Neurocrine Biosciences Announces Conference Call and Webcast of Fourth Quarter and Year-End 2018 Financial Results

On January 15, 2019 Neurocrine Biosciences, Inc. (NASDAQ: NBIX) reported that it will report fourth quarter and year-end 2018 financial results after the Nasdaq market closes on Tuesday, Feb. 5, 2019 (Press release, Neurocrine Biosciences, JAN 15, 2019, View Source;p=RssLanding&cat=news&id=2383457 [SID1234532654]). Neurocrine will then host a conference call and webcast to discuss its financial results and provide a Company update that day at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).

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Participants can access the live conference call by dialing 877-876-9174 (US) or 785-424-1669 (International) using the conference ID: NBIX. The webcast can also be accessed on Neurocrine’s website under Investors at www.neurocrine.com. A replay of the webcast will be available on the website approximately one hour after the conclusion of the event and will be archived for approximately one month.

Lytix Biopharma AS announces dosing of first patient in a Phase II study

On January 15, 2019 Lytix Biopharma AS reported that dosing of first patient in a Phase II study of its first in class oncolytic peptide, LTX-315, administered in combination with adoptive T-cell therapy in patients with advanced soft tissue sarcoma (Press release, Lytix Biopharma, JAN 15, 2019, View Source [SID1234532655])

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The objective of the trial is to assess the safety and efficacy of intratumoral administration of LTX-315 and adoptive T-cell therapy in patients with advanced soft tissue sarcoma. This proof of concept study will evaluate the potential for LTX-315 to induce T-cell infiltration prior to isolation and expansion of tumor infiltrating lymphocytes (TILs) followed by infusion of the cultured TILs to the patient. An extensive immune profile will be generated to characterise the immune status and nature of anti-tumor immune response. Objective clinical response and duration of response will be assessed.

The first patient has commenced dosing with LTX-315 and will proceed to resection of the injected lesion followed by TIL expansion and infusion (upon positive TIL generation and identification).

Soft tissue sarcoma is an indication with progressive subtypes and limited treatment options. We were greatly encouraged by the results of a recent LTX-315 Phase I study indicating that LTX-315 has the potential to turn cold tumours hot, which may prove to be a vital therapeutic pathway for patients with sarcoma who otherwise would not be able to benefit from immune therapy. We look forward to the outputs of this program to help address a crucial unmet need as well as understand the potential of this combination for other cancer indications. Said Hamina Patel, CMO of Lytix Biopharma AS.

We are really pleased that the first patient has been recruited into the study and will undergo combination treatment with LTX-315 and T-cell therapy. This is an area of substantial unmet need and new, effective treatment options for patients with sarcoma are needed. We anticipate that LTX-315 can provide a viable treatment when utilized in combination with T-cell therapy, since it has already been demonstrated that LTX-315 has the potential to attract relevant immune cells into tumors. Said Inge Marie-Svane, MD, Principle Investigator, Center for Cancer Immune Therapy, Herlev Hospital, Denmark.

Orion Biotechnology Reports Positive Results for Colorectal Cancer in Preclinical Study

On January 15, 2019 Orion Biotechnology Canada Ltd., a developer of novel medical treatments, reported preclinical data produced in collaboration with Charles River Laboratories, evaluating the efficacy of OB-002O (5P12-RANTES) in colorectal cancer (Press release, Orion Biotechnology, JAN 15, 2019, View Source [SID1234532673]). BALB/c mice were inoculated subcutaneously with the CT-26 colorectal cancer cell line. Three days after inoculation intraperitoneal treatment was started with OB-002O, a murine anti-PD-1 antibody, OB-002 + anti-PD-1, or saline placebo. Treatment was given daily or every third day. Treatment with OB-0020 alone led to statistically significant delayed tumor growth at multiple time-points. An even more profound effect on the decrease in mean tumor volume was observed in combination cohort where animals received both, OB-0020 and the anti-PD-1 antibody (p>0.05).

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"There is growing awareness of the role of CCR5 antagonism as an important component of cancer immunotherapy. OB-002O is an extremely potent CCR5 antagonist and we are delighted to see that OB-002O has robust efficacy alone and in combination with an anti-PD-1 antibody in the CT-26 colorectal cancer model. These data support the further preclinical and clinical development of OB-002O for colorectal cancer" said Dr. Ian McGowan, Chief Scientific Officer for Orion Biotechnology.

Mark Groper, President and CEO of Orion Biotechnology added; "We are delighted by these preliminary data and look forward to the later stage development of OB-002O in colorectal cancer as well as exploring the efficacy of OB-002O in other cancer models."

PharmaCyte Biotech Announces Encapsulation of Live Cells for Clinical Trial in Pancreatic Cancer

On January 15, 2019 PharmaCyte Biotech, Inc. (OTCQB: PMCB), a biotechnology company focused on developing targeted cellular therapies for cancer and diabetes using its signature live-cell encapsulation technology, Cell-in-a-Box, reported PharmaCyte’s partner, Austrianova, has successfully encapsulated the live cells used in PharmaCyte’s therapy for its planned clinical trial in patients with locally advanced, non-metastatic, inoperable pancreatic cancer (LAPC) (Press release, PharmaCyte Biotech, JAN 15, 2019, View Source [SID1234532656]). The cells are now growing and dividing inside the Cell-in-a-Box capsules.

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PharmaCyte’s Chief Executive Officer, Kenneth L. Waggoner, said, "We are now in the process of monitoring the growth and division of the live cells as they spend more time in a ‘nutrient bath.’ This will allow the cells to continue to grow and divide and then completely fill the capsules. Once the capsules are completely full of live cells, they will be placed into syringes and frozen. Austrianova will then commence testing the capsules in the frozen syringes to finalize PharmaCyte’s clinical trial material."

Since its pre-production "engineering runs" in late 2018, Austrianova has further enhanced the manufacturing process and equipment. Once the testing of the syringes is successfully completed, the data and reports generated from this process will allow the completion of the Investigational New Drug application (IND) that must be submitted to the U.S. Food and Drug Administration (FDA) to apply for approval to begin a clinical trial in LAPC.

Seres Therapeutics Announces Chief Executive Officer Transition

On January 15, 2019 Seres Therapeutics, Inc. (Nasdaq: MCRB) reported the appointment of Eric D. Shaff as President and Chief Executive Officer (Press release, Seres Therapeutics, JAN 15, 2019, View Source [SID1234532657]). Mr. Shaff, who is currently Chief Operating and Financial Officer, succeeds Roger J. Pomerantz, M.D. Mr. Shaff has also joined Seres’ Board of Directors and will continue to serve as Seres’ principal financial officer on an interim basis. Dr. Pomerantz will continue as Chairman of Seres’ Board of Directors.

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Noubar Afeyan, Ph.D., Lead Director and Co-Founder of Seres Therapeutics and CEO of Flagship Pioneering, commented, "Eric is an experienced business leader with exceptional strategic and operational acumen, and the Board has great confidence in his ability to successfully lead Seres. We are pleased to continue to work with Roger as he returns to his original role as Board Chair. We thank him for his important contributions to the development and growth of Seres since it spun out from Flagship Pioneering in 2014 and look forward to our additional collaborations."

"Seres continues to be the leader in the research and development of microbiome therapeutics, and I am honored and privileged to lead the Company’s next phase of development," said Mr. Shaff. "I look forward to executing the most effective path forward for the Company’s strategy, seeking to create value for shareholders, and most importantly, developing meaningful new medicines for patients in need."

Said Dr. Pomerantz, "I am proud of the significant progress that the Seres team has made during the last five years. The Company has developed leading microbiome drug discovery capabilities, unparalleled manufacturing competencies and a number of promising therapeutic candidates for difficult-to-treat diseases. I look forward to Eric’s leadership of the company and a bright future for Seres and its microbiome therapeutics."

Mr. Shaff has served as Seres’ Chief Financial Officer, Executive Vice President and Treasurer since November 2014, and in January 2018, he was appointed to the additional role of Chief Operating Officer. Mr. Shaff also serves on the Board of Directors for Sigilon Therapeutics and has extensive experience in the biotechnology field, having worked at Momenta Pharmaceuticals and Genzyme Corporation, where he was Vice President of Finance for the Personalized Genetic Health division. Mr. Shaff received his B.A. from the University of Pennsylvania and his MBA from Cornell University.