ESSA Pharma to Present at the Jefferies Virtual Healthcare Conference

On May 25, 2021 ESSA Pharma Inc. ("ESSA" or the "Company") (Nasdaq: EPIX), a clinical-stage pharmaceutical company focused on developing novel therapies for the treatment of prostate cancer, reported that Dr. David R. Parkinson, Chief Executive Officer of ESSA, will participate in a fireside chat at the upcoming Jefferies Virtual Healthcare Conference (Press release, ESSA, MAY 25, 2021, View Source [SID1234580582]). Dr. Parkinson, along with Peter Virsik, ESSA’s Chief Operating Officer, and David S. Wood, ESSA’s Chief Financial Officer, will be available for one-on-one meetings. The conference will take place from June 1 – June 4, 2021.

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A webcast of the fireside chat can be accessed on the Investors/Events & Presentations section of ESSA’s website at www.essapharma.com. Following the event, the webcast will be archived on the Company’s website for 90 days.

SHINE, EDH enter distribution agreement for SHINE’s non-carrier-added Lu-177

On May 25, 2021 EDH Nuclear Medicine and Healthcare Services Ltd. Co. and SHINE Medical Technologies LLC reported that they have entered into a distribution agreement enabling EDH to act as a SHINE-authorized distributor for selected countries (Press release, Shine Medical Technologies, MAY 25, 2021, View Source;pk_kwd=shine-edh-enter-distribution-agreement-for-shines-non-carrier-added-lu-177 [SID1234580664]).

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Under the agreement, EDH will sell and distribute SHINE’s non-carrier-added, cGMP lutetium-177 (Lu-177) manufactured in Janesville, Wis.

Lu-177 is a low-energy beta-particle emitter that works by directly irradiating cancer cells after being delivered to the cancer site by a targeting molecule. Lu-177 is used to treat neuroendocrine cancers and also shows promise for the treatment of metastatic prostate and other cancers. SHINE’s Lu-177 production process enables the company to produce the high specific activity, non-carrier-added Lu-177 required by today’s customers.

"At EDH, we are keen to provide state-of-the-art theranostic products and solutions to our stakeholders and SHINE’s n.c.a Lu-177 will enable us to offer high specific activity Lu-177 to patients while addressing hospitals’ risks associated with waste management," said Hasan Ulas Ozcan, general manager of EDH Nuclear Medicine and Healthcare Services. "We are happy to partner with an innovative company like SHINE, which is aiming to become the world’s leading producer of medical isotopes, and we hope to extend our regions of operation with SHINE after successfully launching SHINE’s n.c.a. Lu-177 in selected countries."

"SHINE’s Lu-177 has the potential to improve the patient outcomes around the world with certain cancers," said Katrina Pitas, vice president and general manager of SHINE Therapeutics. "EDH is a strong partner for SHINE. Hasan and his team know the Eurasia region well and we look forward to working with them to ensure patients have access to this promising therapeutic isotope."

New research demonstrates the value of patient-specific cancer models in studies of metastasis and drug resistance.

On May 25, 2021 At the annual meeting of the American Association for Cancer Research (AACR) (Free AACR Whitepaper) (AACR 2021: April 10 – 15 th and May 17-21 st) scientists from Cellaria Inc. (Wakefield, MA, USA), a scientific innovator with breakthrough tools for cancer research, reported that it will present new work demonstrating the value of patient-specific cancer models in studies of metastasis, and the associated development of drug resistance (Press release, Cellaria, MAY 25, 2021, View Source [SID1234580535]). Cellaria offers models that accurately represent a diverse range of disease types, progression grades and genetic profiles. These enable researchers to study disease pathways and develop patient-specific therapies more effectively. The new research demonstrates the utility of patient-specific ovarian, breast and pancreatic cancer models in studies of the tumor microenvironment and the metastatic niche, illustrating their potential to improve the likelihood of success in clinical trials.

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Cellaria’s poster is entitled ‘Modeling the metastatic niche interactions between patient tumor and mesenchymal cells to identify drivers of chemotherapy drug resistance’. The process of metastasis involves cancer cells moving to and thriving in a foreign microenvironment. The Metastatic niche facilitates this process by performing functions such as anchorage, proliferation, and expansion. In this process, mesenchymal stem cells (MSC) sourced from adipose tissue were co-cultured in three-dimensional tumor spheroids to simulate the microenvironment of the metastatic niche. The resulting models were then tested with a broad range chemotherapeutic agent. The impact of different MSC seeding ratios on the resulting response curve was investigated.

The results show that chemotherapeutic response is dependent on MSC seeding ratio, but that even at low levels MSCs have an impact on the drug response of metastatic tumor spheroids. These effects are observed across the patient profile spectrum, with each cancer type. Though there is detectable variation, the strength of the effect is not homogeneous. Disease type, MSC ratio, and drug utilized all influence the observed results. A key conclusion from the work is that the models provide a reproducible, easily scaled tool for assessing the efficacy of chemotherapeutic drugs with respect to metastatic tumors, thereby supporting the development of more effective, precisely targeted therapies.

Moleculin Commences Phase 1b/2 Clinical Trial of Annamycin for the Treatment of Sarcoma Lung Metastases

On May 25, 2021 Moleculin Biotech, Inc., (Nasdaq: MBRX) ("Moleculin" or the "Company"), a clinical stage pharmaceutical company with a broad portfolio of drug candidates targeting highly resistant tumors and viruses, reported it has received clearance to initiate its Phase 1b/2 clinical trial evaluating Annamycin for the treatment of soft tissue sarcoma (STS) lung metastases (Press release, Moleculin, MAY 25, 2021, View Source [SID1234580551]). The first of several planned clinical sites is now open and the Company expects to begin patient enrollment.

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Soft tissue sarcomas are the most common form of sarcoma, accounting for an estimated 130,000 incident cases per year worldwide. While many sarcomas can be addressed through surgical removal, it is estimated that as many 20% to 50% of STS sarcomas will eventually metastasize to the lungs, where treatment can become more challenging. Recently published animal data suggests that the efficacy of the current standard of care chemotherapy (doxorubicin) may be limited due to its inability to accumulate sufficiently in the lungs. The use of doxorubicin and other currently approved anthracyclines for STS lung metastases is further limited due to their inherent cardiotoxicity, which limits the amount of anthracycline that can be given to patients.

Annamycin is the Company’s next-generation anthracycline that has been shown in animal models to accumulate in the lungs at up to 30-fold the level of doxorubicin. Importantly, Annamycin has also demonstrated a lack of cardiotoxicity in recently conducted human clinical trials for the treatment of acute myeloid leukemia (AML), and the Company believes that the use of Annamycin may not face the same usage limitations imposed on doxorubicin. Annamycin is currently in development for the treatment of AML and STS lung metastases.

"We remain dedicated to advancing this program forward and are pleased to have received clearance to begin patient enrollment. With the data seen to-date, we believe Annamycin has the potential to be the first non-cardiotoxic anthracycline and address the limitations with current treatment options. Our clinical teams are diligently working to complete additional site initiations and get patient enrollment and dosing underway as efficiently and expeditiously as possible," commented Walter Klemp, Chairman and CEO of Moleculin.

The Phase 1b/2 study is a a multi-center, open-label, single-arm study that in Phase 1b will determine the maximum- tolerated dose (MTD) or the recommended Phase 2 dose (RP2D) and safety of Annamycin and in Phase 2 will explore the efficacy of Annamycin as a single agent for the treatment of subjects with STS with lung metastases for which chemotherapy is considered appropriate. A minimum of 3 subjects for each dosing cohort will be enrolled in the Phase 1b portion of the study until an MTD is identified. A maximum of 25 subjects will be enrolled at the RP2D to further evaluate efficacy.

Based on a recently announced reimbursement grant awarded in Poland, the Company also expects a second Phase 1b/2 clinical trial of Annamycin in sarcoma lung metastases to be initiated in 2021, which will be primarily investigator-funded in Europe.

Annamycin has been granted Fast Track Status and Orphan Drug Designation from the U.S. Food and Drug Administration for the treatment of STS lung metastases.

Verastem Oncology to Present at the 2021 Jefferies Virtual Healthcare Conference

On May 25, 2021 Verastem, Inc. (Nasdaq: VSTM) (also known as Verastem Oncology), a biopharmaceutical company committed to advancing new medicines for patients battling cancer, reported that the Company will present at the 2021 Jefferies Virtual Healthcare Conference on Tuesday, June 1, 2021 at 4:00 p.m. ET (Press release, Verastem, MAY 25, 2021, View Source [SID1234580567]).

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