Biocept Announces the Launch of its Liquid Biopsy Test to Detect TRK Biomarkers in the Blood of Patients Diagnosed with Cancer

On November 21, 2019 Biocept, Inc. (NASDAQ: BIOC), a leading commercial provider of liquid biopsy tests designed to provide physicians with clinically actionable information to improve the outcomes of patients diagnosed with cancer, reported the commercial availability of its Target Selector pan-TRK assay for the detection of TRK proteins (Press release, Biocept, NOV 21, 2019, View Source [SID1234551600]). With the Biocept assay, a simple blood sample can help inform physicians on the potential presence of NTRK fusions, which are actionable biomarkers that can be used to qualify patients for treatment with TRK inhibitor therapies. With the launch of this new assay, Biocept now offers 20 CLIA-certified liquid biopsy tests utilizing its Target Selector platform to determine the status of actionable solid tumor biomarkers.

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"Biocept’s Target Selector pan-TRK assay utilizes our proprietary circulating tumor cell (CTC) platform, which enables a simple blood-based test to screen for TRK gene alternations, a unique liquid biopsy offering," said Veena Singh, MD, Senior Vice President and Senior Medical Director at Biocept. "Biocept’s novel liquid biopsy tests are designed to help physicians rapidly and in real-time identify key biomarkers of interest to facilitate the clinical decision making process."

"We continue to execute on expanding our menu of non-invasive and cost-effective biomarker tests," said Biocept’s President and Chief Executive Officer Michael Nall. "Biocept now offers 20 commercially available liquid biopsy assays including two tumor-specific next generation sequencing panels that cover the most actionable genomic alterations for solid tumors. We believe that this comprehensive offering, including the addition of our Target Selector pan-TRK test, will help us increase adoption of our liquid biopsy platform in the oncology market."

About Biocept’s Liquid Biopsy pan-TRK Test for Potential NTRK Fusions

Precision medicine in oncology continues to evolve as the number of clinically validated biomarkers to determine treatment pathways for specific tumor types is growing. Genomic profiling has identified fusions of the NTRK gene, involving either NTRK1, NTRK2 or NTRK3, which encode for the protein receptors TRKA, TRKB and TRKC, respectively1. The presence of TRK proteins has been associated with more aggressive cancer in certain tumor types, such as lung cancer2. Currently, for qualified patients with NTRK fusions, there are two approved first-generation TRK inhibitor therapies on the market, Vitrakvi (larotrectinib) and Rozlytrek (entrectinib), which are associated with high clinical response rates (>75%)3. While the prevalence of NTRK fusions is low, they can be found across a broad range of tumor types, therefore testing patients for this family of biomarkers may be warranted4. Biocept’s novel Target Selector pan-TRK assay is a liquid biopsy test designed to detect NTRK antibodies from a patient’s blood sample. Sensitivity and specificity between the presence of TRK proteins and FISH detection of NTRK fusions is 95.2% and 100%5, respectively, therefore, Biocept’s pan-TRK assay can be used as a simple and cost-effective method for determining the potential presence of NTRK fusions and whether further testing is advised. For more information about Biocept’s Target Selector testing, please contact Biocept Customer Services at 888.332.7729.

Boston Scientific to Participate in Evercore ISI and Piper Jaffray Healthcare Conferences

On November 21, 2019 Boston Scientific Corporation (NYSE: BSX) reported to participate in two investor conferences this December (Press release, Boston Scientific Nordic, NOV 21, 2019, View Source [SID1234551599]).

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On Wednesday, December 4, 2019, Susie Lisa, vice president, Investor Relations, and Lauren Tengler, director, Investor Relations, will participate in a 40-minute question-and-answer session with the host analyst at the Evercore ISI HealthCONx Conference in Boston, Massachusetts. The session will begin at approximately 11:00 a.m. EST.

On Thursday, December 5, 2019, Susie Lisa will participate in a 25-minute question-and-answer session with the host analyst at the Piper Jaffray Healthcare Conference in New York City. The session will begin at approximately 11:00 a.m. EST.

A live webcast and replay of the webcast for both events will be accessible at investors.bostonscientific.comView Source The replay will be available beginning approximately one hour following the completion of each event.

Elios Therapeutics Presents Primary Analysis of Phase IIb Study Showing Personalized Cancer Vaccine Significantly Reduces Risk of Melanoma Recurrence in High-Risk Patients

On November 21, 2019 Elios Therapeutics, a biopharmaceutical company developing innovative personalized therapeutic cancer vaccines, reported that the Company presented the primary analysis of the prospective, randomized, double-blind, placebo-controlled Phase IIb clinical trial evaluating its tumor lysate, particle-loaded, dendritic cell (TLPLDC) vaccine, in patients with Stage III and IV resected melanoma (Press release, Elios Therapeutics, NOV 21, 2019, View Source [SID1234551598]).

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"Therapeutic cancer vaccines are an attractive alternative immunotherapy because of their potential safety, specificity, and long-lasting response due to stimulation of immune memory," said Mark B. Faries, M.D., co-director of the Melanoma Program and head of Surgical Oncology at The Angeles Clinic and Research Institute, an affiliate of Cedars-Sinai. "These results, coupled with a well-tolerated safety profile, support the rationale to further investigate the TLPLDC vaccine in combination with other immunotherapies and standard of care treatments, which may dramatically help to increase patient responses and prevent disease recurrence."

In the study, 144 participants were randomized to receive either the vaccine or placebo to prevent recurrence. The vaccines were initiated within three months of completion of standard of care therapy at 0, 1, 2, 6, 12, and 18 months. The primary endpoint was 24-month disease-free survival (DFS). The pre-specified per treatment (PT) analysis included all patients who completed the primary TLPLDC or placebo vaccine series (PVS) at six months. In the PT analysis, 24-month DFS was significantly improved in the TLPLDC vaccine group compared to placebo [62.9% vs. 34.8%; (HR=0.52, 95% CI: 0.27-0.98, p<0.041), representing a nearly 60% reduction in the relative risk of disease recurrence. There was a non-significant improvement in 24-month DFS between the TLPLDC and placebo arms in the intent-to-treat (ITT) analysis [38.5% versus 27%, (p=0.974)], but a stronger trend in improved 24-month overall survival (OS) in this analysis [86.4% vs. 75.1% (p=0.15)].

Therapy was well-tolerated with 31.7% of placebo patients and 35.9% of TLPLDC patients experiencing a related adverse event, the majority of which were grade 1 or 2. Additionally, an initial assessment of 36-month follow-up data on all patients indicated that the TLPLDC vaccine benefit is not only durable, but continues to increase beyond 24-months. As a result, the study will continue as designed to the 36-month landmark secondary endpoints of DFS and OS, anticipated in June 2020.

The TLPLDC vaccine is a personalized treatment that is created using a patient’s own blood and tumor cells. Samples are collected at resection, frozen, and sent to the lab where they are used to create autologous tumor lysate, which is loaded into yeast cell wall particles (YCWP). This combination is then introduced to the patient’s dendritic cells, leading to the creation of the final TLPLDC vaccine. The time from resection to injection of the vaccine takes approximately three weeks.

"This is a very different and personalized approach that is able to deliver each patient’s unique composite of tumor antigens to the immune system," said John R. Hyngstrom, M.D., surgical oncologist at the Huntsman Cancer Institute and associate professor of surgery at the University of Utah. "Administered in a six-month regimen, the vaccine ignites an innate and adaptive response that trains a patient’s immune system to ‘see’ melanoma cells and any of the specific proteins from their tumor that may be circulating throughout the body and kill them. A vaccine that can provide a protective benefit against melanoma would represent an important new tool for patients and their physicians," he added.

Melanoma is more likely to grow and spread than other types of skin cancer. When diagnosed and treated at an early stage, melanoma has a high cure rate, however patients with later stages of the disease carry a high risk for melanoma recurrence because some melanoma cells can remain in the body, even after surgery. In the U.S, the incidence of melanoma has increased over the past decades, with 91,270 estimated new cases and 9,320 related deaths in 2018.1

"Melanoma is an aggressive type of cancer that can spread to other parts of the body, even after successful treatment, making adjuvant therapy an important part of the treatment plan," said Kyleigh LiPira, M.B.A, chief executive officer of the Melanoma Research Foundation (MRF). "These results represent an important step forward in reducing the risk of disease recurrence, bringing us closer to the goal of helping each person with melanoma to have better outcomes and potentially extend survival."

"We are very pleased with the results of this study," said Buddy Long, chief executive officer of Elios Therapeutics. "We met with the FDA this month regarding Breakthrough Therapy and Regenerative Medicine Advanced Therapy (RMAT) designations and look forward to our scheduled End-of-Phase 2 meeting in January to seek their guidance on the registrational Phase III trial design and optimal regulatory pathway for the TLPLDC vaccine. Our number one priority is to bring this safe and effective treatment to patients with melanoma as soon as possible."

About the Phase IIb TLPLDC Study
This Phase IIb study is a prospective, randomized, double-blind, placebo-controlled trial designed to evaluate the safety and efficacy of the TLPLDC (tumor lysate, particle-loaded, dendritic cell) vaccine in patients with resected Stage III and IV melanoma. The primary endpoint of the trial is two-year disease-free survival (DFS).

In the study, 144 participants were randomized to receive either the vaccine or placebo to prevent recurrence. TLPLDC or placebo vaccines were initiated within three months of completion of standard of care (SoC) therapies and were given at 0, 1, 2, 6, 12, and 18 months. The protocol was amended to allow concurrent checkpoint inhibitor therapy once approved for the adjuvant setting. Study participants were followed for recurrence per SoC. The primary efficacy analysis was performed on the intent-to-treat (ITT) and the per treatment (PT) populations as co-primary analyses given the high early recurrence rate often seen in patients with advanced melanoma. Secondary endpoints include 36-month DFS and overall survival (OS) which will be compared between the vaccinated and control groups.

About TLPLDC
The TLPLDC (tumor lysate, particle-loaded, dendritic cell) vaccine is a unique type of immunotherapy, both in how it is made and how it is delivered. The vaccine is personalized, meaning it is made from a patient’s tumor and blood. Every patient’s tumor has a unique antigenic profile unlike any other, and dendritic cells found in the blood are the most potent antigen-presenting cells in the body. Once TLPLDC is administered, it delivers the patient’s complete repertoire of tumor antigens to the immune system, creating a dual innate and adaptive immune response, activating fighter T cells, and triggering the immune system to recognize, and seek out and destroy any cells containing the antigens and specific mutations from their tumor.

Historically, autologous cancer vaccines have been rather onerous to develop, sometimes taking months between the tumor biopsy and administration. Elios has simplified the process so the time from resection to injection is approximately two weeks. This makes the vaccine highly feasible and will ultimately be easy for community and academic oncologists to adopt into their practices.

The TLPLDC vaccine is currently being studied as a monotherapy and in combination with standard-of-care checkpoint inhibitor therapies in a Phase IIb clinical trial for the treatment of late-stage melanoma at leading academic cancer centers in the United States.

Centene Corporation Prices Offering of Senior Notes

On November 21, 2019 Centene Corporation (NYSE: CNC) ("Centene" or the "Company") reported that it has priced its offering of $7,000,000,000 aggregate principal amount of senior notes (Press release, Centene , NOV 21, 2019, View Source [SID1234551597]). The $7,000,000,000 of senior notes will include $1,000,000,000 aggregate principal amount of additional 4.750% senior notes due 2025 (the "Additional 2025 Notes") at a premium to yield 3.76%, $2,500,000,000 aggregate principal amount of new 4.250% senior notes due 2027 (the "2027 Notes") at a discount to yield 4.375% and $3,500,000,000 aggregate principal amount of new 4.625% senior notes due 2029 (the "2029 Notes" and, together with the Additional 2025 Notes and the 2027 Notes, the "Notes"). The Additional 2025 Notes will have the same terms as the Company’s existing 4.750% senior notes due 2025 (the "Existing 2025 Notes"), other than the issue date, the issue price, transfer restrictions, certain related registration rights and certain other limited exceptions. The Additional 2025 Notes will initially constitute a separate series of notes from the Existing 2025 Notes, but the Company has agreed to exchange the Additional 2025 Notes for additional Existing 2025 Notes, subject to certain conditions.

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The Additional 2025 Notes priced at 102.875% of the principal amount thereof, the 2027 Notes priced at 99.160% of the principal amount thereof and the 2029 Notes priced at 100.000% of the principal amount thereof, which together will result in aggregate gross proceeds of $7,007,750,000. The offering is expected to close on or about December 6, 2019, subject to customary closing conditions.

Centene intends to use the net proceeds of the 2027 Notes and the 2029 Notes and a portion of the proceeds of the Additional 2025 Notes to finance the cash consideration payable in connection with Centene’s previously announced acquisition of WellCare Health Plans, Inc. ("WellCare") and to pay related fees and expenses. Centene expects to use the remainder of the net proceeds of the Additional 2025 Notes for general corporate purposes, including the repayment of revolver borrowings. Centene currently expects the acquisition to be completed by the first half of 2020. The acquisition is, however, subject to customary closing conditions, and Centene cannot guarantee that the acquisition will be completed at or about such time, or at all. The closing of this offering is not conditioned on the closing of the acquisition. If the acquisition is not consummated, the Company will be required to redeem the 2027 Notes and the 2029 Notes at a redemption price equal to 100% of the principal amount thereof, plus accrued and unpaid interest, if any, to but excluding the redemption date. The Additional 2025 Notes will not be subject to a special mandatory redemption.

The Notes will be senior unsecured obligations of the Company and will be equal in right of payment with all of the Company’s existing and future senior indebtedness and will be senior in right of payment to all of the Company’s existing and future subordinated debt. The Notes will not be guaranteed by any of its subsidiaries.

The Notes will be offered to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to non-United States persons outside the United States in compliance with Regulation S under the Securities Act. The Notes have not been registered under the Securities Act and may not be offered or sold in the United States without registration or an applicable exemption from the registration requirements.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, qualification or exemption under the securities laws of any such jurisdiction.

CNS Pharmaceuticals Announces Full Exercise of Over-Allotment Option

On November 21, 2019 CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) ("Company"), a biotechnology company specializing in the development of novel treatments for brain tumors, reported the closing of the issuance of an additional 318,750 shares of its common stock pursuant to the exercise in full of the underwriters’ over-allotment option in connection with its initial public offering (the "IPO") (Press release, CNS Pharmaceuticals, NOV 21, 2019, View Source [SID1234551596]). The additional shares were sold at the IPO price of $4.00 per share, before underwriting discounts and commissions.

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The gross proceeds from the sale of the additional shares, before deducting underwriting discounts and commissions, was $1.3 million, bringing the total gross proceeds from the IPO to $9.8 million. The Company’s shares of common stock trade on the NASDAQ Capital Market under the ticker symbol "CNSP."

The Benchmark Company, LLC acted as sole Book Running Manager for the offering.

A registration statement on Form S-1 (File No. 333-232443) relating to the shares was filed with the Securities and Exchange Commission ("SEC") and became effective on November 7, 2019. The offering was made only by means of a prospectus. Copies of the final prospectus, when available, may be obtained from The Benchmark Company, LLC, Attn: Prospectus Department, 150 E 58th Street, 17th floor, New York, NY 10155, 212-312-6700, Email: [email protected].

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Berubicin
Berubicin is an anthracycline, a class of drugs among the most powerful chemotherapy drugs and effective against more types of cancer than any other class of chemotherapeutic agents. Anthracyclines are designed to damage the DNA of targeted cancer cells by interfering with the action of the topoisomerase II, a critical enzyme enabling cell proliferation. Berubicin was developed at the MD Anderson Cancer Center (MDACC), the world’s largest cancer research facility. Berubicin appeared to demonstrate one Durable Complete Response in a Phase I human clinical trial conducted by a prior developer.