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.

Apogenix Granted Orphan Designation by the European Commission for
Asunercept to Treat Myelodysplastic Syndromes

On October 5, 2017 Apogenix AG, a biopharmaceutical company developing next-generation immuno-oncology therapeutics, reported that its lead product candidate, asunercept (APG101), has been granted orphan designation from the European Commission (EC) for the treatment of myelodysplastic syndromes (MDS) (Press release, Apogenix, OCT 5, 2017, View Source [SID1234524529]). MDS is a bone marrow disorder characterized by ineffective hematopoiesis (blood cell formation) and can lead to severe anemia. Patients often suffer from life-threatening infections and are at risk of developing acute myeloid leukemia.

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Orphan designation includes access to a centralized marketing authorization procedure for the European Union, ten years of protection from market competition with similar medicines in similar indications and fee reductions for consultations with the EMA. Earlier, asunercept received Orphan Drug Designation for MDS from the US Food and Drug Administration (FDA).

Dr. Harald Fricke, Chief Medical Officer of Apogenix, commented: "The vast majority of patients suffering from MDS are anemic and dependent on frequent regular blood transfusions. Asunercept prevents premature death of red blood cells in the bone marrow and thus reduces the need of blood transfusions, even making them superfluous in many patients. We are highly encouraged by the data from our clinical phase I trial with asunercept in these patients and are currently preparing to initiate a clinical phase II proof-of-concept trial to further evaluate the efficacy of asunercept in MDS."

Asunercept has been evaluated in an open label, single-arm phase I clinical trial in 20 patients with low to intermediate risk MDS, in which treatment with asunercept was well tolerated and led to a significant decrease in transfusion frequency. In addition, investigation of parameters involved in erythropoiesis delineated how asunercept stimulates the production of red blood cells in these patients.

Asunercept binds to the CD95 ligand (CD95L) and blocks the activation of the CD95 receptor. Excessive stimulation of the CD95 receptor on hematopoietic precursor cells in the bone marrow of MDS patients inhibits erythropoiesis. As a result, transfusion-dependent anemia develops, which is refractory to erythropoiesis-stimulating agents. Treatment with asunercept, which inhibits the CD95 system, addresses this major cause of the disorder.

About Myelodysplastic Syndromes (MDS)
MDS is a bone marrow disorder that is characterized by ineffective hematopoiesis and can lead to severe anemia. In most cases, the anemia is treated with blood transfusions that eventually result in an iron overload, which can damage the liver and other organs. At the same time, the number of thrombocytes that are responsible for coagulation and the number of leucocytes that are responsible for immune defense significantly decreases in patients with this disorder. As a result, MDS patients frequently suffer from sudden bleeding and life-threatening infections. In addition, they are at risk of developing acute myeloid leukemia, a type of blood cancer.

About asunercept (APG101)
Apogenix’ lead immuno-oncology candidate asunercept is a fully human fusion protein that consists of the extracellular domain of the CD95-receptor and the Fc domain of an IgG1 antibody. Asunercept is being developed for the treatment of solid tumors and malignant hematological diseases. The World Health Organization (WHO) has assigned the international nonproprietary name (INN) "asunercept" for APG101.

Peter Thiel and Sean Parker are financing a secretive cancer-fighting start-up, source says

A stealth start-up called 3T Biosciences has raised more than $12 million in a massive seed round led by early Facebook investor Sean Parker and including Peter Thiel, according to a person familiar with the company’s financing (External Source, 3T Biosciences, OCT 4, 2017, View Source [SID1234525823]).

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Little is known about 3T Biosciences, but this person said the company is led by cancer biology PhD student and investor, Asset Management Ventures’ principal Luke Lee, as well as a group of academics from Christopher Garcia’s biology lab at Stanford.

3T Biosciences is in the T-cell therapy space, the person said, meaning that it is among a growing group of new start-ups working to bolster the body’s own immune system to fight cancer. That’s a different approach than traditional medicines like chemotherapy, which kill off both cancerous and healthy cells.

Sean Parker speaking at the 2015 CGI Annual Meeting in New York.
Adam Jeffery | CNBC
Sean Parker speaking at the 2015 CGI Annual Meeting in New York.
These approaches have not proved successful for all cancer patients and are still early. Juno Therapeutics, a Seattle-based company in the space, needed to halt development for its drug therapy after three patient deaths.

Still, Silicon Valley’s venture investors see an opportunity to make a return with Gilead Sciences’ recently acquiring cancer immunotherapy company Kite Pharma for $11.9 billion. That follows Abbvie’s $10.2 billion acquisition of Founders Fund-backed cancer drug start-up Stemcentrx in 2016.

These venture firms also see potential to combine traditional drug therapeutics with new technologies like machine learning in the hopes of accelerating the timeline and reducing the cost of bringing a new drug to market.

The round was led by Parker through his venture fund, the person said, with participation from Thiel Capital and several other firms.