CymaBay Therapeutics to Report Fourth Quarter and Full Year 2019 Financial Results on Thursday, March 12

On March 5, 2020 CymaBay Therapeutics, Inc. (NASDAQ: CBAY), a clinical-stage biopharmaceutical company focused on developing therapies for liver and other chronic diseases with high unmet need, reported that it will host a conference call and live audio webcast on Thursday, March 12, 2020 at 4:30 p.m. Eastern Time to discuss financial results for the fourth quarter and year ended December 31, 2019 and to provide a business update (Press release, CymaBay Therapeutics, MAR 5, 2020, View Source [SID1234555218]).

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Conference Call Details
To access the live conference call, please dial 855-327-6837 from the U.S. and Canada, or 631-891-4304 internationally, Conference ID# 10008868. To access the live and subsequently archived webcast of the conference call, go to the Investors section of the company’s website at View Source

Rocket Pharmaceuticals Reports Full Year 2019 Financial Results and Operational Highlights

On March 5, 2020 Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT) ("Rocket"), a clinical-stage company advancing an integrated and sustainable pipeline of genetic therapies for rare childhood disorders, reported financial results for the year ended December 31, 2019, and provides an update on the Company’s recent pipeline developments, as well as upcoming milestones (Press release, Rocket Pharmaceuticals, MAR 5, 2020, View Source [SID1234555234]).

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"2019 was a pivotal year for Rocket marked by multiple clinical and regulatory achievements across the pipeline," said Gaurav Shah, M.D., Chief Executive Officer and President of Rocket. "We now have four gene therapy programs in the clinic, have established proof of concept for our lenti pipeline utilizing our commercial-grade ‘Process B’ manufacturing in both FA and LAD-I and have treated the first three patients in our Phase 1 trial for Danon Disease."

Dr. Shah continued, "We are excited to build upon the momentum by bringing our fifth program to the clinic, advancing FA and LAD-I with BLA/MAA filings commencing in the next two to three years and completing our R&D and manufacturing facility. In addition to reporting progress from our FA and LAD-I programs, we’re looking forward to presenting initial proof of concept data from PKD and Danon this year. With these anticipated milestones by year end, we are even closer to making our gene therapies available to patients and families with rare disease."

Full Year 2019 and Recent Pipeline Developments

Rocket expands footprint in Cranbury, New Jersey. Rocket’s Research & Development (R&D) and Chemistry, Manufacturing and Controls (CMC) operations will be housed in a new 103,720 square foot facility, of which 50,000 square feet will be dedicated to adeno-associated virus (AAV) Current Good Manufacturing Practice (cGMP) manufacturing. The manufacturing facility will result in a one-time additional spend of $30 million in the first half of 2020. With construction underway, Rocket has secured adequate supply of cGMP AAV9 to commercialization in partnership with a contract manufacturing organization (CMO) and established an agreed path forward with the Agency using the current process. Occupancy is anticipated in the first half of 2020, with first cGMP clinical product release expected in 2021.
Four gene therapy programs have entered the clinic. With the initiation of the global Phase 1 trial of RP-L301 for Pyruvate Kinase Deficiency (PKD) in the fourth quarter, Rocket has advanced four gene therapy candidates into the clinic. In December, the Company announced treatment of the first patient in the global registrational Phase 2 study of RP-L102 "Process B" for Fanconi Anemia (FA), representing the launch of the Company’s first Phase 2 trial. A Phase 1/2 trial of RP-L201 for Leukocyte Adhesion Deficiency-I (LAD-I) and a Phase 1 trial of RP-A501 for Danon Disease are ongoing. Data updates from each of these programs as well as for PKD are expected throughout 2020.
Proof of concept for the lenti pipeline established using "Process B". "Process B" is an optimized manufacturing method which incorporates a modified stem cell enrichment process, transduction enhancers, as well as commercial-grade vector and final drug product. Preliminary Phase 1 data highlight the potential of RP-L102 "Process B" in treating FA. "Process B" allows for consistent drug product across patients and a vector copy number (VCN) two to three-fold higher than that administered to optimally-treated "Process A" patients. These patients also demonstrated early signs of engraftment and bone marrow restoration. Results from the Phase 1/2 trial of LAD-I also establish the potential of this manufacturing process, with preliminary data from the first patient treated showing drug product VCN of 3.8, a 3-month post-treatment myeloid VCN of 1.5 and a 3-month post-treatment CD18 expression level of 45%, a clear increase as compared to the pre-treatment level of < 1%.
Global registrational Phase 2 trial of RP-L102 for FA is underway. The first patient has been treated in the global registrational Phase 2 trial of RP-L102 for FA and enrollment continues. The study initiation follows alignment from the European Medicines Agency (EMA) and U.S. Food and Drug Administration (FDA) on trial design and the primary endpoint of resistance to mitomycin-C (MMC), a measure of bone marrow cell correction. The global trial will enroll 10 patients from the U.S. and EU. Patients will receive a single intravenous infusion of RP-L102 that utilizes fresh cells and "Process B". The primary endpoint of improved MMC-resistance may also serve as a surrogate endpoint for accelerated approval. Preliminary data are expected in the second half of 2020.
Enrollment continues in Phase 1 trial of RP-L301 for PKD. The global, open-label, single-arm clinical trial will enroll six adult and pediatric transfusion-dependent PKD patients in the U.S. and Europe. The trial is designed to assess the safety, tolerability and preliminary efficacy of RP-L301. Preliminary data are anticipated in the second half of 2020.
Three patients have been treated in the low dose cohort in the Phase 1 clinical trial of RP-A501 for Danon Disease. No major safety concerns have been observed in any of the three patients treated. Phase 1 data are expected in the second half of 2020.
Three regulatory designations were awarded across the pipeline, including PRIME, Fast Track and Rare Pediatric Disease. RP-L102 for FA received EMA PRIority MEdicines (PRIME) eligibility, RP-L301 for PKD received Fast Track designation from the FDA and RP-L401 for Infantile Malignant Osteopetrosis (IMO) received Rare Pediatric Disease designation from the FDA. Each designation provides numerous incentives to support the development of Rocket’s programs, including increased access to regulatory authorities and expedited development and review timelines.
Company expands research and development collaborations for LAD-I. Rocket announced a partnership with the University of California, Los Angeles (UCLA) to lead U.S. clinical development efforts for LAD-I. The Company also received a $6.5 million grant from the California Institute for Regenerative Medicine (CIRM) to support the Phase 1/2 registrational clinical trial of RP-L201 for LAD-I.
Rocket strengthens its balance sheet by extending the maturity of the existing convertible notes and securing ~$188 million in two public equity offerings. Rocket extended the maturity of the 5.75% convertible notes due August 2021. The Company conducted an exchange offering and successfully exchanged $39.35 million of the outstanding $52 million convertible notes. The new notes will mature on August 1, 2022 and have an interest payment of 6.25% per annum. The remainder of the notes will retain the existing maturity date and interest payment. Additionally, in 2019 the Company closed two oversubscribed underwritten public offerings of common stock for gross proceeds of approximately $188 million.
Anticipated Milestones

FA (RP-L102)
Additional data update (2Q)
Preliminary Phase 2 data (2H)
Danon Disease (RP-A501)
Danon Disease day (1Q)
Cohort 1 complete (1Q)
Advancing to next cohort (2Q)
Phase 1 data (2H)
LAD-I (RP-L201)
Phase 1 data update (2H)
Initiate Phase 2 study (2H)
PKD (RP-L301)
First patient treatment (2Q)
Preliminary Phase 1 data (2H)
IMO (RP-L401)
Initiation of clinical study (2H)
Upcoming Investor Conferences

Annual Barclays Global Healthcare Conference—March 11, 2020 in Miami, F.L.
Oppenheimer’s 30th Annual Healthcare Conference—March 18, 2020 in New York, N.Y.
2nd Annual Guggenheim Genomic Medicines and Rare Disease Day—April 3, 2020 in New York, N.Y.
Fourth Quarter and Full Year 2019 Financial Results

Cash position. Cash, cash equivalents and investments as of December 31, 2019, were $304.1 million.
Debt. Our balance sheet includes $52.0 million of fully convertible notes.
R&D expenses. Research and development expenses were $14.7 million and $58.6 million for the three and twelve months ended December 31, 2019, compared to $23.7 million and $53.3 million for the three and twelve months ended December 31, 2018. The increase in research and development expenses for the twelve months ended December 31, 2019, was primarily driven by an increase in clinical trial expenses and an increase in compensation expense due to increased headcount. The decrease in research and development expenses for the three months ended December 31, 2019 was primarily due to a one time license fee payment made in the three months ended December 31, 2018.
G&A expenses. General and administrative expenses were $5.0 million and $17.5 million for the three and twelve months ended December 31, 2019, compared to $2.9 million and $17.9 million for the three and twelve months ended December 31, 2018. The increase in general and administrative expenses for three months ended December 31, 2019, was primarily driven by an increase in compensation expense and non-cash stock-based compensation expense due to increased headcount.
Net loss. Net loss was $19.9 million and $77.3 million or $0.39 and $1.58 per share (basic and diluted) for the three and twelve months ended December 31, 2019, compared to $27.3 million and $74.5 million or $0.66 and $1.89 per share (basic and diluted) for the three and twelve months ended December 31, 2018.
Shares outstanding. 54,773,061 shares of common stock were outstanding as of December 31, 2019.
Financial Guidance

Cash position. As of December 31, 2019, we had cash, cash equivalents and investments of $304.1 million. Rocket expects such resources will be sufficient to fund its operations into 2022.

Geron to Announce Fourth Quarter and Full Year 2019 Financial Results on March 12, 2020

On March 5, 2020 Geron Corporation (Nasdaq: GERN) reported that it will release its fourth quarter and full year 2019 financial results after the market closes on Thursday, March 12, 2020 via press release, which will be available on the Company’s website at www.geron.com/investors (Press release, Geron, MAR 5, 2020, View Source [SID1234555278]). Geron will host a conference call to discuss the financial results and 2020 milestones at 4:30 p.m. ET the same day.

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Participants may access the conference call live via telephone by dialing domestically +1 (866) 393-4306 or internationally +1 (734) 385-2616. The passcode is 5528886. Participants are advised to dial in at least 10 minutes prior to minimize any delay in joining the call. A live, listen-only webcast will also be available on the Company’s website at www.geron.com/investors/events. If you are unable to listen to the live call, an archived webcast will be available on the Company’s website for 30 days.

Sysmex Presents Academic Report Related to the Clinical Utility of RAS Gene Mutation Testing for Colorectal Cancer Using Liquid Biopsy(PDF?130KB)

On March 5, 2020 Sysmex Corporation (HQ: Kobe, Japan; Chairman and CEO: Hisashi Ietsugu) reported notice that Dr. Yu Sunakawa, Associate Professor in the Department of Clinical Oncology at the St. Marianna University School of Medicine, presented his research findings at the American Society of Clinical Oncology (ASCO) (Free ASCO Whitepaper) Gastrointestinal Cancers Symposium 2020 (ASCO-GI 2020), held in San Francisco, California, the United States, from January 23 to 25, 2020 (Press release, Sysmex, MAR 5, 2020, View Source [SID1234555193]). This research involved examining the utility of RAS gene1 mutation testing for colorectal cancer with liquid biopsy2 using BEAMing technology3 (OncoBEAMTM RAS CRC Kit) to help guide treatment decisions for the re-challenge of anti-EGFR monoclonal antibody therapy in patients with metastatic colorectal cancer (mCRC).

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This research involved collaborative biomarker studies (JACCRO CC-084 and CC-09AR5) conducted in cooperation with Sysmex and the Japan Clinical Cancer Research Organization (Location: Tokyo, Japan; Director: Dr. Fumimaro Takaku; "JACCRO").

The overexpression of epidermal growth factor receptors (EGFR) on the surface of colorectal cancer cells is known to promote their cellular proliferation. Numerous studies have shown that anti-EGFR monoclonal antibody drugs are effective in preventing the proliferation of these cancer cells; however, this therapy is not effective in patients whose colorectal tumors harbor RAS mutations. Accordingly, decisions on the administration of anti-EGFR monoclonal antibody drugs are usually made by assessing RAS gene mutations using resected tissues.

In recent years, clinical studies have actively investigated re-challenge of mCRC patients with antiEGFR therapy in an effort to improve the prognosis of patients who had previously responded to 1st-line anti-EGFR therapy treatment, but whose disease progressed during subsequent courses of therapy in which anti-EGFR drugs were eliminated. In the process, it was reported that no clinical benefit by the re-challenge of anti-EGFR monoclonal antibody drugs on patients determined to have wild-type RAS genes at the time of initial administration of anti-EGFR monoclonal antibody drugs might be due to the emergence of RAS mutations during anti-EGFR therapy (Source: JAMA Oncol. 2019;5(3):343-350).

Sysmex and JACCRO’s objective of this clinical research (JACCRO CC-08/09AR studies: retrospective6 study), was to examine a possible relationship between clinical outcomes of the antiEGFR re-challenge and the patient’s plasma RAS gene mutation status at the time of rechallenge. This analysis was accomplished via liquid biopsy using OncoBEAMTM RAS CRC Kit to determine the status of RAS gene mutations in circulating tumor DNA of mCRC patients prior to and during anti-EGFR therapy re-challenge. Results showed that the re-challenge of mCRC patients with anti-EGFR monoclonal antibody drugs improved the prognosis (progression-free survival7 and overall survival8) more for RAS wild-type patients than for RAS mutant patients. The results of this research, presented at ASCO (Free ASCO Whitepaper)-GI 2020, indicated the clinical utility of liquid biopsy for RAS gene mutation testing for colorectal cancer when deciding on the re-challenge of anti-EGFR monoclonal antibody drugs.

Since obtaining tumor tissue biopsy samples from metastatic sites place undue physical burden on patients, the liquid biopsy approach to determine RAS mutation status from blood samples is clearly a less invasive approach. Moreover, a liquid biopsy RAS mutation test gives the most timely RAS mutation result at the time of recurrence and anti-EGFR re-challenge, rather than relying on data obtained from testing archival tumor tissue samples. Going forward, progress on prospective6 studies to verify the effectiveness of decisions to re-challenge mCRC patients with anti-EGFR monoclonal antibody drugs informed by OncoBEAMTM RAS CRC Kit for RAS gene mutation testing is expected to contribute to the clinical implementation and utility of this test in the re-challenge treatment of anti-EGFR monoclonal antibody drugs.

By delivering new methods for diagnosing cancer to patients as quickly as possible, Sysmex is taking the lead in the global realization of personalized medicine and contributing to the enhancement of patients’ quality of life and advances in healthcare.

Data Sheet

Presented at: American Society of Clinical Oncology (ASCO) (Free ASCO Whitepaper) Gastrointestinal Cancers Symposium 2020 (ASCO-GI 2020)
Date: January 23–25, 2020
Poster number: 166
Title: RAS status in circulating-tumor DNA (ctDNA) and outcomes during rechallenge treatments with anti-EGFR antibodies in metastatic colorectal cancer (mCRC)

The study was performed on the association between the presence of RAS gene mutations (RAS wild-type patients (10 cases) and RAS mutant patients (6 cases)) and clinical outcome for patients receiving rechallenge with Cetuximab or Panitumumab (16 cases). Prior to re-challenge of antiEGFR monoclonal antibody drugs, OncoBEAMTM RAS CRC Kit was used to measure RAS gene mutations in plasma samples.

The results showed significantly longer survival for RAS wild-type patients than for RAS mutant patients, both for progression-free survival (4.7 months for RAS wild-type patients and 2.3 months for RAS mutant patients) and overall survival (16.0 months for RAS wild-type patients and 3.8 months for RAS mutant patients). These results point to the clinical utility of RAS gene testing using liquid biopsy prior to re-challenge of anti-EGFR monoclonal antibody drugs and are expected to contribute to the determination of more appropriate treatment methods.

Terminology

1 RAS gene: As the likelihood is high that patients with RAS gene (KRAS/NRAS gene) mutations will not benefit (prolongation of life, tumor reduction) from the administration of anti-EGFR drugs, companion diagnostics may be performed to treat the gene mutation first.

2 Liquid biopsy: Similar in performance to a biopsy, which is carried out on a sample taken from tissue such as tumors, but which attempts to reduce the burden on the patient by using blood tests.

3 BEAMing technology: This gene analysis method combines ultrahigh-sensitivity PCR and flow cytometry technologies. BEAMing technology is used to capture individual DNA molecules with magnetic particles in droplets measuring several microns in diameter and then detecting the amplification of the DNA molecules on the magnetic particles. OncoBEAM RAS CRC Kit based on BEAMing technology is an in vitro diagnostic test (in vitro diagnostic medical device registration number: 30100EZX00010000, MHLW-approved on July 19, 2019, Manufactured and supplied by Sysmex) for detecting RAS mutations in ctDNA extracted from the plasma of colorectal cancer patients.

4 JACCRO CC-08AR test: Biomarker research related to a Phase II clinical trial on the re-challenge of Cetuximab for tertiary treatment of KRAS gene wild-type unresectable, advanced, recurrent colorectal cancer to patients with a history of treatment with the anti-EGFR monoclonal antibody drug Cetuximab

5 JACCRO CC-09AR test: Biomarker research related to a Phase II clinical trial on the re-challenge of Panitumumab for tertiary treatment of KRAS gene wild-type unresectable, advanced, recurrent colorectal cancer to patients with a history of treatment with the anti-EGFR monoclonal antibody drug Panitumumab

6 Prospective/retrospective: A prospective (forward-looking) study refers to an epidemiological survey method indicating that information is to be gathered from the start of the survey forward into the future. By contrast, retrospective (backward-looking) studies indicate the gathering of patient information retroactive from the start of the study.

7 Progression-free survival: The period during treatment (following treatment) when cancer is not progressing and the condition is stable.

8 Overall survival: The period of a patient’s survival, beginning with the registration date of a clinical study

Synlogic Announces Fourth Quarter and Full Year 2019 Conference Call and Webcast

On March 5, 2020 Synlogic, Inc. (Nasdaq: SYBX), a clinical stage company applying synthetic biology to beneficial microbes to develop novel, living medicines, reported that the Company will release its fourth quarter and full year 2019 financial results after the market closes on Thursday, March 12, 2020 (Press release, Synlogic, MAR 5, 2020, View Source [SID1234555219]). The press release will be followed by a conference call at 5:00 pm ET, which will be open to the public via telephone and webcast. During the conference call, the Company will review its financial results and provide a corporate update.

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The conference call dial-in numbers are (844) 815-2882 for domestic callers and (213) 660-0926 for international callers. The conference ID number for the call is 4089293. Participants may access the live webcast via a link on the Synlogic website in the Events Calendar of the Investors and Media section. For those unable to participate in the conference call or webcast, a replay will be available for 30 days on the Company’s website.