PellePharm Completes Enrollment of Pivotal Phase 3 Clinical Trial of Patidegib Topical Gel in Patients with Gorlin Syndrome

On December 2, 2019 PellePharm, Inc., a BridgeBio Pharma, Inc. (Nasdaq: BBIO) company, reported the completion of enrollment for its pivotal Phase 3 clinical trial of Patidegib Topical Gel 2% vs. vehicle gel in patients with Gorlin Syndrome (Press release, PellePharm, DEC 2, 2019, View Source [SID1234551837]). PellePharm is a late clinical-stage biopharmaceutical company committed to targeting rare forms of basal cell carcinoma.

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"Patients living with Gorlin Syndrome undergo recurring, invasive surgical treatments that result in facial scarring, potential loss of vital facial structure and function, and impact to their quality of life," said Sanuj K. Ravindran, M.D., president and chief executive officer of PellePharm. "Significant enthusiasm for the trial allowed us to enroll the study quickly, but only after enrolling approximately 16% more patients than originally planned to accommodate the incredible interest from patients. We continue to be encouraged about Patidegib Topical Gel’s potential and are grateful for the overwhelming support of the Gorlin Syndrome community worldwide, including the researchers, clinicians, patients and caregivers working diligently to bring promise to this devastating disease."

The randomized, double-blind, vehicle-controlled Phase 3 trial is evaluating the safety and efficacy of Patidegib Topical Gel 2% applied, twice daily to the face over 12 months vs. vehicle gel. An open-label safety and tolerability extension study is planned for at least 12 months following the end of the study for patients who complete the Phase 3 trial, and for those who completed the Phase 2 Gorlin Syndrome trial.

"This is a very important milestone for PellePharm and the broader Gorlin Syndrome community, and we’re thrilled to be one step closer to our goal of bringing Patidegib Topical Gel to patients living with Gorlin Syndrome, a condition for which there is no FDA-approved therapy," said Thorsten Thormann, vice president of global research at LEO Pharma.

As of November 2018, PellePharm and LEO Pharma entered into a strategic collaboration to address the unmet medical needs for rare skin conditions, such as Gorlin Syndrome and High Frequency Basal Cell Carcinoma (HF-BCC). LEO Pharma is providing resources to PellePharm to fund, amongst other activities, its Phase 3 trial of Patidegib Topical Gel 2% in patients with Gorlin Syndrome under the terms of the agreement.

About Patidegib

Patidegib Topical Gel, an investigational treatment, is designed to reduce the BCC tumor burden in patients with Gorlin Syndrome and High Frequency BCC (HF-BCC) by blocking the disease at its source within the hedgehog signaling pathway. Patidegib Topical Gel has shown early promise in a Phase 2 clinical study for the mitigation of BCC tumors in Gorlin Syndrome. The topical formulation of Patidegib was developed with a goal of providing the clinical activity previously demonstrated by oral Patidegib in Phase 1 trials and a favorable tolerability profile without the adverse systemic side effects observed with the oral class of hedgehog inhibitors. The topical gel formulation is stable at room temperature for at least two years, potentially making it an option for ongoing, at-home management of Gorlin Syndrome and HF-BCC. PellePharm has received both Orphan Drug Designation and Breakthrough Therapy Designation for Patidegib Topical Gel in Gorlin Syndrome from the FDA, as well as Orphan Drug Designation in Gorlin Syndrome from EMA’s Committee for Orphan Medicinal Products in the EU.

About Gorlin Syndrome

Gorlin Syndrome is a rare, genetic disease characterized by constitutional, heritable mutations in one allele of the tumor suppressor gene encoding PATCHED1 (PTCH1), which acts as the primary inhibitor of the hedgehog signaling pathway. This leads to the formation of multiple basal cell carcinomas, often on the face.

With no FDA-approved drugs available for patients with Gorlin Syndrome, the standard of care for treating BCCs is surgery. People with severe Gorlin Syndrome may have as many as 30 surgeries per year, which can be repetitive, scarring and disfiguring. Approximately 10,000 people in the United States, or one in 31,000, are believed to be affected by Gorlin Syndrome. Gorlin Syndrome is known by several names, including Gorlin-Goltz Syndrome, Basal Cell Nevus Syndrome (BCNS) and Nevoid Basal Cell Carcinoma Syndrome (NBCCS).

About High Frequency Basal Cell Carcinoma (HF-BCC)

High Frequency BCC, like Gorlin Syndrome, is a rare disease which is characterized by the development of an abnormally high number of BCCs. Unlike patients with Gorlin Syndrome, patients with HF-BCC are not born with a germline PTCH1 mutation and do not suffer from the other systemic manifestations of Gorlin Syndrome. The standard of care for patients with HF-BCC is surgery.

EOC Pharma Raises $71 Million in C Round for China Development of In-Licensed Oncology Drugs

On December 2, 2019 EOC Pharma, the oncology development arm of China in-licensing company Eddingpharm, reported that it raised $71 million in a Series C round led by Tigermed, TF Capital and Yingke PE (Press release, ChinaBio, DEC 2, 2019, View Source [SID1234551857]). Headquartered in Taizhou, EOC manufactures and commercializes oncology products for China use that require mid to late stage clinical development for registration . It currently has a pipeline of six novel products from global biopharmas, including its most recent in-licensing, a Shionogi HER2/EGFR inhibitor intended to treat brain metastasis in advanced metastatic breast cancer patients. Two years ago, EOC completed a $32 million B financing.

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Merck to Present at the Evercore ISI HealthCONx Conference 2019

On December 2, 2019 Merck (NYSE: MRK), known as MSD outside the United States and Canada, reported that Michael Nally, chief marketing officer for Merck is scheduled to present during a fireside chat at the Evercore ISI HealthCONx Conference in Boston on Dec. 4, 2019 at 2:00 p.m. EST (Press release, Merck & Co, DEC 2, 2019, View Source [SID1234551822]).

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Investors, analysts, members of the media and the general public are invited to listen to a live audio webcast of the presentation at View Source

Amphivena Appoints Dr. Curtis L. Ruegg as President and Chief Executive Officer

On December 2, 2019 Amphivena Therapeutics, Inc., a private clinical stage immuno-oncology company developing T cell engager therapeutics for cancer, reported that Curtis L. Ruegg, Ph.D. will join the company as its new President and Chief Executive Officer and will also sit on the company’s Board of Directors (Press release, Amphivena Therapeutics, DEC 2, 2019, View Source [SID1234551838]). The company’s Founder and current President and Chief Executive Officer, Jeanmarie Guenot, Ph.D., will transition into an Advisory role.

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Dr. Ruegg joins Amphivena from Parvus Therapeutics, where he was President and Chief Executive Officer. With more than 25 years of biopharmaceutical experience, he brings strong drug development expertise to Amphivena. Prior to Parvus, Dr. Ruegg filled various leadership roles at Revance, CoTherix, Intermune, AP Cells and Dendreon.

"I am excited to join Amphivena at this critical inflection point," said Dr. Ruegg. "Its lead investigational candidate, AMV564, has advanced in clinical development in both hematologic cancers and in solid tumors, with initial clinical trial data reading out as early as 2020. The momentum created by the team to date is significant and I look forward to helping to build Amphivena into a leading immuno-oncology company."

Executive Chairman Peter Van Vlasselaer, Ph.D., said, "Since the company’s inception, Jeanmarie has guided its leadership team to establish a preeminent position in the T cell engagement space, most recently by expanding the application of AMV564 beyond hematologic cancers to solid tumors. We thank her for her dedication to the company and look forward to her continued involvement with the company in her Advisory role. We welcome Curtis and look forward to his contributions as the company matures. I am enthusiastic about our prospects as we further cement Amphivena’s leadership in the T cell engager and immuno-oncology arenas."

About AMV564

AMV564 is a bivalent, bispecific (2:2) T cell engager that binds CD33 and CD3. The company announced in October initiation of a Phase 1 trial to evaluate the effect of AMV564 on these immune suppressive cells and the potential therapeutic benefit of relieving this important source of T cell suppression in patients with solid tumors. To date, over 50 patients have received AMV564 in two Phase 1 clinical trials for acute myeloid leukemia (AML) and myelodysplastic syndromes (MDS). It is also currently being evaluated in a First-in-Human Phase 1 trial in patients with relapsed/refractory AML at Washington University School of Medicine, MD Anderson Cancer Center, New York-Presbyterian/Weill Cornell Medical Center and Weill Cornell Medicine, Fred Hutchinson Cancer Research Center, The Ohio State University Wexner Medical Center, University of Pennsylvania Medical Center, Northwestern Memorial Hospital, and The Johns Hopkins Hospital.

The safety, efficacy and selectivity of AMV564 was highlighted most recently at both the 24th European Hematology Association (EHA) (Free EHA Whitepaper) meeting in Amsterdam (Abstract S877) and at the 60th Annual Meeting of the American Society of Hematology (ASH) (Free ASH Whitepaper) in San Diego, CA last December. Amphivena believes that AMV564 has demonstrated novel clinical activity by rapidly and selectively eliminating leukemic blasts and rare immature, granulocytic and monocytic MDSCs while sparing normal CD33-expressing cells, including neutrophils and monocytes.

Cellectar Announces Oral Presentation at the 61st Annual American Society of Hematology Conference

On December 2, 2019 Cellectar Biosciences, Inc. (NASDAQ: CLRB), a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of drugs for the treatment of cancer, reported an oral presentation at the 61st Annual American Society of Hematology (ASH) (Free ASH Whitepaper) meeting being held December 7-10, 2019 in Orlando, Florida (Press release, Cellectar Biosciences, DEC 2, 2019, View Source [SID1234551916]).

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Presentation details:

Present Title: Fractionated Dosing of CLR 131 in Patients with Relapsed or Refractory Multiple Myeloma (RRMM)
Presenting Author: Dr. Sikander Ailawadhi
Session: 653. Myeloma: Therapy, excluding Transplantation: New Approaches in the Treatment of Relapsed/Refractory Plasma Cell Discrasias
Date/Time: Saturday, December 7, 2019 / 9:30 am – 11:00 am
Location: Orange County Convention Center, Hall E1

A copy of the poster can be accessed on the Posters and Publications section of the Cellectar website on the day of the poster presentation.