Results of Single Center Study on Delcath’s CHEMOSAT® Hepatic Delivery System Published in Melanoma Research

On February 3, 2022 Delcath Systems, Inc. (Nasdaq: DCTH), an interventional oncology company focused on the treatment of primary and metastatic cancers of the liver, reported that results from a single-institution retrospective study, conducted by University Hospital Southampton NHS Foundation Trust (UHS) in England on the use of the Delcath CHEMOSAT Hepatic Delivery System for the treatment of patients with liver dominant metastatic uveal melanoma (mUM), were published in the journal Melanoma Research (Press release, Delcath Systems, FEB 3, 2022, View Source [SID1234607690]).

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The study, Chemosaturation with percutaneous hepatic perfusion of melphalan for metastatic uveal melanoma, by Dr. Sachin Modi, et al, evaluated the safety and efficacy of the CHEMOSAT Hepatic Delivery System in 81 patients with liver dominant metastatic uveal melanoma treated with CHEMOSAT between August 2012 and September 2020. Forty-one (50.6%) patients had received other treatments, either systemic or liver-directed, before PHP treatment. The median time to treatment from diagnosis of stage IV disease was 158 days. Tumor response was evaluated following each PHP treatment using Response Evaluation Criteria in Solid Tumors (RECIST), and serious adverse events (SAEs) were evaluated using Common Terminology Criteria for Adverse Events (CTCAE).

250 PHP procedures were performed in 81 patients (median of three per patient). The analysis demonstrated a hepatic disease control rate of 88.9% (72/81), a hepatic response rate of 66.7% (54/81), and an overall response rate of 60.5% (49/81). After a median follow-up of 12.9 months, median overall progression-free survival (PFS) and median overall survival (OS) were 8.4 and 14.9 months, respectively.

Treatment-emergent adverse events of Grade 3 or 4 occurred in 23 patients (27.7%) The most common Grade 3 or 4 hematological toxicities were anemia observed in 11 patients (13.3%) and thrombocytopenia observed in 10 patients (12%). There were no fatal treatment-related adverse events.

Investigators concluded that PHP provides excellent response rates and progression free survival compared with other available treatments, with a decreasing side effect profile with experience. Combination therapy with systemic agents may be viable to further advance overall survival.

"This study adds to the growing body of published research of the efficacy of our CHEMOSAT system in the European commercial setting," said Gerard Michel, CEO of Delcath. "The improved safety profile of the Gen2 device is consistent with our recently released phase 3 FOCUS trial data as well as the progression-free-survival efficacy results."

A PDF of the open access article can be viewed in its entirety, via immediate download link, by clicking here.

Sierra Oncology to Participate in Guggenheim Oncology Conference

On February 3, 2022 Sierra Oncology, Inc. (NASDAQ: SRRA), a late-stage biopharmaceutical company dedicated to delivering targeted therapies for rare cancers, reported the company will participate in the 4th Annual Guggenheim Oncology Conference being held virtually from February 9 – 11, 2022 (Press release, Sierra Oncology, FEB 3, 2022, View Source [SID1234607710]). President and Chief Executive Officer Stephen Dilly, MBBS, PhD, will participate in an analyst-moderated fireside chat on Thursday, February 10, 2022, at 12:00 pm ET.

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A replay of the presentation will be available following the conference on the Investors section of Sierra’s corporate website in the Events & Webcast tab. The replay will be available for approximately 30 days following the presentation.

• Nanoligent raises €1M in Series Seed financing

On February 3, 2022 Nanoligent SL, a biotech company specialized in the development of nanotechnology-based cancer treatments, reported the completion of the first closing of a Seed financing round of €1M (Press release, Nanoligent, FEB 3, 2022, http://www.nanoligent.com/index.php/2022/02/03/nanoligent-raises-1m/ [SID1234607728]). The round has been led by members of Italian Angels for Growth, the largest network of business angels in Italy, through the investment vehicle Nanolinvest, and AVANTECA Partners, a Swiss privately held asset management firm, both specialized in supporting innovative early-stage life-science companies primarily in Europe. An equity campaign, is still ongoing on Doorway, an online investment platform, thus promising to provide additional funding for the company.

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Nanoligent, a spin-off from the Universidad Autónoma de Barcelona and Research Institute of the Hospital de Sant Pau – IIB Sant Pau, is focused on the development of new drugs for the treatment of more than 20 different metastatic cancer types. The lead molecule is based on the targeted elimination of cancer cells overexpressing the CXCR4 receptor, a recognized biomarker for poor prognosis and therapy resistance. Nanoligent is developing a new proprietary nano-technological platform, with the potential to overcome current limitations of Antibody-Drug-Conjugates. The CXCR4 is overexpressed in a significant number of patients of more than 20 different tumors.

The financing will allow Nanoligent to complete the pre-clinical development in a variety of tumor types and to move its lead candidate into pre-IND stage.

The investor syndicate will join the Nanoligent’s Board which will consist of: Michele Marzola (IAG), Michael Milos (Avanteca Partners), Manuel Rodríguez (Chairman) and Montserrat Cano (CEO).

"We started the evaluation of a possible investment in Nanoligent one year ago and since then we have received enthusiastic responses from Key Opinion Leaders and Industry Experts. It has been a real pleasure working with the team at Nanoligent; we are impressed by their scientific depth and professional responses. We are continuing our fundraise for this deal together with Doorway, a fintech investing platform", said Michele Marzola who together with Alessandro Toniolo are co-champions from IAG in this investment.

"We are fascinated by the technological capabilities of the platform and the professionalism of the team. The whole process was an intense, productive and very professional exchange. We are looking forward to partner with the management of Nanoligent to develop this highly innovative platform, which has the potential to transform cancer therapy" said Michael Milos from AVANTECA Partners.

"It is our great pleasure to welcome Michele Marzola and Michael Milos, whose expertise and experience will be a valuable addition to the company to accomplish its ambitious development plans over the next 18 months" said Montserrat Cano, CEO of Nanoligent.

Doorway, at its turn, is very happy to continue fundraising with its qualified community for such an innovative technology that can achieve a significant impact in the treatment of many cancers, being Nanoligent a perfect example of Doorway’s vision of "business with an impact".‎

Roche reports good results in 2021

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Akoya Biosciences to Present at the BTIG MedTech, Digital Health, Life Science & Diagnostic Tools Conference

On February 3, 2022 Akoya Biosciences, Inc. (Nasdaq: AKYA) ("Akoya"), The Spatial Biology Company, reported that it will be virtually participating in the BTIG MedTech, Digital Health, Life Science & Diagnostic Tools Conference (Press release, Akoya Biosciences, FEB 3, 2022, View Source [SID1234607676]).

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Brian McKelligon, CEO, and Joe Driscoll, CFO, are scheduled to present on Tuesday, February 15th, 2022 at 1 p.m. ET.

BTIG hosted events are intended for prospective and existing BTIG clients only. To listen to the live event, please contact your BTIG representative with interest.