Infinity Announces the Date of Its Fourth Quarter and Full Year 2019 Financial Results Conference Call and Webcast

On February 25, 2020 Infinity Pharmaceuticals, Inc. (NASDAQ: INFI) reported that it will host a conference call on Tuesday, March 3, 2020 at 4:30 p.m. ET to review its fourth quarter and full year 2019 financial results and provide an update on the company (Press release, Infinity Pharmaceuticals, FEB 25, 2020, View Source [SID1234554700]).

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A live webcast of the conference call can be accessed in the Investors/Media section of Infinity’s website at www.infi.com. To participate in the conference call, please dial (877) 316-5293 (domestic) and (631) 291-4526 (international) five minutes prior to start time. The conference ID number is 6177179. An archived version of the webcast will be available on Infinity’s website for 30 days.

Chi-Med to announce 2019 Final Results on Tuesday, March 3, 2020 – adjustment to announcement and presentation logistics due to travel restrictions

On February 25, 2020 Hutchison China MediTech Limited ("Chi-Med") (AIM/Nasdaq: HCM) reported that its final results for the year ended December 31, 2019 will be released on Tuesday, March 3, 2020 (Press release, Hutchison China MediTech, FEB 25, 2020, https://www.chi-med.com/chi-med-to-announce-2019-final-results-adjustment/ [SID1234554699]). The time has been revised to 12:00 noon Greenwich Mean Time (GMT) / 7:00 am Eastern Standard Time (EST) / 8:00 pm Hong Kong Time (HKT).

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Due to travel restrictions resulting from the novel coronavirus outbreak, Chi-Med management will not be travelling to London for a live presentation for analysts and investors. Analysts and investors are instead invited to join a conference call and audio webcast presentation with Q&A, conducted by Chi-Med management in Hong Kong and China.

The conference call and audio webcast will take place at 1:00 pm GMT / 8:00 am EST / 9:00 pm HKT on Tuesday, March 3, 2020 and will be webcast live via the company website at www.chi-med.com/investors/event-information/. The presentation will be available for downloading before the conference call begins. Details of the conference call dial-in will be provided in the financial results announcement and on the company website. A replay will also be available on the website shortly after the event.

Bicycle Therapeutics Announces Exclusive Strategic Collaboration with Genentech to Develop and Commercialize Bicycle®-based Immuno-oncology Therapies

On February 25, 2020 Bicycle Therapeutics plc (NASDAQ: BCYC), a biotechnology company pioneering a new and differentiated class of therapeutics based on its proprietary bicyclic peptide (Bicycle) technology, reported that it has entered into a strategic collaboration agreement with Genentech, a member of the Roche Group, to discover, develop and commercialize novel Bicycle-based immuno-oncology therapies (Press release, Bicycle Therapeutics, FEB 25, 2020, View Source [SID1234554697]).

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By entering into this early discovery collaboration with Genentech, Bicycle will be exploring its technology on a wider range of immuno-oncology targets, combining the expertise of both companies. Bicycle brings its proprietary discovery platform, which allows rapid screening of novel targets to identify Bicycles and the ability to readily conjugate these together to create novel molecules that may overcome the potential limitations of other modalities. Genentech brings to the collaboration its knowledge of immuno-oncology drug discovery and emerging target biology, as well as its development and commercialization expertise.

"Our collaboration with Genentech recognizes the potential of Bicycle’s differentiated technology, which allows us to specifically direct immune cell stimulators and other payloads to tumors in a highly targeted manner," said Kevin Lee, Ph.D., Chief Executive Officer of Bicycle Therapeutics. "In addition, the flexibility of the Bicycle platform enables rapid exploration of structure-activity relationships to fully optimize candidate molecules. We look forward to working closely with Genentech to pioneer the discovery and development of potential new cutting-edge cancer treatments based on Bicycles."

"Bicycles represent a novel therapeutic modality and have shown promise as modulators of several types of tumor-killing immune cells," said James Sabry, M.D., Ph.D., global head of Pharma Partnering, Roche. "By leveraging Genentech’s deep understanding of cancer immunology and Bicycle’s technological expertise, we hope to create a new wave of immunotherapy options to expand the population of patients who could potentially benefit from this powerful treatment paradigm."

Under the terms of the agreement, Genentech and Bicycle will collaborate on the discovery and pre-clinical development of novel Bicycle-based immunotherapies against multiple targets. Bicycle will be responsible for discovery research and early pre-clinical development up to candidate selection, and Genentech will be responsible for further development and commercialization upon the selection of candidates. None of Bicycle’s wholly owned oncology pipeline, including its immuno-oncology candidates, are included in the collaboration.

Bicycle will receive a $30 million upfront payment. The upfront payment and potential discovery, development, regulatory and commercial-based milestone payments could total up to $1.7 billion. Bicycle will also be eligible to receive tiered royalties on Bicycle-based medicines commercialized by Genentech.

ExCellThera announces preliminary Phase 2 data of ECT-001 Cell Therapy in high-risk leukemia and myelodysplasia

On February 25, 2020 ExCellThera Inc., a clinical stage biotechnology company delivering molecules and bioengineering solutions to expand stem and immune cells for therapeutic use, recently reported preliminary data from the Phase 2 trial of its ECT-001 Cell Therapy in patients with high-risk leukemia and myelodysplasia (MDS) (Press release, ExCellThera, FEB 25, 2020, View Source [SID1234554696]). The preliminary data was presented at the 2020 Transplant and Cellular Therapy (TCT) Annual Meeting in Orlando, Florida, and demonstrates excellent leukemia free survival in patients with high-risk leukemia and myelodysplasia.

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ECT-001 Cell Therapy is a combination of a small molecule, UM171, and an optimized culture system. The technology, capable of expanding the number of stem and immune cells exponentially in as little as seven days, is used in novel curative cord blood transplant therapies for patients with hematological malignancies, allowing more rapid engraftment, greatly reduced incidence of transplant-related mortality, low risk of chronic graft-versus-host disease and low risk of relapse, resulting in better outcomes for patients.

"The preliminary data from the ECT-001 Cell Therapy Phase 2 trial suggests excellent leukemia free survival for high-risk patients with leukemias and myelodysplasia; this data is extremely encouraging as these leukemia free survival results are not seen for this high-risk patient population under the current standard or care," said Dr. Guy Sauvageau, CEO and founder of ExCellThera. "This preliminary Phase 2 data in high-risk leukemias and myelodysplasia adds to the body of excellent clinical data for ECT-001, which has been dosed in over 50 patients to date. It further validates the introduction of the cryopreserved ECT-001 product, which will enable us to perform multi-centre trials and eventually provide global patient access to our cell therapy product."

ExCellThera expects that enrolment in Phase 2 trials of its ECT-001 Cell Therapy will be competed in 2020 and intends to continue dialogue with the FDA under the auspices of the RMAT designation on a pivotal registration-enabling study, and to have discussions with the European Medicines Agency for development in Europe.

Data presented at the 2020 Transplant and Cellular Therapy (TCT) Annual Meeting

Presenter: Sandra Cohen, MD, Hôpital Maisonneuve-Rosemont/Université de Montréal

Updated data from Phase 1/2 trial (completed) of ECT-001 Cell Therapy in patients with hematological malignancies:

Clinically viable with a rapid 7-day expansion and small culture volume
Accelerates clinically relevant engraftment (100 neutrophils at D+9.5) regardless of cord blood unit size
Reduced hospitalization length and fever (last day of fever D+7.5)
A single expanded cord is possible for all patients, with better HLA matching
Access to up to 50% of cord blood units in banks for 70kg patient
Low incidence of transplant related mortality (5%)
Excellent chronic GVHD-relapse-free survival (CRFS) of 74% at 33 months
Preliminary Data from Phase 2 trial (ongoing) of ECT-001 Cell Therapy in patients with high-risk leukemia and myelodysplasia

To date, seven (7) high-risk patients dosed with ECT-001 Cell Therapy
Preliminary data suggests excellent leukemia free survival

IO Biotech Announces Positive Outcome of Interim Analysis of Phase 2 Randomized Trial in First Line Non-small Cell Lung Cancer

On February 25, 2020 IO Biotech, a clinical-stage biopharmaceutical company developing novel, immune modulating anti-cancer therapies based on its proprietary T-win technology, reported the successful outcome of a scheduled interim analysis of the ongoing Phase 2 trial (IO102-012/KEYNOTE-764) of its lead cancer therapeutic vaccine, IO102, in non-small cell lung cancer (NSCLC) (Press release, IO Biotech, FEB 25, 2020, View Source [SID1234554683]). In this randomized trial, IO102 is being tested in combination with Merck’s anti-PD1 therapy, Keytruda (pembrolizumab) as a first-line therapy in patients with metastatic non-small cell lung cancer. The interim analysis was designed as a futility analysis. The Safety Monitoring Committee has recommended to continue the trial without modifications as the futility boundary was successfully passed.

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"We set a very high hurdle for the futility boundary for the interim analysis in this difficult to treat disease. Specifically, the successful outcome of this interim analysis required the objective response rate in the experimental arm to exceed the futility boundary which was substantially higher than the historical experience with Keytruda monotherapy in this population. We are excited to note that this hurdle has been successfully crossed," said Eva Ehrnrooth, MD, PhD, chief medical officer of IO Biotech. "Through this trial, we expect to get a comprehensive data set that paves the way for a potential pivotal trial of IO102 addressing the unmet medical need in NSCLC and solid tumors."

"The year 2020 will be a transformational year for IO Biotech. We are pleased by the data generated thus far in the ongoing trial of our off-the-shelf subcutaneous injectable treatment for patients with lung cancer. Additionally, the exciting data being generated in the ongoing melanoma trial with our proprietary T-win cocktail that includes IO102 and IO103 (our two clinical lead programs based on targeting IDO and PD-L1) will allow the company to initiate pivotal trials in two indications with two drugs," said Mai-Britt Zocca, PhD, CEO and Founder of IO Biotech. "We continue to demonstrate long term durability of drug effect with a very attractive safety profile for each of our clinical stage candidates, whether alone or in any combination."

IO Biotech’s lead candidate, IO102, is an Indoleamine 2,3-dioxygenase (IDO) derived immune modulating therapy with a dual mode of action – killing both cancer cells and immune-suppressive cells. IO Biotech’s IDO-derived immune modulating therapies previously demonstrated both a favorable safety profile and promising anti-tumor activity in its first human clinical trial of heavily pre-treated patients with NSCLC.

About the Study
IO102-012/KEYNOTE-764 is an Open-label, Randomized, Phase 1/2 Trial Investigating the Safety and Efficacy of IO102 in Combination with Pembrolizumab, with or without Chemotherapy, as first-line Treatment for Patients with Metastatic Non-Small Cell Lung Cancer. This global clinical trial is planned to accrue 108 patients across around 20 sites in the U.S. and Europe.

The IO102-012/KN-764 trial is part of a collaborative agreement with Merck & Co., Inc., Kenilworth, NJ, USA (known as MSD outside the US and Canada). The clinical trial is sponsored by IO Biotech. The rights to the study results will be shared, and IO Biotech has retained global commercial rights to IO102.

About NSCLC
According to the American Cancer Society (ACS), lung cancer is the leading cause of cancer death. Each year, more people die of lung cancer than colon, breast and prostate cancers combined. The two main types of lung cancer are non-small cell lung cancer and small cell lung cancer. NSCLC is the most common type of lung cancer, accounting for about 85 percent of all cases. According to the ACS, the five-year survival rate for patients suffering from highly advanced, metastatic (Stage IV) lung cancers is estimated to be six percent.

KEYTRUDA is a registered trademark of Merck Sharp & Dohme Corp., a subsidiary of Merck & Co., Inc., Kenilworth, NJ, USA.

About T-win Technology Platform
IO Biotech’s proprietary T-win technology platform enables identification of compounds with dual mechanism of action targeting and directly killing immunosuppressive cells and tumor cells while indirectly activating other T-effectors, leading to strong anti-tumor responses. The company’s compounds are administered as "off-the-shelf" subcutaneous injections, distinguishing these treatments from many immuno-oncology therapies.