and agile global business operations.

【CEO S. Roy Kimura’s Comments】
"I am thrilled to announce our new corporate name, Alivexis, which signifies the vitality of life emerging from our deep commitment and passion to deliver much needed medicines for patients and their families afflicted by various diseases. Over the last 6 years I have had the pleasure to be part of an exceptionally hard-working and talented team to accomplish what some initially thought impossible — rapidly discovering multiple novel high-value drug candidates starting from zero resources by leveraging our cutting-edge drug discovery platform. Our new name marks the beginning of the next stage in our evolution, growing from a platform-based drug discovery firm to a therapeutics driven company with a powerful platform and multiple programs nearing clinical trials. We continue to be excited about our mission to discover and deliver new medicines for patients in need around the globe.

Assertio Reports Fourth Quarter and Full Year 2023 Financial Results

On March 11, 2024 Assertio Holdings, a pharmaceutical company with comprehensive commercial capabilities offering differentiated products to patients, today reported financial results for the fourth quarter and full year ended December 31, 2023 (Press release, Assertio Holdings, MAR 11, 2024, View Source [SID1234643722]).

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Adicet Bio to Participate in a Fireside Chat at the H.C. Wainwright 2nd Annual Cell Therapy Virtual Conference

On March 11, 2024 Adicet Bio, Inc. (Nasdaq: ACET), a clinical stage biotechnology company discovering and developing allogeneic gamma delta T cell therapies for autoimmune diseases and cancer, reported that Chen Schor, President and Chief Executive Officer, will participate in a fireside chat at the H.C. Wainwright 2nd Annual Cell Therapy Virtual Conference being held March 26, 2024 (Press release, Adicet Bio, MAR 11, 2024, View Source [SID1234641042]).

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Details of the event are as follows:

Date: Tuesday, March 26, 2024
Time: 10:30 a.m. ET

The live audio webcast of the presentation can be accessed on the Investors section of Adicet Bio’s website at View Source An archived replay will be available for 30 days following the presentation.

Calidi Biotherapeutics and City of Hope Announce Funding from the California Institute for Regenerative Medicine (CIRM) to Advance CLD-101 (NeuroNova) in Ovarian Cancer

On March 11, 2024 Calidi Biotherapeutics Inc. (NYSE American: CLDI) ("Calidi"), a clinical-stage biotechnology company developing a new generation of targeted oncolytic virotherapies, and City of Hope, one of the largest cancer research and treatment organizations in the United States, today jointly reported that the California Institute for Regenerative Medicine (CIRM) has awarded Karen Aboody, M.D., City of Hope professor in the Department of Stem Cell Biology and Regenerative Medicine and Division of Neurosurgery, a $5.3 million grant to fund preclinical translational studies, product manufacturing, and clinical trial design using Calidi’s licensed oncolytic virotherapy product, CLD-101, in patients with chemo-resistant, metastatic ovarian cancer (Press release, Calidi Biotherapeutics, MAR 11, 2024, View Source [SID1234641041]). CLD-101 is the lead therapeutic candidate in Calidi’s NeuroNova program, comprising tumor-tropic neural stem cells (NSCs) that deliver an oncolytic adenovirus (NSC-CRAd-S-pk7) selectively to tumor sites.

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Aboody and her team have been key collaborators with Calidi over the past four years, and Calidi’s knowledge and expertise has enhanced key attributes of the CLD-101 program, in particular Calidi’s next generation manufacturing process and potency optimization, leading to higher yields and improved oncolytic activity of the CLD-101 product for use in high-grade glioma, and now ovarian cancer. This proposed CLD-101 treatment utilizes a neural stem cell line to deliver an oncolytic adenovirus directly to abdominal ovarian tumor sites. The virus infects and kills the tumor cells, even if they are chemo-resistant, which then stimulates the patient’s immune system to infiltrate, recognize, and fight the tumor. In collaboration with Calidi, Aboody will lead the groundbreaking work.

"We are delighted to receive this financial support from CIRM, which enables us to complete the preclinical translational studies, product manufacturing, and clinical trial design needed for FDA approval to move this novel treatment to ovarian cancer patients within two to three years. This CIRM grant will allow us to further utilize Calidi’s manufacturing processes, which we believe will optimize the potency of the CLD-101 oncolytic virotherapy treatment product, and improve clinical outcomes for women with stage III ovarian cancer," said Aboody.

"This is the third grant from CIRM supporting the development of Calidi’s assets, further validating our novel cell therapy platforms and their versatility for multiple cancer indications," said Allan Camaisa, CEO and Chairman of the Board of Calidi Biotherapeutics. "We have been focused on enhanced cell manufacturing processes and providing novel options to patients with a variety of serious cancers, and we are grateful for the continued support from CIRM, as we advance our clinical programs."

In July 2023, Calidi announced the dosing of the first patient in a City of Hope Phase 1 clinical trial evaluating CLD-101 in recurrent high-grade glioma patients. The company expects to provide a clinical update in the first half of 2024. Additionally, a previously completed Phase 1 dose escalation trial assessed the safety of a single dose of CLD-101 administered into the walls of the surgical resection cavity, in newly diagnosed high-grade glioma patients. In this trial, CLD-101 demonstrated safety and the stimulation of an anti-tumor response, with results published in Lancet Oncology.

For more information about this trial, click here or contact [email protected] or (626) 218-4062.

Aboody has financial interest in and is a paid advisory board member for Calidi Biotherapeutics.

About CLD-101

The CLD-101 platform, which includes NSC-CRAd-S-pk7, is an allogeneic, "off-the-shelf" therapy comprised of an immortalized NSC line loaded with an engineered oncolytic adenovirus. In High Grade Glioma brain cancer patients, upon surgical resection of tumor, NSC-CRAd-S-pk7 is injected into the walls of the resection cavity. The anti-cancer virus it releases is expected to infect and kill any remaining tumor cells, which is also postulated to stimulate a tumor-specific immune response from the patient. Calidi holds an exclusive worldwide licensing agreement covering the NSC-CRAd-S-pk7 technology.