Wugen: deploying memory NK cells against cancer

On May 17, 2021 Wugen reported that it is adding a new subset of NK cells to the cell therapy toolkit with its memory NK cell approach, which may lead to high antitumor efficacy without requiring a CAR or other modifications (Press release, Wugen, MAY 17, 2021, View Source [SID1234580426]).

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 company was formed in 2018 to develop off-the-shelf CAR T cell therapies, but broadened its scope to include memory NK cells after in-licensing the technology from Washington University in St. Louis last year.

Now, it has programs for both cell types running in parallel, with each expected to start clinical development next half.

Unmodified NK cells have historically fallen short on efficacy, and companies have increasingly turned to the addition of a tumor antigen-specific CAR to harness and concentrate activity against the tumor. CAR NK cells are attracting broad industry attention as clinical validation builds.

"NK cell platforms are now really coming to the fore in industry in terms of the realization that off-the-shelf, allogeneic NK cells will be competitive against CAR T cells," said Daniel Kemp, who joined Wugen as CEO this month after serving as VP and head of cell therapies BD & operations at Takeda Pharmaceutical Co. Ltd. (Tokyo:4502; NYSE:TAK).

Wugen thinks its memory NK cells may attain high levels of efficacy without a CAR.

CMO Jan Davidson told BioCentury memory NK cells are a subset with an enhanced effector function. Specifically, they express more activating receptors and have fewer inhibitory signals. They also produce more cytotoxic effector molecules and cytokines to activate downstream components of the immune system, and they persist longer.

He added that most NK cell therapies aren’t enriched for the memory NK subpopulation because the subtype is formed through a process that naturally occurs in the tumor, but NK cell therapies are usually sourced from cord blood or induced pluripotent stem cells.

The company has an in vitro process for converting NK cells harvested from healthy donors into the memory phenotype using cytokines to drive them into a highly activated functional state.

The memory NK cells have been tested in investigator-initiated studies at Washington University in St. Louis in several acute myelogenous leukemia (AML) settings. Next, Wugen plans to begin a study in the relapsed/refractory population.

"We’re building on the existing data in AML, where there’s a high unmet need and the cells can be potentially curative. This is a quick path to develop this strategy and be able to help patients in short order, but after that, there are a lot of different opportunities," said Ryan Sullivan, VP and head of NK research at Wugen.

Davidson noted that the company has strong preclinical evidence of efficacy in solid tumors.

Kemp added that the company will explore engineered versions of the cells as well, "whether through CAR mechanisms or other types of modifications."

In solid tumors, Sullivan told BioCentury there’s an opportunity to combine the NK cells with mAbs that act via antibody-dependent cellular toxicity (ADCC) — a process that recruits NK cells to kill the antibody-bound tumor cells. Many cancer therapies including anti-CTLA-4 mAb Yervoy ipilimumab heavily rely on ADCC for therapeutic efficacy, and are less effective in patients with compromised innate immune systems.

"A lot of the patients who these mAbs are administered to have some level of immunosuppression, so there’s a poor response, but we’re providing the engine to potentiate the ADCC capability," said Sullivan.

Kemp noted Wugen is interested in building strategic relationships around the ADCC mechanism.

With its allogeneic CAR T cell platform, Wugen is first tackling T cell malignancies. The indication has proven challenging because when designed to hit a T cell target on malignant cells, the CAR Ts can destroy themselves through fratricide. Wugen is sidestepping fratricide by deleting CD7.

At least four companies have CAR T cell therapies in development to treat T cell cancers. Davidson and Sullivan aren’t aware of other companies developing memory NK cell therapy products.

In March, Wugen granted development, manufacturing and commercialization rights to Alpha Biopharma Inc. for its universal memory NK and CAR T cells for certain cancers in mainland China, Hong Kong, Macao, Taiwan and Singapore. The same month, it signed a deal with HCW Biologics Inc. to use its fusion molecules in the manufacturing of Wugen’s cell therapies.

The company raised $36 million in a series A round, and is currently raising a series B round.

Sermonix Pharmaceuticals Announces Breast Cancer Research Publication of Preclinical Lasofoxifene Study in Endocrine-Resistant Breast Cancer

On May 17, 2021 Sermonix Pharmaceuticals Inc., a privately held biopharmaceutical company developing innovative therapeutics to treat ESR1-mutated metastatic breast and gynecological cancers, reported the publication of its scholarly article, "Lasofoxifene as a potential treatment for therapy-resistant ER-positive metastatic breast cancer," in the peer-reviewed journal Breast Cancer Research (Press release, Sermonix Pharmaceuticals, MAY 17, 2021, View Source [SID1234580244]). The paper details positive findings from a preclinical study of lasofoxifene, a selective estrogen receptor modulator (SERM), in mouse models of endocrine therapy-resistant breast cancer.

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!

In this study, luciferase-GFP tagged MCF7 cells bearing wild-type, Y537S or D538G estrogen receptor alpha (ERα) mutations were injected into the mammary ducts of NSG mice, which were subsequently treated with lasofoxifene or fulvestrant as single agents or in combination with palbociclib, a CDK4/6 inhibitor that blocks cell-cycle progression. Tumor growth and metastasis were monitored with in vivo and ex vivo luminescence imaging, terminal tumor weight measurements and histological analysis.

As a monotherapy, lasofoxifene was found to be more effective in this preclinical model than fulvestrant at inhibiting primary tumor growth and reducing metastases. Adding palbociclib improved the effectiveness of both lasofoxifene and fulvestrant for tumor suppression and metastasis prevention at four distal sites (lung, liver, bone and brain), with the combination of lasofoxifene/palbociclib showing more potency than that of fulvestrant/palbociclib.

"The results of this study demonstrate, for the first time, the anti-tumor activity of lasofoxifene in mouse models of endocrine therapy-resistant breast cancer harboring ESR1 mutations, and its superiority to fulvestrant in this preclinical model," said Barry Komm, Ph.D., Sermonix chief scientific officer and co-author of the manuscript. "These findings support continued development of this promising compound in a clinical setting. I look forward to data from our ongoing ELAINE 1 Phase 2 clinical study, which is evaluating lasofoxifene versus fulvestrant, early next year."

Endocrine therapy resistance, driven in part by more widespread use of aromatase inhibitors, represents a significant challenge in the treatment of ER+ metastatic breast cancer and highlights the urgent need for more effective interventions, according to Dr. Geoffrey Greene, the study’s lead investigator.

"The results of this study convincingly demonstrate that lasofoxifene suppresses tumor growth and metastases in human-derived xenograft models harboring the Y537S and D538G ESR1 mutations, the most commonly observed ERα mutations," said Dr. Greene, M.D., Ph.D., chair of the Ben May Department for Cancer Research at the University of Chicago. "I believe this compound, with notable activity on breast cancer models with ESR1 mutations, combined with a long half-life and high bioavailability, has the potential to present a differentiated profile to current hormonal treatments in overcoming the acquired resistance that limits their long-term effectiveness. I am eager to see results from in-human studies."

The paper can be accessed online at: View Source

Milestone Pharmaceuticals Announces Exclusive License Agreement with Ji Xing Pharmaceuticals to Develop and Commercialize Etripamil for PSVT in Greater China

On May 17, 2021 Milestone Pharmaceuticals Inc. (Nasdaq: MIST), a biopharmaceutical company focused on the development and commercialization of innovative cardiovascular medicines, reported an exclusive license and collaboration agreement with Ji Xing Pharmaceuticals (Ji Xing) to develop and, if approved, commercialize the investigational drug etripamil in patients with paroxysmal supraventricular tachycardia (PSVT) and additional cardiovascular conditions in Greater China (Press release, Milestone Pharmaceuticals, MAY 17, 2021, View Source [SID1234580243]). Ji Xing is a biotechnology company headquartered in Shanghai and backed by RTW Investments, LP (RTW) focused on advancing innovative medicines in China.

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 agreement marks an important step toward realizing our vision for etripamil to benefit patients living with PSVT globally while strengthening our balance sheet and executional capabilities through partnership," said Joseph Oliveto, President and Chief Executive Officer of Milestone Pharmaceuticals. "We look forward to partnering with the talented team at Ji Xing to develop and commercialize this promising therapy in the licensed regions."

"Etripamil has the potential to change the treatment paradigm for PSVT and could serve as a meaningful new therapeutic option for patients," said Peter Fong, Chief Executive Officer of Ji Xing and Head of Company Creation at RTW. "We are delighted to expand Ji Xing’s cardiovascular focus by partnering with Milestone and look forward to unlocking the full therapeutic potential of etripamil for patients with PSVT in China."

Under the terms of the agreement, Milestone will grant Ji Xing an exclusive license to develop and, if regulatory approval is obtained, commercialize etripamil in patients with PSVT in Greater China. Milestone will receive an upfront cash payment consisting of $15 million and a $5 million equity investment by RTW. In addition, Milestone is eligible to receive up to $107.5 million in milestone payments and royalties on future sales of etripamil in Greater China. Milestone will supply etripamil and delivery devices to Ji Xing. Ji Xing will be responsible for development and commercialization costs in Greater China.

About Paroxysmal Supraventricular Tachycardia

Paroxysmal supraventricular tachycardia (PSVT) is a rapid heart rate condition characterized by intermittent episodes of supraventricular tachycardia (SVT) that start and stop suddenly and without warning that affects approximately two million Americans. Episodes of SVT are often associated with symptoms including palpitations, sweating, chest pressure or pain, shortness of breath, sudden onset of fatigue, lightheadedness or dizziness, fainting, and anxiety. Certain calcium channel blockers have long been approved for the treatment of PSVT as well as other cardiac conditions. However, calcium channel blockers approved for the termination of SVT episodes must be administered intravenously under medical supervision, usually in an emergency department or other acute care setting.

About Etripamil

Etripamil, Milestone’s lead investigational product, is a novel calcium channel blocker designed to be a rapid-response therapy for episodic cardiovascular conditions. As a nasal spray that is self-administered by the patient, etripamil has the potential to shift the current treatment experience for many patients from the emergency department to the at-home setting. Milestone is conducting a comprehensive development program for etripamil, with Phase 3 trials ongoing in paroxysmal supraventricular tachycardia (PSVT) and a Phase 2 proof-of-concept trial is now underway in patients with atrial fibrillation and rapid ventricular rate (AFib-RVR).

Landos Biopharma and LianBio Announce Exclusive Collaboration and License Agreement to Develop and Commercialize Omilancor and NX-13 in Greater China and Select Asian Markets

On May 17, 2021 Landos Biopharma, Inc (NASDAQ: LABP), a clinical-stage biopharmaceutical company focused on the discovery and development of therapeutics for patients with autoimmune diseases, and LianBio, a biotechnology company dedicated to bringing paradigm-shifting medicines to patients in China and other major Asian markets, reported an exclusive collaboration and license agreement for the development and commercialization of omilancor and NX-13 in Greater China (mainland China, Hong Kong, Taiwan and Macau) and select Asian markets (Press release, LianBio, MAY 17, 2021, View Source [SID1234580242]). Omilancor is a novel, oral, gut-restricted LANCL2 agonist in development for the treatment of ulcerative colitis (UC), Crohn’s disease (CD) and Eosinophilic Esophagitis (EoE). NX-13 is a novel, oral, gut-restricted NLRX1 targeting compound in development for the treatment of UC and CD.

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!

"We are excited to collaborate with LianBio to strategically integrate their clinical and operational expertise in major Asian markets as we expand into global development programs with our innovative autoimmune disease pipeline," said Josep Bassaganya-Riera, Chairman, President and Chief Executive Officer of Landos. "Our lead product candidates, omilancor and NX-13, are designed to have critical advantages over current therapies, including the capacity to target key and novel pathways specifically linked to immune function. The opportunity to capitalize upon LianBio’s resources in Asian markets will enable us to leverage the full value of our assets globally and bring our potentially more effective and better tolerated first-in-class oral therapeutics to patients with UC and CD in Greater China and select Asian markets."

Under the terms of the collaboration, LianBio will receive exclusive rights to develop and commercialize omilancor and NX-13 in Greater China, South Korea, Singapore, Thailand, Vietnam, Myanmar, Cambodia, Indonesia, and the Philippines. Landos will receive an upfront cash payment of $18 million and is eligible to receive development and commercial milestone payments of up to $200 million. Landos is also eligible to receive tiered low double-digit royalties based on net sales of omilancor and NX-13 in the licensed territories. LianBio will participate in future global Phase 3 trials of omilancor and NX-13 by enrolling a meaningful number of patients in these studies. LianBio will fund development and commercialization expenses in the collaboration territory, and Landos will continue to fund all development and commercialization expenses in all other geographies.

"We believe Landos’ differentiated approach to the discovery and development of first-in-class oral therapeutics to target novel immunometabolic pathways has the potential to transform the treatment paradigm for CD, UC and other autoimmune diseases," said Konstantin Poukalov, Managing Director, Perceptive Advisors and Executive Chairman, LianBio. "With inflammatory bowel disease incidence projected to significantly increase throughout Asia over the coming decade, we look forward to partnering with Landos to address the current and future needs of IBD patients."

Orion Biotech Opportunities Corp. Announces Closing of $200 Million Initial Public Offering of Securities

On May 17, 2021 Orion Biotech Opportunities Corp. (the "Company") reported the closing of its initial public offering ("IPO") of 20,000,000 units at a price of $10.00 per unit, resulting in total gross proceeds of $200,000,000 (Press release, Orion Biotechnology, MAY 17, 2021, View Source [SID1234580232]). The Company’s units began trading on The Nasdaq Capital Market (the "Nasdaq") under the symbol "ORIAU" on May 13, 2021.

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!

Each unit consists of one of the Company’s Class A ordinary shares and one-fifth of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the Nasdaq under the symbols "ORIA" and "ORIAW," respectively.

Orion Biotech Opportunities Corp. is a newly incorporated special purpose acquisition company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with a target in a growth-oriented sector, including technology and media.

Cantor Fitzgerald & Co. acted as the sole book-running manager for the offering. The Company has granted the underwriter a 45-day option to purchase up to 3,000,000 additional units to cover over-allotments, if any.

The offering was made by means of a prospectus, copies of which may be obtained, when available, from Cantor Fitzgerald & Co., Attention: Capital Markets, 499 Park Avenue, 5th Floor New York, New York 10022; Email: [email protected].

A registration statement relating to these securities has been declared effective by the U.S. Securities and Exchange Commission (the "SEC") on May 12, 2021. This press release 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 an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

A registration statement relating to these securities has been declared effective by the U.S. Securities and Exchange Commission (the "SEC") on March 24, 2021. This press release 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 an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.