Castle Biosciences to Release Third Quarter 2019 Financial Results and Host Conference Call on Monday, November 11, 2019

On October 28, 2019 Castle Biosciences, Inc. (Nasdaq: CSTL), a skin cancer diagnostics company providing personalized genomic information to improve cancer treatment decisions, reported that it will release its financial results for the third quarter ended September 30, 2019, after the close of market on Monday, November 11, 2019 (Press release, Castle Biosciences, OCT 28, 2019, https://castlebiosciences.com/press-releases/castle-biosciences-to-release-third-quarter-2019-financial-results-and-host-conference-call-on-monday-november-11-2019/ [SID1234549950]).

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Company management will host a conference call and webcast to discuss its financial results and provide a corporate update at 4:30 p.m. Eastern time on the same day.

Conference Call and Webcast Details

A live webcast of the conference call can be accessed here or via the webcast link on the Investor Relations page of the Company’s website (www.castlebiosciences.com). Please access the webcast at least 10 minutes before the conference call start time. An archive of the webcast will be available on the Company’s website until December 2, 2020.

To access the live conference call via phone, please dial 877-282-2581 from the United States and Canada, or +1 470-495-9479 internationally, at least 10 minutes prior to the start of the call, using the conference ID 4476877.

There will be a brief Question & Answer session following the corporate update.

Agios Presents Data from Single Agent Dose-Escalation Arm of Phase 1 Study of AG-270, a MAT2A Inhibitor, in Patients with MTAP-Deleted Tumors

On October 27, 2019 Agios Pharmaceuticals, Inc. (NASDAQ:AGIO), a leader in the field of cellular metabolism to treat cancer and rare genetic diseases, reported the first data from the single agent dose-escalation arm of the Phase 1 study of AG-270 in methylthioadenosine phosphorylase (MTAP)-deleted tumors at the AACR (Free AACR Whitepaper)-NCI-EORTC AACR-NCI-EORTC (Free AACR-NCI-EORTC Whitepaper) International Conference on Molecular Targets and Cancer Therapeutics (EORTC-NCI-AACR) (Free ASGCT Whitepaper) (Free EORTC-NCI-AACR Whitepaper) (Press release, Agios Pharmaceuticals, OCT 27, 2019, View Source [SID1234548673]). AG-270 is an investigational, first-in-class methionine adenosyltransferase 2A (MAT2A) inhibitor.

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"The single agent arm of the Phase 1 trial for AG-270 provides the first data from a clinical study of a MAT2A inhibitor," said Rebecca Heist, M.D., Massachusetts General Hospital and an investigator in the study. "These data demonstrate that AG-270 induces reductions in the biomarkers of MAT2A inhibition, notably plasma concentrations of S-adenosylmethionine (SAM) and tumor levels of symmetrically demethylated arginine (SDMA), at well tolerated doses. These findings will help guide the dosing and schedule for the next phase of development of AG-270 in combination with taxanes."

"Inhibition of MAT2A is a unique approach to cancer treatment, based on discoveries made by Agios scientists looking for differences in metabolism between cancer cells and normal cells," said Chris Bowden, M.D., chief medical officer at Agios. "This early clinical work with AG-270 confirms that it has the desired pharmacologic effects when given as single agent, and, supported by strong pre-clinical work and rationale, we are now enrolling patients in two combination arms in homogenous patient populations to better understand AG-270’s clinical profile when combined with taxane-based regimens for non-small cell lung and pancreatic cancer. These arms will be instrumental in gathering sufficient data to determine the next steps in clinical development."

AG-270 Phase 1 Study
The Phase 1 study of AG-270 in MTAP-deleted tumors began with a single agent dose-escalation arm to establish the maximum tolerated dose of AG-270. Secondary objectives were to characterize AG-270’s safety, tolerability, pharmacokinetics and pharmacodynamics as a monotherapy. Two additional Phase 1 arms were recently initiated to explore AG-270 in combination with taxanes in second-line non-small cell lung cancer and first or second-line pancreatic cancer.

As of the August 16, 2019 data cutoff date, 39 patients had been treated in the single agent dose-escalation arm with oral AG-270 either once or twice daily, at total daily doses ranging from 50 mg to 400 mg. The study enrolled patients with a wide range of advanced and treatment-refractory solid tumors, including bile duct cancer (18%), pancreatic cancer (18%), mesothelioma (10%) and non-small cell lung cancer (10%). Nearly half of the patients enrolled had received three or more prior lines of therapy. Thirty-six patients discontinued AG-270, primarily due to disease progression.

Pharmacokinetic and Pharmacodynamic Results

Mean exposure increased in an approximately dose-proportional manner between 50 mg and 200 mg once daily.
Mean exposure was lower at 400 mg once daily than 200 mg once daily; due to this observation, a dose of 200 mg twice daily was evaluated, which increased steady-state area under the plasma concentration-time curve (AUC) by 1.9-fold relative to a dose of 200 mg once daily.
Plasma SAM concentration decreased by 65-74% across doses of 50-200 mg once daily and 200 mg twice daily.
Analysis of nine paired tumor biopsies by IHC showed decreases in levels of SDMA residues, consistent with inhibition of the methyltransferase PRMT5, downstream of MAT2A inhibition.
Safety and Efficacy Results

The most common treatment-related adverse events Grade 3 or above were reversible increases in bilirubin (10%) due to AG-270’s known ability to inhibit UGT1A1, and reversible decreases in the platelet count (8%).
Three patients (treated at 100 mg once daily, 150 mg once daily and 200 mg twice daily) developed a generalized erythematous rash. One case resolved less than 1 week after AG-270 interruption and two cases were successfully re-challenged at a lower dose.
For patients treated in the 200 mg twice daily cohort, two of six experienced reversible acute liver injury, manifested as asymptomatic Grade 3 and 4 increases in alanine aminotransferase, aspartate aminotransferase, alkaline phosphatase and total bilirubin. Outpatient treatment with oral steroids led to complete resolution. Two of six patients experienced Grade 3 and 4 thrombocytopenia.
The maximum tolerated dose was determined to be 200 mg once daily.
In this group of patients with treatment-refractory malignancies, one confirmed partial response was observed in a patient with a high-grade neuroendocrine carcinoma of the lung treated with 200 mg of AG-270 once daily. Two additional patients experienced prolonged stable disease for >6 months.
Next Steps for AG-270 Clinical Development
Patients are currently enrolling in the two combination arms of the Phase 1 study.

One arm will test AG-270 in combination with docetaxel in up to 40 patients with MTAP-deleted non-small cell lung cancer who have had no more than two prior lines of cytotoxic therapy.
The second arm will test AG-270 in combination with nab-paclitaxel and gemcitabine in up to 45 patients with MTAP-deleted pancreatic ductal adenocarcinoma who have had no more than one prior line of cytotoxic therapy.
The goal of these arms is to further characterize the safety, tolerability, PK and PD, and to detect preliminary evidence of anti-tumor activity for the combinations.

Targeting MAT2A in Cancers with MTAP Deletion
Homozygous deletion of MTAP, the gene encoding the metabolic enzyme methylthioadenosine phosphorylase, occurs in ~15% of human malignancies. MTAP deletion almost always coincides with the loss of cyclin-dependent kinase inhibitor 2A (CDKN2A), a well known negative prognostic factor in cancer. Deletion of MTAP results in the accumulation of the enzyme’s substrate, methylthioadenosine (MTA). Increased concentrations of MTA partially inhibit the activity of protein arginine methyltransferase 5 (PRMT5), while other methyltransferases are relatively unaffected. Further reduction of PRMT5 activity can be achieved through modest reductions in the concentration of its normal substrate, the methyl donor S-adenosylmethionine (SAM). Inhibition of PRMT5 activity results in a reduction in symmetrically demethylated arginine residues (SDMAs) on target proteins, many of which are involved in mRNA splicing. AG-270 is a first-in-class, oral, potent, reversible inhibitor of methionine adenosyltransferase 2A (MAT2A), the key enzyme responsible for SAM synthesis.

Investor Event and Webcast Information
Agios will host an investor event today at 6:30 p.m. ET in Boston to review the AG-270 Phase 1 dose-escalation data and pre-clinical research. The event will be webcast live and can be accessed under "Events & Presentations" in the Investors section of the company’s website at www.agios.com. The archived webcast will be available on the company’s website beginning approximately two hours after the event.

Silicon Therapeutics Presents Preclinical Data Showing a Systemic Small Molecule STING Agonist Drives Tumor Regression through a Potent Anti-Tumor Immune Response

On October 27, 2019 Silicon Therapeutics reported that preclinical studies on its novel, small molecule, intravenously delivered STING (stimulator of interferon genes) agonist SITX-799, demonstrating the compound produced robust and durable anti-tumor immunity and tumor regression (Press release, Silicon Therapeutics, OCT 27, 2019, View Source [SID1234552832]). Based on these and other promising studies, the company expects to begin clinical trials with SITX-799 in 2020. The data were presented at a poster session at the annual AACR (Free AACR Whitepaper)-NCI-EORTC AACR-NCI-EORTC (Free AACR-NCI-EORTC Whitepaper) International Conference on Molecular Targets and Cancer Therapeutics (EORTC-NCI-AACR) (Free ASGCT Whitepaper) (Free EORTC-NCI-AACR Whitepaper) in Boston, MA.

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"STING is widely recognized as a very attractive but challenging immuno-oncology target because its activation requires both binding and conformational changes while maintaining the physical-chemical drug properties required for systemic exposure," said Christopher Winter, PhD, Silicon’s Chief of R&D. "The first STING agonists to reach the clinic lack the drug properties required for systemic exposure and therefore are suitable only for patients with tumors accessible to intra-tumoral injection. The preclinical SITX-799 data demonstrating potent, systemic anti-tumor activity at doses that are well tolerated, suggest the compound has promising potential for broad utility as a cancer immune-therapeutic."

"These data underscore the promise of our proprietary, physics-driven, discovery approach, which integrates physics with chemistry and biology, to develop novel therapeutics against difficult targets," said Lanny Sun, Silicon Therapeutics co-founder and CEO. "Our STING agonist program, including SITX-799, is the most advanced of several programs in our innate immune pipeline."

STING is a master regulator of type I interferons and a key mediator of innate immunity. Activation of STING provides two critical anti-tumor responses – (1) the "spark" for initiating a robust innate immune response and (2) priming and activation of a potent T cell-mediated anti-tumor adaptive response. By serving as a bridge between the two arms of the immune system, STING activation has the potential to transform the tumor microenvironment from immunologically "cold" to "hot" (inflamed), converting otherwise resistant tumors respond to checkpoint blockade as well as other T cell targeting immunotherapies.

In vivo studies presented at the conference show that a single dose of SITX-799 produced complete regression of colon cancer tumors in mice and robust induction of type I interferons. Cured mice were re-challenged with tumors 90 days after initial treatment and remained tumor free, demonstrating durable, anti-tumor immunity. No anti-tumor response to treatment was observed in mice lacking a functional immune system, demonstrating the immune-therapeutic mechanism of action. SITX-799 was shown to be well tolerated and demonstrated a favorable pharmacokinetic profile. In the poster, the company also presented in vitro data demonstrating potent, selective activity against all common human STING variants, rapid activation of the STING pathway, and induction of Type I interferon in human donor immune cells.

Adagene Presents Its Lead Antibody Program, ADG106, at International Conferences

On October 26, 2019 Adagene, Inc., a clinical stage biotech company with innovative antibody discovery and engineering technologies, reported that it is presenting its lead program at international conferences (Press release, Adagene, OCT 26, 2019, View Source [SID1234548675]).

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During the Festival of Biologics conference in Basel, Switzerland, Adagene gave a presentation on "Targeting the conserved epitopes of check points for rational single and combination immunotherapy", highlighting the unique power of Adagene’s proprietary antibody discovery technology, Dynamic Precision Library (DPL), in generating species cross-reactive antibodies to enable translational studies in immune intact animal models. The DPL system combines extensive computational design, machine learning and high throughput phage and yeast screening to generate cross-reactive antibodies targeting evolutionarily conserved epitopes with novel mechanism of actions and excellent developability.

A case study of ADG106, a species cross reactive agonist antibody which targets the conserved epitope of CD137 across human, monkey and mouse. ADG106 activates CD137 in a native ligand-like fashion, while it also blocks the reverse signaling mediated by CD137 ligand. Furthermore, ADG106 is shown to exhibit Fc-mediated strong crosslinking. ADG106 has been extensively tested for efficacy in both single and combination therapy using syngeneic mouse tumor models that are believed to be relevant preclinical models of intact immune system and highly translatable into a rational approach toward single and combination immunotherapies.

The clinical data from the ongoing phase 1, first-in-human, dose-escalation study of ADG106, will be presented in a poster session at the 2019 AACR (Free AACR Whitepaper)-NCI-EORTC Molecular Targets and Cancer Therapeutics Conference in Boston, Massachusetts. The Phase 1 study in the United States, First-In-Human study of ADG106 in subjects with advanced or metastatic solid tumors and/or relapsed/refractory non-Hodgkin lymphoma (NCT02407990) is being conducted at NEXT Oncology (San Antonio, Texas), and consists of dose-escalation and dose-expansion phases in disease-specific cohorts.

Anixa Biosciences Announces Collaboration with Urology San Antonio on Cchek™ Prostate Cancer Study

On October 25, 2019 Anixa Biosciences, Inc. (NASDAQ: ANIX), a biotechnology company focused on harnessing the body’s immune system in the fight against cancer, reported its collaboration with Urology San Antonio, PA in Anixa’s ongoing Cchek prostate cancer study (Press release, Anixa Biosciences, OCT 25, 2019, View Source [SID1234542520]).

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Urology San Antonio, PA joins a large and growing team of collaborators advancing the Cchek liquid biopsy technology toward commercialization.

Study enrollment will be led by board-certified urologist Dr. David R. Talley.

"We are excited to join Anixa’s Cchek prostate cancer study, and through this collaboration we hope to improve patient care," stated Dr. Talley. "Prostate cancer is one of the most common types of cancer in men, and if detected early, has a better chance of successful treatment. While several advancements have been made in recent years, there is much room for improvement in detecting the disease early and efficiently."

Dr. Amit Kumar, Anixa’s Chief Executive Officer, stated, "We are pleased to have Urology San Antonio join our Cchek prostate cancer study. The continued addition of influential physicians and urology practices to our team of collaborators is key to the eventual commercialization of our Cchek Prostate Cancer Confirmation test. We are confident this technology utilizing flow cytometry coupled with artificial intelligence to detect cancer early will make a significant impact in the overall testing paradigm."

About Cchek
Cchek is an early cancer detection technology, which measures a patient’s immunological response to a malignancy by analyzing immune system cells in peripheral blood. The goal is to utilize the technology to determine a patient’s cancer status from a simple blood draw, eliminating the need for a biopsy, which can be an expensive, painful and invasive procedure. Further, conventional methods using current cancer screening tests often lack accuracy and reliability. Anixa’s orthogonal approach using flow cytometry coupled with artificial intelligence provides an alternative method with greater affordability, efficacy and efficiency. To date, Anixa has successfully used Cchek to detect the presence of 20 different cancers including lung, colon, breast and prostate. The robust cancer detection performance of Cchek makes it a platform from which multiple cancer diagnostic tests may be developed. The first such test, a prostate cancer confirmation test, is slated for commercial launch by the end of 2019.