Johnson & Johnson Announces Quarterly Dividend for Fourth Quarter 2019

On October 17, 2019 Johnson & Johnson (NYSE: JNJ) reported that its Board of Directors has declared a cash dividend for the fourth quarter of 2019 of $0.95 per share on the company’s common stock (Press release, Johnson & Johnson, OCT 17, 2019, View Source;johnson-announces-quarterly-dividend-for-fourth-quarter-2019-300940675.html [SID1234542345]). The dividend is payable on December 10, 2019 to shareholders of record at the close of business on November 26, 2019. The ex-dividend date is November 25, 2019.

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Nuvo Pharmaceuticals™ Announces Third Quarter 2019 Results Release Date and Conference Call Details

On October 17, 2019 Nuvo Pharmaceuticals Inc. (Nuvo or the Company) (TSX:NRI;OTCQX:NRIFF), a Canadian-focused healthcare company with global reach and a diversified portfolio of commercial products, reported it intends to release its third quarter 2019 financial results before markets open on Thursday, October 31, 2019 (Press release, Nuvo Pharmaceuticals, OCT 17, 2019, View Source [SID1234542346]).

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The Company will subsequently hold a conference call that same day, Thursday, October 31, 2019 at 8:30 a.m. ET, hosted by Jesse Ledger, Nuvo’s President & Chief Executive Officer and other senior management. A question-and-answer session will follow the corporate update.

CONFERENCE CALL DETAILS

DATE:

Thursday, October 31, 2019

TIME:

8:30 a.m. ET

DIAL-IN NUMBER:

416 764 8688 or 1 888 390 0546

TAPED REPLAY:

416 764 8677 or 1 888 390 0541 / REPLAY PASSCODE: 072242 #

The audio webcast can be accessed at:

View Source

Arvinas to Present Initial Data from Ongoing Clinical Trials and a Pipeline Update at the 2nd Targeted Protein Degradation Summit

On October 17, 2019 Arvinas Inc., (Nasdaq: ARVN), a biotechnology company creating a new class of drugs based on targeted protein degradation, reported it will be participating in multiple sessions of the 2nd Targeted Protein Degradation Summit (Press release, Arvinas, OCT 17, 2019, View Source [SID1234542328]). In one of these sessions, Ian Taylor, Ph.D., Chief Scientific Officer at Arvinas, will share an update on the company’s PROTAC protein degrader platform, including initial safety, tolerability, and pharmacokinetic data from Arvinas’ ongoing Phase 1 clinical trials of ARV-110 and ARV-471.

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Dr. Taylor’s presentation is October 23 and is one of three that Arvinas will participate in at the conference, which is being held October 22-24 at the Hilton Boston Logan Airport in Boston, MA. On October 24, Angela Cacace, Ph.D., VP of Neuroscience and Platform Biology at Arvinas, will share recent data from Arvinas’ preclinical neurodegeneration programs targeting tau and alpha-synuclein. Also, on October 24, Randy Teel, Ph.D., VP of Corporate Development, will participate in a panel discussion on the field of targeted protein degradation.

Arvinas Presentations at the 2nd Targeted Protein Degradation Summit

Moving PROTAC Protein Degraders from the Laboratory to the Clinic
° Presenter: Ian Taylor, Ph.D., CSO
° Date and Time: October 23 – 11:30 AM
Keynote Plenary: Accelerating Emerging Protein Degraders into the Clinic: Industry Leaders Panel Discussion
° Panelist: Randy Teel, Ph.D., VP, Corporate Development
° Date and Time: October 24 – 9:30 AM
Discovery of Brain Penetrant PROTACDegrader Molecules that Target Pathologic Tau Protein Species
° Presenter: Angela Cacace, Ph.D., VP, Neuroscience and Platform Biology
° Date and Time: October 24 – 11:30 AM

Accelerate Diagnostics Schedules Call to Review Third Quarter 2019 Results

On October 17, 2019 Accelerate Diagnostics, Inc. (NASDAQ: AXDX) reported that it will report financial results for the third quarter of 2019 after the market close on Thursday, November 7, 2019 (Press release, ACCELERATED MEDICAL DIAGNOSTICS, OCT 17, 2019, View Source [SID1234542347]). The company’s management will host a conference call at 4:30 p.m. ET that same day to review the results.

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Listen to the audio webcast online by visiting ir.axdx.com and selecting the event. A replay of the audio webcast will be available until November 28, 2019.

To listen by phone, dial +1.877.883.0383 and enter the conference ID: 2508360

International participants may dial +1.412.902.6506. Please dial in 10-15 minutes prior to the start of the conference. A replay of the call will be available by telephone at +1.877.344.7529 (U.S.) or +1.412.317.0088 (international) using the replay code 10136055 until November 28, 2019.

Chi-Med highlights publication of Phase II data showing promising efficacy for Savolitinib in MET-amplified gastric cancers

On October 17, 2019 Hutchison China MediTech Limited ("Chi-Med") (AIM/Nasdaq: HCM) reported the publication of results from the Phase II VIKTORY (targeted agent eValuation In gastric cancer basKeT KORea studY) trial in Cancer Discovery, a journal of the American Association of Cancer Research1 (Press release, Hutchison China MediTech, OCT 17, 2019, View Source [SID1234542329]). The principal study investigator was Dr. Jeeyun Lee, Associate Professor at the Division of Hematology-Oncology, Samsung Medical Center, Sungkyunkwan University School of Medicine, Seoul, Korea.

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The research article titled "Tumor Genomic Profiling Guides Patients with Metastatic Gastric Cancer to Targeted Treatment: The VIKTORY Umbrella Trial" in the October 2019 issue of Cancer Discovery details the VIKTORY study, which was designed to classify patients with metastatic gastric cancer based on clinical sequencing and focused on eight different biomarker groups, including MET amplification, to assign patients to one of the 10 associated clinical trials in second-line treatment.

Dr. Lee and colleagues classified 772 patients with gastric cancer and successfully sequenced 715 patients (92.6%). Based on this sequencing, MET amplification was observed in 3.5% of patients (25/715). Of the 10 associated clinical trials under the VIKTORY umbrella, the highest objective response rate ("ORR") was observed in the MET amplification savolitinib monotherapy trial, which reported an ORR of 50% (10/20, 95% CI: 28.0 – 71.9). Dr. Lee and colleagues concluded that the savolitinib monotherapy trial also met the pre-specified 6-week progression free survival rate, indicating that it is worthy of further exploration in the MET amplification subset of patients with gastric cancer.

Gastric cancer was the third leading cause of cancer related mortality in 2018, causing 783,000 deaths worldwide. The prognosis of patients with metastatic gastric cancer remains extremely poor, with a median overall survival of less than 12 months with cytotoxic chemotherapy.

1 Jeeyun Lee, Seung Tae Kim et al. Tumor Genomic Profiling Guides Patients with Metastatic Gastric Cancer to Targeted Treatment: The VIKTORY Umbrella Trial. Cancer Discov October 1 2019 (9) (10) 1388-1405; DOI: 10.1158/2159-8290.CD-19-0442.

About Savolitinib

Savolitinib is a potential first-in-class inhibitor of MET, an enzyme which has been shown to function abnormally in many types of solid tumors. Chi-Med designed savolitinib to be a potent and highly selective oral inhibitor, which, through chemical structure modification, addresses human metabolite-related renal toxicity, the primary issue that halted development of several other selective MET inhibitors. In clinical studies to date, involving over 900 patients, savolitinib has shown promising signs of clinical efficacy in patients with MET gene alterations in multiple tumor types with an acceptable safety profile. Chi-Med is currently testing savolitinib in partnership with AstraZeneca in Phase Ib/II studies, in multiple solid tumor indications, both as a monotherapy and in combinations.