GlyTherix awarded NSW Government TechVoucher to evaluate efficacy of our cancer antibody Miltuximab®

On December 1, 2021 GlyTherix reported the award of a $50,000 COVID-19 TechVoucher by the NSW Government through Investment NSW that will provide funding support to collaborate with ANSTO’s world-leading radiochemistry and preclinical imaging teams (Press release, Glytherix, DEC 1, 2021, View Source [SID1234596313]). Funds will be used to generate new preclinical models to evaluate the efficacy, biodistribution, and pharmacokinetics of our lead cancer immunotherapy antibody, Miltuximab.

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

Recent installation of start-of-the-art PET-CT and SPECT-CT imaging systems at ANSTO will facilitate high-resolution small animal imaging of Miltuximab.

The theranostic products produced and tested in this project will generate significant input for the design of our Phase Ib trial to ensure that safety and efficacy endpoints will be met with confidence.

Dr Brad Walsh, CEO GlyTherix, commented "We are extremely grateful to the NSW Government for their continued support of our important therapeutic program, particularly as we have a first-in-world radio-immunotherapy developed in NSW. Additionally, we are pleased that this strengthens our long collaboration with ANSTO who have partnered with us in developing this radioimmunotherapy. A win-win for NSW companies."

Inhibrx Receives FDA Orphan-Drug Designation for INBRX-109 in Chondrosarcoma

On December 1, 2021 Inhibrx, Inc. (Nasdaq: INBX), a biotechnology company with four clinical programs in development and a strong emerging pipeline, reported that the U.S. Food and Drug Administration, or FDA, has granted orphan-drug designation for INBRX-109 for the treatment of chondrosarcoma (Press release, Inhibrx, DEC 1, 2021, View Source [SID1234596331]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

"We believe orphan-drug designation underscores the recognition of INBRX-109 as a promising therapeutic for patients with metastatic or unresectable chondrosarcoma, a patient community currently with no other viable options," said Inhibrx Chief Executive Officer Mark Lappe.

The FDA’s Office of Orphan Products Development grants orphan designation status to drugs and biologics that are intended for the safe and effective treatment, diagnosis or prevention of rare diseases, or conditions that affect fewer than 200,000 people in the U.S. Orphan-drug designation provides certain benefits, including financial incentives to support clinical development and the potential for up to seven years of market exclusivity in the U.S. upon regulatory approval.

About Chondrosarcoma

Chondrosarcoma is an orphan bone cancer with approximately 2,800 new patients diagnosed annually in the United States and the European Union. There are currently no therapeutics approved for the treatment of chondrosarcoma.

About INBRX-109

INBRX-109 is a precision-engineered, tetravalent death receptor 5 (DR5) agonist antibody designed to exploit the tumor-biased cell death induced by DR5 activation.
In January 2021, the FDA granted Fast Track designation to INBRX-109 for the treatment of patients with unresectable or metastatic conventional chondrosarcoma.
In November 2021, Inhibrx provided updated results from its ongoing Phase 1 clinical trial evaluating the efficacy and safety of INBRX-109 in patients with conventional chondrosarcoma. Preliminary disease control was observed in 16 of the 18 evaluable patients (89%) measured by RECISTv1.1, with two of the 18 achieving partial responses (11%). Based on preliminary results of the ongoing Phase 1 trial, the median progression-free survival (PFS) is 7.4 months, and the median overall survival has not been reached. Three patients have exceeded 61 weeks on treatment with INBRX-109, with 77 weeks being the longest duration of stable disease observed to date.

In June 2021, Inhibrx initiated a randomized, blinded, placebo-controlled, potential registration-enabling Phase 2 trial of INBRX-109 in conventional chondrosarcoma.

SQZ Biotechnologies Announces Acceptance by Roche Accelerator in China

On December 1, 2021 SQZ Biotechnologies Company (NYSE: SQZ), a cell therapy company developing novel treatments for multiple therapeutic areas, reported that its China Initiative has been accepted by the Roche Accelerator (Press release, SQZ Biotech, DEC 1, 2021, View Source [SID1234596351]). Launched earlier this year, the accelerator is Roche’s first in-house accelerator globally and further establishes its long-term commitment to Shanghai and China. China’s healthcare ecosystem is of growing global importance and provides significant opportunity for patient impact. Collaboration with the Roche Accelerator will support early strategic planning and potential China-based activities for the SQZ China Initiative.

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

"We are excited to be one of the first members of the Roche Accelerator and to begin working with its talented experts to support strategic planning for this important global healthcare center," said Armon Sharei, Ph.D., Chief Executive Officer and Founder of SQZ Biotechnologies and echoed by Min Dong, Ph.D., Head of the SQZ China Initiative. "China has significant patient needs across the disease areas where we are developing SQZ cell therapies. We look forward to working with local stakeholders to explore the potential application of our cell therapy approach in China."

Roche has been a strategic partner with the company since 2015 and has an ongoing collaboration with SQZ on the SQZ APC oncology program globally.

Licensing Partner of Shenzhen Chipscreen Biosciences – HUYABIO International, Receives Regulatory Approval for Chidamide Monotherapy of Peripheral T-Cell Lymphoma(PTCL) in Japan

On December 1, 2021 Shenzhen Chipscreen Biosciences’ licensing partner, HUYABIO International (HUYABIO), reported the regulatory approval for Chidamide (Tucidinostat, also known as Epidaza , Hiyasta, HBI-8000) monotherapy for the treatment of relapsed or refractory (R/R) PTCL by the Ministry of Health, Labour and Welfare in Japan (Press release, Shenzhen Chipscreen Biosciences, DEC 1, 2021, View Source;huyabio-international-receives-regulatory-approval-for-chidamide-monotherapy-of-peripheral-t-cell-lymphomaptcl-in-japan-301435093.html [SID1234596369]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

"Relapsed and/or refractory PTCL carries a grim prognosis with limited treatment options. Data from the registration study of Chidamide has demonstrated meaningful disease response despite the advanced stage of disease, and acceptable safety profile, to address an important unmet medical need in this patient population", said Dr. Kensei Tobinai, Visiting Scientist of the National Cancer Center Hospital in Japan and medical expert of Chidamide Phase 2 study.

The drug was approved based on data from a Phase 2b study that involved 55 patients with aggressive PTCL in Japan and Korea. These patients, having few effective treatment options, all had advanced disease either refractory to or relapsed to prior therapies. Chidamide 40mg orally administered twice weekly resulted in a 46% Objective Response Rate, median Progression-Free Survival of 5.6 months and a median Overall Survival of 22.8 months.

Dr. Mireille Gillings, CEO & Executive Chair of HUYABIO said, "This second regulatory approval for our lead oncology drug, Tucidinostat(also known as Hiyasta), in Japan expands our drugs’ indications for patients with severe hematologic malignancies. We are looking forward to additional future indications for Tucidinostat that will benefit even more patients."

Dr. Lu Xianping, CEO & President of Chipscreen said, "Tucidinostat, an original new drug independently discovered and developed by Chipscreen, its ex-China rights were licensed out to Huya in 2006. Today, the Japanese approval on Tucidinostat for the treatment to peripheral T-cell lymphoma is another important milestone for the product’s expansion in overseas markets. We sincerely thank our partner Huya International. This new approval enables us to provide Tucidinostat for Japanese patients who are suffering from PTCL. It is also a remarkable step of Chipscreen in the way of providing affordable antitumor drugs for global patients. Via conducting further clinical research of Tucidinostat monotherapy and relevant combination therapies with other antitumor drugs, we are expecting to continuously make new progress to benefit patients all over the world who are suffering from other types of cancers."

About Chidamide (also known as Epidaza, Hiyasta, HBI-8000)

Chidamide is a first-in-class/best-in-class innovative drug which was discovered and developed originally by Shenzhen Chipscreen Biosciences in China. It is an Epigenetic Immunomodulator approved and launched in Chinese market for the treatment of lymphoma and metastatic breast cancer. It also has demonstrated immunomodulatory impact and is being tested in a global pivotal trial in melanoma combined with the checkpoint inhibitor Nivolumab. The product’s ex-China rights were licensed out from Chipscreen to HUYABIO. Later on, HUYABIO partnered with Meiji Seika for Japanese market.

EpiAxis to present at Emergence 2022

On December 1, 2021 EpiAxis Therapeutics reported that among the first batch of companies that will present at Wholesale Investor’s fifth annual Emergence 2022 event in March (Press release, EpiAxis Therapeutics, DEC 1, 2021, View Source;utm_medium=rss&utm_campaign=epiaxis-presents-emergence-2022 [SID1234596314]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

It’s the first time the event has been held live in two years. The annual Emergence event brings together high-growth companies from fintech, renewable energy, biotech and ecommerce to showcase their investment opportunities. Companies included in the first announcement alongside EpiAxis include SelfWealth, Novapep, Long Pipes, EG Funds and Horizon 3 Biotech.

"We are delighted to be part of this group announcement with Wholesale Investor and look forward to presenting EpiAxis at the event, sharing our progress on the development of novel therapeutics for metastatic disease," said EpiAxis CEO Dr Jeremy Chrisp.

Wholesale Investor events have connected $187million of capital in just under four years, showcased to more than 29,000 high net-worth investors and investment groups at events spanning nine countries and 12 cities. EpiAxis became part of the investment platform in October. Our membership kicked off with Dr Chrisp presenting at Wholesale Investor’s STEM 2021 Conference. It was a valuable opportunity to network with investors interested in biotech and discuss how our epigenetic science aims to maintain and extend cancer remission, with low side effects

Emergence 2022 will be held from March 9-11, 2022. Click here to book tickets to the event.