CRCbioscreen announces publication of clinical validation data of a multitarget fecal immunochemical test for colorectal cancer screening

On July 26, 2021 CRCbioscreen, a Dutch diagnostics company, reported to developing a next generation stool test for population based ColoRectal Cancer or CRC screening, reported the publication of promising results of a diagnostic accuracy study with a multitarget immunochemical test (mtFIT) for early detection of CRC (Press release, CRC bioscreen, JUL 26, 2021, View Source [SID1234585204]). Data were published in the prestigious journal Annals of Internal Medicine. The researchers found that the combination of 3 biomarkers (hemoglobin, calprotectin and serpin F2) had significantly higher sensitivity compared with the standard FIT test, without compromising specificity. The mtFIT detects 35% more advanced adenomas, which could translate into 12% CRC incidence reduction and 8% CRC mortality reduction.

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

The paper was authored by a team of researchers and clinicians from the Netherlands Cancer Institute, Amsterdam, in collaboration with researchers from AmsterdamUMC and ErasmusMC in Rotterdam, The Netherlands.

Addition of protein biomarkers

The researchers used bio-banked residual FIT sample buffer from 1,284 patients to assess if the addition of protein biomarker quantification in stool could be used to improve the sensitivity of FIT, without sacrificing specificity. The patients were classified by their most advanced lesion – CRC, advanced adenomas, advanced serrated polyps, nonadvanced adenomas, and nonadvanced serrated polyps—and then classification and regression tree (CART) analysis was applied to biomarker concentrations in order to identify the optimal combination for detecting advanced neoplasia. Performance of this combination, the mtFIT, was cross-validated using a ‘leave-one-out’ approach and compared with FIT at equal specificity.

Sensitivity increased by 35% for advanced adenomas

The researchers found that the combination of 3 biomarkers (hemoglobin, calprotectin and serpin F2) had significantly higher sensitivity than FIT for advanced neoplasia (i.e. CRC and advanced precursor lesions) with equal specificity to FIT. The improvement was seen in the advanced adenomas, for which sensitivity was increased by 35%, while sensitivity for CRC and advanced serrated polyps did not change. The improved sensitivity for advanced adenomas may prove critical to improving FIT’s performance as a cancer prevention test. The authors estimate that when performed biennially and compared to traditional biennial FIT, mtFIT would reduce CRC incidence and mortality by 12% and 8%, respectively, assuming 73% adherence.

Finally, the mtFIT was also deemed cost-effective. Funding has been secured to conduct a prospective screening trial to further validate mtFIT within the context of the Dutch CRC screening program.

An independent editorial comment in the same issue of the journal commented on the study to be "important because the challenge of building a better screening test was approached from the perspective of an organized, population-based screening program, and it shows the potential of relatively inexpensive enhancements to the widely used FIT to improve sensitivity without sacrificing specificity" and "Ultimately, this study offers promise of incremental but important improvements in the effectiveness of population-based CRC screening through novel biomarker measurement using an existing screening platform."

Prof. Dr. Gerrit Meijer, CRCbioscreen’s CSO and principal investigator, commented:

"We are very pleased with the results of this diagnostic accuracy study. There is a need for a noninvasive screening test that has higher sensitivity for precursor lesions without increasing false-positive test results. This multitarget protein-based test shows a substantial improvement over FIT in detecting advanced adenomas, while the test logistics still remain fully compatible with that of current FIT based population screening programs. Early detection of colorectal cancer can save many lives. These data underscore our commitment to contribute to a substantial worldwide reduction in incidence and deaths due to this life-threatening disease."

Dr. Meike de Wit, CRCbioscreen’s COO and corresponding author, adds:

"These findings provide a solid basis for conducting a prospective screening trial in the context of the Dutch national CRC screening program. In that study, which is co-funded by CRCbioscreen and is planned to be launched this autumn, the multitarget FIT will be compared to FIT in 13,000 participants of the Dutch national colorectal cancer screening program."

Sirnaomics Plans $300 Million Hong Kong IPO for RNAi Portfolio

On July 26, 2021 Sirnaomics, a Maryland-Suzhou RNAi therapeutics company, reported that it filed to raise $300 million in a Hong Kong IPO. Sirnaomics has two siRNA therapeutics that target TGF-β1 and COX-2 for either local or systemic administration to treat cancers and fibrotic diseases (Press release, Sirnaomics, JUL 26, 2021, View Source [SID1234585221]). Both are in Phase II trials in the US and China. The initial filing did not announce a financial goal for the offering, but data in the prospectus implied a $300 million target. Sirnaomics completed a $105 million Series E round earlier this month after raising the same amount in a Series D last year.

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!


PULSE BIOSCIENCES SCHEDULES SECOND QUARTER 2021 FINANCIAL RESULTS CONFERENCE CALL FOR AUGUST 9, 2021

On July 26, 2021 Pulse Biosciences, Inc. (Nasdaq: PLSE), a novel bioelectric medicine company progressing Nano-Pulse Stimulation (NPS) technology, reported it will report financial results for the second quarter of 2021 after market close on Monday, August 9, 2021 (Press release, Pulse Biosciences, JUL 26, 2021, View Source [SID1234585237]). Company management will host a corresponding conference call beginning at 1:30pm PT.

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

Investors interested in listening to the conference call may do so by dialing 1-877-705-6003 for domestic callers or 1-201-493-6725 for international callers. A live and recorded webcast of the event will be available at View Source

Allarity Therapeutics and Lantern Pharma Enter into Agreement for Future Clinical Development of Irofulven

On July 26, 2021 Allarity Therapeutics A/S ("Allarity") and Lantern Pharma Inc. ("Lantern") reported that they have entered into an exclusive agreement under which Lantern will reacquire global rights to Irofulven ("LP-100") and assume full authority to manage and guide future clinical development and commercialization (Press release, Allarity Therapeutics, JUL 26, 2021, View Source [SID1234585174]).

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

Irofulven is a well-studied small molecule that causes bulky single strand DNA adducts that cause DNA damage in cancer cells, which can only be repaired by the transcription coupled nucleotide excision repair (TC-NER) pathway. This DNA modification stalls RNA polymerase II leading to transcription and cell cycle arrest and apoptosis in certain types of cancer cells. The drug was originally developed by MGI Pharma (USA) and Eisai (Japan), through Phase 3 clinical trials. Allarity acquired global exclusive rights to the drug through a license from Lantern in 2015 and initiated a Phase 2 clinical trial in Denmark aimed to benefit late-stage, metastatic, castration-resistant prostate cancer (mCRPC) patients. Lantern plans on pursuing further development and advancement of the drug candidate immediately.

Allarity has previously developed and retrospectively validated a companion diagnostic for Irofulven, using its DRP technology, which was utilized to select and enroll mCRPC patients in its Phase 2 clinical trial at sites in Denmark. Based, in part, upon early results (unpublished) of that trial (NCT03643107) Lantern has decided to reacquire the Irofulven program and will review the potential to advance clinical development of Irofulven in both bladder and prostate cancer patients who have a key mutation in the ERCC2/3 genes (excision repair cross-complementation group 2/3 genes). The genes encode a crucial TC-NER pathway protein (helicase subunit XPB) necessary for DNA damage repair, and it is postulated that patients having tumors harboring the ERCC2/3 gene mutations, and thus lacking the crucial DNA damage repair protein, may be more responsive to treatment with Irofulven.

Under the agreement, Lantern will purchase assets and reacquire global, exclusive rights to further develop and commercialize Irofulven, and Allarity will discontinue further involvement in the Irofulven program. Allarity will provide Lantern with existing, clinical grade drug inventory, manufacturing trade secrets and know-how, and certain data from Allarity’s current Phase 2 clinical study in mCRPC, along with a developed clinical protocol for the intended ERCC2/3 study. Lantern will also receive a license to utilize, in its sole discretion, Allarity’s Irofulven DRP companion diagnostic in future clinical development and commercialization of the drug. Allarity will receive an upfront payment from Lantern, development and regulatory milestone fees, which payments together total, if all milestones (including regulatory marketing approval in the U.S. and EU) are met, up to approximately U.S. $18 million, and tiered royalties on future sales of Irofulven. Further financial terms of the agreement were not disclosed.

Steve R. Carchedi, CEO of Allarity Therapeutics, commented "We are pleased to announce this promising agreement with Lantern Pharma, in order to build on our prior efforts to explore the clinical potential of Irofulven and advance the value of this pipeline asset. Providing Irofulven to selected patients with tumors harboring the ERCC2/3 mutations and resulting DNA damage repair defect represents a novel approach to potentially increasing the therapeutic benefit of Irofulven. Our agreement with Lantern on this program enables Allarity to remain focused on its top priority programs, while at the same time leveraging Lantern’s resources, expertise, and commercial position to continue clinically advancing Irofulven."

Panna Sharma, CEO of Lantern Pharma, further commented "Irofulven has the potential to have a key position in helping extend survival in bladder and metastatic prostate cancers, and potentially other cancers that harbor mutations in ERCC2/3 and other related genes. This program is very synergistic with our other drug candidates that are also focused on DNA damage repair and the NER pathway. Most importantly Irofulven has the potential to be an important compound for several challenging cancers that are impacting patients globally. We are looking forward to advancing and expanding the Irofulven program using our data-driven and precision approach aimed at future patient benefit from this therapy."

INOVIO to Report Second Quarter 2021 Financial Results on August 9, 2021

On July 26, 2021 INOVIO (NASDAQ: INO) reported that second quarter 2021 financial results will be released after the market close on August 9, 2021 (Press release, Inovio, JUL 26, 2021, View Source [SID1234585189]). Following the release, INOVIO will host a live conference call and webcast at 4:30 p.m. ET to discuss financial results and provide a general business update regarding its DNA Medicines Platform, including the company’s ongoing vaccine developments for COVID-19.

Schedule your 30 min Free 1stOncology Demo!
Discover why more than 1,500 members use 1stOncology™ to excel in:

Early/Late Stage Pipeline Development - Target Scouting - Clinical Biomarkers - Indication Selection & Expansion - BD&L Contacts - Conference Reports - Combinatorial Drug Settings - Companion Diagnostics - Drug Repositioning - First-in-class Analysis - Competitive Analysis - Deals & Licensing

                  Schedule Your 30 min Free Demo!

A live and archived version of the audio presentation will be available online at View Source This is a listen-only event but will include a live Q&A with analysts.