MPI’s spinout Oncology Venture in-licenses 2BBB’s Phase 2 lead product ‘2B3-101’ for 2X Oncology’s pipeline

On March 28, 2017 Medical Prognosis Institute A/S (MPI.ST) (Denmark and Phoenix, AZ, USA) reported that Oncology Venture a spinout from MPI and 2-BBB Medicines BV have entered into an exclusive global license agreement on 2-BBB’s Phase 2 lead product 2B3-101 – now called 2X-111 (Press release, 2X Oncology, MAR 28, 2017, View Source [SID1234526107]). 2X-111 has demonstrated clinical activity in a phase 2 study in metastatic Breast Cancer patients and in patients with Glioblastoma (primary brain cancer) both hard to treat cancers with a huge unmet medical need. 2X-111 will be combined with its Drug Response Predictor (DRP) as a companion diagnostic in DRP(TM) focused Phase 2 trials for selected, high-likelihood responder patients. The drug will be developed as a 2X Oncology Inc. pipeline drug. 2X Oncology Inc. is a spinout of Oncology Venture developing Precision medicine for Women’s cancers. MPI has a 10% ownership in 2X Oncology.

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The active anticancer drug in 2X-111, doxorubicin, is an almost identical molecule to epirubicin, for which it was recently announced that the DRP(TM) biomarker from MPI can, with certainty, identify those patients who benefit from treatment with the drug. A retrospective-prospective validation (i.e. the highest validation level) has been achieved for the epirubicin DRP(TM), and 2X-111 therefore has a similar risk reduced profile (like LiPlaCis in the Oncology Venture pipeline).

Under the terms of the agreement, Oncology Venture will be responsible for the development and commercialization of 2X-111 in oncology. Oncology Venture will, through 2X Oncology, fund and execute the mutually agreed clinical development plan, which includes an initial phase 2 clinical study in metastatic Breast Cancer through screening of approximately 250 patients in Denmark and potentially other countries with its DRP biomarker as a predictive/companion diagnostic. MPI will on behalf of OV handle the screening.

"It is great to see OV’s ability to identify proven active drugs to in-license and develop using MPI’s technology. I believe that the cutting-edge science and compelling clinical data behind the drug (now called 2X-111) in combination with our unique Drug Response Predictor (DRP(TM)) biomarker from MPI technology gives an exceptional risk reduced opportunity to develop effective treatments for hard to treat cancers," says Adjunct Professor Peter Buhl Jensen, M.D., CEO of MPI. "MPI has ownership of 10% of spinouts from Oncology Venture and development of drugs through OV is considered as an important validation of the technology as well as an important potential income stream," Peter Buhl Jensen further commented.

About MPI’s multiple biomarker called Drug Response Predictor – DRP(TM)
MPI’s DRP(TM) is a tool for developing tumor-derived genetic signatures to predict which cancer patients are high likely to respond to a given anti-cancer product. The DRP(TM) has been tested in 37 trials, where 29 trials showed that drug-specific DRP(TM) Biomarkers could predict which patients responded well to the treatment. The DRP(TM) platform has amongst others been externally validated and published in collaboration with leading statisticians at the MD Anderson Cancer Center. The DRP(TM) method can be used to design the Clinical Development Plan, i.e. to select which indications are relevant for a given anti-cancer drug. In addition to this, the individual genetic patterns of patients can be analyzed as part of a screening procedure for a clinical trial to ensure inclusion of patients with a high likelihood of response to the drug. DRP(TM) builds on comparison between sensitive and resistant human cancer cell lines, including genomic information from cell lines combined with clinical tumor biology and clinical correlates in a systems biology network. The DRP(TM) is a Big Data tool based on messenger RNA.
The DRP(TM) platform can be used in all cancer types, and has been patented for more than 70 anti-cancer drugs in the US.

More about tumor biopsies
The pathologist evaluates biopsies to see if it is cancer. At the operational theatre, the surgeon places the biopsy in formalin and submits the specimen to the pathology department. Here a technician embeds the tumor biopsy in a paraffin block to allow the cutting of very fine slices of the specimen. The slices are put on glass slides and stained with various dyes and finally evaluated by the pathologist. The tumor in formalin and paraffin are stored. The biopsy block belongs to the patient and follows her or him if she or he changes hospital. In Scandinavia, hospitals are mostly public and patients usually stick to their local hospital. The patient and her or his clinical data can be followed over years as well as CT scans and blood tests. Biopsy blocks can be reclaimed for tests.
In MPIs and Oncology Ventures LiPlaCis study more than 1,100 patients have agreed to allow the two companies to attain material from the paraffin embedded biopsies and to measure the gene expression on the material and relate it to treatment outcome. Gene expression is a measurement of the activity of the genes. Some are very active some are not active. There are 20,000 (twenty thousand) genes in normal tissue and in cancer and modern gene expression technology allows the measurement all the genes in one step on a single chip. MPI uses the commercially available Affymetrix chip for this purpose. MPI has developed and validated a link between gene expression and the efficacy of a range of anticancer drugs. This press release informs about a validation of the method by use of biopsy material and clinical data on four anticancer agents used in daily practice for breast cancer treatment. The companies have worked together with the Danish Cooperative Group for Breast Cancer and breast cancer experts on 10 hospitals to attain the data. The study encompasses data from more than 800 patients with metastatic Breast Cancer receiving almost 2800 treatment lines or an average of 3.5 treatments per patient. Biopsies were from the original diagnosis of Breast Cancer i.e. at a time where the patient was evaluated as curable and most of the patients at then received so-called adjuvant therapy with chemotherapy, irradiation and antihormone therapy after surgery. On average the biopsies were 10 years old.

Numab and Ono Pharmaceutical Co., Ltd. Enter into a Research and Option Agreement

On March 28, 2017 Numab Therapeutics AG ("Numab") reported a research and option agreement with Ono Pharmaceutical Co., Ltd. ("Ono") for the identification of a multi-specific antibody candidate for development in immuno-oncology (Press release, Numab, MAR 28, 2017, View Source [SID1234525266]).

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"We are extremely pleased to start our collaboration with Ono, a company with a track record of scientific excellence and innovation, and that most recently made its mark by launching a new era in cancer treatment with the development of the first anti-PD-1 antibody, Nivolumab/Opdivo."

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Under the agreement, Ono will obtain an option to acquire intellectual property rights to, and exclusive rights to develop and commercialize, the selected lead compound to be generated through this collaboration, which will exploit one of Ono’s novel therapeutic approaches in immuno-oncology. In exchange Numab will receive research funding and up to CHF 258 million in upfront and milestone payments plus tiered single to double digit royalties on sales.

Oliver Middendorp co-CEO of Numab, said: "We are extremely pleased to start our collaboration with Ono, a company with a track record of scientific excellence and innovation, and that most recently made its mark by launching a new era in cancer treatment with the development of the first anti-PD-1 antibody, Nivolumab/Opdivo."

Hiromu Habashita, Corporate Officer, and Executive Director of Discovery & Research of Ono, said: "We highly value the capabilities of Numab’s multi-specific antibody platform. It is robust, and optimized to reproducibly yield product candidates with outstanding binding properties. We believe it is ideally suited to fuel our immuno-oncology drug discovery and consequently a multi-specific antibody to be generated through this collaboration will provide hope to sufferers of cancer."

XOMA to Present Preclinical Data from its PTH1R Monoclonal Antibodies Program at the American Association for Cancer Research Annual Meeting

On March 28, 2017 XOMA Corporation (Nasdaq:XOMA), a pioneer in the discovery and development of therapeutic antibodies, reported the presentation of data from its PTH1R Monoclonal Antibodies Program (Press release, Xoma, MAR 28, 2017, View Source [SID1234518318]). The poster, which reports data from a pre-clinical study investigating the efficacy of the Company’s anti-PTH1R antagonist monoclonal antibody in reversing hypercalcemia, will be presented at the American Association for Cancer Research (AACR) (Free AACR Whitepaper) annual meeting, April 1-5, 2017, in Washington, DC.

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Hypercalcemia is relatively common in patients with cancer, occurring in up to 30 percent of casesi. Hypercalcemia often occurs in patients with both solid tumors and hematologic malignancies due to release of a protein that activates the parathyroid hormone receptor (PTH1R) thereby leading to potentially dangerous calcium levels. Malignancy often is evident clinically by the time it causes hypercalcemia, and those patients often have a poor prognosis.

“Our PTH1R program began as an endocrine program, but because of its unique mechanism-of-action we believe it is also potentially beneficial to oncology patients suffering from hypercalcemia,” said Jim Neal, Chief Executive Officer of XOMA. “We seek partners who have a deep commitment to and expertise in drug development. We believe our PTH1R program could join the other antibodies in our extensive licensing portfolio of fully funded programs that are being advanced by partner companies to benefit patients suffering from a wide range of health conditions.”

Poster Presentation Details
Abstract Title: Impacting Humoral Hypercalcemia of Malignancy (HHM) and associated PTH1R-mediated morbidities: Characterization of an anti-PTH1R antagonist monoclonal antibody to reverse hypercalcemia

Session: Late-Breaking Research (LB-306): Experimental and Molecular Therapeutics 2
Date: Wednesday, April 5, 2017, 8:00am to 12:00pm ET
Location: Poster Section 34, Board 14

For additional information, please visit the AACR (Free AACR Whitepaper) website: www.aacr.org.

About XOMA’s PTH1R Monoclonal Antibodies Program
XOMA has developed several unique functional antibody antagonists targeting PTH1R, a G-protein-coupled receptor involved in the regulation of calcium metabolism. These antibodies have shown promising efficacy in in vivo studies and potentially could address high unmet medical needs, including primary hyperparathyroidism (PHPT) and humoral hypercalcemia of malignancy (HHM).

HHM is present in many advanced cancers and is caused by high serum calcium due to increased levels of the PTH1R ligand PTH-related peptide (PTHrP). Since current HHM treatments often fall short and many cancer patients die from ‘metabolic death’, PTH1R antibodies could prove beneficial for the treatment of HHM.

Asana BioSciences highlights progress in its Oncology portfolio with new data at AACR 2017 on ASN002, ASN003 and ASN004

On March 27, 2017 Asana BioSciences, LLC, an oncology focused, clinical stage biopharmaceutical company, reported that it will be presenting preclinical data regarding three of its lead molecules at the American Association for Cancer Research (AACR) (Free AACR Whitepaper) Annual Meeting being held in Washington, DC, April 1-5, 2017 (Press release, Asana BioSciences, MAR 28, 2017, View Source [SID1234518302]).

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The presentation details are as follows:

1. ASN002:

A novel dual SYK/JAK inhibitor with strong antitumor activity in both hematological and solid tumor xenograft models
Abstract #: 4204; Location: Section PO.ET06.06, Poster Board Number 27
Authors: S.P. Reddy, N. Rao, D. Zammit, S.K. Thompson, R.A. Smith, L. Denis
Date/Time: Tuesday, April 4, 2017 at 1:00pm – 5:00pm EDT

2. ASN003:
A highly selective inhibitor of B-Raf and PI3 kinases, shows strong antitumor activity in B-Raf inhibitor resistant patient-derived xenograft models
Abstract #: 158; Location: Section PO.ET06.08, Poster Board Number 25
Authors: S.K. Thompson, R.A. Smith, N. Rao, M.J. Wick, S.P. Reddy
Date/Time: Sunday, April 2, 2017 at 1:00pm – 5:00pm EDT

3. ASN004:
A novel 5T4-targeted Dolaflexin ADC, achieves complete regressions and tumor-free survivors in a broad variety of solid tumor models
Abstract #: 43; Location: Section PO.ET07.01, Poster Board Number 24
Authors: R.A. Smith, D.J. Zammit, S.P. Reddy
Date/Time: Sunday, April 2, 2017 at 1:00pm – 5:00pm EDT
ASN002 is a potent inhibitor of spleen tyrosine kinase (SYK) and Janus kinases (JAK). These kinases are involved in both cytokine production and signaling and have been implicated in the pathogenesis of various types of lymphomas, solid tumors, myeloproliferative and inflammation disorders. Potent anti-proliferative activity of ASN002 in a broad panel of cell lines and inhibition of tumor growth in animal models, representing both lymphoma/leukemia and solid tumors, will be presented. As well, the antiproliferative activity of ASN002 in ibrutinib-resistant cell lines will be discussed. ASN002 is currently being evaluated in a Phase I/II clinical study in patients with lymphomas (DLBCL, mantle cell lymphoma and follicular lymphoma) and solid tumors.

ASN003 is a potent and highly selective inhibitor of both B-RAF and PI3 kinases. Preclinical data with ASN003, demonstrating broad anti-proliferative activity in tumor cell lines and strong tumor growth inhibition in tumor xenograft models, including B-RAF inhibitor resistant models, will be presented. ASN003 is currently in Phase I clinical development in patients with advanced solid tumors, including melanoma, colorectal cancer and non-small cell lung cancer. ASN003 shows the potential to be developed as monotherapy or in combination with checkpoint inhibitors or standard of care.

ASN004 is an Antibody Drug Conjugate (ADC) that targets the 5T4 oncofetal antigen (trophoblast glycoprotein) that is expressed in a wide range of malignant tumors, while very limited expression is found in normal tissues. Preclinical data will be presented, demonstrating robust antitumor activity of ASN004 leading to complete tumor regressions in multiple human tumor xenograft models and lack of development of resistance to ASN004 treatment. ASN004 is currently in preclinical development and the IND-enabling studies are scheduled to be completed in the second half of this year.

OncoSec to Present Preclinical Data at the American Association for Cancer Research (AACR) Annual Meeting 2017

On March 28, 2017 OncoSec Medical Incorporated ("OncoSec") (NASDAQ: ONCS), a company developing DNA-based intratumoral cancer immunotherapies, reported it will present preclinical results from recent studies describing the latest developments of its gene delivery platform, at a poster session at the upcoming American Association of Cancer Research (AACR) (Free AACR Whitepaper) Annual Meeting, in Washington, D.C., on April 1- 5, 2017 (Press release, OncoSec Medical, MAR 28, 2017, View Source [SID1234518300]).

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Details of the poster abstract are as follows:

Abstract Title: Intratumoral Delivery of a P2A-linked Bicistronic IL-12 Construct Leads to High Intratumoral Expression and Systemic Anti-tumor Response (Abstract ID #: 1614)
Session Title: Cytokines: The First Modern Immunotherapies
Date and Time: Monday, April 3, 2017 / 8:00 a.m. – 12:00 p.m. EDT
Location: Convention Center, Halls A – C, Poster Section 26
Further details on the poster presentation will be provided in upcoming Company communications. For more information about this conference, please visit: www.aacr.org.