Aulos Bioscience Announces FDA Clearance of IND Application for AU-007, a Novel Immunotherapy for the Treatment of Solid Tumors

On October 31, 2022 Aulos Bioscience, an immuno-oncology company working to revolutionize cancer care through the development of potentially best-in-class IL-2 therapeutics, reported that the U.S. Food and Drug Administration (FDA) has cleared its Investigational New Drug (IND) application for AU-007, a monoclonal antibody computationally designed by Biolojic Design (Press release, Aulos Bioscience, OCT 31, 2022, View Source [SID1234622635]). AU-007 leverages a unique approach to harnessing the power of interleukin-2 (IL-2) to eradicate solid tumors. This is the first time that a computationally designed human monoclonal antibody has been cleared for human trials in the United States.

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"We are thrilled to have received IND clearance to advance our AU-007 program and expand our Phase 1/2 clinical trial into the United States," said Aron Knickerbocker, Aulos Bioscience’s chief executive officer. "Receiving IND clearance is a testament to the strength of the preclinical data and initial clinical data from Australia. AU-007’s mechanism of action is unique among all other IL-2 therapeutics in development, and we are excited to pursue the promise of AU-007 in solid tumor cancer care."

The company’s Phase 1/2 clinical trial (NCT05267626) is an open label, first-in-human study currently enrolling patients in Australia. The study is evaluating the safety, tolerability, immunogenicity and clinical activity of AU-007 in patients with unresectable locally advanced or metastatic cancer. Initial safety results from the ongoing clinical trial will be presented at the Society for Immunotherapy of Cancer (SITC) (Free SITC Whitepaper) Annual Meeting, being held November 8-12, 2022, in Boston, Massachusetts.

About AU-007
AU-007 is a computationally designed, human IgG1 monoclonal antibody that is highly selective to the CD25-binding portion of IL-2. With a mechanism of action unlike any other IL-2 therapeutic in development, AU-007 leverages IL-2 to reinforce anti-tumor immune effects. This is achieved by preventing IL-2, either exogenous or secreted by T effector cells, from binding to trimeric receptors on T regulatory cells while still allowing IL-2 to bind and expand T effector and NK cells. This prevents the negative feedback loop caused by other IL-2-based treatments and biases the immune system toward activation over suppression. AU-007 also prevents IL-2 from binding to trimeric receptors on vasculature and pulmonary endothelium, which may significantly reduce the vascular leak syndrome and pulmonary edema associated with high-dose IL-2 therapy.

Akari Therapeutics to Participate in the SidotiNovember 2022 Virtual Micro-Cap Conference

On October 31, 2022 Akari Therapeutics, Plc (Nasdaq: AKTX), a late-stage biotechnology company developing advanced therapies for autoimmune and inflammatory diseases, reported that the company will participate in the Sidoti November Virtual Micro-Cap Conference on November 9, 2022 (Press release, Akari Therapeutics, OCT 31, 2022, View Source [SID1234622634]). President and CEO Rachelle Jacques will present a company overview at 1:45 pmEastern time and the management team will attend scheduled 1:1 investor meetings. Investors registered for the conference may schedule 1:1 meetings with Akari through the Sidoti conference website.

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A recording will be available at akaritx.com following the company presentation.

Mersana Therapeutics to Host Third Quarter 2022 Conference Call on November 7, 2022

On October 31, 2022 Mersana Therapeutics, Inc. (NASDAQ: MRSN), a clinical-stage biopharmaceutical company focused on discovering and developing a pipeline of antibody-drug conjugates (ADCs) targeting cancers in areas of high unmet medical need, reported that it will provide business updates and report financial results for the third quarter ended September 30, 2022 on Monday, November 7, 2022 and will host a conference call and webcast at 8:00 a.m. Eastern Time that morning (Press release, Mersana Therapeutics, OCT 31, 2022, View Source [SID1234622633]).

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To access the call, please dial 646-307-1963 (domestic) or 800-715-9871 (international) and provide the Conference ID 9941053. A live webcast of the presentation will be available on the Investors & Media section of the Mersana website at www.mersana.com, and a replay of the webcast will be available in the same location following the conference call for approximately 90 days.

TRACON to Report Third Quarter 2022 Financial Results and Provide Corporate Update on November 14, 2022

On October 31, 2022 TRACON Pharmaceuticals, Inc. (Nasdaq: TCON), a clinical stage biopharmaceutical company utilizing a cost-efficient, CRO-independent product development platform to advance its pipeline of novel targeted cancer therapeutics and to partner with other life science companies, reported that it will report its third quarter 2022 financial and operating results after the close of U.S. financial markets on Monday, November 14, 2022 (Press release, Tracon Pharmaceuticals, OCT 31, 2022, View Source [SID1234622632]). In addition, management will host a conference call to provide an update on corporate activities and discuss the financial results.

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A replay of the webcast will be available for 60 days on the website.

ADC Therapeutics to Host Third Quarter 2022 Financial Results Conference Call on November 8, 2022

On October 31, 2022 ADC Therapeutics SA (NYSE: ADCT) reported that it will host a conference call and live webcast on Tuesday, November 8, 2022 at 8:30 a.m. ET to report financial results for the third quarter 2022 and provide business updates (Press release, ADC Therapeutics, OCT 31, 2022, View Source [SID1234622630]).

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To access the conference call, please register here. Registrants will receive the dial-in number and unique PIN. It is recommended that you join 10 minutes before the event, though you may pre-register at any time. A live webcast of the call will be available under "Events and Presentations" in the Investors section of the ADC Therapeutics website at ir.adctherapeutics.com. The archived webcast will be available for 30 days following the call.