BWXT Medical Executes Commercial Agreement with Bayer for Supply of Actinium-225 Based Products

On June 27, 2022 BWX Technologies, Inc. (NYSE: BWXT) reported that subsidiary BWXT Medical Ltd. has executed a commercial agreement with Bayer AG (Bayer) to supply high-purity Actinium-225 (Ac-225) (Press release, Bayer, JUN 27, 2022, View Source [SID1234616297]).

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Today’s announcement follows the agreement reached by the two companies in September 2021. Under the terms of the commercial agreement, Bayer will purchase high-purity Ac-225 from BWXT Medical at pre-determined prices. The parties expect supply to commence later this year.

Ac-225 is a highly powerful radioisotope used in targeted alpha therapies (TATs). This emerging field combines Ac-225 with specific tumor-seeking targeting moieties, which deliver alpha radiation directly to tumors.

BWXT Medical is a global supplier of medical isotopes and radiopharmaceuticals. Bayer is a global enterprise with core competencies in the life science fields of healthcare and nutrition.

"We are very pleased to enter into this agreement with Bayer, one of the global leaders in the rapidly emerging field of targeted radionuclide therapies," said Martyn Coombs, president of BWXT Medical. "Targeted radionuclide therapies are developed to improve outcomes for patients with different types of cancers. We will leverage our nuclear medicine strengths to collaborate with Bayer over the long term."

Corporate Presentation

On June 27, 2022 Aptose Biosciences Presented the Corporate Presentation (Presentation, Aptose Biosciences, JUN 27, 2022, View Source [SID1234616264]).

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Philogen to attend the 13th World ADC San Diego 2022, San Diego, USA (6-9 September 2022)

On June 27, 2022 Philogen reported that it will attend the 13th World ADC in San Diego (USA) in September 2022 (Presentation, Philogen, JUN 27, 2022, View Source [SID1234616282]).

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Samuele Cazzamalli, Head of Small Molecules Therapeutics at Philogen, will give a lecture in person entitled "Pan-Tumoral Small Molecule-Drug Conjugates Targeting Fibroblasts Activation Protein in Solid Lesions" on the 7th of September.

Kovina Therapeutics Receives National Cancer Institute Grant to Advance Human Papillomavirus Cancer Treatment

On June 27, 2022 Kovina Therapeutics Inc. reported receipt of a Fast-Track Small Business Technology Transfer (STTR) grant from the National Cancer Institute/NIH (Press release, Kovina Therapeutics, JUN 27, 2022, View Source [SID1234616298]). With successful achievement of its milestones, the award will transition to a Small Business Innovation Research (SBIR) award and will provide approximately $2,400,000 over three years.

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"We are excited to receive NCI funding to support Kovina’s development of therapeutic treatments for Human Papillomavirus (HPV) related cancers," said Kristin Sherman, CEO of Kovina Therapeutics. "HPV causes nearly all cervical and many oropharyngeal, anal, and genital cancers. Kovina is focused on developing expanded treatment options for patients afflicted with these malignancies."

"We are pleased Kovina’s research proposal successfully competed in NCI’s rigorous merit-based review process," said Dr. Elliot Androphy, CSO of Kovina Therapeutics. Kovina’s technology specifically targets a key HPV protein expressed in early, pre-malignant and cancerous pathologies. By inactivating this protein, Kovina’s compounds result in the selective death of HPV infected cells. "Our therapeutics are designed to stop HPV infections before cancer develops and to treat HPV related cancers after detection."

HUTCHMED to Announce 2022 Half-Year Financial Results

On June 27, 2022 HUTCHMED (China) Limited ("HUTCHMED") (Nasdaq/AIM: HCM; SEHK:13) reportec that it will be announcing its interim results for the six months ended June 30, 2022 on Monday, August 1, 2022 at 7:00 am Eastern Daylight Time (EDT) / 12:00 noon British Summer Time (BST) / 7:00 pm Hong Kong Time (HKT) (Press release, Hutchison China MediTech, JUN 27, 2022, View Source [SID1234616265]).

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Analysts and investors are invited to join a conference call and audio webcast presentation with Q&A, conducted by HUTCHMED management.

The conference call and audio webcast will take place at 8:00 am EDT / 1:00 pm BST / 8:00 pm HKT on Monday, August 1, 2022 and will be webcast live via the company website at www.hutch-med.com/event/. The presentation will be available for downloading before the conference call begins. Details of the conference call dial-in will be provided in the financial results announcement and on the company website. A replay will also be available on the website shortly after the event.