Accelerator Life Science Partners’ Portfolio Company Lodo Therapeutics Acquired by Zymergen Inc.

On May 28, 2021 Accelerator Life Science Partners ("ALSP"), a leading early-stage life science accelerator and investment firm, reported that its portfolio company, Lodo Therapeutics Corporation ("Lodo" or the "Company"), has been acquired by Zymergen Inc. (NASDAQ: ZY) for an undisclosed amount (Press release, Lodo Therapeutics, MAY 28, 2021, View Source [SID1234635821]). The transaction is the third exit from ALSP’s investment fund, Accelerator Life Science Partners I (ALSP I), in the last year.

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Lodo Therapeutics discovered and developed novel therapeutics to address undruggable targets by applying its proprietary platform to tap the vast collections of undiscovered molecules encoded in environmental microbial DNA.

"The Lodo Therapeutics metagenomic platform complements Zymergen’s discovery efforts by expanding their natural product discovery capabilities," said Sean Brady, Ph.D., cofounder, Lodo Therapeutics and professor, Rockefeller University. "I am grateful for the support that the ALSP team provided during Lodo’s development and am eager to incorporate our technology into Zymergen’s platform."

ALSP invested in Lodo as part of the Company’s $17 million Series A financing. ALSP managed the Company business, research, and development (R&D) operations for more than four years. In 2018 ALSP helped Lodo to establish a multi-target collaboration with Genentech worth up to $969 million. ALSP also recruited serial entrepreneur Dale Pfost, Ph.D., as the Company’s Chairman and CEO, and helped to fill key executive leadership positions as the Company graduated from ALSP’s operations.

"We are delighted to see Lodo’s technology, and their talented R&D team become a part of Zymergen’s innovative technology platform," said Thong Q. Le, Senior Managing Director and CEO of Accelerator Life Science Partners. "Combining Lodo’s platform with Zymergen’s growing technology stack will create meaningful opportunities to access unique chemistry and to accelerate biological design and manufacturing. We look forward to the combined team’s continued successes as they work collaboratively to create and commercialize breakthrough products."

Moderna to Present at Upcoming Investor Conferences in June 2021

On May 28, 2021 Moderna, Inc. (Nasdaq: MRNA), a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, reported its participation in the following upcoming virtual investor conferences (Press release, Moderna Therapeutics, MAY 28, 2021, View Source [SID1234583274]):

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Jefferies Virtual Healthcare Conference on Thursday, June 3, 2021 at 10:00 a.m. ET
Goldman Sachs 42nd Annual Healthcare Conference on Wednesday, June 9, 2021 at 8:00 a.m. ET
A live webcast of each presentation will be available under "Events and Presentations" in the Investors section of the Moderna website at View Source A replay of each webcast will be archived on Moderna’s website for 30 days following the presentation.

ECOG-ACRIN research highlights at ASCO 2021

On May 28, 2021 ECOG-ACRIN Cancer Research Group reported that New research results for patients with breast and HPV-associated throat cancers are the highlights among 23 presentations at the 2021 American Society of Clinical Oncology (ASCO) (Free ASCO Whitepaper) Annual Meeting, occurring virtually June 4-8 (Press release, ECOG-ACRIN, MAY 28, 2021, View Source [SID1234583289]). The National Cancer Institute (NCI), part of the National Institutes of Health, funded these studies.

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Breast Cancer
Platinum chemotherapy fails in phase III trial for triple-negative breast cancer, basal-like subtype

Abstract 605: About 80% of triple-negative breast cancers (TNBC) are a subtype called ‘basal-like.’ Typically, patients with TNBC receive chemotherapy before surgery to shrink the tumor(s). The presence of residual cancer in the breast after chemotherapy signals a higher likelihood that the cancer will return after surgery. A previous clinical trial demonstrated that additional capecitabine chemotherapy after surgery helps decrease the chance of recurrence. Yet, although capecitabine helps, researchers do not know whether treatment with different chemotherapy drugs could have the same or better results than capecitabine. Other research showed that basal-like TNBCs are more sensitive to platinum chemotherapies that damage DNA.

This abstract presents data from study EA1131, a randomized phase III clinical trial conducted to assess whether platinum chemotherapy would be as effective or more effective than capecitabine (NCT02445391). The study was for patients in a very high-risk group: those who had basal-like triple-negative breast cancer that was still present after initial chemotherapy. Patients were randomly assigned to one of two treatment groups after receiving standard chemotherapy and surgery. The first group received capecitabine chemotherapy after surgery. The second group received a platinum chemotherapy—either cisplatin or carbonation, after surgery.

After a recent interim analysis, the EA1131 trial was stopped early by the ECOG-ACRIN Data and Safety Monitoring Committee. The interim analysis showed it was unlikely that platinum chemotherapy would be any better than standard capecitabine chemotherapy at preventing recurrence in patients with residual basal-like triple-negative breast cancers following neoadjuvant chemotherapy.

On June 6, the study will be presented at the ASCO (Free ASCO Whitepaper) Annual Meeting and published in the Journal of Clinical Oncology.

First author Ingrid A. Mayer, MD (Vanderbilt-Ingram Cancer Center): "While platinum chemotherapy has been routinely adopted by many to treat basal-like triple-negative breast cancer still present after initial chemotherapy, the results of the randomized phase III trial EA1131 show that it should no longer be used in this setting. The group of men and women in the trial who received platinum chemotherapy had more serious side effects than those who received the standard chemotherapy drug capecitabine."

Breast Cancer
First racially diverse study of severe joint pain, a common side effect in postmenopausal women with HR-positive early breast cancer taking aromatase inhibitors

Abstract 12003: E1Z11 is the first clinical trial in a racially diverse group of postmenopausal women with early breast cancer to study severe pain in the bones, muscles, ligaments, tendons, and nerves caused by aromatase inhibitor (AI) treatment (NCT01824836). Previous similar studies mainly included white women, whereas E1Z11 set individual accrual goals for self-reported Black, Asian, and white participants. Total enrollment was 1,046, including Black (201), Asian (205), and white (640) participants. Women were eligible for the study if they had early (stage I to III) hormone receptor-positive breast cancer, were postmenopausal, had completed planned local therapy, and had not received prior AI therapy as first-line treatment.

AIs stop estrogen production and are widely prescribed in postmenopausal women, typically for five or more years after surgery/chemotherapy, to prevent a breast cancer recurrence. Yet their effectiveness is compromised because 40-50% of women stop treatment early due to the severe pain caused by AI-associated musculoskeletal symptoms (AIMSS). The syndrome was not recognized during the FDA registration trials for this class of drugs, which includes anastrozole (Arimidex), exemestane (Aromasin), and letrozole (Femara).

The E1Z11 study collected data from women during their first year of AI therapy. More Black and Asian women developed severe musculoskeletal pain during this time than white women (48%, 50%, and 38%, respectively). Rates of AI discontinuation within one year were similar across the three cohorts (10%, 12%, and 13%, respectively).

Participants also completed extensive questionnaires about their symptoms, quality of life, and anxiety about recurrence. The surveys occurred every three months during the first year of AI treatment. Survey completion rates were high across all cohorts at every time point: 98% at baseline, 93% at three months, 89% at six months, 88% at nine months, and 90% at 12 months. The choice for patients to complete questionnaires on paper or online contributed to the extraordinarily high survey completion rates.

E1Z11 participants also contributed blood samples to build a biobank to examine germline genetic variants in DNA for this and future research. Genotyping success rates were high across all cohorts (>95%). This analysis was not able to demonstrate associations between AIMSS symptom development and ten germline DNA variants thought to be predictors. However, one gene (rs2296972/HTR2A) warrants further study.

First author Vered Stearns, MD (Johns Hopkins University): "More Black and Asian postmenopausal women than white women with early breast cancer developed severe musculoskeletal pain within the first year of aromatase inhibitor (AI) therapy. However, the rates of early discontinuation of AI therapy were similar across the three groups. The E1Z11 biospecimens bank and patient-reported outcomes data are a treasure trove for future discovery across the three racial cohorts. For example, there will be data from this trial on the tolerability of AIs from the patient’s perspective, yielding important insights on how to support women from minoritized groups to gain maximum benefit from treatment."

HPV Throat Cancer
Outstanding 3-year progression-free survival outcomes from a less intense treatment

Abstract 6010: The phase II E3311 trial offers new information about using less treatment in patients with HPV-associated oropharynx cancer and a medium risk of recurrence (NCT01898494). While surgeons and patients widely favor the organ-preservation approach of transoral robotic surgery, there remain serious concerns about both short- and long-term toxicities associated with chemotherapy. First, this trial found a better way to assess each patient’s individual risk (presented at ASCO (Free ASCO Whitepaper) 2020). The new method uses tumor testing along with patient characteristics to measure the level of risk: low, intermediate (medium), or high. Physicians may safely consider offering patients less therapy if their risk of recurrence is low. High-risk patients may receive standard chemotherapy and radiation after surgery. But what about patients with intermediate, or medium risk? The E3311 phase II study proved that medium-risk patients could safely forego chemotherapy altogether and receive transoral surgery (TOS) followed by a lower dose of radiation than is standard and still have good outcomes.

This analysis reports three-year progression-free survival (PFS) data. The three-year PFS estimate for the two medium-risk groups is 94.9% for a 50 Gy dose of radiation and 93.5% for a 60 Gy dose. It also reports on an exploratory comparison of quality of life between the two medium-risk groups. Patient reports (FACT HN) completed at baseline (before TOS) and six months post-radiation therapy revealed that 63% vs. 49% of patients in the 50 or 60 Gy arms, respectively, had stable/improved quality of life.

First author Robert L. Ferris, MD, PhD (UPMC Hillman Cancer Center): "Primary transoral surgery followed by reduced-dose radiation therapy is safe in patients with intermediate-risk HPV-positive oropharyngeal cancer, with favorable quality of life and functional outcomes. With three years of follow-up, this group continued to have better outcomes than the group on usual high-dose radiation plus chemotherapy. Our patient stratification identified low and intermediate-risk patients well, preserving patients’ throat function and sparing them unnecessary short- and long-term toxicities. These data support ECOG-ACRIN’s plans for a phase III confirmatory trial."

Breast Cancer
Inflammation biomarker may predict distant recurrence in HER2-negative breast cancer

First author Joseph A. Sparano, MD, is the recipient of the 2021 ASCO (Free ASCO Whitepaper) Gianni Bonadonna Breast Cancer Award and Lecture. Learn more about Dr. Sparano in this ASCO (Free ASCO Whitepaper) Daily News tribute article.

Abstract 520: Systemic inflammation may contribute to the progression or recurrence of early breast cancer. This analysis mined a bank of biospecimens collected before treatment from women with stage II-III HER2-negative breast cancer in a previous randomized phase III trial, E5103 (Miller KM. J Clin Oncol. 2018 Sep 1). Here, researchers utilized serum samples (PMC6118403) to test the hypothesis that higher levels of inflammatory cytokines and chemokines (proteins in immune cells that participate in the body’s immune response) might be associated with cancer coming back in a part of the body away from the breast (distant recurrence). The only biomarker associated with a significantly increased distant recurrence risk when adjusted for multiple testing was the pro-inflammatory cytokine IL-6 (HR 1.37, 95% confidence intervals [CI] 1.15, 1.65, p = 0.0006). Komen Foundation and the Breast Cancer Research Foundation also funded this study, along with the National Cancer Institute.

First author Joseph A. Sparano, MD (Montefiore Medical Center/Albert Einstein College of Medicine): "We found an association between higher levels of the cytokine IL-6 at diagnosis and a significantly higher risk of distant recurrence in patients with high-risk stage II-III, HER2-negative breast cancer, despite optimal adjuvant systemic therapy. This discovery provides a foundation for confirmatory validation of IL-6 as a prognostic biomarker, and potentially as a predictive biomarker for testing therapeutic interventions targeting the IL-6/JAK/STAT3 pathway."

Alkermes to Host Webcast With Expert Oncologist Panel to Discuss Data on Nemvaleukin Alfa Presented at 2021 American Society of Clinical Oncology (ASCO) Annual Meeting

On May 28, 2021 Alkermes plc (Nasdaq: ALKS) reported that it will host a webcast and conference call at 4:00 p.m. ET (9:00 p.m. BST) on Friday, June 4, 2021 to review data updates presented at the 2021 American Society of Clinical Oncology (ASCO) (Free ASCO Whitepaper) Annual Meeting from the company’s ARTISTRY-1 and ARTISTRY-2 clinical trials evaluating immuno-oncology candidate nemvaleukin alfa (nemvaleukin) (Press release, Alkermes, MAY 28, 2021, View Source [SID1234583275]). The company will provide an overview of the data being presented followed by a roundtable discussion with expert oncologists and ARTISTRY clinical program investigators, Valentina Boni, M.D., Ph.D., Medical Oncologist and Principal Investigator, START Madrid at Centro Integral Oncológico Clara Campal; and Omid Hamid, M.D., Chief of Research and Immunotherapy, The Angeles Clinic and Research Institute.

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Investor and Analyst Webcast with Expert Oncologists
Date and Time: Friday, June 4, 2021, at 4:00 p.m. ET (9:00 p.m. BST)
Dial-in: +1 877-407-2988 for U.S. callers and +1 201-389-0923 for international callers.
Investors and analysts can also view slides and listen to the live audio webcast of the presentation on the Investors section of Alkermes’ website at www.alkermes.com. A replay of the webcast will be archived on the company’s website for 30 days following the presentation.

Nemvaleukin Poster Presentations at ASCO (Free ASCO Whitepaper)

Abstract: 2513
Title: ARTISTRY-1: Nemvaleukin Alfa Monotherapy and in Combination With Pembrolizumab in Patients With Advanced Solid Tumors
Presenter: Valentina Boni, M.D., Ph.D., Medical Oncologist and Principal Investigator, START Madrid at Centro Integral Oncológico Clara Campal, Madrid, Spain
Presentation Date/Time: The on-demand poster discussion session will take place on June 4, 2021 at 9:00 a.m. ET.

Abstract: 2552
Title: Selection of the Recommended Phase 2 Dose (RP2D) for Subcutaneous Nemvaleukin Alfa: ARTISTRY-2
Presenter: Omid Hamid, M.D., Chief of Research and Immuno-Oncology, The Angeles Clinic and Research Institute
Presentation Date: The poster presentation will be available on-demand to attendees beginning June 4, 2021.

About Nemvaleukin alfa ("nemvaleukin")
Nemvaleukin is an investigational, novel, engineered fusion protein comprised of modified interleukin-2 (IL-2) and the high affinity IL-2 alpha receptor chain, designed to selectively expand tumor-killing immune cells while avoiding the activation of immunosuppressive cells by preferentially binding to the intermediate-affinity IL-2 receptor complex. The selectivity of nemvaleukin is designed to leverage the proven anti-tumor effects of existing IL-2 therapy while mitigating certain limitations.

About the ARTISTRY Clinical Development Program
ARTISTRY is an Alkermes-sponsored clinical development program evaluating nemvaleukin alfa as a potential immunotherapy for cancer. The ARTISTRY program is comprised of multiple clinical trials evaluating intravenous and subcutaneous dosing of nemvaleukin, both as a monotherapy and in combination with the anti-PD-1 therapy KEYTRUDA (pembrolizumab) in patients with advanced solid tumors. Ongoing trials include: ARTISTRY-1, ARTISTRY-2, ARTISTRY-3 and ARTISTRY-6.

Guardant Health Files Lawsuit Against Natera for Misleading Oncologists

On May 28, 2021 Guardant Health, Inc. (Nasdaq: GH), a leading precision oncology company,reported that filed a lawsuit against Natera, Inc. for false advertising, unfair competition, and unlawful trade practices, relating to misleading statements Natera has made about its own products and the performance of Guardant Health’s new oncology test, Guardant Reveal (Press release, Guardant Health, MAY 28, 2021, View Source [SID1234583276]).

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Guardant Health asked the federal court in San Francisco, California for an injunction preventing Natera from continuing to make these false or misleading statements and requiring Natera to take corrective actions.

Guardant Health’s recent introduction of Guardant Reveal, the first blood-only liquid biopsy test to detect residual and recurrent disease in early-stage cancer survivors, represents an important medical breakthrough for the 1.5 million early-stage colorectal cancer survivors in the U.S.1 Colorectal cancer is the second leading cause of cancer death in the U.S.2 The Guardant Reveal test detects circulating tumor DNA (ctDNA) from a simple blood draw and is performed after surgery to identify patients with residual disease who may benefit most from adjuvant therapy and surveillance. The test can also detect recurrence months earlier than current standard-of-care methods, such as carcinoembryonic antigen tests or imaging.3-8 Guardant Health’s method for ctDNA detection is vastly different from Natera’s Signatera assay, which requires a tissue-biopsy.9

The complaint alleges that Natera is misleading healthcare providers about the performance of the Guardant Reveal test by suggesting the test is inaccurate and/or insensitive, and inferior to Signatera. As a direct result, colorectal cancer patients are missing opportunities for minimal residual disease (MRD) detection and recurrence monitoring, and the attendant benefits of guided treatment decisions.

"Guardant Health believes it is vital that clinicians receive accurate and truthful information, as this impacts potentially life-saving patient treatment decisions. We also believe that companies in the cancer diagnostics business must have patient care as their central mission and should not misrepresent medical science. When they do, we believe that immediate corrective action is required," said John Saia, Senior Vice President, General Counsel and Corporate Secretary at Guardant Health.