On October 7, 2021 Caris Life Sciences, a molecular science company developing and delivering technologies to revolutionize healthcare, and ESSA Pharma Inc. (Nasdaq: EPIX) ("ESSA"), a clinical-stage pharmaceutical company focused on developing novel therapies for the treatment of prostate cancer, reported a Precision Development program to support ESSA’s ongoing clinical development of EPI-7386, a first-in-class N-terminal domain androgen receptor inhibitor, in patients with metastatic castration-resistant prostate cancer ("mCRPC") failing current standard-of-care therapies (Press release, Caris Life Sciences, OCT 7, 2021, View Source [SID1234590965]).
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Under the terms of the agreement, Caris and ESSA will evaluate patient blood samples to assess genetic profiles utilizing Caris’ Whole Transcriptome Sequencing (WTS) and Whole Exome Sequencing (WES) platform. ESSA will utilize these liquid biopsies, including longitudinal data from serial samples, to better characterize the tumor biological profiles of patients in the ongoing monotherapy clinical trial of EPI-7386 in mCRPC patients.
"We are delighted to establish this collaboration with Caris," said Dr. David. R. Parkinson, Chief Executive Officer, ESSA Pharma Inc. "We believe the unique biological platform provided by Caris’ comprehensive WTS and WES profiling will provide important information at the individual patient level through a convenient blood-based test. This information may facilitate a more efficient development of EPI-7386 in patients with prostate cancer through the identification of relevant patient tumor biological subpopulations."
"We are excited to partner with ESSA to expand the reach of Caris’ best-in-class liquid biopsy offering, assessing all 22,000 genes in both DNA and RNA, which are unique to an individual’s cancer," said Brian Lamon, Chief Business Officer at Caris Life Sciences. "Precision partnering means tailoring our capabilities to the needs of our partners to maximize the potential success for their therapeutic programs – and achieving our shared goal of delivering more precise therapeutic options to patients."