ORIC Pharmaceuticals to Participate in Upcoming Investor Conferences

On November 11, 2021 ORIC Pharmaceuticals, Inc. (Nasdaq: ORIC), a clinical stage oncology company focused on developing treatments that address mechanisms of therapeutic resistance, reported that management will participate in the following investor conferences (Press release, ORIC Pharmaceuticals, NOV 11, 2021, View Source [SID1234595343]):

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Jefferies London Health Conference – Participating in a virtual fireside chat on Thursday, November 18, 2021, at 8:00 a.m. GMT.

Evercore ISI 4th Annual HealthconX Conference – Participating in a virtual fireside chat on Thursday, December 2, 2021, at 3:55 p.m. ET.
Webcasts of the fireside chats will be available through the investor section of the company’s website at www.oricpharma.com. Replays of the webcasts will be available for 90 days following the events.

IntelGenx Reports Third Quarter 2021 Financial Results

On November 11, 2021 IntelGenx Technologies Corp. (TSX:IGX) (OTCQB:IGXT) (the "Company" or "IntelGenx") reported financial results for the third quarter ended September 30, 2021 (Press release, IntelGenx, NOV 11, 2021, View Source,in%20the%202020%20third%20quarter. [SID1234595436]). All dollar amounts are expressed in U.S. currency, unless otherwise indicated, and results are reported in accordance with United States generally accepted accounting principles except where noted otherwise .

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2021 Third Quarter Financial Summary:

Revenue was $593,000, compared to $510,000 in the 2020 third quarter.
Net comprehensive loss was $2.2 million, compared to $1.6 million in Q3-2020.
Adjusted EBITDA loss was $1.4 million, compared to $1.2 million in the 2020 third quarter.
Third Quarter and Recent Developments:

Resumed patient screening in the ongoing ‘BUENA’ Montelukast VersaFilm Phase 2a clinical trial in patients with mild to moderate Alzheimer’s Disease ("AD") following Health Canada’s issuance of a No Objection Letter in response to the Company’s amended Clinical Trial Application.
Graduated to the Toronto Stock Exchange.
Announced that its co-development and commercialization partner for Tadalafil oral films for the treatment of erectile dysfunction (ED) and benign prostatic hyperplasia (BPH), Aquestive Therapeutics, Inc. (NASDAQ:AQST), entered into a definitive license and supply agreement with an undisclosed leading men’s health company.
Announced that atai Life Sciences AG ("atai") committed $6.0 million in future financial support to IntelGenx via amendments to the loan facility between the parties.
Announced that Exeltis Healthcare S.L., the Company’s commercialization partner in the European Union for RIZAPORT, a unique treatment for acute migraines, launched the product in Spain.
Completed an initial shipment of CBD Filmstrips in support of Heritage Cannabis Holdings Corp.’s (CSE:CANN) Canadian market launch of its "CB4 Control" branded product.
Closed a $2.1 million private placement of 8% convertible notes due July 31, 2025, which the Company intends to use to finance its BUENA trial of Montelukast in AD.
Increased the size of the Board of Directors from six to eight with the appointments of Srinivas (Srini) G. Rao, M.D., Ph.D. and Frank Stegert.
"The past few months have been a very productive and exciting period for IntelGenx, marked by the achievement of five major milestones," commented Dr. Horst G. Zerbe, CEO of IntelGenx. "Our graduation to the TSX, Canada’s most senior exchange, came on the heels of our successful transition from a development-stage to a commercial-stage leader in pharmaceutical films as well as our transformational partnership with atai. We were also pleased to resume patient screening in our ongoing ‘BUENA’ Montelukast VersaFilm Phase 2a clinical trial in patients with mild to moderate AD. Having executed on many elements of our growth strategy this quarter, we look forward to continuing to advance our portfolio of innovative film products and product candidates."

Financial Results:

Total revenues for the three-month period ended September 30, 2021 amounted to $593,000, an increase of $83,000, or 16%, compared to $510,000 for the three-month period ended September 30, 2020. The change is mainly attributable to increases in sales milestone revenues of $320,000, product revenues of $70,000, partially offset by a $308,000 decrease in revenues from licensing agreements.

Operating costs and expenses were $2.2 million for the third quarter of 2021, versus $1.9 million for the corresponding three-month period of 2020. The increase for the three-month period ended September 30, 2021 is mainly attributable to increases of $26,000 in R&D expense, $255,000 in manufacturing expenses, $37,000 in selling, general and administrative expenses, $17,000 in depreciation of tangible assets.

For the third quarter of 2021, the Company had an operating loss of $1.6 million, compared to an operating loss of $1.4 million for the comparable period of 2020.

Net comprehensive loss for the three-month period ended September 30, 2021 was $2.2 million, or $0.01 per basic and diluted share, compared to net comprehensive loss of $1.6 million, or $0.01 per basic and diluted share, for the comparable period of 2020.

As at September 30, 2021, the Company’s cash and short-term investments totalled $12.0 million.

Conference Call Details:

IntelGenx will host a conference call to discuss these third quarter 2021 financial results today at 4:30 p.m. ET. The dial-in number for the conference call is (888) 506-0058 (Canada and the United States) and (973) 528-0135 (International), access code 995615. The call will also be webcast live and archived on the Company’s website at www.intelgenx.com under "Webcasts" in the Investors section.

HanxBio’s Patent on FcRn Affinity is granted by Japanese Patent Office, and HX008 monoclonal antibody using this technology is included in NMPA priority review

On November 11, 2021 HanX Biopharmaceuticals reported PCT patent "Method for improving the binding affinity of IgG antibodies to FcRn and prolonging their serum half-life" has been officially authorized by the Japan Patent Office (Press release, HanX Biopharmaceuticals, NOV 11, 2021, View Source [SID1234647314]).

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The present invention discloses a platform technology for improving the binding affinity of IgG antibodies to FcRn and prolonging their serum half-life. This technology can effectively improve the binding affinity of IgG antibodies to FcRn and prolong their serum half-life. Moreover, the binding affinity of the modified IgG antibodies to the corresponding antigen will not be reduced. Based on this patented technology, Hans Bio has independently developed a number of long-acting monoclonal antibody and bispecific antibody projects, including the long-acting anti-human PD-1 monoclonal antibody HX008.

HX008 (also known as "Putelimab") is a humanized anti-PD-1 monoclonal antibody developed by Hans Biotech and its former subsidiary Taizhou Hanzhong Biotech. It uses FcRn modification technology for differentiated design, and transforms the Fc of IgG4 to extend the half-life, reduce the number of dosing, reduce treatment costs, and improve patient drug compliance. The results of Phase I clinical trials show that the half-life of the product is 17-23 days for a single dose, and the half-life can reach 18-38 days after stabilization. Hans Biotech led the pharmaceutical evaluation, preclinical research and development, and early clinical research of the HX008 project. In 2018, Lepu Biotech acquired the controlling stake of Taizhou Hanzhong and obtained the right to market and sell the product.

So far, HX008 has conducted multiple Phase II and Phase III clinical trials. Two of the registration clinical trials: advanced melanoma and multiple advanced solid tumors with MSI-H/dMMR, have been submitted to the NMPA for marketing.

Greenwich LifeSciences Announces Acceptance of Two Posters at Upcoming 2021 SABCS Breast Cancer Conference

On November 11, 2021 Greenwich LifeSciences, Inc. (Nasdaq: GLSI) (the "Company"), a clinical-stage biopharmaceutical company focused on the development of GLSI-100, an immunotherapy to prevent breast cancer recurrences in patients who have previously undergone surgery, reported that two abstracts and posters have been accepted for presentation at the upcoming San Antonio Breast Cancer Symposium (SABCS) (Press release, Greenwich LifeSciences, NOV 11, 2021, View Source [SID1234595250]).

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SABCS 2021 will be held in a hybrid in-person and virtual format from December 7-10, 2021. SABCS anticipates publishing the two posters on the evening of December 8, 2021.

Snehal Patel, CEO of Greenwich LifeSciences, commented, "We are thrilled to be presenting our 4th poster of our 5 year Phase IIb data at SABCS, completing a full year of publications. This data is a result of our ongoing data analysis and will speak to the mechanism of GP2 and the potential to use immune response data in novel ways. As a result of our previously published immune response data and this upcoming data, we plan to substantially improve the immune response technology and to increase the frequency of testing and sample collection in our Phase III trial. This data will be published on the 1 year anniversary of our initial poster at SABCS showing the 100% disease free survival or 0% metastatic breast cancer recurrence rate over 5 years of follow-up."

The second abstract and poster will present additional features of the Phase III clinical trial providing information to breast cancer clinicians who will be attending the in-person conference, visiting our poster session, and participating in our first Phase III trial investigator meeting where the global primary investigator and the Company will present the trial to participating clinicians.

About SABCS

The 44th annual SABCS has grown to be the industry’s premier breast cancer conference for basic, translational, and clinical cancer research professionals. It is well-known for presenting the latest breast cancer data from all over the world. More than 7,500 health care professionals from more than 90 countries attend annually. For more information, please visit the conference website at: View Source

About FLAMINGO-01 and GLSI-100

The Phase III clinical trial will be called FLAMINGO-01 and the combination of GP2 + GM-CSF will be called GLSI-100. The Phase III trial is comprised of 2 blinded, randomized, placebo-controlled arms for approximately 500 HLA-A*02 patients and 1 open label arm of up to 100 patients for all other HLA types. An interim analysis has been designed to detect a hazard ratio of 0.3 in IDFS, where 28 events will be required. An interim analysis for superiority and futility will be conducted when at least half of those events, 14, have occurred. This sample size provides 80% power if the annual rate of events in placebo-treated subjects is 2.4% or greater. The trial is currently being registered on clinicaltrials.gov and the link and trial identifier will be published shortly. For future updates about FLAMINGO-01 please visit the Company’s clinical trial tab at View Source

About Breast Cancer and HER2/neu Positivity

One in eight U.S. women will develop invasive breast cancer over her lifetime, with approximately 282,000 new breast cancer patients and 3.8 million breast cancer survivors in 2021. HER2/neu (human epidermal growth factor receptor 2) protein is a cell surface receptor protein that is expressed in a variety of common cancers, including in 75% of breast cancers at low (1+), intermediate (2+), and high (3+ or over-expressor) levels.

Verastem Oncology to Present at the Jefferies London Healthcare Conference

On November 11, 2021 Verastem Oncology (Nasdaq:VSTM), a biopharmaceutical company committed to advancing new medicines for patients battling cancer, reported that the Company will present at the Jefferies London Healthcare Conference (Press release, Verastem, NOV 11, 2021, View Source [SID1234595284]). The presentation will be made available for on-demand listening beginning Thursday, November 18, 2021 at 8:00 a.m. GMT (3:00 a.m. ET).

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A webcast of the presentation will be available on investors section of the Company’s website at www.verastem.com. An archived presentation will be made available for 30 days.