Novavax and SK bioscience Expand Manufacturing Agreement

On December 23, 2021 Novavax, Inc. (Nasdaq: NVAX), a biotechnology company dedicated to developing and commercializing next-generation vaccines for serious infectious diseases, and SK bioscience, Co. Limited, a vaccine business subsidiary of Korea-based SK Group, reported the expansion of the companies’ collaboration and license agreements for NVX-CoV2373, Novavax’ recombinant nanoparticle protein-based COVID-19 vaccine (Press release, SK Bioscience, DEC 23, 2021, View Source [SID1234597680]).

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The companies have agreed that SK bioscience will reserve significant additional manufacturing capacity to produce antigen, a key component of NVX-CoV2373, through 2022, with the possibility to extend the arrangement. The agreement between the companies also builds on a previously announced advance purchase agreement (APA) between SK bioscience and the Korean government to supply 40 million doses of NVX-CoV2373 for the Republic of Korea. SK bioscience may supply additional quantities of NVX-CoV2373 in the Korean market in 2022. Additionally, SK bioscience has acquired non-exclusive rights to sell doses of Novavax’ vaccine to the governments of Thailand and Vietnam.

"SK bioscience and the Korean government continue to be significant partners with Novavax in our efforts to ensure broad access of our COVID-19 vaccine to the citizens of South Korea and beyond," said Stanley C. Erck, President and Chief Executive Officer, Novavax. "This strategic partnership helps to further expand our global network for manufacture and commercialization of high-quality product and will be an important part of our expected 2 billion annual doses in total global manufacturing capacity in 2022."

"SK bioscience shares Novavax’ sense of urgency to deliver a safe and effective protein-based COVID-19 vaccine to help protect not only South Koreans, but also the global population," said Jaeyong Ahn, Chief Executive Officer, SK bioscience. "We are committed to supporting the production of NVX-CoV2373 in South Korea and doing our part in the fight against COVID-19 in partnership with Novavax."

In collaboration with Novavax, SK bioscience initiated the rolling submission process for NVX-CoV2373 with South Korea’s Ministry of Food and Drug Safety (MFDS) in April. A biologics license application was submitted to the MFDS in November. Additional information regarding Novavax’ previous licensing agreement with SK bioscience is available here.

About NVX-CoV2373
NVX-CoV2373 is a protein-based vaccine engineered from the genetic sequence of the first strain of SARS-CoV-2, the virus that causes COVID-19 disease. NVX-CoV2373 was created using Novavax’ recombinant nanoparticle technology to generate antigen derived from the coronavirus spike (S) protein and is formulated with Novavax’ patented saponin-based Matrix-M adjuvant to enhance the immune response and stimulate high levels of neutralizing antibodies. NVX-CoV2373 contains purified protein antigen and can neither replicate, nor can it cause COVID-19.

Novavax’ COVID-19 vaccine is packaged as a ready-to-use liquid formulation in a vial containing ten doses. The vaccination regimen calls for two 0.5 ml doses (5 mcg antigen and 50 mcg Matrix-M adjuvant) given intramuscularly 21 days apart. The vaccine is stored at 2°- 8° Celsius, enabling the use of existing vaccine supply and cold chain channels. The current assigned shelf-life of the vaccine is 9 months.

Novavax has established partnerships for the manufacture, commercialization and distribution of NVX-CoV2373 worldwide.

About the NVX-CoV2373 Phase 3 trials
NVX-CoV2373 is being evaluated in two pivotal Phase 3 trials.

A trial conducted in the U.K. with 14,039 participants was designed as a randomized, placebo-controlled, observer-blinded study and achieved overall efficacy of 89.7%. The primary endpoint was based on the first occurrence of PCR-confirmed symptomatic (mild, moderate or severe) COVID-19 with onset at least 7 days after the second study vaccination in serologically negative (to SARS-CoV-2) adult participants at baseline. Full results of the trial were published in the New England Journal of Medicine (NEJM).

PREVENT-19, a trial in the U.S. and Mexico, with 25,452 participants, achieved 90.4% efficacy overall. It was designed as a 2:1 randomized, placebo-controlled, observer-blinded study to evaluate the efficacy, safety and immunogenicity of NVX-CoV2373. The primary endpoint for PREVENT-19 was the first occurrence of PCR-confirmed symptomatic (mild, moderate or severe) COVID-19 with onset at least 7 days after the second dose in serologically negative (to SARS-CoV-2) adult participants at baseline. The statistical success criterion included a lower bound of 95% CI >30%. The key secondary endpoint is the prevention of PCR-confirmed, symptomatic moderate or severe COVID-19. Both endpoints were assessed at least 7 days after the second study vaccination in volunteers who had not been previously infected with SARS-CoV-2. It was generally well-tolerated and elicited a robust antibody response in both studies. Full results of the trial were published in NEJM.

About Matrix-M Adjuvant
Novavax’ patented saponin-based Matrix-M adjuvant has demonstrated a potent and well-tolerated effect by stimulating the entry of antigen-presenting cells into the injection site and enhancing antigen presentation in local lymph nodes, boosting immune response.

AVEO Oncology Announces Participation at the H.C. Wainwright Virtual BioConnect 2022 Conference

On December 22, 2021 AVEO Oncology (Nasdaq: AVEO), a commercial stage, oncology-focused biopharmaceutical company, reported that members of its senior management team will participate in the H.C. Wainwright Virtual BioConnect 2022 Conference, which is taking place from Monday, January 10th to Thursday, January 13th (Press release, AVEO, DEC 22, 2021, View Source [SID1234597594]).

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A webcast of the fireside chat with AVEO’s management team and H.C. Wainwright research analyst Swayampakula Ramakanth will be available on-demand as of 7 a.m. EST on Monday, January 10th, by visiting the Calendar of Events sub-section within the Investors section of the Company’s website at www.aveooncology.com.

Chromatin Remodeler Offers New and Promising Target Against Prostate Cancer

On December 22, 2021 Dovetail Genomics, the industry leader in advanced proximity ligation genomic solutions, reported details of a new study, led by University of Michigan researchers and published in Nature, which showed for the first time that inhibiting the SWI/SNF chromatin remodeling complex prevents several oncogenes from being expressed and slows prostate cancer growth in cell and animal models (Press release, Dovetail Genomics, DEC 22, 2021, View Source [SID1234597627]). These findings were made possible, in part, by Hi-C technology developed by Dovetail Genomics, with the company’s proximity ligation HiChIP MNase Kit providing essential information about 3D chromatin architecture, illuminating the effect the PROTAC had on chromatin remodeling. In addition, Dovetail scientists Mital Bhakta and Jay Ghurye contributed to the paper.

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"This is a revolutionary finding," said Arul Chinnaiyan, M.D., Ph.D., director of the Michigan Center for Translational Pathology and senior author on the paper. "By controlling chromatin structure in prostate cancer cells, we shut down several oncogenic pathways at once. This could offer new hope for patients, particularly those with resistant disease."

Chromatin is the combination of DNA, RNA and proteins that tightly package genetic material in the nucleus. Cells have evolved complex mechanisms, including the SWI/SNF complex, to open up chromatin and allow gene expression.

In the study, the research team designed a proteolysis targeting chimera (PROTAC), a small molecule compound, that degrades SMARCA2 and SMARCA4, essential SWI/SNF components. This degradation had a ripple effect. Inhibiting SWI/SNF kept chromatin closed to cancer-driving transcription factors, which could not reach gene enhancers, muting well-known oncogenes, such as AR (androgen receptor), FOXA1, ERG and MYC.

This work highlights potential therapeutic targets to defeat enhancer-addicted prostate and possibly other cancers. Equally important, PROTAC synergized with the androgen receptor antagonists, which are often used to treat prostate cancer, making them more effective.

"Dovetail has always put an acute focus on cancer research, understanding that proximity ligation takes oncology studies to the next level," said Todd Dickinson, CEO of Dovetail Genomics. "We were thrilled to partner with Dr. Chinnaiyan on this study, helping to identify a critical advance in cancer data and research."

The full article can be found here: View Source

Targovax ASA – Registration of share capital increase pertaining to the Rights Issue

On December 22, 2021 Targovax ASA’s (the "Company") stock exchange reported that published on 15 December 2021, regarding the final result of the rights issue of 101,744,186 new shares in the Company (the "Offer Shares") at a subscription price of NOK 1.72 per Offer Share (the "Rights Issue") (Press release, Targovax, DEC 22, 2021, View Source [SID1234597595]).

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The share capital increase pertaining to the Rights Issue has now been registered in the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret). The Company’s new share capital is NOK 18,832,659.10 divided into 188,326,591 shares, each with a nominal value of NOK 0,10.

Delivery of the Offer Shares in the Norwegian Central Securities Depository (the VPS) to the subscribers having been allocated Offer Shares in the Rights Issue is expected to take place tomorrow, on 23 December 2021, however trading in the Offer Shares on the Oslo Stock Exchange with ordinary T+2 settlement may accordingly commence now.

Juniper Biologics In-Licenses Helsinn’s Oncology Portfolio For Aloxi®, Onicit®, Paloxi®, Akynzeo® and anamorelin (INN)

On December 22, 2021 Helsinn Healthcare SA ("Helsinn"), a fully integrated, global biopharma company with a diversified pipeline of innovative oncology assets and strong track-record of commercial execution, and Juniper Biologics Pte Ltd ("Juniper"), a science-led healthcare company focused on researching, developing and commercializing novel therapies, reported the signing of exclusive distribution, license and supply agreements for Aloxi, Onicit, Paloxi, Akynzeo (IV and oral formulations) and anamorelin (INN) (Press release, Juniper Biologics, DEC 22, 2021, View Source [SID1234615017]).

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Under the terms of the agreements, Helsinn has granted Juniper exclusive licenses to register, import, distribute, promote, market and sell these products in Australia, New Zealand, Southeast Asia, and certain markets in Middle East and Africa.

Approved products:

Aloxi, Onicit and Paloxi (Palonosetron hydrochloride, IV, 25 mg as Palonosetron) for the prevention of chemotherapy induced nausea and vomiting (CINV)
Aloxi and Onicit (Palonosetron hydrochloride, IV, 075 mg as Palonosetron) for the prevention of post-operative nausea and vomiting (PONV)
Aloxi (Palonosetron hydrochloride, oral, 5 mg as Palonosetron) for the prevention of CINV
Akynzeo (Netupitant and Palonosetron hydrochloride, oral and Fosnetupitant and Palonosetron hydrochloride, IV) for the prevention of CINV
Product[s] under development:

Anamorelin (INN), an investigational, is a selective, novel, orally active ghrelin receptor agonist being developed for the treatment of malignancy-associated weight loss and anorexia in non-small cell lung cancer patients. Ghrelin is an endogenous peptide primarily secreted by the stomach. Upon binding to its receptor, ghrelin stimulates multiple pathways in the positive regulation of body weight, muscle mass, appetite and metabolism.

Riccardo Braglia, Helsinn Group Vice Chairman and CEO, commented:

"This agreement with Juniper Biologics further secures access to Helsinn’s supportive care products for those patients in real need in these important markets. We are pleased to be partnering with Juniper Biologics and are happy to share the future growth based on their top management vast knowledge in commercialization of novel therapies in these markets. We would like to always make a difference in the lives of many patients living with cancer."

Raman Singh, CEO of Juniper Biologics, commented: "Juniper Biologics was founded on a vision to provide the next generation of life-changing therapies to address unmet patient needs. Our partnership with the Helsinn Group with their excellence in innovation and cancer supportive care, helps us further this goal and is an important extension of our commitment to increase access to break-through medicines and to offer relief to patients suffering with cancer."

About Aloxi, Onicit and Paloxi

The exact therapeutic indication may be different in each country. Please consult the official approved product information in your country.

About Akynzeo

The exact therapeutic indication may be different in each country. Please consult the official approved product information in your country.