Leidos Schedules Second Quarter 2021 Earnings Conference Call for August 3, 2021 at 8 a.m. (ET)

On June 29, 2021 Leidos (NYSE: LDOS), a FORTUNE 500 science and technology leader, reported that it has scheduled a conference call for Tuesday, August 3, 2021, at 8 a.m. (ET) its second quarter financial results for the period ending July 2, 2021 (Press release, Leidos, JUN 29, 2021, View Source [SID1234584467]). The company plans to issue its quarterly earnings press release before the conference call on August 3, 2021.

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The details for the earnings conference call follow:

Date: August 3, 2021

Time: 8 a.m. (ET)

To Listen via the Internet:
The company offers a live and replay audio broadcast of the conference call with corresponding supplemental information at View Source

A telephone playback of the second quarter earnings conference call is scheduled to be available beginning at 11:30 a.m. (ET) on August 3, 2021, through 11:59 p.m. (ET) on August 10, 2021. The replay will be accessible by calling 877-660-6853 (International callers: +1-201-612-7415), and entering conference ID 13720806.

An archived version of the webcast will be available on the Leidos Investor Relations website at View Source

Selexis and KBI Biopharma Enter into Agreements with Immatics for Integrated Approach to Advance Immatics TCR Bispecific Program Towards IND

On June 29, 2021 Selexis SA and KBI Biopharma (KBI), both JSR Life Sciences companies, reported that they have signed service agreements with Immatics N.V. (NASDAQ: IMTX; "Immatics"), a clinical-stage biopharmaceutical company active in the discovery and development of T cell redirecting cancer immunotherapies (Press release, Selexis
, JUN 29, 2021, View Source [SID1234584484]). The agreements focus on using integrated services from Selexis and KBI as part of Immatics’ development of TCR Bispecifics, called TCER (T Cell Engaging Receptors), that simultaneously recruit, activate and stimulate the patient’s own T cells to detect, target and attack tumor cells. Under the agreements, Selexis will utilize its SUREtechnology Platform and KBI will leverage its advanced analytics, process, formulation and cGMP manufacturing for Immatics’ IMA402 program.

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"Immatics is pushing beyond the limitations of traditional antibody-based therapies by investigating targets beyond the cell surface to treat solid tumors," said Dirk Lange, chief executive officer at Selexis and president and chief executive officer at KBI Biopharma. "The integrated workflow between Selexis’ SUREtechnology Platform and KBI’s development approach and cGMP Manufacturing is designed to rapidly advance complex, novel product candidates towards investigational new drug submissions, while also providing a strong foundation for subsequent late-stage development and commercialization. Working together to support Immatics provides us a significant opportunity to demonstrate the power of our integrated expertise. We’re excited to work with Immatics as the company advances its TCR Bispecific candidate IMA402 towards the clinic."

Immatics is developing targeted T cell receptor (TCR)-based immunotherapies with an emphasis on solid tumors through two distinct therapeutic modalities: Adoptive Cell Therapies (ACTengine) and antibody-like TCR Bispecifics (TCER). Due to their different modes of action, these modalities are designed to expand the therapeutic value for patients across a broad range of tumor types and stages and to provide a meaningful impact on the lives of cancer patients.

"Having delivered preclinical proof-of-concept for our TCR Bispecifics program IMA402 and having moved this program into GMP process development is a major achievement of Immatics," said Sven Berger, CMC Project Leader at Immatics.

"We have chosen Selexis and KBI because of their expertise in the development and manufacturing of bispecific antibodies. We are looking forward to working with them on our path towards IND for IMA402," commented Michael Mølhøj, Head of CMC Biologics at Immatics.

Selexis’ modular SUREtechnology Platform facilitates the rapid, stable, and cost-effective production of virtually any recombinant protein and provides seamless integration of the biologics development continuum, spanning discovery to commercialization. KBI Biopharma will use the enriched pool and the high-performance research cell banks generated by Selexis for process, analytical, and formulation development, and manufacturing of pre-clinical and clinical supplies of Immatics’ TCR Bispecifics.

IONTAS Collaboration With F-star Enters Oncology Phase 1 Clinical Trial

On June 29, 2021 IONTAS Limited (IONTAS), a leader in the discovery and optimization of fully human antibodies, reported that F-star Therapeutics, Inc. (NASDAQ: FSTX), has dosed the first patients in a Phase 1 clinical trial, with FS222, a CD137/PD-L1 bispecific antibody.

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IONTAS applied its proprietary technology to generate a component utilized within FS222, which was subsequently licenced to F-star. The initiation of this trial adds to the growing portfolio of antibodies generated by IONTAS that are entering clinical trials.

António Parada, CEO at IONTAS, commented: "We are delighted with the progress of this molecule, the platform offered by F-star taps into the growing number of bispecific antibodies entering the clinic and we are proud to be part of this movement. We wish F-star every success with the clinical trial and hope this can be the foundation of an effective cancer treatment."

Elicio Therapeutics Announces Initiation of Its Phase 1/2 Dose-Escalation Study of ELI-002 (AMPLIFY-201) in KRAS-Driven Cancers

On June 29, 2021 Elicio Therapeutics, a clinical-stage biotechnology company developing a pipeline of novel immunotherapies for the treatment of cancer and other diseases, reported the initiation of AMPLIFY-201, a Phase 1/2 dose-escalation study evaluating the safety and preliminary efficacy of ELI-002, the Company’s therapeutic vaccine that is being investigated as a potential treatment for patients with KRAS-driven tumors who have minimal residual disease following surgical tumor resection (Press release, Elicio Therapeutics, JUN 29, 2021, View Source [SID1234584468]). The trial will enroll patients with RAS-mutated pancreatic ductal adenocarcinoma (PDAC), colorectal cancer and other solid tumors with KRAS and NRAS mutations. ELI-002 is an investigational, subcutaneous, Amphiphile (AMP) KRAS therapeutic vaccine that targets the lymph node by latching on to the protein albumin, found in the bloodstream, as it travels to lymphatic tissue. It contains AMP mKRAS peptides and a proprietary AMP CpG adjuvant.

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"RAS mutations, particularly KRAS mutations, are found in approximately 25% of tumors and have been considered difficult to target due to the number of mutations that can cause disease. In this study, our lymph node-targeted therapeutic vaccine ELI-002 is designed to target all seven common KRAS mutations, including G12C," said Christopher Haqq, M.D., Ph.D., Elicio’s Executive Vice President, Head of Research and Development, and Chief Medical Officer. "We believe that the ability of our proprietary AMP platform to deliver ELI-002 directly to the lymph nodes, the control center of the immune system, may stimulate an enhanced immune response."

About AMPLIFY-201

AMPLIFY-201 is a Phase 1/2 clinical trial of ELI-002 in patients with solid tumors, including colorectal cancer, or CRC, or pancreatic ductal adenocarcinoma, or PDAC. The AMPLIFY-201 trial is being conducted at multiple sites, including U.S. cancer treatment institutions such as MD Anderson, Memorial Sloan Kettering, Sarah Cannon Research Institute, Massachusetts General Hospital, City of Hope, Washington University St. Louis, and Henry Ford Health System. Following an initial dose escalation phase, we intend to evaluate the potential of ELI-002 as a treatment for a number of KRAS-mutated cancers. AMPLIFY-201 is strategically constructed to target patients with minimal residual disease, or MRD, a stage where tumor burden and immunosuppressive effects within the tumor are lower. The Phase 1/2 trial employs an investigational in vitro diagnostic device, or IVD, that is intended to detect circulating tumor DNA, or ctDNA, and identify patients who show signs of minimal residual disease in their blood before relapse is detected in traditional radiographic scans.

Endpoints including safety, determination of maximum tolerated dose, ctDNA change from baseline, relapse free survival and immunological responses including lymph node enlargement, cytokine activity and immune response will be assessed. We anticipate initial safety, dose escalation, and correlative biomarker data from the Phase 1 portion of the trial to be available by the first half of 2022. Please refer to clinicaltrials.gov [NCT04853017] for additional clinical trial information.

The purpose of the Phase 1/2 multi-center, dose-escalation study is to evaluate the safety and preliminary efficacy of ELI-002 in patients with KRAS-driven cancers with minimal residual disease following surgery to remove the tumor. Patients will receive escalating doses of ELI-002 to determine safety and tolerability and to assess preliminary antitumor activity. The primary endpoints are, to define the maximum tolerable dose (MTD), recommended Phase 2 dose (RP2D), and incidence of adverse events (AE) for Phase 1 and relapse-free survival (RFS) for Phase 2. The secondary endpoints are, ctDNA clearance rate for Phase 1, and incidence of AEs, 1-year RFS, overall survival (OS) and the objective response rate (ORR) for Phase 2, among other endpoints. The trial is expected to enroll approsimately 150 patients. Please refer to clinicaltrials.gov [NCT04853017] for additional clinical trial information.

About ELI-002

ELI-002 is a structurally novel investigational AMP therapeutic vaccine targeting KRAS-driven cancers. KRAS mutations are among the most prevalent human cancers. ELI-002 is comprised of AMP-modified mutant KRAS peptide antigens and ELI-004, an AMP-modified immune-stimulatory oligonucleotide adjuvant. The AMP mKRAS peptides and AMP CpG are targeted to the lymph node where they potentially enhance action on key immune cells.

About the Amphiphile Platform

Our proprietary Amphiphile, or AMP, platform delivers investigational immunotherapeutics directly to the "brain center" of the immune system – the lymph nodes. We believe this site-specific delivery of disease-specific antigens, adjuvants, and other immunomodulators may efficiently educate, activate, and amplify critical immune cells, potentially resulting in induction and persistence of potent adaptive immunity required to treat many diseases. In preclinical models, we have observed lymph-node specific engagement driving therapeutic immune responses of increased magnitude, function, and durability. We believe our AMP lymph node targeted approach will produce superior clinical benefits compared to immunotherapies that do not engage the lymph nodes.

Our AMP platform, originally developed at the Massachusetts Institute of Technology, or MIT, has broad potential across cancers, infectious diseases and other disease indications to advance a number of development initiatives through internal activities, in-licensing arrangements or development collaborations and partnerships.

Amphiphile platform is thought to deliver immunotherapeutics to target the lymph node directly to the lymph nodes by latching on to the protein albumin, found in the bloodstream, as it travels to lymphatic tissue. In preclinical models, we have observed lymph-node specific engagement driving therapeutic immune responses of increased magnitude, function, and durability.

Kiromic BioPharma, Inc. Announces Pricing of Public Offering

On June 29, 2021 Kiromic BioPharma, Inc. (Nasdaq: KRBP) (the "Company"), an immuno-oncology target discovery and gene-editing company with a proprietary artificial intelligence neural network platform (Diamond AI) that is used to develop novel oncology therapeutics, reported the pricing of its underwritten public offering of 8,000,000 shares of its common stock at a public offering price of $5.00 per share, for gross proceeds of $40 million, before deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company (Press release, Kiromic, JUN 29, 2021, View Source [SID1234584485]). In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 1,200,000 shares of common stock, solely to cover over-allotments. All of the shares of common stock are being offered by the Company.

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The offering is expected to close on or about July 2, 2021, subject to customary closing conditions.

ThinkEquity, a division of Fordham Financial Management, Inc., is acting as sole book-running manager for the offering.

The Company intends to use the net proceeds from the offering primarily for clinical trials for its ALEXIS-ISO-1 and ALEXIS-PRO-1 product candidates, GMP facility expansion, intellectual property protection and reinforcement, IND applications and IND enabling trials and working capital and the remainder for general corporate purposes.

A registration statement relating to the shares of common stock being sold in this offering was declared effective by the Securities and Exchange Commission (the "SEC") on June 29, 2021. The offering is being made only by means of a prospectus. Copies of the final prospectus may be obtained, when available, on the SEC’s website, www.sec.gov, or by contacting ThinkEquity, a division of Fordham Financial Management, Inc., 17 State Street, 22nd Floor, New York, New York 10004, by telephone at (877) 436-3673 or by email at [email protected].

This press release shall not constitute an offer to sell, or a solicitation of an offer to buy these securities, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.