Adicet Bio to Participate in 2023 Jefferies Biotech on the Bay Summit

On March 9, 2023 Adicet Bio, Inc. (Nasdaq: ACET), a clinical stage biotechnology company discovering and developing allogeneic gamma delta T cell therapies for cancer, reported that Chen Schor, President and Chief Executive Officer, and Nick Harvey, Chief Financial Officer, will participate in the 2023 Jefferies Biotech on the Bay Summit being held March 16-17, 2023 (Press release, Adicet Bio, MAR 9, 2023, View Source [SID1234628488]).

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The Adicet Bio team will be available for one-on-one meetings throughout the conference. Please contact your sales representative at Jefferies to register for a meeting with the company.

Prestige Biopharma Develops First-in-Class PAUF-detecting Diagnostic Kit, a Powerful Tool for Early Detection of Pancreatic Cancer

On March 9, 2023 Prestige Biopharma Limited, a Singapore-based biopharmaceutical company, reported that it has developed a first-in-class diagnostic kit for pancreatic cancer (Press release, Prestige BioPharma, MAR 9, 2023, View Source [SID1234628487]).

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Pancreatic cancer is a characteristically aggressive tumor, with an extremely poor prognosis, as shown by a 1-year survival rate of 10 to 23%, and an estimated 5-year survival rate of less than 9%1. The low survival rates associated with pancreatic cancer are attributed to late diagnosis coupled with non-specific symptoms, early metastasis, rapid progression, and the lack of effective treatment modalities. Thus, early detection and diagnosis are crucial for improving patient outcomes and increasing survival rates.

Prestige Biopharma is developing a diagnostic kit for the detection of Pancreatic Adenocarcinoma Upregulated Factor (PAUF). PAUF is a distinctive tumor-specific biomarker overexpressed in approximately 80% of pancreatic cancer cases, correlated with early progression and metastasis.

The novel diagnostic method exhibits high sensitivity and specificity in detecting PAUF. According to Prestige Biopharma IDC (Innovative Discovery Centre), preliminary investigations indicated that the expression level of PAUF in the blood plasma of pancreatic cancer patients is approximately 1.9 times higher than healthy individuals. Additionally, in Receiver Operating Characteristic (ROC) analysis, which is used to evaluate a biomarker’s effectiveness, PAUF demonstrated a noteworthy sensitivity of 86.3% in detecting pancreatic cancer.

The company has submitted a provisional patent application for the diagnostic method in South Korea and started partnership discussions with major diagnostic companies to co-develop and market the diagnostic kit to target the global market. In addition, Prestige Biologics, the CDMO (Contract Development and Manufacturing Organization) affiliate of the company, is in preparation to manufacture antibody diagnostic kits for clinical and commercial use.

Dr. Lisa S. Park, CEO of Prestige Biopharma, stated "The early detection of pancreatic cancer is just as crucial as effective treatment, given its reputation as a silent killer. As part of our efforts to combat this devastating disease, we are expanding into diagnostics using our innovative PAUF-based technology. Through the successful development of the diagnostic kit on top of a novel antibody, we believe our efforts will significantly benefit patients with pancreatic cancer and contribute to improving human health, which is exactly what our mission ‘Innovation for Life’ stands for".

Meanwhile, Prestige Biopharma has also been developing PBP1510, a first-in-class anti-PAUF monoclonal antibody, for the treatment of pancreatic cancer. PBP1510 binds to and neutralizes PAUF to inhibit the proliferation, migration, invasion, and growth of pancreatic cancer cells. In 2020, PBP1510 was granted Orphan Drug designation by the United States Food and Drug Administration (US FDA), European Medicines Agency (EMA), and Ministry of Food and Drug Safety (MFDS). Currently preparing for Phase 1/2a clinical trial in Europe and the US, the company recently requested for Fast Track Designation from the US FDA to accelerate development of the drug.

1 The majority of patients are diagnosed with either locally advanced or metastatic disease at the time of diagnosis, and for patients with metastatic disease, the median overall survival from diagnosis ranges from 2.8 to 5.8 months.

Immunome to Present at 13th Annual World ADC London Conference

On March 9, 2023 Immunome, Inc. (Nasdaq: IMNM), a biopharmaceutical company that utilizes its human memory B cell platform to discover and develop antibody therapeutics to improve patient care, reported that Matthew Robinson, Ph.D., Chief Technology Officer, will present at the 13th Annual World ADC London conference, taking place from March 13-16, 2023 (Press release, Immunome, MAR 9, 2023, View Source [SID1234628485]).

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World ADC London is Europe’s longest standing and definitive antibody-drug conjugate (ADC) event dedicated to maximizing the therapeutic window of ADCs. Dr. Robinson will give a platform talk on Wednesday, March 15 discussing how Immunome’s Discovery Engine can highlight novel target classes which have relevance for multiple therapeutic modalities, including ADCs. Full presentation details are included below.

"Human memory B cells are able to record the targets that are classified as important attack points for antibodies across the course of tumor development. With our proprietary Discovery Engine, we can harness this information through an unbiased interrogation of the patient memory B cell response – at an industrial scale – to identify novel targets and antibodies that bind them," Dr. Robinson commented. "Our research has revealed novel target classes, such as proteins abnormally expressed on the surface of cancer cells, which we believe are uniquely tumor selective and potentially suitable for development as ADCs. With the help of our newly established Antibody-Drug Conjugate and T Cell Redirection Advisory Board, I look forward to further exploring how we can apply this approach to advance new ADC therapeutics and improve cancer treatment."

Presentation Details:

Title: Harnessing the Power of the Human Memory B Cell

Presenter: Matthew Robinson, Ph.D., Chief Technology Officer

Date: March 15, 2023, 12:00 p.m. GMT / 7:00 a.m. ET

A copy of the presentation will be available on the Events & Presentations section of Immunome’s website following the conference.

InnoCare Announces First Subject Dosed in Clinical Trial of BCL2 Inhibitor ICP-248 in China

On March 9, 2023 InnoCare Pharma (HKEX: 09969; SSE: 688428), a leading biopharmaceutical company focusing on the treatment of cancer and autoimmune diseases, reported that the first subject has been dosed in clinical trial of the Company’s B-cell lymphoma-2 (BCL2) inhibitor ICP-248 in China (Press release, InnoCare Pharma, MAR 9, 2023, View Source [SID1234628484]).

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ICP-248 is a novel, orally bioavailable BCL2 selective inhibitor, which aims to treat non- Hodgkin’s lymphoma (NHL), acute lymphoblastic leukemia (ALL) and other malignant hematological tumors as a monotherapy or in combination with BTK inhibitors and other drugs.

BCL2 is an important regulatory protein of apoptosis pathway, and its abnormal expression is related to the development of various hematologic malignancies. ICP-248 has an anti-tumor effect by selectively inhibiting BCL2 and restoring the mechanism of programmed cell death.

Dr. Jasmine Cui, the Co-founder, Chairwoman and CEO of InnoCare said, "ICP-248, as our important asset in the field of hematology, has an anti-tumor effect in the treatment of various hematologic malignancies, and can be combined with our other hematology products for synergistic effects. We have developed innovative drugs that cover a variety of important hema-oncology targets, including BTK inhibitor orelabrutinib, CD19 monoclonal antibody tafasitamab, novel targeted protein degrader ICP-490 and CD20xCD3 bispecific antibody ICP-B02. We hope to bring new treatment options for more patients with hematologic tumors."

Lantern Pharma Announces New Data and Development Focus for LP-100 with PARP Inhibitors

On March 9, 2023 Lantern Pharma Inc. (NASDAQ: LTRN), a clinical-stage biopharmaceutical company using its proprietary RADR artificial intelligence ("AI") and machine learning ("ML") platform to transform the cost, pace, and timeline of oncology drug discovery and development, reported new data for its product candidate LP-100 supporting the development of LP-100 in combination with the class of anticancer agents known as PARP inhibitors (PARPi) (Press release, Lantern Pharma, MAR 9, 2023, View Source [SID1234628483]).

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In prostate cancer mouse xenograft studies, LP-100 demonstrated synergistic potency when used in combination with the FDA-approved PARP inhibitor Olaparib. LP-100 also demonstrated synergy with the FDA-approved PARP inhibitors Olaparib, Rucaparib, and Niraparib in ovarian cancer cell line studies. The observations from these studies are further supported by in-silico evaluation of LP-100 in combination with PARP inhibitors using Lantern’s AI platform, RADR.

"The combined anti-tumor potency of LP-100 in combination with PARP inhibitors, strongly supports the pursuit of this development pathway for LP-100," stated Panna Sharma, Lantern’s President and CEO. "We also believe this development focus will enhance the potential to position LP-100 in earlier lines of therapy, while also opening the door to pursue treatment indications with larger market sizes," continued Sharma. "Exposure to LP-100 results in double-strand DNA breaks and PARP inhibitors prevent the repair of these types of breaks. We believe this mechanistic combination provides a potent and highly synergistic method to eradicate tumors."

LP-100 and PARP inhibitors act by complementary mechanisms. LP-100 acts by a synthetically lethal mechanism of action that preferentially damages DNA in cancer cells lacking nucleotide excision repair (NER) capabilities. Sensitivity to LP-100 is also higher in tumors with homologous recombination repair (HRR) deficiency, suggesting that this pathway is also involved in the repair of DNA damage from LP-100. PARP inhibitors have been shown to be effective in the treatment of tumors with HRR deficiencies. Lantern believes the simultaneous exploitation of both these mechanisms will enhance the development opportunities for LP-100, while also expanding potential market opportunities for existing PARP inhibitors.

LP-100 has previously been in a genomic signature guided Phase 2 clinical trial in Denmark where the drug candidate was used without PARP inhibitors for patients with metastatic castration-resistant prostate cancer (mCRPC). In this trial 9 patients (out of a targeted enrollment of 27) were treated and had a median overall survival (OS) of approximately 12.5 months, which is an improvement over other similar fourth-line treatment regimens for mCRPC.

"Based on these results, the synergies of LP-100 with PARPi, along with the increasingly narrow field of patients in mCRPC due to the emergence of radio-ligand based therapies, we believe that the positioning of LP-100 in an earlier and more genomically defined setting is the best use of our resources and can lead to improved patient outcomes," continued Sharma.

In conjunction with its evaluation work on LP-100 with PARP inhibitors, Lantern has been collaborating with the Danish Cancer Society Research Center (DCSRC) to explore the future clinical potential of LP-100 across 9 different solid tumor types that have known deficiencies in DNA repair pathway mechanisms. This work has included an examination of the role of NER deficiency in breast, ovarian, prostate, lung, kidney, bladder, stomach, pancreatic, and esophageal cancers, with the aim of identifying the most promising patient populations for future LP-100 therapy. Lantern expects to present additional details on the results of its collaboration with DCSRC later this year.

Based on Lantern’s evaluation of the synergies of LP-100 with PARP inhibitors, and the industry’s development of entirely new classes of radio-ligand based therapy for mCRPC, the decision has been made to close the Phase 2 clinical trial in Denmark, to allow the focus of LP-100-directed resources on positioning the molecule for development in earlier lines of therapy with potentially larger market opportunities. Earlier line treatment indications where Lantern believes LP-100 in combination with PARPi could have potential future treatment benefits include prostate cancer indications such as HRR gene-mutated metastatic castration-resistant prostate cancer, ovarian cancer indications such as first line platinum-responsive advanced ovarian cancer, and breast cancer indications such as germline BRCA-mutated metastatic breast cancer. The total U.S. market size of these and other potential target development indications for the LP-100 and PARPi combination is estimated at between $700 million and $2 billion.