PTC Therapeutics to Host Conference Call to Discuss First Quarter 2022 Financial Results

On April 19, 2022 PTC Therapeutics, Inc. (NASDAQ: PTCT) reported that the company will host a webcast conference call to report its first quarter 2022 financial results and provide an update on the company’s business and outlook on Tuesday, May 3, at 4:30 p.m. ET (Press release, PTC Therapeutics, APR 19, 2022, https://ir.ptcbio.com/news-releases/news-release-details/ptc-therapeutics-host-conference-call-discuss-first-quarter-2022 [SID1234612494]).

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The call can be accessed by dialing (877) 303-9216 (in the United States) or (973) 935-8152 (outside of the United States) five minutes prior to the start of the call and providing the passcode 9963177. A live, listen-only webcast of the conference call can be accessed on the investor section of the PTC website at View Source A replay of the call will be available approximately two hours after completion of the call and will be archived on the company’s website for 30 days following the call.

RenovoRx Sponsors Pancreatic Cancer Action Network’s PurpleStride Event to End Pancreatic Cancer

On April 19, 2022 RenovoRx, Inc. ("RenovoRx" or the "Company") (Nasdaq: RNXT), a biopharmaceutical company and innovator in targeted cancer therapy, reported it will join the Pancreatic Cancer Action Network (PanCAN) as a Silver Sponsor of the organization’s PurpleStride Silicon Valley event to end pancreatic cancer (Press release, Renovorx, APR 19, 2022, View Source [SID1234612511]).

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In order to help improve patient outcomes, RenovoRx employees and their families have united to create Team RenovoRx with a goal to support PanCAN’s urgent mission to save lives. After two years of virtual fundraising events due to the ongoing pandemic, PurpleStride Silicon Valley 2022 will be back in person at Discovery Meadow in downtown San Jose, CA on Saturday, April 30.

"All of us at RenovoRx proudly support the PurpleStride walk, which improves pancreatic cancer awareness across the country," said Shaun Bagai, CEO of RenovoRx. "We’re continually energized by the people we meet in this important cause and are dedicated to advancing treatment options for patients impacted by pancreatic cancer."

For the first time ever, Silicon Valley’s PurpleStride walk is coordinated with nearly 60 other communities across the nation for one nationally synchronized PanCAN PurpleStride event. City-by-city, thousands of supporters will walk the nation in solidarity to raise national awareness and much-needed funds for pancreatic cancer. Funds raised through this nationwide movement fuel life-changing programs and services for pancreatic cancer patients and their families.

"By taking action locally, we have the opportunity to make a difference in the lives of pancreatic cancer patients nationwide," said Ariane Chappel, chair of PanCAN’s Silicon Valley affiliate. "We are grateful to RenovoRx’s commitment to raise vital funds and awareness to support the pancreatic cancer community through this important event."

Pancreatic cancer is the world’s deadliest cancer with a five-year survival rate of just 11 percent. In 2022, more than 62,000 Americans will be diagnosed with pancreatic cancer and nearly 50,000 will die from the disease, making it the third leading cause of cancer-related death in the U.S.

VCLS Announces New Strategic Partnership With EC Innovations in China

On April 19, 2022 Voisin Consulting Life Sciences (VCLS), a leading global regulatory, access to market and clinical consultancy, reported a strategic partnership with EC Innovations in China, a global localization service provider with extensive experience in translating highly regulated life sciences & medical content (Press release, VCLS, APR 19, 2022, View Source [SID1234612452]). The alliance between VCLS and EC Innovations is set to build a long-term and robust relationship to further grow and enhance both companies’ capabilities to provide mutual clients with a higher level of services.

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As life sciences and medical industries gather pace and expand globally, regulatory and clinical requirements have become increasingly demanding, stringent and specific, with standards varying between countries. To ensure compliance across this complex regulatory landscape is thus a challenge for any company preparing to expand its footprint and strengthen its presence in foreign markets.

As a matter of course, the complex and ever-changing regulatory requirements call for a comprehensive solution to meet all needs with regard to regulatory consulting, clinical research and medical translation. Hence, this highly anticipated partnership shall bring together industry-leading regulatory consulting services from VCLS and high-quality translation & localization services from EC Innovations to unlock the potential of a full range of consulting & translation solutions. The combined resources, technologies and expertise of the two companies shall enable us to make multilingual compliance issues as painless as possible, helping complete transnational submissions, clear regulatory hurdles and shorten time to market.

As part of this partnership, VCLS and EC Innovations will jointly host multiple virtual and in-person events each year, sharing the knowledge and experience of the leading subject matter experts and our partners to guide clients in complying with the strict regulatory requirements in the life sciences and medical industry.

Dr. Linsen DU, General Manager of VCLS China said:"We at VCLS are excited to combine forces with EC Innovation. We believe that this is a perfect fit to facilitate our local and international clients who need to bring their innovative healthtech products faster to the highly regulated market, to the patients. We are looking forward to developing this partnership further towards achieving common goals."

"Our Life Science Business Unit works for hundreds of pharmaceutical/medical device companies in all kinds of application dossier translation. We are so thrilled to partner with VCLS, who has a deep knowledge and expertise of the global regulatory affairs and clinical consultancy," said Jane Du, Managing Director of EC Innovations (Chengdu), Inc. "This partnership enables us to further assist our clients in navigating the regulatory challenges and ensuring compliance with region-specific language requirements."

Plus Therapeutics Announces Oral Presentation at the Society of Nuclear Medicine and Molecular Imaging (SNMMI) 2022 Annual Meeting

On April 19, 2022 Plus Therapeutics, Inc. (Nasdaq: PSTV) (the "Company"), a clinical-stage pharmaceutical company developing innovative, targeted radiotherapeutics for rare and difficult-to-treat cancers, reported that it will discuss new data in an oral presentation at the Society of Nuclear Medicine and Molecular Imaging (SNMMI) 2022 Annual Meeting, being held June 11-14, 2022, in Vancouver, British Columbia, Canada (Press release, Cytori Therapeutics, APR 19, 2022, View Source [SID1234612479]).

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A copy of the presentation titled "Rhenium-186-NanoLiposome (186RNL) in the treatment of relapse/recurrent glioblastoma (rGBM): a novel approach to cancer therapy," will be made available under the Presentations tab of the For Investors section of the Company’s website following the meeting at www.plustherapeutics.com.

SpringWorks Therapeutics Announces Clinical Trial Collaboration and Supply Agreement with Regeneron to Evaluate Nirogacestat in Combination with REGN5458 in Patients with Relapsed or Refractory Multiple Myeloma

On April 19, 2022 SpringWorks Therapeutics, Inc. (Nasdaq: SWTX), a clinical-stage biopharmaceutical company focused on developing life-changing medicines for patients with severe rare diseases and cancer, reported that the company has entered into a clinical trial collaboration and supply agreement with Regeneron Pharmaceuticals, Inc. to evaluate nirogacestat, SpringWorks’ investigational gamma secretase inhibitor, in combination with Regeneron’s investigational bispecific antibody targeting B-cell maturation antigen (BCMA) and CD3, REGN5458, in patients with relapsed or refractory multiple myeloma (Press release, SpringWorks Therapeutics, APR 19, 2022, View Source [SID1234612496]).

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Gamma secretase inhibition helps prevent the cleavage and shedding of BCMA from the surface of myeloma cells. In preclinical models, nirogacestat has been shown to increase levels of membrane-bound BCMA and reduce levels of soluble BCMA, thereby helping to enhance the activity of BCMA-targeted therapies, including CD3 bispecific antibodies.1,2

"We are delighted to enter into our eighth BCMA clinical collaboration as we continue to advance nirogacestat as a potentially best-in-class cornerstone of BCMA-directed therapies," said Saqib Islam, Chief Executive Officer of SpringWorks Therapeutics. "Our goal is to improve clinical outcomes for patients with multiple myeloma and we look forward to working with Regeneron to evaluate nirogacestat in combination with REGN5458."

Under the terms of the agreement, Regeneron is responsible for the clinical development and will assume all costs associated with the study, other than expenses related to the manufacturing and supply of nirogacestat and certain expenses related to intellectual property rights.

About Nirogacestat
Nirogacestat is an investigational, oral, selective, small molecule gamma-secretase inhibitor in Phase 3 clinical development for desmoid tumors, which are rare and often debilitating and disfiguring soft-tissue tumors. Gamma secretase cleaves multiple transmembrane protein complexes, including Notch, which is believed to play a role in activating pathways that contribute to desmoid tumor growth.

In addition, gamma secretase has been shown to directly cleave membrane-bound BCMA, resulting in the release of the BCMA extracellular domain, or ECD, from the cell surface. By inhibiting gamma secretase, membrane-bound BCMA can be preserved, increasing target density while reducing levels of soluble BCMA ECD, which may serve as decoy receptors for BCMA-directed therapies. Nirogacestat’s ability to enhance the activity of BCMA-directed therapies has been observed in preclinical models of multiple myeloma.1,2 SpringWorks is evaluating nirogacestat as a BCMA potentiator and has eight collaborations with industry-leading BCMA developers to evaluate nirogacestat in combinations across modalities, including with an antibody-drug conjugate, two CAR T cell therapies, four bispecific antibodies and a monoclonal antibody. SpringWorks has also formed research collaborations with Fred Hutchinson Cancer Research Center and Dana-Farber Cancer Institute to further characterize the ability of nirogacestat to modulate BCMA and potentiate BCMA-directed therapies using a variety of preclinical multiple myeloma models.

Nirogacestat has received Orphan Drug Designation from the U.S. Food and Drug Administration (FDA) for the treatment of desmoid tumors and from the European Commission for the treatment of soft tissue sarcoma. The FDA also granted Fast Track and Breakthrough Therapy Designations for the treatment of adult patients with progressive, unresectable, recurrent or refractory desmoid tumors or deep fibromatosis.