Walking Fish Therapeutics Launches with $50 Million in Series A Financing to Accelerate Development of B Cell Therapies for Multiple Diseases

On September 13, 2021 Walking Fish Therapeutics, a leader in B cell engineering, reported the close of $50M Series A financing— led by investors including Emerson Collective, Illumina Ventures and Quan Capital— to develop B cell therapeutics for oncology, rare disease, regenerative medicine, autoimmune disease, and recombinant antibody production (Press release, Walking Fish Therapeutics, SEP 13, 2021, View Source [SID1234587631]).

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Walking Fish Therapeutics has made critical advances in developing a platform to harness B cells’ capability to activate the immune system in the treatment of cancer, and to serve as in vivo protein factories that produce replacement proteins for deficiency diseases, regenerative proteins, and engineered antibodies.

Walking Fish Therapeutics encompasses a powerful executive leadership team, including Co- founder and CEO, Dr. Lewis "Rusty" Williams, who has devoted his career to helping patients by discovering, developing, and commercializing first-in-class therapies for unmet medical needs. He is a former practicing cardiologist, current member of the National Academy of Sciences, co-founder of COR Therapeutics (now part of Takeda) and founder of Five Prime Therapeutics (now part of Amgen). Dr. Williams is joined by distinguished prior investors, board directors, and executives to set the foundation for B cell platform and drug development at Walking Fish Therapeutics.

"In my 35 years of academic and biotech research on protein drugs, the field of B cell therapeutics may be the biggest paradigm shift for human protein therapies," said Dr. Williams. "Walking Fish is harnessing the unique features of B cells to address unmet needs in the treatment for solid tumors, and in non-oncology indications in which B cells can uniquely and durably deliver important proteins with known therapeutic activity."

"B cells play an important role in the rejection of tumors by the immune system," said Dr. Mark Selby, co-founder and VP Immunology of Walking Fish Therapeutics and co-inventor of the immuno-oncology drug OPDIVO and multiple others. "We have learned to engineer B cells that can target certain cancers and provide a treatment modality that is different from that of other T cell or antibody therapies."

"Walking Fish is at the forefront of the burgeoning B cell therapeutics field, rooted in well understood biology, the evolutions of protein therapeutics, and recent progress in cell therapies," said Momo Wu, Ph.D., Investment Manager at Emerson Collective. "We believe these novel therapies will drive a paradigm shift in the treatment of a number of diseases.

"Walking Fish’s financial backing, combined with its high-caliber leadership team, positions it well for success in pioneering B cell engineering," said Alexis Ji, Ph.D., Partner at Illumina Ventures. "We believe the company has the potential to take the protein and cell therapeutics field to a new plane."

"We are encouraged by the tremendous progress Walking Fish has made during the seed funding phase, and we now look forward to the company developing its product candidate in B cell therapeutics, which can be used to treat diseases that are challenging to address with current methods," said Stella Xu, Ph.D., Managing Director at Quan Capital.

OncoHost Publishes Data Identifying Predictive Signature for Response to Immunotherapy in Lung Cancer Patients

On September 13, 2021 OncoHost, a global leader in next-generation precision oncology for improved personalized cancer therapy, reported that it has published a study identifying a predictive proteomic signature for patient response to immune checkpoint inhibitor (ICI) therapy in non-small-cell lung carcinoma (NSCLC) patients (Press release, OncoHost, SEP 13, 2021, View Source [SID1234587646]). The signature was discovered using OncoHost’s first-of-its-kind, AI-based platform, PROphet, and the study will be presented as a poster at the ESMO (Free ESMO Whitepaper) Virtual Congress 2021.

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Immune checkpoint inhibitor (ICI)-based treatment has revolutionized the cancer therapy landscape, displaying a significant response in patients with advanced stage disease. However, only a small fraction of patients actually responds to this treatment, making it critical to identify reliable biomarkers for response and understand the mechanisms underlying resistance. OncoHost’s PROphet platform utilizes advanced machine learning and bioinformatics to analyze the complex tumor-patient-treatment biologic interplay, providing clinicians and their patients with a clinically actionable "disease navigator."

"This study has revealed that OncoHost’s bioinformatic analysis and host response evaluation based on proteomic data can help predict patient outcomes with very high accuracy," said Professor Yuval Shaked, founder and Chief Scientific Advisor at OncoHost, and Professor of Cell Biology and Cancer Science at the Technion – Israel Institute of Technology. "We are proud to be taking such strides in overcoming the challenge of non-responsiveness to immunotherapy and advancing the development of novel therapeutic strategies."

Researchers examined host-mediated effects occurring in response to ICI treatment, and their contribution to therapy resistance in stage IV NSCLC patients. Overall, 108 subjects participated in the study, of whom 80 were responders and 28 were non-responders. The research revealed that plasma proteome changes occur following immunotherapy, suggesting host (patient) response to ICI treatment. An analysis of differentially expressed proteins in the patients indicated therapy-specific mechanisms of resistance.

"Traditional precision medicine searches for biomarkers at the therapy-tumor axis. By adding the patient to the equation, OncoHost is fighting cancer through a distinctive, deep profiling of the patient-tumor interface," said Dr. Ofer Sharon, CEO of OncoHost. "Our research demonstrates the potential clinical utility of PROphet, offering physicians targeted treatment options for their patients and identifying previously unanticipated targets for future interventions and clinical trials."

The clinical study was conducted in collaboration with the Chaim Sheba Medical Center Institute of Oncology, the Technion Institute of Technology, Thomas Jefferson University and the University of Connecticut.

The virtual ESMO (Free ESMO Whitepaper) Congress 2021 will take place September 16-21.

Poster Title: ­A predictive signature for response to immunotherapy in non-small cell lung cancer based on plasma proteomics and clinical parameters.
Abstract #: 300
E-poster #: 74P

The abstract is available on the ESMO (Free ESMO Whitepaper) website here.

Kinnate Biopharma Inc. Presents Preclinical Data on its Lead FGFR Inhibitor Candidate at the JCA-AACR Precision Cancer Medicine International Conference

On September 13, 2021 Kinnate Biopharma Inc. (Nasdaq: KNTE) ("Kinnate"), a biopharmaceutical company focused on the discovery and development of small molecule kinase inhibitors for difficult-to-treat, genomically defined cancers, reported results from preclinical studies evaluating its lead Fibroblast Growth Factor Receptor (FGFR) inhibitor candidate, KIN-3248 (Press release, Kinnate Biopharma, SEP 13, 2021, View Source [SID1234587665]). These findings were presented during a virtual poster session at the joint JCA-AACR Precision Cancer Medicine International Conference that took place September 10-12, 2021.

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KIN-3248 is a next-generation, irreversible, small molecule pan-FGFR inhibitor designed to target cancer-associated FGFR2 and FGFR3 gene alterations, which are common oncogenic drivers seen in human cancers. KIN-3248 was developed to address both primary FGFR2 and FGFR3 oncogenic alterations and those predicted to drive acquired resistance to current FGFR-targeted therapies, including gatekeeper, molecular brake, and activation loop mutations observed in cancers such as intrahepatic cholangiocarcinoma (ICC) and urothelial carcinoma (UC). Kinnate anticipates filling an Investigational New Drug (IND) application for KIN-3248 with the U.S. Food and Drug Administration (FDA) in the first half of 2022.

"We are very pleased with the progress of our FGFR program, and these positive preclinical data are an important indicator of the potential anti-tumor activity of KIN-3248," said Eric Martin, Ph.D., SVP, Translational Research and Medicine at Kinnate. "In preclinical studies, we have demonstrated inhibitory activity across a wide range of clinically relevant mutations that drive primary disease and acquired resistance. We believe that by addressing these mutations and broadly covering multiple FGFR isoforms, KIN-3248 may be able to overcome challenges associated with currently approved FGFR inhibitors and provide a meaningful increase in the duration of response."

The poster presentation, delivered by Aleksandra Franovic, Ph.D., Senior Director of Translational Medicine at Kinnate, highlights data which show that in biochemical and cellular assays, KIN-3248 exhibited nanomolar potency against all four wild-type FGFR family members but not against other non-FGFR kinases. Importantly, KIN-3248 was active against mutations associated with resistance to FGFR inhibitors both in the clinic and in experimental models, including the FGFR2 and FGFR3 gatekeeper (V565X and V555M, respectively), molecular brake (N550X and N540X, respectively), and activation loop (L618V and K650M, respectively) mutations with less than a five-fold difference in IC50 values relative to corresponding wild-type receptors. In addition, dose-dependent inhibition of FGFR2- and FGFR3-driven human in vivo xenografts, including one with an acquired gatekeeper mutation, was attained with once-daily KIN-3248 treatment and was well tolerated. This efficacy was accompanied by both pharmacodynamic biomarker modulation and downstream pathway inhibition.

Kinnate’s poster presentation, titled "The next-generation FGFR inhibitor, KIN-3248, is active against acquired FGFR2 and FGFR3 gatekeeper and molecular brake drug resistance mutations," is available for on-demand viewing and can be accessed via: View Source

Adaptimmune Announces Clinical Responses across Five Solid Tumor Indications with an Overall Response Rate of 36% and Promising Early Durability from its Next-Generation SURPASS Trial

On September 13, 2021 Adaptimmune Therapeutics plc (Nasdaq: ADAP), a leader in cell therapy to treat cancer, reported updated data from its Phase 1 SURPASS trial in multiple solid tumors to be presented in a digital poster at the upcoming European Society for Medical Oncology (ESMO) (Free ESMO Whitepaper) annual meeting (Press release, Adaptimmune, SEP 13, 2021, View Source [SID1234587584]). The poster will be displayed on the ESMO (Free ESMO Whitepaper) congress web site on Thursday, September 16th. The Company has also released a video of Adrian Rawcliffe, Adaptimmune’s Chief Executive Officer (CEO), and Elliot Norry, Adaptimmune’s Chief Medical Officer, describing these data in more detail that can be accessed here: https://bit.ly/38ZQCGt.

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"It is no longer a question of whether our SPEAR T-cells are effective against a range of MAGE-A4 expressing tumors — they undoubtedly are. Now, our focus is on turning them into approved therapies. This begins with ongoing recruitment in this SURPASS trial for people with lung, bladder, gastroesophageal, head and neck, and now ovarian cancer, and continues with the recently initiated SURPASS 2 trial in esophageal and EGJ cancers," said Adrian Rawcliffe, Adaptimmune’s CEO. "These data bring us closer to identifying further indications to take into late-stage development and confirm our expertise in developing and enhancing cell therapies. ADP-A2M4CD8 does exactly what we designed it to do — kill cancer cells and more effectively engage the broader immune system to deliver improved potency and clinical benefit."

Dr. David Hong, Professor, Deputy Chairman in the Department of Investigational Cancer Therapeutics (Phase I Program) at The University of Texas MD Anderson Cancer Center said, "We are encouraged by these promising early data from the SURPASS trial. Having previously seen strong responses with afami-cel, this next-generation cell therapy appears safe and demonstrated antitumor activity for a majority of patients across many cancer indications."

Topline results from the Phase 1 SURPASS trial (data cut-off August 2, 2021)
Emerging efficacy and durability data are promising with responses in five solid tumor indications

As of the data cut-off date, 25 patients had received the next-generation cell therapy, ADP-A2M4CD8, in the Phase 1 SURPASS trial, 22 patients were evaluable for efficacy with at least one post-baseline scan meeting the ≥4-week duration for evaluation of stable disease
All patients had advanced metastatic disease and had received multiple prior regimens of systemic therapy (median: 3; range 1-6)
The overall response rate was 36% and the disease control rate was 86%
There was a complete response reported in a patient with ovarian cancer, which remains ongoing at 6 months post‑infusion (data on file at Adaptimmune)
Initial durability is encouraging. As of the data cut-off, 11 patients remain on study. Of the 8 responders, 5 remain in response with some remaining progression free >24 weeks

Best Overall Response (n=22)* Overall, n (%) Cancer Indication
(n=1 unless otherwise noted)
Complete response (CR) 1 (4.5) Ovarian
Partial response (PR) 7 (31.8) Ovarian (2); head and neck (2)**; esophagogastric junction (EGJ)**; bladder; synovial sarcoma
Stable disease (SD) 11 (50.0) Ovarian cancer (3); EGJ (2); esophageal (2); lung cancer, MRCLS, melanoma,
Progressive disease (PD) 3 (13.6) EGJ, lung, ovarian
Overall response rate (CR, PR) 8 (36.4)
Disease control rate (CR, PR, SD) 19 (86.4)
* Of 25 patients who received ADP-A2M4CD8, 3 were not evaluable at the time of data cut-off: 2 patients (ovarian or esophageal cancers) did not have post-baseline scans; 1 patient (EGJ) had a post-baseline scan that did not meet the ≥4-week duration for evaluation of stable disease
** One PR in head and neck cancer and one PR in EGJ cancer were reported previously at SITC (Free SITC Whitepaper) 2020

ADP-A2M4CD8 demonstrated an acceptable safety profile

Eighteen (72%) patients experienced cytokine release syndrome (CRS) related to T-cell infusion, most of which were lower grade: Grade 1 or 2 (n=14); Grade 3 (n=4)
The most common serious adverse event (SAE) of any grade (> 30% of patients) was CRS
Four (16%) patients experienced immune effector cell-associated neurotoxicity syndrome (ICANS) related to T-cell infusion: Grade 1 (n=1); Grade 2 (n=1); Grade 3 (n=2)
Five (20%) patients experienced prolonged cytopenia at Week 4
One patient experienced a fatal (Grade 5) SAE of pancytopenia (previously reported in the Company’s 10K Report filed with the Securities and Exchange Commission on February 25, 2021)
ADP-A2M4CD8 was designed to be more potent than the first-generation product

Adaptimmune’s Specific Peptide Enhanced Affinity Receptor (SPEAR) T-cell therapies are a mix of CD8+ ("killer") and CD4+ ("helper") T-cells engineered with a T-cell receptor (TCR) designed with Adaptimmune’s proprietary affinity enhancement technology to recognize a cancer target
ADP-A2M4CD8 is a next-generation T-cell therapy engineered to target MAGE-A4 positive tumors, and to express a CD8α co-receptor
ADP-A2M4CD8 uses the same engineered T-cell receptor that recognizes MAGE-A4 as Adaptimmune’s first-generation T-cell therapy, afami-cel, which has shown compelling results in synovial sarcoma and myxoid/round cell liposarcoma (presented at ASCO (Free ASCO Whitepaper) 2021)
Co-expression of CD8α adds CD8+ killer cell capability to CD4+ helper T-cells, while maintaining or enhancing the CD4+ helper function (i.e., producing the inflammatory cytokines IFN-γ and IL-2)
Initial translational data confirm that ADP-A2M4D8 is more potent and better engages the immune system, compared to the first-generation product

Patient manufactured product and serum samples from the first-generation Phase 1 afami-cel trial and the next-generation SURPASS trial were compared
In vitro tumor cell killing assays confirm that the next-generation product results in greater tumor cell killing by CD4+ SPEAR T-cells
Analyses of patient serum samples demonstrate increases in a subset of 22 measured serum cytokines confirming increased helper function of the next-generation CD4+ T-cells and engagement of the broader immune system
Additional serum analyses showed increased serum IL-12 in the SURPASS trial versus the first-generation Phase 1 trial, which is also consistent with engagement of the broader immune system, including dendritic cells, as IL-12 is not known to be produced by T-cells
Conclusions from the Phase 1 SURPASS Trial Data at ESMO (Free ESMO Whitepaper)

Initial efficacy and durability data are encouraging with responses across five different solid tumors including a complete response in a patient with ovarian cancer ongoing at 6 months
The safety profile of the next-generation ADP-A2M4CD8 cell therapy was acceptable
Data confirm preclinical observations that the enhanced TCR interaction in ADP-A2M4CD8 results in a more potent product
Safety and efficacy, including duration of response, will continue to be evaluated in the ongoing SURPASS trial, which is enrolling eligible patients with gastroesophageal, head and neck, lung, bladder, and ovarian cancers
A Phase 2 trial, SURPASS-2, has initiated for patients with esophageal and EGJ cancers
Overview of Phase 1 SURPASS trial design

This is a Phase 1, open-label, dose escalation clinical trial designed to evaluate the safety and antitumor activity of ADP-A2M4CD8 in patients with MAGE-A4+ tumors in the context of HLA-A*02
This is a first-in-human dose-escalation trial using a modified 3+3 design, with 2 dose cohorts plus an expansion cohort
The number of transduced cells ranged from 0.8×109 to 1.2×109 (Cohort 1 complete), 1.2×109 to 6.0×109 (Cohort 2 complete), and 1.2×109 to 10.0×109 (Expansion)
Dose-limiting toxicities are adjudicated by a Safety Review Committee, regardless of the investigator’s attribution
Responses are assessed per RECIST v1.1

Sorrento Therapeutics, Inc. Corporate Presentation

On September 13, 2021, Sorrento Therapeutics, Inc. ("Sorrento") Presented the corporate presentation (Presentation, Sorrento Therapeutics, SEP 13, 2021, View Source [SID1234587599]).

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