Two New Studies at the 2018 AAD Annual Meeting Highlight the Clinical Impact and Utilization of the DecisionDx-Melanoma Test for Cutaneous Melanoma

On February 16, 2018 Castle Biosciences, Inc., a provider of molecular diagnostics to improve cancer treatment decisions, reported the presentation of two studies highlighting the clinical use of the DecisionDx-Melanoma gene expression profile test, which uses tumor biology to provide an individual risk of recurrence in cutaneous melanoma patients (Press release, Castle Biosciences, FEB 16, 2018, View Source [SID1234524026]). The data will be presented during the 74th Annual Meeting of the American Academy of Dermatology (AAD), held in San Diego, CA from February 16-18.

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The clinical impact study titled, "A Prospective Multicenter Study to Evaluate the Clinical Impact of a 31-Gene Expression Profile Test on Physician Recommendations for Management of Melanoma Patients," (Abstract 6798) will be presented during the Late-Breaking Research: Basic Science/Cutaneous Oncology/Pathology session at the meeting. Researchers found that physicians used test results to inform risk-appropriate changes in patient management while remaining within the context of established practice guidelines.

The second study titled, "Factors Impacting Dermatologists’ Decision to Utilize a 31-Gene Expression Profiling Test to Assess Metastatic Risk for Melanoma Patients," (Abstract 7061) examined clinicopathologic factors that impact dermatologists’ decisions to recommend the DecisionDx-Melanoma test for patients. The study found that a majority of clinicians would order the DecisionDx-Melanoma test for tumor thickness of 0.5 mm or greater with or without ulceration, and for thinner tumors if a factor such as ulceration were present.

Clinical Impact Study

This multicenter, prospective clinical impact study included 247 patients from 15 dermatology, medical oncology or surgical oncology centers. Patients were clinical Stage I or II at time of enrollment. The patient cohort has a median age of 63 years and median Breslow thickness of 1.1 mm.

Pre and post-test management recommendations were collected, including laboratory tests, imaging, frequency of clinical visits, adjuvant treatment discussion, and plans for referral to surgical or medical oncology. To assess clinical impact of the test, changes between pre- and post-test plans were categorized as an increase, decrease or no change in care.

Key Study Findings:

181 patients (73%) had a Class 1 (low-risk) result and 66 (27%) had a Class 2 (high-risk) result.
Overall 49% of patients tested experienced a change in clinical management recommendations following the receipt of the DecisionDx-Melanoma test.
Class 1 patients showed a 36% post-test change in management plans, while 85% of Class 2 patients had a change following the DecisionDx-Melanoma test.
79% of management changes were assessed to be in a risk-appropriate direction based on test result, with 91% of decreases in care documented for low-risk (Class 1) patients, and 72% of increases in care provided for high-risk (Class 2) patients.
The most significantly changed management modalities were follow-up frequency and imaging.
"Across the different practice settings in this study, the DecisionDx-Melanoma test informed risk-appropriate patient management decisions, consistent with previous publications demonstrating that the test impacts one in two clinical management decisions," said Federico Monzon, MD, Chief Medical Officer, Castle Biosciences. "These findings align with national guidelines, which recommend that a patient’s individual risk of recurrence should drive management decisions."

Utilization of Clinicopathologic Factors for Decision-Making

Results from a clinical utility study designed to determine which factors impact clinicians’ decisions to use the DecisionDx-Melanoma prognostic test were also presented during the AAD meeting. The impact on use of the test by Breslow thickness, ulceration, and sentinel lymph node biopsy (SLNB) status were evaluated using clinical vignettes and an interactive response methodology. The vignettes included tumors with Breslow thicknesses of 0.26, 0.50, 0.76 and 2.10 mm, with or without ulceration or knowledge of SLNB status. A total of 181 dermatologists completed the study.

Key Study Findings:

87% of dermatologists in this study would recommend the DecisionDx-Melanoma test for all tumors with a Breslow thickness of 0.5 mm or greater in the absence of ulceration and 78% in the presence of ulceration.
Presence of ulceration was associated with an increase in the number of dermatologists who would recommend the test for all but the thickest tumor assessed (2.10 mm).
For the thinnest tumor assessed (0.26 mm) the presence of ulceration significantly increased the number of dermatologists who would recommend the test from 22% to 67% (p<0.001).
SLNB negative status was associated with an increase in the number of physicians recommending the test for the thinnest tumors from 22% to 34% (p=0.033).
"Overall, tumor thickness and presence of ulceration were found to be the most impactful factors influencing clinicians’ decisions to order the DecisionDx-Melanoma test," said study co-author Darrell S. Rigel, M.D., M.S., Clinical Professor at New York University School of Medicine. "The study shows that dermatologists are making appropriate decisions to use the test as an important part of metastatic risk assessment in early stage patients."

About DecisionDx-Melanoma
The DecisionDx-Melanoma test uses tumor biology to provide a prediction of individual risk of melanoma recurrence beyond traditional factors. Using tissue from the primary melanoma, the test measures the expression of 31 genes. The test has been validated in three multi-center studies that have included 690 patients and have demonstrated consistent results. Performance has also been confirmed in four prospective studies including 702 patients. The consistent high performance and accuracy demonstrated in these studies, which combined have included over 1300 patients, provides confidence in disease management plans that incorporate DecisionDx-Melanoma test results. Prediction of the likelihood of sentinel lymph node positivity has also been validated in two prospective multi-center studies which included over 1400 patients. Clinical impact has been demonstrated in multi-center and single-center studies showing that test results change approximately 50% of management decisions. More information about the test and disease can be found at www.SkinMelanoma.com.

Immunomic to Participate at 2018 BIO CEO & Investor Conference with Presentation and Panel Discussion

On February 16, 2018 Immunomic Therapeutics (ITI), pioneering the study of investigational LAMP-based nucleic acid immunotherapy programs, reported that the company will participate at the 2018 BIO CEO & Investor Conference in two events (Press release, Immunomics, FEB 16, 2018, View Source [SID1234524030]):

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Monday, February 12, 2018, 7-9 p.m. EST, New York Marriott Marquis, Manhattan Ballroom

Scientific American Panel: "Hot Topics in Biotech: Cancer at a Crossroads"As new financing models become increasingly complex, immuno-oncology technologies present a promising, but complex landscape. Scientific American is hosting a salon conversation with leading industry experts like ITI focused on immuno-oncology.
Panel participants:
William Hearl, Ph.D., Founder & CEO, ITI
Jeremy Abbate, VP & Publisher, Scientific American
Andrew Marshall, Chief Editor, Nature Biotech
Barbara Ryan, Life Sciences Capital Markets & Strategy Advisor, Financial Communications, CNBC
Cliff Ransom, Executive Editor, Scientific American

Tuesday, February 13, 2018, 2:45 p.m. EST, Gilbert Room, New York Marriott Marquis

Corporate presentation: ITI’s Founder & CEO, William Hearl, Ph.D., will present an overview of the company and its LAMP-Vax technology.
About LAMP-Vax

ITI’s investigational LAMP-Vax platform is thought to work by encoding the Lysosomal Associated Membrane Protein, an endogenous protein in humans. In this way, ITI’s vaccines (DNA or RNA) have the potential to utilize the body’s natural biochemistry to develop a broad immune response including antibody production, cytokine release and critical immunological memory. This approach could put LAMP-Vax technology at the crossroads of immunotherapies in a number of illnesses, including cancer, allergy and infectious diseases. LAMP is currently being employed in Phase II clinical trials as a cancer immunotherapy. ITI is also collaborating with academic centers and biotechnology companies to study the use of LAMP in cancer types of high mortality, including cases where there are limited treatment options like glioblastoma and acute myeloid leukemia. ITI believes that these early clinical studies may provide a proof of concept for LAMP-Vax therapy in cancer, and if successful, set the stage for future studies, including combinations in these tumor types and others. Preclinical data is currently being developed to explore whether LAMP nucleic acid constructs may amplify and activate the immune response in highly immunogenic tumor types and be used to create immune responses to tumor types that otherwise do not provoke an immune response.

Oncolys Invests in US Biotech Venture Specialized in Development of Novel Oncolytic Adenovirus

On February 16, 2018 Oncolys BioPharma ("Oncolys") reported that the board of the company resolved to enter
into an investment and share transfer agreement with Unleash Immuno Oncolytics, Inc. (Saint Louis, Missouri,
USA. CEO: Daniel Kazman hereinafter "Unleash"), a biotech venture specialized in development of novel
oncolytic adenovirus (Press release, Oncolys BioPharma, FEB 16, 2018, View Source [SID1234532349]).

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1. Purpose of Investment

Unleash was established in 2015 by Dr. David Curiel, a top scientific leader with broad experience in oncolytic
virus, with the purpose to develop new adenovirus based cancer therapy. Its lead product, UIO-512, is an oncolytic
virus designed to target both malignant cells and tumor-associated stroma cells and currently under development
for refractory solid tumors. Unleash also has a novel pipeline, UIO-702, that is genetically modified virus with
camelid antibody incorporated to fiber so that it evades human immune responses. UIO-702 is a systemically
delivered oncolytic virus for neoplastic metastatic disease.
In addition to the purchase of convertible bonds issued by Unleash, Oncolys is to enter into a share transfer
agreement with Unleash to receive common shares of Precision Virologics Inc. (Saint Louis, Missouri, USA.
Chairman/CEO: Daniel Kazman hereinafter "Precision Virologics"), a Washington University biotech venture,
currently held by Unleash. Oncolys has been a shareholder of Precision Virologics since March 2017.
Oncolys strongly believes that a capital tie-up with Unleash and Precision Virologics, with their world-leading
gene-modification technology, can further reinforce its existing pipeline of cancer virotherapy led by its own
oncolytic adenovirus Telomelysin (OBP-301), and help to expand drug candidates portfolio in both cancer and
serious infectious diseases with no cure at present.
2. Details of the agreement
(1)Oncolys will be entitled to have a board seat within the board of directors of Unleash.
(2)Oncolys agrees to purchase $3,000,000 convertible bonds issued by Unleash with the expected voting rights
ratio of approximately 27%, when fully converted. Oncolys also agrees to purchase 294,118 ordinary shares of
Precision Virologics held by Unleash for $330,000, which will increase Oncolys’ voting rights ratio of
NB: this is a summary translation of the press release
original drafted in Japanese for the disclosure in
compliance with the TSE regulations. In case of any
discrepancy, the Japanese original shall prevail.
Precision from 14.3% to 23%, approximately.

(3)Number of shares purchased by Unleash and its ratio against shares outstanding: None
3. Overview of the companies

(1) Name Unleash Immuno Oncolytics, Inc.
(2) Address 4320 Forest Park Avenue, Saint Louis, MO 63108 USA
(3) Representative Daniel Katzman, CEO
(4) Type of Business Research and development of cancer immunotherapy based on
genetically modified adenovirus
(5) Establishment 26 August 2015
(6) Total Paid-In Capital Not applicable
(7) Major Shareholders Name/Ownership Attribution
Daniel Katzman Founder & CEO
Dr. David Curiel Founder & CSO
Washington University School of Medicine
Axia Ventures, LLC Venture Capital
Dr. Osvaldo Podhajcer Lead Scientific Advisor
Marina Scuseria Founder
(8) Relationship with Oncolys
Capital No
Personal No
Transactional No
Related Parties No
(9) Operating Performance and Financials in the previous 3 years (USD)
Fiscal Year Dec. 2015 Dec. 2016 Dec. 2017
Net Asset
N/A*
-133,548.19 -179,604.45
Total Asset 94,006.37 56,552.69
Sales - 61,500.00
Operating Profit -115,067.15 -32,055.31
Net Profit -130,597.84 -33,447.59
*No earnings report is available as Unleash was established in August 2015

(1) Name Precision Virologics Inc.
(2) Address 4320 Forest Park Ave
Saint Louis, Missouri 63108 USA
(3) Representative Daniel Katzman, CEO
(4) Type of Business Research and development of biologically targeted adenovirus based vaccines for
emerging infectious diseases
(5) Establishment 18 February 2012 as Precision Virologics, LLC.
Converted to Precision Virologics, Inc. in August 2016.
(6) Total Paid-In Capital Not applicable
(7) Major Shareholders Name/Ownership Attribution
Dr. David Curiel Founder & CSO
Washington University School of Medicine
Daniel Katzman CEO
Oncolys BioPharma Listed company
Unleash Immuno Oncolytics Private company
(8)Relationship with Oncolys Capital Ordinary shares: 14%
Personal Board member: 1
Transactional First refusal right in Asian countries with relation to all projects
developed by Precision Virologics
Related Parties No
(9) Operating Performance and Financials in the previous 3 years
Fiscal Year Dec. 2015 Dec. 2016 Dec. 2017
Net Asset
No earnings report filed for these years as the
company was converted from Precision Virologics,
LLC. to Precision Virologics Inc. in August 2016.
409,512.75
Total Asset 409,512.75
Sales –
Net Profit -90,497.27
4. Schedule
(1) Board Resolution 16 February 2018
(2) Execution of Agreement February 2018(provisional)
(3) Execution of Investment February 2018(provisional)
5. Future Outlook
As neither Unleash nor Precision Virologics falls under the category of equity method affiliates for Oncolys, the
announcement above will not significantly affect Oncolys’ earnings for the fiscal year ending 31 December 2018.

Pacira Pharmaceuticals to Present at the 2018 RBC Capital Markets Healthcare Conference

On February 16, 2018 Pacira Pharmaceuticals, Inc. (NASDAQ:PCRX) reported that the company is scheduled to present at the 2018 RBC Capital Markets Healthcare Conference at 9:30 AM ET on Wednesday, February 21, 2018 in New York City (Press release, Pacira Pharmaceuticals, FEB 16, 2018, View Source;p=RssLanding&cat=news&id=2332988 [SID1234524038]).

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A live audio webcast of the Pacira presentation can be accessed by visiting the "Investors & Media" section of the company’s website at investor.pacira.com. A replay of the webcast will be archived on the Pacira website for two weeks following the presentation date.

10-K – Annual report [Section 13 and 15(d), not S-K Item 405]

Shire has filed a 10-K – Annual report [Section 13 and 15(d), not S-K Item 405] with the U.S. Securities and Exchange Commission (Filing, 10-K, Shire, 2018, FEB 16, 2018, View Source [SID1234524050]).

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