Agios Announces FDA Orphan Drug Designation Granted to Mitapivat for Treatment of Thalassemia

On June 8, 2020 Agios Pharmaceuticals, Inc. (NASDAQ: AGIO), a leader in the field of cellular metabolism to treat cancer and rare genetic diseases, reported that the U.S. Food and Drug Administration (FDA) has granted orphan drug designation to the company’s first-in-class pyruvate kinase-R (PKR) activator mitapivat for the treatment of patients with thalassemia (Press release, Agios Pharmaceuticals, JUN 8, 2020, View Source [SID1234560897]). Mitapivat is an investigational, oral, small molecule allosteric activator of wild-type and a variety of mutated PKR enzymes.

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"Receiving orphan drug designation is an important milestone as we continue to advance mitapivat for patients with thalassemia, a serious hemolytic anemia with limited treatment options," said Chris Bowden, M.D., chief medical officer at Agios. "We look forward to presenting updated data from our Phase 2 study of mitapivat in both alpha- and beta-thalassemia patients at the virtual European Hematology Association (EHA) (Free EHA Whitepaper) Annual Congress later this week."

The FDA’s Office of Orphan Drug Products grants orphan status to support the development of medicines for underserved patient populations, or rare disorders, that affect fewer than 200,000 people in the U.S. Orphan drug designation provides certain benefits, including market exclusivity upon regulatory approval if received, exemption of FDA application fees and tax credits for qualified clinical trials.

Mitapivat was previously granted orphan drug designation by the FDA and the European Medicines Agency for pyruvate kinase (PK) deficiency, a rare, debilitating, hemolytic anemia.

Mitapivat Clinical Development
Agios is conducting a Phase 2 study evaluating the efficacy, safety, pharmacokinetics and pharmacodynamics of treatment with mitapivat in adults with non-transfusion-dependent β- and α-thalassemia (NTDT). The trial is fully enrolled, and the primary endpoint is hemoglobin response. Preliminary Phase 2 data establishing proof-of-concept for mitapivat in thalassemia were disclosed at the end of 2019, and updated data from this trial will be presented at the 25th European Hematology Association (EHA) (Free EHA Whitepaper) Annual Congress, which is being held virtually on June 11-14, 2020.

In addition, Agios has two ongoing global, pivotal trials in adults with PK deficiency that are fully enrolled.

ACTIVATE: A placebo-controlled trial with a 1:1 randomization evaluating patients who do not receive regular transfusions. The primary endpoint of the trial is the proportion of patients who achieve a sustained hemoglobin increase of ≥1.5 g/dL.
ACTIVATE-T: A single arm trial of regularly transfused patients with a primary endpoint of reduction in transfusion burden over six months compared to individual historical transfusion burden over prior 12 months.
Mitapivat is also being studied in sickle cell disease under a Cooperative Research and Development Agreement (CRADA) with the U.S. National Institutes of Health.

Mitapivat is not approved for use by any regulatory authority.

Lilly to Participate in Goldman Sachs Global Healthcare Conference

On June 8, 2020 Eli Lilly and Company (NYSE:LLY) reported that it will participate in the Goldman Sachs 41st Annual Global Healthcare Conference on Wednesday, June 10, 2020 (Press release, Eli Lilly, JUN 8, 2020, View Source [SID1234560896]). Joshua Smiley, senior vice president and Lilly’s chief financial officer, will participate in a virtual fireside chat at 2:10 p.m. EDT.

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A live audio webcast will be available on the "Webcasts & Presentations" section of Lilly’s investor website at View Source A replay will be available for approximately 90 days.

Xenetic Biosciences, Inc. to Present at the Virtual Investor Fireside Chat Series

On June 8, 2020 Xenetic Biosciences, Inc. (NASDAQ:XBIO) ("Xenetic" or the "Company"), a biopharmaceutical company focused on advancing XCART, a personalized CAR T platform technology engineered to target patient- and tumor-specific neoantigens, reported that Jeffrey Eisenberg, Chief Executive Officer of Xenetic, will present at the Virtual Investor Fireside Chat Series on Tuesday, June 16, 2020 at 12:00 PM ET (Press release, Xenetic Biosciences, JUN 8, 2020, View Source [SID1234560895]).

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A live video webcast of the fireside chat will be available on the IR Calendar page of the Investors section of the Company’s website (xeneticbio.com). Immediately following the fireside chat, management will participate in an interactive Q&A session with interested parties, allowing participants to type in questions and receive live responses. A webcast replay will be available two hours following the live presentation and will be accessible for one year.

To schedule a one-on-one call with management, please submit a request through the conference website vifiresidechat.com, or contact the conference at [email protected]. For more information about the event, please visit vifiresidechat.com.

Can-Fite Participating in BIO Digital International Convention and One-on-One Partnering Meetings on June 8-12, 2020

On June 8, 2020 Can-Fite BioPharma Ltd. (NYSE American: CANF) (TASE:CFBI), a biotechnology company advancing a pipeline of proprietary small molecule drugs that address cancer, liver and inflammatory diseases, reported that the Company’s VP of Business Development, Dr. Sari Fishman, is conducting one-on-one meetings with pharmaceutical companies for potential distribution and partnerships for the Company’s drug candidates, Piclidenoson and Namodenoson, at the BIO International Convention 2020 which is taking place digitally on June 8-12, 2020 (Press release, Can-Fite BioPharma, JUN 8, 2020, View Source [SID1234560894]).

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"Namodenoson’s highly encouraging Phase II data showing it substantially resolved all cases of NASH, in addition to the drug’s advancement towards a global pivotal Phase III study in liver cancer underscores its value for potential partnership agreements. Likewise, we expect interim data for Piclidenoson on Phase III studies in psoriasis and rheumatoid arthritis by the end of this year. With our advanced stage clinical pipeline, this is very opportune timing for us to engage in discussions with potential pharma partners seeking safe and effective drugs for autoimmune and liver diseases," stated Can-Fite CEO Dr. Pnina Fishman.

Can-Fite currently has out-licensing agreements for its Namodenoson and Piclidenoson drug candidates in several territories and has received approximately $18 million in upfront and milestone payments to date.

Press Release: EpiVax Announces Licensing of Immunogenicity Screening Toolkit, ISPRI, to AbCellera

On June 4, 2020 EpiVax, Inc. ("EpiVax") a Rhode Island-based company and recognized leader in the field in the field of immunogenicity assessment reported it has licensed its advanced in silico toolkit for biologics immunogenicity screening, ISPRI, to AbCellera Biologics Inc. ("AbCellera") (Press release, EpiVax, JUN 8, 2020, View Source [SID1234560893]).

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The ISPRI toolkit allows researchers to assess and mitigate the safety and efficacy of biologic candidates in real-time. The platform enables not only the identification of T cell epitopes, but also the characterization of predicted T cell response to biologics. This ability to differentiate between inflammatory and regulatory T cell immune responses utilizing computational tools is unique to EpiVax’s platforms, ISPRI and iVAX.

AbCellera, a leading biotech company in therapeutic antibody discovery from natural immune systems, plans to utilize the ISPRI toolkit to support lead candidate selection in their antibody discovery programs.

"We are pleased to enter into this relationship with EpiVax. EpiVax is a recognized leader in the field and the addition of ISPRI to AbCellera’s discovery and engineering platforms will accelerate the advancement of promising therapeutics to clinical development" said Kevin Heyries, Head of Business Development at AbCellera.

Annie De Groot, MD, CEO/CSO of EpiVax said, "We are pleased to see AbCellera join the roster of leading pharmaceutical companies that are using ISPRI to assess preclinical immunogenicity."