Viewpoint Molecular Targeting® Announces Publication of Preclinical Data of VMT01 in Peer-Reviewed Journal, “Cancers”

On September 22, 2021 Viewpoint Molecular Targeting, Inc. ("Viewpoint" or the "Company"), a radiopharmaceutical company developing precision lead-212-based α-particle oncology therapeutics and complementary diagnostic imaging agents, reported the publication of VMT01 preclinical data in an article titled, Targeted Alpha-Particle Radiotherapy and Immune Checkpoint Inhibitors Induces Cooperative Inhibition on Tumor Growth of Malignant Melanoma1 in the peer-reviewed journal Cancers (Press release, Viewpoint Molecular Targeting, SEP 22, 2021, https://viewpointmt.com/viewpoint-molecular-targeting-announces-publication-of-preclinical-data-of-vmt01-in-peer-reviewed-journal-cancers/ [SID1234590123]).

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VMT01 is Viewpoint’s specialized peptide designed to target the melanocortin 1 receptor (MC1R) on tumor cells. The results from preclinical studies indicate that MC1R-targeted therapies, such as peptide receptor radionuclide therapies (PRRT), are a promising alternative to current therapies for metastatic melanoma. In the published preclinical data, the 212 Pb radiolabeled peptide [212 Pb]VMT01 targeting MC1R was used to deliver α-particle radiation to melanoma cells. Robust anti-tumor specific cooperation between [212 Pb]VMT01 and systemic immune checkpoint inhibitor (ICI) immunotherapy was observed in preclinical melanoma models. This cooperation relies on the combination of the intact adaptive immunity and the immunogenicity caused by [212 Pb]VMT01.

"We are very pleased with the results of this preclinical study and are honored with the acceptance of this manuscript for publication in Cancers. We continue to be encouraged by the potential of VMT01 to significantly enhance responses to currently available immunotherapies for the treatment of metastatic melanoma," commented Michael K. Schultz, PhD, Chief Science Officer of Viewpoint. "Our data suggest that our targeted alpha-particle therapies have the potential to significantly enhance responses to currently available immunotherapies for the treatment of metastatic melanoma. We look forward to providing updates on our imaging study of VMT01 and the rest of our pipeline leveraging our proprietary 212 Pb alpha-particle radiotherapies and complementary 203 Pb diagnostic imaging agents."

Key findings of the publication are summarized below:

The combination of [212 Pb]VMT01 and immune checkpoint inhibitor therapy resulted in 43% complete and durable response rate in the syngeneic mouse model.
Further in vivo assays and rechallenge studies (in which naïve tumor cells were reintroduced to treated mice after a complete response) suggested a tumor specific T-cell mediated immune response.
Mice who demonstrated complete response to the combination of VMT01 and immune checkpoint inhibitors demonstrated resistance to the reintroduction of tumor cells, with either no growth or much slower tumor growth observed in these animals compared with control cohorts.
The results of this study suggest that targeted radionuclide therapy (TRT) such as [212 Pb]VMT01 is emerging as an effective approach to systemically deliver α-particle radiation that can induce anti-tumor immunity and enhance the efficacy of immunotherapies in a cooperative, potentially synergistic manner.
Data demonstrated that [212 Pb]VMT01 induced immunogenic cell death, tumor infiltrating lymphocytes, and sensitized immunotolerant melanoma tumors to ICI treatments (i.e., tumors were unresponsive to ICI therapy alone).
Viewpoint’s VMT01 program is intended to address an unmet clinical need with the use of a new imaging agent to guide Viewpoint’s radiopharmaceutical therapy against metastatic melanoma. This image-guided approach is often referred to as "theranostics." Using information guided by the low-risk medical imaging scan, a treatment plan utilizing the VMT01 ligand is designed to deliver the power of alpha-particle radiation specifically to melanoma tumors, while minimizing risk to unaffected organs and tissues. VMT01 represents a unique way to treat metastatic melanoma that has been vetted as scientifically sound by rigorous peer review and has the potential to be transformative for melanoma patients.

VMT01 is currently being evaluated in a Phase 1 imaging study being conducted at the Mayo Clinic. Provisional results for the VMT01 imaging study are targeted for Q4 2021. Following the results of the imaging trial, the Company plans to initiate a Phase 1/2a therapy study of VMT01 for the treatment of metastatic melanoma.

Alligator to Participate in Upcoming Investor Conferences

On September 22, 2021 Alligator Bioscience AB ("Alligator" or the "Company") reported that Søren Bregenholt, Chief Executive Officer, will participate and host one-on-one investor meetings at the following upcoming investor conferences (Press release, Alligator Bioscience, SEP 22, 2021, View Source [SID1234590121]):

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Redeye Online Investor Forum
Location: Virtual
Date: Thursday, September 23, 2021
Time: 15:00-16:40 (CET)

Redeye Malmö Investor Forum
Location: Malmö, Sweden
Date: Thursday, September 30, 2021
Time: 18:00-20:00 (CET)

21st Annual Biotech in Europe Forum
Location: Virtual IO Advanced Therapeutics Panel
Dates: Thursday, October 7 – Friday, October 8, 2021
Time: 13:30 – 14:30pm (CET)

Vator Securities Healthcare Innovation Summit
Location: Stockholm
Date: Thursday, October 7, 2021
Time: 11:40 – 12:00 CEST

BioStock Life Science Summit
Location: Virtual
Date: Wednesday, October 20, 2021
Time: TBD

All presentations will be available via a digital library, which is accessible to event participants only. Please contact the organizers at Redeye, Vator Securities, and/or BioStock if you wish to attend and/or schedule a meeting with Alligator.

Hexagon Bio Closes $47 Million in Series A Financing to Advance Novel Oncology and Infectious Disease Therapies

On September 22, 2021 Hexagon Bio, Inc. ("Hexagon"), a biotechnology company turning nature’s genomes into medicines, reported that it has closed $47 million in Series A financing (Press release, Hexagon Bio, SEP 22, 2021, View Source [SID1234590120]). The round was led by The Column Group, with participation from 8VC and Two Sigma Ventures. Tod Smeal, formerly of Eli Lilly, Pfizer and SUGEN, will join as Chief Scientific Officer as the company adds drug discovery capabilities to complement its interdisciplinary platform for molecule identification.

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Hexagon’s molecule discovery platform uses data science, genomics, and synthetic biology to discover potent, evolutionarily refined secondary metabolites and their protein targets from fungal genomes. Secondary metabolites, which are small molecules produced by bacteria, fungi, and plants (also known as "natural products"), comprise many of the world’s most efficacious therapeutics including the antibiotic penicillin and the cholesterol-lowering drug lovastatin. Among FDA-approved drugs, 49% of all small molecule cancer drugs and 73% of all antibiotics originated from secondary metabolites. While secondary metabolites have proven to be rich sources of potent drugs, their translation has been hindered by the lack of mechanistic understanding of their intended target. Hexagon’s proprietary algorithms identify novel secondary metabolites, along with their cognate proteins (therapeutic targets), from genomic data, allowing Hexagon to bypass traditional screening methods.

"Hexagon has shown that we can build small molecules targeting key proteins in human disease, using our database of microbial genomes. Now it’s time to scale up, and Hexagon is exceptionally well poised to do so using automation and large-scale DNA sequencing of microbes, starting with fungi," said Hexagon CEO, Maureen Hillenmeyer.

Only a few thousand fungal genomes have been studied, but it is estimated that there are five million fungi on earth. Large-scale sequencing of those genomes could yield novel treatments for a vast array of human diseases. Hexagon will use the Series A funding to develop a proprietary genomics database of new secondary metabolites, and to build a drug discovery team to develop these compounds. Hexagon’s initial therapeutic focus areas are oncology and infectious disease. The platform is extendable to other therapeutic areas including immunology, cardiovascular, neurological, and metabolic disorders.

Tod Smeal, PhD, will join Hexagon as Chief Scientific Officer to lead drug discovery efforts. Dr. Smeal brings 22 years of research and development experience in the biotechnology and pharmaceutical industries, most recently as Chief Scientific Officer of Cancer Biology, Oncology Drug Discovery at Lilly Research Labs. "Tod Smeal’s track record at delivering clinical candidates, combined with his leadership experience in building drug discovery teams, will enable the company to enter its next phase: developing new targeted therapies identified by Hexagon’s platform," said Maureen Hillenmeyer.

"I am excited by Hexagon’s vision of genomics-driven discovery of secondary metabolites that target disease-driving proteins. The molecules that result from Hexagon’s platform have evolved to target specific proteins and are cell-permeable, making them excellent starting points for drug discovery," said David Goeddel, Chairman of the Board of Directors.

The company is led by CEO and founder Maureen Hillenmeyer. Other Hexagon founders are Brian Naughton, Head of Data and formerly founding scientist at 23andme, Colin Harvey, Head of Platform and Yi Tang, Professor of Chemical and Biomolecular Engineering at UCLA.

In conjunction with the Series A financing, David Goeddel, PhD, Managing Partner at The Column Group will join as chairman of Hexagon’s Board of Directors. Dr. Goeddel’s pioneering work at Genentech in the fields of gene cloning and expression of human proteins was the basis for five marketed therapeutics including human insulin, human growth hormone, interferon-alpha, interferon-gamma and tissue plasminogen activator. Juan Jaen, PhD, co-founder, President and Head of Research at Arcus Biosciences, and formerly co-founder and head of R&D at Flexus Biosciences will join Hexagon’s Board as an independent director.

"Drug resistance in human fungal and bacterial infections is a growing threat with the potential to severely limit treatment options for patients," said Dusan Perovic, Principal at Two Sigma Ventures. "We are proud to support the world-class engineers and data scientists at Hexagon as they work to leverage software and automation to build the next wave of targeted therapies and expand treatment options for infectious diseases."

Hexagon Bio is headquartered in Menlo Park, CA.

Hexagon Bio’s founders are:

Maureen Hillenmeyer, PhD, CEO
Brian Naughton, PhD, Head of Data
Colin Harvey, PhD, Head of Platform
Yi Tang, PhD, Professor, Department of Chemical and Biomolecular Engineering, UCLA
Hexagon Bio’s board members are:

Maureen Hillenmeyer, PhD (Co-Founder & CEO, Hexagon Bio)
Brian Naughton, PhD (Co-Founder & Head of Data, Hexagon Bio)
David Goeddel, PhD (Managing Partner, The Column Group)
Millie Ray, PhD (Principal, The Column Group)
Alex Kolicich (Founding Partner, 8VC)
Juan Jaen, PhD (Co-Founder & President, Arcus Biosciences)

Akari Therapeutics to Present at the Cantor Virtual Global Healthcare Conference

On September 22, 2021 Akari Therapeutics, Plc (Nasdaq: AKTX), a late-stage biopharmaceutical company focused on innovative therapeutics to treat orphan autoimmune and inflammatory diseases where complement (C5) and/or leukotriene (LTB4) systems are implicated, reported that Clive Richardson, Chief Executive Officer, will present at the Cantor Virtual Global Healthcare Conference on Thursday, September 30, 2021 at 1:20 p.m. ET.

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Investors interested in arranging a virtual meeting with the Company’s management during the conference should contact the Cantor conference coordinator. A webcast of the Company’s presentation will be available by visiting ‘Events’ in the Investor Relations section on the Company’s website at www.akaritx.com. A webcast replay will be accessible for 90 days following the event.

Disclosure according to Article 5 Section (1) and (6) of the EU Regulation 596/2014 and Article 2 Section (1) of the Delegated EU Regulation 2016/1052/ Share Repurchase

On September 22, 2021 QIAGEN N.V. ("Company") reported that it will initiate the repurchase of a second tranche of shares under the share repurchase program that was announced by an ad-hoc announcement on July 12, 2021 (Press release, Qiagen, SEP 22, 2021, View Source;Share-Repurchase/default.aspx [SID1234590115]).

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In the time period between September 27, 2021, until October 29, 2021, at the latest and based on current prices, approximately 0.35 million common shares of the Company having a total purchase price of up to $19.4m million (or the equivalent Euro amount thereof, in each case without ancillary purchasing costs) shall be repurchased mainly on the electronic trading platform of the Frankfurt Stock Exchange (XETRA) and may also be repurchased on the trading platform of CBOE Europe and Turquoise Europe. The maximum purchase price per share (excluding ancillary purchase costs) will not exceed the average closing price for the last five trading days prior to the day of purchase on the electronic trading platform of the Frankfurt Stock Exchange by more than 10%.

The purpose of the share repurchase is to hold shares in treasury in order to satisfy obligations from employee share-based remuneration plans. The Managing Board of QIAGEN N.V., upon authorization of the Supervisory Board, is thus exercising the authorization by the Annual General Meeting on June 29, 2021.

The repurchase program will be carried out on behalf and account of QIAGEN N.V. through a financial institution commissioned by the Company. The financial institution will decide on the timing of the share purchase independently, without being influenced by the Company.

The share repurchase program will be implemented in accordance with the trading terms of Article 5 Section (1), (2) and (6) of the EU Regulation no 596/2014 and the Delegated EU Regulation no 2016/1052. In accordance with said EU Regulations, no purchase price may be paid that exceeds the price of the last independent trade or the highest current independent bid on the respective trading platform on which the repurchase is carried out. The higher of both values is decisive.

In addition, no more than 25% of the average daily volume of shares on the respective trading platform on which the repurchase is carried out may be acquired. The average daily volume of shares is based on the average daily volume traded on the respective trading platform over the twenty stock exchange trading days preceding the date of the purchase.

The share repurchase program may be suspended and resumed at any time, in line with applicable statutory regulations.

The transactions will be announced in a manner compliant with the requirements of Art. 2 Section (3) of the Delegated EU Regulation no 2016/1052 no later than on the seventh trading day following their conclusion.

In addition, QIAGEN N.V. will provide regular updates on the progress of the share repurchase program at www.qiagen.com.