CARsgen Announces NDA Acceptance of BCMA CAR T Zevor-cel (CT053) by China NMPA

On October 18, 2022 CARsgen Therapeutics Holdings Limited (Stock Code: 2171.HK), a company focused on innovative CAR T-cell therapies for the treatment of hematologic malignancies and solid tumors, reported that the National Medical Products Administration (NMPA) of China has accepted the New Drug Application (NDA) for zevorcabtagene autoleucel ("zevor-cel," R&D code: CT053), a fully human, autologous BCMA CAR T-cell therapy for the treatment of relapsed and/or refractory multiple myeloma (R/R MM) (Press release, Carsgen Therapeutics, OCT 18, 2022, View Source [SID1234622158]).

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The acceptance of the NDA is based on data from an open-label, single arm Phase I/II clinical trial (LUMMICAR STUDY 1 [Protocol number CT053-MM-01]) in China. Study results showed that zevor-cel has excellent safety and efficacy profiles. Zevor-cel also represents a promising treatment option for patients with high-risk disease.

Multiple myeloma is a fatal blood cancer in which plasma cells found in bone marrow grow out of control and create abnormal proteins that can damage vital organs, including heart and kidneys.[1] According to the World Health Organization, there were more than 21,000 new cases and nearly 16,200 deaths caused by multiple myeloma estimated in China in 2020. [2] With patient survival averaging longer than five years, there were an estimated 113,000 prevalent patients with multiple myeloma including those with newly diagnosed and refractory/relapsed disease in China during the same period. Frost & Sullivan have forecasted that through the 2020s, this prevalence will continue to increase 8-10% each year. [3] Although patients may achieve remission with traditional therapies, most of them experience repeated disease progression. [4] Patients who relapse after traditional therapies, including protease inhibitors, immunomodulatory agents and/or anti-CD38 monoclonal antibodies, have poorer prognoses and few treatment options. [5-6] Therefore, these patients have a substantial clinical unmet need for an efficacious, safe, and convenient treatment.

Prof. Wenming Chen, the principal investigator of the CT053-MM-01 study, Director of Hematology Department, Beijing Chao-Yang Hospital, Capital Medical University, said: "Results from the LUMMICAR-1 study show that the fully human autologous BCMA CAR T-cell product, zevor-cel, demonstrated strong and durable efficacy in patients with relapsed/refractory multiple myeloma, and was generally well tolerated. We are delighted to see that the NDA of this CAR T-cell product with independent intellectual property rights has been officially accepted by the NMPA, and we are looking forward to its early launch and bringing clinical benefits to Chinese patients with relapsed/refractory multiple myeloma."

Prof. Chengcheng Fu, the principal investigator of the CT053-MM-01 study, Director of Hematology Department, the First Affiliated Hospital of Soochow University, said: "In the China confirmatory clinical trial, zevor-cel has shown favorable safety and deep and durable responses in patients with relapsed/refractory multiple myeloma. Excellent patient experience and sufficient scientific evidence have laid a strong foundation for the NDA acceptance. I hope zevor-cel can be approved and launched in China as soon as possible to allow patients early access to this efficacious and safe product."

Dr. Zonghai Li, Founder, Chairman of the Board, Chief Executive Officer, and Chief Scientific Officer of CARsgen Therapeutics, said: "We are delighted that the New Drug Application (NDA) for zevor-cel, a BCMA CAR T-cell fully developed in house by CARsgen, has been accepted by National Medical Products Administration. This milestone cannot be achieved without the joint efforts from CARsgen team, clinical physicians, the strong support from patients and their families, or other partners of CARsgen. I would like to express my cordial thanks to all of them. We look forward to the early approval of zevor-cel to benefit more patients with multiple myeloma. Driven by our vision of ‘Making Cancer Curable’, we will continue to develop more innovative cell therapies for cancer patients."

About Zevor-cel

Zevor-cel (CT053) is a fully human, autologous BCMA CAR T-cell product candidate for the treatment of R/R MM. CARsgen is conducting a Phase 1b/2 clinical trial (LUMMICAR STUDY 2) in North America to evaluate the safety and efficacy of zevor-cel for R/R MM. The Company also plans to conduct additional clinical trials to develop zevor-cel as an earlier line of treatment for multiple myeloma.

Zevor-cel received Regenerative Medicine Advanced Therapy (RMAT) and Orphan Drug designations from the U.S. Food and Drug Administration (FDA) in 2019, as well as the PRIority MEdicines (PRIME) and Orphan Medicinal Product designations from the European Medicines Agency (EMA) in 2019 and 2020, respectively. Zevor-cel also received Breakthrough Therapy designation from the NMPA in 2020.

The Company believes that zevor-cel is well positioned to potentially reshape the treatment paradigm for multiple myeloma and become a foundational treatment for multiple myeloma patients.

Bexion Pharmaceuticals, Inc. Announces First Patient Dosed with BXQ-350 in the RETRO Clinical Study

On October 18, 2022 Bexion Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company developing biologics for the treatment of cancer and neuropathy, reported that the first adult patient has been dosed in the Pilot Proof of Concept Pharmacokinetic/Pharmacodynamic (PK/PD) Study in Cancer Patients (RETRO) (Press release, Bexion, OCT 18, 2022, View Source [SID1234622157]). The study will examine the effects of BXQ-350 on cancer patients exposed to Oxaliplatin and/or Taxane-based chemotherapy exhibiting chemotherapy-induced peripheral neuropathy (CIPN) symptoms.

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"We are delighted with the news that the first patient has been dosed in our Phase 1 RETRO study. This study is a natural follow-on to data reported from our recent Phase 1 solid tumor study in cancer patients, in which patients reported potential reduction of existing CIPN symptoms," said Scott Shively, Chief Executive Officer of Bexion Pharmaceuticals. "CIPN is an enormous problem in which over 700,000 surviving cancer patients per year in the US alone have peripheral neuropathies caused by their prior chemotherapy. We are targeting to have initial data read-out from this study in 3Q2023."

The aim of this pilot proof-of-concept study is to assess PK/PD relationships in cancer patients with CIPN symptoms to determine the impact BXQ-350 has on ceramide, S1P, and inflammatory cytokine levels; thereby potentially reducing the intensity and/or duration of CIPN, improving quality of life, and establishing these signaling molecules as biomarkers in future studies.

The trial is being conducted at CTI Clinical Research Center in Cincinnati, Ohio. The plan is to enroll twenty patients. Interested patients can find more information here: View Source

Biohaven Announces Launch of Public Offering of Common Shares

On October 18, 2022 Biohaven Ltd. (NYSE: BHVN) ("Biohaven") reported that it has commenced a public offering of 20,000,000 of its common shares pursuant to a registration statement on Form S-1 (the "Registration Statement") filed with the Securities and Exchange Commission (the "SEC") (Press release, Biohaven Pharmaceutical, OCT 18, 2022, View Source [SID1234622156]). Biohaven expects to grant the underwriters a 30-day option to purchase up to an additional 3,000,000 common shares. Biohaven intends to use the net proceeds received from the offering for general corporate purposes.

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J.P. Morgan Securities LLC is acting as book-running manager in the offering.

The proposed offering will be made only by means of a prospectus. A copy of the preliminary prospectus relating to this offering, when available, may be obtained from the following source: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (866) 803-9204, or by email at [email protected].

The Registration Statement has been filed with the SEC but has not yet become effective. The securities may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective. This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities, nor shall there be any sale of the securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the applicable securities laws of such state or jurisdiction.

PIVALATE ACHIEVES POSITIVE PHASE 2 DATA IN BRAIN METS TRIAL

On October 18, 2022 Radiopharm Theranostics (ASX:RAD, "Radiopharm" or the "Company"), a developer of a world-class platform of radiopharmaceutical products for both diagnostic and therapeutic uses, reported that Imperial College London’s F-18 Pivalate (RAD 101) has achieved successful Phase 2a data in patients with brain metastases, having shown significant tumour uptake that was consistent and independent from the tumour origin (Press release, Radiopharm Theranostics, OCT 18, 2022, View Source [SID1234622155]).

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A full presentation of the results will take place at the 34th EORTC/AACR/NCI symposium in Barcelona (26-28 October 2022). The study was funded by the Medical Research Council and will also be published in a peer-reviewed journal in due course.

"We are very pleased to see a new molecule and an innovative mode of action showing significant results in brain cancer metastases," said Radiopharm’s CEO & Managing Director Riccardo Canevari.

"The team at Imperial College London, led by Professor Eric Aboagye, did a tremendous job. F-18 Pivalate and its potential therapeutic variations, currently under development, represent a promising theranostic approach to target brain metastases and potentially other brain tumours.

"These positive and encouraging results will inform F-18 Pivalate accelerated future development and we are looking forward to starting conversations with medical experts and regulatory agencies."

Professor Aboagye, from Imperial College London and the lead inventor of 18-F Pivalate, added: "This technology, when compared to the current clinical standard in PET imaging, has showed superior imaging performance in several cancers. We’re very pleased to see this interim data further confirms its potential."

Radiopharm acquired an exclusive worldwide licence for the Pivalate platform technology from Cancer Research Technology Limited and Imperial College London, and has a Sponsored Research Agreement on new analogues with Professor Aboagye.

GE Healthcare Announces Collaboration to Advance Digital Transformation of Pathology

On October 18, 2022 GE Healthcare and Tribun Health reported that they have entered a collaboration with the intent to provide digital pathology departmental solutions that give healthcare providers a more holistic view of patient records (Press release, GE Healthcare, OCT 18, 2022, View Source [SID1234622154]). The alliance intends to bring a data management solution by interfacing Tribun’s Health Suite data into GE Healthcare’s solution, such as GE Healthcare’s vendor neutral archive (VNA), Edison Datalogue. It is expected to focus on making digital pathology images and results an integrated part of the imaging patient record within the VNA; the availability of more accurate pathology reports in less time, created with the assistance of artificial intelligence (AI) provided by Tribun’s Health Suite; and fostering collaboration among pathologists and clinicians through availability of data in a consolidated location. Having pathology information is critical, especially in oncology, to enable collaboration, while improving the speed of diagnosis.

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The market is rapidly evolving towards data-driven healthcare. In addition, the shortage of clinicians and increase in oncology cases globally are driving the need for development of AI to support early detection of cancers1.

"The oncology care pathway is one of the most complex with multiple steps involving a variety of specialists, complex tools, frequent decisions and large data sets," said Nalinikanth Gollagunta, CEO of Enterprise Digital Solutions at GE Healthcare. "With this digital pathology collaboration, we continue our journey towards simplifying the oncology care pathway with improved data management, the digitization of pathology and streamlined data access. Tribun Health is an important collaborator to achieve this objective and build on GE Healthcare’s enterprise approach to bringing clinical depth and AI at the point of care."

GE Healthcare and Tribun Health provide complementary solutions to streamline the oncology care pathway across the enterprise and support clinical teams delivering the best care to their patients. Edison Datalogue is GE Healthcare’s solution to unify and intelligently manage patient data, images and enterprise imaging content. The Tribun Health Suite is a leading AI-powered end-to-end computational pathology for diagnostics, prognosis and drug development. Tribun was awarded the 2022 Best in KLAS award for Digital Pathology solutions with extensive experience and has many large installations worldwide. Adding the pathology suite enables GE Healthcare to offer a full solution for patient data management.

"I am delighted with the implementation of this partnership with GE Healthcare which builds on existing relationships between our companies," said Jean-François Pomerol, CEO at Tribun Health. "It will allow us to offer our customers a solution that interfaces easily between CaloPix, the reference solution for digital pathology, and GE’s Enterprise Imaging products. This will promote interoperability of healthcare data, cooperation between clinicians and help to further clinical research."