BetaGlue® Secures €10m EIC Accelerator Award

On March 4, 2024 BetaGlue Technologies S.p.A. ("BetaGlue" or the "Company") a clinical stage company developing novel medical device products in the field of loco-regional radiotherapy to treat solid tumour cancers called ‘BAT-90’, reported that it has been successful in its application for a €10m EIC Accelerator award.

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The European Innovation Council (EIC) Accelerator program is the most competitive of its kind in Europe.
For the November 2023 cut-off just 42 of 1,083 (~4%) applicants were successful.
The application process includes a detailed written submission, and then if short-listed, face-to-face cross-examination by a highly experienced jury panel.
The €10m award consists of a €2.5m grant component and a €7.5m equity component. The capital will be used to further advance the clinical development of the BAT-90 platform in multiple solid tumour cancer indications.

"The rigorous EIC Accelerator review process involves a high degree of technical and commercial scrutiny. Our success is testament to the clinical and commercial impact potential of our platform technology, and moreover, to the world-class executive team that have made this tremendous accomplishment" said Dr Colin Story, CEO.

(Press release, BetaGlue Technologies, MAR 4, 2024, View Source [SID1234661235])

Proen Therapeutics Attracts Strategic Investment from Korea Kolmar Holdings

On March 4, 2024 Proen Therapeutics, a company specializing in the development of new anticancer drugs, reported that it has completed a strategic investment from global beauty and bio-healthcare company Korea Kolmar Holdings (Press release, ProEn Therapeutics, MAR 4, 2024, View Source;bmode=view&idx=19525174&t=board [SID1234649258]). Both parties agreed not to disclose the investment amount.

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This investment was conducted in an open innovation program jointly hosted by Korea Kolmar Holdings and the Hongneung Gangseo Special Zone Business Group to support the discovery of promising companies and investment activation by evaluating their technological prowess, marketability, and potential for follow-up collaboration, and Proen Therapeutics was selected as a result.

Proen Therapeutics is a company that has competitiveness in the development of antibody functional parts among antibody-drug conjugate (ADC) new drug development companies that have recently been receiving increasing attention worldwide.

The company’s ‘ArtBodyTM’ technology, a platform technology that develops cancer antigen-specific binding proteins optimized for ADCs, is a technology that can significantly improve toxicity to normal cells and tissues, which is a limitation of existing antibody-based ADCs. It is Proen Therapeutics’ exclusive platform technology that maximizes the selective binding characteristics of cancer cells.

As part of its strategic investment and open innovation cooperation, Korea Kolmar Holdings will continue to pursue joint development projects between its affiliates HK inno.N and Proen Therapeutics. As a top priority, it signed a joint development contract for a CAR-T new drug for the treatment of solid cancer.

Proen Therapeutics CEO Lee Il-han said, "Through this strategic investment and joint research agreement, we expect to discover competitive candidate substances and accelerate R&D through the synergy effects of the technologies owned by both companies."

DB007 enters animal efficacy studies

On March 4, 2024 DotBio reported its lead candidate, DB007, has begun animal efficacy studies (Press release, DotBio, MAR 4, 2024, View Source [SID1234646740]). DB007 is a tri-specific antibody designed to reinvigorate exhausted immune cells to fight cancer more effectively. This study was conducted in the Agency for Science, Technology and Research (A*STAR).

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A2 Bio Receives FDA Orphan Drug Designation for Novel Cell Therapy Program A2B530 in Colorectal Cancer

On March 4, 2024 A2 Biotherapeutics, Inc. (A2 Bio), a clinical-stage cell therapy company developing first-in-class logic-gated cell therapies, reported that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation to A2B530 for the treatment of germline heterozygous HLA-A*02(+) patients with colorectal cancer that expresses carcinoembryonic antigen (CEA) and has lost HLA-A*02 expression (Press release, A2 Biotherapeutics, MAR 4, 2024, View Source [SID1234640748]).

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A2B530 is the first autologous logic-gated cell therapy developed from A2 Bio’s proprietary TmodTM platform. The Tmod platform utilizes a dual-receptor design consisting of an activator that targets tumor cells and a blocker that protects normal cells. This novel design is aimed at tackling the fundamental challenge in solid tumor cancer medicines – the ability to selectively kill tumor cells and protect normal cells. A2B530 consists of an activator that targets CEA and a blocker that targets HLA-A*02.

Enrollment is ongoing in EVEREST-1 (NCT05736731), a seamless Phase 1/2 study to evaluate safety and efficacy of A2B530 in colorectal, pancreatic and non-small cell lung cancers.

"The FDA granting Orphan Drug Designation validates the tremendous unmet need for improved therapies for patients with colorectal cancer," said William Go, M.D., Ph.D, Chief Medical Officer of A2 Bio. "This designation supports our commitment to use our novel technology platform to develop new treatment options for patients with difficult-to-treat cancers."

FDA Orphan Drug Designation incentivizes the development of innovative drugs and biologics for the safe and effective treatment of rare diseases and conditions that affect fewer than 200,000 people in the United States. Orphan Drug Designation qualifies A2 Bio for certain development incentives related to the A2B530 clinical program, including tax credits for clinical trials, prescription drug user fee exemptions and potentially up to seven years of market exclusivity upon regulatory approval.

Biomunex Signs Exclusive Licensing Agreement With Institut Curie to Develop MAIT Engagers, a New Class of Bispecific Antibodies in Immuno-oncology

On March 4, 2024 Biomunex Pharmaceuticals, a French biopharmaceutical company specialized in the development of cutting-edge therapies through the discovery and development of bi- and multi-specific antibodies for the treatment of cancer, reported the signature of an exclusive license and exploitation agreement with Institut Curie (Press release, BIOMUNEX Pharmaceuticals, MAR 4, 2024, View Source [SID1234640747]). This agreement covers the development of a new class of antibodies, capable of specifically targeting and engaging MAIT cells to kill cancer cells. Biomunex, which was already co-inventor and a 50% co-owner of this unique innovative approach, now holds full worldwide rights.

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First identified and described in 1999 by Dr. Olivier Lantz, Director of the Clinical Immunology Laboratory at Institut Curie and scientific advisor to Biomunex, MAIT cells are a subpopulation of non-conventional T cells found throughout the body, particularly in mucosal and barrier tissues. MAIT cells are potent cytotoxic T cells capable of proliferating, migrating and infiltrating solid tumors.

Biomunex’s objective is to use these unique properties to develop MAIT engagers, a new class of antibodies capable of redirecting MAIT lymphocytes to eliminate cancer cells and induce the destruction of tumors, particularly solid tumors, while significantly reducing "dose-limiting" toxicity. This novel approach should also reduce the risk of cytokine release syndrome1, a serious adverse event often observed in immunotherapies based on T cell redirection targeting CD3, which are widely used today in cancer treatment.

In addition, MAIT cells present the MDR-12 protein on their surface, providing them with a natural resistance to some major chemotherapies. This property could enable the combination of MAIT engagers with chemotherapy, or their use directly before or after treatment: a key advantage compared with other T cell engagers.

This new approach has been developed through several collaborations with the Cancer Immunotherapy Center (Institut Curie, Inserm) headed by Dr. Sebastian Amigorena, Biomunex’s scientific advisor, and Dr. Olivier Lantz’s team at Institut Curie.

Building on its collaboration with Institut Curie, France’s first and leading cancer research center, and its advanced work on MAIT cells, Biomunex should soon initiate a Phase 1 clinical trial for the evaluation of its first MAIT engager in the treatment of solid tumors with a high unmet medical need, and in which MAIT cells are particularly present (e.g. colorectal, liver, gastric, lung, esophageal cancers, etc.). Biomunex currently develops two MAIT engager programs in preclinical stage with several others in discovery. Biomunex is currently expanding this approach in several directions (e.g. novel antibodies targeting MAIT cells, trispecific engagers, etc.).

"We are very pleased to announce the signing of this major agreement with Institut Curie, a leading institute in global oncology research and a major historical partner of Biomunex", said Dr. Pierre-Emmanuel Gerard, Founder and CEO of Biomunex. Dr. Simon Plyte, Chief Scientific Officer of Biomunex, added: "This agreement positions Biomunex as the world’s leading player in the disruptive field of MAIT engagers, based on the unique BiXAb best-in-class bi- and multi-specific antibody platform."

"The development of new immunotherapy approaches in oncology has become a key challenge if we are to provide an answer to the millions of cancer patients for whom standard treatments can no longer do anything," continued Dr. Sebastian Amigorena. "The research performed at Institut Curie has led to a major discovery which now opens up promising new therapeutic options. This agreement will enable Biomunex to initiate clinical development to harness the unique properties of MAIT cells and thus bring to life this breakthrough therapies for the benefit of patients", concluded Dr. Olivier Lantz.