Abbott to Present at J.P. Morgan Healthcare Conference

On December 18, 2020 Abbott (NYSE: ABT) reported that it will present virtually at the 39th Annual J.P. Morgan Healthcare Conference on Tuesday, Jan. 12, 2021 (Press release, Abbott, DEC 18, 2020, View Source [SID1234573102]). Robert B. Ford, president and chief executive officer, will present at 9 a.m. Central time.

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A live webcast of the presentation will be accessible through Abbott’s Investor Relations website at www.abbottinvestor.com. An archived edition of the presentation will be available the next day.

SOM Biotech at the BIO- Partnering JPM Virtual Event 2021

On December 18, 2020 SOM Biotech reported its participation at the BIO-Partnering at JP Morgan Healthcare Conference 2021, being held virtually on January 11th – 15th (Press release, SOM Biotech, DEC 18, 2020, View Source;utm_medium=rss&utm_campaign=som-biotech-at-the-bio-partnering-jpm-virtual-event-2021 [SID1234573075]).

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The conference, a leading virtual partnering and business development initiative for the biotechnology industry organized by Biotechnology Innovation Organization, provides a One-on-One partnering platform to give companies access to potential strategic partners and qualified investors worldwide.

Raúl Insa, CEO of SOM Biotech highlights: "This is an excellent opportunity to present the advances in our portfolio and explore mutual interest with pharmaceutical and other life science companies to seek new drug discovery and development project based on our proprietary AI-based drug discovery technology – SOMAIPRO – which is one of the most powerful tools for drug discovery at present. After closing the remarkable year 2020, with positive results obtained from the Phase 2a related to our Huntington´s disease candidate SOM3355, we are also excited to present our pipeline assets and our strategic plan to investors interested in taking part in our future valuable launches and growth prospects".

Antengene Announces Approval of IND Application in China for a Phase 3 Clinical Trial of ATG-010 (Selinexor) in Combination with Bortezomib and Dexamethasone (SVd) for the Treatment of rrMM

On December 18, 2020 Antengene Corporation Limited ("Antengene", SEHK: 6996.HK), a leading innovative biopharmaceutical company dedicated to discovering, developing and commercializing global first-in-class and/or best-in class therapeutics in hematology and oncology, reported that the National Medical Products Administration (NMPA) has approved the Investigational New Drug (IND) application for ATG-010 (selinexor), an oral Selective Inhibitor of Nuclear Export compound, in combination with bortezomib and dexamethasone for the treatment of patients with relapsed/refractory multiple myeloma (rrMM) in China (Press release, Antengene, DEC 18, 2020, View Source [SID1234573103]).

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The trial is a Phase 3 randomized, controlled, open-label, multicenter clinical trial, aiming to evaluate the efficacy and safety of ATG-010, bortezomib and dexamethasone (SVd) regimen against bortezomib and dexamethasone (Vd) regimen in Chinese adult patients with rrMM who have received one to three prior lines of therapy. A total of 150 patients will be randomized in a 2:1 ratio to receive SVd or Vd treatment.

ATG-010 is a first-in-class and only-in-class oral selective inhibitor of nuclear export (SINE) and the first and only drug approved by the Food and Drug Administration (FDA) for use in both relapsed/refractory multiple myeloma and diffuse large B-cell lymphoma. In December 2020, National Comprehensive Cancer Network (NCCN) added three different ATG-010 combination regimens to its Clinical Practice Guidelines in Oncology (NCCN Guidelines) for previously treated multiple myeloma, including SVd, SDd and SPd. In China, Antengene is conducting a Phase 2 registrational clinical trial of ATG-010 for rrMM (MARCH).

"The NMPA approval of BENCH trial demonstrates our ability to efficiently execute, and marks a great start of Antegene’s first Phase 3 registrational trial to validate SVd regimen’s efficacy and safety (as evidenced in the global BOSTON trial) in Chinese population." said Dr. Jay Mei, Founder, Chairman and CEO of Antengene. "Since becoming a public company, our clear focus has been on advancing the clinical development of ATG-010. We will initiate immediately our Phase 3 trial of ATG-010 for rrMM patients in China and believe the unique and novel MoA of ATG-010 will provide physicians new treatment options for more oncology indications."

About ATG-010 (selinexor, XPOVIO)

ATG-010 (selinexor, XPOVIO) is a first-in-class and only-in-class oral selective inhibitor of nuclear export compound, developed by Antengene and Karyopharm Therapeutics Inc. (NASDAQ: KPTI). In July 2019, the US Food and Drug Administration (FDA) approved ATG-010 in combination with low-dose dexamethasone for the treatment of relapsed/refractory multiple myeloma (rrMM) and in June 2020 approved ATG-010 as a single-agent for the treatment of relapsed/refractory diffuse large B-cell lymphoma (rrDLBCL). ATG-010 is so far the first and only oral SINE compound approved by the FDA. ATG-010 is also being evaluated in several other mid-and later-phase clinical trials across multiple solid tumor indications, including liposarcoma and endometrial cancer. In November 2020, at the Connective Tissue Oncology Society 2020 Annual Meeting (CTOS 2020), Antengene’s partner, Karyopharm Therapeutics, presented positive results from the Phase 3 randomized, double blind, placebo controlled, cross-over SEAL study evaluating single agent, oral ATG-010 versus matching placebo in patients with liposarcoma. Karyopharm also recently announced that the ongoing Phase 3 SIENDO study of ATG-010 in patients with endometrial cancer passed planned interim futility analysis and that Data and Safety Monitoring Board (DSMB) recommended the study should proceed as planned without any modifications. Top-line SIENDO study results are expected in the second half of 2021.

Antengene is conducting two Phase 2 registrational clinical trials of ATG-010 in China for relapsed refractory multiple myeloma (MARCH) and for relapsed refractory diffuse large B-cell lymphoma (SEARCH), and has initiated clinical trials for high prevalence cancer types in the Asia Pacific region including peripheral T-cell lymphoma and NK/T-cell lymphoma (TOUCH) and KRAS-mutant non-small cell lung cancer (TRUMP).

8,242 Orion Corporation A shares converted into B shares

On December 18, 2020 In accordance with Section 3 of the Articles of Association of Orion Corporation, 8,242 A shares reported that have been converted into 8,242 B shares (Press release, Orion , DEC 18, 2020, View Source [SID1234573076]). The conversion has been entered into the Trade Register on 18 December 2020.

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The total number of shares in Orion Corporation is 141,134,278 which, after the conversion, consists of 35,122,793 A shares and 106,011,485 B shares. The number of votes of the company’s shares is after the conversion 808,467,345.

Repare Therapeutics Added to the NASDAQ Biotechnology Index

On December 17, 2020 Repare Therapeutics, Inc. ("Repare" or the "Company") (Nasdaq: RPTX), a leading clinical-stage precision oncology company enabled by its proprietary synthetic lethality approach to the discovery and development of novel therapeutics, reported that it has been selected for addition to the NASDAQ Biotechnology Index (NASDAQ: ^NBI) (Press release, Repare Therapeutics, DEC 17, 2020, View Source [SID1234573002]). Repare’s addition to the NBI will become effective prior to market open on Monday, December 21, 2020.

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The NASDAQ Biotechnology Index is designed to track the performance of a set of securities listed on The NASDAQ Stock Market (NASDAQ) that are classified as either biotechnology or pharmaceutical according to the Industry Classification Benchmark. The NASDAQ Biotechnology Index is calculated under a modified capitalization-weighted methodology and ranked on an annual basis. All securities in the NASDAQ Biotechnology Index are listed on the NASDAQ Global Market or the NASDAQ Global Select Market and meet minimum market value and share volume requirements, among other criteria.