Interline Therapeutics Launches With $92 Million to Map and Correct Dysfunctional Protein Communities

On May 13, 2021 Interline Therapeutics, a Foresite Labs incubated company focused on systematically elucidating protein communities to define molecular mechanisms of disease, reported that the company has raised $92 million (Press release, Interline Therapeutics, MAY 13, 2021, View Source [SID1234627668]). Foresite Capital and ARCH Venture Partners co-led the financing, which will be used to expand the research platform and advance six preclinical therapeutic programs.

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Dysfunctional protein communities drive disease

Proteins have generally been studied as isolated entities, but in nature function in protein communities – interconnected networks of dynamic protein interactions. Medical researchers have been limited by an incomplete understanding of how these communities impact common diseases, lowering the likelihood of successful drug development.

Reshaping protein communities to treat common diseases

Interline Therapeutics uses genomics, proteomics, structural biology and computational chemistry to systematically map and modulate protein communities. Interline is leveraging recent advancements in these technologies, as well as collaborations with leading academic groups, to develop a precision medicine platform focused on three essential areas:

Genomics: Prioritize genetic variants that drive disease by altering protein communities
Communities: Identify the specific molecular mechanisms through which these variants change protein community dynamics, enabled by the application of machine learning
Modulators: Discover and characterize drugs that reshape these communities
The discovery platform will allow the company to identify new medicines targeting genetically validated signaling pathways and ensure that drug candidates comprehensively correct dysfunctional disease networks.

Interline was co-founded by CEO Zachary Sweeney, a scientist with a track record of growing and leading successful drug discovery groups. Company leaders bring decades of experience discovering innovative medicines at Amgen, Denali Therapeutics, Genentech, Novartis and Nurix. The team includes Nick Galli, Chief Operating Officer, Don Kirkpatrick, Chief Technology Officer, Mario Cardozo, Vice President Computational Chemistry and Cheminformatics, Anj Saha, Vice President Discovery Pharmacology and David Tully, Vice President Medicinal Chemistry.

"Biomedical research is newly enabled by advances in human genomic and proteomic technologies," said Zachary Sweeney, CEO. "We are excited to collaborate with leading research groups to develop a protein-focused roadmap for precision medicine."

The company will continue to collaborate with Foresite Labs in the fields of data science and genomics. Interline also launches with foundational collaborations with University of California San Francisco and Memorial Sloan Kettering Cancer Center, as well as an internationally recognized team of founding scientific advisors, including:

John Chodera, PhD, Associate Member and Laboratory Director, Sloan Kettering Institute, Memorial Sloan Kettering Cancer Center
Wade Harper, PhD, Chairman and Bert and Natalie Vallee Professor of Molecular Pathology and Cell Biology, Harvard Medical School
Nevan J. Krogan, PhD, Professor, Cellular and Molecular Pharmacology, UCSF, Director, Quantitative Biosciences Institutes, and Senior Investigator, Gladstone Institutes
Brenda Schulman, PhD, Director, Molecular Machines and Signaling, Max Planck Institute of Biochemistry
Mike Varney, PhD, Former Executive Vice President Research and Early Development of Genentech
"Interline has assembled a world-class set of scientific advisors and an outstanding leadership team," said Mike Varney, member of the company’s Board of Directors. "The company has made great progress toward mapping and understanding the perturbations in protein dynamics caused by genetic mutations, and leveraging these insights to correct the protein communities found in cancer and inflammation."

"By creating a platform to discover, understand and re-engineer protein interactions, we will find new approaches to treat debilitating diseases," commented Vikram Bajaj, PhD, co-founder and CEO of Foresite Labs. "Zach and the Interline team possess an incredible breadth of experience, and we are thrilled to help accelerate Interline’s growth."

Jay Parrish, PhD and Venture Partner at ARCH Venture Partners said, "Our investment in Interline Therapeutics reflects our commitment to their vision of protein-centric systems biology drug discovery. The platform allows for unique insights into mechanisms of serious illnesses with high unmet need, while delivering novel paths and high-impact therapeutics to tackle validated disease targets."

For more information about Interline Therapeutics, please visit www.interlinetx.com.

Dr. Chodera has served as a scientific advisor for and has financial interests in Interline Therapeutics, and has also provided consulting and advisory services to Foresite Labs. Memorial Sloan Kettering Cancer Center (MSK) has intellectual property rights and associated financial interests related to Interline Therapeutics by virtue of licensing agreements between MSK and Interline Therapeutics.

BeiGene Highlights Progress in Hematology at EHA2021 Virtual Congress

On May 12, 2021 BeiGene, Ltd. (NASDAQ: BGNE; HKEX: 06160), a global biotechnology company focused on developing and commercializing innovative medicines worldwide, reported that clinical results from its broad hematology program will be presented at the 26th European Hematology Association (EHA) (Free EHA Whitepaper) 2021 (EHA2021) Virtual Congress being held June 9 – 17, 2021 (Press release, BeiGene, MAY 12, 2021, View Source [SID1234579769]).

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"Following key head-to-head data from the positive ALPINE trial interim analysis and the previously announced ASPEN trial, we are thrilled to share additional updates from BRUKINSA’s broad global clinical program at EHA (Free EHA Whitepaper). In these trials, sustained responses with BRUKINSA treatment were observed consistently across multiple indications and patient subgroups, and it was well tolerated in patients, including those with previously treated B-cell malignancies who discontinued other BTK inhibitors due to intolerable adverse events," said Jane Huang, M.D., Chief Medical Officer, Hematology of BeiGene. "In addition to BRUKINSA, we are pleased to be presenting long-term efficacy results from our anti-PD-1 antibody tislelizumab in classical Hodgkin’s lymphoma, which is approved for use in China. We are also encouraged by the preliminary safety data of our novel investigational Bcl-2 inhibitor and look forward to further evaluating this recently advanced clinical candidate in combination with BRUKINSA for patients with hematologic malignancies."

To learn more about BeiGene’s research and development and activities around the EHA (Free EHA Whitepaper)2021 Virtual Congress, please visit View Source

Promising Head-to-Head and Long-Term Data Support BeiGene’s Aspiration to Improve Patient Outcomes for More Patients with BRUKINSA

Since its first-in-human study in 2014, a broad clinical program for BRUKINSA has provided a growing body of clinical evidence demonstrating its consistent efficacy and tolerability profile across B-cell malignancies, genotypes, and other patient characteristics. To further demonstrate the clinical profile of this molecule that was specifically designed to deliver complete and sustained inhibition of the BTK protein by optimizing bioavailability, half-life, and selectivity, BeiGene took a bold approach in the development of BRUKINSA, including two large-scale Phase 3 head-to-head trials against the first-generation BTK inhibitor ibrutinib:

ALPINE trial in relapsed or refractory (R/R) chronic lymphocytic leukemia (CLL) – in the recently announced positive interim results, BRUKINSA demonstrated superiority in objective response rate (ORR) per investigator assessment and non-inferiority in ORR per both investigator assessment and independent review committee (IRC). Data pertaining to progression-free survival (PFS), a secondary endpoint of the trial, were immature at the data cutoff for the interim analysis; however, the descriptive summaries of PFS showed an early trend favoring BRUKINSA. In addition, BRUKINSA demonstrated a statistically significant lower risk of atrial fibrillation or flutter compared to ibrutinib, and the overall safety profile of BRUKINSA was consistent with the previously seen profile in its clinical development program; and
ASPEN trial in Waldenström’s macroglobulinemia (WM) – in the results presented at last year’s ASCO (Free ASCO Whitepaper) and EHA (Free EHA Whitepaper) meetings, BRUKINSA demonstrated clinically meaningful improvements in safety and tolerability, including a lower risk of atrial fibrillation or flutter, and a favorable combined complete and very good partial response rate compared to ibrutinib.
In addition to the head-to-head trials demonstrating BRUKINSA’s clinical profile compared to ibrutinib, BRUKINSA is being evaluated in an ongoing Phase 2 trial in patients with previously treated B-cell malignancies who were intolerant to ibrutinib and/or acalabrutinib. Results from this trial at a prior data cutoff were presented in a poster at the 62nd ASH (Free ASH Whitepaper) Annual Meeting in December 2020, including that most intolerable adverse events patients experienced on other BTK inhibitors did not recur with BRUKINSA treatment, and that the vast majority of patients who were evaluable for response at the time of data cutoff maintained or improved their responses on BRUKINSA. Updated results from this trial will be presented at EHA (Free EHA Whitepaper)2021.

In June 2020, BRUKINSA received its first approvals in China in both R/R CLL and R/R mantle cell lymphoma (MCL). Long-term follow-up data from the clinical trials supporting these two approvals will be presented at EHA (Free EHA Whitepaper)2021. From results in the accepted abstracts, BRUKINSA demonstrated deep and durable responses across all subgroups in these trials, including high-risk patients, with a median follow-up over 33 months. No new safety signals were identified.

BeiGene will also share updates from the pivotal Phase 2 MAGNOLIA trial of zanubrutinib in patients with R/R marginal zone lymphoma at EHA (Free EHA Whitepaper)2021. Results from the MAGNOLIA trial were previously reported at ASH (Free ASH Whitepaper) 2020.

BeiGene to Present Long-Term Follow-up Data of Tislelizumab in Classical Hodgkin’s Lymphoma (cHL)

Immune checkpoint inhibitors have catalyzed a paradigm shift in cancer treatment since the initial clinical evaluation approximately 15 years ago. Based on preclinical evidence that binding to Fc gamma receptors (FcγR) on macrophages can compromise antitumor activity, tislelizumab was uniquely engineered with minimal FcγR-binding to abrogate a potential T-cell clearance and resistance mechanism and therefore potentially improve efficacy for patients.

In late 2019, tislelizumab received its first approval in China for patients with cHL who have received at least two prior therapies, based on clinical results from a pivotal Phase 2 trial conducted in China (NCT03209973). At the time of approval, with a median follow-up time of 14 months, the ORR as assessed by IRC was 76.9% (95% CI: 64.8, 86.5), including 61.5% of patients who achieved a CR, and the median PFS was not estimable (NE; 95% CI: 13.1, NE). Grade 3 and above adverse reactions occurring in ≥2% of patients included pneumonitis, weight increase, severe skin reactions and hypertension. At EHA (Free EHA Whitepaper)2021, long-term follow-up results from this trial will be available in an oral presentation.

BeiGene’s Growing Hematology Clinical Portfolio Now Includes Potent and Highly Selective BCL-2 Candidate BGB-11417

In addition to the established BRUKINSA and tislelizumab programs, BeiGene researchers are working to target other promising pathways to complement our existing medicines and drug candidates and expand our hematology portfolio for greater therapeutic potential, including BCL-2 – a protein known for its aberrant expression in many hematologic malignancies and promotion of cancer cell survival.

BGB-11417 is an investigational potent and highly selective BCL-2 inhibitor with a favorable pharmacokinetics profile. At EHA (Free EHA Whitepaper)2021, BeiGene will share preliminary safety data from an ongoing first-in-human Phase 1/1b study (NCT04277637) of BGB-11417 in patients with R/R B-cell malignancies. The Company also plans to evaluate the combination of BGB-11417 and BRUKINSA in patients with MCL and WM in the near future.

BeiGene’s Presentations at EHA (Free EHA Whitepaper)2021 Virtual Congress

Abstract #

Abstract Title

Session

Time

Lead Author

Oral Presentation

S207

Tislelizumab (BGB-A317) For Relapsed/Refractory Classical Hodgkin Lymphoma: Long-Term Follow-up Efficacy and Safety Results from A Phase 2 Study

Hodgkin lymphoma – Clinical

Presentation available on Friday, June 11 at 3:00 a.m. ET (9:00 CEST)

Live Q&A session on Sunday, June 13 at 10:00 a.m. ET (16:00 CEST)

Yuqin Song, M.D., Ph.D.

Beijing Cancer Hospital, China

Posters

EP783

Phase 2 Study of Zanubrutinib In Patients with Relapsed/Refractory Marginal Zone Lymphoma (MAGNOLIA Study)

Indolent and mantle-cell non-Hodgkin lymphoma – Clinical

Friday, June 11 at 3:00 a.m. ET (9:00 CEST)

Stephen Opat, MBBS, FRACP, FRCPA

Monash Health and Clinical Hematology Unit Monash University, Australia

EP64-2

Preliminary Results of the Phase 2 Study of Zanubrutinib in Patients with Previously Treated B-Cell Malignancies Intolerant to Ibrutinib and/or Acalabrutinib

Chronic lymphocytic leukemia and related disorders – Clinical

Friday, June 11 at 3:00 a.m. ET (9:00 CEST)

Mazyar Shadman, M.D.

Fred Hutchinson Cancer Research Center, University of Washington

EP789

Zanubrutinib In Patients with Relapsed/Refractory (R/R) Mantle Cell Lymphoma (MCL): Long-Term Efficacy and Safety Results from a Phase 2 Study

Indolent and mantle-cell non-Hodgkin lymphoma – Clinical

Friday, June 11 at 3:00 a.m. ET (9:00 CEST)

Yuqin Song, M.D., Ph.D.

Beijing Cancer Hospital, China

EP639

Zanubrutinib Monotherapy in Patients with Relapsed or Refractory Chronic Lymphocytic Leukemia: 34-Month Follow-up Results

Chronic lymphocytic leukemia and related disorders – Clinical

Friday, June 11 at 3:00 a.m. ET (9:00 CEST)

Wei Xu, M.D., Ph.D.

The First Affiliated Hospital of Nanjing Medical University, China

EP525

Preliminary Safety Data from Patients with Relapsed/Refractory (R/R) B-Cell Malignancies Treated with the Novel B-Cell Lymphoma 2 (Bcl2) Inhibitor BGB-11417

Aggressive Non-Hodgkin lymphoma – Clinical

Friday, June 11 at 3:00 a.m. ET (9:00 CEST)

Chan Y. Cheah, MBBS, FRACP, FRCPA, DMedSc

Sir Charles Gairdner Hospital and Pathwest Laboratory Medicine, University of Western Australia Medical School, Linear Clinical Research, Australia

EP805

Efficacy and Safety of Zanubrutinib Versus Rituximab-Based Chemoimmunotherapy in Waldenström Macroglobulinemia: Matching-Adjusted Indirect Comparisons

Indolent and mantle-cell non-Hodgkin lymphoma – Clinical

Friday, June 11 at 3:00 a.m. ET (9:00 CEST)

Jorge J. Castillo, M.D.

Dana-Farber Cancer Institute

EP1174

Cost-Effectiveness of Zanubrutinib Versus Ibrutinib in Adult Patients with Waldenström Macroglobulinemia

Quality of life, palliative care, ethics, and health economics

Friday, June 11 at 3:00 a.m. ET (9:00 CEST)

Jorge J. Castillo, M.D.

Dana-Farber Cancer Institute

BeiGene Oncology

BeiGene is committed to advancing best and first-in-class clinical candidates internally or with like-minded partners to develop impactful and affordable medicines for patients across the globe. We have a growing R&D team of approximately 2,300 colleagues dedicated to advancing more than 80 clinical trials involving more than 13,000 patients. Our expansive portfolio is directed by a predominantly internalized clinical development team supporting trials in more than 40 countries. Hematology-oncology and solid tumor targeted therapies and immuno-oncology are key focus areas for the Company with both mono- and combination therapies prioritized in our research and development. The Company currently markets three medicines discovered and developed in our labs: BTK inhibitor BRUKINSA in the United States, China, Canada, and additional international markets; and non-FC-gamma receptor binding anti-PD-1 antibody tislelizumab and PARP inhibitor pamiparib in China.

BeiGene also partners with innovative companies who share our goal of developing therapies to address global health needs. We commercialize a range of oncology medicines in China licensed from Amgen and Bristol Myers Squibb. We also plan to address greater areas of unmet need globally through our collaborations including with Amgen, EUSA Pharma, Bio-Thera, Seagen, Mirati Therapeutics, and Zymeworks. BeiGene has also entered into a collaboration with Novartis Pharma AG granting Novartis rights to develop, manufacture, and commercialize tislelizumab in North America, Europe, and Japan.

Inventiva reports first quarter 2021 financial information and updates on the collaboration with AbbVie in auto-immune diseases

On May 12, 2021 Inventiva (Euronext Paris and Nasdaq: IVA), a clinical-stage biopharmaceutical company focused on the development of oral small molecule therapies for the treatment of non-alcoholic steatohepatitis (NASH), mucopolysaccharidoses (MPS) and other diseases with significant unmet medical need, reported its cash position as of March 31, 2021 and its revenues for the first quarter of 2021, and provided an update on its collaboration with AbbVie in auto-immune diseases (Press release, Inventiva Pharma, MAY 12, 2021, View Source [SID1234579786]).

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Cash Position

As of March 31, 2021, Inventiva’s cash and cash equivalents stood at €107.8 million compared to €113.0 million as of December 31, 2020.

Net cash used in operating activities amounted to €7.8 million in the first quarter of 2021 compared to €3.6 million for the same period in 2020. R&D expenses for the first quarter, mainly driven by the development of lanifibranor in NASH, were up 22% compared to the first quarter of 2020. This increase in cash used is due to the preparation for the initiation of NATIV3, a Phase III clinical trial evaluating lanifibranor in NASH, while the first quarter of 2020 had been positively impacted by the receipt of a €4.2 million non-recurrent late payment of the 2018 research tax credit.

Net cash from investing activities for the first quarter of 2021 amounted to €1.1 million, as compared to no net cash from investing activities generated in the first quarter of 2020.

No net cash from financing activities was generated over the first quarter of 2021 while Inventiva recorded €14.6 million of net cash from financing activities for the same period in 2020, notably related to the issuance of €15 million (gross proceeds) of ordinary shares in February 2020.

Over the first quarter of 2021, the Company recorded a positive exchange rate effect on cash and cash equivalent of €3.7 million.

Considering its current R&D and clinical development programs, and excluding additional financial resources, Inventiva has adjusted its projected cash runway by one quarter, allowing the Company to finance its operating activities through the third quarter of 2022 compared to the fourth quarter of 2022 as previously communicated.

Revenues

The Company’s revenues for the first quarter of 2021 amounted to €0.1 million, similar to the amounts received in the first quarter of 2020.

Update on the collaboration with AbbVie in auto-immune diseases2

Cedirogant, a clinical stage RORγ inverse agonist co-discovered by Inventiva with potential in several auto-immune diseases, demonstrated promising activity as an oral psoriasis agent during a Phase Ib clinical trial3 led by AbbVie. Following these results, AbbVie has decided to move the drug candidate into a Phase IIb dose-ranging study, planned to be initiated in the second half of 2021.

As part of this collaboration, Inventiva is eligible to receive development, regulatory and commercial milestone payments as well as royalty payments. As such, the Company expects to receive another milestone payment upon the initiation by AbbVie of the Phase IIb clinical trial with cedirogant.

Next key milestones expected

Initiation of NATIV3 Phase III clinical trial evaluating lanifibranor in NASH – planned for the first half of 2021
Initiation by AbbVie of a Phase IIb clinical trial with cedirogant – expected in the second half of 2021
Strategy update on the development of odiparcil – planned for 2021
Publication of the results of the Phase II clinical trial evaluating lanifibranor for the treatment of Non-Alcoholic Fatty Liver Disease (NAFLD) in patients with type 2 diabetes (T2DM) – planned for the first half of 2022

Upcoming investor conference participation

Jefferies Virtual Healthcare Conference, June 1-4, 2021
SVB Leerink CybeRx Series: Liver Disease Day, June 17, 2021
Citi’s 16th Annual BioPharma Conference 2021, September 8-9, 2021
H.C. Wainwright 23rd Annual Global Investment Conference, September 13-15, 2021
Portzampac Health Biotech Seminar 2021, October 6, 2021
Stifel Healthcare Conference 2021, November 16-17, 2021
Jefferies 2021 London Healthcare Conference, November 16-18, 2021

Upcoming scientific conference participation

International Liver Congress 2021, June 23-26, 2021
Paris NASH Meeting, October 22-23, 2021
AASLD The Liver Meeting, November 12-15, 2021

Next financial results publication

Revenues and cash position for the first half of 2021: Wednesday, July 28, 2021 (after U.S. market close)

Salarius Pharmaceuticals Reports First Quarter Financial Results with Business Highlights

On May 12, 2021 Salarius Pharmaceuticals, Inc. (Nasdaq: SLRX), a clinical-stage biopharmaceutical company developing potential new medicines for patients with pediatric cancers, solid tumors, and other cancers, reported important corporate events and its financial results for the first quarter ended March 31, 2021 (Press release, Salarius Pharmaceuticals, MAY 12, 2021, View Source [SID1234579802]).

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Financial Highlights:

Total cash and cash equivalents of $36.6 million as of March 31, 2021 resulting from financing activities including $23.0 million gross proceeds in an underwritten public offering closed March 8, 2021; Cash position sufficient to fund the current seclidemstat clinical trials through completion

Three-month period ended March 31, 2021 net loss per common share – basic and diluted – of $0.06, compared to $0.22 for the same period ended March 31, 2020
"The first quarter of 2021 and recent months were a period of significant activity for Salarius, with the company accomplishing several key milestones, including strengthening our capital position with more than $30 million gross proceeds raised during the quarter, the completion of the dose-escalation stage of the Phase 1/2 trial of seclidemstat in Ewing sarcoma, and the initiation of the dose-expansion stage of the trial, which now also includes FET-rearranged sarcomas, also known as Ewing-related sarcomas which share biology similar to Ewing sarcoma," said David Arthur, President and CEO of Salarius. "As a result, Salarius is operating from a position of strength as we work to advance our clinical trials exploring seclidemstat as a potential treatment for Ewing sarcoma, select FET-rearranged sarcomas, advanced solid tumors and hematologic cancers. By mid-year 2021, we expect up to three total active clinical trials in up to five patient populations evaluating single-agent seclidemstat and up to three combination therapies."

Recent Business and Corporate Events:

Completion of dose escalation in Phase 1/2 Ewing sarcoma clinical trial determined seclidemstat’s safety profile and established recommended Phase 2 dose (RP2D)
A refractory Ewing sarcoma patient treated with single-agent seclidemstat for 168 days (six 28-day cycles) demonstrated preliminary signal of drug activity
Full findings from dose escalation to be disclosed in poster presentation session followed by a poster discussion during the 2021 American Society of Clinical Oncology (ASCO) (Free ASCO Whitepaper) Annual Meeting; one of three abstracts accepted for poster presentation during the ASCO (Free ASCO Whitepaper) Annual Meeting
Preliminary efficacy from an ongoing Phase 1 dose-escalation trial of seclidemstat in patients with advanced solid tumors (AST) supports inclusion of FET-rearranged sarcomas in Ewing sarcoma trial
Subset of FET-rearranged sarcoma patients treated with seclidemstat in the AST clinical trial demonstrated encouraging signs of drug activity
Preliminary efficacy findings from the dose-escalation stage of AST trial to be reported in a poster session during 2021 ASCO (Free ASCO Whitepaper) Annual Meeting
Dose expansion initiated; actively recruiting three patient groups across Ewing sarcoma and FET-rearranged sarcomas; data expected in 2022
Ewing sarcoma patients to be treated with seclidemstat in combination with topotecan and cyclophosphamide as a second- or third-line therapy
FET-rearranged sarcoma patients, including myxoid liposarcoma, to be treated with single-agent seclidemstat as second-, third- or fourth-line therapy
Mr. Arthur continued, "With initiation of the dose-expansion stage of the trial in Ewing and FET-rearranged sarcomas, we have positioned seclidemstat as a second- and third-line Ewing sarcoma therapy in combination with a common chemotherapy treatment. This increases the number of available patients and should make it easier for physicians to treat patients earlier in the continuum of patient care. Expanding the trial to include myxoid liposarcoma and other FET-rearranged sarcoma patients provides a potential new therapy for patients who are relapsed or refractory to standard of care treatment. Our goal is to make a difference in the lives of patients fighting cancer, and we believe making seclidemstat available to these patients is a step forward in this journey. In the coming months, we look forward to announcing new clinical trials studying seclidemstat in additional patient populations."

Three-Month Financial Results:
For the three-month period ended March 31, 2021, Salarius’ reported net loss was $1.9 million, or $0.06 per basic and diluted share, compared to a net loss of $2.1 million, or $0.22 per basic and diluted share for the same period in 2020. The loss before other income for the three-month period ended March 31, 2021 decreased by $0.6 million compared to the loss before other income for the same time span last year, primarily due to lower general and administrative costs that more than offset an increase in research and development costs.

Net cash used for operating activities during the three-month period ended March 31, 2021 totaled $2.7 million, a decline of approximately $1.0 million compared to the same span last year due to a $0.9 million payment received under the Company’s contract with the Cancer Prevention and Research Institute of Texas (CPRIT).

Conference Call Information:
Salarius Pharmaceuticals will host a conference call and live audio webcast on Wednesday, May 12, 2021, at 5:00 p.m. ET, to discuss its corporate and financial results for the first quarter 2021. Interested participants and investors may access the conference call by dialing either:

An audio webcast will be accessible via the Investors Events and Presentations section of the Company’s website View Source An archive of the webcast will remain available for 90 days beginning at approximately 5:30 p.m. ET, on May 12, 2021.

Xilio Therapeutics Presents Preclinical Tumor-Selective Activity and Tolerability Data for XTX101 at Frontiers in Cancer Immunotherapy Virtual Symposium

On May 12, 2021 Xilio Therapeutics, a biotechnology company developing tumor-selective immuno-oncology therapies for people living with cancer, reported the presentation of data from preclinical studies of XTX101, its tumor-selective anti-CTLA-4 antibody, demonstrating combination potential with anti-PD-1 therapy, as well as enhanced preclinical activity and improved tolerability compared to ipilimumab, an anti-CTLA-4 antibody therapeutic approved by the U.S. Food and Drug Administration (Press release, Xilio Therapeutics, MAY 12, 2021, View Source [SID1234579820]). The findings will be reported today in a poster presentation at The New York Academy of Sciences’ Frontiers in Cancer Immunotherapy 2021 Virtual Symposium.

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Xilio is leveraging its proprietary platform to engineer novel molecules that are designed to be activated in the tumor microenvironment and have the potential to result in localized clinical activity without dose-limiting toxicities. XTX101 is specifically designed to target the anti-CTLA-4 effect geographically within the tumor and to minimize off-tumor peripheral effects. XTX101 is activated in a protease-dependent manner with high binding affinity to CTLA-4, potentially enabling it to overcome CTLA-4 inhibition of T cell activation and freeing T cells to attack cancer.

"The broad clinical benefit of CTLA-4 blockade, as with ipilimumab, for the treatment of cancer is well-established; however, challenging toxicities arising from systemic immune activation have limited use of these agents as both monotherapy and in combination, including with anti-PD-1 agents," said Rónán O’Hagan, Ph.D., chief scientific officer of Xilio. "XTX101 has been engineered to overcome the tolerability and potency limitations associated with other anti-CTLA-4 antibodies by applying our proprietary masking technology to the antibody and engineering enhanced binding to target receptors. We believe these data validate our approach, and we observed that XTX101 induces tumor-selective biological activity and robust tumor growth inhibition, with favorable tolerability, in preclinical studies. We look forward to advancing XTX101 into a planned Phase 1 clinical trial in the second half of 2021."

Data reported in a poster entitled, "Tumor-Activated Anti-CTLA-4 Monoclonal Antibody, XTX101, Demonstrates Monotherapy and Anti-PD-1 Combination Benefit in Preclinical Models," include:

In a colon cancer model, the combination of XTX101 with an anti-PD-1 antibody showed robust tumor growth inhibition, including two complete responses (CRs) (n=8), where treatment with XTX101 or the anti-PD-1 agent as a monotherapy achieved only modest tumor growth inhibition and no CRs.
No significant body weight loss was observed in animals treated with either XTX101 or anti-PD-1 as a monotherapy or the combination regimen, suggesting that XTX101 can be effectively combined with anti-PD-1 without enhanced toxicity.
In a bladder cancer model, XTX101 monotherapy demonstrated tumor growth inhibition superior to ipilimumab, while a dose of 3 mg/kg of ipilimumab was required to achieve similar activity of XTX101 at 0.3 mg/kg, suggesting XTX101 has 10-fold higher potency than ipilimumab.
XTX101 as a monotherapy induced an increase in CD8+ T cells within the tumor, and a decrease in T regulatory cells in the tumor compared to ipilimumab. In addition, XTX101 achieved CRs without increasing CD4+ T cells in the blood.