Mallinckrodt to Report Earnings Results for First Quarter 2023

On April 24, 2023 Mallinckrodt plc (NYSE American: MNK), a global specialty pharmaceutical company, reported that it will present first quarter 2023 earnings results for the period ended March 31, 2023, on Tuesday, May 9, 2023 (Press release, Mallinckrodt, APR 24, 2023, View Source [SID1234630453]).

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A conference call for investors will begin at 8:30 a.m. ET. The call can be accessed as follows:

Live Call Participant Registration (including dial-in): https://register.vevent.com/register/BIbe1f9805fe5b4490acd8359f7bdd616d
Audio Only Webcast Link (live and replay):
View Source
At the Mallinckrodt website: https://ir.mallinckrodt.com/

I-Mab Announces First Patient Dosed in Phase 3 Registrational Study of CD47 Antibody Lemzoparlimab in MDS in China

On April 24, 2023 I-Mab (the "Company") (Nasdaq: IMAB), a clinical-stage biopharmaceutical company committed to the discovery, development, and commercialization of novel biologics, reported that the first patient in a Phase 3 registrational trial (ClinicalTrials.gov Identifier: NCT05709093) in China for patients with higher-risk myelodysplastic syndrome (MDS) has been treated with lemzoparlimab, a novel CD47 antibody, in combination with azacitidine (AZA) (Press release, I-Mab Biopharma, APR 24, 2023, View Source [SID1234630451]).

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The Phase 3 trial is a randomized, controlled, open-label, multi-center study to evaluate the efficacy and safety of lemzoparlimab in combination with AZA versus AZA monotherapy as first-line therapy in subjects with higher-risk MDS. This is the first approved Phase 3 trial for anti-CD47 therapies in mainland China.

"We are excited to have dosed the first patient in the Phase 3 study for lemzoparlimab in higher-risk MDS, a disease with very limited treatment options. This milestone represents a significant step towards addressing the unmet medical needs of MDS patients and underscores our commitment to developing innovative therapies that could make a meaningful difference in their lives," said Dr. Andrew Zhu, President and Acting CEO of I-Mab. "We are hopeful that lemzoparlimab could become the first-to-market CD47-targeting therapy in China, providing a potentially new, safer, and effective treatment option for patients in need."

MDS is a type of hematologic malignancy that mainly affects older adults, causing dysplastic hematopoiesis, cytopenia(s), and risk of acute myeloid leukemia (AML) transformation. The incidence rate of MDS increases with age, especially among those aged 70 and above.

Hypomethylating agents (HMAs) and allogenic stem cell transplant (allo-HSCT) are the current standard of care for higher-risk MDS, but allo-HSCT can be limited by its associated morbidity. HMAs such as AZA and decitabine have been the primary therapies available for higher-risk MDS in mainland China in the past 15 years, but many patients experience leukemic transformation and long-term survival expectations remain discouraging.

About CD47 and Lemzoparlimab

CD47 is a cell surface protein over-expressed in a wide variety of cancers and can act to protect tumors by delivering a "don’t eat me" signal to otherwise tumor-engulfing macrophages. CD47 antibodies block this signal and enable macrophages to attack tumor cells. However, development of CD47 antibodies as a cancer therapy has been hampered by its hematologic side effects, such as severe anemia, caused by natural binding of the CD47 antibody to red blood cells. Scientists at I-Mab discovered a novel CD47 antibody, lemzoparlimab, that is designed to target tumor cells while exerting a minimal untoward effect on red blood cells.

Multiple clinical studies of lemzoparlimab are ongoing to explore indications including myelodysplastic syndrome (MDS), acute myelocytic leukemia (AML), non-Hodgkin’s lymphoma (NHL), and advanced solid tumors in combination with chemotherapy and immune checkpoint inhibitors.

About Myelodysplastic Syndrome

Myelodysplastic syndrome (MDS) is typically a hematologic malignancy of older adults characterized by dysplastic hematopoiesis, cytopenia(s), and risk of acute myeloid leukemia (AML) transformation. In the general population, the incidence rate of MDS in the U.S. and Europe is approximately 4-5 cases per 100,000 people per year. However, among individuals between 70 and 79 years, the incidence rate increases to 26.9 per 100,000 people, and further to 55.4 per 100,000 people among those aged 80 years and older. MDS in Asian population tends to occur at an earlier age and more often have hypocellular bone marrows.

The treatment approach to MDS depends largely on risk stratification of an individual’s disease, most commonly using the Revised International Prognostic Scoring System (IPSS-R), which takes into account peripheral blood cytopenias and bone marrow blast percentage and cytogenetics. The IPSS-R separates MDS into 5 risk categories (very low, low, intermediate, high, very high) with median survival and risk of developing AML worsening from very low-risk to very high-risk disease.

Agenus to Participate in May Investor Conferences

On April 24, 2023 Agenus (NASDAQ: AGEN), a leading immuno-oncology company specializing in immunological agents for cancer and infectious diseases, reported that Dr. Garo Armen, Chairman and CEO, will participate in the following upcoming investor conferences (Press release, Agenus, APR 24, 2023, View Source [SID1234630449]):

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HC Wainwright BioConnect Investor Conference – Fireside chat presentation will be held in-person at NASDAQ Headquarters in New York City on Tuesday, May 2nd, 2023 at 3:30 PM ET

EF Hutton Global Conference – 1×1 meetings will be held in-person at the Plaza Hotel in New York City on Wednesday, May 10th, 2023

A live webcast of the fireside chat from the HC Wainwright BioConnect Investor Conference can be accessed on the company’s website at View Source A replay will be posted following the event.

Medigene presents final Phase I data of TCR-T cell therapy MDG1011 in patients with high-risk blood cancers

On April 24, 2023 Medigene AG (Medigene, FSE: MDG1, Prime Standard), an immuno-oncology platform company focusing on the discovery and development of T cell immunotherapies for solid tumors, reported final Phase I dose escalation results from first-in-human Study of HLA-A*02:01-restricted PRAME-specific T cell receptor engineered T cell (TCR-T) therapy (MDG1011) for high-risk myeloid and lymphoid neoplasms (NCT03503968) (Press release, MediGene, APR 24, 2023, View Source [SID1234630447]). The data will be presented as an eposter (P227) at the European Society for Blood and Marrow Transplantation (EBMT) 2023 annual meeting, being held April 23-26, 2023, in Paris.

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Abstract title: First-in-Human Study of MDG1011, a TCR-T Cell Therapy directed against HLA-A*02:01-Restricted PRAME, for High-Risk Myeloid and Lymphoid Neoplasms (CD-TCR-001)

The poster will be available on Medigene’s website at the start of the conference: View Source

MDG1011 is an autologous TCR-T therapy specific for a peptide fragment of PRAME (PReferentially expressed Antigen in MElanoma), a tumor antigen presented on cancer cells by human leukocyte antigen HLA-A*02:01. In the open-label, first-in-human Phase I study conducted at nine clinical centers throughout Germany, thirteen patients (ten with acute myeloid leukemia (AML), two with multiple myeloma (MM) and one with myelodysplastic syndrome and myeloproliferative neoplasm MDS/MPN)) underwent leukapheresis for TCR-T cell manufacture, with four patients succumbing to disease prior to treatment. Subsequently, nine patients with relapsed or refractory AML, MDS/MPN or MM received MDG1011 by single intravenous infusion after a lymphodepleting regimen. Patients received MDG1011 at one of three escalating dose levels (DL): 0.1 (DL1), 1.0 (DL2) or 5.0 (DL3) million TCR-transduced T cells per kg body weight. Immune monitoring of patients included quantification of PRAME levels in bone marrow (BM) and/or peripheral blood (PB) and pharmacokinetics of MDG1011 in PB.

Clinical and biological data analysis

Of the 124 adverse events (AEs), 54 were > Grade 3 toxicities: 31 related to lymphodepletion and 21 related to the investigational medicinal product. Severe adverse events were reported for 7 of 9 patients undergoing therapy, with two patients exhibiting cytokine release syndrome (CRS) of mild (Grade 1) to moderate (Grade 2) severity, respectively, that were manageable with concomitant IL-6 therapy. No neurotoxicity or dose-limiting toxicities were reported.
Four patients died from their disease, with none considered related to MDG1011, and none at DL3
Two out of 9 patients showed early response on treatment at week 4. Of these, one AML patient treated with DL1 showed complete remission at week four, but disease progression was detected at week twelve. One patient with multilineage MDS/MPN treated with DL3 remained stable and did not show any progression to secondary AML throughout the 12-month study.
MDG1011 TCR-T cells were present in PB of 6 of 8 patients within the first four weeks, with detection still possible in the MDS/MPN patient at twelve months. Four patients (3 AML, 1 MM) displayed decreased PRAME levels in BM, while one patient (MM) showed slightly elevated expression at week four. The MDS/MPN patient showed PRAME levels below baseline in PB throughout the 12-month observation period.

Application of MDG1011 was generally well tolerated by heavily pre-treated patients who received up to 5 million CD8-positive PRAME-specific TCR-T cells/kg body weight. Clinical observations were corroborated by persistence of MDG1011 cells in PB and reduction of PRAME levels in PB and/or BM.

Prof. Dolores Schendel, Chief Scientific Officer at Medigene: "We are pleased to report the end-of-trial results for the Phase I dose escalation study of MDG1011 which showed the potential for MDG1011 in high-risk myeloid neoplasms. We thank all the investigators and their staff who carried out this clinical trial and are indebted to the patients and their families who participated in this first-in-human study. As we have announced previously, despite these encouraging early data, in line with our strategy to focus on solid tumors, we are currently exploring the opportunity to partner MDG1011 for further clinical development.

Lantheus and POINT Biopharma Announce FDA Grants Fast Track Designation for 177Lu-PNT2002 for the Treatment of Metastatic Castration Resistant Prostate Cancer

On April 24, 2023 Lantheus Holdings, Inc. ("Lantheus") (NASDAQ: LNTH), a company committed to improving patient outcomes through diagnostics, radiotherapeutics and artificial intelligence solutions that enable clinicians to Find, Fight and Follow disease, and POINT Biopharma Global, Inc. ("POINT") (NASDAQ: PNT), a company accelerating the discovery, development and global access to life-changing radiopharmaceuticals, reported that the U.S. Food and Drug Administration (FDA) has granted Fast Track designation for 177Lu-PNT2002 for the treatment of metastatic castration resistant prostate cancer (mCRPC) (Press release, Point Biopharma, APR 24, 2023, View Source [SID1234630446]). Fast track is a process designed to facilitate the development and expedite the review of drugs to treat serious conditions and address unmet medical needs. PNT2002 is an innovative PSMA-targeted 177Lu-based radiopharmaceutical therapy that combines a PSMA-targeted ligand, PSMA-I&T, with the beta-emitting radioisotope no-carrier-added 177Lu.

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"Fast track designation by the FDA is an important milestone and recognizes the potential for 177Lu-PNT2002 to address the significant unmet need for mCRPC patients," said Jean-Claude Provost, M.D., Chief Medical Officer at Lantheus. "We are encouraged by the FDA’s decision as it reflects the need for FDA approved and widely available treatments for these patients. This designation will allow us to work closely with the FDA, along with our partner POINT, to quickly advance 177Lu-PNT2002, with the potential to make a meaningful difference for patients who require new treatment options."

"The FDA Fast Track designation for 177Lu-PNT2002 underscores its potential to address a serious unmet need and serve as a meaningful therapeutic option for patients with mCRPC," said Dr. Neil Fleshner, M.D., Chief Medical Officer of POINT Biopharma. "We are seeing that radioligand therapy is quickly becoming another pillar of cancer treatment, and, with our continued focus on supply chain excellence, we believe that we are very well positioned to meet market demands post approval. We will continue to work closely with our partner Lantheus and with the FDA to bring 177Lu-PNT2002 to patients as quickly as possible."

The Phase 3 SPLASH trial is a multi-center, randomized, open label assessment of 177Lu-PNT2002 in participants with PSMA-expressing mCRPC who have progressed on androgen receptor pathway inhibitor therapy and refuse, or are not eligible for, chemotherapy. Participants were randomized 2:1 with those in arm A receiving 177Lu-PNT2002 and those in arm B receiving either abiraterone or enzalutamide. Participants in arm B who experience centrally assessed radiographic progression and meet protocol eligibility have the option to crossover and receive 177Lu-PNT2002. Patients are subject to follow-up for up to 5 years from their first 177Lu-PNT2002 dose. The primary endpoint of the study is radiographic progression-free survival. Key secondary endpoints include overall survival, overall response rate, and duration of response. Safety and tolerability will also be assessed. Enrollment in the trial is complete and SPLASH top line data is expected in the second half of 2023. More information about the trial is accessible at www.ClinicalTrials.gov, identifier NCT04647526.

Lantheus in-licensed exclusive worldwide commercialization rights (excluding certain Asian territories) to 177Lu-PNT2002 from POINT in December of 2022. To read the press release, please click here.