Photocure Partner Asieris announces Approval to conduct a Phase III Clinical Trial for Hexvix in China

On February 11, 2022 Photocure ASA (PHO: OSE), The Bladder Cancer Company, reported that its partner Asieris Pharmaceuticals (SSE: 688176) has obtained the Phase III clinical trial application (CTA) approval from the National Medical Products Administration (NMPA) of China for Hexvix (Press release, PhotoCure, FEB 11, 2022, View Source [SID1234608043]).

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The study is a prospective, multicenter bridging trial aimed to investigate the additional detection rate and safety of Hexvix and blue light cystoscopy (BLC) versus white light cystoscopy in Chinese patients with non-muscle invasive bladder cancer (NMIBC, tumor types CIS, Ta, T1). The study will be led by Peking Union Medical College Hospital, Chinese Academy of Medical Sciences. Professor Li Hanzhong, Head of the Department of Surgery, Peking Union Medical College Hospital, will serve as the Principal Investigator to lead a team of top experts in the field of bladder cancer in China to carry out this study.

According to Frost & Sullivan, the number of new bladder cancer cases in China reached 86,000 in 2020, and is expected to rise to 101,000 in 2025, with a compound annual growth rate of 3.4% during the period. The total number of patients with bladder cancer in China was estimated to be higher than 600,000 in 2020. The use of BLC with Hexvix for the management of NMIBC is included in the global expert consensus guidelines.

In January 2021, Asieris Pharmaceuticals entered into a license agreement with Photocure, obtaining exclusive rights to register and commercialize Hexvix in mainland China and Taiwan. In December 2021, Hexvix was put into pilot use in the Boao Lecheng International Medical Tourism Pilot Zone in Hainan Province: the first patient in China received blue light cystoscopy with Hexvix at Hainan General Hospital.

"We are very glad that the phase Ⅲ trial of Hexvix has been approved by the NMPA" said Dr. Yong Xue, Chief Medical Officer of Asieris. "We will accelerate the clinical trial process so that doctors and patients in China will have access to this breakthrough technology as early as possible."

"This clinical registration trial is a critical step toward giving bladder cancer patients access to Hexvix in China. Hexvix is a diagnostic agent that has been proven to improve the detection, and completeness of resection of tumors, and can be an important solution in the management of disease", said Anders Neijber, Vice President Global Medical Affairs and Clinical Development at Photocure.

Read Asieris’ full media release here: View Source

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About Bladder Cancer

Bladder cancer ranks as the seventh most common cancer worldwide with 1 720 000 prevalent cases (5-year prevalence rate)1a, 573 000 new cases and more than 200 000 deaths annually in 2020.1b

Approx. 75% of all bladder cancer cases occur in men.1 It has a high recurrence rate with an average of 61% in year one and 78% over five years.2 Bladder cancer has the highest lifetime treatment costs per patient of all cancers.3

Bladder cancer is a costly, potentially progressive disease for which patients have to undergo multiple cystoscopies due to the high risk of recurrence. There is an urgent need to improve both the diagnosis and the management of bladder cancer for the benefit of patients and healthcare systems alike.

Bladder cancer is classified into two types, non-muscle invasive bladder cancer (NMIBC) and muscle-invasive bladder cancer (MIBC), depending on the depth of invasion in the bladder wall. NMIBC remains in the inner layer of cells lining the bladder. These cancers are the most common (75%) of all BC cases and include the subtypes Ta, carcinoma in situ (CIS) and T1 lesions. In MIBC the cancer has grown into deeper layers of the bladder wall. These cancers, including subtypes T2, T3 and T4, are more likely to spread and are harder to treat.4

1 Globocan. a) 5-year prevalence / b) incidence/mortality by population. Available at: View Source, accessed [January 2022].
2 Babjuk M, et al. Eur Urol. 2019; 76(5): 639-657
3 Sievert KD et al. World J Urol 2009;27:295–300
4 Bladder Cancer. American Cancer Society. View Source

About Hexvix/Cysview (hexaminolevulinate HCl)

Hexvix/Cysview is a drug that preferentially accumulates in cancer cells in the bladder making them glow bright pink during Blue Light Cystoscopy (BLC). BLC with Hexvix/Cysview improves the detection of tumors and leads to more complete resection, fewer residual tumors and better management decisions.

Cysview is the tradename in the U.S. and Canada, Hexvix is the tradename in all other markets. Photocure is commercializing Cysview/Hexvix directly in the U.S. and Europe, and has strategic partnerships for the commercialization of Hexvix/Cysview in China, Chile, Australia and New Zealand.

Please refer to View Source for further information on our commercial partners.

Blueprint Medicines to Present at Upcoming Investor Conferences

On February 11, 2022 Blueprint Medicines Corporation (NASDAQ: BPMC) reported its participation in the following upcoming investor conferences (Press release, Blueprint Medicines, FEB 11, 2022, View Source [SID1234608042]).

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SVB Leerink 11th Annual Global Healthcare Conference on Friday, February 18, 2022 at 10:40 a.m. ET.
Cowen 42nd Annual Healthcare Conference on Tuesday, March 8, 2022 at 9:10 a.m. ET.
A live webcast of each presentation will be available by visiting the Investors & Media section of Blueprint Medicines’ website at View Source A replay of the webcasts will be archived on Blueprint Medicines’ website for 30 days following each presentation.

Avidity Biosciences to Participate in Upcoming Investor Conferences

On February 11, 2022 Avidity Biosciences, Inc. (Nasdaq: RNA), a biopharmaceutical company committed to delivering a new class of RNA therapeutics called Antibody Oligonucleotide Conjugates (AOCs), reported that the Avidity management team will be participating at the following conferences (Press release, Avidity Biosciences, FEB 11, 2022, View Source [SID1234608041]):

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SVB Leerink 11th Annual Global Healthcare Conference
Moderated Fireside Chat
February 18th – 2:20pm ET

Cowen 42nd Annual Health Care Conference
Corporate Panel Discussion: Orphan Neuro and Neuromuscular – Sarah Boyce, CEO
March 7th, 2022 – 9:10am ET

Needham 21st Annual Healthcare Conference
Moderated Fireside Chat
April 12, 2022

Live webcasts of each event, up to date event details and an archived replay of the webcasts following each event, will be available on the "Events and Presentations" page in the "Investors" section of Avidity’s website at View Source

Syncromune, Inc. to Present at the 2022 BIO CEO & Investor Conference

On February 11, 2022 Syncromune, Inc., a clinical stage biopharmaceutical company focused on the development of intratumoral immunotherapy reported that Charles J. Link, M.D., Executive Chairman & Chief Medical Officer of Syncromune will deliver a presentation at the 2022 BIO CEO & Investor Conference (Press release, Syncromune, FEB 11, 2022, View Source [SID1234608040]). Taking place February 14 – 17, 2022 at the New York Marriot Marquis, the conference will feature a hybrid of virtual and in-person participation.

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Dr. Link will be highlighting Syncromune’s recent corporate achievements, including the recent completion of the in-licensing of four target assets. He will also review the company’s proprietary Syncrovax platform, which is a next-generation personalized cancer therapy being developed to optimize intratumoral immunotherapy for the treatment of metastatic solid tumors.

Members of the company’s executive team will be on site for one-on-one meetings with investors and companies. A copy of the presentation will be available on Syncromune’s website following the conclusion of the BIO CEO & Investor Conference.

Legend Biotech Achieves Milestone Payments in BCMA CAR-T Collaboration with Janssen

On February 11, 2022 Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global, clinical-stage biotechnology company developing and manufacturing novel therapies, reported that it has achieved two milestones under its collaboration agreement with Janssen Biotech, Inc. for ciltacabtagene autoleucel (cilta-cel), resulting in aggregate payments to Legend Biotech of $50 million (Press release, Legend Biotech, FEB 11, 2022, View Source [SID1234608039]). Cilta-cel is a B-cell maturation antigen (BCMA)-directed chimeric antigen receptor T-cell (CAR-T) therapy.

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Legend Biotech entered into the agreement with Janssen to develop, manufacture and commercialize cilta-cel for the treatment of multiple myeloma. Under the agreement, Legend Biotech received an upfront payment of $350 million and is entitled to receive additional payments upon achievement of landmarks for development, production performance, regulatory and sales.

The global agreement specifies a 50-50 cost and profit-sharing agreement in all markets, excluding Greater China, where the split is 70 percent for Legend and 30 percent for Janssen. Including the payments announced above, Legend has achieved $250 million in milestone payments during the collaboration.

About Cilta-cel
Cilta-cel is an investigational chimeric antigen receptor T cell (CAR-T) therapy, formerly identified as JNJ-4528 in the United States and Europe and LCAR-B38M CAR-T cells in China, that is being studied in a comprehensive clinical development program for the treatment of patients with relapsed or refractory multiple myeloma and in earlier lines of treatment. The design consists of a structurally differentiated CAR-T with two BCMA-targeting single domain antibodies. In addition to a Breakthrough Therapy Designation (BTD) granted in the United States in December 2019, cilta-cel received a Priority Medicines (PRiME) designation from the European Commission in April 2019, and a BTD in China in August 2020. In addition, Orphan Drug Designation was granted for cilta-cel by the U.S. Food and Drug Administration (FDA) in February 2019, and by the European Commission in February 2020. A Biologics License Application seeking approval of cilta-cel was submitted to the U.S. FDA and a Marketing Authorization Application was submitted to the European Medicines Agency.