Bristol-Myers Squibb to Announce Results for Second Quarter 2018 on July 26

On June 7, 2018 Bristol-Myers Squibb Company (NYSE:BMY) reported it will announce results for the second quarter of 2018 on Thursday, July 26, 2018 (Press release, Bristol-Myers Squibb, JUN 7, 2018, View Source [SID1234527217]). During a conference call at 10:30 a.m. EDT on July 26, company executives will review financial information and will address inquiries from investors and analysts.

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Investors and the general public are invited to listen to a live webcast of the call at View Source or by dialing in the U.S. toll free 323-794-2093 or international 866-548-4713, confirmation code: 4235170. Materials related to the call will be available at the same website prior to the conference call. A replay of the call will be available beginning at 1:30 p.m. EDT on July 26 through 1:30 p.m. EDT on, August 9, 2018. The replay will also be available through View Source or by dialing in the U.S. toll free 888-203-1112 or international 719-457-0820, confirmation code: 4235170.

Oncologie Launches with 16.5M USD Seed Funding Led by Pivotal bioVenture Partners China

On June 7, 2018 Oncologie, an innovative biopharmaceutical company, reported that it is launching operations in both Boston and Shanghai with $16.5M seed financing led by Pivotal bioVenture Partners China (Press release, Oncologie, JUN 7, 2018, View Source [SID1234527232]). Oncologie is committed to developing impactful cancer therapies to improve long-term survival of cancer patients worldwide. Building a pipeline of First and Best-in-Class clinical stage drug candidates through licensing and partnering, Oncologie is leveraging the recent regulatory changes in China to conduct parallel clinical development in China and the US to bring the next wave of Immuno-Oncology products to the two most important markets simultaneously.

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Oncologie is developing multiple global programs currently in Phase 2 and Phase 3 whose mechanisms are designed to combine with immune checkpoint inhibitors to improve survival benefits. The management team of Oncologie includes industry veterans from biotech and pharma with proven track records in developing innovative cancer drugs in both China and the US.

Founder, President, and CEO, Dr. Laura Benjamin said, "Oncologie has built an all-star team of creative drug developers committed to revealing the full potential of our exciting pipeline that is positioned to maximize the benefits cancer immune therapy can bring. Oncologie has created a global leading clinical pipeline since its inception earlier of this year. We look forward to working together with our partners to bring safe and effective cancer therapies to the market."

"Oncologie is leveraging the opportunity to run clinical trials in both the US and China to develop drugs for the global market," said Jimmy Wei, PhD, managing partner of the Pivotal bioVenture Partners China Fund. "We think these coordinated efforts will shorten the time between launching innovative drugs in the US and China. Since there are too many undifferentiated PD-1/PD-L1 programs in China with very few combination trials ongoing, Oncologie has positioned itself as the leader in immune combination therapies."

"We are very glad to have the opportunity to work with Dr. Benjamin to build this company," said Peter Bisgaard, managing director of Nan Fung Life Sciences. "Laura brings with her 20 years of experience as a researcher at Harvard Medical School as well as an executive in the industry, and she has built an outstanding team of experts."

Oncologie raised 16.5M USD in a seed round recently. The round was led by Pivotal bioVenture Partners China Fund and joined by Nan Fung Life Sciences, China Merchant Bank Investments and Volcanics Ventures.

Luye expanding I-O deal with U.S. firm Elpis to focus on CAR T therapies

On June 7, 2018 China’s Luye Pharma Group Ltd. reported that it has partnered up with U.S. biotech firm Elpis Biopharmaceuticals Corp. to work on dual target based therapies for cancer patients who fail to respond to current treatment (Press release, Luye Pharma, JUN 7, 2018, View Source [SID1234576655]). As a continuing effort of the collaboration initiated last year, the two companies signed a license agreement recently to jointly develop chimeric antigen receptor T-cell (CAR T) therapies and biologic drug candidates in immuno-oncology. "This is a global collaboration. Luye will be in charge of the development and commercialization of the co-developed products in China and will have the exclusive rights in the Chinese market," Sammy Jiang, vice president of strategy and business development at Luye, told BioWorld.

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"Elpis will be responsible for the same in the overseas market and have the exclusive rights in those markets," Jiang added. "With that said, we are still entitled to share the profits of our co-developed products in the overseas markets."

Luye and Elpis plan to build a long-term strategic partnership, working to discover and develop drug candidates, such as antibodies and CAR T therapies through the technologies developed by Elpis.

The great potential in Elpis’ in-house technology is one of the reasons Luye decided to collaborate with the Boston-based biotech firm. "Elpis’ founder has many years of experience in developing immuno-oncology drugs and CAR T therapies," Kehao Zhao, senior director of discovery biology at Luye Boston R&D, told BioWorld.

"Elpis developed a unique discovery platform to rapidly screen and develop fully human therapeutics antibodies. Their immuno-oncology expertise, particularly in CAR T therapeutics and antibody discovery technology, led to this collaboration in developing novel immuno-oncology drug candidates," Zhao added.

Their collaboration has already generated a compound that is at the IND-enabling preclinical study stage.

"The first CAR T therapy we co-developed with Elpis is dual target, which is technically more challenging to develop and can apply to broader disease areas compared with the single target CARTs. It holds more potential than the existing single target ones," said Zhao.

To treat cancer, activation of T cells through tumor-specific targeting has proved to be a powerful therapy, but still, more than half of the cancer patients fail to react to immune checkpoint inhibitors. Although currently approved CAR T targeting to single-target tumor-specific antigen has high response rate in hematological cancer treatment, many patients do not respond well or develop acquired resistance. The two companies hope to increase the effective response rate and overcome the resistance in treating cancer patients. "Besides the dual target CAR T therapies, under this partnership, we are also co-developing innovative next generation therapeutic antibodies to treat hematopoietic malignancies and solid tumors," said Zhao. "The project is currently in proof-of-concept stage. We hope to complete the animal trials by the end of this year. Then we can move it forward next year."

Growing U.S. presence

Joining the Boston team last year, Zhao carries the mission of introducing the latest technology and breakthroughs in the Boston area to Luye for its R&D of innovative drugs.

"While forming our own local R&D team in Boston, we are also seeking partners that possess advanced technologies," said Zhao. "We hope to develop innovative drugs on our own and through partnerships and internal efforts. Therefore, we can enhance our R&D capabilities for biologics and expand our development, striving for more presence in the global markets."

Luye is quickly advancing its biologics development. The company has launched five oncology products, including Tiandida (amifostine for injection) for advanced ovarian cancer or non-small-cell lung cancer, Tiandixin (lentinan for injection) for malignant tumors, Yitaida (arsenious acid and sodium chloride injection) for acute promyelocytic leukemia and primary advanced liver cancer, CMNa (sodium glycididazole for injection) for tumor radiotherapy, and Lipusu (paclitaxel liposome for injection) for ovarian cancer and metastatic ovarian cancer.

"We set our eye on biologics three years ago. Although there are a few chemical compounds in our pipeline, we plan to develop more biologics," said Jiang. "We don’t just focus on CAR T therapies, but the whole immuno-oncology area, so we think a lot about small-molecule drugs and antibodies as well." "We are also exploring the possibility of striking similar deals with other European companies that develop CAR T therapies," she added.

But before expanding into Europe, Luye has been enhancing its presence in the U.S. "We set up an office in New Jersey five years ago, which is responsible for clinical trials and new drug registrations," said Jiang. "Currently, we have four drug candidates in the U.S. that are undergoing clinical trials."

Luye has R&D centers in China, the U.S. and the EU and has five R&D platforms for long-acting and extended-release technology, liposome and targeted drug delivery, transdermal drug delivery system, new compounds and biological antibody technology.

"We actively expand our partnerships worldwide," said Jiang. "Our products are commercialized in more than 80 countries, either promoted by Luye’s in-house team or by our partners in the local markets."

Iovance Biotherapeutics Announces First Patient Dosed in Europe for Ongoing C-144-01 Phase 2 Trials in Metastatic Melanoma

On June 7, 2018 Iovance Biotherapeutics, Inc. (NASDAQ:IOVA), a biotechnology company developing novel cancer immunotherapies based on tumor infiltrating lymphocyte (TIL) technology, reported that the first patient was dosed in the ongoing C-144-01 Phase 2 trial of LN-144 (lifileucel) for the treatment of patients with metastatic melanoma at a clinical trial site in the United Kingdom (Press release, Iovance Biotherapeutics, JUN 7, 2018, View Source;p=RssLanding&cat=news&id=2353696 [SID1234527218]).

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"The dosing of the first patient with lifileucel in Europe for the treatment of metastatic melanoma marks an important milestone for Iovance and our global development plans as our European Union (EU) manufacturing is now able to support enrollment in that region," said Dr. Maria Fardis, PhD, MBA, president and chief executive officer of Iovance Biotherapeutics. "This is a major step forward and we are excited by the opportunity to offer more patients TIL therapy around the world."

In December 2017, the company announced that the Generation 2 manufacturing process, with a duration of 22 days, was selected and all studies were shifted to utilize that method of manufacturing. The company has manufacturing capability in both the US and EU. This is the first patient treated with TIL developed in an EU-based manufacturing facility.

C-144-01 is a Phase 2 multicenter study evaluating the safety and efficacy of autologous tumor infiltrating lymphocytes (lifileucel), Iovance’s lead product candidate for treatment of patients with metastatic melanoma. The study is currently enrolling in the United States and Europe. To date, Iovance has over 25 active clinical sites in the United States and Europe. The sample size for enrollment was increased to 85 for this study. Additional information on this study is available at www.clinicaltrials.gov using the identifier number NCT02360579.

Iovance Biotherapeutics, Inc., Corporate Presentation – June 2018.

On June 7, 2018 Iovance Biotherapeutics, Inc. (the "Company") presented the presentations at healthcare conferences (Press release, Iovance Biotherapeutics, JUN 7, 2018, View Source [SID1234527233]).

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