Reata Pharmaceuticals, Inc. Announces Pricing of Class A Common Stock Offering

On December 1, 2020 Reata Pharmaceuticals, Inc. (Nasdaq: RETA) ("Reata" or the "Company"), a clinical-stage biopharmaceutical company, reported that it has priced a public offering of 2,000,000 shares by the Company of its Class A common stock at a price to the public of $140.85 per share, for gross proceeds of $281.7 million (Press release, Reata Pharmaceuticals, DEC 1, 2020, View Source(Nasdaq%3A%20RETA)%20(%E2%80%9C,gross%20proceeds%20of%20%24281.7%20million. [SID1234572087]). Reata has granted the underwriters a 30-day option to purchase 300,000 additional shares of its Class A common stock, on the same terms and conditions as the shares offered in the public offering. The offering is expected to close on or about December 4, 2020, subject to customary closing conditions.

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Barclays Capital Inc. and Goldman Sachs & Co. LLC are acting as joint book-running managers.

The securities described above are being offered pursuant to an effective shelf registration statement on Form S-3. The offering may be made only by means of a written prospectus and prospectus supplement that form a part of the registration statement. A final prospectus supplement and accompanying prospectus relating to the offering will be filed with the Securities and Exchange Commission (the "SEC") and will be available on the SEC’s website at www.sec.gov. Copies of the final prospectus supplement and the accompanying prospectus, when available, may also be obtained by request at Barclays Capital Inc., Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone: 1-888-603-5847, or by emailing [email protected]; or Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing [email protected].

This news release is for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any state or jurisdiction in which such offer, solicitation or sale of these securities would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Lixte Biotechnology Holdings, Inc. Announces Closing of Public Offering and Uplisting to Nasdaq

On December 1, 2020 Lixte Biotechnology Holdings, Inc. ("Lixte" or the "Company") (Nasdaq: Common stock – LIXT; Warrants – LIXTW), a drug discovery company that uses biomarker technology to identify enzyme targets associated with cancer and other serious common diseases and then designs novel compounds to attack those targets, reported that it closed a public offering of 1,200,000 units of securities at an offering price of $4.75 per unit for total gross proceeds of $5.7 million, before deducting underwriting discounts and commissions and other estimated offering expenses and before any exercise of the underwriters’ overallotment option (Press release, Lixte Biotechnology, DEC 1, 2020, View Source [SID1234572074]). Each unit consists of one share of common stock and one warrant to purchase one share of common stock at an exercise price of $5.70 per share. In addition, Lixte has granted the underwriters a 45-day option to purchase up to 180,000 additional shares of the Company’s common stock and/or up to 180,000 additional warrants to purchase shares of the Company’s common stock, or any combination thereof, to cover overallotments, if any.

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The shares and warrants were immediately separable, were issued separately, and began trading on The Nasdaq Capital Market on Wednesday, November 25, 2020, under the symbols "LIXT" and "LIXTW", respectively.

WestPark Capital, Inc. and WallachBeth Capital, LLC acted as the joint book-running managers for the offering. TroyGould PC acted as the Company’s legal counsel and Sheppard, Mullin, Richter & Hampton, LLP acted as legal counsel for the joint book-running managers.

Zai Lab Appoints Alan Sandler, M.D., as President, Head of Global Development, Oncology

On December 1, 2020 Zai Lab Limited ("Zai Lab") (NASDAQ: ZLAB; HKEX: 9688), an innovative commercial-stage biopharmaceutical company, reported the appointment of Alan Sandler, M.D., to the newly created position of President, Head of Global Development, Oncology, where he will lead global oncology development and related enabling functions to support the Company’s development activities (Press release, Zai Laboratory, DEC 1, 2020, View Source [SID1234572071]). Dr. Sandler was most recently the Senior Vice President and Global Head of Product Development Oncology at Genentech, a member of the Roche Group. He will report to Dr. Samantha Du, Chief Executive Officer, and serve on the executive team.

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"We are delighted to welcome Alan to Zai Lab as we continue to expand globally and strengthen our R&D leadership," said Dr. Samantha Du, Founder, Chairwoman and CEO of Zai Lab. "Throughout his distinguished career, Alan has made significant contributions as a respected leader in the oncology community, both in industry and through his clinical practice and academic research. Alan has played a key role in the development of many innovative oncology therapies. We look forward to his leadership of our oncology franchise as we advance towards our goal of becoming a leading global biopharma company."

"I’m very excited to be joining Zai Lab, given its robust pipeline of innovative clinical compounds," said Dr. Sandler. "I look forward to accelerating the development of Zai’s extensive and differentiated pipeline of oncology compounds, guide them through regulatory review, and bring them as quickly as possible to patients in need in China and around the world. I am also excited about working to identify additional product candidates to further expand Zai’s oncology portfolio."

Dr. Sandler brings nearly 30 years of oncology and drug development experience across industry and academia. During his tenure at Genentech/Roche, he led the teams responsible for the global development and regulatory approval of several innovative medicines, most recently Tecentriq. Prior to joining Genentech/Roche, Dr. Sandler served as Professor and Chief of Hematology/Oncology at Oregon Health and Science University. Previously, he served on the faculties of the medical schools of Indiana University and Vanderbilt University. He holds a Doctor of Medicine degree from Rush Medical College. Dr. Sandler completed his training in internal medicine and a fellowship in medical oncology at Yale-New Haven Medical Center. He has published over 300 peer-reviewed publications, articles, abstracts and book chapters.

Step Pharma to present a poster on STP938 at American Society of Hematology conference

On December 1, 2020 Step Pharma SAS, in collaboration with Sygnature Discovery, reported that it has been selected to present a poster named "STP938, a Novel, Potent and Selective Inhibitor of CTP Synthase 1 (CTPS1) Is a Targeted Therapy Specifically Blocking De Novo Nucleotide Synthesis in Lymphomas and Leukemias" at the American Society of Hematology (ASH) (Free ASH Whitepaper) conference starting December 5th (Press release, Step Pharma, DEC 1, 2020, View Source [SID1234572070]).

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Dana-Farber to present more than 40 research studies at 2020 ASH Annual Meeting

On December 1, 2020 Dana-Farber Cancer Institute researchers reported that it will present more than 40 research studies at the virtual 62nd American Society of Hematology (ASH) (Free ASH Whitepaper) Annual Meeting on December 5-8, including two studies that were selected for inclusion in the official press program (Press release, Dana-Farber Cancer Institute, DEC 1, 2020, View Source [SID1234572069]). Dana-Farber is home to one of the largest and most respected treatment centers for patients with disorders of the blood and bone marrow. ASH (Free ASH Whitepaper) is the world’s most comprehensive hematology event, attracting more than 25,000 hematology professionals from around the world.

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Scientific updates to be presented at ASH (Free ASH Whitepaper) reveal potentially practice changing findings related to stem cell transplant, lymphoma, leukemia, and multiple myeloma treatment. Notable oral presentations by Dana-Farber researchers include:

Title: A multi-center biologic assignment trial comparing reduced intensity allogeneic hematopoietic cell transplantation to hypomethylating therapy or best supportive care in patients aged 50-75 with advanced myelodysplastic syndrome: Blood and marrow transplant clinical trials network study 1102*

Abstract: 75

Presenter: Corey Cutler, MD, MPH, FRCPC

Press Program Time: Friday, Dec. 4, 9:30 a.m. PST / 12:30 p.m. EST

Session Time: Saturday, Dec. 5, 7:30 a.m. PST / 10:30 a.m. EST

Recent advances in the treatment of myelodysplastic syndrome (MDS) have improved patient survival and quality of life, while reducing transfusion burden. However, allogeneic hematopoietic cell transplantation (HCT), widely used in younger MDS patients, remains the only curative therapy for MDS. While transplantation outcomes among selected older patients with MDS are similar to younger patients with MDS, early transplantation for older patients is infrequently offered since the relative benefits of HCT over non-HCT therapy have not been well defined in this patient group. This multi-center, biologic assignment trial in older individuals with high risk MDS defines the benefit of HCT over non-HCT therapy.

Title: DNMT3A clonal hematopoiesis in older donors is associated with improved survival in recipients after allogeneic hematopoietic cell transplant

Abstract: 80

Presenter: Christopher Gibson, MD

Session Time: Saturday, Dec. 5, 8:45 a.m. PST / 11:45 a.m. EST

Clonal hematopoiesis (CH) is an age-related condition in which somatic mutations can be detected in the blood of healthy individuals. In the non-transplant setting, CH is associated with an elevated risk of developing hematologic malignancy and an increased risk of non-hematologic outcomes due to altered inflammatory signaling. During hematopoietic cell transplantation (HCT), CH in older donors can engraft in recipients and could therefore influence outcomes through effects on graft immunologic function or by causing donor cell leukemia. A definitive link between donor CH and recipient outcomes has not been established. Dana-Farber researchers evaluated the impact of CH in donors aged 40 years or older on recipient clinical outcomes in 1,727 donor-recipient pairs.

Title: Safety and efficacy of adding venetoclax to reduced intensity conditioning chemotherapy prior to allogeneic hematopoietic cell transplantation in patients with high risk myeloid malignancies

Abstract: 190

Presenter: Jacqueline S. Garcia, MD

Session Time: Saturday, Dec. 5, 12:15 p.m. PST / 3:15 p.m. EST

The outcomes for patients with myeloid malignancies who relapse after allogeneic hematopoietic cell transplantation (HCT) is poor, and relapse occurs more frequently for those with high-risk mutations or cytogenetics. The oral selective BCL-2 inhibitor and BH3 mimetic venetoclax increases mitochondrial apoptotic priming, even in chemoresistant myeloblasts. Reasoning that venetoclax would selectively increase the anti-leukemic effect of HCT conditioning chemotherapy without undue toxicity, this study evaluated the safety and efficacy of adding venetoclax to fludarabine and busulfan reduced intensity conditioning chemotherapy. Dana-Farber researchers report on the completed dose-escalation and expansion cohorts from the phase 1 trial.

Title: Prognostic value of circulating tumor DNA (ctDNA) in autologous stem cell graft and post-transplant plasma samples among patients with diffuse large B-Cell lymphoma

Abstract: 531

Presenter: Reid Merryman, MD

Session Time: Monday, Dec. 7, 7:15 a.m. PST / 10:15 a.m. EST

While autologous stem cell transplantation (ASCT) can be curative for patients with relapsed or refractory diffuse large B-cell lymphoma (DLBCL), relapse remains common. With the emergence of novel effective therapies, it is even more important to identify patients at high risk of treatment failure who may not benefit from ASCT, and patients with impending post-ASCT relapse who may be candidates for pre-emptive interventions. Researchers assembled cohorts of DLBCL patients who underwent ASCT and had apheresis stem cell samples or serially collected post-ASCT peripheral blood mononuclear cell and plasma samples. Researchers hypothesized that circulating tumor DNA identified using immunoglobulin-based next generation sequencing in apheresis stem cell or peripheral blood samples could predict relapse.

Title: Safety, Efficacy, and patient-reported outcomes of venetoclax in combination with azacitidine for the treatment of patients with higher-risk myelodysplastic syndrome: A phase 1b study

Abstract: 656

Presenter: Jacqueline S. Garcia, MD

Session Time: Monday, Dec.7, 12:15 p.m. PST / 3:15 p.m. EST

Hypomethylating agents form the current standard treatment for patients with higher-risk myelodysplastic syndrome who are not eligible for allogeneic hematopoietic stem cell transplantation (HSCT). However, overall response rates remain low in patients receiving azacitidine, and median overall survival is reported as ~15 months. In addition, there are few data on patient-reported outcomes published in this population while on treatment. Venetoclax is a selective, potent, orally bioavailable BCL-2 inhibitor, which has demonstrated synergy with hypomethylating agents in preclinical studies of higher-risk myelodysplastic syndrome. From an ongoing, open-label, dose-escalation, Phase 1b study evaluating venetoclax and azacitidine for the treatment of treatment-naïve higher-risk MDS, researchers report the updated safety and efficacy in all treated patients and the exploratory analysis of key patient-reported outcomes in patients who received the recommended Phase 2 dose (RP2D).

Title: Primary analysis of ZUMA-5: A phase 2 study of axicabtagene ciloleucel (axi-cel) in patients with relapsed/refractory (R/R) indolent non-Hodgkin lymphoma (iNHL)*

Abstract: 700

Presenter: Caron Jacobson, MD, MMSc

Press Program Time: Saturday, Dec. 5, 9:30 a.m. PST / 12:30 p.m. EST

Session Time: Monday, Dec. 7, 1:30 p.m. PST / 4:30 p.m. EST

Patients with advanced-stage indolent non-Hodgkin lymphoma, including follicular lymphoma and marginal zone lymphoma, frequently relapse with standard treatment, underscoring a need for novel therapies. Axi-cel autologous anti-CD19 chimeric antigen receptor (CAR) T cell therapy is approved for the treatment of relapsed/refractory large B cell lymphoma after more than two lines of systemic therapy. Dana-Farber will present the primary analysis of ZUMA-5, a Phase 2, multicenter, single-arm study of axi-cel in patients with relapsed/refractory indolent non-Hodgkin lymphoma.