Prescient Therapeutics (ASX:PTX) returns successful immunogenicity results

On July 5, 2021 Prescient Therapeutics (PTX) reported that it recent results from testing show its entire platform has been substantially de-risked (Press release, Prescient Therapeutics, JUL 5, 2021, View Source;utm_medium=rss&utm_campaign=prescient-therapeutics-asxptx-returns-successful-immunogenicity-results [SID1234584589]).

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In silico immunogenicity testing of the company’s OmniCAR key binding components, SpyTag and SpyCatcher, evaluated the immune response against a new therapy, affecting safety and efficacy.

OmniCAR is a universal immune receptor platform enabling controllable T-cell activity and multi-antigen targeting with a single cell product. Prescient is developing OmniCAR programs for acute myeloid leukemia, solid tumours like breast, ovarian and gastric cancers, and glioblastoma multiforme, the most common form of brain cancer.

The immunogenicity of SpyTag and SpyCatcher was tested in silico by an independent US research provider to determine if either component has the potential to cause adverse immune responses that could compromise the therapy.

The results demonstrated both SpyTag and SpyCatcher have very low immunogenicity — significantly lower than a panel of humanised therapeutic antibodies already approved for human use.

In the case of CAR-T cell therapies, high levels of immunogenicity can impact CAR-T cell expansion and persistence, which can impact the overall safety and response to the treatment.

The company says the positive results re-risk the entire OmniCAR platform and trigger the next steps for development.

Prescient’s CEO and Managing Director, Steven Yatomi-Clarke, said the immunogenicity results could not have been better.

"In short, it gives us confidence that if these therapies are ultimately delivered to patients, that their immune systems will not impair the therapy itself. This is essential not only for Prescient’s three in-house OmniCAR programs, but also for potential external collaborators, who consider immunogenicity very stringently."

The new development follows Prescient finishing manufacturing and delivering critical components of the OmniCAR platform for several cancer targets and lentiviral vectors used to produce CAR-T cells.

The company says its development plans are on schedule to deliver the next important milestones.

"Together with our talented research team at Peter Mac, we are excited to progress our inhouse next generation cell therapies for cancer patients," said Mr Yatomi-Clarke.

The Prescient (ASX:PTX) share price rocketed 10% higher today. Here’s why

On July 5, 2021 Prescient Therapeutics Ltd (ASX: PTX) reported the back of news its cancer treatment drug, OmniCAR, has been substantially de-risked (Press release, Prescient Therapeutics, JUL 5, 2021, View Source;utm_medium=rss&utm_campaign=the-prescient-asxptx-share-price-rocketed-10-higher-today-heres-why [SID1234584590]).

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After reaching a multi-year high of 26.5 cents this morning, the Prescient share price has retreated slightly and is currently trading at 25 cents apiece, up 8.7%.

Today, Prescient announced positive results from in silico immunogenicity testing of SpyTag and SpyCatcher, OmniCAR’s key binding components.

Let’s take a look at today’s news from the cancer treatment development company.

Positive immunogenicity results
According to Prescient’s release, the results have de-risked the entire OmniCAR platform.

The in silico tests found SpyTag and SpyCatcher don’t inspire a negative response from human antibodies – meaning, the human body won’t attack the treatment itself.

In silico tests are done on a computer using algorithms. In this case, the tests mimicked the human body’s response to introduced medication.

OmniCAR combines controllable CAR T-cell therapy and multi-antigen targeting. According to Prescient, high levels of immunogenicity – a negative response from antibodies – can negatively impact CAR-T cell expansion and persistence, which can affect the safety and clinical response of the treatment.

OmniCAR is currently being developed to treat acute myeloid leukemia, Her2+ solid tumours (including breast, ovarian and gastric cancers), and the most common form of brain cancer, glioblastoma.

Today’s development follows the successful completion of manufacturing and delivery of critical components of the OmniCAR platform.

Commentary from management
Prescient CEO and managing director Steven Yatomi-Clarke commented on the results, saying:

The immunogenicity results could not have been better. In short, it gives us confidence that if these therapies are ultimately delivered to patients, that their immune systems will not impair the therapy itself.

This is essential not only for Prescient’s three in-house OmniCAR programs, but also for potential external collaborators, who consider immunogenicity very stringently.

FDA Approves Jazz Pharma’s Rylaze for Treating Common Leukemia in Children

On July 5, 2021 Jazz Pharmaceuticals reported that it is flying high after hitting two back-to-back regulatory milestones late last month (Press release, Jazz Pharmaceuticals, JUL 5, 2021, View Source [SID1234584747]). The first was obtaining a seven-year Orphan Drug Exclusivity for Xywav, the latest contender from its array of treatments for daytime sleepiness. Then, days later, the Dublin-based biopharma announced notching a speedy FDA approval for its blood cancer drug.

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On June 30th, Rylaze (asparaginase erwinia chrysanthemi (recombinant)-rywn) was greenlighted as a component of a chemotherapy regimen designed for treating acute lymphoblastic leukemia (ALL) or lymphoblastic lymphoma (LBL) in both children and adults. The drug received accelerated approval from the agency under the Real-Time Oncology Review (RTOR) program.

"We are excited to bring this important new treatment to patients who are in critical need, and we are grateful to FDA for the approval of Rylaze based on its established safety and efficacy profile. We are pleased Rylaze was approved before the trial is complete and are diligently working to advance additional clinical trial data," said Bruce Cozadd, Chairman, and CEO of Jazz Pharmaceuticals, in a statement.

"We are committed to quickly engaging with FDA to evolve the Rylaze product profile with additional dosing options and an IV route of administration."

L-Asparignase as an ALL Treatment

ALL is a rare type of blood cancer but still accounts for 30% of all cancers in children. In 1953, a discovery by Dr. John Graydon Kidd led to the widespread use of L-asparaginase as a treatment for ALL. It was found that the deprivation of the amino acid, L-asparagine, sends the leukemic cells into starvation mode, eventually killing them owing to the blockage in DNA, RNA, and protein synthesis.

Over the years, asparaginase derived from Escherichia coli was typically used as first-line therapy, but around two-thirds of patients were found to develop an allergic reaction. Such patients continued treatment with Erwinia chrysanthemi asparaginase.

Encouraging Trial Data

Rylaze is a recombinant erwinia asparaginase produced from a novel Pseudomonas fluorescens expression platform. The FDA approval was based on encouraging data from an ongoing Phase 2/3 trial that assessed the drug’s safety, tolerability, and efficacy. The study evaluated Rylaze in pediatric and adult patients with ALL or LBL who have had an allergic reaction to E. coli-derived asparaginases and have not previously received asparaginase from erwinia chrysanthemi.

Results from the first of three cohorts showed that patients who received 25 mg/m2 of Rylaze through intramuscular injection achieved intended levels of serum asparaginase activity, and nearly 94% of them maintained ≥ 0.1 U/mL of enzyme levels at 48 hours after administration.

"The accelerated development and approval of Rylaze marks an important step in bringing a meaningful new treatment option for many ALL patients – most of whom are children – who cannot tolerate E. coli-derived asparaginase medicine," said Dr. Luke Maese, Assistant Professor at the University of Utah, Primary Children’s Hospital and Huntsman Cancer Institute.

"Before the approval of Rylaze, there was a significant need for an effective asparaginase medicine that would allow patients to start and complete their prescribed treatment program with confidence in supply," he added.

Jazz reported total revenue of $2.36 Billion in 2020, of which $1,757.0 million was brought in by its combined oxybate business. Meanwhile, its total oncology net product sales accounted for $554.5 million. With the approval of some new oncology drugs, the company would be expected to exceed that number this year.

Prescient shares rip higher as immunogenicity testing results for OmniCAR ‘could not have been better’

On July 5, 2021 Prescient Therapeutics reported The results significantly de-risk the project as PTX continues development of its OmniCAR platform (Press release, Prescient Therapeutics, JUL 5, 2021, View Source;utm_medium=rss&utm_campaign=prescient-shares-rip-higher-as-immunogenicity-testing-results-for-omnicar-could-not-have-been-better [SID1234584593]).

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As it builds out its OmniCAR cancer treatment platform, clinical stage oncology company Prescient Therapeutics (ASX:PTX) has updated investors with a run of positive news flow in recent weeks.

And that run continued this morning as PTX announced strong results upon completion of its in silico (computer simulated) immunogenicity testing program.

The testing program was carried out on SpyTag and SpyCatcher – Prescient’s two proprietary components that bind cancer-fighting T-cells with a targeting ligand in order to target specific proteins.

Results "could not have been better"
Investors responded to the update, sending shares in PTX more than 13 per cent higher in morning trade to 26c.

"Immunogenicity testing evaluates the body’s immune response against a new therapy, which can adversely affect safety and efficacy", PTX explained.

In that context, the immunogenicity results for SpyTag and SpyCatcher "could not have been better", CEO Steven Yatomi-Clarke said.

The immunogenicity levels were "lower than a panel of humanised therapeutic antibodies already approved for human use", an equivalent to existing antibodies produced naturally by the human body.

"In short, it gives us confidence that if these therapies are ultimately delivered to patients, that their immune systems will not impair the therapy itself," Yatomi-Clarke said.

That marks a key step forward not only for the development of Prescient’s three in-house OmniCAR programs, but also for potential partners and collaborators that want to licence the OmniCAR platform.

"These results substantially de-risk the entire platform and are important for progressing Prescient’s in-house programs and external collaborations with OmniCAR," Prescient said.

The immunogenicity results follow on from a key manufacturing milestone last month, when Prescient announced production was complete for a range of binders that target multiple cancers.

And today’s update confirms the PTX management team continues to execute on both its in-house CAR-T treatment and the OmniCAR licensing platform.

The company is developing OmniCAR programs for the treatment of myeloid leukemia; Her2+ solid tumours (including breast, ovarian and gastric cancers), and glioblastoma multiforme (the most common form of brain cancer).

Development remains ongoing at the world-leading Peter MacCallum cancer research centre in Melbourne.

This article was developed in collaboration with Prescient Therapeutics, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

Scandion Oncology announces that its President & CEO has bought 10,800 shares in Scandion Oncology

On July 5, 2021 Scandion Oncology A/S ("Scandion Oncology") reported that its President & CEO, Bo Rode Hansen, has bought additional 10,800 shares in Scandion Oncology resulting in a total holding on 35,900 shares in the Company (Press release, Scandion Oncology, JUL 5, 2021, View Source;ceo-has-bought-10-800-shares-in-scandion-oncology,c3380226 [SID1234584594]).

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