The dark matter of the genome: Flamingo Therapeutics taps potential of mysterious RNA for cancer therapies

On October 21, 2021 Flamingo Therapeutics reported that was born out of a collaboration between three partners in Flanders – VIB, UGent and KU Leuven – and the University of Michigan in the US (Press release, Flamingo Therapeutics, OCT 21, 2021, View Source;utm_medium=rss&utm_campaign=the-dark-matter-of-the-genome-flamingo-therapeutics-taps-potential-of-mysterious-rna-for-cancer-therapies [SID1234591687]). "The foundations of the company were laid in 2016, when the research groups of prof. Pieter Mestdagh at UGent and prof. Jean-Christophe Marine at VIB and KU Leuven published a paper revealing a connection between certain long non-coding RNAs and malignant melanoma, the most aggressive form of skin cancer," explains Floor Stam, COO at Flamingo. These insights were later linked to research carried out at the University of Michigan.

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Thanks to this unique expertise, the young biotech company is currently one of the only players in the world that is able to explore the potential of these long-coding RNAs (lncRNAs, pronounced as ‘link RNA’). According to Flamingo, lncRNAs account for 27% of the non-coding RNA genes, which make up around two-thirds of all genes. Non-coding RNA genes are not translated into proteins and the function of most of them is currently very unclear (hence the ‘dark matter’ moniker).

Cancer targets from out of the dark
"For a long time, the non-coding portion of the genome was considered to be useless ‘junk DNA’. But it actually has an enormous potential for new therapies against many different diseases," says Stam. Flamingo is specifically looking into the possibilities for cancer therapies, as lncRNAs play a role in the energy provision of cancer cells when they divide uncontrollably. If you can manipulate that process, you should be able to produce a very targeted treatment that attacks the cancer cells and leaves healthy cells alone.

Flamingo’s approach could possibly limit the side effects of innovative cancer therapies. Stam also believes this new solution could be produced more rapidly than more traditional therapies that target proteins. "Because we have access to the unparalleled screening and hit identification capabilities of our collaborators at Ionis, a clinical candidate molecule can be developed in 12 to 14 months," specifies Stam.

"For a long time, the non-coding portion of the genome was considered to be useless ‘junk DNA’. But it actually has an enormous potential for new therapies against many different diseases." – Floor Stam, Flamingo Therapeutics

To identify targets for cancer therapies in this predominantly uncharted region of the genome, the company has developed the unique discovery engine FLAME (Flamingo LncRNA Antisense Mining Engine). Based on the findings in the groundbreaking 2016 paper, the initial focus has predominantly been on finding targets for treating the aggressive skin cancer melanoma, where the Flamingo team has been focusing on a lncRNA molecule named SAMMSON.

High profile partnership
Thanks to a recently-signed collaboration agreement with the American company Ionis Pharmaceuticals – a global leader in RNA-targeted therapies – Flamingo is now expanding its activities dramatically. The company is taking over three clinical programs for RNA-targeted cancer therapeutics from Ionis, as well as one preclinical program concentrating on lncRNAs.

"Ionis has been at the forefront of RNA-targeted therapy for thirty years… We are also a very interesting partner for them, because we concentrate on RNA-targeting therapies in oncology and have unique expertise in the field of lncRNAs." – Mike Garrett, Flamingo Therapeutics

"From the start, Ionis has been a crucial shareholder of ours, helping us to go in the right direction," says Mike Garrett, CEO of Flamingo. "Ionis has been at the forefront of RNA-targeted therapy for thirty years and offers invaluable knowhow and experience in clinical programs. We are also a very interesting partner for them, because we concentrate on RNA-targeting therapies in oncology and have unique expertise in the field of lncRNAs." While Flamingo’s headquarters are located at the biotech incubator in Leuven, much of its activities also take place in facilities at San Diego close to Ionis’ home base.

Potential solutions for a range of cancer types
Flamingo’s most advanced drug candidate in development is called danvatirsen and targets the STAT-3 gene. "It is showing great potential in the battle against head and neck cancers and lymphoma," says Garrett. Other drug candidates, targeting the androgen receptor and IRF4 gene, are being developed to fight prostate cancer and multiple myeloma (a type of bone marrow cancer).

Read this BioVox article to learn about Precirix, another start-up tackling cancer with an innovative approach.

The Flemish company has also taken over a preclinical-stage program focusing on a well-characterized lncRNA target named MALAT1. "This pioneering research could lead to solutions for different cancers, but for the moment we especially foresee therapeutic benefits for patients with triple-negative breast cancer," says COO Floor Stam. The preclinical stage of this program should be finished by the end of 2022. In ideal circumstances, the clinical programs could lead to new therapies on the market already in 2026.

To support the company’s rapid expansion, Flamingo is now preparing a new investment round. For the moment, its main investors are the well-known biotechnology investors PMV and Kurma Partners, Belgian and French respectively.

Akeso is rapidly advancing the clinical study of the PD-1/CTLA-4 bispecific antibody Cadonilimab combined with TIGIT monoclonal antibody for the teratment of solid tumors

On October 21, 2021 Akeso, one of leading Chinese pharmaceutical innovation company reported that the first patient was dosed in a phase I clinical trial of the Company’s independently developed TIGIT monoclonal antibody (AK127) in combination with the Company’s global first-in-class Cadonilimab (PD-1/CTLA-4 bi-specific antibody,AK104) for the treatment of advanced or metastatic solid tumors in Australia (Press release, Akeso Biopharma, OCT 21, 2021, View Source [SID1234591731]).

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This is an open-label, multicenter phase I clinical trial designed to evaluate the safety, tolerability, pharmacokinetic, immunogenicity, pharmacodynamics and anti-tumor activity of AK127 in combination with Cadonilimab in subjects with advanced or metastatic solid tumors.

Clinical trials have demonstrated promising efficacy of TIGIT monoclonal antibody in combination with PD-1 monoclonal antibody in immuno-oncology therapy. Cadonilimab simultaneously targets the two well-established immune checkpoints, PD-1 and CTLA-4. Preclinical studies showed that the combination of AK127 and Cadonilimab produced a significantly enhanced anti-tumor effect in mice model.

Based on the promising efficacy seen in both preclinical and clinical studies on TIGIT monoclonal antibody in combination with PD-1 monoclonal antibody therapy, AK127 in combination with Cadonilimab has the potential to demonstrate significant anti-tumor activity in treating patients with solid tumors, further enhance the potential and outlook of combination therapy, and strengthen and enrich the Company’s multi-target portfolio in immuno-oncology therapy.

By developing a rich pipeline of therapeutic antibodies for the treatment of cancer, the Company seeks to transform the treatment paradigm in the immuno-oncology space with combination therapies against various immune targets; and realise the full commercial value of its bi-specific antibodies that are based on a PD-1 antibody backbone. Currently, clinical trials such as Cadonilimab in combination with CD47 monoclonal antibody ( AK117), VEGFR-2 monoclonal antibody (AK109), CD73 monoclonal antibody (AK119) and PD-1/VEGF (AK112) in combination with AK117, have all been successfully initiated.

ATUM’s Leap-In Transposase® Technology Supports Successful AskGene Pharma IND Clearance in China

On October 21, 2021 AskGene, a biotechnology company developing next-generation cytokine therapeutics, and novel bi-specific antibodies to treat cancer and other diseases, and ATUM, a California-based bioengineering company, reported the successful Investigational New Drug (IND) filing in China for AskGene’s new antibody drug (Press release, AskGene Pharmaceuticals, OCT 21, 2021, View Source [SID1234591727]). The antibody was produced using the Leap-In Transposase technology pioneered by ATUM and represents the tenth successful IND clearance globally using this platform.

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"We are encouraged to see how fast the Leap-In Transposase technology has been broadly accepted in the marketplace. We started licensing the platform four years ago and already see the approval of ten successful IND filings," said Oren Beske, Ph.D., Vice President of Business and Strategy at ATUM. "AskGene Pharma was one of the earliest adopters of the Leap-In Transposase technology and we are excited to see how fast they have reached IND filing status."

The Leap-In Transposase technology enables rapid, stable, and robust manufacturing of mammalian cell lines for the production of commercial-grade protein pharmaceuticals. The technology has been evaluated and accepted by multiple independent IND authorizing entities, including the Chinese National Medical Products Administration (NMPA), the European Medicines Agency (EMA), and the U.S. Food and Drug Administration (FDA).

"AskGene is committed to rapidly bringing safe and effective medicines to patients through the use of innovative technologies. We are very pleased to cooperate with ATUM to support us in developing the promising antibodies and next-generation cytokine therapeutics to benefit patients," said AskGene’s CEO, Jeff Lu, Ph.D. "The exceptional genetic stability of the cell lines developed using ATUM’s Leap-in Transposase technology was an important aspect of our successful IND filing and provided an incredibly efficient solution for cell line design and manufacturing."

For more information about the Leap-In Transposase technology, please visit www.atum.bio/pipeline/cld.

Xilio Therapeutics Announces Pricing of Initial Public Offering

On October 21, 2021 Xilio Therapeutics, Inc. (Xilio) a biotechnology company developing tumor-selective immuno-oncology therapies for patients with cancer, reported the pricing of its initial public offering of 7,353,000 shares of its common stock at a price to the public of $16.00 per share (Press release, Xilio Therapeutics, OCT 21, 2021, View Source [SID1234591725]). The gross proceeds to Xilio from the offering, before deducting underwriting discounts and commissions and estimated offering expenses payable by Xilio, are expected to be approximately $117.6 million. In addition, Xilio has granted the underwriters a 30-day option to purchase up to an additional 1,102,950 shares of its common stock at the initial public offering price less underwriting discounts and commissions. All of the shares are being offered by Xilio.

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The shares are expected to begin trading on the Nasdaq Global Select Market under the ticker symbol "XLO" on October 22, 2021. The offering is expected to close on October 26, 2021, subject to the satisfaction of customary closing conditions.

Morgan Stanley, Cowen and Guggenheim Securities are acting as joint book-running managers for the offering. Raymond James is acting as lead manager for the offering.

A registration statement relating to the offering of these securities has been filed with the Securities and Exchange Commission (SEC) and was declared effective on October 21, 2021. The offering is being made only by means of a prospectus. A copy of the final prospectus, when available, may be obtained from Morgan Stanley & Co. LLC by mail at Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, by telephone at (866) 718-1649 or by email at [email protected]; Cowen and Company, LLC by mail at Cowen and Company, LLC, c/o Broadridge Financial Solutions, Attention: Prospectus Department, 1155 Long Island Avenue, Edgewood, New York 11717, by telephone at (833) 297-2926 or by email at [email protected]; and Guggenheim Securities, LLC by mail at Guggenheim Securities, LLC, Attention: Equity Syndicate Department, 330 Madison Avenue, New York, NY 10017, by telephone at (212) 518-9544, or by email at [email protected].

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

Puma Biotechnology to Host Conference Call to Discuss Third Quarter Financial Results

On October 21, 2021 Puma Biotechnology, Inc. (NASDAQ: PBYI), a biopharmaceutical company, reported that it will host a conference call at 1:30 p.m. PDT/4:30 p.m. EDT on Thursday, Nov. 4, 2021, following the release of its third quarter 2021 financial results (Press release, Puma Biotechnology, OCT 21, 2021, View Source [SID1234591723]).

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The call may be accessed by dialing 1-888-437-3179 (domestic) or 1-862-298-0702 (international). Please dial in at least 10 minutes in advance and inform the operator that you would like to join the "Puma Biotechnology Conference Call." A live webcast of the conference call and presentation slides may be accessed on the Investors section of the Puma Biotechnology website at View Source A replay of the call will be available shortly after completion of the call and will be archived on Puma’s website for 90 days.