xCures announces real world biomarker study for patients with FGFR-mutant bladder cancer receiving Balversa®

On March 10, 2022 xCures reported their collaboration with Tyra Biosciences for a real-world biomarker study involving patients with FGFR-mutant bladder cancer receiving Balversa (erdafitinib) as their standard of care medical therapy (Press release, xCures, MAR 10, 2022, View Source [SID1234609878]). The study is supported by Tyra Biosciences, Inc., a precision oncology company focused on developing purpose-built therapies to overcome tumor resistance and improve outcomes for patients with cancer. This study will investigate a patient’s tumor DNA through their blood and urine samples to provide information on their treatment and what options might be available if their disease worsens.

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

Bladder cancer is the sixth most common cancer in the United States and is associated with genetic mutations in the patient’s bladder or urothelium (the lining of the lower urinary tract). Approximately one in five patients with recurrent and refractory bladder cancer has alterations in fibroblast growth factor (FGFR) genes. These are typically detected with a tumor biopsy, a procedure that may be invasive and anxiety provoking.

US FDA has recently approved Balversa to treat adult patients with locally advanced or metastatic urothelial carcinoma with certain FGFR2 or FGFR3 gene mutations. Overall, about one third of patients treated with Balversa have a confirmed tumor response. However, acquired resistance can be a consequence of treatment and is a devastating reality for patients initially responding to targeted cancer therapies. As new treatments have become more selective, there is a strong demand to address this significant limitation.

In this study, samples collected from bladder cancer patients receiving standard of care Balversa will be tested using a non-invasive diagnostic method that uses the blood and urine samples, instead of tissue, to detect gene alterations that may occur at the time of tumor progression. These less intrusive samples may allow for the assessment of how treatment with Balversa affects clinical response, disease progression, and/or genetic alterations detected in cell free tumor DNA.

"xCures is excited to partner with Tyra Biosciences to deliver on the promise of precision oncology and translational medicine for bladder cancer," said Mika Newton, CEO of xCures. "This study is a great example of how patients and their doctors have the opportunity to both better understand their options and contribute to research in real time."

"We’re excited to support xCures on this biomarker study, which utilizes a non-invasive approach to identify FGFR mutations in patients with bladder cancer," said Todd Harris, CEO of Tyra Biosciences. "This study could yield valuable insights into FGFR-mutant biology and overall tumor progression in bladder cancer, and we hope to leverage these findings as we advance our TYRA-300 program toward the clinic."

The study is being conducted under a decentralized model, leveraging xCures’ direct-to-patient precision oncology platform to reach patients anywhere in the United States. Patients interested in participating in the study can get more information at:

View Source and View Source

Amgen To Present At The 32nd annual Oppenheimer Healthcare Conference

On March 10, 2022 Amgen (NASDAQ:AMGN) reported that it will virtually present at the 32nd Annual Oppenheimer Healthcare Conference at 11:20 a.m. ET on Wednesday, March 16, 2022 (Press release, Amgen, MAR 10, 2022, View Source [SID1234609877]). Rob Lenz, M.D., Ph.D., senior vice president of Global Development and Peter H. Griffith, executive vice president and chief financial officer at Amgen will present at the conference . The webcast will be broadcast over the internet simultaneously and will be available to members of the news media, investors and the general public.

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

The webcast, as with other selected presentations regarding developments in Amgen’s business given at certain investor and medical conferences, can be accessed on Amgen’s website, www.amgen.com, under Investors. Information regarding presentation times, webcast availability and webcast links are noted on Amgen’s Investor Relations Events Calendar. The webcast will be archived and available for replay for at least 90 days after the event.

Phosplatin Therapeutics Presents on PT-112 at the 2022 AACR Annual Meeting: Selective Intracellular Effects Leading to Immunogenic Cell Death (ICD) in Prostate Cancer Cell Models

On March 10, 2022 Phosplatin Therapeutics Inc., a clinical stage pharmaceutical company focused on oncology therapeutics, reported an in-person poster presentation will be given at the American Academy of Cancer Research (AACR) (Free AACR Whitepaper) on its lead candidate, PT-112, and how it selectively induces potent mitochondrial stress and immunogenic cell death in human prostate cancer cell lines (Press release, Phosplatin, MAR 10, 2022, View Source [SID1234609876]). The presentation will be held at the 2022 AACR (Free AACR Whitepaper) Annual Meeting taking place on April 8-13, 2022 in New Orleans.

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

The work to be presented was generated by the company under a research collaboration with the Anel Lab at the University of Zaragoza, Spain. The characterization of intracellular pathways leading to ICD and the adaptive immune response is an important research aim of the company, and a related peer-reviewed manuscript is under preparation.

Presentation Title: "PT-112 induces potent mitochondrial stress and immunogenic cell death in human prostate cancer cell lines"
Lead Author: R. Soler, University of Zaragoza/Aragón Health Research Institute, Biochemistry and Molecular and Cell Biology, Zaragoza, Spain
Session Category: Experimental and Molecular Therapeutics
Session: Mechanisms of Drug Action 3
Session Date / Time: Monday, April 11, 2022 from 9:00am – 12:30pm CST
Location: New Orleans Convention Center, Exhibit Halls D-H, Poster Section 24
Poster Number: 5

The presentation will be available both in person and online in Proceedings of the AACR (Free AACR Whitepaper) through the conference website.

For more information about Phosplatin’s clinical trials, visit the website at www.Phosplatin.com.

About PT-112

PT-112 is the first small-molecule conjugate of pyrophosphate in oncology, and possesses a unique pleiotropic mechanism of action that promotes immunogenic cell death (ICD), through the release of damage associated molecular patterns (DAMPs) that bind to dendritic cells and lead to downstream immune effector cell recruitment in the tumor microenvironment. PT-112 may represent the best-in-class inducer of this immunological form of cancer cell death. Further, PT-112 harbors a property known as osteotropism, or the propensity of the drug to reach its highest concentrations in certain areas of the bone, making it a candidate for treatment of patients with cancers that originate in, or metastasize to, the bone. The first in-human study of PT-112 demonstrated an attractive safety profile and evidence of long-lasting responses among heavily pre-treated patients and won "Best Poster" within the Developmental Therapeutics category at the ESMO (Free ESMO Whitepaper) 2018 Annual Congress. The combination Phase 1b dose escalation study of PT-112 with PD-L1 checkpoint inhibitor avelumab in solid tumors was reported in an oral presentation at the ESMO (Free ESMO Whitepaper) 2020 Virtual Congress. The Phase 1 study in patients with relapsed or refractory multiple myeloma presented at ASH (Free ASH Whitepaper) is the third completed Phase 1 study of PT-112. Monotherapy Phase 2 development is ongoing in mCRPC, and the PD-L1 combination study is ongoing in a dose confirmation cohort of non-small cell lung cancer (NSCLC) patients, and will soon include the Phase 2 proof of concept study in thymic epithelial tumors under the company’s collaboration with the NCI.

Manhattan BioSolutions Announces Grant Award from the New Jersey CSIT

On March 10, 2022 Manhattan BioSolutions, an emerging biotechnology company focused on the development of innovative biologic therapies for the treatment of advanced and metastatic cancers, reported that it has been awarded grant funding as part of Round 3 of the New Jersey Commission on Science, Innovation, and Technology Direct Financial Assistance component (Phase I&II) of the Small Business Innovation Research (SBIR) and Small Business Technology Transfer Program (STTR) (Press release, Manhattan BioSolutions, MAR 10, 2022, View Source [SID1234609874]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

This award will enable early-stage preclinical validation of therapeutic leads previously supported by the SBIR and STTR Phase I grants. Novel therapeutic platforms developed by Manhattan BioSolutions leverage pathogen-specific immune responses to fight disease, particularly cancers. Dr. Borys Shor, CEO of Manhattan BioSolutions, commented: "This award expands our capacity to discover novel therapies at the intersection of innate immunity, age-related diseases, and cancer. We expect to have a deep pipeline of discovery stage products by year-end and bring those into human trials in 2023."

Ad hoc: MorphoSys AG reports non-cash impairment charge of approx. € 231 million on goodwill after consolidation of research and discovery functions; corresponding increase of Group operating expenses in 2021

On March 10, 2022 MorphoSys AG (FSE: MOR; NASDAQ: MOR) reported that it will account for a non-cash impairment charge on goodwill in the amount of approximately € 231 million (Press release, MorphoSys, MAR 10, 2022, View Source [SID1234609873]). This write-down results from the consolidation of the Company’s research and discovery activities after the acquisition of Constellation Pharmaceuticals, Inc. ("Constellation"). MorphoSys decided to focus its research activities on the most advanced programs and to centralize all laboratory activities at its German research hub in Planegg, Germany. Consequently, all US-based activities relating to discovery biology and drug discovery departments were discontinued. Therefore, early pipeline projects cannot be realized anymore and the expected cash flows from these projects will not materialize accordingly. Since the early pipeline was part of the goodwill resulting from the acquisition of Constellation, an impairment test was performed based on the latest cash flow projections, which triggered an impairment charge on the goodwill in the amount of € 231 million.

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

The write-down has no cash effect and will impact Group operating expenses for the fourth quarter of the year 2021. The write-down of € 231 million will be additive to the Group operating expenses which will be published on March 16, 2022 along with the full results for the fourth quarter and full year 2021.