Innate Pharma Highlights Abstracts Selected for ASCO 2025 Annual Meeting

On May 19, 2025 Innate Pharma SA (Euronext Paris: IPH; Nasdaq: IPHA) ("Innate" or the "Company") reported that four abstracts with Innate’s drugs in clinical development have been accepted for the American Society of Clinical Oncology (ASCO) (Free ASCO Whitepaper) 2025 Annual Meeting, taking place May 30-June 3, 2025 in Chicago, Illinois (Press release, Innate Pharma, MAY 19, 2025, View Source [SID1234653219]).

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"We are looking forward to participating in the ASCO (Free ASCO Whitepaper) Annual Meeting 2025, where four abstracts with Innate’s drugs in clinical development have been selected. In particular, we are pleased to share the long-term follow-up data from the TELLOMAK Phase 2 study, which underscores our continued commitment to advancing innovative therapies for patients," commented Dr Sonia Quaratino, Chief Medical Officer of Innate Pharma.

ASCO abstract details:

Lacutamab

Abstract: 2522
Abstract Title: Lacutamab in patients with relapsed and refractory Sézary syndrome: Long term follow-up from the TELLOMAK phase 2 trial
Session Type: Poster Session
Session Title: Developmental Therapeutics—Immunotherapy
Session Date and Time: Monday, June 2, 2025 – 1:30 – 4:30 PM CDT

Abstract: 2523
Abstract Title: Lacutamab in patients with relapsed and/or refractory mycosis fungoides: Long-term follow-up and translational data from the TELLOMAK phase 2 trial
Session Type: Poster Session
Session Title: Developmental Therapeutics—Immunotherapy
Session Date and Time: Monday, June 2, 2025 – 1:30 – 4:30 PM CDT

IPH4502

Abstract: TPS3159
Abstract Title: A phase 1, open-label, multi-center study of the safety, tolerability, and efficacy of IPH4502 as a single agent in advanced solid tumors
Session Type: Poster Session
Session Title: Developmental Therapeutics—Molecularly Targeted Agents and Tumor Biology
Session Date and Time: Monday, June 2, 2025 – 1:30 – 4:30 PM CDT

Monalizumab (partnered with AstraZeneca)

Abstract: 8046
Abstract Title: Neoadjuvant durvalumab (D) + chemotherapy (CT) + novel anticancer agents and adjuvant D ± novel agents in resectable non-small-cell lung cancer (NSCLC): Updated outcomes from NeoCOAST-2.
Session Type: Poster Session
Session Title: Lung Cancer—Non–Small Cell Local-Regional/Small Cell/Other Thoracic Cancers
Session Date and Time: Saturday, May 31, 2025 – 1:30 – 4:30 PM CDT

Molecular Partners to Present at Upcoming Investor Conferences

On May 19, 2025 Molecular Partners AG (SIX: MOLN; NASDAQ: MOLN), a clinical-stage biotech company developing a new class of custom-built protein drugs known as DARPin therapeutics ("Molecular Partners" or the "Company"), reported that members of the management team will participate in two upcoming investor conferences (Press release, Molecular Partners, MAY 19, 2025, View Source [SID1234653218]).

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H.C. Wainwright 3rd Annual BioConnect Investor Conference at NASDAQ:

Fireside Chat on Tuesday May 20, 2025 beginning at 3:30pm ET
TD Cowen’s 6th Annual Oncology Innovation Summit: Insights for ASCO (Free ASCO Whitepaper) & EHA (Free EHA Whitepaper):

Fireside chat on Wednesday, May 28, 2025 beginning at 10:00am ET
Both events will be webcast and available on the Molecular Partners website, under the investors tab.

CASI Pharmaceuticals Announces First Quarter 2025 Business and Financial Results

On May 16, 2025 CASI Pharmaceuticals, Inc. (NASDAQ:CASI), ("CASI" or the "Company"), a Cayman incorporated biopharmaceutical company focused on developing and commercializing innovative therapeutics and pharmaceutical products, reported business and financial results for the quarter ended March 31, 2025 (Press release, CASI Pharmaceuticals, MAY 16, 2025, View Source [SID1234654341]).

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Dr. Wei-Wu He, Ph.D., CASI’s Chairman and Chief Executive Officer, commented, "We remained focused on advancing the development of our lead program, CID-103. We dosed the initial patient in the third cohort at the target dose of 300mg in our Phase 1/2 dose-escalation study evaluating the safety, tolerability, and preliminary efficacy of CID-103 in adults with chronic immune thrombocytopenia (ITP). Simultaneously, we continue to work toward resolving the FDA clinical hold on our renal allograft antibody-mediated rejection (AMR) program."

Divestiture of Assets in China

On May 12, 2025, the Company announced that it had entered into a definitive Equity and Assets Transfer Agreement (the "Equity and Assets Transfer Agreement") with Kaixin Pharmaceuticals Inc., a Cayman Islands incorporated entity wholly-owned by Dr. Wei-Wu He ("Kaixin Pharmaceuticals") and two direct wholly-owned subsidiaries of the Company in China (the "Target Companies"), pursuant to which the Company will sell and transfer, and Kaixin Pharmaceuticals will purchase and acquire, 100% equity interests in both Target Companies (the "Target Equity Interest"), and all licensing rights, distribution rights, supply arrangements and related rights related to BI-1206 (in China), CID-103 (in Asia excluding Japan) and Thiotepa (in China excluding Hong Kong, Macau and Taiwan) (the "Target Pipeline Products") for an aggregate purchase price of $20.0 million, which shall include assumption of up to $20.0 million of indebtedness of the Company (the "Transaction"). The closing of the Transaction shall be subject to certain customary conditions, including the resolution of a certain judicial freeze on Target Equity Interest involved in the Transaction issued in connection with a certain ongoing legal dispute of the Company. The Company and Kaixin Pharmaceuticals plan to enter into certain novation and/or assignment agreements with relevant licensors to effect the transfer of rights related to the Target Pipeline Products, which is expected to be completed concurrently with the transfer of the Target Equity Interest.

After the closing of the Transaction, the Company expects to retain the rights related to CID-103 (in Japan and non-Asian regions), EVOMELA , FOLOTYN , CNCT19 and CB-5339. The Company believes this transaction marks a pivotal moment for CASI, underscoring its commitment to sharpening its strategic focus on core priorities and adapting to dynamic market conditions. By concentrating resources on the advancement of CID-103, CASI expects to be well positioned to deliver long-term value for both patients and shareholders.

First Quarter 2025 Financial Highlights

Revenues for the first quarter of 2025 were $6.2 million, an 82% increase compared to $3.4 million in the same period last year. This strong quarterly growth reflects the successful execution of our commercial strategy implemented in the second half of 2024.

Research and development expenses for the first quarter of 2025 were $1.9 million, down 24% from $2.5 million in the same period last year. The decline primarily reflects annual regulatory filing fees for our generic portfolio that was fully paid in the prior-year quarter. We ceased incurring this expense after we sold our generic portfolio in the second quarter of 2024.

General and administrative expenses for the first quarter of 2025 were $7.7 million, representing a 60% increase from $4.8 million in the same period last year. The increase was mainly attributable to legal fees in relation to our current arbitration with Juventas and dispute with Acrotech.

Net loss for the first quarter of 2025 was $10.8 million, a 14% increase compared to $9.5 million in the same period last year. The expanding of net loss was mainly attributed to the incurrence of legal fees mentioned above.

As of March 31, 2025, we had cash and cash equivalents of $10.9 million, a 19% decrease compared to $13.5 million as of December 31, 2024.

Further information regarding the Company, including its Quarterly Report for the quarter ended March 31, 2025, can be found at www.casipharmaceuticals.com.

Neutron Therapeutics and Helsinki University Hospital Treat First Head and Neck Cancer Patients Using Accelerator-Based Boron Neutron Capture Therapy

On May 16. 2025 Neutron Therapeutics LLC and the Helsinki University Hospital reported that they have treated the first cancer patients in a European hospital with accelerator-based boron neutron capture therapy (BNCT) (Press release, University of Helsinki, MAY 16, 2025, View Source [SID1234653214]). This milestone marks the culmination of a multi-year collaborative effort and represents the first clinical application of accelerator-based BNCT in the west.

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Approved in Japan but not currently available to patients outside of Asia, BNCT is a tumor-targeted radiation therapy in which epithermal neutrons activate a boron-bearing compound that is selectively taken up by tumors. The boron-neutron reaction generates high-energy alpha particles within tumor cells, destroying them while sparing healthy tissues. In contrast to treatments like traditional radiation or chemotherapy, BNCT is administered in just one or two sessions and has the potential to deliver highly effective radiation therapy at the cellular level while causing minimal disruption to patient quality of life.

The patients treated are the first in a ten-patient study aimed at demonstrating the safety of BNCT for locally recurrent head and neck cancer using Neutron Therapeutics’ nuBeam device, a compact accelerator-based, high-throughput neutron source used in combination with a locally compounded boron-carrying drug. The Comprehensive Cancer Center at Helsinki University Hospital has served as a hub for BNCT research and clinical trials since 1992 and is the first European facility to house a nuBeam Suite.

Neutron Therapeutics’ nuBeam Suite includes the complete array of tools required to administer BNCT: a neutron source, patient positioning & imaging capabilities, treatment control software, and treatment planning software. Clinical validation of the nuBeam Suite is ongoing and the company intends to submit for a CE mark when complete. Neutron Therapeutics is also in discussions with academic medical centers in the United States to bring this innovative cancer therapy to American patients.

"Neutron Therapeutics is proud to help bring BNCT to the western world, where no one has received this promising treatment for many years due to the decommissioning of reactor-based BNCT facilities," said Bill Buckley, co-founder of Neutron Therapeutics. "We look to a future where BNCT may be an alternative for patients whose disease does not respond to conventional forms of treatment. We are grateful to partner with the clinical team at Helsinki University Hospital, who bring decades of clinical experience to this endeavor."

"We are excited to take this first clinical step towards making BNCT available to the people of Finland and ultimately Europe and beyond," said Johanna Mattson, Director of the Comprehensive Cancer Center at Helsinki University Hospital. "This clinical trial addresses an area of significant unmet need. Our hospital’s experience with BNCT makes us well positioned to carry out this study and the subsequent trials that we hope will bring this therapy to many more patients with different types of solid tumors."

Sarepta Therapeutics Presents Data at the American Society of Gene & Cell Therapy Conference, Including Statistically Significant Functional Outcomes for 8- and 9-Year-Old Patients in New Data Analysis of EMBARK Part 2

On May 16, 2025 Sarepta Therapeutics, Inc. (NASDAQ:SRPT), the leader in precision genetic medicine for rare diseases, reported new data from Part 2 of the EMBARK study that continue to support the clinical benefits of ELEVIDYS (delandistrogene moxeparvovec-rokl), the only approved gene therapy for patients with Duchenne muscular dystrophy (Press release, Sarepta Therapeutics, MAY 16, 2025, View Source [SID1234653213]). These data are among other ELEVIDYS data from Sarepta’s portfolio presented during the 28th annual meeting of the American Society of Gene & Cell Therapy (ASGCT) (Free ASGCT Whitepaper) Conference.

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In the recent analysis of Part 2 of the EMBARK study, participants with Duchenne muscular dystrophy who had received a placebo in Part 1 and were aged 8 to 9 years (n=14) at crossover were included. At one year post ELEVIDYS treatment, there were between-group differences (least square means) on all key endpoints that were statistically significant, including 4.75 points (P=0.0026) on North Star Ambulatory Assessment (NSAA), 6.87 seconds in time-to-rise (TTR) from the floor (P=0.0010), and 4.76 seconds in 10-meter walk/run (10MWR) (P=0.0097) compared to a well-matched external control cohort.

"The latest data from the EMBARK study highlighting motor function improvements in 8- and 9-year-old boys is encouraging and adds to the growing body of evidence supporting ELEVIDYS," said Aravindhan Veerapandiyan, M.D., Associate Professor of Pediatrics at the University of Arkansas for Medical Sciences and Arkansas Children’s Hospital. "What stands out is that these patients were treated at an age when motor decline is typically expected in those with Duchenne. Yet, those who received ELEVIDYS demonstrated statistically significant and clinically meaningful functional improvements compared to external controls."

The results presented at ASGCT (Free ASGCT Whitepaper) are from the ongoing analysis of results from Part 2 of EMBARK, which compared two-year outcomes from 63 participants against data from an external control group of untreated individuals with Duchenne. Results at two years post-treatment showed that individuals treated with ELEVIDYS had better outcomes in multiple motor function measures, compared to a well-matched external control group. Additionally, no new safety signals were observed in the EMBARK study over the two-year duration and, in a subset of patients (n=16), micro-dystrophin expression and sarcolemmal localization was sustained from Week 12 to Week 64.

"This has been a significant year for our neuromuscular portfolio, with multiple, ongoing analyses and longer-term data on efficacy and safety presented for ELEVIDYS," said Louise Rodino-Klapac, Ph.D., chief scientific officer and head of research and development, Sarepta Therapeutics. "Building on the topline EMBARK Part 2 data from earlier this year, we’re committed to sharing ongoing analyses as fast as possible. The one-year results of patients treated with ELEVIDYS at 8 to 9 years old provide evidence that those treated with gene therapy outperform those who don’t receive it at a critical point when more dramatic functional decline is expected."

A full listing of Sarepta’s presentations at ASGCT (Free ASGCT Whitepaper) are below.

Abstracts can be found at View Source Data from presentations are embargoed until 6:00 AM CT on the presentation day for oral abstracts and until 6:00 AM CT on May 13, 2025 for poster abstracts.

Oral Presentations (*Previously presented at MDA 2025 and supplemented with additional data)

Title

Date, Time

Long-term Functional Outcomes and Safety Following Delandistrogene Moxeparvovec Treatment in DMD: EMBARK 2-Year Results*

May 16
4:30 – 4:45 p.m. CST
Room 393-396

Cardiovascular Investigation of SRP-9005 (AAVrh74.MHCK7.hSGCG) in Non-Human Primates: A Gene Therapy for Limb-Girdle Muscular Dystrophy 2C/R5

May 14
5 – 5:15 p.m. CST
New Orleans Theater B

Poster Presentations (*Denotes encore presentation)

Poster #

Title

#1350

3-Year Functional Outcomes of Patients with Duchenne Muscular Dystrophy: Pooled Delandistrogene Moxeparvovec Clinical Trial Data vs. External Controls*

#1353

Assessment of Cardiac Outcomes in Delandistrogene Moxeparvovec Clinical Trials for Duchenne Muscular Dystrophy*

#1422

In Situ Biodistribution and Localization of Bidridistrogene Xeboparvovec (SRP-9003) in LGMD2E/R4 Mice After 1 Year of Follow-up

About EMBARK, Study SRP-9001-301

Study SRP-9001-301, also known as EMBARK, is a multinational, phase 3, randomized, two-part crossover, placebo-controlled study of ELEVIDYS in individuals with Duchenne muscular dystrophy between the ages of 4 to 7 years. The primary endpoint is change from baseline in NSAA Total Score at Week 52 following treatment. Eligible participants received a single dose of ELEVIDYS during either Part 1 or Part 2 of the study.

In Part 1, participants (n=125) were randomized according to age (≥4 to <8 years) or NSAA Total Score at screening (>16 to <29) and received either 1.33 x1014 vg/kg of ELEVIDYS or placebo with a follow-up period for 52 weeks. In Part 2, participants cross over – meaning, those who were previously treated with placebo in Part 1 receive ELEVIDYS and participants who were previously treated with ELEVIDYS receive placebo, with a follow-up period for 52 weeks. All patients remained blinded through Part 1 and Part 2.

Secondary outcome measures in EMBARK include the quantity of micro-dystrophin produced by ELEVIDYS at week 12 (in a subset of participants) as measured by western blot, timed function tests, stride velocity and validated patient reported outcome measures for mobility and upper limb function. One-year results from the Part 1 placebo-controlled period of the EMBARK study were published in Nature Medicine in October 2024 and quantitative muscle MR (magnetic resonance) outcomes from part 1 of EMBARK were published in JAMA Neurology in May 2025.

About ELEVIDYS (delandistrogene moxeparvovec-rokl)

ELEVIDYS (delandistrogene moxeparvovec-rokl) is a single-dose, adeno-associated virus (AAV)-based gene transfer therapy for intravenous infusion designed to address the underlying genetic cause of Duchenne muscular dystrophy – mutations or changes in the DMD gene that result in the lack of dystrophin protein – through the delivery of a transgene that codes for the targeted production of ELEVIDYS micro-dystrophin in skeletal muscle.

ELEVIDYS is indicated for the treatment of Duchenne muscular dystrophy (DMD) in individuals at least 4 years of age.

For patients who are ambulatory and have a confirmed mutation in the DMD gene
For patients who are non-ambulatory and have a confirmed mutation in the DMD gene.
The DMD indication in non-ambulatory patients is approved under accelerated approval based on expression of ELEVIDYS micro-dystrophin in skeletal muscle. Continued approval for this indication may be contingent upon verification and description of clinical benefit in a confirmatory trial(s).

IMPORTANT SAFETY INFORMATION

CONTRAINDICATION: ELEVIDYS is contraindicated in patients with any deletion in exon 8 and/or exon 9 in the DMD gene.

WARNINGS AND PRECAUTIONS:

Infusion-related Reactions:

Infusion-related reactions, including hypersensitivity reactions and anaphylaxis, have occurred during or up to several hours following ELEVIDYS administration. Closely monitor patients during administration and for at least 3 hours after the end of infusion. If symptoms of infusion-related reactions occur, slow, or stop the infusion and give appropriate treatment. Once symptoms resolve, the infusion may be restarted at a lower rate.
ELEVIDYS should be administered in a setting where treatment for infusion-related reactions is immediately available.
Discontinue infusion for anaphylaxis.
Acute Serious Liver Injury:

Acute serious liver injury has been observed with ELEVIDYS, and administration may result in elevations of liver enzymes (such as GGT, GLDH, ALT, AST) or total bilirubin, typically seen within 8 weeks.
Patients with preexisting liver impairment, chronic hepatic condition, or acute liver disease (e.g., acute hepatic viral infection) may be at higher risk of acute serious liver injury. Postpone ELEVIDYS administration in patients with acute liver disease until resolved or controlled.
Prior to ELEVIDYS administration, perform liver enzyme test and monitor liver function (clinical exam, GGT, and total bilirubin) weekly for the first 3 months following ELEVIDYS infusion. Continue monitoring if clinically indicated, until results are unremarkable (normal clinical exam, GGT, and total bilirubin levels return to near baseline levels).
Systemic corticosteroid treatment is recommended for patients before and after ELEVIDYS infusion. Adjust corticosteroid regimen when indicated. If acute serious liver injury is suspected, consultation with a specialist is recommended.
Immune-mediated Myositis:

In clinical trials, immune-mediated myositis has been observed approximately 1 month following ELEVIDYS infusion in patients with deletion mutations involving exon 8 and/or exon 9 in the DMD gene. Symptoms of severe muscle weakness, including dysphagia, dyspnea, and hypophonia, were observed.
Limited data are available for ELEVIDYS treatment in patients with mutations in the DMD gene in exons 1 to 17 and/or exons 59 to 71. Patients with deletions in these regions may be at risk for a severe immune-mediated myositis reaction.
Advise patients to contact a physician immediately if they experience any unexplained increased muscle pain, tenderness, or weakness, including dysphagia, dyspnea, or hypophonia, as these may be symptoms of myositis. Consider additional immunomodulatory treatment (immunosuppressants [e.g., calcineurin-inhibitor] in addition to corticosteroids) based on patient’s clinical presentation and medical history if these symptoms occur.
Myocarditis:

Acute serious myocarditis and troponin-I elevations have been observed following ELEVIDYS infusion in clinical trials.
If a patient experiences myocarditis, those with pre-existing left ventricle ejection fraction (LVEF) impairment may be at higher risk of adverse outcomes. Monitor troponin-I before ELEVIDYS infusion and weekly for the first month following infusion and continue monitoring if clinically indicated. More frequent monitoring may be warranted in the presence of cardiac symptoms, such as chest pain or shortness of breath.
Advise patients to contact a physician immediately if they experience cardiac symptoms.
Preexisting Immunity against AAVrh74:

In AAV-vector based gene therapies, preexisting anti-AAV antibodies may impede transgene expression at desired therapeutic levels. Following treatment with ELEVIDYS, all patients developed anti-AAVrh74 antibodies.
Perform baseline testing for presence of anti-AAVrh74 total binding antibodies prior to ELEVIDYS administration.
ELEVIDYS administration is not recommended in patients with elevated anti-AAVrh74 total binding antibody titers greater than or equal to 1:400.
Adverse Reactions:

The most common adverse reactions (incidence ≥5%) reported in clinical studies were vomiting, nausea, liver injury, pyrexia, and thrombocytopenia.
Report negative side effects of prescription drugs to the FDA. Visit www.fda.gov/medwatch or call 1-800-FDA-1088. You may also report side effects to Sarepta Therapeutics at 1-888-SAREPTA (1-888-727-3782).