Micronoma Closes $3.5M Convertible Debt Financing Round

On February 22, 2021 Micronoma, a San Diego, Calif.-based cancer detection biotech company reported that utilizes signals from the tumor-related microbiome to diagnose cancer at an early stage with liquid biopsy technology, closed a $3.5m convertible debt financing round (Press release, Micronoma, FEB 22, 2021, View Source [SID1234578332]).

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Backers included SymBiosis, LLC, and The Seerave Foundation. The investments bring the company’s total amount of funding to $6.5m since the first seed round six months ago.

Led by Sandrine Miller-Montgomery, CEO, Micronoma decrypts signals from some of the most ancient matter in the world, the microbiome, to detect cancer early, from all genomes.

The company intends to use the funds to complete its validation study on lung cancer prediction, set up CLIA (Clinical Laboratory Improvement Amendments) operations, establish its go-to-market strategy utilizing its Oncobiota platform, and initiate work on a second cancer target.

Wugen Announces Exclusive License Agreement for their Memory Natural Killer (NK) Cell-based Therapy Program with Washington University in St. Louis

On February 22, 2021 Wugen Inc., a biotechnology company developing novel, universal allogeneic cellular therapies, reported that it has entered into an exclusive license agreement with Washington University in St. Louis, one of the world’s leading research institutions, for the development of Wugen’s Memory Natural Killer (NK) Cell program (Press release, Wugen, FEB 22, 2021, View Source [SID1234576287]).

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While currently approved autologous cellular therapies have been shown to effectively treat B cell cancers, there remains significant unmet need for treating other cancers, including solid tumors. Memory NK cells have been demonstrated in the clinic to be safe and effective, with several significant advantages over existing therapies. By dovetailing its extensive experience in developing "off-the-shelf" CAR-T with Memory NK cells, Wugen will be able to rapidly deliver its off-the-shelf Memory NK platform to patients.

Todd Fehniger, M.D., Ph.D., Professor of Medicine, Oncology Division, at Washington University and a cellular therapy and transplantation specialist, will be leading these efforts. "Wugen’s Memory Natural Killer (NK) Cell-based therapy program will open up new avenues to explore treatment options for incurable and intractable diseases such as Acute Myeloid Leukemia and Multiple Myeloma, for which current treatment options have limited or no benefit," said Dr. Fehniger. "I look forward to partnering with Wugen to advance these NK cell programs and deliver these much-needed solutions to patients worldwide, and to also expand the impact of memory NK cells to solid tumor immunotherapy."

"This agreement expands our ongoing collaboration with one of the leading research institutions to develop cutting edge cell therapies to treat solid and hematological cancers," said John McKearn, Ph.D., CEO of Wugen. "Our innovative approach is aimed to treat patients who currently lack therapeutic options."

Wugen Appoints Jan Davidson M.D., Ph.D., as Chief Medical Officer to Guide the Company’s Global NK and T cell Clinical Programs

On February 22, 2021 Wugen Inc., a biotechnology company developing novel, universal allogeneic off-the-shelf cell therapies, reported the appointment of Jan Davidson M.D., Ph.D., as the company’s Chief Medical Officer (CMO) (Press release, Wugen, FEB 22, 2021, View Source [SID1234576286]). A leader in oncology research and development, Dr. Davidson has a firsthand understanding of successful design and implementation of oncology clinical trials and expansive immuno-oncology research experience across a variety of cancers. In his CMO position at Wugen, he will be steering the company’s global clinical initiatives targeting solid and liquid tumors.

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"Jan will be an invaluable asset to the Wugen as we continue to develop and expand our clinical footprint. His experience in oncology clinical trials and seeing them through to successful execution will provide critical support in advancing Wugen’s candidates through the clinic," said John McKearn, Ph.D., CEO of Wugen. "Jan will be guiding the team to achieve the ultimate goal of creating effective therapies for cancer patients."

Dr. Davidson adds, "I look forward to advancing Wugen’s novel cell therapy platform through clinical testing, and anticipate bringing our transformative Memory NK and T cell programs into tangible clinical treatments, with the goal of addressing the unmet needs of patients suffering from difficult-to-treat solid and hematologic malignancies."

In his most recent most role as Senior Director for Clinical Research at Macrogenics, Dr. Davidson oversaw the company’s translational and clinical research efforts. Prior to MacroGenics, Dr. Davidson conducted clinical research at the National Heart and Lung Institute at National Institutes of Health (NIH) where he investigated NK cell ontogeny and subtypes. Dr. Davidson was the attending physician at Walter Reed National Military Medical Center’s Murth Cancer Center before joining the biotech industry. His substantial research and medical career saw him in senior positions at NHLBI Bone Marrow Transplant Service, Center for Human Immunology and the National Cancer Institute of the NIH, Montefiore Medical Center and The Rockefeller University Hospital among others. He is a physician-scientist with numerous research grants and awards under his name. Dr. Davidson received his MBBS and his Ph.D. in Molecular Medicine from the University College London, University of London in the UK.

Arbutus to Report Fourth Quarter and Year End 2020 Financial Results and Provide Corporate Update

On February 22, 2021 Arbutus Biopharma Corporation (Nasdaq: ABUS), a clinical-stage biopharmaceutical company primarily focused on developing a cure for people with chronic hepatitis B virus (HBV) infection, as well as therapies to treat coronaviruses (including COVID-19), reported that it has scheduled its fourth quarter and year end 2020 financial results and corporate update for Thursday, March 4, 2021 (Press release, Arbutus Biopharma, FEB 22, 2021, View Source [SID1234576183]). The schedule for the press release and conference call/webcast are as follows:

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•Q4 and Year End 2020 Press Release: March 4, 2021 at 7:30 a.m. ET
•Q4 and Year End 2020 Conference Call/Webcast: March 4, 2021 at 8:45 a.m. ET
•Domestic Dial-In Number: (866) 393-1607
•International Dial-In Number: (914) 495-8556
•Conference ID Number: 4084504
A live webcast of the conference call can be accessed through the Investors section of Arbutus’ website at www.arbutusbio.com or directly at Live Webcast.

An archived webcast will be available on the Arbutus website after the event. Alternatively, you may access a replay of the conference call by calling (855) 859-2056 or (404) 537-3406, and reference conference ID: 4084504.

NMPA Approves Toripalimab in Patients with Recurrent or Metastatic Nasopharyngeal Carcinoma after Failure of at Least Two Lines of Prior Systemic Therapy

On February 22, 2021 Junshi Biosciences (HKEX: 1877; SSE: 688180), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development and commercialization of novel therapies, reported that the National Medical Products Administration (NMPA) of China has granted a conditional approval to toripalimab for the treatment of patients with recurrent or metastatic nasopharyngeal carcinoma (NPC) after failure of at least two lines of prior systemic therapy (Press release, Shanghai Junshi Bioscience, FEB 22, 2021, View Source,Diagnosis%20and%20Treatment%20of%20Melanoma. [SID1234575792]). This is the first approval of immune checkpoint blockade therapy in NPC in the world and the second approved indication for toripalimab in China. In December 2018, Toripalimab obtained a conditional approval from the NMPA for the second-line treatment of unresectable or metastatic melanoma.

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In April 2020, the supplemental NDA for Toripalimab in patients with recurrent or metastatic NPC after failure of at least two lines of prior systemic therapy was accepted by the NMPA and received priority review designation from the NMPA in July 2020. The supplemental NDA is based on the POLARIS-02 study (NCT02915432), which is a multi-center, open-label, Phase II pivotal registrational clinical study led by Professor Ruihua Xu from Sun Yat-sen University Cancer Center. The study enrolled a total of 190 patients with recurrent or metastatic NPC after failure of prior systemic therapy. The POLARIS-02 study is the world’s largest clinical study for any immune checkpoint inhibitor monotherapy for the treatment of recurrent or metastatic NPC. In January 2021, the results of the POLARIS-02 study were published online in the Journal of Clinical Oncology.

The results of the POLARIS-02 study showed that Toripalimab demonstrated durable anti-tumor activity and survival benefits regardless of PD-L1 expression status with a manageable safety profile. In 92 patients with recurrent/metastatic NPC after failure of at least two lines of prior systemic chemotherapy, the objective response rate (ORR) was 23.9%; the median duration of response (mDOR) 14.9 months; and the median overall survival (mOS) 15.1 months.

"The great variability in prevalence of NPC across the globe is evident, which leads to challenges in new drug research and development on a global scale. Despite this, unmet medical needs for NPC remain globally. Our data show that NPC is clearly responsive to immunotherapy. It is notable that toripalimab lacks the usual side effects of cytotoxic therapy and is generally well tolerated by patients, showing a great potential for further development in the treatment of NPC," said Dr. Patricia Keegan, Chief Medical Officer of Junshi Biosciences. "As an innovation-driven pharma who follows the ‘In China, For Global’ strategy, we focus on tumor types that are 1) highly prevalent in China; 2) responsive to immunotherapy; and 3) where there is urgent unmet need for better and safer treatments. We sincerely appreciate the contributions made by investigators and patients of the POLARIS-02 study, empowering us to obtain this critical medical evidence to advance treatment options for so many. In addition, we have also developed a R & D program for treatment of NPC, regardless of extent of prior treatment, and look forward to providing better treatment options for patients with advanced nasopharyngeal carcinoma in China and beyond."

About Nasopharyngeal carcinoma
Nasopharyngeal carcinoma is a malignant tumor that occurs in the nasopharyngeal mucosal epithelium and is one of the most common head and neck cancers. According to the World Health Organization (WHO), the number of newly diagnosed nasopharyngeal carcinoma cases in 2020 has reached approximately 133,000 worldwide, and nearly half of the cases occurred in China.

About Toripalimab
Toripalimab was the first domestic anti-PD-1 monoclonal antibody approved for marketing in China. More than thirty company-sponsored clinical studies covering more than fifteen indications have been conducted globally, including in China and the United States. On 17 December 2018, Toripalimab obtained a conditional approval from the NMPA for the second-line treatment of unresectable or metastatic melanoma. Toripalimab was included in the 2019 and 2020 Guidelines of Chinese Society of Clinical Oncology (CSCO) for the Diagnosis and Treatment of Melanoma. The supplemental NDA of Toripalimab for the second-line treatment of metastatic urothelial carcinoma was accepted by the NMPA in May 2020 and received priority review designations from the NMPA in July 2020. In September 2020, Toripalimab was granted Breakthrough Therapy Designation by the US Food and Drug Administration ("FDA") for the treatment of recurrent/metastatic nasopharyngeal carcinoma. In December 2020, Toripalimab was successfully included in the updated National Reimbursement Drug List. In February 2021, the supplemental NDA application of Toripalimab in combination with chemotherapy for the first-line treatment of patients with advanced, recurrent or metastatic nasopharyngeal carcinoma was accepted by the NMPA. Currently, Toripalimab has been granted 1 Breakthrough, 1 Fast Track, and 3 Orphan Drug Designations by the FDA for the treatment of mucosal melanoma, nasopharyngeal carcinoma, and soft tissue sarcoma.