IMCHECK THERAPEUTICS OBTAINS 1M€ FROM BPIFRANCE TO CONTRIBUTE TO THE DEVELOPMENT OF A NOVEL THERAPEUTIC ANTIBODY IN IMMUNO-ONCOLOGY

On October 09, 2017 ImCheck Therapeutics, an emerging biopharmaceutical company developing a new generation of immunomodulatory antibodies against cancer and auto-immune diseases, reported a funding award of €930,000 from Bpifrance to contribute to the advancement of one of its novel immunotherapy program in cancer (Press release, ImCheck Therapeutics, OCT 9, 2017, View Source [SID1234522234]).

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The funding will be dedicated to conducting translational studies and launching the production of a novel therapeutic antibody active on both adaptive and innate immune cells and whose target remains confidential at this stage. These studies will be performed in partnership with several renowned international expert academic institutions and will aim at validating the clinical benefit of predictive biomarkers for future treatments as well as study the mechanism of action of the antibody in various hematological cancers (e.g. acute myeloid leukemia, lymphoma) and solid tumors (e.g. colorectal, pancreas, lung, gynecological cancers).

«We are delighted to benefit from the support of the French State as we are preparing for the entry of our antibody in its clinical development phases. ImCheck has a very ambitious development plan building on the discovery work of Daniel Olive’s team, notably on the control mechanisms of gamma-delta T-cells, an immune cell population drawing increasing attention» said Benjamin Charles, Chief Business Officer of ImCheck Therapeutics.

« Bpifrance supports several companies in the highly-innovative and highly-competitive field of immuno-oncology. ImCheck’s projects are highly-differentiated and very well-positioned. We are pleased to support them with this funding. » added Françoise Marchand, Project Innovation Officer at Bpifrance.

The Company plans to take this first antibody candidate into Phase 1 in 2019 and will apply for further additional non-dilutive funding, notably through the FUI program from Bpifrance.

«We hope to rapidly deliver this new generation of immunomodulators with the potential to overcome resistance to existing cancer immunotherapies. In parallel, we intend to develop the proper personalization tools to precisely identify & select responders to this new therapeutic agents» concluded Pierre d’Epenoux, CEO of ImCheck Therapeutics.

PPD Wins Best CRO at World ADC Awards for Advancing Cancer Research

On October 9, 2017 Pharmaceutical Product Development, LLC (PPD), a leading global contract research organization (CRO), reported it was named Best CRO Providerat the World ADC Awards (Press release, PPD, OCT 8, 2017, View Source [SID1234520813]). This recognition acknowledges the excellence and dedication of PPD Laboratories professionals in supporting clients’ antibody-drug conjugate (ADC) research to develop new anticancer therapies.

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ADCs are complex biotherapeutic molecules, combining monoclonal antibodies with an attached payload of highly potent cytotoxic drugs. They are designed to target and destroy cancer tumor cells with high specificity and efficiency, while minimally impacting healthy cells. To date, PPD Laboratories’ experience includes more than 100 different ADC molecules.

PPD Laboratories has supported numerous ADC development programs since 2009, ranging from early development projects to preclinical good laboratory practice (GLP) and human clinical trials.

"This award is evidence that PPD Laboratories’ employees are at the leading edge of ADC research and are driven to help clients succeed in combating cancer," said Chris Fikry, M.D., executive vice president of PPD Laboratories for PPD. "In the past five years, the bioanalytical lab has completed more than 5,000 studies, providing vital pharmacokinetic, pharmacodynamic and immunogenicity data to support our clients’ efforts to develop new medicines to improve health."

PPD Laboratories’ scientists have extensive experience in bioanalytical testing utilizing diverse measurement technologies, including immunochemistry, chromatography-mass spectrometry, cell-based assays, flow cytometry and molecular genomics. PPD’s expertise includes small molecules, biologics, vaccines and biomarkers across a wide variety of therapeutic areas. In oncology, our largest therapeutic area, PPD Laboratories helped develop all of 2016’s top 20 cancer therapies.

The fourth annual World ADC Awards, which recognize distinction within ADC research, were held Sept. 21 in conjunction with the eighth annual World ADC San Diego Conference.

Incyte and Cancer Support Community Delaware Announce the Establishment of the Incyte Cancer Care Assistance Fund for Delaware

On October 6, 2017– Incyte Corporation (Nasdaq:INCY) and Cancer Support Community Delaware (CSCDE) reported the establishment of the Incyte Cancer Care Assistance Fund for Delaware which will provide emergency financial assistance for cancer patients, their caregivers and family members living in Delaware (Press release, Incyte, OCT 6, 2017, View Source;p=RssLanding&cat=news&id=2305148 [SID1234520802]).

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Through the Incyte Charitable Giving Foundation, Incyte has committed to providing a maximum of $100,000 each year to CSCDE over the next 5 years, beginning in 2018.

"We are very pleased to announce the creation of the Incyte Cancer Care Assistance Fund for Delaware with Cancer Support Community Delaware, an organization which, like Incyte, is dedicated to supporting patients with cancer and the local community," said Paula Swain, Executive Vice President of Human Resources and Chair of The Incyte Charitable Giving Foundation. "Today, as we celebrate the opening of our newly expanded headquarters in Wilmington, we reaffirm our commitment to Delaware and to the well-being of the communities we serve."
The fund will be administered by Cancer Support Community Delaware. Additional details about the Incyte Cancer Care Assistance Fund for Delaware will be made available in January 2018.

"Through the establishment of this fund, we aim to address the emergent needs that patients with cancer in Delaware face as they navigate their disease and its impact across all aspects of their lives," said Nicole Topkis Pickles, Executive Director of Cancer Support Community Delaware.

ERYTECH Files Registration Statement for Proposed Initial Public Offering in the United States

On October 6, 2017 ERYTECH Pharma (Paris:ERYP) (ADR:EYRYY) (Euronext Paris: ERYP) ("ERYTECH"), a clinical-stage biopharmaceutical company developing innovative therapies by encapsulating therapeutic drug substances inside red blood cells, reported that it has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission ("SEC") relating to a proposed initial public offering of its American Depositary Shares ("ADSs"), each representing one ordinary share, in the United States and a concurrent private placement of its ordinary shares in Europe and other countries outside of the United States and Canada (together, the "Global Offering") (Press release, ERYtech Pharma, OCT 6, 2017, View Source;p=RssLanding&cat=news&id=2305243 [SID1234520826]). All securities to be sold in the Global Offering will be offered by ERYTECH. The number of securities to be sold and the price range for the proposed Global Offering have not yet been determined. ERYTECH has applied to list its ADSs on the NASDAQ Global Market under the ticker symbol "ERYP." The ordinary shares are listed on Euronext Paris under the symbol "ERYP."

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Jefferies LLC is acting as global coordinator and joint book-runner for the Global Offering. Cowen and Company, LLC is acting as joint book-runner and JMP Securities LLC is acting as lead manager for the offering of ADSs in the United States. Oddo BHF SCA is acting as joint book-runner for the offering of the Company’s ordinary shares in Europe.

The securities referred to in this press release will be offered only by means of a prospectus. When available, copies of the preliminary prospectus relating to and describing the terms of the Global Offering may be obtained from Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, or by telephone at (877) 821-7388, or by email at [email protected]; or from Cowen and Company, LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Attention: Prospectus Department, or by telephone at (631) 274-2806.

A registration statement relating to the securities referred to herein has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction.

NICE recommends access to AbbVie’s VENCLYXTO (venetoclax) to treat
most common form of adult leukaemia in England via Cancer Drugs Fund

On October 5, 2017 the National Institute for Health and Care Excellence(NICE) reported a final appraisal determination (FAD) recommending that AbbVie’s VENCLYXTO(venetoclax) is made available to NHS patients with difficult-to-treat types of chronic lymphocyticleukaemia (CLL) via the Cancer Drugs Fund (CDF), providing conditions of the managed accessagreement are followed (Press release, PharmaTimes, OCT 5, 2017, View Source [SID1234520814]). Venetoclax will now be available on the NHS to adult patients in Englandwith CLL in the absence of 17p deletion or TP53 mutation who have failed bothchemo-immunotherapy and a B-cell receptor (BCR) inhibitor. Venetoclax has also beenrecommended for the treatment of adult CLL patients in the presence of 17p deletion or TP53mutation who are either unsuitable for or have failed a BCR inhibitor.2 Please see the NICE websitefor the eligibility criteria: View Source appraisal-determination-document.

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Today’s recommendation marks the continuation of patient access across the UK, following therecent acceptance of venetoclax for use across NHS Scotland this August.

The immediate inclusion of venetoclax in the Cancer Drugs Fund is a positive step forward forpatients with CLL in England" commented David Innes, Chair of the CLL Support Association. "Accessto new treatment options is vital for patients with challenging forms of CLL, who have a short lifeexpectancy after exhausting current treatment options. We are pleased to see AbbVie and NICEworking together to expedite patient access and are hopeful that this will ultimately translate intolonger-term routine prescribing on the NHS, providing an essential treatment option for those livingwith CLL and their families."

Venetoclax, is a first-in-class, oral, once-daily medicine that selectively inhibits the function of theBCL-2 protein, restoring the body’s ability to trigger cancer cell self-destruction.2 For those patientsliving with CLL requiring treatment, the majority will eventually have their disease recur,3 with one intwo patients failing current treatments facing survival as short as three months.4,5 Venetoclax isbeing developed by AbbVie and Roche. It is jointly commercialised by AbbVie and Genentech, amember of the Roche Group, in the U.S. and by AbbVie outside of the U.S.

Dr Peter Hillmen, Professor of Experimental Haematology and Honorary Consultant Haematologistat Leeds Teaching Hospitals NHS Trust, commented, "Today’s recommendation is great news forpatients with CLL who have failed existing treatments, and provides clinicians with an important newtreatment option. The studies that NICE has assessed to reach this positive decision represent a 4UB 2 milestone in the management of relapsed/refractory CLL. The early clinical data is compelling,showing survival benefits for this challenging group of patients, including some who achievedcomplete remission. I would anticipate that collection of further data through the CDF will confirmthese extremely promising early findings."

CLL affects the blood and immune system and is the most common form of adult leukaemia withalmost 3,500 people affected in the UK each year, with over 3,000 cases in England alone.6,7 Forpeople who develop or harbour gene mutations, such as 17p deletion and/or TP53 mutation,treatment is particularly challenging and these are associated with poorer quality of life and amedian life expectancy of less than two to three years with current standard-of-care regimens.

In a Phase 2 study (M13-982) of 158 patients with relapsed and/or refractory CLL with a 17pdeletion, the overall response rate was 77.2% (122/158) according to investigator assessment.10,11Based on Kaplan-Meier estimations, 86.7% of patients were estimated to be alive following 12months of treatment.11 In a separate Phase 2 two arm study (M14-032) of venetoclax in 64 CLLpatients who relapsed or were refractory to BCR inhibitors (ibrutinib or idelalisib), the primaryendpoint, overall response rate, was 67% and 57% respectively, according to investigatorassessment.11 Venetoclax has also demonstrated early and sustained improvements in fatigue, adebilitating symptom of CLL, with reductions observed at just 4 weeks.

A recent study supports the use of Minimal Residual Disease (MRD) negativity as a prognosticmarker for long-term progression-free survival and as a potential therapeutic goal in CLL. MRDnegativity describes the presence of a small number of leukaemic cells that remain followingtreatment and is defined as <1 CLL cell detectable per 10,000 leukocytes.13,14 In a Phase 2 study inpatients with relapsing and refractory CLL with the del(17p) gene mutation, a high risk prognosticfactor, MRD was used as an exploratory endpoint. Of 158 patients who were treated withvenetoclax, 24% of patients (38/158) achieved MRD negativity in the peripheral blood, including 16patients who were also MRD negative in the bone marrow.

Venetoclax was the first blood cancer medicine to be given positive scientific opinion through theEarly Access to Medicines Scheme (EAMS), following its designation as a Promising InnovativeMedicine (PIM) by the UK’s Medicines and Healthcare products Regulatory Agency (MHRA)designation.

4UB 3As part of AbbVie’s ongoing focus on delivering breakthrough medicines, it has worked with theMHRA and NHSE to provide 50 patients in the UK with early access to venetoclax via EAMS. OnceEAMS ceased, AbbVie made a commitment to providing the treatment free of charge untilreimbursement. Through a combination of EAMS and free of charge supply, approximately 100patients with a high unmet need have benefitted from early access to venetoclax.