Philogen announces publication of PET clinical data with proprietary ultra-high affinity FAP-targeting small molecule ligand (OncoFAP)

On January 7, 2022 Philogen S.p.A., a clinical-stage biotechnology company focused on antibody and small molecule-based targeted therapeutics, reported that its wholly-owned Swiss subsidiary, Philochem AG, has co-authored a new translational study on 68Ga-OncoFAP, a best-in-class FAP-targeting small molecule for applications in cancer and inflammation (Press release, Philogen, JAN 7, 2022, View Source [SID1234598407]).

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The paper, entitled "Translational imaging of the fibroblast activation protein (FAP) using the new ligand "[68Ga]Ga-OncoFAP-DOTAGA", was published in the peer-reviewed journal European Journal of Nuclear Medicine and Molecular Imaging and reports the novel pre-clinical and clinical findings obtained with 68Ga-OncoFAP.

The data confirmed the rapid and selective accumulation of 68Ga-OncoFAP in solid tumor lesions in disease models and in patient cases. Additionally, 68Ga-OncoFAP showed excellent selectivity against healthy organs, including kidneys, at early time points (i.e., already one hour after systemic administration) and an impressive tumor-targeting performance in mice and in patients with different stages of disease (i.e., from localized to disseminated disease).

Dario Neri, Chief Executive Officer of Philogen commented: "We are delighted with the translational results presented in our recent paper which showed OncoFAP’s strong selectivity against healthy organs in cancer patients. In order to pave the way towards a broader adoption of this technology, we have established a network of Nuclear Medicine centers across various continents to support our future clinical studies. The equivalent of 1,000,000 GMP-grade doses of OncoFAP-DOTAGA has already been produced in collaboration with Senn Chemicals."

The results presented in this article stem from a collaboration between the European Institute for Molecular Imaging and the Department of Nuclear Medicine at the University and University Hospital of Münster and the scientists at Philochem AG.

OncoFAP has been manufactured in GMP conditions at Senn Chemicals AG, a CDMO in peptide synthesis and small molecules with expertise in small scale GMP production.

Fibroblast Activation Protein (FAP) has recently emerged as a tumor-associated antigen with abundant and selective expression in the majority of human solid malignancies.

The discovery of OncoFAP together with its preclinical characterization, has been recently reported in Proc Natl Acad Sci USA in April 2021. Philochem’s OncoFAP-derivates are the small organic ligands with the highest affinity to the FAP antigen reported to date.

OncoFAP is currently being studied as modular component for the generation of therapeutic products enabling the targeted delivery of a potent beta-emitter (lutetium-177), of fluorescein-specific CAR Tcells, and of highly cytotoxic auristatin derivatives.

The article can be accessed from the European Journal of Nuclear Medicine and Molecular Imaging website under the following link.

Dr. Henry Ji to Present at HC Wainwright BIOCONNECT Virtual Conference (January 10th – 13th)

On January 7, 2022 Sorrento Therapeutics, Inc. (NASDAQ: SRNE, "Sorrento"), reported that Dr. Henry Ji, Chairman and CEO, will participate in the following upcoming conference (Press release, Sorrento Therapeutics, JAN 7, 2022, View Source [SID1234598406]):

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HC Wainwright BIOCONNECT Virtual Conference
Presentation will be available on January 10 – 13, 2022.
Registration link: Investors Registration BIOCONNECT
An updated corporate presentation will also be available at www.SorrentoTherapeutics.com.

Absci Announces Research Collaboration with Merck

On January 7, 2022 Absci Corporation (Nasdaq: ABSI), the drug and target discovery company harnessing deep learning AI and synthetic biology to expand the therapeutic potential of proteins, reported that it has entered into a research collaboration with Merck (known as MSD outside the United States and Canada), using Absci’s AI-powered Integrated Drug Creation Platform (Press release, Merck & Co, JAN 7, 2022, View Source [SID1234598405]).

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Under the collaboration, Absci will deploy its Bionic Protein non-standard amino acid technology to produce enzymes tailored to Merck’s biomanufacturing applications and receive an upfront and certain other milestone payments. In addition, Merck has the option to nominate up to three targets and enter into a drug discovery collaboration agreement, and Absci would then be eligible to receive up to $610 million in upfront fees and milestone payments for all three targets, as well as research funding and tiered royalties on sales.

Sean McClain, founder and CEO of Absci, commented, "We are very pleased to establish this collaboration with Merck and to be working with its world class research organization to generate novel enzymes. We look forward to applying our AI-driven platform to create new biologic candidates with the potential to meaningfully improve the lives of patients."

"At Merck we are continually evaluating new ways to build, expand and refine our biologics capabilities," said Dr. Fiona Marshall, senior vice president and head of discovery, preclinical and translation medicine, Merck Research Laboratories. "Absci’s platform offers a compelling opportunity to design new biologic candidates and explore the expression of complex proteins."

Delcath Systems to Present at the H.C. Wainwright BioConnect Virtual Investor Conference on January 10, 2022

On January 7, 2022 Delcath Systems, Inc. (Nasdaq: DCTH), an interventional oncology company focused on the treatment of primary and metastatic cancers of the liver, reported that it will participate in an upcoming virtual investor conference (Press release, Delcath Systems, JAN 7, 2022, View Source [SID1234598404]):

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H.C. Wainwright BioConnect Virtual Investor Conference January 10-13, 2022
Presentation Date and Time: On-demand beginning January 10, 2022 at 7:00 AM (ET)
Webcast: View Source
Management will also host 1×1 investor meetings during the conference.
To learn more or to schedule a one-on-one meeting with management, please contact your conference representative or [email protected].

Moleculin to Present at the H.C. Wainwright BioConnect Conference

On January 7, 2022 Moleculin Biotech, Inc., (Nasdaq: MBRX) ("Moleculin" or the "Company"), a clinical stage pharmaceutical company with a broad portfolio of drug candidates targeting highly resistant tumors and viruses, reported that Walter Klemp, President and Chief Executive Officer of Moleculin, will present at the virtual H.C. Wainwright BioConnect Conference taking place January 10-13, 2022 (Press release, Moleculin, JAN 7, 2022, https://ir.moleculin.com/news/detail/234/moleculin-to-present-at-the-h-c-wainwright-bioconnect-conference [SID1234598403]).

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Moleculin Biotech, Inc. is a clinical stage pharmaceutical company focused on the development of a broad portfolio of oncology drug candidates for the treatment of highly resistant tumors. (PRNewsfoto/Moleculin Biotech, Inc.)

A video webcast of the presentation will be available for viewing on-demand beginning Monday, January 10, 2022, at 7:00 AM ET for those registered for the event and will be accessible on the Events page in the Investors section of the Company’s website (www.moleculin.com). The webcast replay will be archived for 90 days following the event.