BioMarin to Participate in Upcoming Virtual Investor Conference

On September 29, 2020 BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) reported that Brian Mueller, Executive Vice President, Chief Financial Officer, will participate in Morningstar’s Management Behind the Moat Conference on September 30, 2020 at 1:00pm ET (Press release, BioMarin, SEP 29, 2020, View Source [SID1234567773]). An audio webcast of the presentation will be available live. You can access the webcast at: View Source An archived version of the remarks will also be available through the Company’s website for a limited time following the conference.

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Hackensack Meridian CDI Scientists Find One-Two Punch Working Against Stubborn Pancreatic Cancer in Preclinical Models

On September 29, 2020 Hackensack Meridian Health reported that A one-two punch of changing gene expression, then deploying immune checkpoint inhibitors, shows promise in battling one of the most treatment-resistant types of cancer in preclinical models (Press release, Hackensack Meridian Health, SEP 29, 2020, View Source [SID1234567772]).

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Their research findings published Aug. 14 in the journal Cancer Research suggest that since some cancer treatments can be undermined by epigenetic changes (altered DNA methylation affecting gene expression) in cancer cells before the treatments are even administered, a worthwhile strategy is to administer an epigenetically-acting drug – which can pave the way for more effective subsequent use of immune-acting cancer treatments, the authors found.

"Overall, these findings in a model of aggressive pancreatic cancer have clear and promising implications for the design of future studies, both in mice and in human patients, to improve the effectiveness of epigenetic modulation, in combination with immune checkpoint inhibition," said Benjamin Tycko, M.D., Ph.D., the CDI lab director who oversaw the study, along with his longtime colleague Tamas Gonda, M.D. "They also suggest a clear path forward for making further improvements."

The tumor type – pancreatic ductal adenocarcinoma – is among the most deadly cancer types, since it has proven to be stubbornly resistant both to standard chemotherapy and more recent immunotherapies.

The researchers tested four protocols, which included the sequential use of decitabine, a DNA-hypomethylating drug, followed by immune checkpoint inhibitors. Among the effects documented in the data: the increase in crucial, and tumor-infiltrating, effector T cells, with this one-two punch.

Compared against the control group, there were no adverse side effects of adding decitabine, and the one-two punch of decitabine and the immune-acting agents doubled the average survival time in the model.

However, treatment was still not a cure, and the cancers ultimately progressed – perhaps partly because of a decitabine-induced increase in M2 macrophages, immune system cells which can inhibit therapeutic responses.

The researchers’ work continues, with further strategies including adding other epigenetic drugs, and also discovering ways to reduce the number of M2 macrophages – to potentially improve the response.

Authors of the study include colleagues from Columbia University, who have started working on an early-phase clinical trial in relation to the therapeutic combination. Additionally, motivated by the findings in pancreatic cancer, scientists at the CDI are now at work applying a similar approach in a multiple myeloma model. They are also starting new collaborations with investigators working on pancreatic cancer at the Georgetown Lombardi Comprehensive Cancer Center. John Theurer Cancer Center of Hackensack Meridian Health is a member of the Georgetown Lombardi Comprehensive Cancer Center Consortium.

A DNA hypomethylating drug alters the tumor microenvironment and improves the effectiveness of immune checkpoint inhibitors in a mouse model of pancreatic cancer.
Gonda TA, Fang J, Salas M, Do C, Hsu E, Zhukovskaya A, Siegel A, Takahashi R, Lopez-Bujanda ZA, Drake CG, Manji GA, Wang TC, Olive KP, Tycko B.Cancer Res. 2020 Aug 14:canres.0285.2020. doi: 10.1158/0008-5472.CAN-20-0285.

Applied BioMath, LLC Announces Collaboration with Cullinan Oncology

On September 29, 2020 Applied BioMath (www.appliedbiomath.com), the industry-leader in applying systems pharmacology and mechanistic modeling, simulation, and analysis to de-risk drug research and development, reported a collaboration with Cullinan Oncology (Press release, Applied BioMath, SEP 29, 2020, View Source [SID1234567769]). Applied BioMath will develop a systems pharmacology model for CLN-049, a novel FLT3XCD3 bispecific antibody for Acute Myeloid Leukemia, being developed by Cullinan Florentine, a Cullinan Oncology company. This model will be used to determine first in human starting dose and to predict efficacious dose range in the clinic. "We look forward to leveraging the proven modeling approaches of Applied BioMath in our development project," said Jennifer Michaelson, Chief Development Officer, Biologics at Cullinan Oncology. "We see significant potential for Applied BioMath’s modeling efforts to augment our program, from predicting starting dose and efficacious dose ranges and informing optimal dose regimens in the clinic, to helping us design efficacy studies in mice and tolerability studies in non-human primates."

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Applied BioMath employs a rigorous fit-for-purpose model development process which aims to quantitatively integrate knowledge about therapeutics with an understanding of its mechanism of action in the context of human disease mechanisms. Their approach employs proprietary algorithms and software that were designed specifically for systems pharmacology model development, simulation, and analysis. "Our mechanistic approach to systems pharmacology modeling is the most accurate way to translate across species and prepare for first in human doses," said Dr. John Burke, PhD, Co-Founder, President, and CEO of Applied BioMath. "We look forward to leveraging our modeling expertise to help Cullinan Oncology advance their therapeutic to the clinic."

Cardiff Oncology Announces Proposed Public Offering

On September 29, 2020 Cardiff Oncology, Inc. (Nasdaq: CRDF), a clinical-stage oncology therapeutics company developing drugs to treat cancers with the greatest medical need for new treatment options, including KRAS-mutated colorectal cancer, castration-resistant prostate cancer and leukemia, reported that it has commenced an underwritten public offering of its shares of common stock (Press release, Cardiff Oncology, SEP 29, 2020, View Source [SID1234567768]). In addition, Cardiff Oncology expects to grant the underwriters a 30-day option to purchase up to an additional 15% of its shares of common stock sold in the public offering. All of the shares are being offered by Cardiff Oncology.

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Cardiff Oncology intends to use the net proceeds from this offering for clinical development of its product candidate, onvansertib, working capital and for other general corporate purposes.

Cowen and Piper Sandler & Co. are acting as joint book-running managers for the offering. H.C. Wainwright & Co., LLC is acting as lead manager for the offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed or as to the actual size or terms of the offering.

The offering is being made pursuant to a shelf registration statement on Form S-3 which has been filed with the U.S. Securities and Exchange Commission (SEC) and declared effective on July 1, 2019. The securities may be offered only by means of a prospectus. A preliminary prospectus supplement relating to the offering will be filed with the SEC. Copies of the preliminary prospectus supplement and the accompanying prospectus relating to the offering, may be obtained, when available, from Cowen and Company, LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Attention: Prospectus Department, by telephone at (833) 297-2926 or by email at [email protected] and Piper Sandler & Co., Attn: Prospectus Department, 800 Nicollet Mall, J12S03, Minneapolis, Minnesota 55402, by telephone at (800) 747-3924 or by email at [email protected].

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

Penumbra, Inc. Schedules Third Quarter 2020 Earnings Release and Conference Call for October 28, 2020

On September 29, 2020 Penumbra, Inc. (NYSE: PEN) reported that it will host a conference call to discuss financial results for the third quarter 2020 after market close on Wednesday, October 28, 2020 at 4:30 PM Eastern Time (Press release, Penumbra, SEP 29, 2020, View Source [SID1234567767]). Penumbra is hosting its call in advance of Election Day 2020, which will be a paid company holiday for Penumbra’s U.S. employees to support their right to participate in our democracy. A press release with third quarter 2020 financial results will be issued after market close on October 28, 2020.

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Webcast & Conference Call Information
The conference call can be accessed live over the phone by dialing (833) 350-1434 for domestic and international callers (conference id: 3538526), or the webcast can be accessed on the "Events" section under the "Investors" tab of the Company’s website at: www.penumbrainc.com. The webcast will be available on the Company’s website for at least two weeks following the completion of the call.