Peloton Therapeutics, Inc. Therapeutics Initiates Phase 2 Trial of Oral HIF-2α Inhibitor PT2977 for Treatment of von Hippel-Lindau Disease-associated Kidney Cancer

On June 6, 2018 Peloton Therapeutics, Inc., reported dosing of the first patient in a Phase 2 trial evaluating the efficacy and safety of lead investigational oncology agent , PT2977, to treat von Hippel-Lindau (VHL) disease-associated kidney cancer (Press release, Peloton Therapeutics, JUN 6, 2018, View Source [SID1234527212]). PT2977 is a once-daily, oral inhibitor of HIF-2α, a transcription factor that has been implicated in the development and progression of renal cell carcinoma (RCC).

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"The initiation of this Phase 2 trial is an important milestone for Peloton and a critical step towards helping patients with this rare condition which can have serious lifelong health consequences," said Mohammad Hirmand, M.D., Peloton’s Chief Medical Officer. "The safety, pharmacokinetics, and clinical activity that we have observed in a Phase 1 trial of PT2977 provides insights into its potential to improve outcomes for patients with kidney cancer. We look forward to continuing clinical evaluation of this novel oral HIF-2α inhibitor."

The primary objective of the Phase 2 trial is to evaluate the efficacy of PT2977 for the treatment of VHL disease-associated renal tumors as measured by overall response rate. Secondary objectives include duration of response, time to response, progression free survival, and time to surgery for VHL disease-associated renal tumors. The trial will also evaluate the efficacy of PT2977 in other VHL disease-associated tumor types as well as the safety and pharmacokinetics of PT2977. Patients will be evaluated radiologically approximately every 12 weeks while continuing in the study.

"Unfortunately, there are no approved systemic therapies available for VHL disease. Currently, the only option is surgery, sometimes required multiple times which can be devastating for patients and does not cure the disease," said Eric Jonasch, M.D., Professor, Department of Genitourinary Medical Oncology, Division of Cancer Medicine; Director, VHL Clinical Center, The University of Texas MD Anderson Cancer Center. "We are excited about the opportunity to study PT2977 which may offer a new option as an orally available agent that could reduce the need and frequency of surgical intervention for patients with VHL-associated kidney disease."

Peloton’s drug discovery and development efforts focus on identifying novel compounds capable of modulating complex protein-protein interactions that drive disease which have eluded conventional small molecule approaches. Peloton has the only clinical stage small-molecule inhibitors of HIF-2α, and PT2977 has demonstrated a favorable profile in a Phase 1 study in patients with advanced solid tumors including RCC.

The study will enroll 50 patients at clinical trial centers across the United States and Europe. More information about the trial is available at www.clinicaltrials.gov, identifier NCT NCT03401788.

About VHL Disease

Von Hippel-Lindau (VHL) disease is a rare, hereditary cancer syndrome in which affected individuals have a mutation and/or deletion of the tumor suppressor VHL gene, and are at risk for the development of multiple tumors including renal cell cancer. The global incidence of VHL is estimated to be one in 36,000 people.

About PT2977

Peloton has succeeded in creating a series of orally-available small molecules that bind to HIF-2α and inhibit its transcription of disease-promoting genes. PT2977 is a once-daily, orally-active agent that blocks hypoxia-inducible factor-2α (HIF-2α). It is a structurally-related compound designed to be more potent with less pharmacokinetics variability compared to PT2385. PT2977 has demonstrated anti-tumor activity with a favorable safety profile in an early-stage clinical study in patients with solid tumors. Given its superior profile, PT2977 is the lead agent being developed in oncology by Peloton. In addition to the international Phase 2 trial of PT2977 in VHL disease-associated RCC, Peloton is evaluating the agent in a Phase 1 clinical trial for the treatment of advanced RCC.

Rubius Therapeutics Appoints Pablo J. Cagnoni, M.D. as Chief Executive Officer

On June 6, 2018 Rubius Therapeutics, a biotechnology company pioneering the development of a new class of ready-to-use cellular therapies, reported the appointment of Pablo J. Cagnoni, M.D., as Chief Executive Officer (Press release, Rubius Therapeutics, JUN 6, 2018, View Source [SID1234527211]). Torben Straight Nissen, Rubius’ President, will partner with Dr. Cagnoni to continue to advance the company’s pipeline and other business objectives.

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"Pablo’s deep industry expertise and role in the development and commercialization of more than 20 life-changing treatments positions him to lead Rubius as we continue to advance a new class of medicines to treat cancer, autoimmune diseases and rare diseases," said David Epstein, Chairman of Rubius Therapeutics. "We are extremely pleased to welcome Pablo as CEO."

Over the course of Dr. Cagnoni’s career as an oncologist and pharmaceutical executive, he has played a key role in the development, approval and commercialization of several transformative medicines, including Afinitor, Kyprolis and Tarceva. He most recently served as President and Chief Executive Officer of Tizona Therapeutics, a privately held biotech company focused on developing novel treatments for cancer. Prior to Tizona, Dr. Cagnoni served as President of Onyx Pharmaceuticals, Global Head of Clinical Development at Novartis Oncology, and Chief Medical Officer at Allos Therapeutics and OSI Pharmaceuticals, respectively. Dr. Cagnoni received his M.D. from the University of Buenos Aires School of Medicine, and completed fellowships in Hematology and Oncology at the Mount Sinai Medical Center, and in Stem Cell Transplantation at the University of Colorado Health Sciences Center.

"I am honored to join Rubius as CEO to continue building the company’s broad and diverse pipeline of Red Cell Therapeutics in multiple therapeutic areas, while making a significant impact for patients with serious diseases," said Dr. Cagnoni. "I look forward to partnering with Torben and the entire team

Protagonist Therapeutics to Present at the 2018 JMP Securities Life Sciences Conference

On June 6, 2018 Protagonist Therapeutics, Inc. (Nasdaq:PTGX) reported that Dinesh V. Patel, Ph.D., President and Chief Executive Officer, will provide a corporate overview at the 2018 JMP Securities Life Sciences Conference taking place June 20-21 at the St. Regis Hotel in New York, NY (Press release, Protagonist, JUN 6, 2018, View Source;p=RssLanding&cat=news&id=2353461 [SID1234527210]). The Protagonist Therapeutics presentation is scheduled for Wednesday, June 20, at 2 p.m. EDT.

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A live and archived webcast of the presentation can be accessed by visiting the Investors page of the Protagonist Therapeutics corporate website at View Source

Jefferies Global Healthcare Conference Presentation, dated June 2018.

On June 6, 2018 Pieris Pharmaceuticals, Inc. presented the Jefferies Global Healthcare Conference presentation of Pieris Pharmaceuticals, Inc (Presentation, Pieris Pharmaceuticals, JUN 6, 2018, View Source [SID1234527206]).

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Moleculin’s Breakthrough Discovery of a New Molecule for Cancer Treatment Advances to Development Agreement with the University of Iowa

On June 6, 2018 Moleculin Biotech, Inc., (Nasdaq:MBRX) ("Moleculin" or the "Company"), a clinical stage pharmaceutical company focused on the development of oncology drug candidates, all of which are based on license agreements with The University of Texas System on behalf of the M.D. Anderson Cancer Center, reported that has entered into an agreement with The University of Iowa Pharmaceuticals for the development of a formulation for WP1732 (Press release, Moleculin, JUN 6, 2018, View Source [SID1234527205]).

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"WP1732, which we believe, based on preclinical testing, is a breakthrough discovery, is now advancing to the stage of formulation development," commented Walter Klemp, Moleculin’s Chairman and CEO. "With the demand for clinical testing of WP1066 continuing to grow, it is easy to forget that we believe WP1732 represents a major expansion of our STAT3 inhibition capability by providing a highly soluble alternative that is ideally suited for IV administration. This agreement marks the beginning of our creating a preclinical package to submit to the FDA in order to request Investigational New Drug status."