Vanda Pharmaceuticals to Announce Fourth Quarter and Full Year 2020 Financial Results on February 10, 2021

On February 2, 2021 Vanda Pharmaceuticals Inc. (Vanda) (Nasdaq: VNDA) reported it will release results for the fourth quarter and full year 2020 on Wednesday, February 10, 2021, after the market closes (Press release, Vanda Pharmaceuticals, FEB 2, 2021, View Source [SID1234574512]).

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Vanda will host a conference call at 4:30 PM ET on Wednesday, February 10, 2021, during which management will discuss the fourth quarter and full year 2020 financial results and other corporate activities. To participate in the conference call, please dial 1-866-688-9426 (domestic) or 1-409-216-0816 (international) and use passcode 3557867.

The conference call will be broadcast simultaneously and archived on Vanda’s website, www.vandapharma.com. Investors should go to the website at least 15 minutes early to register, download, and install any necessary audio software.

A replay of the call will be available on Wednesday, February 10, 2021, beginning at 7:30 PM ET and will be accessible until Wednesday, February 17, 2021, at 7:30 PM ET. The replay call-in number is 1-855-859-2056 for domestic callers and 1-404-537-3406 for international callers. The passcode number is 3557867.

Innovent and Lilly Jointly Announce the Approval of TYVYT® (sintilimab injection) by China NMPA in Combination with Pemetrexed and Platinum Chemotherapy as First-Line Therapy for Nonsquamous Non-Small Cell Lung Cancer

On February 2, 2021 Innovent Biologics, Inc. (Innovent) (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercializes high-quality medicines for the treatment of cancer, metabolic, autoimmune and other major diseases, and Eli Lilly and Company ("Lilly",NYSE: LLY), reported that the National Medical Products Administration (NMPA) of China has approved the supplemental New Drug Application (sNDA) of TYVYT (sintilimab injection) in combination with pemetrexed and platinum chemotherapy as first-line therapy for people with nonsquamous non-small cell lung cancer (nsqNSCLC) (Press release, Innovent Biologics, FEB 2, 2021, View Source [SID1234574511]). This is the second approved indication of TYVYT (sintilimab injection) in China, following the first approved indication by the NMPA in December 2018 for the treatment of relapsed or refractory classical Hodgkin’s lymphoma after at least two lines of systemic chemotherapy.

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The approval was based on a randomized, double-blind, Phase 3 clinical trial (ORIENT-11), which evaluated TYVYT (sintilimab injection) or placebo in combination with ALIMTA (pemetrexed injection) and platinum chemotherapy as first-line therapy for people with advanced or recurrent nsqNSCLC without sensitizing EGFR mutations or ALK rearrangements. A total of 397 participants were enrolled and were randomized in a 2:1 ratio (266 participants in the sintilimab combination arm, 131 participants in the placebo combination arm). ORIENT-11 demonstrated a statistically significant improvement in progression-free survival (PFS) of TYVYT (sintilimab injection) in combination with ALIMTA and platinum chemotherapy compared with placebo in combination with ALIMTA and platinum chemotherapy. The median PFS of sintilimab combination arm and placebo combination arm assessed by Independent Radiographic Review Committee was 8.9 months and 5.0 months respectively, HR (95%CI) = 0.482 (0.362,0.643), P < 0.00001. Overall survival (OS) was not mature at interim analysis. The safety profile is consistent with previously reported TYVYT (sintilimab injection) studies, and no new safety signals were identified.

At updated analysis after extended follow up, median OS of sintilimab combination arm was still not reached, while median OS of placebo combination arm was 16.0 months. Sintilimab combination significantly improved overall survival, HR (95%CI) = 0.606 (0.437,0.841), P=0.00250[1]. Details of the updated OS result will be published in near future.

Professor Li Zhang, head of the department of Oncology from Sun Yat-sen University Cancer Center, stated: "In China, about 60 percent of NSCLC cases are nonsquamous NSCLC, of which nearly 50 percent patients are gene-driven negative. There are large unmet medical needs for such patients with advanced lung cancer where targeted therapy is not suitable and treatment options are limited. In recent years, research on activating the human body’s immune system by suppressing immune checkpoints to make it play a role in attacking tumor cells have progressed rapidly. Using immune checkpoint inhibitors (such as anti-PD-1/PD-L1 antibodies) have provided new clinical approaches in the first-line treatment of recurrent or metastatic advanced NSCLC. We hope the new indication approval of TYVYT (sintilimab injection) can benefit more patients."

Dr. Yongjun Liu, President of Innovent, stated: "The efficacy and safety profile of TYVYT (sintilimab injection) as a high-quality PD-1 inhibitor is further proven in the ORIENT-11 trial. We are excited about the approval of TYVYT in this new indication which marks a milestone for TYVYT (sintilimab injection) in the treatment of NSCLC. We look forward to bringing this treatment option to nonsquamous non-small cell lung cancer patients."

Dr. Hui ZHOU, Vice President of Medical Science and Strategy Oncology of Innovent, stated: "In China, lung cancer has the highest incidence and mortality rate among all tumor types. Although treatment technology is advancing, there is still a large number of lung cancer patients lack of effective treatments. The new indication of TYVYT (sintilimab injection) has provided more treatment option for patients with first-line nonsquamous NSCLC. We sincerely hope that TYVYT (sintilimab injection) will help more patients with advanced lung cancer and their families."

Julio Gay-ger, Lilly China President and GM, stated: "Oncology is one of the most important strategic therapeutic areas for Lilly. In particular, we have been deeply rooted in lung cancer treatment for many years. The approval of the new indication for TYVYT (sintilimab injection) marks another major milestone under the Lilly-Innovent strategic collaboration and will also help to strengthen Lilly China’s footprint in lung cancer. We will keep supporting the development of cancer therapies in China and devote ourselves to achieving the Healthy China 2030 goal."

Dr. Li WANG, Senior VP of Lilly China and Head of Lilly China Drug Development and Medical Affairs Center, stated: "In recent years, the development of immuno-oncology therapies have progressed and changed the overall landscape of cancer treatment for many tumor types. Results of multiple clinical studies show that immuno-oncology therapy has become one of the standard treatment options for lung cancer due to its proven clinical benefit. We’re very excited about the approval and will keep working with Innovent to further explore TYVYT’s clinical potential in the field of immuno-oncology therapy with the hopes of helping more patients in China."

About Nonsquamous Non-Small Cell Lung Cancer

Cancer has been one of the leading causes of death in the world, with rapidly rising morbidities and mortalities. Among all cancers, lung cancer is a malignancy with the highest morbidity and mortality in China. NSCLC accounts for about 80 percent to 85 percent of lung cancer. Approximately 70 percent of NSCLC are locally advanced or metastatic at initial diagnosis, rendering the patients with no chance of radical resection. Meanwhile, even after radical surgery patients still have a high chance of recurrence and eventually die from disease progression. About 60 percent of people with NSCLC in China have the nonsquamous subtype, and 50 percent of people with nsqNSCLC are without sensitizing EGFR mutations or ALK rearrangements. These patients do not respond well to targeted therapy and there are limited treatment options available to them, and therefore this is a huge unmet medical need.

About TYVYT (Sintilimab Injection)

TYVYT (sintilimab injection) is an innovative PD-1 inhibitor with global quality standards jointly developed by Innovent and Eli Lilly and Company. In December 2018, TYVYT (sintilimab injection) was first approved by the China NMPA for the treatment of relapsed or refractory classic Hodgkin’s lymphoma after two lines or later of systemic chemotherapy. In February 2021, TYVYT (sintilimab injection) was approved by the China NMPA in combination with pemetrexed and platinum chemotherapy as first-line therapy for the treatment of nonsquamous non-small cell lung cancer. TYVYT (sintilimab injection) was included in the National Reimbursement Drug List (NRDL) in 2019 as the first PD-1 inhibitor and the only PD-1 included in the list in that year.

Currently TYVYT (sintilimab injection) has three supplemental New Drug Applications ("sNDA") under review by the NMPA. In August 2020, the NMPA accepted sNDA for TYVYT (sintilimab injection) in combination with GEMZAR (gemcitabine for injection) and platinum chemotherapy as first-line therapy in squamous NSCLC. In January 2021, the NMPA accepted the sNDA for TYVYT (sintilimab injection) in combination with BYVASDA (bevacizumab injection) as first-line therapy in Hepatocellular Carcinoma (HCC) and the sNDA for TYVYT (sintilimab injection) as second-line therapy in squamous NSCLC. Besides, in May 2020, TYVYT (sintilimab injection) monotherapy met the primary endpoint of overall survival in the Phase 2 ORIENT-2 study as second-line therapy in patients with advanced or metastatic esophageal squamous cell carcinoma.

TYVYT (sintilimab injection), is a type of immunoglobulin G4 monoclonal antibody, which binds to PD-1 molecules on the surface of T-cells, block the PD-1 / PD-Ligand 1 (PD-L1) pathway and reactivate T-cells to kill cancer cells. Innovent is currently conducting more than 20 clinical studies with TYVYT (sintilimab injection) to evaluate its safety and efficacy in a wide variety of cancer indications, including more than 10 registrational or pivotal clinical trials. Meanwhile, Innovent is conducting clinical research studies on TYVYT (sintilimab injection) worldwide.

Immunomic Therapeutics’ CEO to present at the BIO CEO & Investor Digital Conference

On February 2, 2021 Immunomic Therapeutics, Inc. (ITI), a privately held, Maryland-based biotechnology company, reported that the company will present at the BIO CEO & Investor Digital Conference, February 16-18, 2021 (Press release, Immunomic Therapeutics, FEB 2, 2021, View Source [SID1234574510]). Chief Executive Officer at ITI, Dr. Bill Hearl, will present a talk titled, "ITI-1000-A Novel Immunotherapy for GBM." Dr. Hearl will discuss ITI’s investigational UNiversal Intracellular Targeted Expression (UNITE) platform and its application in immuno-oncology, specifically glioblastoma multiforme (GBM). ITI’s technology platform has the potential to utilize the body’s natural biochemistry to develop a broad immune response and is currently being employed in a Phase II clinical trial as a cancer immunotherapy.

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Presentation details are as follows:

Who: William Hearl, Ph.D., Founder and CEO of Immunomic Therapeutics

What: ITI-1000–A Novel Immunotherapy for GBM

Where: Immunomic Therapeutics, Inc. – BIO CEO & Investor Digital Conference | BIO

About UNITE

ITI’s investigational UNITE platform, or UNiversal Intracellular Targeted Expression, works by fusing target antigens with the Lysosomal Associated Membrane Protein, an endogenous protein in humans, for immune processing. In this way, ITI’s vaccines (DNA or RNA) have the potential to utilize the body’s natural biochemistry to develop a broad immune response including antibody production, cytokine release and critical immunological memory. This approach could put UNITE technology at the crossroads of immunotherapies in a number of illnesses, including cancer, allergy and infectious diseases. UNITE is currently being employed in Phase II clinical trials as a cancer immunotherapy. ITI is also collaborating with academic centers and biotechnology companies to study the use of UNITE in cancer types of high mortality, including cases where there are limited treatment options like glioblastoma and acute myeloid leukemia. ITI believes that these early clinical studies may provide a proof of concept for UNITE therapy in cancer, and if successful, set the stage for future studies, including combinations in these tumor types and others. Preclinical data is currently being developed to explore whether LAMP nucleic acid constructs may amplify and activate the immune response in highly immunogenic tumor types and be used to create immune responses to tumor types that otherwise do not provoke an immune response.

Daiichi Sankyo Initiates Clinical Development of Sixth DXd ADC DS-6000 with Sarah Cannon Research Institute

On February 2, 2021 Daiichi Sankyo Company, Limited (hereafter, Daiichi Sankyo) and Sarah Cannon Research Institute (Sarah Cannon reported that the first patient has been dosed in the first-in-human phase 1 study evaluating DS-6000, a CDH6 directed antibody drug conjugate (ADC), in patients with advanced renal cell carcinoma or ovarian cancer with disease progression following standard treatment (Press release, Daiichi Sankyo, FEB 2, 2021, https://www.businesswire.com/news/home/20210202005385/en/Daiichi-Sankyo-Initiates-Clinical-Development-of-Sixth-DXd-ADC-DS-6000-with-Sarah-Cannon-Research-Institute [SID1234574508]).

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Despite recent advances in targeted treatment, five-year survival rates for both renal cell carcinoma and ovarian cancer remain low and new therapeutic strategies are needed for tumors that continue to progress on currently available medicines.1,2 CDH6 is a cadherin family protein overexpressed in several cancers, particularly renal cell and ovarian.3 CDH6 overexpression is associated with tumor growth and proliferation and has been correlated with poor prognosis in renal cell carcinoma.4 No CDH6 directed cancer therapies are currently approved.

"With DS-6000, we have applied our innovative DXd ADC technology to a promising molecular target, CDH6, and it has potential to serve as a new treatment modality for patients with renal cell or ovarian cancer," said Arnaud Lesegretain, Vice President Oncology R&D and Head, Alpha Portfolio, Daiichi Sankyo. "We are pleased to continue our successful collaboration with Sarah Cannon, working together on advancing the development of another novel ADC with first-in-class potential."

DS-6000 is the sixth DXd ADC from the oncology pipeline of Daiichi Sankyo to enter clinical development and the third being developed in collaboration with Sarah Cannon Research Institute.

"We look forward to developing DS-6000 as a potential treatment option for people facing renal cell carcinoma or ovarian cancer," says Erika Hamilton, MD, Director, Breast Cancer and Gynecologic Cancer Research Program, Sarah Cannon Research Institute at Tennessee Oncology. "In partnership with Daiichi Sankyo, we will further evaluate whether DS-6000 may serve as a new and effective therapy for patients who have progressed on standard treatments."

About the Study
The two-part, multicenter, open-label, first-in-human phase 1 trial will evaluate the safety and efficacy of DS-6000 in adult patients with advanced renal cell carcinoma or ovarian cancer resistant or refractory to standard of care therapy.

The first part of the study (dose escalation) will assess the safety and tolerability of increasing doses of DS-6000 to determine the maximum tolerated dose (MTD) and/or recommended dose for expansion (RDE) in approximately 46 patients with advanced renal cell carcinoma or ovarian tumors. The second part of the study (dose expansion) will further evaluate the safety and efficacy of DS-6000 at the RDE in two cohorts including approximately 30 patients with advanced renal cell carcinoma in cohort 1 and 25 patients with advanced ovarian cancer in cohort 2.

The study will evaluate safety endpoints including dose-limiting toxicities and adverse events and efficacy endpoints including overall response rate, duration of response, disease control rate, clinical benefit rate, time to response and progression-free survival. Pharmacokinetic and exploratory biomarker endpoints will also be assessed.

A total of approximately 102 patients are expected to be enrolled in this study at multiple sites in the U.S. For more information, please visit Clinicaltrials.gov.

About Renal Cell Carcinoma and Ovarian Cancer
Renal cell carcinoma accounts for 90 percent of all kidney cancer.5 There were approximately 431,000 new cases of kidney cancer and over 179,000 deaths reported worldwide in 2020.6 Ovarian cancer is one of the three most common gynecological malignancies.7 There were approximately 313,000 new cases of ovarian cancer and over 207,000 deaths reported worldwide in 2020.8 The five-year survival rate is 13 percent and 30 percent, respectively, for patients diagnosed with metastatic renal cell carcinoma and ovarian cancer.9,10

About DS-6000
DS-6000 is a potential first-in-class CDH6 directed antibody drug conjugate (ADC). Designed using Daiichi Sankyo’s proprietary DXd ADC technology, DS-6000 is the sixth ADC in the Daiichi Sankyo oncology pipeline to enter clinical development.

DS-6000 is comprised of a humanized anti-CDH6 IgG1 monoclonal antibody attached to a topoisomerase I inhibitor payload, an exatecan derivative, via a tetrapeptide-based cleavable linker. Preclinical research shows that DS-6000 binds to CDH6 on the surface of cancer cells, and it is proposed that DS-6000 is then brought inside the cell where lysosomal enzymes break down the linker and release the DXd payload to destroy the cell. In preclinical studies, DS-6000 inhibited tumor growth and induced tumor regression in CDH6 expressing renal cell and ovarian tumors.

DS-6000 is an investigational agent that has not been approved for any indication in any country. Safety and efficacy have not been established.

About Daiichi Sankyo Cancer Enterprise
The mission of Daiichi Sankyo Cancer Enterprise is to leverage our world-class, innovative science and push beyond traditional thinking to create meaningful treatments for patients with cancer. We are dedicated to transforming science into value for patients, and this sense of obligation informs everything we do. Anchored by our DXd antibody drug conjugate (ADC) technology, our powerful research engines include biologics, medicinal chemistry, modality and other research laboratories in Japan, and Plexxikon Inc., our small molecule structure-guided R&D center in Berkeley, CA. For more information, please visit: www.DSCancerEnterprise.com.

Exicure Announces Presentation at 2021 BIO CEO & Investor Digital Conference

On February 2, 2021 Exicure, Inc. (Nasdaq: XCUR), a pioneer in gene regulatory and immunotherapeutic drugs utilizing spherical nucleic acid (SNA) constructs, reported that David Giljohann, CEO, will present at the 2021 BIO CEO & Investor Digital Conference, February 16-18, 2021 (Press release, Exicure, FEB 2, 2021, View Source [SID1234574507]).

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The presentation will be available to registered conference attendees for on-demand viewing beginning February 15, 2021 at 9:00AM ET via the virtual conference link.

Registered conference attendees may schedule a 1×1 meeting with Exicure via the conference scheduling link.

Replays of the presentation will be available on Exicure’s website for 30 days following the presentation.