CrystalGenomics Receives Orphan Drug Designation from the US FDA for CG-745 in Pancreatic Cancer

On August 28, 2019 CrystalGenomics, Inc. (KOSDAQ: 083790) reported that the U.S. Food and Drug Administration (FDA) has granted Orphan Drug Designation to CG-745, a clinical stage histone deacetylase (HDAC) inhibitor being developed for several hematologic malignancies and solid tumors, for the treatment of patients with pancreatic cancer (Press release, CrystalGenomics, AUG 28, 2019, View Source;id=1821&page=1&num=126&nowpos=163&type=&sermun=&qu=&tb_name=eng_news&rt_page=/en/news/news.php [SID1234539162]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

Dr. Joong Myung Cho, Chairman and Chief Executive Officer of CrystalGenomics, said, "We are pleased that CG-745 has received Orphan Drug Designation from the FDA for the treatment of pancreatic cancer. Currently our Phase II pancreatic cancer trial is still ongoing, and the results look promising thus far."

CG-745 is currently being studied in a Phase II clinical trial in combination with gemcitabine and erlotinib to evaluate its safety and efficacy for locally advanced unresectable, or metastatic pancreatic cancer. Additionally, there is another ongoing Phase II clinical trial to evaluate the safety and efficacy of CG-745 in patients with Myelodysplastic Syndrome (MDS) who have failed hypomethylating agents.

The FDA grants Orphan Drug Designation to drugs and biologics that are intended for the safe and effective treatment, diagnosis or prevention of rare diseases or disorders that affect fewer than 200,000 people in the U.S. Orphan Drug Designation provides incentives for sponsors to develop drugs and biologics for rare diseases. These incentives may include a partial tax credit for certain clinical trial expenditures, the waiver of certain FDA user fees, and if approved, potential eligibility for seven years of orphan drug marketing exclusivity, which is independent from intellectual property protection.

About Pancreatic Cancer
Pancreatic cancer is a deadly disease and one of the leading causes of cancer deaths in the US. The incidence of pancreatic cancer has increased over the past several decades and is considered the fourth leading cause of cancer deaths in the US as patients with this deadly disease have a 5-year survival rate of 8.5%. As pancreatic cancer tumors respond poorly to standalone chemotherapy and radiation, surgical resection is the only known curative treatment for patients with disease localized to the pancreas. However, patients with advanced or recurrent forms of the disease are not able to benefit from surgery, leaving these patients with limited effective treatment options and an overall survival of only up to 11.5%. Unfortunately, only 10% of pancreatic cancer patients have localized disease, leaving a large unmet medical need for treatment in 90% of the pancreatic cancer patient population.

Investor Presentation

On August 28, 2019, DelMar Pharmaceuticals, Inc presented the corporate presentation (Presentation, DelMar Pharmaceuticals, AUG 28, 2019, View Source [SID1234539057]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!


Sensei Biotherapeutics to Present at Citi 14th Annual Biotech Conference

On August 28, 2019 Sensei Biotherapeutics, Inc., a clinical-stage biopharmaceutical company developing precision immuno-oncology therapies, reported that John Celebi, President and Chief Executive Officer of Sensei Biotherapeutics, will participate in a private company panel discussion at the Citi 14th Annual Biotech Conference on Wednesday, September 4, 2019 at 3:45 p.m. ET in Boston, MA (Press release, Sensei Biotherapeutics, AUG 28, 2019, View Source [SID1234539073]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

Eagle Pharmaceuticals, Inc. to Present at Morgan Stanley 17th Annual Global Healthcare Conference

On August 28, 2019 Eagle Pharmaceuticals, Inc. ("Eagle" or the "Company") (NASDAQ: EGRX) reported that Scott Tarriff, Chief Executive Officer, and Pete Meyers, Chief Financial Officer, will present at the Morgan Stanley 17th Annual Global Healthcare Conference as follows (Press release, Eagle Pharmaceuticals, AUG 28, 2019, View Source [SID1234539090]):

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

Date:

Wednesday, September 11, 2019

Time:

9:20 a.m. Eastern Daylight Time

Location:

Grand Hyatt New York, NYC

Webcast:

https://cc.talkpoint.com/morg007/090919b_js/?entity=118_71ODETY

The presentation will be webcast live at the aforementioned time, and archived for 30 days thereafter, via the Company’s website at www.eagleus.com, under the Investors + News Section.

HiFiBiO Therapeutics Closes $67 Million Series C Financing to Build on Recent Success and Advance Pipeline of Novel Antibody Drugs for Cancer and Autoimmune Disorders

On August 28, 2019 HiFiBiO Therapeutics, a pioneer in innovative biotherapeutics with a unique single-cell analytics platform for extensive immune profiling, reported the completion of a $67 Million Series C financing round (Press release, HiFiBiO Therapeutics, AUG 28, 2019, View Source [SID1234539058]). The funding was led by new investor IDG Capital. The existing shareholders Sequoia Capital China, VI Ventures, Legend Star Capital, and LYFE Capital continued to invest. New investors Delian Capital, Hanne Capital, and Kite, a Gilead Company, also supported this round.

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

HiFiBiO Therapeutics will use the proceeds from the financing to expand its platform efforts and accelerate the development of its novel antibody drug pipeline to treat cancer and autoimmune disorders. The company, which integrates deep-rooted biological expertise with comprehensive single-cell profiling technologies, expects to have multiple drug candidates advance to the clinical trial phase. HiFiBiO Therapeutics leverages its unique immune profiling platform and Drug Intelligent Science (DIS) to target more precise patient subsets and enhance the probability of success, while reducing overall time and costs.

As part of the investment round, IDG Capital will be represented on the company’s Board of Directors by Tiger Hu, MD, MBA. "IDG Capital is continually looking to invest in pioneering technologies that have the potential to produce tomorrow’s breakthroughs in healthcare, telecommunications, media, consumer & entertainment, advanced manufacturing, and clean energy," said Dr. Hu. "With its proven CelliGO platform and DIS capabilities, we are confident that HiFiBiO Therapeutics will soon transform the way novel immuno-oncology therapies are developed and delivered to patients in need around the world."

"Over the past year, we have made substantial strides in our evolution as an emerging driving force for innovative biotherapeutics," said Liang Schweizer, PhD, President and CEO of HiFiBiO Therapeutics. "The Series C funding is another strong validation of our ability to attract the attention from top investors such as IDG Capital, as well as a leading global biopharmaceutical strategic partner. We will use the proceeds to further advance our unique single-cell platform and develop our pipeline of antibody drugs."

Since closing its $37.5 Million Series B financing round in May 2018, HiFiBiO Therapeutics has announced several significant milestones, including strategic biopharmaceutical company collaborations, an acquisition, a joint venture, and an important scientific publication. The key announcements include:

Multi-Target Antibody Discovery Agreement with Takeda
Research Collaboration with Kite to Develop Technology for the Potential Discovery of Neoantigen-Reactive T Cell Receptors (TCRs) for the Treatment of Solid Tumors
Acquisition of H-Immune Therapeutics
Victa Biotherapeutics Joint Venture to Target Novel MSDC Pathways
Nature Genetics Publication Demonstrating Single-Cell Approach for Novel Biomarker Discovery to Combat Cancer
About IDG Capital

Founded in Boston in 1992, IDG Capital is a leading investment firm focused on developing extraordinary companies through its expertise in private equity, venture capital and mergers & acquisitions. Since its inception, IDG Capital has expanded into thirteen cities around the world, including New York, Boston, London, Beijing, Shanghai, Hong Kong, Seoul, Hanoi, etc. The firm focuses on Technology, Media and Telecommunications (TMT), Consumer and Entertainment, Healthcare, Advanced Manufacturing/Clean-Tech and Energy. Starting with its first investment in China in 1993, IDG Capital was the first global investment firm to enter China. To date, IDG Capital has invested in more than 800 companies and made over 180 successful exits across the globe through IPOs and M&A. For more information, please visit www.idgcapital.com.