CELGENE RECEIVES THE CHMP’S POSITIVE OPINION FOR THE TRIPLETTE BASED ON REVLIMID ® (LENALIDOMIDE) AND IMNOVID ® (POMALIDOMIDE) IN COMBINATION WITH BORTEZOMIB AND DESAMETASONE IN MULTIPLE MYELOMA PATIENTS

On April 1, 2019 Celgene Corporation (NASDAQ: CELG) reported that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has expressed a positive opinion for the two triplets in basis of the IMiD of Celgene, REVLIMID (lenalidomide) and IMNOVID (pomalidomide) (Press release, Celgene, APR 1, 2019, View Source [SID1234534848]).

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The CHMP recommended the approval of the extension of the lenalidomide indication as combination therapy with bortezomib and dexamethasone (RVd) for the treatment of adult patients with newly diagnosed multiple myeloma not eligible for transplantation.

The Committee also recommended the approval of pomalidomide in combination with bortezomib and dexamethasone (PVd) for the treatment of adult patients with multiple myeloma who have received at least one previous lenalidomide treatment.

The final decision of the European Commission, which generally conforms to the CHMP’s recommendations, is expected in about two months.

" The CHMP’s positive opinion regarding the RVd and PVd triplets represents an important extension of therapy options for patients with multiple myeloma, both newly diagnosed and relapsed / refractory after previous treatment lines, " commented Michele Cavo , Full Professor of Hematology, University of Bologna and Director of the "Seràgnoli" Hematology Institute, S. Orsola-Malpighi University Hospital, Bologna – In fact, RVd is configured as a more effective therapeutic alternative with respect to the current standards of first-line treatment of patients who are not eligible to receive an autologous transplant, to which it ensures a significant prolongation both of overall survival (whose median value was higher than 6 years in the pivotal study) that of disease-free progression survival (median value greater than 40 months). Instead, PVd represents one of the most effective combinations currently available for the rescue therapy of relapsed or refractory patients after previous exposure to lenalidomide, and in particular to those who have become refractory to it.» .

The CHMP’s positive opinion for lenalidomide was based on data from SWOG S0777, a phase 3 study that evaluated the triplet with lenalidomide, bortezomib and dexamethasone (RVd) in adult patients with previously untreated multiple myeloma, not immediately eligible for ASCT 1 . The results of the study showed statistically significant improvements both in terms of progression-free survival (PFS) and overall survival (OS) in patients treated with RVd compared to those treated with lenalidomide plus dexamethasone (Rd). The choice of first-line treatment is important 2since over time patients respond less and less to therapy, manifesting increasingly shorter periods of remission in subsequent treatment lines. 3

The CHMP’s positive opinion for PVd was based on data from OPTIMISMM, the first prospective phase 3 study that evaluated the use of the triplet with pomalidomide in patients previously treated with lenalidomide who in most cases (70%) were found refractory to it. 4 This patient population represents a growing unmet medical need for which new therapeutic options are needed.

The OPTIMISMM results showed a significantly higher progression-free survival in patients treated with PVd compared to patients in the Vd treatment arm.

" The positive opinions of the CHMP for our combinations of IMiD RVd and PVd represent wonderful news for patients with multiple myeloma living in Europe, " says Nadim Ahmed , President of the Hematology / Oncology Division of Celgene. " We now hope that the EMA will approve these therapeutic options by making them available to patients, as our goal is to improve their outcomes at different stages of the disease ."

Lenalidomide in combination with bortezomib and dexamethasone, as well as pomalidomide in combination with bortezomib and dexamethasone, are currently not approved in any country.

Information on Celgene immunomodulatory drugs

IMiD agents are small molecules available as an oral therapy for the treatment of certain hematological malignancies owned exclusively by Celgene. It is hypothesized that they have multiple mechanisms of action. It has been observed that T cell activation and proliferation, IL-2 protein proliferation and CD8 + effector T cell activity are observed to increase. They also influence the stimulation and expression of natural killer cells(NK) acting within the cellular environment with the aim of inducing the immune system to attack cancer cells and at the same time directly attack them. In addition to the immunomodulatory properties, a tumoricidal and antiangiogenic activity is also hypothesized. Celgene IMiDs represent a mainstay of research on multiple myeloma with a growing number of studies in combination therapies in different disease settings.

Information on multiple myeloma

Multiple myeloma is a potentially fatal haematological neoplasm, which is characterized by tumor proliferation and suppression of the immune system. 5.6 It is a rare but lethal disease: every year, in Europe, there are 42,000 diagnoses, with about 26,000 deaths due to the disease. 7 The typical course of multiple myeloma includes periods of symptomatic disease alternating with periods of remission and, with time, appearance of refractoriness (non-responsiveness). 8

Information on the SWOG study S0777

SWOG S0777 is a multicenter, phase 3, randomized open trial, aimed at evaluating the efficacy and safety of RVd compared to Rd in the treatment of patients with previously untreated multiple myeloma for whom an autologous transplant of stem cells (ASCT). 1

In this study, 525 patients with newly diagnosed multiple myeloma (NDM) were enrolled with symptomatic and measurable disease aged 18 years or older. Patients were randomized (1: 1) to receive initial lenalidomide treatment with bortezomib and dexamethasone (RVd group) or lenalidomide and dexamethasone therapy only (group Rd). Randomization was stratified based on the ISS stage ( International Staging System, I, II or III ) and intention to transplant (yes vs.no). The RVd regimen was administered in eight cycles lasting 21 days. Bortezomib was administered at a dose of 1.3 mg / m by IV route on days 1, 4, 8 and 11, in combination with oral lenalidomide 25 mg / day on days 1-14 plus oral dexamethasone at a dose of 20 mg / day on days 1, 2, 4, 5, 8, 9, 11 and 12. The Rd regimen was administered in six cycles lasting 28 days. The Rd standard regimen consisted of 25 mg / day of lenalidomide orally on days 1-21 plus 40 mg / day of dexamethasone orally on days 1, 8, 15 and 22. 1

The results of the SWOG S0777 1 study showed a significant improvement in median progression-free survival (mPFS) in patients treated with RVd vs. Rd (42 vs. 30 months; HR 0.76, 95% CI 0.62-0.94; P = 0.01). A significant improvement in median overall survival with respect to Rd was also observed with RVd (89 vs. 67 months; HR 0.72, 95% CI 0.56-0.94; P = 0.013). The overall response and complete response rates were superior in patients treated with RVd compared to Rd (global response: 82% RVd vs 72% Rd; complete response: 16% RVd vs. 8% Rd). The safety of RVd was also in line with the consolidated safety profiles of each drug in the triplet. 9.10

Upon completion of the induction, all patients received continuous maintenance therapy with lenalidomide orally at 25 mg once a day for 21 days plus oral dexamethasone at a dose of 40 mg once a day on days 1 , 8, 15 and 22 of each cycle lasting 28 days. 1

Information on the OPTIMISMM study

OPTIMISMM is the first phase 3 comparative study on the safety and efficacy of PVd vs. Vd, as an early therapy line in patients with relapsed and refractory multiple myeloma (with 1-3 previous therapeutic regimens) and previous exposure to lenalidomide, including patients refractory to it. 4

This international, multi-center, phase 3, randomized, open-label study involved 559 patients (281 patients in the PVd arm and 278 in the Vd arm) with previous demographic, basal and pathological features generally well balanced between the two treatment arms . The median number of previous treatment lines was two, while over one third of patients had received a previous treatment line (40% in both treatment arms). All patients had previously been treated with lenalidomide: most were refractory to lenalidomide (71% in the PVd vs. arm69% in the Vd arm); last treatment refractoriness was observed in 70% and 66% of cases respectively. The median follow-up was 16 months. 4

The results of the OPTIMISMM study showed a significantly higher PFS in patients treated with PVd compared to patients in the Vd arm (11.20 vs. 7.10 months [P = <0.0001, HR 0.61; 95% CI: (0.49-0.77)]), with a 39% reduction in the risk of disease progression or death in the PVd arm. In an exploratory analysis on the subgroup of patients undergoing a previous treatment line, the median progression-free survival (mPFS) was 20.73 months with PVd vs.11.63 months with Vd (HR 0.54; p = 0.0027). In these patients, the benefit of PVd was independent of refractoriness or non-refractory to previous lenalidomide therapy. The safety of PVd was in line with the established safety profiles of each drug in the triplet. 7.11

Patients were stratified according to the following criteria: age (≤75 years vs. > 75 years), number of previous therapeutic regimens for myeloma (1 vs. > 1) and β2-microglobulin levels (from <3.5 mg / L vs. ≥ 3.5 to ≤ 5.5 mg / L vs.> 5.5 mg / L). Patients were randomized 1: 1 to receive PVd or Vd. In 21-day cycles, patients received pomalidomide 4 mg / day on days 1-14 (PVd arm only); bortezomib 1.3 mg / m2 on days 1, 4, 8 and 11 of cycles 1-8 and on days 1 and 8 of cycle 9 and subsequent; and dexamethasone 20 mg / day (10 mg if age was> 75 years) on days when treatment with bortezomib was expected and on subsequent days. 4

Information on REVLIMID (lenalidomide)

Lenalidomide is approved in Europe as a monotherapy and is indicated for the maintenance therapy of adult patients with newly diagnosed multiple myeloma who have undergone an autologous stem cell transplant. Lenalidomide as a combination therapy is approved in Europe, the United States, Japan and about 25 other countries for the treatment of adult patients with multiple previously treated myeloma (MM) who are not eligible for transplantation. It is also approved in association with dexamethasone for the treatment of patients with MM who have received at least one previous therapy in almost 70 countries in Europe, the Americas, the Middle East and Asia

Lenalidomide is also approved in the United States, Canada, Switzerland, Australia, New Zealand and in several Latin American countries, as well as in Malaysia and Israel, for the treatment of transfusion-dependent anemia due to myelodysplastic syndromes (MDS) to low or intermediate-1 risk, associated with an isolated cytogenetic abnormality with deletion of 5q, with or without further cytogenetic abnormalities, as well as in Europe for the treatment of patients with transfusion-dependent anemia due to low or intermediate-1 myelodysplastic syndromes , associated with an isolated cytogenetic abnormality with deletion of 5q, in cases where other therapeutic options have proved insufficient or inadequate.

It is also approved in Europe and the United States for the treatment of patients with relapsed or refractory mantle lymphoma (MCL) after two previous therapies, one of which includes bortezomib. In Switzerland, Lenalidomide is indicated for the treatment of patients with relapsed or refractory MCL after previous therapy with bortezomib and chemotherapy / rituximab.

Lenalidomide is not indicated and is not recommended for the treatment of patients with chronic lymphocytic leukemia (CLL) outside of controlled clinical studies.

About IMNOVID (pomalidomide)

Pomalidomide administered in combination with dexamethasone is indicated in the treatment of adult patients with relapsed and refractory multiple myeloma who have undergone at least two previous therapies, including both lenalidomide and bortezomib and with demonstrated progression of the disease during the last therapy. It belongs to the class of so-called immunomodulatory drugs (IMiD ).

Pomalidomide was initially approved in the United States in 2013 in association with dexamethasone for the treatment of patients with multiple myeloma who received at least two previous therapies including lenalidomide and a proteasome inhibitor and with demonstrated progression of the disease during or within 60 days of completion of the latest therapy.

In 2013 it was approved in the EU, in association with dexamethasone for the treatment of adult patients with relapsed and refractory multiple myeloma, who underwent at least two previous therapies, including both lenalidomide and bortezomib and with demonstrated progression of the disease during the last therapy.

It is also approved in a total of 66 countries in the world, including Australia, Canada, Japan and Switzerland, for use in association with dexamethasone for indications similar to those approved in the United States and the EU.

Xenetic Biosciences, Inc. Reports 2018 Year End Results and Provides Corporate Update

On April 1, 2019 Xenetic Biosciences, Inc. (NASDAQ: XBIO) ("Xenetic" or the "Company"), a clinical-stage biopharmaceutical company focused on the discovery, research and development of next-generation biologic drugs and novel orphan oncology therapeutics, reported its financial results for the year ended December 31, 2018 (Press release, Xenetic Biosciences, APR 1, 2019, View Source [SID1234534866]).

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Xenetic also provided a corporate update and reviewed plans related to the Company’s recently announced agreement to acquire a novel CAR T ("Chimeric Antigen Receptor T Cell") platform technology, called "XCART", as well as its oncology therapeutic XBIO-101 (sodium cridanimod), a small-molecule immunomodulator and interferon inducer which, in preliminary studies has been shown to increase progesterone receptor ("PrR") expression in endometrial tumor tissue.

"Upon closing of our recent transformative agreement to acquire XCART, our differentiated CAR T platform technology, Xenetic will be positioned at the forefront of innovation in the development of new oncology therapeutics where there remains significant unmet need," commented Jeffrey Eisenberg, Chief Executive Officer of Xenetic. "Over the course of 2019, we plan to focus our R&D efforts initially on leveraging the XCART platform to develop cell-based therapeutics for the treatment of B-cell Non-Hodgkin lymphomas, an initial global market opportunity estimated to exceed $5 billion per year.1 I believe we are well positioned to build momentum and evolve Xenetic into a significant player in the oncology space, which will ultimately drive meaningful value for shareholders."

XCART Technology

On March 1, 2019, the Company entered into agreements to acquire the novel XCART platform technology, a proximity-based screening platform capable of identifying CAR constructs that can target patient-specific tumor neoantigens, with a demonstrated proof of mechanism in B-cell Non-Hodgkin lymphomas. The XCART technology, developed by The Scripps Research Institute in collaboration with the Shemyakin-Ovchinnikov Institute of Bioorganic Chemistry, is believed to have the potential to significantly enhance the safety and efficacy of cell therapy for B-cell lymphomas by generating patient- and tumor-specific CAR T cells. The acquisition is subject to conditions typical for a transaction of this kind, including appropriate stockholder approvals, and is expected to close in the first half of 2019.

The XCART technology platform was designed by its originators to utilize an established screening technique to identify peptide ligands that bind specifically to the unique B-cell receptor ("BCR") on the surface of an individual patient’s malignant tumor cells. The peptide is then inserted into the antigen-binding domain of a CAR, and a subsequent transduction/transfection process is used to engineer the patient’s T cells into a CAR T format which redirects the patient’s T cells to attack the tumor. Essentially, the XCART screening platform is the inverse of a typical CAR T screening protocol wherein libraries of highly specific antibody domains are screened against a given target. In the case of XCART screening, the target is itself an antibody domain, and hence highly specific by its nature. The XCART technology creates the possibility of personalized treatment of lymphomas utilizing a CAR with an antigen-binding domain that should only recognize, and only be recognized by, the unique BCR of a particular patient’s B-cell lymphoma.

An expected result for XCART is limited off-tumor toxicities, such as B-cell aplasia. Xenetic’s clinical development program will seek to confirm the early preclinical results, and to demonstrate a more attractive safety profile than existing therapies.

Once the acquisition is consummated, the Company intends to pursue development efforts of the XCART technology as well as other development efforts in the area of CAR T therapy.

XBIO-101 Program Update

XBIO-101 is the Company’s most advanced investigational drug candidate with an Orphan Drug designation from the FDA for the potential treatment of progesterone receptor negative endometrial cancer in conjunction with progesterone therapy. The Company’s Phase 2 clinical trial for XBIO-101 commenced patient dosing in October 2017. The trial targets a population of patients who have either failed progestin monotherapy or who have been identified as having progesterone receptor negative ("PrR-") tumors. The Company closed patient enrollment of the trial in March 2019 as a result of slower than expected progress on the trial resulting from patient enrollment and retention challenges.

Xenetic is currently in the process of identifying development paths for XBIO-101, particularly those that can efficiently leverage the existing human data and regulatory status to extend development into immuno-oncology settings.

Summary of Financial Results for Fiscal Year 2018

Net loss for the year ended December 31, 2018, was approximately $7.3 million. The Company had an accumulated deficit of $153.2 million at December 31, 2018 as compared to an accumulated deficit of approximately $145.9 million at December 31, 2017. Working capital (deficit) was approximately $(0.4) million and $3.9 million at December 31, 2018 and December 31, 2017, respectively. During the year ended December 31, 2018, the Company’s working capital decreased by $4.3 million due primarily to outflows for general operating costs and costs related to our XBIO-101 Phase 2 clinical trial. These cash outflows were partially offset by approximately $1.5 million of proceeds received from the exercise of warrants during the year ended December 31, 2018.

The Company ended the year with approximately $­0.6 million of cash. Subsequent to year-end, on March 7, 2019, the Company completed a registered direct offering of common stock with gross proceeds of approximately $3.1 million before deducting placement agent fees and other offering expenses.

BioXcel Therapeutics Showcases Data on BXCL701 in Combination with OX40 Agonist in Late-breaking Poster Presentation at AACR Annual Meeting

On April 1, 2019 BioXcel Therapeutics, Inc. ("BTI" or the "Company") (BTAI) reported its preclinical data demonstrating potential for combining the Company’s BXCL701, an oral immunomodulator, and an OX40 agonist antibody as a possible combination therapy for certain solid tumors at the American Association for Cancer Research (AACR) (Free AACR Whitepaper) Annual Meeting (Press release, BioXcel Therapeutics, APR 1, 2019, View Source [SID1234534936]). This year’s meeting is being held from March 29 to April 3, 2019 in Atlanta, Georgia. BTI is a clinical stage biopharmaceutical development company utilizing novel artificial intelligence to identify the next wave of medicines across neuroscience and immuno-oncology.

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Results from this preclinical study demonstrate that BXCL701, a dipeptidyl peptidase (DPP) and fibroblast activation protein (FAP) inhibitor, in combination with an anti-OX40 antibody resulted in synergistic anti-cancer activity and a statistically significant improvement in median survival compared to vehicle, as well as BXCL701 or the OX40 agonist alone. These results support the Company’s belief that the combination of BXCL701 and an OX40 agonist represents a new potential treatment approach against multiple cancer types, and provide rationale for a clinical efficacy study of the combination therapy. There are currently multiple OX40 agonists in various stages of clinical development.

Dr. Vincent J. O’Neill, Chief Medical Officer of BTI, commented, "We are pleased to report the findings from this study, which support the therapeutic rationale for combining BXCL701 with an OX40 agonist. This combination achieved a significant increase in anti-cancer activity in tumor models, as compared to control. These results further validate BXCL701 as a potentially versatile and effective immuno-oncology agent, due to its ability to stimulate both innate and adaptive immunity. Based on these results, we plan to explore further studies to enhance our understanding of this particular therapeutic approach and its potential in a clinical setting."

Prior studies have shown that BXCL701 inhibits tumor growth and up-regulates immuno-stimulatory cytokines as well as tumor infiltrating immune cells by targeting DPP 8/9 and FAP. Treatment with BXCL701 induces pyroptosis in macrophages, and results in the production of several pro-inflammatory factors important for a robust, anti-tumor adaptive immune response mediated by T-cells.

Full details of the accepted AACR (Free AACR Whitepaper) late breaking poster presentation are below:

Abstract #077 / Poster #22: Dipeptidyl Peptidase Inhibitor BXCL701 synergizes with an OX40-agonist antibody resulting in synergistic anti-tumor response and survival in an animal model of colorectal cancer by bridging the innate and adaptive arms of the immune system

Date:

Monday, April 01, 2019

Time:

8:00 AM-12:00 PM ET

Session:

Late Breaking Research- Immunotherapy 1

Location:

Georgia World Congress Center, Exhibit Hall B, Section 41

About BXCL701:

BXCL701 is an orally-available systemic innate-immune activator with dual mechanisms of action. It has demonstrated single agent activity in melanoma, with an established safety profile from 700 healthy subjects and cancer patients. Designed to stimulate both the innate and acquired immune systems, BXCL701 works by inhibiting dipeptidyl peptidase (DPP) 8/9 and blocking immune evasion by targeting Fibroblast Activation Protein (FAP). Preclinical combination data evaluating BXCL701, a checkpoint inhibitor and other immuno-oncology agents has demonstrated encouraging anti-tumor activity in multiple tumor types and formation of functional immunological memory. BXCL701’s primary mechanism of action has recently been highlighted in multiple peer reviewed journals, providing an important validation of the scientific rationale behind BXCL701.

BioCryst to Present at Upcoming Investor Conferences

On April 1, 2019 BioCryst Pharmaceuticals, Inc. (Nasdaq:BCRX) reported that the company will present at the H.C. Wainwright Global Life Sciences Conference in London on Monday, April 8, 2019 at 4:30 a.m. ET and the Needham Healthcare Conference in New York on Tuesday, April 9, 2019 at 2:50 p.m. ET (Press release, BioCryst Pharmaceuticals, APR 1, 2019, View Source [SID1234534816]).

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Links to a live audio webcast and replay of these presentations may be accessed in the Investors section of BioCryst’s website at http://www.biocryst.com.

SCYNEXIS, Inc. to Present at Upcoming Investor Conferences

On April 1, 2019 SCYNEXIS, Inc. (NASDAQ: SCYX), a biotechnology company delivering innovative therapies for difficult-to-treat and often life-threatening infections, reported that the Company will present at the following upcoming investor conferences (Press release, Scynexis, APR 1, 2019, View Source [SID1234534833]):

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The H.C. Wainwright Global Life Sciences Conference at the Grosvenor House A JW Marriott Hotel in London on Monday, April 8, 2019 at 4:50 p.m. GMT.
The 18th Annual Needham Healthcare Conference at the Westin Grand Central Hotel in New York City on Wednesday, April 10, 2019 at 10:40 a.m. ET.
Live webcasts of the presentations will be available on the Investors section of the Company’s website: www.scynexis.com. Replays of the presentations will be available approximately two hours after each event and will be available for two weeks following each presentation.