Y-mAbs Receives Breakthrough Therapy Designation for Naxitamab for the treatment of High Risk Neuroblastoma

On August 21, 2018 Y-mAbs Therapeutics, Inc. (YmAbs), an immunotherapy company discovering and developing innovative treatments for patients with cancer, reported that the Company has received a Breakthrough Therapy designation for naxitamab, in combination with GM-CSF, for the treatment of high risk neuroblastoma refractory to initial therapy or with incomplete response to salvage therapy in patients older than 12 months of age with persistent, refractory disease limited to bone marrow with or without evidence of concurrent bone involvement (Press release, Y-mAbs Therapeutics, AUG 21, 2018, View Source [SID1234529164]).

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YmAbs Founder, President and Head of Business Development and Strategy, Thomas Gad said, "We are very pleased that the FDA has granted the Breakthrough Therapy designation to naxitamab and we look forward to continuing to work with the FDA to make this therapy potentially available to children facing an unmet medical need. We believe that Naxitamab provides a new opportunity for pediatric patients otherwise faced with little or no options. This is an important milestone achievement for YmAbs, and we continue to work with the regulatory authorities to advance naxitamab to patients suffering from high risk neuroblastoma as quickly as possible."

Dr. Claus Møller, Chief Executive Officer further notes, "This is the first time naxitamab has earned the distinction of a Breakthrough Therapy Designation. We are pleased that the FDA continues to recognize the potential of naxitamab to help patients with high risk neuroblastoma."

About Breakthrough Therapy Designation:

The Breakthrough Therapy Designation was enacted as part of the 2012 FDA Safety and Innovation Act (FDASIA) and is intended to expedite development of drugs to treat serious and life-threatening medical conditions when preliminary clinical evidence demonstrates that the drug may have substantial improvement on at least one clinically significant endpoint over available therapies. Breakthrough Therapy Designation includes all the features of the Fast Track Designation, as well as more intensive guidance from the FDA on a drug’s clinical development program.

Galera Therapeutics Presents Structure and Synthesis of GC4419 at American Chemical Society Annual Meeting

On August 20, 2018 Galera Therapeutics, Inc., a clinical-stage biotechnology company focused on the development of drugs targeting oxygen metabolic pathways with the potential to transform cancer radiotherapy, reported that Co-Founder and Chief Scientific Officer Dennis Riley, Ph.D., will deliver an oral presentation as part of The Halpern Legacy Symposium today at the 256th National Meeting & Exposition of the American Chemical Society (ACS) in Boston (Press release, Galera Therapeutics, AUG 20, 2018, View Source [SID1234529007]).

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The presentation will detail the chemical design and development of Galera’s lead candidate GC4419, a highly selective and potent small molecule dismutase mimetic, for use as a pharmaceutical agent to reduce the undesired side effects of radiation therapy for the treatment of cancer.

Dr. Riley and his team designed GC4419, the synthetic enzyme which mimics the function of the naturally occurring superoxide dismutase enzymes that convert superoxide to molecular oxygen and hydrogen peroxide. GC4419’s molecular structure is based on a 15-membered macrocyclic ring complex of manganese(II) and GC4419’s GMP synthesis yields a molecule with >99.8 percent chemical purity. The molecule is selective, stable in vivo and does not react with other oxygen species, and its low molecular weight contributes to its ability to access a cell’s cytosol and mitochondria.

"The ability to develop a low-molecular-weight synthetic enzyme that harnesses the power of dismutase mimetics to function as a radiation response modifier, with efficient chemical synthesis and stability, offers a new paradigm for drug design," said Dr. Riley. "We’re pleased to present for the first time publicly on the discovery and structure of GC4419, and honored to have been selected to present as part of The Halpern Legacy Symposium."

By rapidly converting superoxide to oxygen and hydrogen peroxide, GC4419 works to reduce elevated levels of superoxide caused by radiation, which can damage noncancerous tissues and lead to serious side effects, including oral mucositis. Results from a Phase 2b trial demonstrated GC4419’s ability to reduce the incidence and duration of radiation-induced severe oral mucositis (SOM) in patients with head and neck cancer, its lead indication. SOM is one of the most common and debilitating side effects of radiotherapy and there are currently no approved therapies to prevent or treat it.

Conversion of superoxide to hydrogen peroxide, which is much more toxic to cancer cells than normal cells, may also enhance the effect of radiation on tumors, particularly with stereotactic body radiation therapy (SBRT), which uses higher doses of radiation and thus produces higher levels of superoxide. GC4419 is currently being studied in combination with SBRT for its anti-tumor effect in a Phase 1/2 trial of patients with locally advanced pancreatic cancer.

"The design of GC4419 forms the foundation of the drug’s highly differentiated approach and potential to change the management of radiation therapy to address serious unmet medical needs in a number of indications," said Mel Sorensen, M.D., President and CEO of Galera. "We look forward to continued evaluation of the promise of GC4419, and plan to initiate a Phase 3 trial of GC4419 for the treatment of SOM in patients with head and neck cancer later this year."

Dr. Riley’s presentation will also be included in the ACS press program.

The American Chemical Society, the world’s largest scientific society, is a not-for-profit organization chartered by the U.S. Congress. ACS is a global leader in providing access to chemistry-related information and research through its multiple databases, peer-reviewed journals and scientific conferences. ACS does not conduct research, but publishes and publicizes peer-reviewed scientific studies. Its main offices are in Washington, D.C., and Columbus, Ohio.

For more information and to view the abstracts, visit www.acs.org/content/acs/en/meetings/national-meeting.html.

About GC4419

GC4419 is a highly selective and potent small molecule dismutase mimetic that closely mimics the activity of human superoxide dismutase enzymes. GC4419 works to reduce elevated levels of superoxide caused by radiation therapy by rapidly converting superoxide to hydrogen peroxide and oxygen. Left untreated, elevated superoxide can damage noncancerous tissues and lead to debilitating side effects, including oral mucositis (OM), which can limit the anti-tumor efficacy of radiation therapy. Conversion of elevated superoxide to hydrogen peroxide, which is selectively more toxic to cancer cells, can also enhance the effect of radiation on tumors, particularly with stereotactic body radiation therapy (SBRT), which produces high levels of superoxide.

GC4419 has been studied in patients with head and neck cancer, GC4419’s lead indication, for its ability to reduce the incidence and duration of radiation-induced severe oral mucositis (SOM). Results from Galera’s 223-patient, double blind, randomized, placebo-controlled Phase 2b clinical trial demonstrated GC4419’s ability to dramatically reduce the duration of SOM from 19 days to 1.5 days (92 percent), the incidence of SOM through completion of radiation by 34 percent and the severity of patients’ OM by 47 percent, while demonstrating acceptable safety when added to a standard radiotherapy regimen. In addition, in multiple preclinical studies, GC4419 demonstrated an increased tumor response to radiation therapy while preventing toxicity in normal tissue.

The U.S. Food and Drug Administration (FDA) granted Breakthrough Therapy designation to GC4419 for the reduction of the duration, incidence and severity of SOM induced by radiation therapy with or without systemic therapy. The FDA also granted Fast Track designation to GC4419 for the reduction of the severity and incidence of radiation and chemotherapy-induced OM.

Fractionated Dosing Improves Tolerability and Safety of Cellectar’s CLR 131 in R/R Multiple Myeloma Patients

On August 20, 2018 Cellectar Biosciences (Nasdaq: CLRB), a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of drugs for the treatment of cancer, reported that data from Cohort 5 of the company’s ongoing Phase 1b clinical trial evaluating CLR 131 for the treatment of relapsed/refractory (R/R) multiple myeloma (MM) (Press release, Cellectar Biosciences, AUG 20, 2018, View Source [SID1234529088]).

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Unlike prior cohorts that used single doses of CLR 131, Cohort 5 utilized a fractionated two-dose regimen of 15.625 mCi/m2 given approximately one week apart. This dosing schedule provides higher average drug exposure but lower peak serum levels than non-fractionated dosing potentially reducing adverse events and improving efficacy. The independent Data Monitoring Committee (DMC) determined the fractionated dose used in Cohort 5 to be safe and well tolerated and recommended advancement to a higher dose cohort.

Results from Cohort 5 indicate enhanced tolerability and safety in comparison to Cohort 4 despite an 18% increase in total average dose from 55.29 mCi to 65.15 mCi of CLR 131. Patients in Cohort 5 required less supportive care such as transfusions of platelets or packed red blood cells than seen in previous cohorts. Based on the results and DMC recommendation, the company plans to initiate a sixth cohort using a fractionated dose regimen of two doses of 18.75 mCi/m2 administered one week apart and to modify the dosing regimen of its ongoing Phase 2 trial of R/R hematologic malignancies to use fractionated dosing.

In addition to the improved safety profile demonstrated in Cohort 5, the company also monitored signals of efficacy. Despite Cohort 5 patients averaging 5 lines of prior systemic therapies, all patients experienced clinical benefit with two patients achieving minimal responses and two stable disease. Furthermore, looking at surrogate markers, patients in Cohort 5 monitored by M-protein showed a nearly 50% further reduction in M-protein than seen in Cohort 4.

"We are encouraged with the potential for improving the CLR 131 profile with the fractionated dose regimen. These results point to the promise of this dosing strategy to increase efficacy and improve clinical outcomes," said James Caruso, president and chief executive officer of Cellectar Biosciences. "In the fight against cancer, dose-limiting toxicities are a critical challenge to achieving therapeutic efficacy. We believe the fractionated dose regimen and our targeted drug delivery may overcome this challenge and we plan to incorporate it into current and future trial designs."

About Phospholipid Drug Conjugates

Cellectar’s product candidates are built upon a patented delivery and retention platform that utilizes optimized phospholipid ether-drug conjugates (PDCs) to target cancer cells. The PDC platform selectively delivers diverse oncologic payloads to cancerous cells and cancer stem cells, including hematologic cancers and solid tumors. This selective delivery allows the payloads’ therapeutic window to be modified, which may maintain or enhance drug potency while reducing the number and severity of adverse events. This platform takes advantage of a metabolic pathway utilized by all tumor cell types in all cell cycle stages. Compared with other targeted delivery platforms, the PDC platform’s mechanism of entry does not rely upon specific cell surface epitopes or antigens. In addition, PDCs can be conjugated to molecules in numerous ways, thereby increasing the types of molecules selectively delivered. Cellectar believes the PDC platform holds potential for the discovery and development of the next generation of cancer-targeting agents.

About CLR 131

CLR 131 is Cellectar’s investigational radioiodinated PDC therapy that exploits the tumor-targeting properties of the company’s proprietary phospholipid ether (PLE) and PLE analogs to selectively deliver radiation to malignant tumor cells, thus minimizing radiation exposure to normal tissues. CLR 131 is in a Phase 2 clinical study in R/R MM and a range of B-cell malignancies and a Phase 1b clinical study in patients with R/R MM exploring fractionated dosing. The objective of the multicenter, open-label, Phase 1b dose-escalation study is the characterization of safety and tolerability of CLR 131 in patients with R/R MM. Patients in Cohorts 1-4 received single doses of CLR 131 ranging from 12.5 mCi/m2 to 31.25 mCi/m2. All study doses have been deemed safe and well tolerated by an independent Data Monitoring Committee. The company is currently initiating a Phase 1 study with CLR 131 in pediatric solid tumors and lymphoma, and is planning a second Phase 1 study in combination with external beam radiation for head and neck cancer.

Coherus BioSciences Management to Participate in Two Investor Healthcare Conferences in September 

On August 20, 2018 Coherus BioSciences, Inc. (Nasdaq: CHRS), reported that senior management will participate in two upcoming investor healthcare conferences in September (Press release, Coherus Biosciences, AUG 20, 2018, View Source;p=RssLanding&cat=news&id=2364115 [SID1234529052]).

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Management participation in a fireside chat is scheduled at Baird’s 2018 Global Healthcare Conference on Wednesday, September 5th at 10:50 a.m. ET taking place in New York, NY. Management participation in a fireside chat is scheduled at the 13th Annual Wells Fargo Securities Healthcare Conference on Thursday, September 6th at 8:00 a.m. ET taking place in Boston, MA.

The audio portion of the presentations will be available on the investors page of the Coherus BioSciences website at View Source

Pfizer Invites Public To View And Listen To Webcast Of August 27 Conference Call With Analysts And Investors To Review Tafamidis Data Presentation At ESC Congress 2018

On August 20, 2018 Pfizer Inc. reported that it invites investors and the general public to view and listen to a webcast of a conference call with investment analysts on Monday, August 27, 2018 at 9:00 a.m. EDT (Press release, Pfizer, AUG 20, 2018, View Source [SID1234529034]). The purpose of the call is to review the Tafamidis data presentation at the ESC Congress 2018 organized by the European Society of Cardiology.

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To view and listen to the webcast, visit our web site at www.pfizer.com/investors. Information on accessing and pre-registering for the webcast will be available at www.pfizer.com/investors beginning today. Participants are advised to pre-register in advance of the conference call.

You can also listen to the conference call by dialing either (855) 895-8759 in the United States and Canada or (503) 343-6044 outside of the United States and Canada. The password is "ESC".

Visitors to www.pfizer.com/investors will be able to view and listen to an archived copy of the webcast of the conference call.