Selecta Biosciences to Participate in Two Investor Conferences in October

On September 25, 2019 Selecta Biosciences, Inc. (NASDAQ: SELB), a clinical-stage biotechnology company focused on unlocking the full potential of biologic therapies based on its immune tolerance platform technology, ImmTOR, reported that Selecta’s Chief Executive Officer, Carsten Brunn, Ph.D., will present at the following upcoming investor conferences in October (Press release, Selecta Biosciences, SEP 25, 2019, View Source [SID1234539770]).

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Event: 2019 Cantor Global Healthcare Conference
Date: Wednesday, October 2, 2019
Presentation Time: 10:40 a.m. Eastern Time
Location: New York City

Event: Chardan’s 3rd Annual Genetic Medicines Conference
Date: Tuesday, October 8, 2019
Presentation Time: 10:30 a.m. Eastern Time
Location: New York City

To access copies and the live webcasts of Selecta’s presentations, please visit the Investors & Media section of the Selecta website at www.selectabio.com. Replays of the webcasts will be available on the Selecta website for 90 days following the events.

Medicenna Presents Promising Update from its MDNA55 Clinical Trial in Recurrent Glioblastoma at the Targeting Innate Immunity Congress

On September 25, 2019 Medicenna Therapeutics Corp. ("Medicenna" or "the Company") (TSX: MDNA,OTCQB: MDNAF), a clinical stage immuno-oncology company developing first-in-class Superkines and Empowered Cytokines, reported that updated clinical results from its Phase 2b clinical trial of MDNA55, an IL4-guided toxin, in patients with recurrent glioblastoma (rGBM), the most common and uniformly fatal form of brain cancer, at the Inaugural Targeting Innate Immunity Congress held from September 23-25, 2019 in Cambridge, MA (Press release, Medicenna Therapeutics, SEP 25, 2019, View Source [SID1234539789]).

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The presentation by Dr. Fahar Merchant, President & CEO of Medicenna, focused on updated efficacy results from the Phase 2b clinical trial MDNA55-05 in rGBM patients using the interleukin 4 receptor (IL4R) as an immunotherapy target, as it is overexpressed in glioblastoma as well as in cells that make up the brain tumor microenvironment (TME).

"The data continues to show very promising results for MDNA55 when compared to approved therapies for rGBM. These new findings are consistent with previous results showing that patients suffering from rGBM, particularly those with the IL4R biomarker an indicator of a more aggressive form of rGBM, are surviving substantially longer with just one treatment," states Dr. Fahar Merchant. "This is very exciting for both Medicenna and the broader health community, as this not only offers considerable benefit to patients with this devastating disease, but also offers hope for patients with at least 20 other cancer indications where the tumor and associated tumor microenvironment over-expresses the IL4R."

These data imply that targeting the TME, particularly in GBM, is critical where almost half of the tumor mass consists of non-cancerous cells that make up the TME – a cancer swamp that hides the tumor from the immune system. The TME is emerging as one of the key reasons why glioblastoma is extremely aggressive, and continues to be one of the most difficult cancers to treat. Since MDNA55 can simultaneously purge both the tumor and the TME by targeting the IL4R, the results to date continue to show that MDNA55 is likely to emerge as a new treatment modality for this deadly disease.

"We’re beginning to truly understand and appreciate the TME and the many layers of immunosuppression that evolve to protect and prevent an immune attack on the tumor," adds Dr. Merchant. "This means it is necessary to find a sustained way to break down the tumor’s protective walls, as well as attack the tumor itself. The multi-pronged approach utilized by MDNA55 allows us to do just that."

Highlights from the presentation are summarized below:

Irrespective of IL4R status, median overall survival (mOS) in subjects treated at low doses of MDNA55 (n=21) is 11.8 months; this is sustained when high dose subjects with mature survival data are added (n=33 total; mOS 11.9 months). However in the first 12 of 25 patients receiving the high dose, mOS is 16.7 months. This substantially exceeds landmark mOS reported for approved drugs for rGBM (mOS is 8-9 months for Avastin and Lomustine).1-3

Following treatment with MDNA55 at low doses (median 63µg; n=21), mOS of subjects with high IL4 receptor expression (IL4RHigh; n=12), a biomarker for aggressive disease, is 13.7 months compared to 8.1 months in subjects expressing no/low IL4R (IL4RLow; n=8).

When updated to include survival data from subjects treated at higher doses (median 180µg; n=12), MDNA55 continues to show promising survival outcomes in subjects with high IL4R expression: mOS in the IL4RHigh group (n=19) is 15.2 months as compared to 8.5 months in the IL4RLow group (n=11).

In the 33 subjects, irrespective of IL4R expression, subjects showing tumor shrinkage or stabilization from nadir (tumor control rate of 81%; 25 of 31 evaluable subjects) were seen to live longer than those with progressive disease (mOS of 16.1 months versus 8.3 months, respectively). These results are consistent with earlier reports suggesting that occurrence of immunogenic cell death following treatment with MDNA55 is associated with improved clinical prognosis and survival.4

Furthermore, safety data in the 12 additional subjects treated at higher doses of MDNA55 (median total dose 180µg) show a similar safety profile to previous MDNA55 trials with no systemic toxicities or drug related deaths.
Results for the majority of remaining patients participating in the Phase 2b clinical trial MDNA55-05 will be released before the end of 2019 followed by an End of Phase 2 meeting with the US FDA in Q1 2020.

About the MDNA55-05 Clinical Trial

MDNA55-05 is a Phase 2b study of the safety and efficacy of MDNA55, an IL4R-directed toxin, in patients with de novo GBM at first or second relapse where the tumor is not amenable to surgical resection. In the study, investigators administer MDNA55 once directly into the brain tumor using a technique known as Convection Enhanced Delivery (CED). CED allows precision delivery of MDNA55 into the tumor and the surrounding healthy brain containing infiltrative tumor cells, while avoiding systemic exposure.

The primary endpoint of the study is median Overall Survival (mOS) comparing a null survival rate of 8.0 months (based on historical control) with an alternative pursue rate of 11.5 months (1-sided alpha = 0.10 and 80% power for 46 ITT subjects). The secondary endpoint is objective response rate (ORR) assessed by the modified Response Assessment in Neuro-Oncology (mRANO)-based criteria incorporating advanced imaging modalities according to a null response rate of 6% with alternative pursue rate of 18% (1-sided alpha = 0.10 and 80% power for at least 35 subjects evaluable for response).

Thermo Fisher Scientific Prices Offering of Senior Notes

On September 25, 2019 Thermo Fisher Scientific Inc. (NYSE: TMO) ("Thermo Fisher") reported that it has priced an offering of €4.4 billion aggregate principal amount (the "Euro Offering") of euro-denominated notes (collectively, the "Euro Notes") and an offering of $900 million aggregate principal amount (the "USD Offering" and, together with the Euro Offering, the "Offerings") of USD-denominated notes (collectively, the "USD Notes") (Press release, Thermo Fisher Scientific, SEP 25, 2019, View Source [SID1234539771]). The following notes were priced:

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€800 million aggregate principal amount of its 0.125% senior notes due 2025, at the issue price of 99.114% of their principal amount,
€800 million aggregate principal amount of its 0.500% senior notes due 2028, at the issue price of 99.060% of their principal amount,
€900 million aggregate principal amount of its 0.875% senior notes due 2031, at the issue price of 99.243% of their principal amount,
€900 million aggregate principal amount of its 1.500% senior notes due 2039, at the issue price of 99.743% of their principal amount,
€1,000 million aggregate principal amount of its 1.875% senior notes due 2049, at the issue price of 98.465% of their principal amount, and
$900 million aggregate principal amount of its 2.600% senior notes due 2029, at the issue price of 99.861% of their principal amount.
The Euro Offering is expected to close on or about September 30, 2019, and the USD Offering is expected to close on or about October 8, 2019, subject to customary closing conditions. The Euro Notes will pay interest on an annual basis. The USD Notes will pay interest on a semi-annual basis. Closing of the Euro Offering is not contingent upon the completion of the USD Offering, and closing of the USD Offering is not contingent upon the completion of the Euro Offering.

Thermo Fisher intends to use the net proceeds of the Offerings (together with cash on hand) to repay commercial paper issued to fund the redemption on September 27, 2019, of $300 million aggregate principal amount of its 4.70% Senior Notes due 2020 and $800 million aggregate principal amount of its 3.15% Senior Notes due 2023, and to fund the redemption of approximately $4.5 billion aggregate principal amount of outstanding senior notes issued by Thermo Fisher or its subsidiaries, including all of the outstanding 6.00% Senior Notes due 2020 and 5.00% Senior Notes due 2021 issued by its subsidiary Life Technologies Corporation, of which notice is expected to be provided to holders tomorrow.

The joint book-running managers for the Euro Offering are Goldman Sachs & Co. LLC, Merrill Lynch International, Citigroup Global Markets Limited and J.P. Morgan Securities plc. The joint book-running managers for the USD Offering are Goldman Sachs & Co. LLC, BofA Securities, Inc., Credit Suisse Securities (USA) LLC and HSBC Securities (USA) Inc.

The Offerings are being made pursuant to an effective registration statement on Form S-3 filed with the U.S. Securities and Exchange Commission (the "SEC"). Prospective investors should read the prospectus forming a part of that registration statement and the separate prospectus supplements related to the Offerings and the other documents that Thermo Fisher has filed with the SEC for more complete information about Thermo Fisher and the Offerings. These documents are available at no charge by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, Thermo Fisher, the underwriters or any dealer participating in the Euro Offering will arrange to send you the related prospectus if you request it by calling Merrill Lynch International toll-free at 1-800-294-1322; Goldman Sachs & Co. LLC toll-free at 1-866-471-2526; Citigroup Global Markets Limited toll-free at 1-800-831-9146; or J.P. Morgan Securities plc collect on +44-207-134-2468; and Thermo Fisher, the underwriters or any dealer participating in the USD Offering will arrange to send you the related prospectus if you request it by calling BofA Securities, Inc. toll-free at 1-800-294-1322; Goldman Sachs & Co. LLC toll-free at 1-866-471-2526; Credit Suisse Securities (USA) LLC at 1-800-221-1037; or HSBC Securities (USA) Inc. toll-free at 1-866-811-8049.

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

Viking Therapeutics to Present at 2019 Cantor Global Healthcare Conference

On September 25, 2019 Viking Therapeutics, Inc. ("Viking") (NASDAQ: VKTX), a clinical-stage biopharmaceutical company focused on the development of novel therapies for metabolic and endocrine disorders, reported that the company will deliver a corporate presentation at the 2019 Cantor Global Healthcare Conference, being held October 2-4, 2019 in New York, NY (Press release, Viking Global Investors, SEP 25, 2019, View Source [SID1234539790]).

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Details for this presentation are as follows:

2019 Cantor Global Healthcare Conference – webcast available
Time/Date: 4:45 p.m. Eastern on Wednesday, October 2, 2019
Location: InterContinental New York Barclay Hotel
Room: Grand Ballroom 2
To access the live webcast of Viking’s presentation, please visit "Webcasts & Presentations" within the News & Events section of Viking’s Investors page at www.vikingtherapeutics.com. Additionally, a replay of the webcast will be available on the Viking website following the conference.

Bio-Path Updates Intellectual Property Portfolio with Addition of Recently
Issued Second Platform Technology Patent

On September 25, 2019 Bio-Path Holdings, Inc., (NASDAQ:BPTH), a biotechnology company leveraging its proprietary DNAbilize antisense RNAi nanoparticle technology to develop a portfolio of targeted nucleic acid cancer drugs, reported that the United States Patent and Trademark Office has issued a patent with claims related to the Company’s proprietary liposomal delivery and antisense technology, DNAbilize, including its use in the treatment of cancers, autoimmune diseases and infectious diseases (Press release, Bio-Path Holdings, SEP 25, 2019, View Source [SID1234539772]). This is the second U.S. patent issued for the Company’s platform technology.

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The new patent, United States Patent No. 10,335,428 (based on Application No. 15/657,083), titled "P-Ethoxy Nucleic Acids for Liposomal Formulation," which issued July 2, 2019, provides additional claims for the broad protection previously granted in Patent No. US 9,744,187 (issued August 29, 2017) for application of the DNAbilize technology in the treatment of a variety of cancers, as well as autoimmune and infectious diseases. DNAbilize is a proprietary liposomal nanoparticle delivery and antisense technology designed to systemically distribute nucleic acid drugs throughout the human body with a simple intravenous transfusion.

Bio-Path’s platform technology patents allow the Company to develop new drug product candidates using its proprietary DNAbilize technology. As new drug product candidates are developed using DNAbilize technology, new patent applications can be filed for the specific drug products incorporating DNAbilize technology.

Applying the DNAbilize technology to a protein target can result in a specific drug product for which a new DNAbilize drug product patent application can be filed. The Company anticipates that the number of DNAbilize drug product candidates will increase significantly in the coming years.

The Company believes its patented platform technology provides a powerful template with the capability to produce a large portfolio of patented drug products. The Company currently has two issued platform technology patents for DNAbilize and five pending patent applications for specific DNAbilize drug product candidates. Each of the issued technology platform patents has a life of twenty years from filing, and any issued patents for specific DNAbilize drug products will also be protected for twenty years from filing.

Consequently, the Company expects its expanding intellectual property estate for DNAbilize to be a source of both exciting breakthroughs in cancer therapy and to be an engine for out-licensing opportunities across a broad spectrum of cancer indications with currently unmet medical needs.

"Our strategy is to leverage the value of our patented DNAbilize technology by focusing on our mission to develop systemic DNAbilize treatments for hard-to-treat diseases. In doing so, we believe we can develop multiple drug products that can enhance shareholder value through partnering or licensing at various stages of drug product development. This will allow Bio-Path to focus on the front-end of the development process, while partnering out development through later stages of clinical development," said Peter Nielsen, President and Chief Executive Officer of Bio-Path Holdings.