Evelo Biosciences to Host Quarterly Corporate Update Conference Call on Tuesday, August 6th

On July 30, 2019 Evelo Biosciences, Inc. (Nasdaq: EVLO) ("Evelo"), a biotechnology company developing oral biologics that act on cells in the small intestine with systemic therapeutic effects, reported that it will host a conference call and live webcast at 8:30 A.M. ET on Tuesday, August 6, 2019 to report its second quarter financial results and discuss recent business updates (Press release, Evelo Biosciences, JUL 30, 2019, View Source [SID1234538811]).

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To access the live conference call, please dial 1-866-795-3242 (domestic) or 1-409-937-8909 (international) and refer to conference ID 6380636. A live webcast of the event will also be available under "News and Events" in the Investors section of Evelo’s website at View Source The archived webcast will be available on Evelo’s website approximately two hours after the completion of the event and will be available for 30 days following the call.

Significant Regulatory Milestone Towards Phase 2 in Recurrent GBM

On July 30, 2019 Bexion Pharmaceuticals, Inc. an oncology-focused company reported the completion of a Type B End-of-Phase 1 meeting with the U.S. Food and Drug Administration (FDA) to discuss the End of Phase 1 and the design of a Phase 2 clinical trial for BXQ-350, the Company’s lead candidate, for the treatment of recurrent Glioblastoma Multiforme (rGBM) (Press release, Bexion, JUL 30, 2019, View Source [SID1234538715]).

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Type B Meeting
In the Type B meeting, the FDA provided guidance on various design aspects of Bexion’s proposed Phase 2 clinical trial. The trial is expected to enroll 55-60 patients.

Significant Regulatory Milestone
"An End of Phase 1 meeting with the FDA is a significant regulatory milestone for any new clinical development program," said Dr. Richard Schwen, Regulatory Consultant for Bexion. "Such meetings are granted by the FDA only when significant data on the drug are available. Bexion’s recent meeting signals the FDA’s interest in the BXQ-350 program, and an opportunity for Bexion to obtain input to refine the remaining studies required for an FDA approval."

Phase 2
The Phase 2 trial is designed with learnings from the Phase 1 program, which dosed 93 patients, with 21 having rGBM. The Phase 1 program reached the highest planned dose and demonstrated a strong safety profile for BXQ-350.

Based upon the FDA’s feedback, Bexion will submit a Phase 2 clinical trial protocol and statistical analysis plan along with the requested Chemistry, Manufacturing and Controls (CMC) information to the Investigational New Drug (IND) application.

"The FDA has provided us very valuable advice on the design of the Phase 2 trial, and we are grateful for their comprehensive feedback," said Dr. Ray Takigiku, CEO of Bexion Pharmaceuticals. "Recurrent GBM remains an urgent unmet medical need, and we believe the initiation of a Phase 2 clinical trial of BXQ-350 for this devastating disease is a major milestone for both patients and Bexion. We are working diligently to incorporate the FDA’s comments into the IND, with the expectation of initiating the Phase 2 trial in the first quarter of 2020."

Gilead Sciences Announces Third Quarter 2019 Dividend

On July 30, 2019 Gilead Sciences, Inc. (Nasdaq: GILD) reported that the company’s Board of Directors has declared a cash dividend of $0.63 per share of common stock for the third quarter of 2019 (Press release, Gilead Sciences, JUL 30, 2019, View Source [SID1234537947]). The dividend is payable on September 27, 2019, to stockholders of record at the close of business on September 13, 2019. Future dividends will be subject to Board approval.

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Alder BioPharmaceuticals® to Host Conference Call to Discuss Second Quarter 2019 Financial and Operating Results

On July 30, 2019 Alder BioPharmaceuticals, Inc. (NASDAQ: ALDR), a biopharmaceutical company focused on developing novel therapeutic antibodies for the treatment of migraine, reported that it will report its second quarter 2019 financial and operating results after the close of U.S. financial markets on Tuesday, August 6, 2019 (Press release, Alder Biopharmaceuticals, JUL 30, 2019, https://investor.alderbio.com/news-releases/news-release-details/alder-biopharmaceuticalsr-host-conference-call-discuss-second-1 [SID1234537946]). Alder management will host a conference call and live audio webcast to discuss the results and provide a general business update at 5:00 p.m. ET the same day.

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The live call may be accessed by dialing (877) 430-4657 for domestic callers or (484) 756-4339 for international callers and providing conference ID number 6561825. The webcast can be accessed from the Events & Presentations page of the Investors section of Alder’s website at www.alderbio.com and will be available for replay following the call for at least 30 days.

A new approach to molecular imaging in cancer patients

On July 30, 2019 Immunotherapy has reported shown promising outcomes in multiple cancer types (Press release, ImaginAb, JUL 30, 2019, View Source [SID1234537923]). The US Food and Drug Administration and European Medicines Agency have approved several immunotherapeutic drugs, including checkpoint inhibitors, which have been fully accepted in clinical practice.

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Complementary to these therapies, antibody based positron emission tomography (known as immuno-PET imaging) has become an increasingly important way to visualise and characterise tumour lesions.

Antibody imaging for immunotherapy can visualise systemic drug distribution as well as provide insight regarding the localisation of the drug inside the tumour. In vivo imaging in preclinical models has been instrumental in understanding the complex interactions of cancer and the immune system.

The great task now lies in imaging immune responses in real cancer patients in a safe and non-invasive manner to realise the full potential of immunotherapy in the clinic. Additionally, imaging can be used to identify patients who may benefit from a particular therapy and predict and monitor its outcome. In recent years, the field has focused on zirconium (89Zr), a radiometal with near-ideal physical and chemical properties for immuno-PET.

To date, 89Zr-based PET imaging has been investigated in a wide variety of cancer-related targets. Moreover, clinical studies have shown how 89Zr-based immuno-PET can be used to tailor treatment for individual patients.

Although radiolabelled antibodies are an excellent choice for non-invasive imaging and for monitoring changes of target antigens with time, they have limitations — a major one being the long blood clearance required, which means it usually takes 3–5 days after injection before an accurate image can be obtained.

Some companies are leading the way in providing solutions to these challenges. Clinical stage immuno-oncology imaging company ImaginAb has developed a "minibody" technology platform to be used in whole body in vivo imaging. This minibody is designed and manufactured in such a way that allows same-day imaging, while maintaining the specificity and sensitivity to quantitatively assess the immunological status of each cancer lesion within a patient.

The platform’s lead product is 89ZrCD8PET. Owing to the half-life of 89Zr, patients can be imaged for up to six days with the minibody imaging agent, allowing early changes in therapy to be measured. Another positive aspect of this approach is that 89Zr can be imagined using current existing infrastructure and does not require modification of pre-established imaging systems.

In the context of tumour immunology, it has become apparent that within the tumour micro-environment, CD8 tumour infiltrating lymphocytes are an important component in eliciting a therapy response and are linked to disease outcome.

Although immunotherapies are successful, they only work in a subset of patients.

Therefore, the ability to determine the immune response post therapy in a non-invasive way is crucial in the clinical decision of advising appropriate treatment. 89ZrCD8PET allows the full body visualisation of the CD8 cells distribution, both in normal and tumour tissue. Data from studies highlight the potential of 89ZrCD8PET to address fundamental questions regarding the role of CD8 cells in the fight against cancer.

This agent can also replace the need for biopsy and allow early, quantitative, whole-body pharmacodynamic readout of developmental drug efficacy improving internal pharma decision making on which new immunotherapies and/or combination treatments to progress in R&D.

In fact, a number of pharma companies, including Boehringer Ingelheim, Merck, Nektar and Roche, plan to employ this 89ZrCD8PET imaging agent imaging in clinical trials to explore the efficacy of novel immune-oncology therapies. For many pharma companies, this technology provides an important new tool to improve clinical development of next generation immunotherapies by improving patient selection and stratification. It provides an opportunity to see early efficacy data derived from new drug treatments.