Actinium Pharma Highlights Abstract Accepted for Poster Presentation at the SITC 38th Annual Meeting

On September 27, 2023 Actinium Pharmaceuticals, Inc. (NYSE AMERICAN: ATNM) (Actinium or the Company), a leader in the development of targeted radiotherapies, reported details of an abstract accepted for poster presentation at the upcoming Society of Immunotherapy of Cancer (SITC) (Free SITC Whitepaper) 38th Annual Meeting, which will be held in San Diego, November 3-5, 2023 (Press release, Actinium Pharmaceuticals, SEP 27, 2023, View Source [SID1234635439]).

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Details of the SITC (Free SITC Whitepaper) poster presentation:

Abstract Title: Preclinical evaluation of lintuzumab-Ac225, a CD33 antibody radioconjugate targeting myeloid-derived suppressor cells
Abstract Number: 1166
Session: November 4, 9:00 AM – 8:30 PM PT, Exhibit Halls A and B1

BioTroy Therapeutics’ globally pioneering anti-tumor drug receives approval for clinical research in the United States

On September 26, 2023 Shanghai BioTroy Therapeutics reported that its self-developed novel anti-tumor drug BT02 has recently received Investigational New Drug Clinical Trial (IND) approval from the U.S. Food and Drug Administration (FDA) and has officially entered the clinical development stage (Press release, Biotroy Therapeutics, SEP 26, 2023, View Source [SID1234655091]).

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The advancement of cancer immunotherapy checkpoint inhibitors has revolutionized clinical practices with their profound therapeutic efficacy. Identifying novel, efficacious targets is pivotal in augmenting response rates and achieving clinical benefits. Historically, significant advancements at the target level have predominantly been achieved by international entities, including Medarex, Inc. (focusing on PD-1 and LAG-3 targets), Forty Seven, Inc. (specializing in CD47 target), and Jounce Therapeutics, Inc. (concentrating on ICOS target), all of which are leading biotechnology firms listed on NASDAQ. However, with the continuous enhancement of China’s foundational scientific research capabilities and the maturation of the innovative incubation investment landscape, a shift in this trend is anticipated. BioTroy Therapeutics has pioneered in advancing new target antibody drugs into clinical trials, concurrently contributing to the biological research of these targets. This initiative epitomizes the ‘from 0 to 1’ paradigm in original drug research and development, establishing a comprehensive global patent framework encompassing antibodies, epitopes, and targets for robust intellectual property protection. The investigational drug has demonstrated remarkable preclinical efficacy against a range of intractable late-stage solid tumors. The successful authorization of this clinical trial signifies a landmark progression in the development of its pipeline.

Dr. Jie Xu, founder of BioTroy Therapeutics and a distinguished figure in national scientific and technological innovation, remarked: ‘The discovery of therapeutic targets represents a crucial phase in drug development. Despite the scarcity of breakthroughs at the target level within the domestic realm, the clinical trial approval of BioTroy Therapeutics’ ‘from 0 to 1′ innovative drug harbors the potential to infuse newfound hope and vigor into the oncological therapeutic arena.’

BioTroy Therapeutics is a company engaged in the research and development of new tumor treatment targets and drugs. Established in Shanghai in 2020, it has completed financing of over 150 million RMB. BioTroy Therapeutics has established multiple research platforms including BioTroy Engine for tumor multi-omics analysis, receptor-ligand discovery, target signal transduction pathway research, antibody discovery and engineering, in vivo pharmacodynamics and translational medicine in large animals, biomarkers, and precision medicine. The company is committed to ‘from 0 to 1’ original target discovery and global intellectual property layout. It advances ‘first in class’ new drug development based on solid scientific research data and cutting-edge translational medicine concepts. The company’s main pipeline focuses on tumors that are unresponsive to PD-1/PD-L1 inhibitors, and has achieved encouraging results.

A-Alpha Bio Collaborates with Amgen to Identify and Validate Ligase-Target Pairs for Molecular Glue Discovery

On September 26, 2023 A-Alpha Bio (A-Alpha), a synthetic biology and machine learning company that measures and engineers protein-protein interactions, reported the expansion of their collaboration with Amgen’s Induced Proximity Platform to characterize interactions between ligases and molecular glue targets for protein degradation (Press release, A-Alpha Bio, SEP 26, 2023, View Source [SID1234636945]).

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As part of a research collaboration initiated in 2022 with Amgen, a leading biotechnology company, A-Alpha discovered several weakly interacting ligase-target pairs between a list of Amgen’s targets and A-Alpha’s proprietary library of E3 ubiquitin ligases. Following review of the results from the initial collaboration and additional work carried out by Amgen, A-Alpha and Amgen have agreed to an expanded collaboration. Under the expanded collaboration agreement, A-Alpha will further interrogate selected pairs to evaluate glueability and provide structural insights expected to enable rational design of molecular glue degraders. A-Alpha Bio will receive an upfront payment and will be eligible for milestones and a royalty on product sales resulting from licensed ligase-target pairs.

"Our work with Amgen over the past six months has been exciting and fruitful. We have enjoyed collaborating with an incredible industry-leading team on this major area of interest," said David Younger, CEO and Co-Founder of A-Alpha Bio. "We look forward to expanding our collaboration and moving into the validation of glueability and the generation of data to inform rational molecular glue discovery. Combining our technology and expertise with Amgen’s has the potential to generate high-impact therapeutics and advance our mission to improve human health."

Entry into a Material Definitive Agreement

On September 26, 2023, Roivant Sciences Ltd. (the "Company") reported to have entered into common share purchase and sale agreements (collectively, the "Purchase and Sale Agreements") with certain institutional investors, pursuant to which the Company agreed to issue and sell an aggregate of 19,600,685 of the Company’s common shares, par value $0.0000000341740141 per share (the "Common Shares"), at purchase price of $10.21 for each Common Share for aggregate gross proceeds of approximately $200.1 million (the "Registered Direct Offering") (Filing, 8-K, Roivant Sciences, SEP 26, 2023, View Source [SID1234635548]).

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The Registered Direct Offering was made pursuant to a prospectus supplement to the Company’s effective shelf registration statement on Form S-3 (Registration No. 333-267503) (the "Shelf Registration Statement"). The Company expects to use the net proceeds from the Registered Direct Offering to make an investment into its subsidiary, Immunovant, Inc., and for working capital and other general corporate purposes.

The legal opinion of Conyers Dill & Pearman Limited relating to the legality of the issuance and sale of the Common Shares in the Registered Direct Offering is attached as Exhibit 5.1 to this Current Report on Form 8-K.

The foregoing summary of the Purchase and Sale Agreements is qualified in its entirety by reference to the Form of Common Share Purchase and Sale Agreement, which is filed as Exhibit 1.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Rocket Pharmaceuticals to Participate in the Chardan 7th Annual Genetic Medicines Conference

On September 26, 2023 Rocket Pharmaceuticals, Inc. (NASDAQ: RCKT), a leading late-stage biotechnology company advancing an integrated and sustainable pipeline of genetic therapies for rare disorders with high unmet need, reported that Gaurav Shah, M.D., Chief Executive Officer, is scheduled to participate in a fireside chat at the Chardan 7th Annual Genetic Medicines Conference in New York City on Tuesday, October 3, at 1:00 p.m. ET (Press release, Rocket Pharmaceuticals, SEP 26, 2023, View Source [SID1234635436]).

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A webcast of the fireside chat will be available under "Events" in the Investors section of the Company’s website at View Source