Personal Genome Diagnostics and Mayo Clinic Enter Strategic Collaboration to Enhance Patient Care in Oncology

On January 8, 2020 Personal Genome Diagnostics Inc. (PGDx), a leader in cancer genomics, reported a strategic collaboration with Mayo Clinic to enhance the development of clinical diagnostic solutions for oncology (Press release, Personal Genome Diagnostics, JAN 8, 2020, View Source [SID1234552868]). Together, PGDx and Mayo Clinic will focus on technology optimization and clinical utility studies for liquid biopsy and tissue-based genomic applications.

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The two organizations have a shared vision for advancing the capabilities of oncology diagnostics and treatment. This collaboration will combine world-class clinical knowledge and expertise in oncology from Mayo Clinic with leadership in genomic technologies from PGDx to accelerate solutions that deliver on the promise of precision medicine.

"We are proud to enter into this strategic collaboration with Mayo Clinic. Their deep knowledge of establishing standards of care in oncology, the complexity and volume of cancer cases they see, and their expertise in the implementation of testing in a real-world setting are second to none," says Doug Ward, CEO, PGDx. "As we continue our quest to empower the fight against cancer, collaborating with Mayo Clinic will allow us to better assess the impact that our elio liquid biopsy and tissue applications will have on improving clinical insights, and will advance innovations in next-generation sequencing technology."

The shared vision and overall goal for PGDx and Mayo Clinic is to improve patient care by advancing the capabilities of oncology diagnostics testing. With a focus on targetable genomic alterations, this collaboration will take advantage of the clinical and technology expertise of both organizations.

KIYATEC Secures Investment from Life Sciences Venture Fund Esperante to Fuel Clinical Assay Validation Efforts

On January 8, 2020 KIYATEC, Inc. reported that it has secured an investment from life sciences venture investment company Esperante (Press release, KIYATEC, JAN 8, 2020, View Source [SID1234552867]). Investment funds will be used primarily to support KIYATEC’s pivotal 3D-PREDICT study (NCT03561207), designed to validate clinical assays that predict pre-treatment response to cancer drug therapies for ovarian cancer and glioblastoma. Both cancer types are characterized by poor progression-free and overall survival, despite aggressive administration of approved and experimental drug therapies.

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While significant advances in the field of personalized medicine have been made over the last 20 years, the industry has made very little headway in its ability to help clinicians optimize cancer drug selection and patient outcomes through the accurate stratification of patients according to predicted response and/or non-response to specific, approved drug therapies. KIYATEC’s ex vivo 3D cell culture platform is optimized to use a patient’s primary tumor tissue to create microtumors, or tumor spheroids, that can be treated with drug therapies outside the body, to potentially inform and guide pre-treatment therapeutic decision-making. The company’s 3D-PREDICT clinical study is currently enrolling patients and Esperante’s investment will help support those efforts.

"In vitro clinical diagnostics is a field of particular investment focus for us due to its potential to positively impact clinical decision making, therapeutic selection and patient outcomes," said Dean Slagel, Managing Director at Esperante. "Investing in KIYATEC dovetails very well with our investment strategy. We believe their clinical assays, once validated, have the potential to transform the manner in which these two cancer types are treated."

The catalyst for Esperante’s investment in KIYATEC was the National Cancer Institute’s (NCI) Investor Initiatives program, which brings together emerging biotechnology companies with targeted investors and strategic partners to advance their research and commercialization efforts. KIYATEC and the NCI have enjoyed a longstanding, productive research collaboration that has centered on multiple clinical applications of KIYATEC’s proprietary ex vivo 3D cell culture technology platform. KIYATEC’s participation in the NCI Investor Initiatives program was a natural extension of this mutually beneficial relationship.

"As a growing biotech company with a promising technology platform, KIYATEC has been a beneficiary of the NCI’s guidance in both supporting our efforts to advance our technology across multiple solid tumor types and cancer drug classes while at the same time enabling relationships with potential investors and strategic partners. We gratefully welcome Esperante to a growing body of KIYATEC investors as we advance our mission to provide response-predictive testing services to the scientists and clinicians at the forefront of cancer drug development and patient care," said Matthew Gevaert, CEO and co-founder of KIYATEC.

PellePharm Initiates Phase 2 Clinical Trial of Patidegib Topical Gel for People With High Frequency Basal Cell Carcinoma

On January 8, 2020 PellePharm, Inc., a BridgeBio Pharma, Inc. (Nasdaq: BBIO) company, reported it has dosed the first two participants in a Phase 2 clinical trial of Patidegib Topical Gel, 2%, vs. vehicle gel for people with non-Gorlin High Frequency Basal Cell Carcinoma (HF-BCC) (Press release, PellePharm, JAN 8, 2020, View Source [SID1234552866]). HF-BCC is a rare disease that causes a higher than average number of BCCs to develop, specifically in the facial area. PellePharm is a late clinical-stage biopharmaceutical company committed to targeting rare forms of basal cell carcinoma (BCC).

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"There are approximately 35,000 people with HF-BCC in the United States. Their quality of life is significantly altered due to the multiple, invasive surgeries they must undergo during their treatment process," said Sanuj K. Ravindran, M.D., president and chief executive officer of PellePharm. "Our goal is to provide people living with HF-BCC better, non-surgical options, and we are pleased to have initiated our multicenter Phase 2 trial to further evaluate Patidegib Topical Gel."

The randomized, double-blinded, stratified, vehicle-controlled Phase 2 trial is evaluating the safety and efficacy of Patidegib Topical Gel 2% applied twice daily to the face over nine months vs. vehicle gel. The primary endpoint of the study is the number of surgically eligible basal cell carcinoma (nSEB) that develop on the face of participants over the nine-month period. The primary endpoint will be assessed by imaging and tracking of BCCs consistently throughout the study in order to identify nSEBs, consistent with the methods employed in the ongoing Phase 3 study of Patidegib topical gel for people living with Gorlin Syndrome. Approximately 40 participants will be enrolled in the Phase 2 trial.

"People with non-Gorlin HF-BCC are phenotypically similar to people with Gorlin Syndrome with respect to their BCCs, but are not born with a germline PTCH1 mutation. Those with HF-BCC are faced with the challenge of frequent BCC surgeries, which can be debilitating, painful and disfiguring, particularly to the face," said Srikanth Pendyala, M.D., vice president of clinical development at PellePharm. "Due to the success we have found with enrolling our Gorlin Syndrome Phase 3 pivotal trial, we are thrilled about this important Phase 2 study milestone, and hope that by initiating this trial, we are closer to being able to mitigate the significant burden of frequent surgeries for those living with HF-BCC."

PellePharm recently completed enrollment for its Phase 3 clinical trial of Patidegib Topical Gel 2% for people living with Gorlin Syndrome. PellePharm entered into a strategic collaboration with LEO Pharma in November 2018, which includes an option for LEO Pharma to acquire PellePharm.

About Patidegib
Patidegib Topical Gel, an investigational treatment, is designed to reduce the BCC tumor burden in people living with Gorlin Syndrome and High Frequency BCC (HF-BCC) by blocking the disease at its source within the hedgehog signaling pathway. Patidegib Topical Gel has shown early promise in a Phase 2 clinical study for the mitigation of BCC tumors in Gorlin Syndrome. The topical formulation of Patidegib was developed with a goal of providing the clinical activity previously demonstrated by oral Patidegib in Phase 1 trials and a favorable tolerability profile without the adverse systemic side effects observed with the oral class of hedgehog inhibitors. The topical gel formulation is stable at room temperature for at least two years, potentially making it an option for ongoing, at-home management of Gorlin Syndrome and HF-BCC. PellePharm has received both Orphan Drug Designation and Breakthrough Therapy Designation for Patidegib Topical Gel in Gorlin Syndrome from the FDA, as well as Orphan Drug Designation in Gorlin Syndrome from EMA’s Committee for Orphan Medicinal Products in the EU.

About Gorlin Syndrome
Gorlin Syndrome is a rare, genetic disease characterized by constitutional, heritable mutations in one allele of the tumor suppressor gene encoding PATCHED1 (PTCH1), which acts as the primary inhibitor of the hedgehog signaling pathway. This leads to the formation of multiple basal cell carcinomas (BCCs), often on the face.

With no FDA-approved drugs available for people living with Gorlin Syndrome, the standard of care for treating BCCs is surgery. People with severe Gorlin Syndrome may have as many as 30 surgeries per year, which can be repetitive, scarring and disfiguring. Approximately 10,000 people in the United States, or one in 31,000, are believed to be affected by Gorlin Syndrome. Gorlin Syndrome is known by several names, including Gorlin-Goltz Syndrome, Basal Cell Nevus Syndrome (BCNS) and Nevoid Basal Cell Carcinoma Syndrome (NBCCS).

About High Frequency Basal Cell Carcinoma (HF-BCC)
HF-BCC, like Gorlin Syndrome, is a rare disease which is characterized by the development of an abnormally high number of basal cell carcinomas (BCCs). Unlike people with Gorlin Syndrome, people with HF-BCC are not born with a germline PTCH1 mutation and do not suffer from the other systemic manifestations of Gorlin Syndrome. The current standard of care for people living with HF-BCC is BCC surgery.

UroGen to Present at 38th Annual J.P. Morgan Healthcare Conference

On January 8, 2020 UroGen Pharma Ltd. (Nasdaq: URGN), a biopharmaceutical company dedicated to building novel solutions that treat specialty cancers and urologic diseases because patients deserve better options, reported that Liz Barrett, President and Chief Executive Officer, will present at the 38th Annual J.P. Morgan Healthcare Conference on Wednesday, January 15, 2020 at 1:30 PM Pacific Time (Press release, UroGen Pharma, JAN 8, 2020, View Source [SID1234552865]). The event will be held in San Francisco at the Westin St. Francis.

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A live audio webcast of the event will be available on the Investors section of UroGen’s website, www.urogen.com. A replay of the webcast will be available on the website for approximately two weeks.

Checkmate Pharmaceuticals to Present at the 38th Annual J.P. Morgan Healthcare Conference

On January 8, 2020 Checkmate Pharmaceuticals Inc., a clinical stage biopharmaceutical company focused upon activation of innate immunity to treat cancer, reported that it will make a presentation at the 38th Annual J.P. Morgan Healthcare Conference (Press release, Checkmate Pharmaceuticals, JAN 8, 2020, View Source [SID1234552864]). The company will provide a corporate update on Wednesday, January 15, 2020 at 4:30 pm PT at the Westin St. Francis in San Francisco.

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