Zimmer Biomet Announces Webcast and Conference Call of Third Quarter 2020 Financial Results

On October 6, 2020 Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH) reported its third quarter earnings conference call will be webcast on Friday, November 6, 2020, at 8:30 a.m. ET (Press release, Zimmer Holdings, OCT 6, 2020, View Source [SID1234568177]). A news release detailing the quarterly results will be made available that day at 6:30 a.m. ET.

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The live audio webcast can be accessed via Zimmer Biomet’s Investor Relations website at https://investor.zimmerbiomet.com. It will be archived for replay following the conference call.

Individuals in the U.S. and Canada who wish to dial into the conference call may do so by dialing (888) 312-9837 and entering conference ID 7278985. For a complete listing of international toll-free and local numbers, please visit https://investor.zimmerbiomet.com. A digital recording will be available after the completion of the conference call, from November 6, 2020 to January 10, 2021. To access the recording, U.S. callers should dial (888) 203-1112 and international callers should dial +1 (719) 457-0820, and enter the Access Code ID 7278985.

Novalgen licenses mAbsolve’s QumAb™ technology to improve the safety of therapeutic antibodies

On October 6, 2020 NovalGen reported that a new generation of antibody variant developed by mAbsolve has been licensed to Novalgen for evaluation in their pipeline of therapeutic antibodies for treatment of cancer, leukaemias and cardiovascular disease (Press release, NovalGen, OCT 6, 2020, View Source [SID1234633769]).

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QumAb is a small variation to the natural antibody structure which eliminates the unwanted inflammatory responses often associated with antibody therapy. In some situations, these responses are beneficial, but often they lead to unpleasant, even dangerous side-effects.

Previous work met with some success, and today about 50% of therapeutic antibodies in development include some sort of alteration to mitigate unwanted side-effects. However, these approaches do not solve the problem completely. QumAb builds on this previous work to provide a complete Fc-silencing solution with excellent manufacturability properties.

Dr Ian Wilkinson, inventor of the QumAb technology, said: "After working with numerous pharma and biotech companies using the earlier methods with limited success, I became convinced that a better solution was possible. I went back to first principles to design and screen a large panel of variants from which QumAb was discovered. I am delighted that in such a short time the new technology is being taken into commercial development."

Prof Geoff Hale, CEO of mAbsolve, said: "I have devoted my career to the development of therapeutic antibodies, and while we saw some success, many promising antibody drugs were discarded because of unacceptable levels of inflammatory response. QumAb is the best solution to this problem that I have seen and I am thrilled to be working with Novalgen as the first adopter of this new technology."

Mr Nilesh Modi, COO of Novalgen, said: "I’m delighted to be working with the newly formed mAbsolve team, who individually have fantastic track records. Licensing the QumAb antibody silencing solution will add to our array of technologies and we hope will help us develop safer antibody therapies, and will deliver the life-changing treatments that many patients desperately need.."

Prof Amit Nathwani, CEO and Founder of Novalgen. Professor of Haematology, University College London said: "The QumAb technology represents a significant advance and will help NovalGen develop life changing therapeutics for a range of disorders with unmet clinical need. We are excited to be working in partnership with mAbsolve."

Prof Kerry Chester, Chief Scientific Officer of Novalgen and Professor of Molecular Medicine, University College London said: "We are thrilled to be early adopters of the QumAb Fc-silencing technology. I have every confidence in the mAbsolve team and believe that QumAb technology will be a critical part of new antibody-based therapies."

OncoSec Announces Issuance of New U.S. Patent Expanding Coverage of TAVO™ and Its Gene Delivery Platform

On October 6, 2020 OncoSec Medical Incorporated (NASDAQ:ONCS) (the "Company" or "OncoSec"), a company developing late- stage intratumoral cancer immunotherapies, reported the issuance of a new patent covering its interleukin-12 (IL-12) based immunotherapy platform, including its lead product candidate TAVO (Press release, OncoSec Medical, OCT 6, 2020, View Source [SID1234568145]). Specifically, on October 6, 2020, the United States Patent and Trademark Office issued U.S. Patent No. 10,792,375, entitled Method for the Treatment of Malignancies, which covers the Company’s interleukin-12 (IL-12) based immunotherapy platform, including its lead product candidate TAVO, and its proprietary EP gene delivery system . This patent covers the use of intratumoral electroporation of DNA encoding interleukins (such as IL-12) to treat cancer and is significant because it is not specific to which type of immune-stimulatory interleukin can be used to treat a patient, nor is it limited to a particular type of cancer.

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"This new patent further strengthens our core intellectual property estate, broadening the exclusivity of OncoSec’s novel combination drug-device platform for the intratumoral delivery of immune-stimulatory interleukins," said Keir Loiacono, General Counsel and Vice President, Corporate Development at OncoSec. "The new IP serves to secure our competitive position in the intratumoral oncology space and builds on our patent portfolio of growing scope."

Castle Biosciences to Present Data at the 2020 American Society for Dermatologic Surgery (ASDS) Virtual Annual Meeting

On October 6, 2020 Castle Biosciences, Inc. (Nasdaq: CSTL), a skin cancer diagnostics company providing personalized genomic information to improve cancer treatment decisions, reported that its data will be featured in oral presentations during the 2020 American Society for Dermatologic Surgery (ASDS) Virtual Annual Meeting, October 9-11, 2020 (Press release, Castle Biosciences, OCT 6, 2020, View Source [SID1234568162]).

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Presentation details are as follows:

Title: Clinical validation and incorporation of a prognostic 40-gene expression profile test into clinicopathological risk assessment for cutaneous squamous cell carcinoma (cSCC)
Session: Skin Cancer & Reconstruction
Presenter: Sherrif Ibrahim M.D., Ph.D., associate professor, University of Rochester Medical Center
Date: Friday, October 9, 2020
Time: 6:24 p.m. – 6:27 p.m. ET

Title: Cutaneous melanoma prognostic model combining 31-gene expression profile and sentinel lymph node biopsy
Session: Skin Cancer & Reconstruction
Presenter: Aaron Farberg, M.D., Baylor University Medical Center, Dallas, Texas
Date: Friday, October 9, 2020
Time: 6:30 p.m. – 6:33 p.m. ET

The virtual presentations will be available to meeting registrants for 30 days following the meeting.

About DecisionDx-Melanoma

DecisionDx-Melanoma is a gene expression profile test that uses an individual patient’s tumor biology to predict individual risk of cutaneous melanoma metastasis or recurrence, as well as sentinel lymph node positivity, independent of traditional staging factors, and has been studied in more than 5,700 patient samples. Using tissue from the primary melanoma, the test measures the expression of 31 genes. The test has been validated in four archival risk of recurrence studies of 901 patients and six prospective risk of recurrence studies including more than 1,600 patients. Prediction of the likelihood of sentinel lymph node positivity has also been validated in two prospective multicenter studies that included more than 3,000 patients. Impact on patient management plans for one of every two patients tested has been demonstrated in four multicenter and single-center studies including more than 560 patients. The consistent performance and accuracy demonstrated in these studies provides confidence in disease management plans that incorporate DecisionDx-Melanoma test results. Through June 30, 2020, DecisionDx-Melanoma has been ordered more than 59,900 times for use in patients with cutaneous melanoma.

About DecisionDx-SCC

DecisionDx-SCC is a 40-gene expression profile test that uses an individual patient’s tumor biology to predict individual risk of squamous cell carcinoma metastasis for patients with one or more risk factors. The test result, in which patients are stratified into a Class 1, 2A or 2B risk category, predicts individual metastatic risk to inform risk-appropriate management.

Peer-reviewed publications have demonstrated that DecisionDx-SCC is an independent predictor of metastatic risk and that integrating DecisionDx-SCC with current prognostic methods can add positive predictive value to clinician decisions regarding staging and management.

More information about the test and disease can be found at www.mySCCskincancer.com.

Neogene Therapeutics Appoints Former Roche Chairman and Chief Executive Officer Franz B. Humer, Ph.D., as Executive Chairman of Board of Directors

On October 6, 2020 Neogene Therapeutics, Inc., a pre-clinical stage biotechnology company pioneering a new class of fully personalized neo-antigen T cell therapies to treat cancer, reported the appointment of Franz B. Humer, Ph.D., as Executive Chairman of the Board of Directors (Press release, Neogene Therapeutics, OCT 6, 2020, View Source [SID1234568146]). A world-renowned pharmaceutical industry trailblazer, Dr. Humer served as Chairman and Chief Executive Officer of Roche Holding, Ltd. over a period of 16 years before retiring in 2014. As a result of the recent Series A financing, Rachel Mears of Jeito Capital, Elisa Petris, Ph.D., of Syncona Investment Management Ltd., Caroline Stout of EcoR1 Capital, and Katherine Wood of TPG Capital, also have joined the Neogene Board.

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"We are honored to welcome Franz as Executive Chairman of our Board of Directors. His vast experience in the development of ground-breaking therapies and decades of unparalleled leadership as a pioneer in the pharmaceutical industry will be invaluable as we advance the development of a novel class of engineered T cell therapies," said Carsten Linnemann, Ph.D., President, Chief Executive Officer and Co-Founder of Neogene Therapeutics. "With the recent completion of our $110 million Series A financing, I am looking forward to working closely with Franz and the Board to advance our differentiated technology and realize a new paradigm of personalized cancer treatment for patients."

Dr. Humer joined Roche in 1995 as Head of the Pharmaceuticals Division and Member of the Board. He was appointed CEO in 1998 and Chairman of the Board of Directors and CEO in April 2001. From March 2008 to March 2014, he served as Chairman of the Board of Directors of Roche Holding Ltd. Prior to Roche, Dr. Humer spent more than a decade at Glaxo Holdings, where he was appointed Managing Director of Glaxo Pharmaceuticals UK, Ltd. in 1987. He was elected to the Board in 1989 and became Chief Operating Director of worldwide operations (excluding the United States) in 1992. He earned a doctorate in law from Innsbruck University and an M.B.A. from INSEAD in Fontainebleau, France.

"I’m excited to join Neogene and its world-class team of cell therapy experts as they look to advance the development of neo-antigen T cell therapies and lead innovation in cancer treatment," said Dr. Humer. "The company has already made impressive progress as it develops therapies that have the potential to make a true difference for cancer patients. I look forward to contributing my experience in biopharma drug development, working closely with Carsten and the executive leadership as well as my fellow new board members to help grow the company and bring fully personalized engineered T cell therapies to patients living with advanced solid tumors."

Dr. Humer currently serves as an independent Director of Allogene Therapeutics, a company developing novel allogeneic CAR-T cell therapies. In addition, he holds private Board appointments across industries and serves as a non-executive Director of Cydar, Chairman of HMNC Holding, a healthcare advisor to a number of international institutions, and Chairman of the Board of the International Centre for Missing and Exploited Children and the Humer Foundation.

Newly Appointed Members of Neogene Board of Directors

Rachel Mears is a Partner at Jeito Capital. She has more than 20 years of transactional, operational and legal experience in the biotechnology and pharmaceutical industries. Ms. Mears led Strategy and International Business Operations at Forest Laboratories, where she worked on the successful development and commercialization of over 10 U.S. Food and Drug Administration-approved drugs and spearheaded the company’s integration with Allergan (then known as Actavis). Previously, Ms. Mears served as Chief Business Officer and General Counsel at Modern Meadow and as Senior Counsel, Chief of Staff, to PepsiCo’s General Counsel. Ms. Mears began her career as a patent attorney, first with Morrison & Forester and later with Kirkland & Ellis, specializing in complex intellectual property strategy and litigation. She currently serves on the Board of Trustees at Hackley School. Ms. Mears received a B.S. with honors in chemistry from Stanford University and a J.D. from New York University School of Law and was admitted to the U.S. Patent Bar.
Elisa Petris, Ph.D., is a Partner at Syncona Investment Management Ltd., a Director on the Board of Quell Therapeutics, and an observer on the Board of Achilles Therapeutics. She previously served on the Board of Blue Earth Diagnostics. She has been closely involved in the foundation of these companies, including their operational and strategic set-up. Previously, she was a Senior Associate at Michel Dyens & Co., where she worked on transactions covering the healthcare industry, and a member of the Life Science team at L.E.K. Consulting. While at L.E.K., she worked on projects for biotech, pharma and private equity clients. Dr. Petris earned a Ph.D. in molecular biology from Imperial College and an M.B.A. from London Business School.
Caroline Stout is a Principal at EcoR1 Capital. She also serves as Chief Investment Officer of Panacea Acquisition Corporation. At EcoR1 Capital, Ms. Stout focuses on investing in private and public biotechnology companies. She has led multiple investments in the cell and gene therapy space. She serves as a Board observer for Accent Therapeutics and Neurogene Inc. Previously, she served as a Board observer for Prevail Therapeutics. Prior to EcoR1, Ms. Stout was a healthcare investment banker at Credit Suisse, where she worked on a variety of transactions across the healthcare and biotechnology sectors. Ms. Stout graduated magna cum laude from Georgetown University with a B.A. in economics.
Katherine Wood is a Principal at TPG Capital, where she focuses on investments in the healthcare sector. She currently serves on the Boards of LifeStance Health, Convey Health Solutions, Kadiant, AskBio and Ellodi Pharmaceuticals and was previously on the Board of Adare Pharmaceuticals. She was involved in TPG’s investments in Allogene Therapeutics, Aptalis, EnvisionRx, IASIS and Par Pharmaceutical. Prior to joining TPG, Ms. Wood worked in healthcare investment banking at Goldman, Sachs & Co. She received a B.S. with honors in molecular and cell biology from Stanford University and an M.B.A. with distinction from Harvard Business School.
Existing Neogene Board members include the following:

Raul Jain, M.D., is a Director at Vida Ventures. He has more than 20 years of experience in science, medicine and academia, including in cell therapy and oncology development. Prior to Vida Ventures, he held roles of increasing responsibility at Kite Pharma, most recently as Vice President and Head of Development, where he oversaw the development and regulatory approvals of multiple CAR and TCR-engineered T cell programs. Previously, Dr. Jain served as Global Development Lead at Amgen, where his role included overseeing the development and regulatory approvals of small molecules and biologics in oncology. Dr. Jain currently serves on the Board of Directors for InnoSkel and Quanta. He completed his post-doctoral training in biophysics at Rockefeller University, and fellowship training at MD Anderson Cancer Center, where he was Chief Fellow. He completed a B.A. in chemistry and biochemistry at Rice University. He earned an M.D. and completed his internal medicine internship and residency at UT Southwestern Medical School, where he was a Howard Hughes Fellow.
Carsten Linnemann, Ph.D., is the President, Chief Executive Officer, and a Co-Founder of Neogene. Before Neogene, Dr. Linnemann served as Associate Director, Next Generation T Cell Therapies​ and Managing Director of Kite Pharma EU B.V. He has co-founded several biotech companies, including T-Cell Factory B.V. (acquired by Kite Pharma, Inc. in 2015). He has co-authored several publications in the field of genetic engineering of T cells, and done seminal work on human neo-antigen biology. Dr. Linnemann has been awarded numerous professional honors including the Thesis Prize from the Netherlands Society of Gene and Cell Therapy and the Antoni van Leeuwenhoek Career Achievement Award from The Netherlands Cancer Institute. Dr. Linnemann is an alumnus of the German Academic Foundation and the Boehringer Ingelheim Fonds – Foundation for Biomedical Research. He received a Ph.D. with honors for his work on engineering T cell immunity by TCR gene transfer in the laboratory of Dr. Ton Schumacher at The Netherlands Cancer Institute.
Ton N.M. Schumacher, Ph.D., is a Co-Founder of Neogene and Principal Investigator at The Netherlands Cancer Institute, Oncode Institute member, and Professor of Immunotechnology at Leiden University Medical Center. Dr. Schumacher previously co-founded AIMM Therapeutics, Neon Therapeutics and T Cell Factory and served as Chief Scientific Officer of Kite Pharma EU. In addition, Dr. Schumacher serves as Venture Partner at Third Rock Ventures. He is an internationally renowned researcher in the areas of cancer neoantigens and TCR therapies, and in recognition of his work in these areas, he has received, among others, the Amsterdam Inventor Award, the Queen Wilhelmina Cancer Research Award, the Meyenburg Cancer Research Award, the William B. Coley Award, and the Stevin Award of the Dutch Research Council.
David M. Tanen is Corporate Secretary of Neogene and a Partner and Co-Founder of Two River Consulting, which specializes in creating, operating and financing development-stage life science companies. Mr. Tanen is also a Co-Founder of Kite Pharma, where he served as an officer and General Counsel from its inception until its acquisition by Gilead Sciences; a Co-Founder of Kronos Bio, where he serves as an officer and member of the Board of Directors; and a Co-Founder and Officer of Allogene Therapeutics. He also serves as an advisor to Vida Ventures. Mr. Tanen received a B.A. from The George Washington University and a J.D. from Fordham University School of Law, where he has served on the Dean’s Planning Council for more than 10 years as well as the Entrepreneurial Law Advisory Council.