New Data Presented at 24th EHA Congress from Oncopeptides’ Phase 1/2 ANCHOR Trial Evaluating Melflufen in Relapsed/Refractory Multiple Myeloma (RRMM)

On June 14, 2019 Oncopeptides AB (Nasdaq Stockholm: ONCO), reported new data presented at the 24th Congress of the European Hematology Association (EHA) (Free EHA Whitepaper) in Amsterdam, including updated interim data from the ongoing phase 1/2 ANCHOR study and data from its phase 1/2 O-12-M1 study (Press release, Oncopeptides, JUN 14, 2019, View Source [SID1234537086]).

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On 16 June 2019, interim data from Oncopeptides’ ongoing, pivotal Phase 2 HORIZON trial will also be presented as an oral presentation by Professor Paul G. Richardson, Professor of Medicine at Harvard Medical School and Clinical Program Leader, Director of Clinical Research at the Jerome Lipper Multiple Myeloma Center Dana-Farber Cancer Institute in Boston, Massachusetts, USA.

The full posters presented at EHA (Free EHA Whitepaper) can be found on the company webpage under:

www.oncopeptides.com / Investors & media / Presentations / 2019 EHA (Free EHA Whitepaper)

Comment from CEO Jakob Lindberg
"It is very encouraging to see consistently high response rates with deepening responses over time for melflufen in combination with proteasome inhibition and anti-CD38 therapies in the ongoing ANCHOR study in patients with relapsed/refractory multiple myeloma. The progression free survival similarly looks encouraging with some patients having been on treatment for more than a year and at this point in time only one patient in each arm has experienced disease progression. Together with the emerging safety and tolerability profile, this strengthens our belief that melflufen could add value for myeloma patients also as part of combination regimens," said Jakob Lindberg, CEO of Oncopeptides. "The results from the O-12-M1 study demonstrate that melflufen can offer disease stabilization and favourable time to the next treatment. It is strategically important from a health economic perspective and supports the potential that melflufen may play an important role in the treatment of patients with RRMM."

Overall Conclusions – ANCHOR Poster Presentation

Based on interim data from the ANCHOR trial in patients with RRMM, the combination of melflufen and dexamethasone with either bortezomib or daratumumab is well tolerated.
Evolving efficacy is encouraging in both combinations, with 90% of patients still on treatment.
For patients that had completed two or more cycles of therapy the overall response rate (ORR) was 100% for the bortezomib combination and 82% for the daratumumab combination. Responses with both combinations improved with continued therapy.
No dose limiting toxicities (DLTs) have been observed across both regimens and dose levels.
Grade 3/4 adverse events (AEs) were mostly hematologic and all were clinically manageable.
Comment from Dr. Enrique Ocio
"The updated interim data from ANCHOR that is investigating the combination of melflufen and dexamethasone with either bortezomib or daratumumab in patients with relapsed/refractory multiple myeloma, show very encouraging efficacy both in terms of response rates and emerging durability of the responses. It will be exciting to continue to follow these trial results as more patients enroll in the study and continue treatment with combination regimens based on melflufen," said Dr. Enrique Ocio at Hospital Universitario Marques de Valdecilla, Santander, Spain.

About the OP-104 ANCHOR study
ANCHOR is a phase 1/2 trial where melflufen and dexamethasone is dosed in combination with either bortezomib or daratumumab. All patients must have 1-4 prior lines of therapy and be refractory (or intolerant) to an immunomodulary agent (IMiD) or a proteasome inhibitor (PI) or both. The trial is currently open for enrollment at multiple sites globally. More information can be found at: View Source;rank=4

In the bortezomib combination arm (Regimen A) patients cannot be refractory to a PI and in the daratumumab combination arm (Regimen B) patients cannot be previously exposed to any anti-CD38 therapy. Patients will be treated until documented disease progression or unacceptable toxicity. The primary objective of the phase 1 part of the study is to determine the optimal dose of melflufen, up to a maximum of 40 mg, and dexamethasone in combination with bortezomib or daratumumab. Additional patients per regimen are recruited in the phase 2 part of the trial where the primary objective is ORR.

Summary of the OP-104 ANCHOR interim data

Melflufen in combination with bortezomib – Regimen A
At the time of data cutoff, 8 May 2019, five patients had been treated with melflufen (three with 30 mg, two with 40 mg). The median age was 73 years, with a median of two prior lines (range, 2-4), and no patient had achieved CR in any previous line. All patients had relapsed / refractory disease and two of the five patients were last?line refractory (disease progression while on therapy).

The median treatment duration was 7.4 months (range, 2-11 months). Four patients were ongoing on treatment while one discontinued treatment due to disease progression after 10 months. Two patients achieved very good partial response (VGPR) and three patients achieved partial responses (PR) for an ORR of 100%.

Melflufen in combination with daratumumab – Regimen B
At the time of data cutoff, 8 May 2019, twenty-four patients had been treated with melflufen (six with 30 mg, eighteen with 40 mg). The median age was 60 years with a median of two prior lines of therapy.

The median treatment duration was 7.9 months (range, 0?11 months) and 1.2 months (range, 0?9 months) on 30 mg and 40 mg, respectively. All six patients on 30 mg and 16 of the 18 patients on 40 mg were still ongoing. Two patients discontinued treatment due to physician’s decision (one due to lack of response).

Tabell ANCHOR

Overall Conclusions – O-12-M1 Poster Presentation

Melflufen plus dexamethasone treatment results in disease stabilization in 76% of RRMM patients, which translates to a median Time To Next Treatment (TTNT) of 7.9 months (10.6 months when censoring at time of death), which compares favorably with other relevant trials.
A median OS of 20.7 months in an advanced RRMM population, suggesting that melflufen therapy is associated with a long?term benefit and allows patients to receive further treatment to control disease.
Results support previously presented data showing the promising efficacy profile of melflufen for the treatment of RRMM.
Comment from Dr. Sara Bringhen
"The data presented at EHA (Free EHA Whitepaper) from the phase 1/2 study, O-12-M1, is very important. A high proportion of patients, 76%, show disease stabilization translating into 7.9 months as median time to next treatment. The median overall survival of 20.7 months observed in this advanced RRMM patient population suggests that melflufen therapy may be associated with a long?term benefit, allowing patients to receive further treatment to control disease significantly, thereby improving patient outcomes and their quality of life," said Dr. Sara Bringhen at the Division of Hematology, University of Torino, Italy.

For further information, please contact:
Jakob Lindberg, CEO of Oncopeptides
E-mail: [email protected]
Telephone: +46 8 615 20 40

Rein Piir, Head of Investor Relations at Oncopeptides
E-mail: [email protected]
Cell phone: +46 70 853 72 92

The information in the press release is information that Oncopeptides is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person above, on June 14, 2019 at 09.40 (CET).

About melflufen
Melflufen is a lipophilic peptide-conjugated alkylator that rapidly delivers a highly cytotoxic payload into myeloma cells through peptidase activity. It belongs to the novel class Peptidase Enhanced Cytotoxics (PEnC), which is a family of lipophilic peptides that exhibit increased activity via peptidase cleavage and have the potential to treat many cancers. Peptidases play a key role in protein homeostasis and feature in cellular processes such as cell-cycle progression and programmed cell death. Melflufen is rapidly taken up by myeloma cells due to its high lipophilicity and immediately cleaved by peptidases to deliver an entrapped hydrophilic alkylator payload. In vitro, melflufen is 50-fold more potent in myeloma cells than the alkylator payload itself due to the peptidase cleavage, and induces irreversible DNA damage and apoptosis. Melflufen displays cytotoxic activity against myeloma cell lines resistant to other treatments, including alkylators, and has also demonstrated inhibition of DNA repair induction and angiogenesis in preclinical studies.

SELLAS Life Sciences Announces Pricing of $15 Million Public Offering

On June 14, 2019 SELLAS Life Sciences Group, Inc. (Nasdaq: SLS) ("SELLAS" or the "Company"), a clinical stage biopharmaceutical company focused on the development of novel cancer immunotherapeutics for a broad range of cancer indications, reported the pricing of an underwritten public offering of (i) 26,367,200 shares of common stock together with common stock warrants (the "common warrants") to purchase 26,367,200 shares of common stock and (ii) 73,632,800 pre-funded warrants, with each pre-funded warrant exercisable for one share of common stock, together with common warrants to purchase 73,632,800 shares of common stock (Press release, Sellas Life Sciences, JUN 14, 2019, View Source [SID1234537087]). The shares of common stock (or pre-funded warrants, as applicable) and accompanying common warrants are being sold together at a combined public offering price of $0.15 per share. The common warrants will have an exercise price of $0.50 per share, will be immediately exercisable and will expire five years from the date of issuance. The common warrants also provide that if, during the period of time between the date that is 60 days after issuance and the date that is 15 months after issuance, the weighted-average price of common stock on the trading day immediately prior to the exercise date is lower than the then-applicable exercise price per share, each warrant may be exercised, at the option of the holder, on a cashless basis for one share of common stock. SELLAS has granted the underwriters an option to purchase up to an additional 15,000,000 shares of common stock and/or 15,000,000 common warrants to cover over-allotments, if any.

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The gross offering proceeds to SELLAS from the offering, before deducting the underwriting discounts and commissions and other estimated offering expenses, and excluding the exercise of any warrants, are expected to be approximately $15.0 million. The offering is expected to close on or about June 18, 2019, subject to customary closing conditions. SELLAS intends to use the net proceeds from the offering to commence a pivotal Phase 3 trial for its lead clinical candidate, galinpepimut-S ("GPS"), as a monotherapy in acute myeloid leukemia patients following second complete remission and to continue its Phase 1/2 basket type trial of GPS in combination with pembrolizumab, as well as for general corporate purposes and funding its working capital needs.

A.G.P./Alliance Global Partners is acting as sole book-running manager for the offering. Maxim Group LLC is acting as co-manager.

A registration statement on Form S-1 relating to the offering was filed with the Securities and Exchange Commission ("SEC") on May 23, 2019, amended on June 6, 2019 and June 13, 2019 and was declared effective on June 13, 2019. The offering is being made only by means of a prospectus. SELLAS’ SEC filings are available to the public from the SEC’s website at www.sec.gov. Electronic copies of the final prospectus relating to the offering may also be obtained, when available, by contacting A.G.P./Alliance Global Partners, 590 Madison Avenue, 36th Floor, New York, NY 10022 or via telephone at 212-624-2006 or email: [email protected].

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

Sorrento Therapeutics to Present at the JMP Securities Life Sciences Conference in New York (NY)

On June 14, 2019 Sorrento Therapeutics, Inc. (NASDAQ: SRNE, "Sorrento") reported that senior management will be presenting in the upcoming JMP Life Sciences Conference in New York City (Press release, Sorrento Therapeutics, JUN 14, 2019, View Source [SID1234537088]).

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Sorrento Therapeutics

Speaker: Dr. Henry Ji (Chairman and CEO)

Date/Time: June 20th, 2019 at 11:30 AM

Location: The St. Regis New York, New York

Webcast: View Source

ArQule Announces Clinical Proof-of-Concept Data from Ongoing Phase 1 Study of Reversible BTK Inhibitor, ARQ 531, in Patients with Relapsed/Refractory Hematologic Malignancies at the 2019 EHA Annual Meeting

On June 14, 2019 ArQule, Inc. (Nasdaq: ARQL) reported preliminary results from the Company’s phase 1 dose escalation study for ARQ 531, an orally bioavailable, potent and reversible dual inhibitor of both wild type and C481S-mutant Bruton’s tyrosine kinase (BTK) in patients with relapsed or refractory hematologic malignancies at the 2019 European Hematology Association (EHA) (Free EHA Whitepaper) Annual Meeting in Amsterdam, the Netherlands (Press release, ArQule, JUN 14, 2019, View Source [SID1234537072]).

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"The profile of ARQ 531 continues to strengthen, and we are delighted to be able to demonstrate such compelling clinical activity at a well-tolerated dose in patients who have already exhausted available therapies," commented Dr. Brian Schwartz, Chief Medical Officer of ArQule. "We are now focused on finalizing the recommended phase 2 dose and planning for the expansion of our clinical efforts with ARQ 531 into later stage trials across multiple indications as a single agent and as a combination therapy."

"ARQ 531 was selected and extensively tested preclinically to address the emerging therapeutic need for patients who have become resistant to covalent BTK inhibitors," commented Dr. Jennifer Woyach, Associate Professor of Medicine at The Ohio State University and the Principal Investigator of the study. "The data presented in this poster provide compelling clinical proof-of-concept for this novel class of reversible BTK inhibitors and was predicted by the preclinical studies published in Cancer Discovery1 last year."

The reported data are from the ongoing phase 1, open label, single arm dose escalation study and include the first eight cohorts (n=34) at dose levels of 5, 10, 15, 20, 30, 45, 65 and 75 mg once a day in patients with relapsed or refractory chronic lymphocytic leukemia (CLL), small lymphocytic leukemia (SLL), Richter’s Transformation, Waldenström macroglobulinemia and other B-cell Non-Hodgkin lymphomas. Cohort 8 (75 mg) enrollment is ongoing.

Key findings presented include the following:

ARQ 531 is well-tolerated through 65 mg QD
Pharmacokinetic data demonstrate a steady-state mean Cmin of above 1 µM in patients receiving ≥45 mg QD. The plasma half-life ranges from 20-30 hours
Pharmacodynamic data at doses above 20-30 mg QD is associated with complete pBTK inhibition and substantial CCL3 suppression
Robust, dose-dependent, anti-tumor activity was observed
ORR of 66% (4 responses in 6 evaluable patients) was observed in heavily pretreated R/R CLL patients, all with the BTK-C481S mutation, from cohort 7
A partial response was observed in the first patient with Richter’s Transformation, who had progressed on ibrutinib and R-CHOP, suggesting that ARQ 531’s distinct MOA is amenable to target this highly unmet medical need
A Follicular Lymphoma patient remains a confirmed PR and has been on therapy approximately two years, providing valuable initial insights into long- term safety as well as durability of response
The poster at EHA (Free EHA Whitepaper) presenting these data entitled, "A Phase 1 Dose Escalation Study of ARQ 531 in Patients with Relapsed or Refractory B-Cell Lymphoid Malignancies," is available on the company’s website at www.arqule.com/publications-presentations/.

ArQule will host a conference call and webcast for investors on Friday, June 14, 2019 at 8:00 a.m. EDT to discuss the ARQ 531 clinical data. The live webcast can be accessed in the "Investors and Media" section of our website, www.arqule.com, under "Events & Presentations" or by clicking here. You may also listen to the call by dialing 1-800-239-9838 within the U.S. or 1-323-794-2551 outside the U.S. and providing conference ID 3110780. A replay will be available two hours after the completion of the call and can be accessed in the "Investors & Media" section of our website, www.arqule.com, under "Events and Presentations."

About BTK and ARQ 531
Bruton’s tyrosine kinase, BTK, is a therapeutic target that has been clinically proven to inhibit B-cell receptor signaling in blood cancers. ARQ 531 is an orally bioavailable, potent and reversible dual inhibitor of both wild type and C481S-mutant BTK. The C481S-mutation is a known resistance mechanism for first generation irreversible BTK inhibitors. ARQ 531 has demonstrated a good safety profile, predictable PK, profound pharmacodynamic effects and emerging signs of dose-proportional clinical activity in phase 1 clinical testing.

Daiichi Sankyo Announces Launch of Oxycodone Injections “Daiichi Sankyo”

On June 14, 2019 Daiichi Sankyo Company, Limited (hereafter, Daiichi Sankyo) reported that it has launched a new generic formulation of oxycodone hydrochloride hydrate injection for cancer pain treatment, Oxycodone Injections 10 mg and 50 mg "Daiichi Sankyo" (hereafter, new formulation), in Japan (Press release, Daiichi Sankyo, JUN 14, 2019, View Source [SID1234537073]).

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The new formulation is the first generic injection containing oxycodone hydrochloride, a strong opioid analgesic providing relief of moderate to severe pain in various types of cancer.

It is manufactured from drug substance to formulation solely by Daiichi Sankyo’s subsidiary in Japan, Daiichi Sankyo Propharma Co., Ltd. (marketing authorization holder).

The addition of the new formulation to our product lineup of opioid analgesics will provide another treatment option for patients suffering from cancer pain and further enhance our contribution to healthcare in Japan.

Product Summary

Product Name

Therapeutic Category

Original Brand Name

Oxycodone Injections 10 mg "Daiichi Sankyo"

Oxycodone Injections 50 mg "Daiichi Sankyo"

Cancer pain treatment

OxiFast Injection 10 mg

OxiFast Injection 50 mg