Sumitomo Pharma Oncology Receives Orphan Drug Designation for TP-3654, an Investigational Oral Inhibitor of PIM Kinases for the Treatment of Myelofibrosis

On June 8, 2022 Sumitomo Pharma Oncology, Inc., a clinical-stage company focused on novel cancer therapeutics, reported the U.S. Food and Drug Administration (FDA) granted Orphan Drug Designation for TP-3654, the company’s proprietary investigational oral inhibitor of PIM kinases, for the treatment of myelofibrosis (Press release, Sumitomo Pharmaceuticals, JUN 8, 2022, View Source [SID1234615791]).

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"This designation is an important milestone in the development of TP-3654 and highlights the need for potential new treatment options for patients with myelofibrosis," said Patricia S. Andrews, CEO and Global Head of Oncology, Sumitomo Pharma Oncology, Inc. "This rare hematologic cancer can also progress and worsen. We are excited about collaborating with investigators to advance this clinical-stage asset with the goal of improving patient outcomes."

The FDA’s Orphan Drug Designation is granted to investigational therapies addressing rare medical diseases or conditions that affect fewer than 200,000 people in the United States. Myelofibrosis is a rare type of bone marrow cancer which disrupts an individual’s normal production of blood cells.1 Myelofibrosis has approximately 1.5 reported cases per 100,000 people each year in the United States.2

"TP-3654 is an investigational oral inhibitor of PIM kinases. PIM kinases have potential antitumor and anti-fibrotic effects through multiple pathways, including induction of apoptosis.3,4 Notably, PIM kinase expression correlates with increased cell survival and reduced apoptosis in tumors, supporting the potential of PIM kinases as novel therapeutic targets,"3 explained Jatin J. Shah, M.D, Chief Medical Officer of Sumitomo Pharma Oncology, Inc. "PIM-1 expression is significantly elevated in myelofibrosis hematopoietic cells and therefore a potential therapeutic target for myelofibrosis."4

TP-3654 is currently being evaluated in a Phase 1/2, multicenter, dose-escalation, open-label trial to assess safety, tolerability, pharmacokinetics, and pharmacodynamics in patients with intermediate or high-risk primary or secondary myelofibrosis. It is being conducted in the United States and Japan. To learn more about the study and eligibility for enrollment visit clinicaltrials.gov (NCT04176198).

About TP-3654
TP-3654 is an oral investigational inhibitor of PIM kinases, which has potential antitumor and anti-fibrotic effects through multiple pathways, including induction of apoptosis.3,4 TP-3654 inhibited proliferation and increased apoptosis in murine and human hematopoietic cells expressing clinically relevant JAK2V617F mutation.4 TP-3654 alone and in combination with ruxolitinib normalized WBC and neutrophil counts, and reduced spleen size and bone marrow fibrosis in JAK2V617F and MPLW515L murine models of myelofibrosis.4 TP-3654 is currently being evaluated in two clinical trials; A Phase 1 study to treat TP-3654 in patients with advanced solid tumors (NCT03715504); A Phase 1/2 study of oral TP-3654 in patients with intermediate and high-risk myelofibrosis (NCT04176198).

Genmab to Participate in a Fireside Chat at the Goldman Sachs 43rd Annual Global Healthcare Conference

On June 8, 2022 Genmab A/S (Nasdaq: GMAB) reported that its Chief Financial Officer Anthony Pagano and Chief Development Officer Judith Klimovsky will participate in a fireside chat at the Goldman Sachs 43rd Annual Global Healthcare Conference in Rancho Palos Verdes, California 1:20 PM PDT on June 15, 2022 (4.20 PM EDT / 10.20 PM CEST) (Press release, Genmab, JUN 8, 2022, View Source [SID1234615760]). A webcast of the fireside chat will be available on Genmab’s website at View Source

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Syros to Present at JMP Securities Life Sciences Conference

On June 8, 2022 Syros Pharmaceuticals (NASDAQ:SYRS), a leader in the development of medicines that control the expression of genes, reported that its Chief Executive Officer, Nancy Simonian, M.D., will participate in a fireside chat at the JMP Securities Life Sciences Conference (Press release, Syros Pharmaceuticals, JUN 8, 2022, View Source [SID1234615776]). Management will also be available for one-on-one meetings. Details are as follows:

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JMP Securities Life Sciences Conference
Date: Wednesday, June 15
Time: 9:30 a.m. ET
Location: The Lotte New York Palace, 455 Madison Avenue, New York, NY

A live webcast of the fireside chat will be available on the Investors & Media section of the Syros website at www.syros.com. An archived replay of the webcast will be available for approximately 30 days following the presentation.

Harbour BioMed Announces IND Approval for B7H4x4-1BB Bispecific Antibody

On June 8, 2022 Harbour BioMed ("HBM", HKEX: 02142) reported that China National Medical Products Administration (NMPA) had approved the investigational new drug (IND) application to commence phase I trial of its B7H4x4-1BB bispecific antibody (HBM7008) in China (Press release, Harbour BioMed, JUN 8, 2022, View Source [SID1234615792]). This study will evaluate the safety, tolerability, pharmacokinetics, pharmacodynamics, and preliminary anti-tumor activity of HBM7008 in patients with solid tumors. It has successfully completed the dosing of first patient in the phase I trial of HBM7008 in Australia on 25 May 2022.

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HBM7008 is generated from HBM’s unique and innovative HBICE platform. It is a first-in-class bispecific antibody targeting B7H4 and 4-1BB. The bispecific antibody can engage and activate T cells by 4-1BB only in B7H4 positive tumor microenvironment. B7H4 is overexpressed on a variety of solid malignancies, including breast, ovarian, endometrial, and non-small cell lung cancers. With its crosslinking-dependent specificity on tumors and potent immune modulation activity, HBM7008 has shown excellent safety profile with strong anti-tumor efficacy in the pre-clinical study, including completed response observed in the mouse tumor model.

"4-1BB is one of the most promising anti-tumor immune targets, providing new solutions for cancer treatment. As the first-in-class bispecific antibody targeting B7H4 and 4-1BB, HBM7008 is expected to lead the development of next-generation immunotherapeutics. Based on preclinical study data, we are highly confident in B7H4x4-1BB bispecific antibody. We will efficiently promote this clinical study to provide a novel, effective and safe treatment for patients, so that more cancer patients can benefit from the innovative therapeutic." said Dr. Humphrey Gardner, CMO of Harbour BioMed.

About HBM7008

HBM7008 is a bispecific antibody targeting Tumor-Associated Antigen B7H4x4-1BB that not only displays high potency in the T cell co-stimulation and tumor growth inhibition, and potentially may also translate to better safety due to its strict dependency of TAA-mediated crosslinking T cell activation. HBM7008 is one of the fully human bispecific antibodies developed from the HBICE platform of the Company. It is the only bispecific antibody against these two targets globally. Its unique specificity on tumors and immune modulation activity makes it a promising therapeutic in PD-L1 negative or PD-1/PD-L1 resistant patients. It also has the potential to avoid 4-1BB liver toxicity risk observed in other products with the benefit of its innovative biology mechanisms and bispecific design.

Evgen Pharma talks through clinical milestones and financial results from its 2022 full-year report

On June 8, 2022 Evgen Pharma plc (AIM: EVG), the clinical stage drug development company developing sulforaphane-based medicines for the treatment of multiple diseases, reported its audited results for the year ended 31 March 2022 (Press release, Evgen, JUN 8, 2022, View Source;newsid=1592002 [SID1234616036]).

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Operational highlights

· In vitro pre-clinical work supports SFX-01 use in metastatic breast cancer patients who have become resistant to the widely used class of CDK4/6 inhibitor drugs

· Malignant glioma Orphan Drug Designation for SFX-01 granted by FDA

· Publication of positive preclinical in vitro and in vivo data in glioblastoma from two independent groups of collaborators, in Italy and New Zealand

· Encouraging early in vitro data for SFX-01 in Juvenile Myelomonocytic Leukaemia ("JMML") at the MRC Weatherall Institute, University of Oxford

· Scale-up of the active ingredient in SFX-01 to commercial scale achieved with a number of process improvements

· JuvLife partnership around the application of the Sulforadex technology continues to progress well; US market launch of a JuvLife nutritional health product is anticipated around end- 2023

· New formulation of SFX-01 generated in tablet form enabling scale-up to supply late-stage clinical trials and commercial use

· r Helen Kuhlman and Dr Glen Clack appointed as Chief Business Officer and Chief Medical Officer respectively, completing the senior management team

· utlook:

o Intention to start healthy volunteer trial in Q4 2022 with new SFX-01 formulation

o Final preclinical work in GBM completed and now in late-stage preparation for a Phase Ib/IIa trial due to start in Q4 2022

o New academic collaborations with La Sapienza University, Rome in SFX-01 radiosensitisation and Michigan University in colon cancer

Financial highlights

· Financial performance in-line with expectations:

o Cash and short-term deposits at 31 March 2022 of £9.0m (31 March 2021: £11.6m); Group funded to Q4/2023

o Post-tax loss of £2.7m (2021: loss of £2.7m)

o Cash outflow from operations of £2.6m (2021 outflow of £2.9m)

Dr Huw Jones, CEO of Evgen Pharma, said:

"Our focus during the year has been on achieving the objectives set at our 2021 fundraise, particularly around manufacturing, formulation and clinical trials preparation. With this groundwork now complete, we are pleased to have achieved very visible progress in each of our development programmes and we are anticipating another busy year which will include clinical data from both the Phase I/Ib volunteer and Phase Ib/IIa glioblastoma trials."