Illumina and R-Pharm Secure Registration for Two Complete IVD Sequencing Platforms in Russia

On March 5, 2021 Illumina, Inc.’s (NASDAQ: ILMN) reported NextSeq 550Dx platform and associated reagent kits received medical device registration in Russia, as have reagents for the MiSeqDx which was approved previously as a medical device (Press release, Illumina, MAR 5, 2021, View Source [SID1234576123]). Both of these in vitro diagnostic (IVD)-ready solutions are available to customers and third-party developers to create diagnostic solutions using the technology. These registrations will catalyze the expansion of sequencing-based clinical diagnostics across the country.

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Sequencing platforms, and the reagents that drive them, must be approved separately in Russia by the medical device regulatory agency, Roszdravnadzor. Illumina’s strategic partner in Russia and CIS, R-Pharm, led the regulatory process and this is the first approval of complete sets of sequencing instruments plus reagents.

"Having the two IVD-platforms available to assay developers to expand the clinical use of Next Generation Sequencing-based (NGS) molecular diagnostics will be a great boost to testing for genetic diseases and oncology in Russia," said Paula Dowdy, Senior Vice President and General Manager of Illumina, Europe Middle East and Africa. "The NextSeq 550Dx is ideal for high throughput sequencing at large, federal hospitals, and the desktop MiSeqDx is well suited to the laboratory facilities of standard clinical centers."

"These registrations are a significant step in bringing NGS technologies closer to patients, many of whom live near the smaller municipal and regional clinics. Bringing NGS diagnostics, with accurate and validated results, will be a huge benefit to patients," said deputy Director General of the Dmitry Rogachev National Medical Research Center of Pediatric Hematology, Oncology and Immunology, Professor Mikhail Maschan.

Director of the Tomsk National Research Medical Center, correspondent member of the Russian Academy of Sciences, Vadim Stepanov, said: "Genetics and molecular biology are the core of clinical science because the majority of diseases originate from genetic mechanisms in cells, tissues and organs. Registration of Illumina’s products as medical devices allows to add the most modern technologies to clinical practice."

"We are pleased that our partnership with Illumina, a global leader in human genome sequencing, will help Russian patients benefit from improved diagnosis and precision healthcare," said Alexey Repik, R-Pharm Chairman of the Board.

PerkinElmer Prices Offering of Senior Notes

On March 4, 2021 PerkinElmer, Inc. (NYSE: PKI), a global leader committed to innovating for a healthier world, reported that it has priced an offering of $400.0 million aggregate principal amount of 2.550% Senior Notes due 2031 at an issue price of 99.965% of the principal amount and $400.0 million aggregate principal amount of 3.625% Senior Notes due 2051 at an issue price of 99.999% of the principal amount (Press release, PerkinElmer, MAR 4, 2021, View Source [SID1234576104]).

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The issuance of the notes is expected to close on March 8, 2021, subject to customary closing conditions. The notes will pay interest on a semi-annual basis.

PerkinElmer plans to use approximately $561 million of the net proceeds of the offering to repay amounts borrowed under its senior unsecured revolving credit facility to fund a portion of the purchase price for its acquisition of Oxford Immunotec Global PLC. PerkinElmer expects to use the remaining net proceeds of the offering to repay at maturity a portion of its outstanding €300.0 million aggregate principal amount of 0.600% senior notes due 2021.

The joint book-running managers for the offering are J.P. Morgan Securities LLC, BofA Securities, Inc., and Wells Fargo Securities, LLC.

The offering is being made pursuant to an effective registration statement on Form S-3 (including a prospectus) filed with the U.S. Securities and Exchange Commission ("SEC"). Prospective investors should read the prospectus forming a part of that registration statement and the prospectus supplement related to the offering and the other documents that PerkinElmer has filed with the SEC for more complete information about the company and this offering. These documents are available at no charge by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, copies of the prospectus supplement and the accompanying prospectus relating to the offering can be obtained by calling one of the joint book-running managers at the following: J.P. Morgan Securities LLC collect at 1-212-834-4533 or BofA Securities, Inc. toll-free at 1-800-294-1322.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the notes, nor shall there be any offer, solicitation or sale of the notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.

ALX Oncology and Tallac Therapeutics Announce Collaboration on Novel Class of Cancer Immunotherapeutics

On March 4, 2021 ALX Oncology Holdings Inc. ("ALX Oncology") (Nasdaq: ALXO), a clinical-stage immuno-oncology company developing therapies that block the CD47 checkpoint pathway, and Tallac Therapeutics, Inc. ("Tallac"), a privately held biopharmaceutical company harnessing the power of innate and adaptive immunity to fight cancer, reported a collaboration to jointly develop, manufacture, and commercialize a novel class of cancer immunotherapeutics (Press release, Tallac Therapeutics, MAR 4, 2021, View Source [SID1234579742]). Under the terms of the agreement, ALX Oncology and Tallac will share equally in the cost of research and development and any profits or losses incurred.

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The collaboration builds on ALX Oncology’s expertise in developing therapies that block the CD47 checkpoint pathway and expands its immuno-oncology pipeline. The collaboration also extends Tallac’s pipeline of next generation immunotherapies derived from its novel Toll-like Receptor Agonist Antibody Conjugate ("TRAAC") platform. The companies will leverage their respective scientific and technical expertise to advance an anti-SIRPα antibody conjugated to a Toll-like receptor 9 ("TLR9") agonist for targeted activation of both the innate and adaptive immune systems.

"We are excited to partner with ALX Oncology in the development of next-generation breakthrough cancer immunotherapies," said Hong I. Wan, Ph.D., President, Chief Executive Officer and co-founder of Tallac. "TLR9 agonists are a class of immunotherapy that generate both innate and adaptive immune responses which may produce robust and durable anti-cancer immunity for patients with advanced-stage cancers. While intratumoral TLR9 agonists have clinically validated this pathway, systemic administration has been unsuccessful, limiting clinical utility in broader patient populations. With Tallac’s TRAAC technology, we now have a way to target this pathway systemically, which could expand the clinical benefit to a much broader patient population. To date, we have generated promising preclinical data with multiple TRAAC molecules that demonstrates the potential of this pathway. The goal of our collaboration with ALX Oncology is to advance SIRPα TRAAC, a systemically delivered TLR9 agonist targeting dendritic cells via SIRPα receptors, enabling a powerful innate and adaptive anti-tumor immune response."

"Collaborating with Tallac and their novel TRAAC platform broadens ALX Oncology’s therapeutic strategies to activate the innate immune system and SIRPα TRAAC complements our lead product candidate, ALX148," said Jaume Pons, Ph.D., Founder, President and Chief Executive Officer of ALX Oncology. "While ALX148 is an antagonistic molecule designed to maximize the activity of a wide array of anticancer agents by the blockade of the CD47 myeloid checkpoint, SIRPα TRAAC is an agonistic molecule that directly activates dendritic cells and enables a coordinated innate and adaptive immune response against cancer. Since SIRPα is expressed on both dendritic cells and a range of tumor types, SIRPα TRAAC may enable an effective immune activation response in advanced cancer settings. We are excited about this potentially transformative approach and the possible benefits to patients that are in need of new treatment options."

Conference Call on March 5 at 8:30 a.m. EST

ALX Oncology and Tallac will host a conference call on Friday, March 5, 2021 at 8:30 a.m. EST to further discuss the collaboration.

To access the conference call, please dial (844) 467-7655 (local) or (409) 983-9840 (international) at least 10 minutes prior to the start time and refer to conference ID 4117088. Presentation slides will be available to download under "News & Events" (see "Events") in the investors section of the ALX Oncology website at www.alxoncology.com.

Herantis Pharma to Participate in Three Upcoming Virtual Investor Conferences

On March 4, 2021 Herantis Pharma Plc ("Herantis"), an innovative clinical stage biotech company pioneering new disease modifying and regenerative biologic and gene therapies, reported that Craig Cook, Chief Executive Officer, will be participating at the upcoming virtual investor conferences, where he will be presenting and holding 1×1 meetings (Press release, Herantis Pharma, MAR 4, 2021, View Source,c3299929 [SID1234577484]).

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Event: H.C. Wainwright Global Life Sciences Conference

Format: Presentation & 1×1’s

Dates: March 9 – 10, 2021

Webcasting link: View Source

The session time is on-demand and is for March 9 starting at 7:00 am (EST), archived for 90 days.

Event: Carnegie Nordic Healthcare Virtual Seminar 2021

Format: Presentation & 1×1’s

Dates: March 9 – 12, 2021

Presentation: March 12th, 2021 at 09:00 a.m. CET/ 10:00 a.m. EET

Event: BIO-Europe Spring Digital 2021

Format: Presentation & 1×1’s

Dates: March 22 – 25, 2021

Presentation: On-demand after March 22, 2021 when registered for BIO-Europe Spring Digital 2021

Eucure Biopharma Announces A Breakthrough in Phase I Clinical Study of CTLA-4 in Combination with Junshi Biosciences’ PD-1 in Australia

On March 4, 2021 Eucure Biopharma, as a biopharmaceutical company dedicated to the development of tumor and immune antibody drugs with independent intellectual property rights, reported encouraging anti-tumor activity as demonstrated in the dose escalation phase of the Phase I clinical study of CTLA-4 antibody (YH001) in combination with Junshi Biosciences’ anti-PD-1 monoclonal antibody Toripalimab Injection (Brand Name: TuoYi ) in Australia (Press release, Eucure, MAR 4, 2021, View Source [SID1234577206]).

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A 64-year-old male subject with gastroesophageal junction tumor with liver/lung metastases, Subject Number 10104, who progressed after prior third-line chemotherapy, was enrolled in the 0.3 mg/kg dose group of YH001 in this study on September 17, 2020.

The subject received one-cycle (21 days/cycle) YH001 monotherapy, followed by combination therapy with Toripalimab 240 mg. As of March 1, 2021, the subject had received 7 cycles (21 weeks) of study drug. The first imaging assessment at Week 8 post-treatment indicated stable disease (SD), with a 12.7% reduction from baseline in the total diameter of all target lesions. The second imaging assessment at Week 15 post-treatment indicated a partial response (PR), with a 60.9% reduction from baseline in the total diameter of all target lesions. During the study, no dose-limiting toxicity (DLT) events were observed, study drug-related adverse events were only Grade 1 fatigue, and no Grade 2 or above adverse events occurred. The clinical study YH001002 is intended to evaluate the safety, tolerability, pharmacokinetics and preliminary efficacy of CTLA-4 (YH001) in combination with toripalimab in patients with solid tumors.

YH001, a monoclonal antibody targeting CTLA-4, can enhance the removal of regulatory T cells (Treg cells) in the tumor microenvironment by improving the immune response against tumor cells in order to treat multiple tumors. Enhancing patients’ immune responses to tumors by blocking inhibitory signals of human anti-tumor responses is considered the most promising tumor immunotherapy at present. Guided by this theory, CTLA-4 and PD-1 are considered as two significant checkpoints of the immune system, as well as cornerstone targets for tumor immunotherapy as they initiate anti-tumor immune attacks by affecting different types of T cells, respectively. As the first approved tumor immunotherapy antibody drug, Ipilimumab targeting CTLA-4 demonstrated good efficacy in the treatment of advanced metastatic melanoma and other tumors, and showed strong potential in combination with the PD-1 antibody. However, the clinical toxicity of Ipilimumab has been always the biggest worry limiting its clinical manifestation, and also prompted the scientific community to reexamine and investigate the mechanism of action of CTLA-4. YH001 is a recombinant humanized anti-CTLA-4 IgG1 monoclonal antibody injection developed by Eucure (Beijing) Biopharma Co., Ltd. Preclinical data demonstrated that binding and ADCC activity of YH001 were higher than that of Ipilimumab under the same conditions; YH001 also can block the binding of CTLA-4 to CD80/CD86, so YH001 is predicted to have a good anti-tumor effect.

In response, Dr. Yuelei Shen, the President of Biocytogen and CEO of Eucure Biopharma, commented, "We are very pleased to see a partial response of target tumor lesions in this clinical study, which is going fast and smoothly in Australia. We will accelerate the development to initiate trials in combination with PD-1 monoclonal antibody drug in China as soon as possible in order to provide effective innovative products for Chinese patients. Our three independently developed products have advanced to the clinical phase and the first patient has been screened in Australia successively since May 2020. The first patient screening was completed and the first administration was received in the Phase I clinical study of YH001 (CTLA4) in combination with PD-1 in Australia in May 2020; the first patient screening was completed and the first administration was received in the second clinical trial of YH002 (OX40) in Australia in June 2020. In July 2020, the first patient screening was completed and the first administration was received for YH003, an important cornerstone of the tumor immunotherapy. The Phase I clinical studies of these three products have been moved smoothly and have escalated to the effective dose. This also marks a successful transition of Biocytogen/Eucure Biopharma from a preclinical company to an innovative drug company in the clinical phase."

About TuoYi (Toripalimab Injection)

Toripalimab Injection (TuoYi ) was the first domestic monoclonal antibody drug targeting PD-1 approved for marketing in China, and received the support as a National Science and Technology Major Project. The first approved indication for TuoYi is the treatment of patients with unresectable or metastatic melanoma who have failed in prior systemic therapy, and TuoYi is recommended in Guidelines of Chinese Society of Clinical Oncology (CSCO) – Melanoma (2019, 2020). In December 2020, TuoYi passed the negotiation procedure for national health insurance successfully and was included in the new version of National Reimbursement Drug List. In February 2021, TuoYi was approved by NMPA for the treatment of patients with recurrent/metastatic nasopharyngeal cancer who have failed in prior second-line or above systemic therapies. An application for NDA approval of toripalimab for a new indication of treatment of patients with locally advanced or metastatic urothelial carcinoma who have failed in or intolerable to systemic therapy was accepted by NMPA in May 2020, and was included in the priority review procedure by the NMPA in July 2020. In September 2020, Toripalimab received Breakthrough Therapy Designation for the treatment of nasopharyngeal carcinoma from FDA. An application for NDA approval for a new indication of toripalimab in combination with chemotherapy for advanced recurrent and metastatic nasopharyngeal cancer without prior first-line systemic therapy was accepted by NMPA in February 2021. Toripalimab has received 1 Breakthrough Therapy Designation, 1 Fast Track Designation, and 3 Orphan Drug Designations from FDA in the treatment of mucosal melanoma, nasopharyngeal carcinoma, and soft tissue sarcoma by now. Over 30 clinical studies has been conducted worldwide since toripalimab was clinically developed at the beginning of 2016 to actively explore the efficacy and safety of TuoYi in indications such as melanoma, nasopharyngeal cancer, urothelial cancer, lung cancer, gastric cancer, esophageal cancer, liver cancer, bile duct cancer, breast cancer, renal cancer, etc. Collaboration with domestic and foreign first-in-class innovative pharmaceutical companies in combination therapies is also ongoing, and more patients in China and other countries are expected to receive the most advanced tumor immunotherapy in the world.

About Biocytogen

Biocytogen is an international biotechnology company that develops new drugs based on innovative technology. Biocytogen is committed to becoming the birthplace of global new drugs with the mission of focusing on technological innovation, continuous new drug production, and safeguarding of human health. Biocytogen has established a unique new drug development system covering the whole drug development process by organically integrating the single-cell antibody discovery technology platform, efficient gene editing model development platform, large-scale animal model supply platform, and rapid animal in vivo and in vitro drug efficacy evaluation platform with powerful clinical development capabilities based on the fully human antibody RenMab , RenLite, and RenNano mice independently developed by Biocytogen with completely independent intellectual property rights. Therefore, Biocytogen successfully transformed into Biotech, and will focus more on development of innovative antibody drugs in the future. As implementation of the large-scale antibody drug development – "Project Integrum", Biocytogen will work with global partners to jointly accelerate the new drug development. Biocytogen is headquartered in Beijing, with branches in Haimen (Jiangsu), Boston, Shanghai. Eucure Biopharma, a wholly-owned subsidiary of Biocytogen, focuses on clinical development.