Silverback Therapeutics Presents Interim Clinical Results from the Ongoing Phase 1/1b Study of SBT6050 Alone or In Combination with Pembrolizumab in Patients with Advanced or Metastatic HER2-Expressing Solid Tumors

On September 16, 2021 Silverback Therapeutics, Inc. (Nasdaq: SBTX) ("Silverback"), a clinical-stage biopharmaceutical company leveraging its proprietary ImmunoTAC technology platform to develop systemically delivered, tissue targeted therapeutics for the treatment of cancer, chronic viral infections, and other serious diseases, reported that interim clinical results from a Phase 1/1b clinical study of SBT6050 as a monotherapy and in combination with pembrolizumab in patients with advanced or metastatic HER2-expressing or amplified solid tumors, at the 2021 European Society for Medical Oncology Congress (Press release, Silverback Therapeutics, SEP 16, 2021, View Source [SID1234587838]).

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"Over this past year, we have gathered compelling data with clear signals of SBT6050’s pharmacological activity, marked by the activation of both the innate and adaptive immune response in patients," said Laura Shawver, Ph.D., chief executive officer of Silverback. "We look forward to moving into expansion cohorts and to expanding our clinical development plan to include combination with standard-of-care trastuzumab-containing regimens."

As of August 1, 2021, 40 patients with advanced or metastatic HER2-expressing or amplified solid tumors were enrolled into the SBT6050-101 trial. SBT6050 dose levels ranged from 0.3 to 1.2 mg/kg in the monotherapy dose escalation arm (Part 1), and 0.15 and 0.3 mg/kg in the pembrolizumab combination arm (Part 3). Patients received between 1 and 17 doses of SBT6050.

As a monotherapy and in combination with pembrolizumab, SBT6050 was generally well-tolerated, with an adverse event profile that is consistent with immune system activation and considered on-mechanism. "The adverse event profile thus far has been very manageable and importantly, suggests the potential to combine with other standard of care agents," said Samuel Klempner, MD, Medical Oncologist at the Massachusetts General Hospital. "The signals of anti-tumor activity are encouraging and its complementary mechanism of action with standard-of-care agents makes SBT6050 attractive for combination regimens."

Initial Safety Data

The most frequent treatment-related adverse events were consistent with immune activation, and included injection site reactions, fever and chills, hypotension, nausea, vomiting, and fatigue. These were mostly Grade 1 or 2 in nature, and no Grade 4 or higher related adverse events were reported.
At higher dose levels, dose limiting toxicities (DLTs) were observed and included Grade 3 hypotension, injection site reaction, fever, and hypoxia. These DLTs resolved with supportive care.
Cytokine release syndrome (CRS) > Grade 2 was not observed at any dose level.
Pharmacokinetic and Pharmacodynamic Data

SBT6050 exposures increased with dose and exhibited a linear PK profile at 0.6 mg/kg and higher. Linear exposure is evidence of saturation of receptor mediated clearance.
Conjugate stability was assessed using a highly sensitive assay, and no active levels of SBT6050’s free payload were detected in the blood and any amount of free payload was absent in 98% of all blood samples tested.
SBT6050 induces pharmacologic activity indicative of myeloid and NK/T cell activation at all dose levels, with effects plateauing at 0.6 mg/kg.
Pharmacodynamic activity is maintained with repeat dosing of SBT6050.
Anti-Tumor Activity

Early signals of anti-tumor activity were observed in a heavily pre-treated, heterogeneous population.
Among 18 evaluable patients for tumor types of interest, one patient with HER2 IHC 2+ NSCLC had a confirmed partial response (-55% per RECIST 1.1 criteria), maintained at the most recently available scan obtained at 36 weeks post-enrollment, and 8 weeks after discontinuing study treatment. In addition, stable disease was reported in seven patients.
SBT6050 targets the pertuzumab binding domain of HER2 and is designed to be used in combination with standard of care agents, including trastuzumab-containing regimens. Silverback will be discussing details of its expanded clinical development strategy on the scheduled investor webcast today.

Conference Call and Webcast on Thursday, September 16, 2021, at 6:30 AM ET

Silverback’s management team will host a conference call today at 6:30 AM ET. A live webcast, including slides, can be accessed through the Events section of the Company’s website at View Source An archived replay will be available shortly after the conclusion of the event.

About SBT6050

SBT6050 is the first of a new class of targeted immuno-oncology agents designed to direct a TLR8 agonist linker-payload to activate myeloid cells in tumors expressing moderate to high levels of HER2. TLR8 is expressed in myeloid cell types prevalent in human tumors and TLR8 agonism can activate a broad spectrum of anti-tumor immune mechanisms, including pathways involved in the innate and adaptive immune response. SBT6050 was specifically designed to bind to the HER2 sub-domain II, the pertuzumab epitope, to enable combinations with trastuzumab-containing therapies. SBT6050 is currently being evaluated in a Phase 1/1b trial in patients with advanced or metastatic HER2-expressing or amplified solid tumors.

Crescendo to Participate in Upcoming Investor Conferences

On September 16, 2021 Crescendo Biologics Ltd (Crescendo), a clinical stage immuno-oncology company developing novel, targeted T cell enhancing therapeutics, reported that senior members of the executive team will be participating at the following events (Press release, Crescendo Biologics, SEP 16, 2021, View Source [SID1234587837]). They also look forward to meeting investors to discuss the Company’s business strategy, technology, discovery platform and development programmes.

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Oppenheimer Fall Healthcare Life Sciences & Med Tech Summit, 23 September 2021
Presentation at 9:05 am EDT, 2:05 pm BST
SVB Leerink Biopharma Private Company Connect, 27-29 October 2021
If you would like to meet the team at these events, please contact the Company via email at [email protected].

Please refer to the conference websites for further information and any updated schedules.

Latest Analyses of Vitrakvi® (larotrectinib) Support Consistently Meaningful Clinical Profile for Both Adult and Pediatric Patients with TRK Fusion Cancer

On September 16, 2021 Bayer reported that Data from three subset analyses and one matching-adjusted indirect comparison (MAIC) model for Vitrakvi (larotrectinib) showcase its consistent noteworthy clinical profile and add to its existing safety data for patients with solid tumors harboring an NTRK gene fusion (also known as TRK fusion cancer) (Press release, Bayer, SEP 16, 2021, View Source [SID1234587836]). These analyses add to the body of evidence for the compound, which has the largest dataset and longest follow-up of any TRK inhibitor. These results are being presented at the ESMO (Free ESMO Whitepaper) Congress 2021, to be held between September 16-21, 2021.

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Vitrakvi is approved for the treatment of adult and pediatric patients with solid tumors that have an NTRK gene fusion without a known acquired resistance mutation, are metastatic or where surgical resection is likely to result in severe morbidity, and have no satisfactory alternative treatments or that have progressed following treatment. Patients should be selected for therapy based on a Food and Drug Administration (FDA)-approved test. This indication is approved under accelerated approval based on overall response rate and duration of response. Continued approval for this indication may be contingent upon verification and description of clinical benefit in confirmatory trials.1

"As we continue to see ongoing analyses of larotrectinib across a wide range of solid tumors and ages, its consistent results in NTRK fusion-positive cancers support its efficacy and safety in adults and children." said Alexander Drilon, M.D., Chief of Early Drug Development Service at Memorial Sloan Kettering Cancer Center.* "These data reinforce the importance of early comprehensive genomic testing to uncover actionable oncogenic drivers, including NTRK gene fusions, to help identify patients who are most likely to benefit from a targeted treatment approach."

"The U.S. FDA approval of Vitrakvi nearly three years ago represented a paradigm shift in how we treat cancer, by inhibiting the oncogenic driver that is causing a solid tumor to grow and spread rather than the location where it originates," said Scott Z. Fields, M.D., Senior Vice President and Head of Oncology Development at Bayer’s Pharmaceutical Division. "The long-term data for Vitrakvi continue to support consistent responses and similar safety profile seen with the addition of new patients and with longer follow-up. These findings reinforce the importance of precision oncology medicines as a meaningful advancement in cancer care."

Larotrectinib efficacy and safety in adult patients with tropomyosin receptor kinase (TRK) fusion cancer (Abstract 535P)2

In an updated subgroup analysis with longer follow-up (data cut-off July 20, 2020) in 130 evaluable patients out of 140 total adult patients with non-central nervous system (CNS) TRK fusion cancer across 20 different tumor types, Vitrakvi continued to show efficacy. Among evaluable patients, the overall response rate (ORR) was 67% (95% CI 58–75) per investigator assessment, including 12% complete responses and 55% partial responses. Among the evaluable patients with CNS metastases (n=15), ORR was 73% (95% CI 45–92). Among all patients, the median duration of response (DoR) was 49.3 months (95% CI 26.3–NE) at a median follow-up of 23.2 months.

Grade 3–4 treatment related adverse events (TRAEs) occurred in 17 patients (12%) and no new safety signals were identified. Data were pooled from three clinical trials (NCT02122913, NCT02637687, NCT02576431).

Larotrectinib in non-CNS TRK fusion cancer patients: outcomes by prior therapy and performance status (Abstract 534P)3

In a post-hoc subgroup analysis with adult and pediatric patients (n=218; data cut-off July 20, 2020), patients were evaluated based on treatment history and baseline performance status. A total of 218 patients were evaluated based on performance status as defined by Eastern Cooperative Oncology Group (ECOG PS) or equivalent Lansky/Karnofsky performance status for pediatric patients. Out of the 218 evaluable patients, 216 patients were assessed based on prior line of systemic therapy, as two patients were excluded from analysis due to data entry ambiguity. Investigator-assessed treatment response rates were highest in patients who had no previous systemic treatment (ORR=81%; 95% CI 69–91; n=58) or with a baseline ECOG PS of 0 (ORR=85%; 95% CI 77–91; n=114); however, while patients in each group showed responses from Vitrakvi across prior line of systemic therapy and baseline ECOG PS, there were differences. In patients who received Vitrakvi following one line of systemic therapy (n=59), the ORR was 73% (95% CI 60–84). In patients who received two lines of systemic therapy (n=42), the ORR was 69% (95% CI 53–82), and in patients who received three or more lines of systemic therapy (n=57) the ORR was 75% (95% CI 62–86). In patients with an ECOG PS of 1 (n=78), the ORR was 66% (95% CI 54–77), followed by 61% (95% CI 39–80; n=23) with an ECOG PS of 2, and 33% (95% CI 1–91; n=3) with an ECOG PS of 3. Across all patients, ORR was 75% (95% CI 68–81) and median DoR was 49.3 months (95% CI 27.3–NE). Data were pooled from three clinical trials (NCT02122913, NCT02637687, NCT02576431).

Incidence of fractures in TRK fusion cancer patients treated with larotrectinib (Abstract 536P)4

In a pooled analysis of 331 patients (n=214 adult, 117 pediatric) with solid and CNS tumors treated with Vitrakvi, the incidence of fractures, which can be an event of concern in oncology patients, was analyzed. Fractures were mainly Grade 1 or 2 (n=12 adult fractures, n=8 pediatric fractures) and were associated with trauma (fall) or were tumor-related. Treatment-emergent fractures of all grades were reported in 7% (n=15) of adults and 7.7% (n=9) of children. No fractures were considered to be treatment-related by Investigator. Data were pooled from three clinical trials (NCT02122913, NCT02637687, NCT02576431).

Matching-adjusted indirect comparison for treatment of NTRK fusion cancer with larotrectinib versus entrectinib (Abstract 104P)5

A MAIC of data from clinical trials with Vitrakvi (data cut-off July 2020) and entrectinib (data cut-off October 2018) analyzed the efficacy endpoints overall survival (OS), progression-free survival (PFS), ORRs including complete responses and DoR as well as safety observed in these trials, matching patients based on available common baseline characteristics (gender, age, race, ECOG score, select tumor types, metastatic disease, NTRK gene, CNS metastases, number of prior lines of therapy). Although cross-trial comparisons are subject to limitations, MAIC is an alternative method for comparative data when a head-to-head randomized control trial (RCT) is not available and/or possible, such as in the case of TRK fusion cancer in part due to the rarity of the disease.6 The analysis provides further, more granular information between the efficacy and safety outcomes between the clinical trials with these treatments. Data were pooled from three Vitrakvi clinical trials (NCT02122913, NCT02637687, NCT02576431) and three entrectinib studies (ALKA-372-001, STARTRK-1 and STARTRK-2).

About Vitrakvi (larotrectinib)

Vitrakvi (larotrectinib) is indicated for the treatment of adult and pediatric patients with solid tumors that have a neurotrophic receptor tyrosine kinase (NTRK) gene fusion without a known acquired resistance mutation, are metastatic or where surgical resection will likely result in severe morbidity, and have no satisfactory alternative treatments or that have progressed following treatment.

Select patients for therapy based on an FDA-approved test.

This indication is approved under accelerated approval based on overall response rate and duration of response. Continued approval for this indication may be contingent upon verification and description of clinical benefit in confirmatory trials.

Important Safety Information for Vitrakvi (larotrectinib)

Central Nervous System Effects: Central nervous system (CNS) adverse reactions occurred in patients receiving VITRAKVI, including dizziness, cognitive impairment, mood disorders, and sleep disturbances.

In patients who received VITRAKVI, all grades CNS effects including cognitive impairment, mood disorders, dizziness and sleep disorders were observed in 42% with Grades 3-4 in 3.9% of patients.

Cognitive impairment occurred in 11% of patients. The median time to onset of cognitive impairment was 5.6 months (range: 2 days to 41 months). Cognitive impairment occurring in ≥ 1% of patients included memory impairment (3.6%), confusional state (2.9%), disturbance in attention (2.9%), delirium (2.2%), cognitive disorders (1.4%), and Grade 3 cognitive adverse reactions occurred in 2.5% of patients. Among the 30 patients with cognitive impairment, 7% required a dose modification and 20% required dose interruption.

Mood disorders occurred in 14% of patients. The median time to onset of mood disorders was 3.9 months (range: 1 day to 40.5 months). Mood disorders occurring in ≥1% of patients included anxiety (5%), depression (3.9%), agitation (2.9%), and irritability (2.9%). Grade 3 mood disorders occurred in 0.4% of patients.

Dizziness occurred in 27% of patients, and Grade 3 dizziness occurred in 1.1% of patients. Among the 74 patients who experienced dizziness, 5% of patients required a dose modification and 5% required dose interruption.

Sleep disturbances occurred in 10% of patients. Sleep disturbances included insomnia (7%), somnolence (2.5%), and sleep disorder (0.4%). There were no Grade 3-4 sleep disturbances. Among the 28 patients who experienced sleep disturbances, 1 patient each (3.6%) required a dose modification or dose interruption.

Advise patients and caretakers of these risks with VITRAKVI. Advise patients not to drive or operate hazardous machinery if they are experiencing neurologic adverse reactions. Withhold or permanently discontinue VITRAKVI based on the severity. If withheld, modify the VITRAKVI dosage when resumed.

Skeletal Fractures: Among 187 adult patients who received VITRAKVI across clinical trials, fractures were reported in 7% and among 92 pediatric patients, fractures were reported in 9% (N=279; 8%). Median time to fracture was 11.6 months (range 0.9 to 45.8 months) in patients followed per fracture. Fractures of the femur, hip or acetabulum were reported in 4 patients (3 adult, 1 pediatric). Most fractures were associated with minimal or moderate trauma. Some fractures were associated with radiologic abnormalities suggestive of local tumor involvement. VITRAKVI treatment was interrupted due to fracture in 1.4% patients.

Promptly evaluate patients with signs or symptoms of potential fracture (e.g., pain, changes in mobility, deformity). There are no data on the effects of VITRAKVI on healing of known fractures or risk of future fractures.

Hepatotoxicity: In patients who received VITRAKVI, increased AST of any grade occurred in 52% of patients and increased ALT of any grade occurred in 45%. Grade 3-4 increased AST or ALT occurred in 3.1% and 2.5% of patients, respectively. The median time to onset of increased AST was 2.1 months (range: 1 day to 4.3 years). The median time to onset of increased ALT was 2.3 months (range: 1 day to 4.2 years). Increased AST and ALT leading to dose modifications occurred in 1.4% and 2.2% of patients, respectively. Increased AST or ALT led to permanent discontinuation in 3 (1.1%) patients.

Monitor liver tests, including ALT and AST, every 2 weeks during the first month of treatment, then monthly thereafter, and as clinically indicated. Withhold or permanently discontinue VITRAKVI based on the severity. If withheld, modify the VITRAKVI dosage when resumed.

Embryo-Fetal Toxicity: VITRAKVI can cause fetal harm when administered to a pregnant woman. VITRAKVI resulted in malformations in rats and rabbits at maternal exposures that were approximately 11- and 0.7-times, respectively, those observed at the clinical dose of 100 mg twice daily. Advise women of the potential risk to a fetus. Advise females of reproductive potential to use an effective method of contraception during treatment and for 1 week after the final dose of VITRAKVI.

Most Common Adverse Reactions (≥20%): The most common adverse reactions (≥20%), including laboratory abnormalities, were: increased AST (52%), increased ALT (45%), anemia (42%), musculoskeletal pain (42%), fatigue (36%), hypoalbuminemia (36%), neutropenia (36%), increased alkaline phosphatase (34%), cough (32%), leukopenia (28%), constipation (27%), diarrhea (27%), dizziness (27%), hypocalcemia (25%), nausea (25%), vomiting (25%), pyrexia (24%), lymphopenia (22%) and abdominal pain (21%).

Drug Interactions: Avoid coadministration of VITRAKVI with strong CYP3A4 inhibitors (including grapefruit or grapefruit juice), strong CYP3A4 inducers (including St. John’s wort), or sensitive CYP3A4 substrates. If coadministration of strong CYP3A4 inhibitors or inducers cannot be avoided, modify the VITRAKVI dose as recommended. If coadministration of sensitive CYP3A4 substrates cannot be avoided, monitor patients for increased adverse reactions of these drugs.

Lactation: Advise women not to breastfeed during treatment with VITRAKVI and for 1 week after the final dose.

Please see the full Prescribing Information for VITRAKVI (larotrectinib).

About TRK Fusion Cancer

TRK fusion cancer occurs when an NTRK gene fuses with another unrelated gene, producing a chimeric TRK protein. The altered protein, or TRK fusion protein, becomes constitutively active or overexpressed, triggering a signaling cascade. These TRK fusion proteins are oncogenic drivers promoting cell growth and survival, leading to TRK fusion cancer. TRK fusion cancer is not limited to certain types of tissues and can occur in any part of the body. TRK fusion cancer occurs in various adult and pediatric solid tumors with varying frequency, including lung, thyroid, GI cancers (colon, cholangiocarcinoma, pancreatic and appendiceal), sarcoma, CNS cancers (glioma and glioblastoma), salivary gland cancers (including secretory carcinoma of the salivary gland) and pediatric cancers (infantile fibrosarcoma and other soft tissue sarcomas).1,7

About Oncology at Bayer

Bayer is committed to delivering science for a better life by advancing a portfolio of innovative treatments. The oncology franchise at Bayer includes six marketed products and several other assets in various stages of clinical development. Together, these products reflect the company’s approach to research, which prioritizes targets and pathways with the potential to impact the way that cancer is treated.

Shasqi Presents Initial Data Validating Approach of Click Chemistry Activated Oncology Therapeutics at ESMO Congress 2021

On September 16, 2021 Shasqi, a clinical-stage biotechnology company developing precision activated oncology therapeutics with its proprietary Click Activated Protodrugs Against Cancer (CAPAC) platform, reported that interim data from its Phase 1 clinical study of SQ3370 in advanced sarcomas and other solid tumors, as well as additional non-clinical data at the European Society for Medical Oncology (ESMO) (Free ESMO Whitepaper) Congress, being held virtually on September 16-21, 2021 (Press release, Shasqi, SEP 16, 2021, View Source [SID1234587835]).

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The interim Phase 1 clinical data were presented at the developmental therapeutics virtual poster session:

Abstract Title: Early pharmacokinetic data from a Phase I study of SQ3370 (NCT04106492) in patients with advanced solid tumors provides proof-of-concept for the click chemistry-based CAPAC platform
Presentation Number: 547P
Virtual Poster Session Title: Developmental therapeutics
Link to full poster details here.
The non-clinical data were presented at the basic science virtual poster session:

Abstract Title: Click Activated Protodrugs Against Cancer (CAPAC) Platform Enhances the Safety, Pharmacokinetics, and Antitumor Efficacy of Cancer Therapies in vivo
Presentation Number: 9P
Virtual Poster Session Title: Basic science
Link to full poster details here.
"These early data from our Phase 1 study of SQ3370 provide initial validation for our click chemistry-based platform in humans with an encouraging safety profile," said José M. Mejía Oneto, M.D., Ph.D., Founder and CEO of Shasqi. "Cytotoxic agents remain standard of care for many cancers because they are effective at killing tumor cells. Our platform is designed to enhance the therapeutic benefit of these agents while minimizing toxicity. With this early validation of our platform, we can continue to advance SQ3370 and explore the application of our technology beyond chemotherapies to other standard of care cancer therapies with a limited therapeutic window."

"Conventional chemotherapeutics are not tumor-specific and can lead to toxicity. In this study, which administered up to four times the standard dose of doxorubicin, we showed that SQ3370 has the potential to widen the therapeutic window and improve the safety profile when compared to standard doxorubicin or liposomal doxorubicin," said Vivek Subbiah, M.D., Principal Investigator, Associate Professor of Investigational Cancer Therapeutics at The University of Texas MD Anderson Cancer Center. "The early signs of clinical activity without dose limiting toxicities in this group of heavily pretreated patients, some of whom have progressed through standard doxorubicin and other chemotherapies, are encouraging. As the study advances, we will further evaluate the safety and efficacy of higher doses of SQ3370."

The interim Phase 1 results of the first-in-human, dose escalation study of SQ3370 in patients with advanced solid tumors that are refractory/relapsed following or otherwise ineligible for standard of care therapy, were presented in poster format at ESMO (Free ESMO Whitepaper) 2021. Key study findings include:

All nine patients received at least one cycle of SQ3370
Eight out of nine patients had metastatic disease
Escalating doses ranged from 0.38x to 4x the molar equivalent of conventional doxorubicin
Nonclinical and clinical pharmacokinetics (PK) data are consistent, demonstrating more than 50 times higher exposure of doxorubicin in tumor versus plasma
No dose-limiting toxicities (DLT’s) have been observed
The most common treatment emergent adverse events reported were nausea, fatigue, constipation and pyrexia
Five out of eight evaluable patients had a best response of stable disease, including patients who progressed on prior doxorubicin or other prior systemic therapies
Maximum tolerated dose has not yet been reached
SQ3370 dose escalation is ongoing
Non-clinical results on the safety, PK, and antitumor efficacy of Click Activated Protodrugs Against Cancer (CAPAC) Platform in animal models were presented in poster format at ESMO (Free ESMO Whitepaper) 2021. Key findings included:

GLP study in canine models showed that the highest non-severely toxic dose (HNSTD) of SQ3370 was 8.95 mg/kg/cycle. Side effects were dose-dependent and reversible with no evidence of cardiotoxicity
Rat PK modeling shows that doxorubicin exposure in the tumor is >300x higher than plasma
SQ3370 murine models showed antitumor efficacy in multiple tumor types both in injected and non-injected lesions (abscopal effect).
CAPAC and SQ3370:

SQ3370 utilizes Shasqi’s proprietary CAPAC platform, a click chemistry-based approach that activates cancer drugs at a tumor with decreased systemic toxicity. The platform is based on the chemical reaction between an attenuated trans-cyclooctene-modified protodrug and a tetrazine-modified biopolymer. The biopolymer is injected into the target tumor lesion, where it precisely activates an intravenously infused protodrug. Unlike traditional targeted therapies, the CAPAC platform is agnostic to tumor characteristics that can vary from patient to patient, such as biomarker expression and enzymatic activity.

Y-mAbs Announces Data to be Presented at SIOP 2021

On September 16, 2021 Y-mAbs Therapeutics, Inc. ("Y-mAbs", NASDAQ: YMAB), a commercial-stage biopharmaceutical company focused on the development and commercialization of novel, antibody-based therapeutic products for the treatment of cancer, reported the acceptance of two presentations at the International Society of Pediatric Oncology ("SIOP") Virtual Annual Congress held October 21 through October 24, 2021 (Press release, Y-mAbs Therapeutics, SEP 16, 2021, View Source [SID1234587834]).

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DANYELZA (naxitamab-gqgk)

The abstracts include the following oral presentation of DANYELZA, the Company’s approved therapy for the treatment of pediatric patients with relapsed or refractory high-risk neuroblastoma, which is currently also being evaluated for the treatment of osteosarcoma and other GD2-positive tumors:

"Naxitamab treatment of refractory/relapsed high-risk neuroblastoma (R/R HR NB); subgroup analysis of updated efficacy and safety data for the registrational Phase II trial", submitted by SJD Barcelona Children’s Hospital in Barcelona, Spain
Omburtamab

The abstracts also include the following poster presentation of omburtamab, the Company’s lead product candidate, which is currently being evaluated for the treatment of patients with CNS/Leptomeningeal metastasis from neuroblastoma, diffuse intrinsic pontine glioma ("DIPG"), and desmoplastic small round cell tumors ("DSRCT"):

"Outcomes of intraventricular 131-I-8H9 and external beam radiotherapy in patients with medulloblastoma, ependymoma, and pineoblastoma," submitted by Memorial Sloan Kettering Cancer Center ("MSK") in New York
Researchers at MSK developed DANYELZA and omburtamab, which are exclusively licensed by MSK to Y-mAbs. As a result of this licensing arrangement, MSK has institutional financial interests in the compounds.

About DANYELZA (naxitamab-gqgk)

DANYELZA (naxitamab-gqgk) is indicated, in combination with granulocyte-macrophage colony-stimulating factor ("GM-CSF"), for the treatment of pediatric patients 1 year of age and older and adult patients with relapsed or refractory high-risk neuroblastoma in the bone or bone marrow who have demonstrated a partial response, minor response, or stable disease to prior therapy. This indication was approved under accelerated approval based on overall response rate and duration of response. Continued approval for this indication may be contingent upon verification and description of clinical benefits in a confirmatory trial. DANYELZA includes a Boxed Warning for serious infusion-related reactions, such as cardiac arrest and anaphylaxis, and neurotoxicity, such as severe neuropathic pain and transverse myelitis. See full Prescribing Information for complete Boxed Warning and other important safety information.