Onconova Therapeutics Announces Publication Of Preclinical Data Supporting Rigosertib’s Mechanism Of Action As A Targeted Anticancer Therapy

On July 23, 2020 Onconova Therapeutics, Inc. (NASDAQ: ONTX), a Phase 3-stage biopharmaceutical company focused on discovering and developing novel products to treat cancer, with an initial focus on myelodysplastic syndromes (MDS), reported the publication (Molecular Cell 79, 180-190, 2020) of in vitro data further supporting rigosertib’s role in modulating RAS cellular signaling (Press release, Onconova, JUL 23, 2020, View Source [SID1234562301]).

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"We believe this data sheds light on the capacity of Onconova’s targeted anti-cancer agent rigosertib to modulate the RAS pathway," said Steven M. Fruchtman, M.D., President and CEO. "Mutations of the RAS pathway are the most common mutations observed in cancer. In our opinion this paper confirms the rationale to investigate rigosertib in the treatment of RAS-driven malignant diseases which continue to have a high unmet medical need. Onconova looks forward to further showcasing efforts with this novel compound, including our virtual presentation at the 2nd Annual RAS-Targeted Drug Development Summit September 14-16, 2020."

The study compared the composition and activity of non-clinical grade rigosertib with clinical grade rigosertib that is approved for investigational use in humans. The authors found that non-clinical grade rigosertib used in in vitro studies by others contained impurities and degradation products in sufficient quantities to impact cellular function. In contrast, clinical grade rigosertib, which has been used in all clinical studies to-date, is free of this impurity. Using vincristine as a control, the ability of both compounds to bind tubulin (a mechanism of action seen in less targeted chemotherapy agents) was then measured. In vitro assay results indicated that both non-clinical grade rigosertib and the vincristine control showed tubulin binding activity, while clinical-grade rigosertib did not exhibit detectable tubulin-binding activity. Furthermore, cell lines expressing mutant beta-tubulin remained sensitive to rigosertib.

"We believe that the impurities found in non-clinical grade rigosertib, but not clinical-grade rigosertib, are responsible for the cellular effects observed such as tubulin disruption. Impurities are often found in non-clinical grade products and hence the reason these materials are not permitted in clinical trials," said Richard C. Woodman, M.D., Chief Medical Officer. "The peer-reviewed data reported in Molecular Cell provide new detail on how these impurities can influence chemical properties, cellular functions and subsequently, potential anticancer pathways. It is our opinion that this data supports rigosertib’s mechanism of action as a modulator of RAS signaling."

"Rigosertib is a RAS mimetic that binds to RAS binding domains of RAS effectors and inhibits growth of tumor cells in pre-clinical models. Our studies showed that clinical grade rigosertib does not exhibit tubulin binding activity. Clinical studies conducted by Onconova Therapeutics are expected to provide further insights into the clinical potential of this novel compound," added E. Premkumar Reddy, PhD, Professor of Pharmacological and Oncological Sciences, The Tisch Cancer Institute at the Icahn School of Medicine at Mount Sinai, who is also on Onconova’s Board of Directors.

About Rigosertib

Rigosertib, Onconova’s lead candidate, is a proprietary Phase 3 small molecule. A key publication in a preclinical model reported rigosertib’s ability to block cellular signaling by targeting RAS effector pathways (Divakar, S.K., et al., 2016: "A Small Molecule RAS-Mimetic Disrupts RAS Association with Effector Proteins to Block Signaling." Cell 165, 643). Onconova is currently in the clinical development stage with oral and IV rigosertib, including clinical trials studying single agent IV rigosertib in second-line higher-risk MDS patients (pivotal Phase 3 INSPIRE trial) and oral rigosertib plus azacitidine in HMA-naive and refractory higher-risk MDS patients (Phase 2). Investigator-initiated study (IIS) programs exploring oral rigosertib in a variety of cancers with mutations of RAS and its pathway are ongoing in solid tumors. Patents covering oral and injectable rigosertib have been issued in the US and are expected to provide coverage until at least 2037.

Iovance Biotherapeutics to Host Second Quarter 2020 Financial Results Conference Call and Webcast on Thursday, August 6, 2020

On July 23, 2020 Iovance Biotherapeutics, Inc. (NASDAQ: IOVA), a late-stage biotechnology company developing novel T cell-based cancer immunotherapies, reported that it will report its second quarter 2020 financial results on Thursday, August 6, 2020 (Press release, Iovance Biotherapeutics, JUL 23, 2020, View Source [SID1234562300]). Management will host a conference call and live audio webcast to discuss these results and provide a corporate update at 4:30 p.m. EDT.

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To participate in the conference call, please dial 1-844-646-4465 (domestic) or 1-615-247-0257 (international) and reference the access code 7875997. The live webcast can be accessed in the Investors section of the Company’s website at www.iovance.com. The archived webcast will be available for one year.

FibroGen to Report Second Quarter 2020 Financial Results

On July 23, 2020 FibroGen, Inc. (NASDAQ: FGEN) reported that it will announce its second quarter 2020 financial results on Thursday, August 6 after the market close (Press release, FibroGen, JUL 23, 2020, View Source [SID1234562299]). FibroGen will also conduct a conference call on that day at 5:00 p.m. ET (2:00 p.m. PT) with the investment community to further detail the company’s corporate and financial performance.

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Conference Call and Audio Webcast
Interested parties may access a live audio webcast of the conference call via the FibroGen website at View Source It is recommended that listeners access the website 15 minutes prior to the start of the call to download and install any necessary audio software.

Dial-In Information
Live (U.S./Canada): (877) 658-9081
Live (International): (602) 563-8732
Confirmation number: 8363719

A replay of the webcast will be available shortly after the call for a period of two weeks. To access the replay, please dial (855) 859-2056 (domestic) or (404) 537-3406 (international), and use passcode 8363719.

BioCryst to Report Second Quarter 2020 Financial Results on August 6

On July 23, 2020 BioCryst Pharmaceuticals, Inc. (Nasdaq: BCRX) reported that the company will report its second quarter 2020 financial results on Thursday, August 6, 2020 (Press release, BioCryst Pharmaceuticals, JUL 23, 2020, https://ir.biocryst.com/news-releases/news-release-details/biocryst-report-second-quarter-2020-financial-results-august-6 [SID1234562298]).

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BioCryst management will host a conference call and webcast at 8:30 a.m. ET that day to discuss the financial results and provide a corporate update.

The live call may be accessed by dialing 877-303-8027 for domestic callers and 760-536-5165 for international callers and using conference ID # 5142479. A live webcast of the call and any slides will be available online at the investors section of the company website at www.biocryst.com. A telephone replay of the call will be available by dialing 855-859-2056 for domestic callers or 404-537-3406 for international callers and entering the conference ID # 5142479.

argenx to report half year 2020 financial results and second quarter business update on July 30, 2020

On July 23, 2020 argenx (Euronext & Nasdaq: ARGX), a global immunology company committed to improving the lives of people suffering from severe autoimmune diseases and cancer, reported that it will host a conference call and audio webcast on Thursday, July 30, 2020 at 2:30 pm CET (8:30 am ET) to discuss its second quarter 2020 financial results and provide a business update (Press release, argenx, JUL 23, 2020, View Source [SID1234562297]).

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To participate in the conference call, please select your phone number below and use the confirmation code 7470386. The webcast may be accessed on the Investors section of the argenx website at argenx.com/investors. A replay of the webcast will be available on the argenx website for 90 days following the call.