Dong-A ST and Beactica Therapeutics mutually agree to conclude oncology collaboration

On September 6, 2022 Dong-A ST Co., Ltd. (170900: Korea SE), a Korean pharmaceutical company, and Beactica Therapeutics AB, a Swedish precision oncology company, reported that they have mutually agreed to terminate their collaboration and licensing agreement (Press release, Dong-A ST, SEP 6, 2022, View Source [SID1234619115]). The collaboration focused on developing novel candidate compounds against multiple cancer targets of mutual interest. The partnership has been productive, and multiple compound classes are now in various stages of lead generation and optimization.

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As part of the termination, both Dong-A ST and Beactica Therapeutics will gain exclusive global rights for further development and commercialization for different compounds series developed during the collaboration. No obligations to pay milestone payments or royalties will remain for the assets divided between Dong-A and Beactica. For a limited time, each company is entitled to a revenue share from any related future outlicensing activities by the other party. Full financial details remain undisclosed.

"We appreciate the opportunity we have had to collaborate with Beactica Therapeutics over the past five years. Our combined efforts have led to important breakthroughs," said Dr Jae-Hong Park, President and CSO of Dong-A ST. "We will continue to share with Beactica the ambition to make a clinical impact where it is urgently needed."

"We have valued the partnership with Dong-A and are pleased by what we have achieved together. Gaining exclusive global rights to certain compounds is perfectly aligned with Beactica’s ambition to itself become a clinical-stage precision oncology company," said Dr Per Källblad, CEO of Beactica Therapeutics. "We are excited to now add these assets to our pipeline as wholly-owned programmes."

The collaboration between Dong-A ST and Beactica Therapeutics was initiated in October 2016 and expanded in December 2018. In December 2019, a key milestone was achieved.

Sysmex Applies for a Partial Change for the OncoGuide™ NCC Oncopanel System as a Companion Diagnostic for the Treatment of Advanced Biliary Tract Cancer

On September 6, 2022 Sysmex Corporation (HQ: Kobe, Chairman and CEO: Hisashi Ietsugu) reported that applied on September 2, 2022 for a partial change of the manufacturing and marketing approval for the OncoGuide NCC Oncopanel System, a gene mutation analysis set (the "System") to include its use as a companion diagnostic for patients with advanced biliary tract cancer harboring FGFR2 gene1 rearrangements, including gene fusions (Press release, Sysmex, SEP 6, 2022, View Source [SID1234619009]).

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Biliary tract cancer2 is known to develop in approximately 26,000 patients annually in Japan,3 with a 5-year relative survival rate4 of less than 30%,5 and has the second poorest prognosis of any cancer after pancreatic cancer. At present, this disease has few treatment options, and no standard treatment has been sufficiently established for locally advanced or metastatic biliary tract cancer which progresses after first-line treatment. Development is actively underway in pursuit of molecular-targeted therapeutic agents that target specific genetic abnormalities such as FGFR2 gene rearrangements, which are believed to be closely related to cancer cell survival and proliferation.

In 2018, Sysmex became the first company in Japan to receive manufacturing and marketing approval for such a system for use in cancer genome profiling.6 The company has since contributed to the promotion of cancer genomic medicine by promptly delivering the System to various medical institutions. Sysmex has also been working on the development of a companion diagnostic device aimed at commercialization, jointly with Taiho Pharmaceutical Co., Ltd. (HQ: Chiyoda-ku, Tokyo; President and Representative Director: Masayuki Kobayashi), which is developing futibatinib7 (generic name), an FGFR inhibitor for the treatment of locally advanced or metastatic biliary tract cancer harboring FGFR2 gene rearrangements, including gene fusions, in Japan.

Sysmex has recently applied for a partial change of the System’s approval in Japan to include its use as a companion diagnostic for patients with biliary tract cancer, to determine indications of futibatinib. Taiho Pharmaceutical applied on July 28, 2022, for manufacturing and marketing approval for futibatinib for the treatment of previously treated locally advanced or metastatic biliary tract cancer harboring FGFR2 gene rearrangements, including gene fusions. If, through these initiatives, the System can be used to determine indications for the use of futibatinib in the future, it will provide another treatment option to patients with locally advanced or metastatic biliary tract cancer.

Sysmex will continue to work on the early commercialization of high-value testing and diagnostic technologies that will lead to offering optimal treatment for each patient, while also contributing to the development and evolution of personalized medicine.

FGFR2 gene:
Four types of fibroblast growth factor receptors (FGFRs), FGFR1-4, have been identified. These are proteins involved in cell growth and proliferation. When FGFR genes with abnormalities including fusion, mutation, and amplification are activated, they are thought to lead to cancer cell proliferation, survival, migration, tumor angiogenesis, drug resistance, etc.
In a study in Japan of patients with unresectable bile duct cancer, the positivity rate of FGFR2 gene rearrangement was reported to be 7.4% for intrahepatic cholangiocarcinoma and 3.6% for extrahepatic cholangiocarcinoma (hilar region). (Source: Maruki Y, et al., "Molecular detection and clinicopathological characteristics of advanced/recurrent biliary tract carcinomas harboring the FGFR2 rearrangements: a prospective observational study" (PRELUDE Study), J Gastorenterol. 2021 Mar; 56 (3): 250-260)

Biliary tract cancer:
A generic term for cancers that develop in the biliary tract, which are classified into bile duct cancer (including intrahepatic cholangiocarcinoma, which occurs in the bile ducts within the liver), gallbladder cancer, or papillary carcinoma, depending on their primary sites.

Calculated based on the Cancer Information Service, National Cancer Center, Japan, Cancer Statistics (National Cancer Registry), National Cancer Incidence Data (2016-2018), and the Annual Report of Hospital-Based Cancer Registries, 2020 Nation-wide Aggregate Results (Tumor information).

5-year relative survival rate:
An index that indicates how much lower the percentage of individuals diagnosed with a certain type of cancer who are alive after five years is than the percentage of the entire Japanese population who are alive after five years.

Five-year relative survival rates in the 2013-2014 diagnosis are 20.6% for intrahepatic cholangiocarcinoma and 29.4% for gallbladder cancer, according to the Cancer Information Service, National Cancer Center, Japan, "Annual Survival Report of Hospital-Based Cancer Registries".

Cancer genome profiling:
A test designed to obtain a comprehensive cancer genome profile in tumor tissues for analysis of solid tumors, including advanced biliary tract cancer. Analyzing abnormalities in cancer-specific genes provides useful information for determining treatment methods, including diagnosis and selection of potentially effective anti-cancer drugs.

Futibatinib (development code: TAS-120):
A novel oral anticancer drug currently under development by Taiho Pharmaceutical for the treatment of patients with advanced solid tumors with FGFR1-4 genetic aberrations, including biliary tract cancer, who were previously treated with chemotherapy or other therapies. In May 2018, futibatinib was granted orphan drug status for the treatment of cholangiocarcinoma, and also received Breakthrough Designation for the treatment of patients with previously treated locally advanced or metastatic cholangiocarcinoma harboring FGFR2 gene rearrangements, including gene fusions in April 2021 from the US FDA. In March 2022, the FDA accepted the New Drug Application (NDA) for futibatinib for priority review.

Oncorus to Present at the H.C. Wainwright 24th Annual Global Investment Conference

On September 6, 2022 Oncorus, Inc. (Nasdaq: ONCR), a viral immunotherapies company focused on driving innovation to transform outcomes for cancer patients, reported that President and Chief Executive Officer, Theodore (Ted) Ashburn, M.D., Ph.D., will participate in a fireside chat at the H.C. Wainwright 24th Annual Global Investment Conference on Monday, September 12, 2022 at 9:00 a.m. ET in New York, NY (Press release, Oncorus, SEP 6, 2022, View Source [SID1234619025]).

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A live webcast of the fireside chat can be accessed by visiting the Investors & Media section of Oncorus’ website at View Source A replay of the webcast will be archived on Oncorus’ website for 90 days following the event.

Neurocrine Biosciences to Present at the Morgan Stanley 20th Annual Global Healthcare Conference

On September 6, 2022 Neurocrine Biosciences, Inc. (Nasdaq: NBIX) reported that it will present at the Morgan Stanley 20th Annual Global Healthcare Conference at 10:35 a.m. Eastern Time on Tuesday, September 13, 2022 in New York (Press release, Neurocrine Biosciences, SEP 6, 2022, View Source [SID1234619045]). Kevin Gorman, Chief Executive Officer, and Matt Abernethy, Chief Financial Officer, will present at the conference.

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The live presentation will be webcast and may be accessed on the Company’s website under Investors at www.neurocrine.com. A replay of the presentation will be available on the website approximately one hour after the conclusion of the event and will be archived for approximately one month.

IGM Biosciences to Present at Three Upcoming Investor Conferences

On September 6, 2022 IGM Biosciences, Inc. (Nasdaq: IGMS), a clinical-stage biotechnology company focused on creating and developing IgM antibodies, reported that Fred Schwarzer, Chief Executive Officer, will participate in three upcoming investor conferences in New York (Press release, IGM Biosciences, SEP 6, 2022, View Source [SID1234619063]):

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Fireside chat at the Morgan Stanley 20th Annual Global Healthcare Conference on Monday, September 12 at 1:40 p.m. EST
Fireside chat at the Baird 2022 Global Healthcare Conference on Tuesday, September 13 at 3:45 p.m. EST
H.C. Wainwright 24th Annual Global Investment Conference on Wednesday, September 14 at 3:30 p.m. EST
A live webcast of the events will be available on the "Events and Presentations" page in the "Investors" section of the Company’s website at View Source A replay of the webcasts will be archived on the Company’s website for 90 days following the presentations.