Entry Into a Material Definitive Agreement

On November 26, 2018, Idera Pharmaceuticals, Inc. (the "Company") reported that it has entered into an Equity Distribution Agreement (the "Agreement") with JMP Securities LLC ("JMP"), pursuant to which the Company may issue and sell shares of its common stock, $0.001 par value per share, having an aggregate offering price of up to $50,000,000 (the "Shares") through JMP as its agent (Press release, Idera Pharmaceuticals, NOV 26, 2018, View Source [SID1234531639]).

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Subject to the terms and conditions of the Agreement, JMP will use its commercially reasonable efforts to sell the Shares from time to time, based upon the Company’s instructions, by methods deemed to be an "at the market offering" as defined in Rule 415(a)(4) promulgated under the Securities Act of 1933, as amended (the "Securities Act"), or if specified by the Company, by any other method permitted by law, including but not limited to in negotiated transactions. The Company or JMP may suspend or terminate the offering of Shares upon notice to the other party and subject to other conditions.

The Company has agreed to pay JMP commissions for its services in acting as agent in the sale of the Shares in the amount of 3.0% of gross proceeds from the sale of the Shares pursuant to the Agreement. The Company also has agreed to provide JMP with customary indemnification and contribution rights.

The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement, which is attached hereto as Exhibit 1.1 and incorporated by reference herein.

Morgan, Lewis & Bockius LLP, counsel to the Company, has issued a legal opinion relating to the legality of the issuance and the sale of the Shares. A copy of such legal opinion, including the consent included therein, is attached as Exhibit 5.1 hereto.

The Shares to be sold under the Agreement, if any, will be issued and sold pursuant to the Company’s Registration Statement on Form S-3 (File No. 333-219851), previously filed with the Securities and Exchange Commission ("SEC") on August 10, 2017, amended September 1, 2017 and September 8, 2017, and declared effective by the SEC on September 8, 2017. A prospectus supplement related to the offering is being filed with the SEC on November 26, 2018. This Current Report on Form 8-K shall not constitute an offer to sell or the solicitation of an offer to buy the Shares nor shall there be any sale of the Shares in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

G1 Therapeutics Announces Positive Myelopreservation Data from Randomized, Double-Blind, Placebo-Controlled Phase 2 Trial of Trilaciclib in Combination with Chemotherapy/Tecentriq® in First-Line Small Cell Lung Cancer

On November 26, 2018 G1 Therapeutics, Inc. (Nasdaq: GTHX), a clinical-stage oncology company, reported positive topline data from its randomized, double-blind, placebo-controlled Phase 2 trial evaluating trilaciclib in combination with chemotherapy and the checkpoint inhibitor Tecentriq (atezolizumab) as a treatment for 1L SCLC (Press release, G1 Therapeutics, NOV 26, 2018, View Source [SID1234531637]). Trilaciclib is a first-in-class myelopreservation therapy designed to improve outcomes of patients who receive chemotherapy by preserving hematopoietic stem and progenitor cell (HSPC) and immune system function.

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"The robust multi-lineage myelopreservation benefits of trilaciclib shown in this trial confirm the results we observed in our earlier trial in first-line small cell lung cancer," said Raj Malik, M.D., Chief Medical Officer and Senior Vice President, R&D. "Trilaciclib may also extend overall survival in patients receiving chemotherapy and Tecentriq, and we expect to report those data when available."

Key Multi-Lineage Myelopreservation Findings

Data from this randomized, double-blind, placebo-controlled Phase 2 trial demonstrated that trilaciclib reduced clinically relevant consequences of myelosuppression versus placebo when administered in combination with chemotherapy (etoposide and carboplatin) and Tecentriq across three lineages: neutrophils, red blood cells (RBCs) and platelets. Lymphocyte subset analyses are ongoing. Trilaciclib was well tolerated, with no Grade 4 trilaciclib-related treatment emergent adverse events (TEAEs) reported.

Key hematological results from the trilaciclib/chemotherapy/Tecentriq trial are shown in the table below, along with data from the company’s previously reported Phase 2 trial that evaluated trilaciclib in combination with the same chemotherapy regimen for treatment of 1L SCLC.

Endpoint
Trilaciclib or Placebo +

Chemo/Tecentriq

Trilaciclib or Placebo + Chemo

Placebo

N=53


Trilaciclib

N=54

%
Reduction P-value
Placebo

N=37


Trilaciclib

N=38

%
Reduction P-value
Neutrophils

Mean duration in days of severe neutropenia in cycle 1 (SD)* 4
(4.7)

0
(1.0)

100.0 % <0.0001** 3
(3.9)

0
(0.5)

100.0 % 0.0003
Pts w Grade 4 neutropenia* 26
(49.1%)

1
(1.9%)

96.1 % <0.0001** 16
(43.2%) 2
(5.3%)

87.7 % 0.0001
Pts w G-CSF administration 25
(47.2%)

16
(29.6%)

37.3 % 0.0686 24
(64.9%) 4
(10.5%)

83.8 % <0.0001
Number of G-CSF administrations per cycle 0.28 0.149 46.8 % 0.0135 0.44 0.07 84.1 % <0.0001
Pts w febrile neutropenia 3
(5.7%)

1
(1.9%)

66.7 % 0.3105 3
(8.1%)

1
(2.6%)

67.9 % 0.2773
RBCs

Pts w Grade 3/4 anemia 15
(28.3%) 10
(18.5%)

34.6 % 0.3243 7
(18.9%)

4
(10.5%)

44.4 % 0.2879
RBC transfusions on/after 5 weeks on study 11
(20.8%)

7
(13.0%)

37.5 % 0.2671 8
(21.6%)

2
(5.7%)

73.6 % 0.0615
Platelets

Pts w Grade 3/4 thrombocytopenia 20
(37.7%) 1
(1.9%)

95.0 % 0.0026 5
(13.5%)

4
(10.5%)

22.2 % 0.6888
Pts w Grade 4 thrombocytopenia 9
(17.0%) 0
(0.0%)

100.0 % 0.0017 0
(0.0%)

0
(0.0%)

NE NE
Pts w chemo dose reductions 14
(26.4%) 3
(5.6%)

78.8 % 0.0127 13
(35.1%) 3
(7.9%)

77.5 % 0.0033
Pts w Grade 3/4 hematologic TEAEs 38
(71.7%)

19
(36.5%)+

49.1 % 0.0016 27
(73.0%) 9
(23.7%)

67.5 % <0.0001
*
Primary endpoint in trilaciclib/chemotherapy/Tecentriq trial

Adjusted for multiplicity with one-sided significance level set at 0.025 by design; all other p-values are two-sided

+
52 patients were included in the safety population; 2 randomized patients did not receive treatment

Preliminary Anti-Tumor Efficacy Findings

Trilaciclib’s potential to preserve immune system function during chemotherapy may enhance overall survival (OS) in this trial. OS data are immature and will be reported when available.

There was no statistical difference between the trilaciclib and placebo groups in overall response rate (ORR) (trilaciclib 56.0%, placebo 63.5%) and median duration of response (DOR) (trilaciclib 5.2 months, placebo 4.2 months). Preliminary median progression-free survival (PFS) was 5.7 months for trilaciclib versus 5.4 months for placebo (hazard ratio 0.74, p=0.3025; less than 80% of events).

"We now have positive myelopreservation results from two randomized trials of trilaciclib in first-line small cell lung cancer, and later this year will report findings from two additional trials in different indications, metastatic triple-negative breast cancer and second-/third-line small cell lung cancer," said Mark Velleca, M.D., Ph.D., Chief Executive Officer. "We plan to request meetings with U.S. and European regulatory agencies in early 2019 to discuss the totality of our clinical data and potential pathways to approval."

Trial Design

This randomized, double-blind, placebo-controlled trial enrolled participants with a confirmed diagnosis of extensive-stage 1L SCLC. The trial randomized 107 treatment-naïve patients in a 1:1 ratio. Patients with ECOG Performance Status of 0-2 and asymptomatic brain metastases were eligible. All patients received a chemotherapy regimen of etoposide and carboplatin plus the checkpoint inhibitor Tecentriq (up to four cycles), followed by Tecentriq maintenance therapy. Patients were randomized to receive trilaciclib or placebo administered intravenously prior to each dose of chemotherapy.

Participants in both trial arms were able to receive standard supportive care as recommended by the clinical investigator. Growth factors, including granulocyte colony-stimulating factor (G-CSF) and erythropoietin, were available per American Society of Clinical Oncology (ASCO) (Free ASCO Whitepaper) guidelines.

About Trilaciclib

Trilaciclib is a first-in-class myelopreservation therapy designed to improve outcomes of patients who receive chemotherapy by preserving hematopoietic stem and progenitor cell (HSPC) and immune system function. Trilaciclib is a short-acting intravenous CDK4/6 inhibitor administered prior to chemotherapy.

Trilaciclib is being evaluated in four randomized Phase 2 clinical trials. G1 has reported positive results from two of these trials, showing myelopreservation benefits in newly diagnosed, treatment-naive SCLC patients. In the first trial, trilaciclib was administered in combination with a chemotherapy regimen of etoposide and carboplatin (NCT02499770); topline data were released in March and additional data were reported at the European Society of Medical Oncology (ESMO) (Free ESMO Whitepaper) 2018 Congress. In the second trial, trilaciclib was administered in combination with the same chemotherapy regimen and the checkpoint inhibitor Tecentriq (atezolizumab) (NCT03041311); topline data were reported in November. The company plans to report data from two other randomized Phase 2 trials in 2018. Results from a trial in combination with chemotherapy in metastatic triple-negative breast cancer (NCT02978716) will be presented at the San Antonio Breast Cancer Symposium on December 5, 2018. The company plans to release topline data from a trial in combination with chemotherapy in previously treated SCLC (NCT02514447) by the end of 2018.

Webcast and Conference Call

The management team will host a webcast and conference call at 4:30 p.m. ET today to provide an overview of the trial findings and next steps for the trilaciclib development program. The live call may be accessed by dialing 866-763-6020 (domestic) or 210-874-7713 (international) and entering the conference code: 4156078. A live and archived webcast will be available on the Events & Presentations page of the company’s website: www.g1therapeutics.com.

Entry a Material Definitive Agreement

On November 20, 2018, Generex reported the Company’s wholly owned subsidiary, Antigen Express, Inc. ("Antigen") entered into a Clinical Trial Agreement with NSABP Foundation, Inc. ("NSABP") (Press release, Generex, NOV 26, 2018, View Source [SID1234531634]). Pursuant to the Clinical Trial Agreement, NSABP will conduct a Phase II Study to evaluate efficacy of administering Merck Sharpe & Dhome’s (‘Merck") Keytruda (pembrolizumab) in combination with Antigen’s AE37 cancer vaccine for the treatment of metastatic triple negative breast cancer. While Merck is not a party to the Clinical Trail Agreement, Merck is expected to provide Keytruda for the study pursuant to the Clinical Trial Collaboration and Supply Agreement between Antigen and Merck.

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Oncolytics Biotech® Announces First Patient Treated in Phase 2 Study Combining Pelareorep and Keytruda® in Advanced Pancreatic Cancer

On November 26, 2018 Oncolytics Biotech Inc. (NASDAQ: ONCY) (TSX: ONC), currently developing pelareorep, an intravenously delivered immuno-oncolytic virus, reported that the first patient was treated in a phase 2 study combining pelareorep with Merck’s Keytruda to treat advanced pancreatic adenocarcinoma (Press release, Oncolytics Biotech, NOV 26, 2018, View Source [SID1234531633]). The primary objective of the study is to determine the overall response rate (ORR) by iRECIST criteria. Secondary objectives include safety of the combination, immune response as determined by analysis of pre- and post-treatment biopsies and blood-based immune markers, determination of progression-free survival (PFS) by iRECIST criteria; and one-year, two-year and median overall survival (OS).

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"We are very excited to start enrollment in this combination study which expands upon our findings from an earlier Keytruda study in advanced pancreatic cancer," said Dr. Matt Coffey, President and Chief Executive Officer of Oncolytics Biotech. "REO 024, our previous phase 1b study with Keytruda, showed objective response, long-term stabilization of disease and promotion of an inflamed phenotype in second line pancreatic cancer patients. This new phase two study should corroborate anti-tumor activity and potentially confirm predictive biomarkers laying the groundwork towards our goal of becoming a standardized backbone for checkpoint inhibitors."

This study is a phase 2, single arm, open-label study enrolling up to 30 patients with advanced pancreatic adenocarcinoma who experienced disease progression or did not tolerate first-line therapy. The principal investigator is Dr. Devalingham Mahalingam, of Northwestern University. The first 16 patients will be enrolled in stage one, and up to 14 additional patients will be enrolled in stage two if pre-specified criteria are met. The pre-defined criteria state that, for the primary objective, three or more responses out of 16 are needed in stage one to continue the trial to the full 30 patients.

For more information about the study, including a comprehensive list of inclusion and exclusion criteria, please visit: www.clinicaltrials.gov (identifier: NCT03723915).

About Pelareorep
Pelareorep is a non-pathogenic, proprietary isolate of the unmodified reovirus: a first-in-class intravenously delivered immuno-oncolytic virus for the treatment of solid tumors and hematological malignancies. The compound induces selective tumor lysis and promotes an inflamed tumor phenotype through innate and adaptive immune responses to treat a variety of cancers and has been demonstrated to be able to escape neutralizing antibodies found in patients.

Johnson & Johnson to Participate in the BMO Prescriptions for Success Healthcare Conference

On November 26, 2018 Johnson & Johnson (NYSE: JNJ) reported that it will participate in the BMO Prescriptions for Success Healthcare Conference on Wednesday, December 12th, at The Mandarin Oriental, New York (Press release, Johnson & Johnson, NOV 26, 2018, View Source [SID1234531631]). Ciro Römer, Company Group Chairman for the Johnson & Johnson Medical Devices Companies North America region will represent the Company in a session scheduled at 10:00 a.m. (Eastern).

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This webcast will be available to investors and other interested parties by accessing the Johnson & Johnson website at www.investor.jnj.com.

A webcast replay will be available approximately two hours after the live webcast.