IDEAYA Biosciences to Present at 2021 Jefferies Virtual Healthcare Conference

On May 24, 2021 IDEAYA Biosciences, Inc. (NASDAQ: IDYA), a synthetic lethality-focused precision medicine oncology company committed to the discovery and development of targeted therapeutics, reported its participation at the 2021 Jefferies Virtual Healthcare Conference (Press release, Ideaya Biosciences, MAY 24, 2021, View Source [SID1234580509]).

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2021 Jefferies Virtual Healthcare Conference
Fireside Chat with Maury Raycroft
Thursday, June 3, 2021 at 1:00 pm ET

A live audio webcast of the event will be available by visiting the "Investors/News and Events/Investor Calendar" section of the IDEAYA website at View Source A replay of the webcast will be available for 30 days following the live event.

Moderna and Aldevron Announce Expanded Partnership for mRNA Vaccine and Therapeutic Pipeline

On May 24, 2021 Moderna, Inc. (Nasdaq:MRNA), a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, and Aldevron, LLC, the leading provider of high-quality plasmid DNA, mRNA and recombinant proteins necessary for vaccines, gene and cell therapy, gene editing and diagnostic applications, reported their expanded collaboration in support of the Moderna COVID-19 Vaccine and additional programs in Moderna’s clinical development pipeline (Press release, Moderna Therapeutics, MAY 24, 2021, View Source [SID1234580494]).

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Specifically, Aldevron will supply plasmid DNA to serve as the genetic template for generating the COVID-19 mRNA vaccine and other investigational programs in Moderna’s pipeline.

"Aldevron has been a long-standing partner of Moderna. We appreciate their collaboration and their expertise in the biologics space," said Juan Andres, Chief Technical Operations and Quality Officer of Moderna. "We look forward to our ongoing work with this expanded partnership."

"Aldevron’s support of the Moderna pipeline spans nearly a decade, and we’re incredibly proud of the trust they’ve placed in us" commented Kevin Ballinger, Chief Executive Officer of Aldevron. "Our deep experience, coupled with enhanced operational efficiencies and recent capacity expansion place us in an excellent position to support Moderna’s efforts – especially during this critical time. We look forward to expanding our strategic partnership to serve a pipeline of important new programs in the future."

Aldevron’s production of DNA continues to take place in its 70,000 sq ft GMP facility located in Fargo, North Dakota. Buildout and validation of an additional 189,000 sq ft expansion to the GMP facility on Aldevron’s 14-acre Breakthrough Campus has been completed, enabling additional manufacturing capacity.

Akeso’s Penpulimab Monoclonal Antibody Submitted BLA in the United States

On May 24, 2021 Akeso, Inc. (HKEx: 9926.HK) reported that Penpulimab (research and development code: AK105), an PD-1 monoclonal antibody drug co-developed by the Company with Sino Biopharmaceutical Limited (HKEx: 1177.HK), has submitted a Biologics License Application ("BLA") to the Food and Drug Administration of the United States ("FDA") for third-line treatment of metastatic nasopharyngeal carcinoma (Press release, Akeso Biopharma, MAY 24, 2021, View Source [SID1234580510]).

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The FDA will review the BLA under the new policy of Real-Time Oncology Review ("RTOR"), which aims to accelerate the process of drug approval. This is the first Chinese PD-1 drug being BLA reviewed by the FDA under RTOR.

According to the annual report of Akeso, Penpulimab is expected to receive NDA approval in China in 2021 for treatment of relapsed or refractory classical Hodgkin’s lymphoma, meanwhile the Company is accelerating approval progress of Penpulimab in the United States.

Previously, based on the promising clinical data of Penpulimab, it has already obtained breakthrough therapy designation and fast track designation from the FDA for third-line treatment of metastatic nasopharyngeal carcinoma.

Penpulimab’s BLA submitted to the FDA will be reviewed under the new policy of RTOR, which aims to accelerate the process of drug approval. RTOR is a major and innovative new oncology drug approval policy issued by the Oncology Center of Excellence ("OCE") of the FDA. It is faster than the priority review and aims to accelerate the process of drug approval, so as to facilitate a safe and effective treatment of cancer patients as early as possible.

According to publicly available information ("U.S. Food and Drug Administration: Initial Experience with the Real-Time Oncology Review Program"), there were a total of 20 drugs approved under the RTOR by the FDA as of April 2020. The average time of these drugs from application submission to getting approval is 3.3 months, with the fastest of 0.4 month and slowest 5.9 months. This means the new drug approval time under RTOR is way faster than fast track designation, breakthrough therapy or orphan drugs. It is currently the fastest track for FDA drug approval.

The first immuno-oncology therapy approved by the FDA under the RTOR is Keytruda, a PD-1 immunotherapy drug by MSD. The approval time for treatment of endometrial carcinoma by Keytruda in combination with Lenvima was ahead of expectation for 3 months.

Up to now, 3 Chinese PD-1 developers have submitted BLA to the FDA, including previously Innovent Biologics, Inc. and Shanghai Junshi Biosciences Co., Ltd.. Akeso is expected to expedite its BLA submission to the FDA under the new policy of RTOR. It is worth looking forward to when Chinese PD-1 will obtain the first approval overseas.

INFORMATION ABOUT PENPULIMAB

Penpulimab (AK105, PD-1 mAb) is jointly developed and commercialized by a joint venture established by the Company and Chia Tai-Tianqing Pharmaceutical Group Co.,Ltd. , a subsidiary of Sino Biopharmaceutical Limited (1177.HK) . Penpulimab is possibly one of the most innovative PD-1 monoclonal antibody drug candidates of the Company in advanced clinical development stage that can be differentiated from other products. Penpulimab’s Fc receptor and complement mediated effector are completely removed by Fc mutations; it also has a slower antigen binding off rate compared with the PD-1 antibodies that are already launched in foreign market. These features have made Penpulimab more effective in blocking the activity of the PD-1 pathway and evaded the T-cell anti-tumor activity, thus it has the potential to become an anti-PD-1 drug that can achieve better clinical efficacy.

Sema4 to Participate in Upcoming Investor Conferences

On May 24, 2021 Sema4, a patient-centered health intelligence company leveraging AI and machine learning to derive data-driven insights, reported that members of the Sema4 management team will participate in fireside chats at two upcoming virtual investor conferences (Press release, Sema4, MAY 24, 2021, View Source [SID1234580495]). Eric Schadt, PhD, Founder and Chief Executive Officer, and Isaac Ro, Chief Financial Officer, will present at the Jefferies Virtual Healthcare Conference on Friday, June 4, 2021 and the Goldman Sachs Annual Global Healthcare Conference on Tuesday, June 8, 2021.

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Event: Jefferies Virtual Healthcare Conference
Date: Friday, June 4, 2021
Time: 11:00 a.m. ET / 8:00 a.m. PT

Event: Goldman Sachs Annual Global Healthcare Conference
Date: Tuesday, June 8, 2021
Time: 1:20 p.m. ET / 10:20 a.m. PT

Following each conference, a Form 8-K with a copy of the transcript will be filed with the U.S. Securities and Exchange Commission (SEC). A link to the SEC filing will be available on the Company’s website at View Source

Diagnosing Skin Cancer Non-Invasively: Veriskin, Inc. Secures Funding From National Cancer Institute and Private Investors; Receives FDA Breakthrough Device Designation

On May 24, 2021 Veriskin, Inc., a start-up medical device company, reported that it has invented and is developing novel technology for skin cancer diagnostics and screening (Press release, Veriskin, MAY 24, 2021, View Source [SID1234580511]). Veriskin has received FDA Breakthrough Device Designation for its TruScore device in July, 2020. Development of this innovative technology is being supported by grant funding from the National Cancer Institute and seed-round capital from private investors. Veriskin has completed two IRB-approved clinical studies. The Company is initiating a third clinical study, preparatory to designing the clinical trial needed to obtain FDA approval to market its device.

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Skin cancer is the most common form of cancer in the United States, accounting for just under half of all cancer diagnoses. The American Cancer Society predicts that 106,110 new melanoma cases will be diagnosed and 7,180 people are expected to die of malignant melanoma in 2021. It is estimated that approximately 5.4 million basal and squamous cell carcinomas are diagnosed each year, affecting 3.3 million people and leading to more than 15,000 lives lost. Skin cancers are very difficult for non-specialists, such as primary care practitioners, to differentiate from non-malignant skin abnormalities. Uncertainty in initial diagnosis can lead to 1) failure to detect cancer at an early, more treatable stage, 2) hundreds of malpractice claims due to missed cancers, and 3) many unnecessary referrals to specialists and unwarranted biopsies. Fortunately, the majority of skin cancer cases can be cured when detected early. "Development of an accurate diagnostic device for use by frontline practitioners provides a significant opportunity for saving lives and reducing healthcare costs," said Veriskin CEO, Mirianas Chachisvilis, PhD.

Veriskin’s TruScore is a proprietary, non-invasive, low-cost, hand-held device that aids non-expert users to rapidly and objectively determine whether a suspicious skin lesion is cancerous. It works on both pigmented and non-pigmented skin lesions and produces a quantitative score. Use of the device can potentially reduce the number of missed cancers and unnecessary biopsies. Veriskin’s patented technology is based on a novel, orthogonal approach: active perturbative hemodynamic measurements combined with a proprietary machine-learning algorithm. The device detects both structural and functional vascular abnormalities associated with pathological angiogenesis (a well-established, early hallmark of cancer). The resultant diagnostic information content is significantly higher than provided by competing imaging-based technologies. IRB-approved clinical studies performed in multiple dermatology clinics in California and Arizona have demonstrated sensitivity of greater than 99% and specificity of 94% in a set of 125 biopsy-verified lesions. "Veriskin anticipates that TruScore will help primary care practitioners and dermatologists to detect potentially dangerous skin cancers earlier and with higher accuracy," said the CEO.

Veriskin’s development of its innovative technology has been supported by multiple grants from the National Cancer Institute (totaling $3.9 million with opportunities for additional funding). Recently, Veriskin raised over $1M in a seed-round co-led by Pasadena Angels and Ariel Savannah Angel Partners, with participation from Frontier Angels and TiE SoCal Angels. "We are delighted to be able to support Veriskin in the commercialization of its innovative technology," said Kevin Herzberg, Vice Chairman of Pasadena Angels.