BioTheryX to Participate in Upcoming Scientific and Investor Events

On February 15, 2021 BioTheryX, Inc., a clinical-stage company focused on degrading proteins to create life-saving medicines, reported that the company will participate virtually in the following scientific and investor events (Press release, BioTheryX, FEB 15, 2021, View Source [SID1234575080]):

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Targeted Protein Degradation & PROTAC Symposium
Tuesday, February 16, 2021, 16:30 GMT
Aparajita Hoskote Chourasia, Ph.D., Senior Director of Biology, will give a presentation entitled, "Developing Novel Cereblon-Directed PHMs as First-in-Class Targeted Protein Degradation Therapies".
North American Protein Degradation Congress
Tuesday, February 23, 2021, 3:00 pm ET
Leah Fung, VP, Medicinal Chemistry, will give a presentation entitled, "BioTheryX is Leveraging Novel Cereblon-Directed Molecular Glues to Discover First-in-Class TPD Therapies for Oncology".
LifeSci Partners Precision Oncology Day
Wednesday, February 17, 2021, 1:00 PM ET
Rob Williamson, President and CEO, will present an overview on the company’s targeted protein degradation platform and the management team will participate in 1x1s with investors.
BMO BioPharma Spotlight Series: Targeted Protein Degradation and Other Next Gen Protein Technologies
Thursday, February 18, 2021, 10:30 AM ET
Rob Williamson, President and CEO, will participate in a panel entitled "Ligating Competitors for Collaboration in the Protein Degradation Space", moderated by BMO analysts Matt Luchini and Nick Lenard.
Additional panel participants include Ian Taylor, CSO, Arvinas; Stew Fisher, CSO, C4 Therapeutics; and Jared Gollob, CMO, Kymera. In addition to the panel, the BioTheryX management team will also participate in 1x1s with investors during the event.
2021 SVB Leerink Global Healthcare Conference
Tuesday, February 23, 2021
The BioTheryX management team will participate in 1x1s with investors.

NICE rejects Lilly’s Verzenios for advanced breast cancer

On February 15, 2021 , Eli Lilly reported The UK’s National Institute for Health and Care Excellence (NICE) has not recommended Eli Lilly’s Verzenios (abemaciclib) with fulvestrant for the treatment of advanced breast cancer patients (Press release, Eli Lilly, FEB 15, 2021, View Source [SID1234575342]).

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Lilly had been seeking a recommendation within Verzenios’ marketing authorisation, for treating hormone receptor-positive, human epidermal growth factor receptor 2 (HER2)-negative advanced breast cancer in adults who have had endocrine therapy.

NICE has reviewed additional evidence, collected as part of the Cancer Drugs Fund (CDF) managed access agreement for Verzenios plus fulvestrant in these breast cancer patients, to make this appraisal.

Typically, people with hormone receptor-positive, HER2-negative advanced breast cancer receive exemestane plus everolimus after endocrine therapy.

NICE said that there is uncertainty around Verzenios plus fulvestrant treatment because there is no evidence directly comparing this therapy to exemestane plus everolimus.

However, an indirect comparison suggests that people receiving Verzenios plus fulvestrant have longer before their disease progresses and live longer compared to people having exemestane plus everolimus.

NICE added that it is unclear how long people would have treatment for and therefore how much the treatment would cost.

On the cost-effectiveness front, NICE said that because of these uncertainties, estimates vary.

The ‘most likely’ estimates are higher than what NICE usually considers a cost-effective use of NHS resources.

"[The] news that NICE has been provisionally unable to approve Verzenios with fulvestrant for routine use on the NHS following its time on the Cancer Drugs Fund is a devastating blow for thousands of women with incurable secondary breast cancer who could benefit from this innovative treatment in future," said Delyth Morgan, chief executive at Breast Cancer Now.

"Verzenios with fulvestrant is an example of continued advances in treatment and care for secondary breast cancer and it’s deeply concerning that new patients could be denied the chance to benefit from this progress.

"While treatment will continue for women currently receiving it, NICE, NHS England and Lilly UK must work swiftly together to explore all possible solutions to see this provisional decision reversed, including considering additional discounts. Unless this happens, patients in the future will pay the price of being denied the precious chance this treatment brings to live well for longer," she added.

The draft recommendation will not affect treatment for those who have already been receiving Verzenios plus fulvestrant via the CDF.

The combination treatment will no longer be available in the CDF for this indication if the final guidance does not recommend Verzenios plus fulvestrant therapy.

Notice Concerning Determination of Certain Details Relating to the Issuance of Share Purchase Warrants

On February 15, 2021 Kuraray Co., Ltd. (hereinafter "Kuraray" or "the Company") reported details of outstanding items in connection with the Company’s decision to issue share purchase warrants as part of a stock-linked compensation plan (Press release, Kuraray, FEB 15, 2021, https://pdf.irpocket.com/C3405/ng2K/nikM/NTCq.pdf [SID1234575067]). The decision to offer share purchase warrants, identified as "Kuraray Co., Ltd. Share Purchase Warrants issued in February 2021" was first made at a Board of Directors’ meeting held on January 20, 2021. Brief details of outstanding items are provided as follows.

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1. Total number of allotted share purchase warrants 197 units (the number of shares to be granted per share purchase warrant is 500)

2. Parties eligible for allotment (hereinafter "Rights Holders") and number of allotted
share purchase warrants

3. Type and number of shares to be issued upon the exercise of share purchase warrants 98,500 shares of Kuraray common stock 4. Total payment due upon exercise of share purchase warrants Payment per share purchase warrant ¥587,000 (Payment per share ¥1,174)

Synlogic to Present at Upcoming Virtual Banking and Industry Conferences

On February 15, 2021 Synlogic, Inc. (Nasdaq: SYBX), a clinical stage company bringing the transformative potential of synthetic biology to medicine, reported that Aoife Brennan, M.B. Ch.B., Synlogic’s President and Chief Executive Officer, and other members of the executive team will present at the following virtual banking and industry conferences (Press release, Synlogic, FEB 15, 2021, View Source [SID1234575069]):

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BIO CEO & Investor Digital Conference: Dr. Brennan will have an on-demand presentation starting on Tuesday, February 16, 2021.
Cantor Fitzgerald Industry Panel: Dr. Brennan will present at 10:00 am on Thursday, February 18, 2021.
SVB Leerink 10th Annual Global Healthcare Conference: The Company will present at 5:00 pm on Thursday, February 25, 2021.
Cowen 41st Annual Health Care Conference: The Company will present at 9:10 am on Thursday, March 4, 2021.
H.C. Wainwright Global Life Sciences Conference: The Company will present at 4:00 pm on Tuesday, March 2, 2021.
Chardan’s 3rd Annual Microbiome Medicines Summit: The Company will present at 1:30 pm on Monday, March 8, 2021.
These are virtual events. A live webcast of the presentations, if available, can be accessed under "Event Calendar" in the Investors & Media section of the Company’s website. An archived copy of the webcast will be available on the Synlogic website for approximately 30 days after the event.

Sysmex Receives Approval for a Partial Change to the OncoGuide™ NCC Oncopanel System for Use in Cancer Genome Profiling(PDF?238KB)

On February 15, 2021 Sysmex Corporation (HQ: Kobe, Japan; Chairman and CEO: Hisashi Ietsugu) reported that on February 1, 2021, it received approval for a partial change to the manufacturing and marketing approval for the OncoGuide NCC Oncopanel System,1 a gene mutation analysis set for use in cancer genome profiling (the "System"), which was made as a result of an enhancement of the System’s functions, including an expanded scope of detectable gene mutations (Press release, Sysmex, FEB 15, 2021, View Source [SID1234575070]). With this change, it has become possible to detect mutations and copy number alterations of 124 genes, fusions 2 of 13 genes, and microsatellite instability3 (MSI), up from the mutations and copy number alterations of 114 genes before. These enhancements allow for more detailed gene information that aids in cancer diagnosis and treatment and selection of anti-cancer drugs. The System also detects germline variants4 of all 124 genes for reference purposes and provides them as part of the results.

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Since receiving manufacturing and marketing approval in December 2018, the System has been introduced into clinical settings to perform tests that provide information useful in determining treatment methods, including diagnosis and the selection of anti-cancer drugs. Capable of obtaining comprehensive cancer genome profiles by measuring 114 cancer-related genes in tumor tissues for analysis of all solid tumors, the System has been instrumental in analyzing mutations of cancerspecific genes. Meanwhile, there is a pressing need for a technique that more accurately monitors gene mutations associated with existing cancers and expands the number of detectable genes in pursuit of more comprehensive cancer genome profiling. This would allow for greater diagnostic accuracy and the selection of anti-cancer drugs with higher efficacy.

On February 1, 2021, Sysmex received approval for a partial change to the manufacturing and marketing approval of the System, regarding the enhancement of its functions, including greater scope of detectable gene mutations. With this enhancement, it has become possible to detect the fusions of 13 genes, including the NTRK3 gene,5 which is detected in a tumor-agnostic manner, as well as mutations of 124 genes, regardless of fusion partners. Detection of MSI has also been made possible, as it appears to be related to abnormalities in the ability to repair DNA and thus serves as evidence that cancer is likely to occur. The System also detects germline variants of all 124 genes for reference purposes and provides them as part of the results of the matched-pairs test6 that the System performs using tumor and nontumor tissues (blood). It is expected that these additional functions will make it easier to select drugs targeting patientspecific mutations and improve treatment outcomes.

RIKEN Genesis Co., Ltd., a subsidiary of Sysmex that provides cancer genome profiling lab-assay services, aims to promptly commence genetic testing using the System with the additional functions included in this approval.

Sysmex remains committed to contributing to the development and advancement of personalized healthcare by working to increase testing opportunities for patients and creating high-value-added testing and diagnosis technologies.

Product Overview Generic name: Gene mutation analysis set (for use in cancer genome profiling)
Name: OncoGuide NCC Oncopanel System (In vitro diagnostic medical device registration number: 23000BZX00398000 / Obtained on: December 25, 2018)
Manufacturer and seller: Sysmex Corporation
Target market: Japan
Target institutions: Medical institutions that have in place diagnostic systems appropriate for cancer genome profiling

Overview of the application for approval of partial change-Addition of a gene panel for analysis (from 114 genes to 124 genes)
-Addition of a function to detect microsatellite instability (MSI)
-Version upgrade of software as a result of the improvement to the OncoGuide NCC Oncopanel Analysis Program
-Partial change to the composition of the OncoGuide NCC Oncopanel Kit
-Extension of expiry dates of the OncoGuide NCC Oncopanel Kit (from nine months to 12 months) Approval obtained: February 1, 2021.

Reference
Press release dated December 25, 2018: "Sysmex Receives Manufacturing and Marketing Approval to Use the OncoGuide NCC Oncopanel System in Cancer Genome Profiling" View Source

Press release dated February 21, 2019: "Commencement of Assay Service Using the OncoGuide NCC Oncopanel System in Cancer Genome Profiling" View Source

Press release dated May 31, 2019: "The OncoGuide NCC Oncopanel System Receives Insurance Coverage for Use in Cancer Genome Profiling" View Source Press release dated April 1, 2020: "Advanced Medical Care Approval for Cancer Gene Panel Testing at the Time of Initial Treatment" View Source

Terminology
1 OncoGuide NCC Oncopanel System: On December 25, 2018, Sysmex received manufacturing and marketing approval for the System as Japan’s first medical device for cancer genome profiling under the Ministry of Health, Labour and Welfare’s Sakigake Designation system. This combination medical device was subsequently covered under the NHI as of June 1, 2019. NHI coverage for D006-19 cancer genome profiling using the System includes patients with solid tumors for which no standard treatment exists and patients with solid tumors confirmed to have spread locally or metastasized (including patients for whom treatment is expected to conclude). Coverage is limited to cases in which the attending physician determines the potential for applying chemotherapy following this testing is high, based on chemotherapy guidelines from related societies and the patient’s general status and organ function. Its utility at the time of initial treatment was assessed in the study which was applied as Advanced Medical Care as described in the press release dated April 1, 2020.

2 Gene fusion: A type of mutation where one gene (Gene A) fuses with another to behave as a single gene. Gene A fuses with various genes, but the System can detect the fusion of Gene A, regardless of the types of genes that fuse with Gene A.

3 Microsatellite instability (MSI): A phenomenon where repeated sequences called "microsatellites", short nucleotide repeats (from one to several bases per unit) in genomic DNA display a different number of repetitions in tumor tissues than in non-tumor (normal) tissues, due to malfunctions of the mismatch repair system that may occur during DNA replication.

4 Germline variants: Natural genetic variants involved in cancer risk or hereditary disorders.

5 NTRK3 gene: A gene that produces the protein involved in the differentiation and maintenance of neurons. It is believed that cancer is likely to occur when unnecessary cells multiply as abnormal proteins are produced by the NTRK fusion gene (the NTRK gene fusing with various other genes).
6 Matched-pairs test: A test that simultaneously sequences DNA from tumor tissues of a patient with solid cancer and non-tumor tissues (blood) of the same patient. Performed to confirm (for secondary findings) genetic mutations (variants) that may be determined as pathological, and unrelated to the primary purpose for testing.