Actinium Announces Iomab-B Markedly Increases Long Term Survival in Patients 65 Years or Older with Active Relapsed or Refractory AML in the Phase 3 SIERRA Trial at the 2024 Tandem Meetings | Transplantation & Cellular Therapy Meetings of ASTCT® and CIBMTR

On February 26, 2024 Actinium Pharmaceuticals, Inc. (NYSE AMERICAN: ATNM) (Actinium or the Company), a leader in the development of targeted radiotherapies, reported new analyses from the positive Phase 3 SIERRA trial of Iomab-B in oral presentations at the at the 2024 Tandem Meetings | Transplantation & Cellular Therapy (TCT) Meetings of ASTCT (American Society for Transplantation and Cellular Therapy and CIBMTR (Center for International Blood and Marrow Transplant Research) (Press release, Actinium Pharmaceuticals, FEB 26, 2024, View Source [SID1234640466]). The presentations reported unprecedented 100% access to potentially curative bone marrow transplant (BMT) and engraftment in evaluable patients with active relapsed or refractory acute myeloid leukemia (r/r AML) and improved long-term survival outcomes greater than 2 years in patients age 65 or older. Patients with r/r AML age 65 and older who also have multiple comorbidities and high-risk cytogenetics have a poor prognosis are seldom offered BMT in current practice due to poor tolerance to induction and conditioning regimens and dismal outcomes. The SIERRA results presented at TCT demonstrate Iomab-B’s ability to overcome multiple high-risk features including a TP53 genetic mutation, advanced age and treatment resistant disease. The two oral presentations at this year’s TCT mark a total of ten oral presentations of the SIERRA results at various leading transplant, hematology and nuclear medicine conferences in the USA and Europe.

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Dr. Rajneesh Nath, Chief, Stem Cell Transplant, Cellular Therapy and Leukemia at Banner MD Anderson Cancer Center, said, "BMT physicians are eager to have treatment options for patients age 65 or older especially with high-risk factors like those enrolled in SIERRA study as this rapidly growing patient segment continues to have highly restrictive access to BMT due to poor outcomes. The SIERRA results show that Iomab-B targeted conditioning is well tolerated even in these patients with advanced age and multiple-comorbidities, providing access to potentially curative transplant for a substantially greater number of patients compared to the control arm. Patients receiving Iomab-B had significantly higher rates of complete remission as well as durable complete remission compared to the control arm. Most importantly, Iomab-B produced improved long-term survival outcomes as only the patients receiving Iomab-B achieved 1-year and 2-year survival. Iomab-B represents an important advancement in transplant conditioning and has the potential to address a significant unmet patient need."

Response Rates in Patients Age 65 and Above by Treatment Group

Iomab-B

(N=28)

Crossover

(N=17)

Control Arm

(N=9)

Achieved CR or CRp

19 (67.9 %)

9 (52.9 %)

3 (33.3 %)

Achieved durable CR

5 (17.9 %)

1 (5.9 %)

0 (0.0 %)

Overall Survival in Patients Age 65 and Above by Treatment Received

Iomab-B & Crossover

(N=45)

Control Arm

(N=9)

1-year survival

20.1 %

0.0 %

2-year survival

11.5 %

0.0 %

Sandesh Seth, Actinium’s Chairman and CEO, added, "SIERRA was a first of its kind trial to use targeted radiotherapy conditioning to enable potentially curative BMT in patients who are not typically considered for transplant in current practice. Importantly, SIERRA demonstrated superior outcomes with an Iomab-B led BMT to current standard of care in the control arm that included approved therapies targeting FLT3 and IDH mutations and venetoclax, a BCL-2 inhibitor. We are incredibly excited that Iomab-B led BMT improved outcomes across all major patient segments including patients with advanced age and comorbidities, treatment resistant disease and high-risk features including TP53 mutations, which are mostly associated with dismal outcomes. We also are highly encouraged by the strong continued receptivity for Iomab-B data from the SIERRA trial by key medical and scientific communities both in US and Europe and focused on making Iomab-B available to patients globally as quickly as possible."

About the TCT Tandem Meetings

The Tandem Meetings I Transplantation & Cellular Therapy Meetings of ASTCT and CIBMTR are the combined annual meetings of the American Society for Transplantation and Cellular Therapy (ASTCT) and the Center for International Blood & Marrow Transplant Research (CIBMTR). Administrators, clinicians, data manager / clinical research professionals, fellows-in-training, investigators, laboratory technicians, MD/PhDs, nurses, nurse practitioners, pharmacists, physician assistants, and other allied health professional attendees benefit from a full scientific program that addresses the most timely issues in hematopoietic cell transplantation and cellular therapy.

UroGen Pharma to Present at TD Cowen 44th Annual Health Care Conference

On February 26, 2024 UroGen Pharma Ltd. (Nasdaq: URGN), a biotech company dedicated to developing and commercializing innovative solutions that treat urothelial and specialty cancers, reported that it will present at TD Cowen’s 44th Annual Health Care Conference on Monday, March 4, 2024 at 1:30pm EST (Press release, UroGen Pharma, FEB 26, 2024, View Source [SID1234640463]).

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TD Cowen 44th Annual Health Care Conference – March 4-6, 2024
Presentation: March 4, 2024 at 1:30 PM ET
Location: Boston, MA
Webcast Link: TD Cowen 44th Annual Health Care Conference (wsw.com)

A webcast from the conference will also be available via the Investors section of UroGen’s website, www.urogen.com. A replay of the webcast will be available for approximately 90 days.

Tempest to Present at the 44th Annual TD Cowen Healthcare Conference

On February 26, 2024 Tempest Therapeutics, Inc. (Nasdaq: TPST), a clinical-stage biotechnology company developing first-in-classi targeted and immune-mediated therapeutics to fight cancer, reported that Stephen Brady, president and chief executive officer of Tempest, will present at the 44th Annual TD Cowen Healthcare Conference on Monday, March 4, 2024 at 9:10 a.m. ET (Press release, Tempest Therapeutics, FEB 26, 2024, View Source [SID1234640462]).

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To access the live or archived recording of the presentation, please visit the investor section of the Tempest website at View Source

Syndax Announces Participation at Two Upcoming Investor Conferences

On February 26, 2024 Syndax Pharmaceuticals (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 following sessions at two upcoming investor conferences (Press release, Syndax, FEB 26, 2024, View Source [SID1234640461]):

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A fireside chat at TD Cowen’s 44th Annual Health Care Conference at 9:50 a.m. ET on Monday, March 4, 2024 in Boston, MA
A corporate panel discussion on leukemia at TD Cowen’s 44th Annual Health Care Conference at 12:50 p.m. ET on Monday, March 4, 2024 in Boston, MA
A fireside chat at the Barclays Global Healthcare Conference at 8:30 a.m. ET on Tuesday, March 12, 2024 in Miami, FL
A live webcast of these sessions can be accessed from the Investor section of the Company’s website at www.syndax.com, where a replay will also be available for a limited time.

Rocket Pharmaceuticals Reports Fourth Quarter and Full Year 2023 Financial Results and Highlights Recent Progress

On February 26, 2024 Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT), a fully integrated, late-stage biotechnology company advancing a sustainable pipeline of genetic therapies for rare disorders with high unmet need, reported financial and operational results for the fourth quarter and year ended December 31, 2023 (Press release, Rocket Pharmaceuticals, FEB 26, 2024, View Source [SID1234640460]).

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"I am pleased with the strong results Rocket delivered in 2023, as we closed another successful year of progress across all six disclosed gene therapy programs spanning our AAV cardiovascular and LV hematology portfolios," said Gaurav Shah, M.D., Chief Executive Officer, Rocket Pharma. "We are well poised to make further strides in 2024, notably expanding our commercial and operational capabilities to support the anticipated launch of KRESLADI (marnetegragene autotemcel) for severe LAD-I, representing Rocket’s first step in making our gene therapies available to patients who need them most. At the same time, we are laser focused on regulatory filings in Fanconi Anemia and continuing to advance our clinical programs in Danon Disease, PKP2-ACM and PKD in the year ahead. As we close the quarter, Rocket continues to solidify our industry leadership in gene therapy across multiple therapeutic areas and platforms as we seek to meet the needs of patients living with rare and devastating diseases."

Recent Pipeline and Operational Updates


Milestones remain on track for 2024 across pipeline of adeno-associated virus (AAV) cardiovascular and lentiviral (LV) vector hematology portfolios. The Marketing Authorisation Application (MAA) and Biologics License Application (BLA) for Fanconi Anemia remain on track for filing with the European Medicines Agency (EMA) and U.S. Food and Drug Administration (FDA), respectively, in the first half of 2024. Rocket is also progressing its Phase 2 pivotal study of RP-A501 for Danon Disease, Phase 2 pivotal study of RP-L301 for Pyruvate Kinase Deficiency (PKD), Phase 1 study of RP-A601 for PKP2-arrhythmogenic cardiomyopathy (ACM), and IND-enabling studies for BAG3-associated dilated cardiomyopathy (DCM).


KRESLADITM for severe Leukocyte Adhesion Deficiency-I (LAD-I) on track for PDUFA date of June 30, 2024. Based on the positive top-line efficacy and safety data from the global Phase 1/2 study and high unmet need in patients with severe LAD-I, the FDA accepted the BLA and granted Priority Review for KRESLADITM. On February 13, 2024, Rocket announced the FDA extended the Priority Review period by three months, to June 30, 2024, to allow additional time to review clarifying Chemistry, Manufacturing, and Controls (CMC) information submitted by Rocket in response to FDA information requests. The FDA further confirmed that an advisory committee meeting is not needed. In support of its first product launch, Rocket continues to expand its commercial and operational infrastructure, including Qualified Treatment Center initiation, channel strategy, disease education, and payer engagement.


Published data from preclinical study of RP-A601 in PKP2-ACM. "AAV-Mediated Delivery of Plakophilin-2a Arrests Progression of Arrhythmogenic Right Ventricular Cardiomyopathy in Murine Hearts: Preclinical Evidence Supporting Gene Therapy in Humans" was published in Circulation: Genomic and Precision Medicine. Results from the study demonstrated the potential of RP-A601 as a gene therapy for patients with PKP2-ACM.


Bolstered commercial and operational expertise of Board of Directors with appointment of R. Keith Woods. Mr. Woods is a seasoned executive with more than 30 years of experience spanning commercialization, global operations, business strategy and supply chain. He recently served as Chief Operating Officer of argenx, where he led its global commercial organization, including marketing, market access, medical affairs, program management, and supply chain, during the company’s successful transition to commercial stage. Mr. Woods launched Vyvgart, a treatment for a rare autoimmune condition that causes muscle weakness, generating more than $1 billion in sales.

Upcoming Investor Conferences


Cowen’s 44th Annual Health Care Conference: March 5, 2024


Leerink Partners Global Biopharma Conference: March 12, 2024


Needham 23rd Annual Virtual Healthcare Conference: April 9, 2024

Fourth Quarter and Full Year 2023 Financial Results


Cash position. Cash, cash equivalents and investments as of December 31, 2023, were $407.5 million.


R&D expenses. Research and development expenses were $41.7 million and $186.3 million for the three and twelve months ended December 31, 2023, respectively, compared to $50.0 million and $165.6 million for the three and twelve months ended December 31, 2022, respectively. The increase in R&D expenses for the twelve months ended December 31, 2023, was primarily driven by increased compensation and benefits expense of $16.9 million due to increased R&D headcount, increased clinical trial costs of $14.5 million, and increased non-cash stock compensation expense of $5.0 million, offset by a decrease in manufacturing and development costs of $17.0 million.


G&A expenses. General and administrative expenses were $21.5 million and $73.3 million for the three and twelve months ended December 31, 2023, respectively, compared to $19.0 million and $58.8 million for the three and twelve months ended December 31, 2022, respectively. The increase in G&A expenses for the twelve months ended December 31, 2023, was primarily driven by increases in commercial preparation expenses which consists of commercial strategy, medical affairs, market development and pricing analysis of $8.4 million and increased non-cash stock compensation expense of $3.4 million.


Net loss.

Net loss was $59.7 million and $245.6 million or $0.64 and $2.92 per share (basic and diluted) for the three and twelve months ended December 31, 2023, compared to $66.7 million and $221.9 million or $0.92 and $3.26 per share (basic and diluted) for the three and twelve months ended December 31, 2022.


Shares outstanding.

90,282,267 shares of common stock were outstanding as of December 31, 2023.

Financial Guidance


Cash position. As of December 31, 2023, Rocket had cash, cash equivalents and investments of $407.5 million. Rocket expects such resources will be sufficient to fund its operations into 2026, including producing AAV cGMP batches at the Company’s Cranbury, N.J. R&D and manufacturing facility and continued development of its six clinical and/or preclinical programs.